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Filing year 2023

SHEET METAL WORKERS LOCAL NO 80 INSURANCE TRUST

Troy, Michigan·EIN 23-7165969·9
Total revenue
$26M
Total assets
$30.2M
Total expenses
$26.1M
Reported officers
4
Mission

To provide health and welfare benefits to eligible plan participants, and their dependents.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

Trustee
board member
$227k
$246k
Base
$162k
Bonus
Other
Benefits
Chairman
board chair
$209k
$227k
Base
$156k
Bonus
Other
Benefits
Trustee
board member
$192k
$209k
Base
$145k
Bonus
Other
Benefits
Trustee
board member
$100k
$109k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Top compensation, year by year

From $54k in 2021 to $227k in 2023.

$54k
2021
$70k
2022
$227k
2023
In today's dollarsEst.
Up 264% in real terms$68k to $246k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SHEET METAL WORKERS LOCAL NO 80 INSURANCE TRUST reported revenue and expenses across 3 filing years.

RevenueExpenses
$21.8M
$19.4M
2021
$20.7M
$23.5M
2022
$26M
$26.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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