Mission
THE PLAN PROVIDES HEALTH BENEFITS (HOSPITAL, SURGICAL, MAJOR MEDICAL, RX, SHORT-TERM DISABILITY AND VISION CARE) FOR PARTICIPANTS AND THEIR DEPENDENTS
Based in SCHAUMBURG, IL, SHEET METAL WORKERS LOCAL UNION NO 1 WELFARE TRUST FUND operates as a Public Charity. The organization reported $9.3M in revenue, $9.7M in expenses, $15.1M in total assets for fiscal year 2025.
THE PLAN PROVIDES HEALTH BENEFITS (HOSPITAL, SURGICAL, MAJOR MEDICAL, RX, SHORT-TERM DISABILITY AND VISION CARE) FOR PARTICIPANTS AND THEIR DEPENDENTS
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $9.3M | $9.7M | $15.1M |
| 2024 | $9.0M | $8.4M | $14.9M |
| 2023 | $8.0M | $8.1M | $15.2M |
| 2021 | $7.6M | $7.6M | $16.6M |
| 2020 | $7.1M | $6.7M | $15.1M |
Between 2020 and 2025, reported annual revenue grew from $7.1M to $9.3M (+32%), with total assets most recently reported at $15.1M.
Interactive year-over-year charts and full filing details available with membership.