Nonprofit · EIN 05-0271216
TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN
Tax-exempt · PROVIDENCE, RI 02907
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $76,394,551 | $72,683,881 | $3,710,670 | $174,785,891 | $403,004 | $174,382,887 |
| June 30, 2024 | 990 | $75,475,053 | $63,850,826 | $11,624,227 | $160,982,854 | $359,900 | $160,622,954 |
| June 30, 2023 | 990 | $73,753,121 | $62,282,586 | $11,470,535 | $141,446,820 | $379,869 | $141,066,951 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $71,663,836
- Investment income
- $4,689,338
- Net gain from sales of assets
- $228,717
- Other revenue
- $41,377
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $70,781,909
- Other salaries and wages
- $473,169
- Salaries, compensation and benefits (total)
- $832,598
- Professional fundraising fees
- $0
- Legal fees
- $167,371
- Accounting fees
- $59,399
- Occupancy
- $138,897
- Depreciation
- $31,365
Balance sheet and other
- Total assets, start of year
- $160,982,854
- Total assets, end of year
- $174,785,891
- Total liabilities, end of year
- $403,004
- Net assets, end of year
- $174,382,887
- Land, buildings and equipment
- $165,354
- Publicly traded securities
- $154,428,317
- Gross receipts
- $96,165,834
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1954
- State of legal domicile
- RI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW G TAIBI | UNION TRUSTEE/CO-CHAIRMAN Trustee or director | 2 | $0 | $144,112 | $68,377 |
| PAUL J SANTOS | UNION TRUSTEE Trustee or director | 2 | $0 | $138,011 | $68,377 |
| TAMMY BEAUDREAULT | FUND ADMINISTRATOR Highest-paid employee | 40 | $126,199 | $0 | $74,423 |
| STEVEN FREDETTE | UNION TRUSTEE Trustee or director | 2 | $0 | $129,887 | $68,377 |
| MATTHEW A MAINI | UNION TRUSTEE (P) Trustee or director | 2 | $0 | $57,418 | $45,993 |
| JEFFERY ISAACS | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FRANK PARELLA | EMPLOYER TRUSTEE/CO-CHAIRMAN Trustee or director | 2 | $0 | $0 | $0 |
| WILLIAM SCHMIEDEKNECHT | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW G TAIBI | UNION TRUSTEE/CO-CHAIRMAN Trustee or director | 2 | $0 | $140,413 | $66,893 |
| PAUL J SANTOS | UNION TRUSTEE Trustee or director | 2 | $0 | $134,738 | $66,893 |
| TAMMY BEAUDREAULT | FUND ADMINISTRATOR Highest-paid employee | 40 | $123,737 | $0 | $74,561 |
| MATTHEW A MAINI | UNION TRUSTEE Trustee or director | 2 | $0 | $128,779 | $66,893 |
| JEFFERY ISAACS | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FRANK PARELLA | EMPLOYER TRUSTEE/CO-CHAIRM Trustee or director | 2 | $0 | $0 | $0 |
| WILLIAM SCHMIEDEKNECHT | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW G TAIBI | UNION TRUSTEE/CO-CHAIRMAN Trustee or director | 2 | $0 | $133,871 | $68,677 |
| PAUL J SANTOS | UNION TRUSTEE Trustee or director | 2 | $0 | $128,065 | $68,677 |
| TAMMY BEAUDREAULT | FUND ADMINISTRATOR Highest-paid employee | 40 | $121,228 | $0 | $73,237 |
| MATTHEW A MAINI | UNION TRUSTEE Trustee or director | 2 | $122,105 | $0 | $68,677 |
| JEFFERY ISAACS | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FRANK PARELLA | EMPLOYER TRUSTEE/CO-CHAIRM Trustee or director | 2 | $0 | $0 | $0 |
| WILLIAM SCHMIEDEKNECHT | EMPLOYER TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 ELMWOOD AVE, PROVIDENCE, RI 02907-3715
- Principal officer (990 for 2024)
- MATTHEW G TAIBI, 121 BRIGHTRIDGE AVENUE, EAST PROVIDENCE, RI 02914
- Signed the 990
- MATTHEW G TAIBI, UNION TRUSTEE
- Phone
- (401) 467-3323
- Return prepared by
- NOVAK FRANCELLA LLC
Mission
THE PLAN PROVIDES MEDICAL, HOSPITALIZATION, DENTAL, VISION, HEARING, LIFE INSURANCE, WEEKLY ACCIDENT AND SICKNESS, LONG-TERM DISABILITY, INCOME TAX PREPARATION, AND PRESCRIPTION DRUG BENEFITS AS WELL AS AN EMPLOYEES' ASSISTANCE PROGRAM FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. THE PLAN ALSO PROVIDES A PROGRAM OF BENEFITS FOR ELIGIBLE RETIREES.
Program accomplishments
- THE PLAN PROVIDES MEDICAL, HOSPITALIZATION, DENTAL, VISION, HEARING, LIFE INSURANCE, WEEKLY ACCIDENT AND SICKNESS, LONG-TERM DISABILITY, INCOME TAX PREPARATION, AND PRESCRIPTION DRUG BENEFITS AS WELL AS AN EMPLOYEES' ASSISTANCE PROGRAM FOR APPROXIMATELY 3,203 MEMBERS AND THEIR DEPENDENTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0271216
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1958
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $174,785,891
- Income (IRS master file)
- $96,165,834
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $76,394,551 | $72,683,881 | $174,785,891 | XML |
| 990 | June 2024 | $75,475,053 | $63,850,826 | $160,982,854 | XML |
| 990 | June 2023 | $73,753,121 | $62,282,586 | $141,446,820 | XML |
| 990 | June 2022 | $81,275,922 | $63,956,646 | $127,742,052 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0271216).
Questions about TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN
- What is the EIN of TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN?
- The employer identification number (EIN) of TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN is 05-0271216.
- Is TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1958.
- Are donations to TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN?
- The 990 for the year ended June 30, 2025 names MATTHEW G TAIBI.
- Who are the officers and directors of TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization.
- How much revenue does TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $76,394,551, expenses of $72,683,881 and total assets of $174,785,891 at year end.
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- BROWN UNIVERSITY OF PROVIDENCE EIN 05-0258809 · last filed 990 for 2025
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- KENT COUNTY MEMORIAL HOSPITAL EIN 05-0258896 · last filed 990 for 2025
- WOMEN & INFANTS HOSPITAL OF RHODE ISLAND EIN 05-0258937 · last filed 990 for 2025
- LIFESPAN CORPORATION EIN 22-2861978 · last filed 990 for 2025
- PROVIDENCE COLLEGE EIN 05-0258932 · last filed 990 for 2025
- LIFESPAN PHYSICIAN GROUP INC EIN 05-0389801 · last filed 990 for 2025