Skip to main content

Nonprofit · EIN 14-1582160

TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH

Tax-exempt · ALBANY, NY 12206

Financials

$15M$15.5M2024
Revenue Expenses · by fiscal year end
Financials of TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$14,960,584$15,469,392-$508,808$21,689,956$10,149,830$11,540,126
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$14,312,576
Investment income
$648,008
Net gain from sales of assets
$39,482
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$14,966,814
Compensation of officers, directors and key employees
$92,888
Other salaries and wages
$47,667
Salaries, compensation and benefits (total)
$225,694
Professional fundraising fees
$0
Legal fees
$23,190
Accounting fees
$42,000
Occupancy
$12,000

Balance sheet and other

Total assets, start of year
$19,248,686
Total assets, end of year
$21,689,956
Total liabilities, end of year
$10,149,830
Net assets, end of year
$11,540,126
Publicly traded securities
$16,545,420
Gross receipts
$19,910,881
Employees
2
Volunteers
0
Year formed
1962
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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DIANE SCHWAGERFUND ADMINISTRATOR
Officer
40$92,888$40,807
THOMAS QUACKENBUSHUNION TRUSTEE
Trustee or director
1$0$0
CHARLES GREENFIELDUNION TRUSTEE
Trustee or director
1$0$0
LAURA REGANEMPLOYER TRUSTEE
Trustee or director
1$0$0
STEVE CAREYEMPLOYER TRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
890 3RD ST STE 2, ALBANY, NY 12206-1632
Principal officer (990 for 2024)
THOMAS QUACKENBUSH, 890 THIRD STREET, ALBANY, NY 12206
Signed the 990
THOMAS QUACKENBUSH, TRUSTEE
Phone
(518) 437-9837
Return prepared by
TEAL BECKER & CHIARAMONTE CPAS PC

Mission

TO PROVIDE HEALTH INSURANCE TO ITS MEMBERS.

990 for the year ended May 31, 2025

Program accomplishments

  • THE PLAN PROVIDED PARTICIPATING MEMBERS AND CERTAIN DEPENDENTS WITH THE FOLLOW BENEFITS: LIFE INSURANCE, ACCIDENTAL DEATH & DISMEMBERMENT, HOSPITAL EXPENSES, MAJOR MEDICAL, PRESCRIPTION DRUG EXPENSES, DENTAL EXPENSES & OTHER MISC. BENEFITS. THE PLAN IS FUNDED UNDER THE TERMS OF A MULTIEMPLOYER COLLECTIVELY BARGAINED AGREEMENT.

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024Check at the IRS

IRS record

EIN
14-1582160
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2025
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$21,689,956
Income (IRS master file)
$19,910,881

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$14,960,584$15,469,392$21,689,956XML

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 14-1582160).

Questions about TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH

What is the EIN of TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH?
The employer identification number (EIN) of TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH is 14-1582160.
Is TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2025.
Are donations to TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH 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 TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH?
The 990 for the year ended May 31, 2025 names THOMAS QUACKENBUSH.
Who are the officers and directors of TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH?
The 990 for the year ended May 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $92,888 (DIANE SCHWAGER, FUND ADMINISTRATOR).
How much revenue does TEAMSTERS LOCAL 294 ALBANY AREA TRU CKING & ALLIED INDUSTRIES HEALTH have?
On its 990 for the year ended May 31, 2025 it reported revenue of $14,960,584, expenses of $15,469,392 and total assets of $21,689,956 at year end.

Other nonprofits in ALBANY

All nonprofits in ALBANY · New York · Mutual and membership benefit