SHEET METAL WORKERS BLDG LOCAL 24

EIN: 311228205

DAYTON, OH

Total Revenue
$360,696
Total Expenses
$236,934
Total Assets
$5,518,027
Net Assets
$3,349,723
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OH
Principal Officer
JEFFREY HUNLEY
Phone
9372779303
Tax Period
2025-01-01 to 2025-12-31

SHEET METAL WORKERS BLDG LOCAL 24, founded in 1987, is a small nonprofit that reported $361K in total revenue in fiscal year 2025. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $124K, a strong 34% operating margin.

Mission

TO INVEST IN REAL ESTATE AND PERSONAL PROPERTY TO BE USED BY THE INTERNATIONAL ASSOCIATION OF SHEET METAL, AIR, RAIL AND TRANSPORTATION WORKERS LOCAL NO. 24 AND OTHER ASSOCIATED LABOR ORGANIZATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $671,909
Investment Income $0
Other Revenue $-311,213
TOTAL REVENUE $360,696

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $236,934
TOTAL EXPENSES $236,934

Year-over-Year Comparison

2025 2024 Change
Revenue $360,696 $531,315 -0.3%
Expenses $236,934 $227,820 +0.0%
Net Income $123,762 $303,495 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$548
Total Directors
20
$1,688,356
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY HUNLEY FINANCIAL SE 0.00
Director
$0 $81,067 $193,986
JEFFREY ROWE BUSINESS AGE 0.00
Director
$0 $74,308 $175,350
JOSH WILLIAMS BUSINESS AGE 0.00
Director
$0 $74,213 $174,695
SCOTT HILL BUSINESS AGE 0.00
Director
$0 $73,452 $169,456
NICK COLLINI BUSINESS AGE 0.00
Director
$0 $66,856 $159,184
JEFFREY M MUELLER BUSINESS AGE 0.00
Director
$0 $66,725 $158,283
BRAWNY WELCH BUSINESS AGE 0.00
Director
$0 $68,319 $157,121
DEAN LACEY BUSINESS AGE 0.00
Director
$0 $68,009 $154,985
WILLIAM LOCKHART BUSINESS AGE 0.00
Director
$0 $49,508 $149,420
RONNIE SHOEMAKER BUSINESS AGE 0.00
Director
$0 $61,568 $143,804
JEDIDIAH DAVIS BUSINESS AGE 0.00
Director
$0 $21,903 $49,347
COLE CHANEY BUSINESS AGE 0.00
$0 $16,462 $37,562
RODNEY A FRENCH FINANCIAL SE 0.00
$0 $14,227 $36,164
JERRY TAYLOR EXECUTIVE BO 0.00
Director
$0 $0 $957
MICHAEL COLE EXECUTIVE BO 0.00
Director
$0 $0 $329
TJ PAIGE TRUSTEE 0.00
Director
$0 $0 $329
TREVOR SUTERMASTER PRESIDENT 0.00
Director
$0 $0 $329
SAMUEL BLAKELEY EXECUTIVE BO 0.00
Director
$0 $0 $305
EUGENE RECTOR TRUSTEE 0.00
Director
$0 $0 $301
DAVID RITCHIE VICE PRESIDE 0.00
Officer
$0 $0 $301
TODD HEDRICK RECORDING SE 0.00
Officer
$0 $0 $247
RICHARD BAILEY EXECUTIVE BO 0.00
Director
$0 $0 $175
ROBERT CAMPBELL TRUSTEE 0.00
Director
$0 $0 $0
JOSHUA DANIELS TRUSTEE 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $360,696 $236,934 $5,518,027 $123,762
2024 $531,315 $227,820 $5,552,632 $303,495
2023 $1,067,973 $158,647 $5,407,280 $909,326
2022 $577,596 No data $2,491,136 No data
2021 $29,802 No data $2,422,422 No data
2020 $409,927 No data $2,365,391 No data
2019 $1,126,382 No data $1,899,658 No data
2018 $129,491 No data $613,046 No data
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