WICHITA, KS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SHEET METAL WORKERS UNION LOCAL 29 DISABILITY FUND, founded in 1970, is a small nonprofit in the Mutual Benefit sector that reported $180K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $115K, a strong 64% operating margin.
TO PROVIDE DISABILITY BENEFITS, LIFE, ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE, AND RETIREE HEALTH BENEFITS FOR MEMBERS AND RETIREES.
THE PLAN WAS FORMED BY AN AGREEMENT BETWEEN THE ASSOCIATION OF MECHANICAL & SHEET METAL CONTRACTORS OF KANSAS AND LOCAL UNION 29 OF WICHITA, KS. THE PLAN COVERS ALL MEMBERS OF THE UNION EMPLOYED...
THE PLAN WAS FORMED BY AN AGREEMENT BETWEEN THE ASSOCIATION OF MECHANICAL & SHEET METAL CONTRACTORS OF KANSAS AND LOCAL UNION 29 OF WICHITA, KS. THE PLAN COVERS ALL MEMBERS OF THE UNION EMPLOYED UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT WITH THE MEMBERS OF THE CONTRACTORS' ASSOCIATION. THE PLAN IS SUBJECT TO THE PROVISIONS OF ERISA AS AMENDED. THE PURPOSE OF THE PLAN IS TO PROVIDE DISABILITY, LIFE, ACCIDENTAL DEATH & DISMEMBERSMENT INSURANCE, AND RETIREE HEALTH INSURANCE BENEFITS FOR MEMBERS AND RETIREES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $179,678 | $147,989 | +0.2% |
| Expenses | $64,894 | $64,384 | +0.0% |
| Net Income | $114,784 | $83,605 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEFF TOWNSEND | CHAIRMAN | 1.00 |
Director
|
$0 | $55,708 | $144,232 |
| MIKE PORCH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE SAMIA | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW SCHRADER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $179,678 | $64,894 | $978,838 | $114,784 |
| 2024 | $147,989 | $64,384 | $876,731 | $83,605 |
| 2023 | $134,785 | $84,226 | $739,252 | $50,559 |
| 2022 | $142,671 | $88,418 | $702,894 | $54,253 |
| 2021 | $140,173 | $98,714 | $722,773 | $41,459 |
| 2020 | $126,668 | $92,311 | $620,462 | $34,357 |
| 2019 | $133,125 | $84,463 | $601,129 | $48,662 |
Compare SHEET METAL WORKERS UNION LOCAL 29 DISABILITY FUND with other nonprofits in Kansas and across the country.