Civic Intelligence

Sheet Metal Workers Local 58

EIN 82-5281699 • 501(c)2 • East Syracuse, NY

Profile

Ownership of building for rental by union and related benefit funds to provide office space for employees and classroom and meeting space for members.

6801 Crossbow DriveEast Syracuse, NY 13057

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.80x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

4.53x

Higher debt load relative to revenue than 97% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$168,183

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 107.5% of source-year revenue.

NTEE S • $500k-$1M nonprofits • Source year 2024

Asset Growth

41st percentile

0.3%

Faster asset growth than 41% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

2.9%

Faster revenue growth than 45% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$883,385

Up $2,370 (+0.3%) from 2023

Liabilities

Down

$708,411

Down $56,532 (-7.4%) from 2023

Net Assets

Up

$174,974

Up $58,902 (+51%) from 2023

Revenue

Up

$156,493

Up $4,369 (+2.9%) from 2023

Expenses

Up

$97,591

Up $3,421 (+3.6%) from 2023

Net Income

Up

$58,902

Up $948 (+1.6%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2019: $889,846Liabilities 2019: $937,948Net Assets 2019: -$48,1022019Assets 2020: $895,949Liabilities 2020: $925,634Net Assets 2020: -$29,6852020Assets 2021: $881,934Liabilities 2021: $874,793Net Assets 2021: $7,1412021Assets 2022: $878,529Liabilities 2022: $820,411Net Assets 2022: $58,1182022Assets 2023: $881,015Liabilities 2023: $764,943Net Assets 2023: $116,0722023Assets 2024: $883,385Liabilities 2024: $708,411Net Assets 2024: $174,9742024

Highlighted filing

2024

Assets$883,385
Liabilities$708,411
Net Assets$174,974

Operations Trend

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

$200K$100K$0-$100KRevenue 2019: $8,215Expenses 2019: $56,317Net Income 2019: -$48,1022019Revenue 2020: $121,621Expenses 2020: $103,204Net Income 2020: $18,4172020Revenue 2021: $133,052Expenses 2021: $96,226Net Income 2021: $36,8262021Revenue 2022: $147,688Expenses 2022: $96,711Net Income 2022: $50,9772022Revenue 2023: $152,124Expenses 2023: $94,170Net Income 2023: $57,9542023Revenue 2024: $156,493Expenses 2024: $97,591Net Income 2024: $58,9022024

Highlighted filing

2024

Revenue$156,493
Expenses$97,591
Net Income$58,902

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 6, 2025
Return Version
2024v5.1
Gross Receipts
$156,493
Mission and Program Overview

Mission

Ownership of building for rental by union and related benefit funds to provide office space for employees and classroom and meeting space for members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$830,100$804,884▼ $25,216
Rtn Earn Endowment Incm Other Fnds$116,072$174,974▲ $58,902
Cash and Non-Interest-Bearing Accounts$50,915$78,501▲ $27,586
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$881,015$883,385▲ $2,370
Liabilities
Mortgage Notes Payable Secured by Investment Property$589,089$562,557▼ $26,532
Other Liabilities$175,854$145,854▼ $30,000
Total Liabilities$764,943$708,411▼ $56,532
Net Assets / Fund Balance
Total Net Assets Fund Balance$116,072$174,974▲ $58,902
Total Liabilities and Net Assets / Fund Balance$881,015$883,385▲ $2,370

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$764,487$125,513$890,000
Leasehold Improvements$40,397$7,528$47,925
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kevin CrossettDirector$3,896$3,896
Michael DiberardinoDirector$1,555$1,555
Charles SoulierDirector$629$629
Edward Greean JrDirector$629$629
Richard KorteDirector$629$629
Christopher ScottDirector$602$602
Craig AveryDirector$602$602
Mark LiquoriDirector$595$595
Jason FoilDirector$583$583

Board Members and Trustees

NameTitle
David RenshawDirector
Jeffrey FosterDirector
Mark BuzaDirector
Michael MoranDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$156,493
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$58,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,591
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
Other Expenses$7,237$65,137-$72,374
Depreciation Depletion$2,522$22,695-$25,217
Total Functional Expenses$9,759$87,832$0$97,591
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 Local 58 Union$145,854
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 B, Line 11B

Form 990 is provided for review to members of the governing board before filing

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

ANNUAL DISCLOSURES

Form 990, Part VI, Section C, Line 19

All items are available upon request at the fund office.

Filing and Contact Details

Filer

Filer Name
Sheet Metal Workers Local 58
EIN
82-5281699
Phone
3154724411
Address
6801 CROSSBOW DRIVE, EAST SYRACUSE, NY 13057

Signing Officer

Name
Michael P Moran
Title
Business Manager
Phone
3154724411
Signed
2025-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael P Moran
Formed
2018
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
D'ARCANGELO & CO LLP
Address
120 LOMOND COURT, UTICA, NY 13502-5950
Preparer
Courtney Pearsall CPA
Phone
3157355216
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Building corporation owes the union for advances used to purchase and make renovations to the new building. The building corporation also has a mortgage payable due to m&t bank for building located at 6801 crossbow drive in east syracuse, new york.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt048067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt147701
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt247700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08878
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18878
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt28878
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL MORAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARK BUZA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JEFFREY FOSTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0168183
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1165438
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2165431
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED FOR REVIEW TO MEMBERS OF THE GOVERNING BOARD BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL DISCLOSURES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ITEMS ARE AVAILABLE UPON REQUEST AT THE FUND OFFICE.
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 C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SHEET METAL WORKERS INTERNATIONAL ASSOCIATION LOCAL 58
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SMW LOCAL 58 WELFARE FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SMW LOCAL 58 EDUCATION & APPRENTICESHIP FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3SMW LOCAL 58 RETIREMENT FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0150445280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1150564137
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2166105880
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3161188938
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 (C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501 (C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501 (A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ORGANIZE WORKERS TO RECEIVE IMPROVED WAGES, HOURS AND WORKING CONDITIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDES HEALTH BENEFITS TO MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROVIDES TRAINING AND EDUCATION TO MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3PROVIDES RETIREMENT BENEFITS TO MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06801 CROSSBOW DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt16801 CROSSBOW DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt26801 CROSSBOW DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt36801 CROSSBOW DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0EAST SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1EAST SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2EAST SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3EAST SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd013057
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd113057
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd213057
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd313057
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0145854
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt123280
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt22316
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt387084
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt42388
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0GENERAL LEDGER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1GENERAL LEDGER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2GENERAL LEDGER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3GENERAL LEDGER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4GENERAL LEDGER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SHEET METAL WORKERS INTERNATIONAL ASSOCIATION LOCAL 58
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SHEET METAL WORKERS INTERNATIONAL ASSOCIATION LOCAL 58
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2SMW LOCAL 58 WELFARE FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3SMW LOCAL 58 EDUCATION & APPRENTICESHIP FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4SMW LOCAL 58 RETIREMENT FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt4J

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