EIN 41-1998303

New Horizons Foundation - A Sheet Metal Industry Initiative

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2001
Most recent tax filings
2023-12-01
NTEE code, primary
Description
New Horizons Foundation - A Sheet Metal Industry Initiative aims to provide research that gives HVAC and sheet metal contractors a competitive edge. It manages the risks of today's projects by addressing compressed schedules and early cost certainty. The foundation also conducts the 2023 HVAC and Sheet Metal Industry Futures Study update to identify potential future industry states and communicate this research to its members. The foundation is located in Chantilly, VA.
Related structure
New Horizons Foundation - A Sheet Metal Industry Initiative is a subordinate organization under Sheet Metal and Air Conditioning Contractors' National Association / Smacna.
Total revenues
$455,931
2023
Total expenses
$278,270
2023
Total assets
$5,400,204
2023
Num. employees
0
2023

Program areas at New Horizons Foundation - A Sheet Metal Industry Initiative

Performance measurement - A guide to developing your measures of success - the purpose of adopting performance measures and improvement efforts is to allow leadership to "see" work they are not directly engaged in running. Whether they are called key performance measures, indicators, or other terms, effective measures to track performance enable improvement initiatives, early warning of problems, resource optimization, and data driven decision making. This project will produce A guide to support Sheet Metal and hvac contractors in organizing their performance measurement system. The project has been awarded to penn state with completion and publication of the guide by year end 2024.
A series of 7 podcasts between A smacna contractor and A customer - the Foundation has commissioned eric anderton to facilitate A series of seven podcasts between A smacna contractor and customer examining how successful partnerships through strategic alignment facilitates communications, problem solving, overcoming potential conflicts and enhances work development. Four of the seven podcasts have been released to members and the final three will be completed by the end of the third quarter 2024.
Workforce development best practices identification, communication and training - this multi-year project seeks to identify successful strategies used to hire, develop and retain employees in Sheet Metal, hvac, and mechanical construction companies. In the first phase of this project, which was initiated in december 2022, the New Horizons Foundation investigated and reported on the following current issues in workforce development. 1. Investigated what young workers want and need in their careers. 2. Explored characteristics unique to the next generation of workers. 3. Examined what the younger generation expects from their jobs. 4. Assessed diversity, equity, and inclusion practices in local areas. The nhf identified, met with and profiled 28 workforce development organizations (wdos) to understand their objectives, content, delivery methods, history and results, especially as they impact the above issues. In the current second phase of this project, the Foundation is highlighting the top 25% of wdos through facilitated podcasts. Two of the seven recordings have been completed and are being edited for release in july. The remaining five podcasts are scheduled for completion by the 3rd quarter 2024. These wdos focus on bringing under-represented groups (women and minorities) into building trades and their successes (and struggles) are featured in the podcasts. A third project phase is underway with the following objectives identified. 1. Curate the captured wdos content into concise infographics. 2. Focus on leadership development for trade and non-trade hires and produce short videos to showcase successful practices (mentoring, shadowing, and onboarding). 3. Develop A roadmap/template for implementation by contractors and local associations (smacna chapters). 4. Continue Industry presentations on project findings and continue to expand successful wdo contacts and relationships. 5. Develop A wdo media site on the nhf website and continue work to improve the search engine presence and functionality of the nhf website, particularly as it relates to workforce development issues and interests.
Vdc engineering study - this joint project with the gentille and electri foundations and the university of Washington has the following objectives:1. Develop metrics to support the estimation of vdc engineering for mep trades2. Benchmark current vdc engineering practices and performance, and,3. Develop metrics to evaluate the efficiencies and effectiveness of virtual design and coordination.this project originally contemplated performance of time studies of vdc processes. However, A lack of volunteer participation from the three affiliated associations has resulted in revisiting the data collection process. The three foundations are presently awaiting A revised proposal from the university. The New Horizons Foundation is evaluating its continued participation in the project.

Who funds New Horizons Foundation - A Sheet Metal Industry Initiative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$80,000
SMACNA Greater ChicagoIndustry Promotion$10,000

Personnel at New Horizons Foundation - A Sheet Metal Industry Initiative

NameTitleCompensation
Thomas J SolesExecutive Director$0
Guy GastChairman$0
Angela SimonVice Chair$0
Guy GusChairman$0
Dennis BradshawPast Executive Director$0

Financials for New Horizons Foundation - A Sheet Metal Industry Initiative

RevenuesFYE 12/2023
Total grants, contributions, etc.$327,474
Program services$1,456
Investment income and dividends$139,763
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-12,762
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$455,931

Form 990s for New Horizons Foundation - A Sheet Metal Industry Initiative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-05990View PDF
2022-122023-05-09990View PDF
2021-122022-09-06990View PDF
2020-122021-05-28990View PDF
2019-122020-10-16990View PDF
...and 10 more Form 990s
Data update history
October 23, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $80,000 from American Online Giving Foundation
July 24, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 1 new grant, including a grant for $3,000 from Enterprise Holdings Foundation
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Trade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationBusiness and industry
Characteristics
Management and technical assistanceCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 222784
Chantilly, VA 20153
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Fairfax County, VA
Website URL
newhorizonsfoundation.org/ 
Phone
(703) 803-2980
IRS details
EIN
41-1998303
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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