Nonprofit · EIN 13-6307146
NEW YORK CITY LOCAL 246 WELFARE FUND
Tax-exempt · NEW YORK, NY 10007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,422,152 | $2,311,327 | $1,110,825 | $10,062,973 | $591,414 | $9,471,559 |
| December 31, 2023 | 990 | $3,492,109 | $2,431,511 | $1,060,598 | $8,626,139 | $101,384 | $8,524,755 |
| December 31, 2021 | 990 | $3,491,449 | $2,919,777 | $571,672 | $8,447,753 | $570,341 | $7,877,412 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,245,239
- Investment income
- $302,348
- Net gain from sales of assets
- -$32,372
- Other revenue
- $874,565
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,617,718
- Compensation of officers, directors and key employees
- $20,276
- Other salaries and wages
- $264,878
- Salaries, compensation and benefits (total)
- $422,700
- Professional fundraising fees
- $0
- Legal fees
- $36,100
- Accounting fees
- $10,000
- Occupancy
- $61,132
Balance sheet and other
- Total assets, start of year
- $8,626,139
- Total assets, end of year
- $10,062,973
- Total liabilities, end of year
- $591,414
- Net assets, end of year
- $9,471,559
- Publicly traded securities
- $7,760,302
- Net assets without donor restrictions
- $9,471,559
- Gross receipts
- $32,602,098
- Employees
- 4
- Year formed
- 1993
- 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 |
|---|---|---|---|
| JOSEPH COLANGELO | TRUSTEE/ADMIN Officer | 10 | $20,276 |
| MARK BARDES | Trustee Trustee or director | 2 | $0 |
| HARRY FEBO | Trustee Trustee or director | 2 | $0 |
| DOMINIC BAVARO | Trustee Trustee or director | 2 | $0 |
| PETER TUCCI | Trustee Trustee or director | 2 | $0 |
| ANTHONY REYES | Trustee Officer | 2 | $0 |
| JASON VETTER | Trustee Officer | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH COLANGELO | TRUSTEE/ADMIN Officer | 10 | $14,833 |
| PETER TUCCI | Trustee Trustee or director | 2 | $1,042 |
| MARK BARDES | Trustee Trustee or director | 2 | $0 |
| DOMINIC BAVARO | Trustee Trustee or director | 2 | $0 |
| ANTHONY REYES | Trustee Officer | 2 | $0 |
| JASON VETTER | Trustee Officer | 2 | $0 |
990 for the year ended December 31, 2021: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH COLANGELO | TRUSTEE/ADMIN Officer | 10 | $9,000 |
| MARK BARDES | Trustee Trustee or director | 2 | $0 |
| DOMINIC BAVARO | Trustee Trustee or director | 2 | $0 |
| ANDRZEJ ZUKOWSKI | Trustee Trustee or director | 2 | $0 |
| PETER TUCCI | Trustee Trustee or director | 2 | $0 |
| RAY SCHACOR | TRUSTEE Officer | 5 | $0 |
| ANTHONY REYES | Trustee Officer | 2 | $0 |
| JASON VETTER | Trustee Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 217 BROADWAY RM 501, NEW YORK, NY 10007-2929
- Principal officer (990 for 2024)
- JOSEPH COLANGELO, 217 BROADWAY, NEW YORK, NY 10007
- Signed the 990
- JOSEPH COLANGELO, Chairman
- Phone
- (212) 233-0616
- Website
- WWW.NYCLOCAL246.ORG
- Return prepared by
- Wendel-Walowitz Associates Inc
Mission
PROVIDE SUPPLEMENTAL HEALTH BENEFITS NOT SUPPLIED BY EMPLOYER
Program accomplishments
- PROVIDE SUPPLEMENTAL HEALTH BENEFITS NOT PROVIDED BY EMPLOYER
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
- 13-6307146
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,062,973
- Income (IRS master file)
- $32,602,098
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,422,152 | $2,311,327 | $10,062,973 | XML |
| 990 | December 2023 | $3,492,109 | $2,431,511 | $8,626,139 | XML |
| 990 | December 2022 | $2,890,460 | $2,565,792 | $7,631,199 | IRS |
| 990 | December 2021 | $3,491,449 | $2,919,777 | $8,447,753 | XML |
| 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 13-6307146).
Questions about NEW YORK CITY LOCAL 246 WELFARE FUND
- What is the EIN of NEW YORK CITY LOCAL 246 WELFARE FUND?
- The employer identification number (EIN) of NEW YORK CITY LOCAL 246 WELFARE FUND is 13-6307146.
- Is NEW YORK CITY LOCAL 246 WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1996.
- Are donations to NEW YORK CITY LOCAL 246 WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW YORK CITY LOCAL 246 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 NEW YORK CITY LOCAL 246 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 NEW YORK CITY LOCAL 246 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 NEW YORK CITY LOCAL 246 WELFARE FUND?
- The 990 for the year ended December 31, 2024 names JOSEPH COLANGELO.
- Who are the officers and directors of NEW YORK CITY LOCAL 246 WELFARE FUND?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $20,276 (JOSEPH COLANGELO, TRUSTEE/ADMIN).
- How much revenue does NEW YORK CITY LOCAL 246 WELFARE FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,422,152, expenses of $2,311,327 and total assets of $10,062,973 at year end.
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