SHEET METAL INDUSTRY PROMOTION PLAN

EIN: 340877240

PARMA, OH

Total Revenue
$486,731
Total Expenses
$503,309
Total Assets
$504,429
Net Assets
$504,429
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
OH
Principal Officer
MICHAEL STEIDEL
Phone
4408773500
Tax Period
2024-05-01 to 2025-04-30

SHEET METAL INDUSTRY PROMOTION PLAN, founded in 1961, is a small nonprofit that reported $487K in total revenue in fiscal year 2024.

Mission

MAINTAIN A SHEET METAL INDUSTRY TRADE ASSOCIATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $449,653
Investment Income $19,917
Other Revenue $17,161
TOTAL REVENUE $486,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $503,309
TOTAL EXPENSES $503,309

Year-over-Year Comparison

2024 2023 Change
Revenue $486,731 $452,767 +0.1%
Expenses $503,309 $414,764 +0.2%
Net Income $-16,578 $38,003 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL STEIDEL CHAIRMAN 5.00
Officer Director
$0 $0 $0
DON SKALA TRUSTEE 1.00
Director
$0 $0 $0
CRAIG BERMAN TRUSTEE 1.00
Director
$0 $0 $0
JOHN SICKLE JR TRUSTEE 1.00
Director
$0 $0 $0
THOMAS MARTIN TRUSTEE 1.00
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 $486,731 $503,309 $504,429 $-16,578
2024 $452,767 $414,764 $521,007 $38,003
2023 $417,018 $401,468 $483,004 $15,550
2022 $315,662 $407,511 $467,454 $-91,849
2021 $398,571 $247,250 $559,303 $151,321
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SHEET METAL INDUSTRY PROMOTION PLAN with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.