Civic Intelligence

Sheet Metal Workers' Local 15 Apprentice

EIN 23-7363298 • 501(c)3 • Tampa, FL

Profile

To provide up-to-date training and instruction for apprentices in the sheet metal industry.

5619 N 50th StTampa, FL 33610

www.smwlu15jatc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.03x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

65th percentile

0.07x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

61st percentile

10%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-0.3%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2025

Revenue Growth

43rd percentile

3.1%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2025

Assets

Up

$662,983

Up $28,313 (+4.5%) from 2024

Liabilities

Down

$21,696

Down $5,040 (-19%) from 2024

Net Assets

Up

$641,287

Up $33,353 (+5.5%) from 2024

Revenue

Up

$326,390

Up $39,637 (+14%) from 2024

Expenses

Down

$293,037

Down $11,999 (-3.9%) from 2024

Net Income

Up

$33,353

Up $51,636 (+282%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2020: $858,900Liabilities 2020: $499Net Assets 2020: $858,4012020Assets 2021: $699,098Liabilities 2021: $515Net Assets 2021: $698,5832021Assets 2022: $668,224Liabilities 2022: $534Net Assets 2022: $667,6902022Assets 2023: $657,811Liabilities 2023: $31,594Net Assets 2023: $626,2172023Assets 2024: $634,670Liabilities 2024: $26,736Net Assets 2024: $607,9342024Assets 2025: $662,983Liabilities 2025: $21,696Net Assets 2025: $641,2872025

Highlighted filing

2025

Assets$662,983
Liabilities$21,696
Net Assets$641,287

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $278,337Expenses 2020: $261,716Net Income 2020: $16,6212020Revenue 2021: $241,647Expenses 2021: $401,465Net Income 2021: -$159,8182021Revenue 2022: $297,720Expenses 2022: $328,613Net Income 2022: -$30,8932022Revenue 2023: $270,115Expenses 2023: $311,588Net Income 2023: -$41,4732023Revenue 2024: $286,753Expenses 2024: $305,036Net Income 2024: -$18,2832024Revenue 2025: $326,390Expenses 2025: $293,037Net Income 2025: $33,3532025

Highlighted filing

2025

Revenue$326,390
Expenses$293,037
Net Income$33,353

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$326,390
Mission and Program Overview

Mission

To provide up-to-date training and instruction for apprentices in the sheet metal industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$413,697$397,137▼ $16,560
Savings and Temporary Cash Investments$116,646$136,440▲ $19,794
Cash and Non-Interest-Bearing Accounts$104,327$129,406▲ $25,079
Total Assets$634,670$662,983▲ $28,313
Liabilities
Mortgage Notes Payable Secured by Investment Property$26,472$21,395▼ $5,077
Accounts Payable and Accrued Expenses$264$301▲ $37
Total Liabilities$26,736$21,696▼ $5,040
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$607,934$641,287▲ $33,353
Total Net Assets Fund Balance$607,934$641,287▲ $33,353
Total Liabilities and Net Assets / Fund Balance$634,670$662,983▲ $28,313

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$262,069$641,679$903,748
Equipment$18,902$113,251$132,153
Land$116,166-$116,166
Compensation and Service Providers

Employees

NameTitleOtherTotal
Brian MccordChairman$116,846$116,846
Hector RiveraLabor Trustee$110,569$110,569

Board Members and Trustees

NameTitle
PATRICK O'LEARYFormer Chairman
Dan DemasoManagement Trustee
Michael HessManagement Trustee
Daniel SinclairSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$293,021
Program Service Revenue
$29,157
Investment Income
$4,212
Other Revenue
$0
All Other Contributions
$293,021
Change in Net Assets
$33,353

Audited Revenue Reconciliation

Revenue per Audited Statements
$326,390
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$326,390
Total Revenue per Form 990
$326,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,070
Other Expenses$134,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,522$14,291-$117,813
Occupancy$25,434$4,719-$30,153
Depreciation Depletion$25,136$1,205-$26,341
Insurance$18,242$3,115-$21,357
Conferences and Meetings$17,538$124-$17,662
Pension Plan Contributions$15,454--$15,454
Other Employee Benefits$14,528--$14,528
Fees for Services Accounting$3,015$9,045-$12,060
Other Expenses$10,660--$10,660
Payroll Taxes$9,175$1,100-$10,275
Office Expenses$7,068$690-$7,758
Information Technology$3,897$187-$4,084
Payments to Affiliates$2,544--$2,544
Interest$1,444$30-$1,474
Travel$593$31-$624
Advertising$250--$250
Total Functional Expenses$258,500$34,537$0$293,037

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$293,037
Total Expenses per Audited Statements$293,037
Total Expenses per Form 990$293,037
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is presented to the trustees at a meeting prior to its filing date. If no meeting is scheduled, all trustees are notified that the form is available to be received electronically or viewed in the office. A copy is sent to each trustee as requested. The form is discussed and approved by the board of trustees.

Form 990, Part VI, Section B, Line 12C

The trustees complete the checklist for monitoring your conflict of interest policy annually. In addition all employees, officers and trustees complete the conflict of interest certification and disclosure form annually after receipt and review of the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

All officers and trustees are volunteer positions. No compensation is paid. If an officer or trustee receives pay, they are not paid for their work as officers or trustees but are paid for other duties performed for the apprenticeship fund. Their wages are determined using the industrial journeyman scale of the local union.

Form 990, Part VI, Section C, Line 19

A copy of the governing documents, policies and financial statements are available for inspection at all times upon request in the fund's office during normal business hours.

Filing and Contact Details

Filer

Filer Name
SHEET METAL WORKERS' LOCAL 15 APPRENTICE
EIN
23-7363298
Phone
8136280021
Address
5619 N 50TH ST, TAMPA, FL 33610

Signing Officer

Name
Brian Mccord
Title
Chairman
Phone
8136280021
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Mccord
Formed
1972
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
0

Preparer

Firm
Bates CPA Pllc
Address
610 E ZACK ST STE 504, TAMPA, FL 33602
Preparer
Brennan Bates CPA
Phone
8138030025
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

The method of accounting as described as "other" is the modified cash basis of accounting. The organization uses the modified cash basis of accounting for its tax forms, bookkeeping, and financial statements. This method differs from the cash method of accounting in that it reflects the capitalized cost of property and equipment and its related depreciation, the amount of loans received for asset purchases, and the liability related to the amounts withheld from employees pay.

Form 990, Part XII, Line 2C

There has been no change in the process from the prior year.

Financial Statement Notes

PART X, LINE 2:

Income not directly related to the fund's tax-exempt purpose is subject to taxation as unrelated business income. For the year ended june 30, 2025 and 2024, the fund has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements. Additionally, the fund believes it has conducted its operations in accordance with, and has properly maintained, its tax-exempt status. Tax returns for the years 2022 through 2024 are subject to examination by the internal revenue service.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113251
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0132153
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0293037
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0116166
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0116166
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0326390
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME NOT DIRECTLY RELATED TO THE FUND'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED JUNE 30, 2025 AND 2024, THE FUND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE FUND BELIEVES IT HAS CONDUCTED ITS OPERATIONS IN ACCORDANCE WITH, AND HAS PROPERLY MAINTAINED, ITS TAX-EXEMPT STATUS. TAX RETURNS FOR THE YEARS 2022 THROUGH 2024 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0397137
IRS990ScheduleD/TotalExpensesPerForm990Amt0293037
IRS990ScheduleD/TotalRevenuePerForm990Amt0326390
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0326390
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0293037
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt077007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt028691
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014592
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICK O'LEARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0120290
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE TRUSTEES AT A MEETING PRIOR TO ITS FILING DATE. IF NO MEETING IS SCHEDULED, ALL TRUSTEES ARE NOTIFIED THAT THE FORM IS AVAILABLE TO BE RECEIVED ELECTRONICALLY OR VIEWED IN THE OFFICE. A COPY IS SENT TO EACH TRUSTEE AS REQUESTED. THE FORM IS DISCUSSED AND APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES COMPLETE THE CHECKLIST FOR MONITORING YOUR CONFLICT OF INTEREST POLICY ANNUALLY. IN ADDITION ALL EMPLOYEES, OFFICERS AND TRUSTEES COMPLETE THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ANNUALLY AFTER RECEIPT AND REVIEW OF THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND TRUSTEES ARE VOLUNTEER POSITIONS. NO COMPENSATION IS PAID. IF AN OFFICER OR TRUSTEE RECEIVES PAY, THEY ARE NOT PAID FOR THEIR WORK AS OFFICERS OR TRUSTEES BUT ARE PAID FOR OTHER DUTIES PERFORMED FOR THE APPRENTICESHIP FUND. THEIR WAGES ARE DETERMINED USING THE INDUSTRIAL JOURNEYMAN SCALE OF THE LOCAL UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT ALL TIMES UPON REQUEST IN THE FUND'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE METHOD OF ACCOUNTING AS DESCRIBED AS "OTHER" IS THE MODIFIED CASH BASIS OF ACCOUNTING. THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING FOR ITS TAX FORMS, BOOKKEEPING, AND FINANCIAL STATEMENTS. THIS METHOD DIFFERS FROM THE CASH METHOD OF ACCOUNTING IN THAT IT REFLECTS THE CAPITALIZED COST OF PROPERTY AND EQUIPMENT AND ITS RELATED DEPRECIATION, THE AMOUNT OF LOANS RECEIVED FOR ASSET PURCHASES, AND THE LIABILITY RELATED TO THE AMOUNTS WITHHELD FROM EMPLOYEES PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAS BEEN NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SHEET METAL WORKERS LOCAL NO 15
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0592400209
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOCAL UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05619 N 50TH ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TAMPA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033610
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0634670
IRS990/TotalAssetsEOYAmt0662983
IRS990/TotalAssetsGrp/BOYAmt0634670
IRS990/TotalAssetsGrp/EOYAmt0662983
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0293021
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034537
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0258500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0293037
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026736
IRS990/TotalLiabilitiesEOYAmt021696
IRS990/TotalLiabilitiesGrp/BOYAmt026736
IRS990/TotalLiabilitiesGrp/EOYAmt021696
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0607934
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0641287
IRS990/TotalOtherCompensationAmt0128231
IRS990/TotalProgramServiceExpensesAmt0258500
IRS990/TotalProgramServiceRevenueAmt029157
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033369
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0326390
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0634670
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0662983
IRS990/TotReportableCompRltdOrgAmt0219474
IRS990/TravelGrp/ManagementAndGeneralAmt031
IRS990/TravelGrp/ProgramServicesAmt0593
IRS990/TravelGrp/TotalAmt0624
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X

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