Civic Intelligence

Sheet Metal Workers Int'L Union No 45

990 • Fiscal year 2022 • EIN 42-0519613

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 29, 2022

4534 NW 6th DriveDes Moines, IA 50313

(515) 262-7421

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.01x

Higher debt load relative to assets than 53% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

49th percentile

0.01x

Higher debt load relative to revenue than 49% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Net Margin

30th percentile

-0.9%

Higher net margin than 30% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

69th percentile

$149,790

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Asset Growth

44th percentile

-0.2%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

3.0%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,038,065

Down $1,690 (-0.2%) from 2021

Net Assets

Down

$1,024,022

Down $9,394 (-0.9%) from 2021

Liabilities

Up

$14,043

Up $7,704 (+122%) from 2021

Revenue

Up

$1,052,416

Up $31,030 (+3.0%) from 2021

Expenses

Up

$1,061,810

Up $4,899 (+0.5%) from 2021

Net Income

Up

-$9,394

Up $26,131 (+74%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2012: $995,532Liabilities 2012: $0Net Assets 2012: $995,5322012Assets 2013: $993,064Liabilities 2013: $12,295Net Assets 2013: $980,7692013Assets 2014: $1,077,031Liabilities 2014: $0Net Assets 2014: $1,077,0312014Assets 2015: $1,227,140Liabilities 2015: $2,669Net Assets 2015: $1,224,4712015Assets 2016: $1,148,610Liabilities 2016: $0Net Assets 2016: $1,148,6102016Assets 2017: $1,158,683Liabilities 2017: $3,786Net Assets 2017: $1,154,8972017Assets 2018: $1,197,811Liabilities 2018: $1,383Net Assets 2018: $1,196,4282018Assets 2019: $1,089,102Liabilities 2019: $3,733Net Assets 2019: $1,085,3692019Assets 2020: $1,071,166Liabilities 2020: $2,225Net Assets 2020: $1,068,9412020Assets 2021: $1,039,755Liabilities 2021: $6,339Net Assets 2021: $1,033,4162021Assets 2022: $1,038,065Liabilities 2022: $14,043Net Assets 2022: $1,024,0222022Assets 2023: $1,190,366Liabilities 2023: $7,211Net Assets 2023: $1,183,1552023Assets 2024: $1,405,200Liabilities 2024: $6,493Net Assets 2024: $1,398,7072024Assets 2025: $1,484,440Liabilities 2025: $13,579Net Assets 2025: $1,470,8612025

Highlighted filing

2022

Assets$1,038,065
Liabilities$14,043
Net Assets$1,024,022

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $765,414Expenses 2012: $710,665Net Income 2012: $54,7492012Revenue 2013: $765,687Expenses 2013: $780,450Net Income 2013: -$14,7632013Revenue 2014: $935,386Expenses 2014: $839,124Net Income 2014: $96,2622014Revenue 2015: $876,898Expenses 2015: $729,458Net Income 2015: $147,4402015Revenue 2016: $839,621Expenses 2016: $915,482Net Income 2016: -$75,8612016Revenue 2017: $934,214Expenses 2017: $927,927Net Income 2017: $6,2872017Revenue 2018: $1,006,285Expenses 2018: $964,754Net Income 2018: $41,5312018Revenue 2019: $947,547Expenses 2019: $1,058,606Net Income 2019: -$111,0592019Revenue 2020: $943,169Expenses 2020: $959,597Net Income 2020: -$16,4282020Revenue 2021: $1,021,386Expenses 2021: $1,056,911Net Income 2021: -$35,5252021Revenue 2022: $1,052,416Expenses 2022: $1,061,810Net Income 2022: -$9,3942022Revenue 2023: $1,234,998Expenses 2023: $1,075,865Net Income 2023: $159,1332023Revenue 2024: $1,360,304Expenses 2024: $1,144,752Net Income 2024: $215,5522024Revenue 2025: $1,259,365Expenses 2025: $1,187,211Net Income 2025: $72,1542025

Highlighted filing

2022

Revenue$1,052,416
Expenses$1,061,810
Net Income-$9,394
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 29, 2022
Return Version
2021v4.0
Gross Receipts
$1,052,416
Mission and Program Overview

Mission

Provide for its members through organized effort to establish and maintain desirable working conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$956,066$967,633▲ $11,567
Savings and Temporary Cash Investments$55,397$55,721▲ $324
Land, Buildings, and Equipment, Net$23,292$9,711▼ $13,581
Total Assets$1,039,755$1,038,065▼ $1,690
Other Assets Total$5,000$5,000→ $0
Liabilities
Other Liabilities$6,339$14,043▲ $7,704
Total Liabilities$6,339$14,043▲ $7,704
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,033,416$1,024,022▼ $9,394
Total Net Assets Fund Balance$1,033,416$1,024,022▼ $9,394
Total Liabilities and Net Assets / Fund Balance$1,039,755$1,038,065▼ $1,690

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,884$98,119$102,003
Equipment$5,827$57,652$63,479
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew BredesonBusiness MgrFT$88,158$61,632$149,790
Jon QuijanoBusiness RepFT$79,968$61,632$141,600
Nedd BrownPresident-$4,340$557$4,897
Curt RoachTrustee-$3,353-$3,353
Matt CourneyTrustee-$3,353-$3,353

Board Members and Trustees

NameTitle
Scott ShoopTrustee
Michael FulkersonExecutive Bo
Scott PlymExecutive Bo
Ryan ConrathRecording Se
Chad WeirVice Preside
Stephen WaltzWarden
Revenue and Support

Revenue Composition

Contributions and Grants
$70,816
Program Service Revenue
$948,714
Investment Income
$2,025
Other Revenue
$30,861
All Other Contributions
$70,816
Change in Net Assets
$-9,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,052,416
Total Revenue per Audited Statements
$1,052,416
Total Revenue per Form 990
$1,052,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$540,389
Other Expenses$521,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$314,511
Current Officers, Directors, Trustees, and Key Employees---$307,887
Other Salaries and Wages---$122,883
Pension Plan Contributions---$55,409
Office Expenses---$35,660
Other Employee Benefits---$29,270
Payroll Taxes---$24,940
Occupancy---$22,020
Insurance---$18,270
Fees for Services Accounting---$14,725
Depreciation Depletion---$13,581
Other Expenses---$12,008
All Other Expenses---$11,108
Conferences and Meetings---$4,783
Total Functional Expenses$0$0$0$1,061,810

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,061,810
Total Expenses per Audited Statements$1,061,810
Total Expenses per Form 990$1,061,810
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Benefit Funds$6,514
Credit Cards$6,026
Payroll Liabilities$1,503
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

As of june 30, 2022 the union had 609 members. The classes of members are: journeymen, apprentice, production workers, classified workers, pre apprentices, retirees, residential workers and residential apprentices.

Form 990, Page 6, Part VI, Line 7A

Members in good standing are able to elect trustees every three years.

Form 990, Page 6, Part VI, Line 7B

Members can vote on approval of wage packages and disbursements of money.

Form 990, Page 6, Part VI, Line 11B

The union's business manager/financial secretary reviews the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 15A

The business manager's wages are set forth in the bylaws and are determined using the union's contemporaneous wage rates.

Form 990, Page 6, Part VI, Line 15B

The business representative and organizer's wages are set forth in the bylaws and are determined using the union's contemporaneous wage rates. Other employee wages are determined by the business manager and are determined using the union's contemporaneous wage rates.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request from the union's administrative office.

Filing and Contact Details

Filer

Filer Name
SHEET METAL WORKERS INT'L
EIN
42-0519613
Phone
5152627421
Address
4534 NW 6TH DRIVE, DES MOINES, IA 50313

Signing Officer

Name
Andrew Bredeson
Title
Business Mgr/fin Sec
Phone
5152627421
Signed
2022-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Bredeson
Formed
1937
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
14

Preparer

Firm
Deboer & Associates Pc
Address
17330 WRIGHT ST STE 100, OMAHA, NE 68130-2157
Preparer
Eryn Stevens
Phone
4023335200
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The union has analyzed it's tax positions and has concluded that as of june 30, 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Raw XML Appendix357 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/ExpensesSubtotalAmt01061810
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03884
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt098119
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0102003
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16026
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BENEFIT FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt01052416
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE UNION HAS ANALYZED IT'S TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09711
IRS990ScheduleD/TotalExpensesPerForm990Amt01061810
IRS990ScheduleD/TotalLiabilityAmt014043
IRS990ScheduleD/TotalRevenuePerForm990Amt01052416
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01052416
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01061810
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS OF JUNE 30, 2022 THE UNION HAD 609 MEMBERS. THE CLASSES OF MEMBERS ARE: JOURNEYMEN, APPRENTICE, PRODUCTION WORKERS, CLASSIFIED WORKERS, PRE APPRENTICES, RETIREES, RESIDENTIAL WORKERS AND RESIDENTIAL APPRENTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS IN GOOD STANDING ARE ABLE TO ELECT TRUSTEES EVERY THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS CAN VOTE ON APPROVAL OF WAGE PACKAGES AND DISBURSEMENTS OF MONEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE UNION'S BUSINESS MANAGER/FINANCIAL SECRETARY REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BUSINESS MANAGER'S WAGES ARE SET FORTH IN THE BYLAWS AND ARE DETERMINED USING THE UNION'S CONTEMPORANEOUS WAGE RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BUSINESS REPRESENTATIVE AND ORGANIZER'S WAGES ARE SET FORTH IN THE BYLAWS AND ARE DETERMINED USING THE UNION'S CONTEMPORANEOUS WAGE RATES. OTHER EMPLOYEE WAGES ARE DETERMINED BY THE BUSINESS MANAGER AND ARE DETERMINED USING THE UNION'S CONTEMPORANEOUS WAGE RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE UNION'S ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01039755
IRS990/TotalAssetsEOYAmt01038065
IRS990/TotalAssetsGrp/BOYAmt01039755
IRS990/TotalAssetsGrp/EOYAmt01038065
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt070816
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01061810
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06339
IRS990/TotalLiabilitiesEOYAmt014043
IRS990/TotalLiabilitiesGrp/BOYAmt06339
IRS990/TotalLiabilitiesGrp/EOYAmt014043
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01033416
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01024022
IRS990/TotalOtherCompensationAmt0123821
IRS990/TotalProgramServiceRevenueAmt0948714
IRS990/TotalReportableCompFromOrgAmt0179172
IRS990/TotalRevenueGrp/ExclusionAmt02025
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0979575
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01052416
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01039755
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01038065
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04534 NW 6TH DRIVE
IRS990/USAddress/CityNm0DES MOINES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050313
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW BREDESON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUSINESS MGR/FIN SEC
ReturnHeader/BusinessOfficerGrp/PhoneNum05152627421
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHEET METAL WORKERS INT'L
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0UNION NO 45
ReturnHeader/Filer/BusinessNameControlTxt0SHEE
ReturnHeader/Filer/EIN0420519613
ReturnHeader/Filer/PhoneNum05152627421
ReturnHeader/Filer/USAddress/AddressLine1Txt04534 NW 6TH DRIVE
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050313
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470836395
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEBOER & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017330 WRIGHT ST STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OMAHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0681302157
ReturnHeader/PreparerPersonGrp/PhoneNum04023335200
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERYN STEVENS
ReturnHeader/ReturnTs02022-09-01T12:51:46-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BREDESON
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.01$1.47$1.26$1.19$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.41$0.01$1.40$1.36$1.14$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$1.23$1.08$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.02$1.05$1.06$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$1.02$1.06$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.94$0.96$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.95$1.06$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$1.01$0.96$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.15$0.93$0.93$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.84$0.92$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.22$0.88$0.73$0.15
2014Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$0.94$0.84$0.10
2013Summary only. Only limited summary data is available for this year.$0.99$0.01$0.98$0.77$0.78$0.01
2012Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$0.77$0.71$0.05