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Filing year 2024

SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND

Indianapolis, Indiana·EIN 35-6028684·NTEE J40Z · Employment·501(c)(5)
Total revenue
$79.8M
Total assets
$174.7M
Total expenses
$65.9M
Reported officers
15
Mission

PROVIDE HEALTH BENEFITS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Employment organizations nationwide.

Fund Manager
Officer (Unspecified)
$230k
$248k
Base
$175k
Bonus
Other
Benefits
$20k
Trustee
Board Member
75th to 90th percentile
$85k
$92k
Trustee
Board Member
75th to 90th percentile
$84k
$91k
Trustee
Board Member
75th to 90th percentile
$78k
$84k
Trustee
Board Member
75th to 90th percentile
$75k
$81k
Trustee
Board Member
75th to 90th percentile
$75k
$80k
Trustee
Board Member
75th to 90th percentile
$72k
$77k
Trustee
Board Member
75th to 90th percentile
$70k
$75k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND equaled 0.3% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2024)
0.3%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,624 employment organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 122%
from 2023

From $104k in 2023 to $230k in 2024.

$104k
2023
$230k
2024
In today's dollarsEst.
Up 117% in real terms$114k to $248k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 5% from 2023 to 2024, while revenue rose 18%.

$81k in 2023 to $85k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND2024
$230k
2
MEBA VACATION PLAN - ATLANTIC GULF AND PACIFIC COASTS2023
$59k
Compare compensation across all Employment organizations
FAQ

Common questions about SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND

What does the Board Member of SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND earn?

In 2024, the Board Member of SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND received $85,237 in total compensation. This pay is in the top quarter for Board Member roles among Employment organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND compare with similar nonprofits?

Compared with the same role at Employment organizations nationwide, the 2024 pay of the Board Member at SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND falls between the 75th and 90th percentiles. In 2024, the highest total compensation at SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND equaled 0.3% of the organization's total expenses. The median for employment organizations is 7%.

What are SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND's revenue and expenses?

In 2024, SHEET METAL WORKERS LOCAL UNION NO 20 WELFARE AND BENEFIT FUND reported $79.8M in total revenue and $65.9M in total expenses on its IRS Form 990.

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