Nonprofit · EIN 13-5615576
N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND
Tax-exempt · NEW YORK, NY 10014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $464,365,274 | $505,966,654 | -$41,601,380 | $851,281,504 | $152,040,661 | $699,240,843 |
| June 30, 2024 | 990 | $416,091,625 | $461,489,348 | -$45,397,723 | $865,987,904 | $160,408,951 | $705,578,953 |
| June 30, 2023 | 990 | $410,408,937 | $450,381,908 | -$39,972,971 | $822,353,485 | $123,376,456 | $698,977,029 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $424,515,957
- Investment income
- $39,715,919
- Net gain from sales of assets
- $25,117,305
- Other revenue
- $133,398
Expenses
- Grants and similar amounts paid
- $348,250
- Benefits paid to members
- $491,583,132
- Compensation of officers, directors and key employees
- $663,022
- Other salaries and wages
- $3,424,033
- Salaries, compensation and benefits (total)
- $6,890,118
- Professional fundraising fees
- $0
- Legal fees
- $824,629
- Accounting fees
- $1,586,873
- Occupancy
- $1,198,359
- Depreciation
- $69,108
Balance sheet and other
- Total assets, start of year
- $865,987,904
- Total assets, end of year
- $851,281,504
- Total liabilities, end of year
- $152,040,661
- Net assets, end of year
- $699,240,843
- Land, buildings and equipment
- $125,312
- Publicly traded securities
- $244,620,942
- Gross receipts
- $1,338,805,297
- Employees
- 98
- Volunteers
- 0
- Year formed
- 1950
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTIN O'BRIEN FOWLKES | EXECUTIVE DIRECTOR Officer | 19 | $302,416 | $67,659 |
| ANGELA L MASSA | DIRECTOR OF FINANCE & INV Officer | 19 | $232,825 | $55,035 |
| DAVID JACOBSEN | CONTROLLER Highest-paid employee | 19 | $209,444 | $56,277 |
| BENJAMIN J LAMBERT | IT DIRECTOR Highest-paid employee | 19 | $186,186 | $50,395 |
| THERESA M IANNIZZI-RIERA | DIRECTOR OF ADMIN SERVICES Highest-paid employee | 19 | $164,027 | $48,895 |
| FRANCES C CONSIDINE | WELFARE FUND DIRECTOR Highest-paid employee | 19 | $164,468 | $48,036 |
| EDMOND OSHANANI | TECHNICAL PROJECT MANAGER Highest-paid employee | 19 | $149,250 | $47,057 |
| DAVID T MEBERG | EMP TRUSTEE - CO-CHAIRMAN Trustee or director | 2 | $0 | $0 |
| MICHAEL SALGO | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN DELOLLIS | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN O'HARE | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN SHEEHY - THRU 125 | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL CAPURSO | UNION TRUSTEE - CO-CHAIRMAN Trustee or director | 2 | $0 | $0 |
| MICHAEL CAVANAUGH - THRU 125 | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH A GEIGER | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID CARABALLOSO | UNION TRUSTEE Trustee or director | 2 | $0 |
| ROBERT WESSELS | EMP TRUSTEE Trustee or director | 2 | $0 |
| ADAM HARKIN | UNION TRUSTEE Trustee or director | 2 | $0 |
| ANTHONY MADAIO - EFF 125 | UNION TRUSTEE Trustee or director | 2 | $0 |
| MICHAEL PICCIRILLO - EFF 125 | UNION TRUSTEE Trustee or director | 2 | $0 |
| KEVIN O'CALLAGHAN | EMP TRUSTEE Trustee or director | 2 | $0 |
| WALTER SARACENI - EFF 625 | INTERIM EXECUTIVE DIRECTOR Officer | 19 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTIN O'BRIEN FOWLKES | EXECUTIVE DIR Officer | 19 | $267,383 | $63,390 |
| ANNE MASSA | DIRECTOR OF FINANCE & INV Officer | 19 | $230,071 | $51,826 |
| DAVID JACOBSEN | CONTROLLER Highest-paid employee | 19 | $203,279 | $54,748 |
| BENJAMIN LAMBERT | IT DIRECTOR Highest-paid employee | 19 | $178,062 | $47,435 |
| THERESA IANNIZZI | DIRECTOR OF ADMIN SERVICES Highest-paid employee | 19 | $159,777 | $45,271 |
| FRANCES CONSIDINE | WELFARE FUND DIRECTOR Highest-paid employee | 19 | $158,909 | $45,233 |
| EDMOND OSHANANI | TECHNICAL PROJECT MANAGER Highest-paid employee | 19 | $146,482 | $43,665 |
| DAVID MEBERG | EMP TRUSTEE - CO-CHAIRMAN Trustee or director | 2 | $0 | $0 |
| KEVIN O'CALLAGHAN | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN DELOLLIS | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL SALGO | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN O'HARE | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH GEIGER | UNION TRUSTEE - CO-CHAIRMAN Trustee or director | 2 | $0 | $0 |
| JOHN SHEEHY | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL CAPURSO | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL CAVANAUGH | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID CARABALLOSO | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT WESSELS | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| ADAM HARKIN - EFF 0823 | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT LESNIEWSKI - THRU 1222 | CFO Officer | 19 | $309,328 | $53,504 |
| KRISTIN O'BRIEN FOWLKES | EXECUTIVE DIR. Officer | 19 | $293,820 | $62,539 |
| DAVID JACOBSEN | CONTROLLER Highest-paid employee | 19 | $195,592 | $51,061 |
| BENJAMIN LAMBERT | IT DIRECTOR Highest-paid employee | 19 | $192,919 | $42,504 |
| FRANCES CONSIDINE | WELFARE DIRECTOR Highest-paid employee | 19 | $154,957 | $40,238 |
| THERESA IANNIZZI | DIRECTOR OF OPERATIONS Highest-paid employee | 19 | $154,691 | $40,369 |
| GINO FIACCO | REMITTANCE MANAGER Highest-paid employee | 19 | $145,262 | $44,569 |
| ANNE MASSA | DIRECTOR OF FINANCE AND IN Officer | 19 | $111,398 | $35,631 |
| DAVID MEBERG | EMP TSTE-CHAIRM Trustee or director | 2 | $0 | $0 |
| KEVIN O'CALLAGHAN | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN DELOLLIS | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL SALGO | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN O'HARE | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH GEIGER | UN TSTE-CHAIRM Trustee or director | 2 | $0 | $0 |
| JOHN SHEEHY | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL CAPURSO | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL CAVANAUGH | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID CARABALLOSO | UNION TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT WESSELS - EFF 1222 | EMP TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 395 HUDSON ST 9TH FLOOR, NEW YORK, NY 10014-7450
- Principal officer (990 for 2024)
- WALTER SARACENI, 395 HUDSON STREET, NEW YORK, NY 10014
- Signed the 990
- PAUL CAPURSO, UNION TRUSTEE/CO-CHAIRMAN
- Phone
- (212) 366-7300
- Website
- WWW.NYCCBF.ORG
- Return prepared by
- SCHULTHEIS & PANETTIERI LLP
Mission
THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.
Program accomplishments
- THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.
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
- 13-5615576
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1951
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $851,281,504
- Income (IRS master file)
- $1,338,805,297
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $464,365,274 | $505,966,654 | $851,281,504 | XML |
| 990 | June 2024 | $416,091,625 | $461,489,348 | $865,987,904 | XML |
| 990 | June 2023 | $410,408,937 | $450,381,908 | $822,353,485 | XML |
| 990 | June 2022 | $405,915,233 | $438,115,919 | $844,702,905 | 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 13-5615576).
Questions about N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND
- What is the EIN of N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND?
- The employer identification number (EIN) of N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND is 13-5615576.
- Is N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1951.
- Are donations to N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does N Y C DISTRICT COUNCIL CARPENTERS WELFARE 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 N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND 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 N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND 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 N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND?
- The 990 for the year ended June 30, 2025 names WALTER SARACENI.
- Who are the officers and directors of N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND?
- The 990 for the year ended June 30, 2025 lists 22 people; 7 received compensation from the organization, the highest $302,416 (KRISTIN O'BRIEN FOWLKES, EXECUTIVE DIRECTOR).
- How much revenue does N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $464,365,274, expenses of $505,966,654 and total assets of $851,281,504 at year end.
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