Skip to main content

Nonprofit · EIN 13-5679400

MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND

Tax-exempt · ASTORIA, NY 11106

Financials

$4.7M$4.8M2023$5.3M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,295,405$4,604,526$690,879$3,548,509$529,115$3,019,394
December 31, 2023990$4,663,588$4,800,148-$136,560$2,823,379$530,096$2,293,283
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,234,428
Investment income
$60,140
Net gain from sales of assets
$13,630
Other revenue
$837

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,322,887
Other salaries and wages
$156,422
Salaries, compensation and benefits (total)
$258,836
Professional fundraising fees
$0
Legal fees
$42,004
Accounting fees
$33,335
Occupancy
$12,396
Depreciation
$539

Balance sheet and other

Total assets, start of year
$2,823,379
Total assets, end of year
$3,548,509
Total liabilities, end of year
$529,115
Net assets, end of year
$3,019,394
Land, buildings and equipment
$1,886
Publicly traded securities
$1,027,753
Gross receipts
$5,935,175
Employees
1
Volunteers
0
Year formed
1956
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 / weekCompensationOther / benefits
CONNIE HENRYPLAN ADMINISTRATOR
Highest-paid employee
40$156,422$90,153
DOMINIC VALDNERTRUSTEE
Trustee or director
2$0$0
MARK ROSENTRUSTEE
Trustee or director
2$0$0
JOSEPH GRECO JRTRUSTEE
Trustee or director
2$0$0
JOSEPH TODAROTRUSTEE
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
CONNIE HENRYPLAN ADMINISTRATOR
Highest-paid employee
40$145,878$93,702
JOSEPH D'AMATOFORMER TRUSTEE
Trustee or director
2$0$0
DOMINIC VALDNERTRUSTEE
Trustee or director
2$0$0
MARK ROSENTRUSTEE
Trustee or director
2$0$0
JOSEPH GRECO JRTRUSTEE
Trustee or director
2$0$0
JOSEPH TODAROTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3411 35TH AVE, ASTORIA, NY 11106-1222
Principal officer (990 for 2024)
DOMINIC VALDNER, 34-11 35TH AVENUE, ASTORIA, NY 11106
Signed the 990
DOMINIC VALDNER, TRUSTEE
Phone
(718) 392-6660
Return prepared by
WEAVER AND TIDWELL LLP

Mission

TO PAY OR PROVIDE WELFARE BENEFITS DIRECTLY AND ALSO FOR THE PAYMENT OF PREMIUMS ON SUCH POLICIES OF GROUP LIFE INSURANCE, GROUP ACCIDENT AND HEALTH INSURANCE FOR MEDICAL AND SURGICAL CARE AND HOSPITALIZATION FOR MEMBERS OF THE UNION AND THEIR DEPENDENTS, AS THE TRUSTEES MAY DETERMINE, SUBJECT TO SUCH CONDITIONS AS TO LENGTH OF SERVICE IN THE INDUSTRY, LENGTH OF MEMBERSHIP IN THE UNION AND LENGTH OF PAYMENT BY THE EMPLOYER OF EMPLOYER CONTRIBUTIONS AS THE TRUSTEES MAY DETERMINE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. NUMBER OF PARTICIPANTS: 146

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
13-5679400
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Exempt since
1940
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,548,509
Income (IRS master file)
$5,935,175

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,295,405$4,604,526$3,548,509XML
990December 2023$4,663,588$4,800,148$2,823,379XML
990December 2022$4,222,168$4,162,311$2,374,234IRS
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 13-5679400).

Questions about MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND

What is the EIN of MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND?
The employer identification number (EIN) of MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND is 13-5679400.
Is MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1940.
Which annual return does MATERIAL YARD WORKERS LOCAL NO 1175 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 MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE 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 MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE 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 MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND?
The 990 for the year ended December 31, 2024 names DOMINIC VALDNER.
Who are the officers and directors of MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $156,422 (CONNIE HENRY, PLAN ADMINISTRATOR).
How much revenue does MATERIAL YARD WORKERS LOCAL NO 1175 WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,295,405, expenses of $4,604,526 and total assets of $3,548,509 at year end.

Other nonprofits in ASTORIA

All nonprofits in ASTORIA · New York