Skip to main content

Nonprofit · EIN 11-3310062

BUILDING TRADES WELFARE BENEFIT FUND

Tax-exempt · GARDEN CITY, NY 11530

Financials

$22.2M$22.3M2023$28M$24.3M2024
Revenue Expenses · by fiscal year end
Financials of BUILDING TRADES WELFARE BENEFIT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$28,043,352$24,277,471$3,765,881$25,312,902$5,681,148$19,631,754
December 31, 2023990$22,184,610$22,265,849-$81,239$19,763,174$4,402,097$15,361,077
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$27,116,114
Investment income
$927,238
Net gain from sales of assets
$577,926
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$23,504,370
Compensation of officers, directors and key employees
$100,961
Salaries, compensation and benefits (total)
$100,961
Professional fundraising fees
$0
Legal fees
$211,731
Accounting fees
$76,750

Balance sheet and other

Total assets, start of year
$19,763,174
Total assets, end of year
$25,312,902
Total liabilities, end of year
$5,681,148
Net assets, end of year
$19,631,754
Publicly traded securities
$14,190,881
Gross receipts
$33,302,388
Employees
0
Volunteers
0
Year formed
1996
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.

NameTitleHours / weekCompensationFrom related orgs
ERIC OLYNIKTRUSTEE
Trustee or director
13$50,481$106,570
FRANK RAPPOTRUSTEE
Trustee or director
13$50,481$106,570
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensationFrom related orgs
ERIC OLYNIKTRUSTEE
Trustee or director
13$48,915$103,265
FRANK RAPPOTRUSTEE
Trustee or director
13$48,915$103,265

Address and contacts

Address (IRS master file)
585 STEWART AVE STE 330, GARDEN CITY, NY 11530-4701
In care of
% DICKINSON WEBBER CO INC
Principal officer (990 for 2024)
ERIC OLYNIK, 585 STEWART AVENUE 330, GARDEN CITY, NY 11530
Signed the 990
ERIC OLYNIK, TRUSTEE
Phone
(516) 833-9300
Return prepared by
CALIBRE CPA GROUP PLLC

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE 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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3310062
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,312,902
Income (IRS master file)
$33,302,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$28,043,352$24,277,471$25,312,902XML
990December 2023$22,184,610$22,265,849$19,763,174XML
990December 2022$21,874,913$26,153,659$18,741,317IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 11-3310062).

Questions about BUILDING TRADES WELFARE BENEFIT FUND

What is the EIN of BUILDING TRADES WELFARE BENEFIT FUND?
The employer identification number (EIN) of BUILDING TRADES WELFARE BENEFIT FUND is 11-3310062.
Is BUILDING TRADES WELFARE BENEFIT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1997.
Are donations to BUILDING TRADES WELFARE BENEFIT FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BUILDING TRADES WELFARE BENEFIT 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 BUILDING TRADES WELFARE BENEFIT 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 BUILDING TRADES WELFARE BENEFIT 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 BUILDING TRADES WELFARE BENEFIT FUND?
The 990 for the year ended December 31, 2024 names ERIC OLYNIK.
Who are the officers and directors of BUILDING TRADES WELFARE BENEFIT FUND?
The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $50,481 (ERIC OLYNIK, TRUSTEE).
How much revenue does BUILDING TRADES WELFARE BENEFIT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $28,043,352, expenses of $24,277,471 and total assets of $25,312,902 at year end.

Other nonprofits in GARDEN CITY

All nonprofits in GARDEN CITY · New York