Nonprofit · EIN 11-2602554
LOCAL 817 I B T SCHOLARSHIP TRAINING FUND
Tax-exempt · GREAT NECK, NY 11021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,133,743 | $3,600,741 | $4,533,002 | $63,396,971 | $59,108 | $63,337,863 |
| December 31, 2023 | 990 | $4,161,097 | $3,508,534 | $652,563 | $50,000,709 | $89,125 | $49,911,584 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,939,116
- Investment income
- $2,185,854
- Net gain from sales of assets
- $2,014,205
- Other revenue
- $8,773
Expenses
- Grants and similar amounts paid
- $3,100,833
- Compensation of officers, directors and key employees
- $21,867
- Other salaries and wages
- $18,619
- Salaries, compensation and benefits (total)
- $296,206
- Professional fundraising fees
- $0
- Legal fees
- $7,267
- Accounting fees
- $14,150
- Occupancy
- $18,038
- Travel
- $196
- Depreciation
- $1,912
Balance sheet and other
- Total assets, start of year
- $50,000,709
- Total assets, end of year
- $63,396,971
- Total liabilities, end of year
- $59,108
- Net assets, end of year
- $63,337,863
- Land, buildings and equipment
- $15,780
- Publicly traded securities
- $60,579,590
- Gross receipts
- $16,736,495
- Employees
- 97
- Volunteers
- 0
- Year formed
- 1965
- State of legal domicile
- NY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS J O'DONNELL | TRUSTEE Trustee or director | 1 | $0 | $322,990 | $133,413 |
| FRANCIS J CONNOLLY JR | TRUSTEE Trustee or director | 1 | $0 | $298,158 | $117,572 |
| KATHLEEN KREINBIHL | FUND ADMINISTRATOR Key employee | 2 | $21,867 | $256,339 | $91,808 |
| BRIAN SALOMONE | TRUSTEE Trustee or director | 1 | $0 | $240,196 | $94,343 |
| CHRISTOPHER O'DONNELL | ASSOCIATE FUND ADMINISTRAT Highest-paid employee | 1 | $0 | $145,151 | $47,900 |
| ALLAN KRAHIEH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREGG CARLESIMO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS J O'DONNELL | TRUSTEE Trustee or director | 1 | $0 | $312,325 | $121,759 |
| FRANCIS J CONNOLLY JR | TRUSTEE Trustee or director | 1 | $0 | $288,073 | $112,370 |
| KATHLEEN KREINBIHL | FUND ADMINISTRATOR Key employee | 2 | $24,120 | $245,983 | $89,134 |
| BRIAN SALOMONE | TRUSTEE Trustee or director | 1 | $0 | $231,637 | $90,867 |
| CHRISTOPHER O'DONNELL | ASSOCIATE FUND ADMINISTRAT Highest-paid employee | 1 | $4,030 | $136,893 | $46,505 |
| ALLAN KRAHIEH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREGG CARLESIMO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 817 OLD CUTTERMILL RD, GREAT NECK, NY 11021-2924
- In care of
- % ANTHONY J DAPOLITI
- Principal officer (990 for 2024)
- THOMAS J O'DONNELL, 817 OLD CUTTERMILL ROAD, GREAT NECK, NY 11021
- Signed the 990
- THOMAS J O'DONNELL, TRUSTEE
- Phone
- (516) 365-3470
- Return prepared by
- MSPC CPAS & ADVISORS PC
Mission
TO PROVIDE SCHOLARSHIP BENEFITS TO ELIGIBLE DEPENDENTS AND MEMBERS OF INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 817.
Program accomplishments
- THE SCHOLARSHIP FUND PROVIDES SCHOLARSHIP BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS. THERE WERE 539 PARTICIPANTS AT DECEMBER 31, 2024. TOTAL SCHOLARSHIP PAYMENTS FOR 2024 WERE $3,100,833.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-2602554
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $63,396,971
- Income (IRS master file)
- $16,736,495
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,133,743 | $3,600,741 | $63,396,971 | IRS |
| 990 | December 2023 | $4,161,097 | $3,508,534 | $50,000,709 | XML |
| 990 | December 2022 | $8,981,637 | $3,327,747 | $43,972,084 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 11-2602554).
Questions about LOCAL 817 I B T SCHOLARSHIP TRAINING FUND
- What is the EIN of LOCAL 817 I B T SCHOLARSHIP TRAINING FUND?
- The employer identification number (EIN) of LOCAL 817 I B T SCHOLARSHIP TRAINING FUND is 11-2602554.
- Is LOCAL 817 I B T SCHOLARSHIP TRAINING FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1980.
- Are donations to LOCAL 817 I B T SCHOLARSHIP TRAINING FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL 817 I B T SCHOLARSHIP TRAINING FUND 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 LOCAL 817 I B T SCHOLARSHIP TRAINING FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL 817 I B T SCHOLARSHIP TRAINING FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOCAL 817 I B T SCHOLARSHIP TRAINING FUND?
- The 990 for the year ended December 31, 2024 names THOMAS J O'DONNELL.
- Who are the officers and directors of LOCAL 817 I B T SCHOLARSHIP TRAINING FUND?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization.
- How much revenue does LOCAL 817 I B T SCHOLARSHIP TRAINING FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,133,743, expenses of $3,600,741 and total assets of $63,396,971 at year end.
Other nonprofits in GREAT NECK
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- THEATRICAL TEAMSTERS LOCAL 817 WELFARE FUND EIN 13-6210566 · last filed 990 for 2024
- NORTH SHORE HEBREW ACADEMY EIN 11-2200920 · last filed 990 for 2025
- NORTH SHORE HEBREW ACADEMY HIGH SCHOOL EIN 11-3561811 · last filed 990 for 2025
- GREAT NECK LIBRARY EIN 11-1855653 · last filed 990 for 2025
- BUTLER CONSERVATION FUND INC EIN 04-3032409 · last filed 990-PF for 2024
- CHERNOW FUND INC EIN 13-6127968 · last filed 990-PF for 2025
- INTERNATIONAL BROTHERHOOD OF TEAMSTERS EIN 13-0871961 · last filed 990 for 2024