Civic Intelligence

Sheet Metal Workers International

EIN 63-0330521 • 501(c)9 • Birmingham, AL

Profile

Provides health care benefits to plan participants and their dependents

1108 29th Street NBirmingham, AL 35234

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.02x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

60th percentile

5.4%

Higher net margin than 60% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

63rd percentile

8.6%

Faster asset growth than 63% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

51%

Faster revenue growth than 88% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,424,155

Up $428,356 (+8.6%) from 2023

Liabilities

Up

$94,267

Up $24,020 (+34%) from 2023

Net Assets

Up

$5,329,888

Up $404,336 (+8.2%) from 2023

Revenue

Up

$5,105,850

Up $1,715,934 (+51%) from 2023

Expenses

Up

$4,829,444

Up $1,498,795 (+45%) from 2023

Net Income

Up

$276,406

Up $217,139 (+366%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,921,585Liabilities 2011: $19,019Net Assets 2011: $4,902,5662011Assets 2012: $4,962,379Liabilities 2012: $27,679Net Assets 2012: $4,934,7002012Assets 2013: $5,324,326Liabilities 2013: $27,773Net Assets 2013: $5,296,5532013Assets 2014: $5,591,478Liabilities 2014: $26,416Net Assets 2014: $5,565,0622014Assets 2015: $5,482,857Liabilities 2015: $27,433Net Assets 2015: $5,455,4242015Assets 2016: $5,141,872Liabilities 2016: $34,306Net Assets 2016: $5,107,5662016Assets 2017: $4,790,721Liabilities 2017: $113,940Net Assets 2017: $4,676,7812017Assets 2018: $4,582,056Liabilities 2018: $78,400Net Assets 2018: $4,503,6562018Assets 2019: $4,817,317Liabilities 2019: $49,152Net Assets 2019: $4,768,1652019Assets 2020: $5,622,183Liabilities 2020: $368,567Net Assets 2020: $5,253,6162020Assets 2021: $4,920,379Liabilities 2021: $91,592Net Assets 2021: $4,828,7872021Assets 2022: $4,630,333Liabilities 2022: $64,886Net Assets 2022: $4,565,4472022Assets 2023: $4,995,799Liabilities 2023: $70,247Net Assets 2023: $4,925,5522023Assets 2024: $5,424,155Liabilities 2024: $94,267Net Assets 2024: $5,329,8882024

Highlighted filing

2024

Assets$5,424,155
Liabilities$94,267
Net Assets$5,329,888

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,096,312Expenses 2011: $2,246,410Net Income 2011: -$150,0982011Revenue 2012: $2,434,073Expenses 2012: $2,478,934Net Income 2012: -$44,8612012Revenue 2013: $2,062,514Expenses 2013: $1,802,634Net Income 2013: $259,8802013Revenue 2014: $2,134,873Expenses 2014: $1,893,870Net Income 2014: $241,0032014Revenue 2015: $2,065,762Expenses 2015: $1,995,433Net Income 2015: $70,3292015Revenue 2016: $2,251,066Expenses 2016: $2,475,698Net Income 2016: -$224,6322016Revenue 2017: $2,066,415Expenses 2017: $2,557,868Net Income 2017: -$491,4532017Revenue 2018: $2,464,161Expenses 2018: $2,426,112Net Income 2018: $38,0492018Revenue 2019: $2,502,011Expenses 2019: $2,473,559Net Income 2019: $28,4522019Revenue 2020: $3,243,021Expenses 2020: $2,979,965Net Income 2020: $263,0562020Revenue 2021: $3,719,537Expenses 2021: $3,834,269Net Income 2021: -$114,7322021Revenue 2022: $4,540,592Expenses 2022: $4,419,033Net Income 2022: $121,5592022Revenue 2023: $3,389,916Expenses 2023: $3,330,649Net Income 2023: $59,2672023Revenue 2024: $5,105,850Expenses 2024: $4,829,444Net Income 2024: $276,4062024

Highlighted filing

2024

Revenue$5,105,850
Expenses$4,829,444
Net Income$276,406

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$0.09$5.33$5.11$4.83$0.28
2023Detailed filing. Detailed filing data is available for this year.$5.00$0.07$4.93$3.39$3.33$0.06
2022Detailed filing. Detailed filing data is available for this year.$4.63$0.06$4.57$4.54$4.42$0.12
2021Detailed filing. Detailed filing data is available for this year.$4.92$0.09$4.83$3.72$3.83$0.11
2020Detailed filing. Detailed filing data is available for this year.$5.62$0.37$5.25$3.24$2.98$0.26
2019Detailed filing. Detailed filing data is available for this year.$4.82$0.05$4.77$2.50$2.47$0.03
2018Detailed filing. Detailed filing data is available for this year.$4.58$0.08$4.50$2.46$2.43$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.79$0.11$4.68$2.07$2.56$0.49
2016Detailed filing. Detailed filing data is available for this year.$5.14$0.03$5.11$2.25$2.48$0.22
2015Detailed filing. Detailed filing data is available for this year.$5.48$0.03$5.46$2.07$2.00$0.07
2014Detailed filing. Detailed filing data is available for this year.$5.59$0.03$5.57$2.13$1.89$0.24
2013Detailed filing. Detailed filing data is available for this year.$5.32$0.03$5.30$2.06$1.80$0.26
2012Summary only. Only limited summary data is available for this year.$4.96$0.03$4.93$2.43$2.48$0.04
2011Summary only. Only limited summary data is available for this year.$4.92$0.02$4.90$2.10$2.25$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$7,049,073
Mission and Program Overview

Mission

Provides health care benefits to plan participants and their dependents

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$4,925,552$5,329,888▲ $404,336
Investments in Publicly Traded Securities$4,243,676$4,663,272▲ $419,596
Accounts Receivable$519,719$535,521▲ $15,802
Cash and Non-Interest-Bearing Accounts$225,463$219,485▼ $5,978
Prepaid Expenses and Deferred Charges$6,941$5,877▼ $1,064
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$4,995,799$5,424,155▲ $428,356
Liabilities
Accounts Payable and Accrued Expenses$70,247$94,267▲ $24,020
Total Liabilities$70,247$94,267▲ $24,020
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,925,552$5,329,888▲ $404,336
Total Liabilities and Net Assets / Fund Balance$4,995,799$5,424,155▲ $428,356
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,284,828
Investment Income
$158,647
Other Revenue
$662,375
Change in Net Assets
$276,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,090,052
Revenue Not Reported on Financial Statements
$15,798
Revenue Not Reported on Form 990
$127,930
Total Revenue per Audited Statements
$5,217,982
Total Revenue per Form 990
$5,105,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$445,507
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,383,937
Fees for Services Management---$76,800
Fees for Services Other---$43,881
Fees for Service Investment Mgmnt Fees---$15,798
Fees for Services Legal---$15,775
Fees for Services Accounting---$13,750
Office Expenses---$10,814
Insurance---$8,918
All Other Expenses---$4,089
Other Expenses---$2,212
Conferences and Meetings---$1,840
Total Functional Expenses$0$0$0$4,829,444

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,829,444
Expenses per Audited Statements$4,813,646
Total Expenses per Audited Statements$4,798,670
Expenses Not Reported on Financial Statements$15,798
Expenses Not Reported on Form 990$-14,976
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with the authority to act on behalf of the governing body.

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

No review was or will be conducted by the governing body. The fund administrator reviews the form 990 before filing the form 990.

Form 990, Part VI, Section C, Line 19

The fund makes its governing documents and financial statements available to the public upon request by mail or at its office in birmingham, alabama.

Filing and Contact Details

Filer

Filer Name
Sheet Metal Workers Lu No 48 Welfare
EIN
63-0330521
Phone
2053229016
Address
1108 29TH STREET N, BIRMINGHAM, AL 35234

Signing Officer

Name
Daniel Walden
Title
Trustee
Phone
2053229016
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Walden
Formed
1953
Legal Domicile
Al
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
0

Preparer

Firm
Dent Moses Llp
Address
2204 LAKESHORE DR 300, BIRMINGHAM, AL 35209
Preparer
Barry W Brown CPA
Phone
2058711880
Supplemental Narrative

Financial Statement Notes

Part XII, Line 2D - Expenses Amounts Included in Financials - Other

Benefits payable (receivable) at beginning of year $ -44,418 benefits payable (receivable) at end of year $ -59,394

Raw XML Appendix376 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.

Path#Value
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IRS990/PYTotalRevenueAmt03389916
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0276406
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt0-14976
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt015798
IRS990ScheduleD/ExpensesSubtotalAmt04813646
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt015798
IRS990ScheduleD/InvestmentExpensesNotIncldAmt015798
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0127930
IRS990ScheduleD/OtherExpensesIncludedAmt0-14976
IRS990ScheduleD/RevenueNotReportedAmt0127930
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt015798
IRS990ScheduleD/RevenueSubtotalAmt05090052
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BENEFITS PAYABLE (RECEIVABLE) AT BEGINNING OF YEAR $ -44,418 BENEFITS PAYABLE (RECEIVABLE) AT END OF YEAR $ -59,394
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - EXPENSES AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04829444
IRS990ScheduleD/TotalRevenuePerForm990Amt05105850
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05217982
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04798670
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED BY THE GOVERNING BODY. THE FUND ADMINISTRATOR REVIEWS THE FORM 990 BEFORE FILING THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST BY MAIL OR AT ITS OFFICE IN BIRMINGHAM, ALABAMA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALABAMA SHEET METAL JOINT INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630398473
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0APPRENTICE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01108 29TH STREET NORTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BIRMINGHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035234
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04995799
IRS990/TotalAssetsEOYAmt05424155
IRS990/TotalAssetsGrp/BOYAmt04995799
IRS990/TotalAssetsGrp/EOYAmt05424155
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt04829444
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt070247
IRS990/TotalLiabilitiesEOYAmt094267
IRS990/TotalLiabilitiesGrp/BOYAmt070247
IRS990/TotalLiabilitiesGrp/EOYAmt094267
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04925552
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05329888
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt04284828
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05105850
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05105850
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04995799
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05424155
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01108 29TH STEET NORTH
IRS990/USAddress/CityNm0BIRMINGHAM
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035234
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL WALDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02053229016
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHEET METAL WORKERS LU NO 48 WELFARE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PLAN
ReturnHeader/Filer/BusinessNameControlTxt0SHEE
ReturnHeader/Filer/EIN0630330521
ReturnHeader/Filer/PhoneNum02053229016
ReturnHeader/Filer/USAddress/AddressLine1Txt01108 29TH STREET N
ReturnHeader/Filer/USAddress/CityNm0BIRMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035234
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630352192
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DENT MOSES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02204 LAKESHORE DR 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035209
ReturnHeader/PreparerPersonGrp/PhoneNum02058711880
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRY W BROWN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T16:55:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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