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Nonprofit · EIN 14-6022213

TEAMSTERS LOCAL 445 WELFARE FUND

Also known as 445

Tax-exempt · ROCK TAVERN, NY 12575

Financials

$5.4M$7M2023$5.3M$5M2024
Revenue Expenses · by fiscal year end
Financials of TEAMSTERS LOCAL 445 WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,260,461$4,967,767$292,694$5,047,674$1,176,067$3,871,607
December 31, 2023990$5,384,618$7,023,875-$1,639,257$4,684,881$1,262,946$3,421,935
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,257,843
Investment income
$289,738
Net gain from sales of assets
$204,808
Other revenue
$712,880

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,574,114
Other salaries and wages
$49,271
Salaries, compensation and benefits (total)
$102,782
Professional fundraising fees
$0
Legal fees
$41,383
Accounting fees
$52,373
Occupancy
$20,582
Depreciation
$2,422

Balance sheet and other

Total assets, start of year
$4,684,881
Total assets, end of year
$5,047,674
Total liabilities, end of year
$1,176,067
Net assets, end of year
$3,871,607
Land, buildings and equipment
$45,040
Publicly traded securities
$3,694,231
Gross receipts
$7,143,975
Employees
3
Volunteers
0
Year formed
1961
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 / weekCompensationFrom related orgsOther / benefits
DANIEL MALDONADOUNION TRUSTEE
Trustee or director
2$0$112,466$67,734
LORI E POLESELUNION TRUSTEE
Trustee or director
2$0$104,105$43,794
MARGARET FALANGAEMPLOYER TRUSTEE
Trustee or director
2$0$0$0
NICHOLAS B CLEMENETEEMPLOYER TRUSTEE
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DANIEL MALDONADOUNION TRUSTEE
Trustee or director
2$0$113,707$39,530
LORI E POLESELUNION TRUSTEE
Trustee or director
2$0$101,428$39,530
MARGARET FALANGAEMPLOYER TRUSTEE
Trustee or director
2$0$0$0
NICHOLAS B CLEMENETEEMPLOYER TRUSTEE
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
15 STONE CASTLE RD, ROCK TAVERN, NY 12575-5000
Principal officer (990 for 2024)
DANIEL MALDONADO, 15 STONE CASTLE ROAD, ROCK TAVERN, NY 12575
Signed the 990
DANIEL MALDONADO, TRUSTEE
Phone
(845) 564-4076
Return prepared by
MSPC CPAS & ADVISORS PC

Mission

PROVIDE AND ADMINISTER HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • FUNDED HEALTH AND WELFARE BENEFITS FOR ELIGIBLE MEMBERS OF TEAMSTERS LOCAL UNION #445.

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
14-6022213
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1961
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,047,674
Income (IRS master file)
$7,143,975

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,260,461$4,967,767$5,047,674IRS
990December 2023$5,384,618$7,023,875$4,684,881XML
990December 2022$5,054,352$5,799,410$5,932,653IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 14-6022213).

Questions about TEAMSTERS LOCAL 445 WELFARE FUND

What is the EIN of TEAMSTERS LOCAL 445 WELFARE FUND?
The employer identification number (EIN) of TEAMSTERS LOCAL 445 WELFARE FUND is 14-6022213.
Is TEAMSTERS LOCAL 445 WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1961.
Are donations to TEAMSTERS LOCAL 445 WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEAMSTERS LOCAL 445 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 TEAMSTERS LOCAL 445 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 TEAMSTERS LOCAL 445 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 TEAMSTERS LOCAL 445 WELFARE FUND?
The 990 for the year ended December 31, 2024 names DANIEL MALDONADO.
Who are the officers and directors of TEAMSTERS LOCAL 445 WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TEAMSTERS LOCAL 445 WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,260,461, expenses of $4,967,767 and total assets of $5,047,674 at year end.

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