Nonprofit · EIN 13-2575626
WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT
Tax-exempt · NEW YORK, NY 10011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $43,478,351 | $40,966,768 | $2,511,583 | $86,371,565 | $3,047,566 | $83,323,999 |
| December 31, 2023 | 990 | $42,977,562 | $40,145,915 | $2,831,647 | $80,961,865 | $7,551,921 | $73,409,944 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $42,064,446
- Investment income
- $2,539,577
- Net rental income
- -$1,418,262
- Net gain from sales of assets
- $545,107
- Other revenue
- -$1,125,672
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $35,538,579
- Other salaries and wages
- $1,877,390
- Salaries, compensation and benefits (total)
- $3,831,122
- Professional fundraising fees
- $0
- Legal fees
- $272,518
- Accounting fees
- $76,500
- Occupancy
- $11,972
- Depreciation
- $104,903
Balance sheet and other
- Total assets, start of year
- $80,961,865
- Total assets, end of year
- $86,371,565
- Total liabilities, end of year
- $3,047,566
- Net assets, end of year
- $83,323,999
- Land, buildings and equipment
- $2,798,039
- Publicly traded securities
- $58,001,901
- Gross receipts
- $64,688,527
- Employees
- 65
- Volunteers
- 0
- Year formed
- 1964
- 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 |
|---|---|---|---|---|---|
| MARY SHERIDAN | CHIEF ATTORNEY Highest-paid employee | 40 | $215,720 | $0 | $124,432 |
| DONALD ARNOLD | TRUSTEE Trustee or director | 0.5 | $0 | $254,601 | $17,464 |
| CURTIS SCOTT | TRUSTEE Trustee or director | 0.5 | $0 | $181,698 | $51,539 |
| JEANETTE TAVERAS | TRUSTEE Trustee or director | 0.5 | $0 | $193,716 | $39,083 |
| SHELDON PROCTOR | DEPUTY DIRECTOR Highest-paid employee | 36 | $171,038 | $0 | $58,220 |
| SARA WAGNER | ASST DIRECTOR LEGAL Highest-paid employee | 40 | $156,597 | $0 | $66,872 |
| DEREK JACKSON | TRUSTEE Trustee or director | 0.5 | $0 | $200,288 | $20,737 |
| GREGORY FLOYD | TRUSTEE Trustee or director | 0.5 | $0 | $180,319 | $18,059 |
| RUBEN TORRES | TRUSTEE Trustee or director | 0.5 | $0 | $181,594 | $12,442 |
| MITCHELL GOLDBERG | DIRECTOR Highest-paid employee | 17 | $111,764 | $0 | $62,574 |
| DIANA NAPPI | DIRECTOR Highest-paid employee | 40 | $124,974 | $0 | $34,366 |
| DEBBIE A COLEMAN | TRUSTEE Trustee or director | 0.5 | $0 | $69,875 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY SHERIDAN | CHIEF ATTORNEY Highest-paid employee | 40 | $204,754 | $0 | $121,780 |
| DONALD ARNOLD | TRUSTEE Trustee or director | 0.5 | $0 | $249,126 | $17,560 |
| MITCHELL GOLDBERG | DIRECTOR Highest-paid employee | 17 | $184,990 | $0 | $60,965 |
| SARA WAGNER | ASST DIRECTOR LEGAL Highest-paid employee | 40 | $150,979 | $0 | $86,326 |
| GREGORY FLOYD | TRUSTEE Trustee or director | 0.5 | $0 | $218,135 | $18,153 |
| JEANETTE TAVERAS | TRUSTEE Trustee or director | 0.5 | $0 | $191,510 | $37,785 |
| CURTIS SCOTT | TRUSTEE Trustee or director | 0.5 | $0 | $178,259 | $48,588 |
| SHELDON PROCTOR | DEPUTY DIRECTOR Highest-paid employee | 36 | $169,423 | $0 | $56,437 |
| DEREK JACKSON | TRUSTEE Trustee or director | 0.5 | $0 | $191,186 | $20,974 |
| ANTHONY MORANO | CIO Highest-paid employee | 40 | $193,490 | $0 | $5,384 |
| RUBEN TORRES | TRUSTEE Trustee or director | 0.5 | $0 | $178,804 | $12,335 |
| DEBBIE A COLEMAN | TRUSTEE Trustee or director | 0.5 | $0 | $71,122 | $0 |
| AYANA A ALI | TRUSTEE (P) Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 216 W 14TH ST, NEW YORK, NY 10011-7201
- Principal officer (990 for 2024)
- GREGORY FLOYD, 216 WEST 14TH ST, NEW YORK, NY 10011
- Signed the 990
- GREGORY FLOYD, TRUSTEE
- Phone
- (212) 924-2000
- Website
- WWW.LOCAL237.ORG
- Return prepared by
- NOVAK FRANCELLA LLC
Mission
TO PROVIDE DENTAL, DRUG, OPTICAL, LEGAL, DEATH, DISABILITY AND CERTAIN OTHER BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY THE CITY EMPLOYEES LOCAL UNION 237 I.B.T.
Program accomplishments
- THE FUND PROVIDED DENTAL, DRUG, OPTICAL, LEGAL, DEATH, DISABILITY AND CERTAIN OTHER BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY THE CITY EMPLOYEES LOCAL UNION 237 I.B.T.
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 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-2575626
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $77,120,038
- Income (IRS master file)
- $73,128,504
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $43,478,351 | $40,966,768 | $86,371,565 | XML |
| 990 | December 2023 | $42,977,562 | $40,145,915 | $80,961,865 | XML |
| 990 | December 2022 | $43,097,054 | $38,208,325 | $73,608,924 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 13-2575626).
Questions about WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT
- What is the EIN of WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT?
- The employer identification number (EIN) of WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT is 13-2575626.
- Is WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1964.
- Are donations to WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT 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 WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT 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 WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT?
- The 990 for the year ended December 31, 2024 names GREGORY FLOYD.
- Who are the officers and directors of WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT?
- The 990 for the year ended December 31, 2024 lists 12 people; 5 received compensation from the organization, the highest $215,720 (MARY SHERIDAN, CHIEF ATTORNEY).
- How much revenue does WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $43,478,351, expenses of $40,966,768 and total assets of $86,371,565 at year end.
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