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Nonprofit · EIN 22-1552880

TEAMSTERS LOCAL 469 WELFARE FUND

Tax-exempt · HAZLET, NJ 07730

Financials

$14.1M$12M2023$13.7M$12.8M2024
Revenue Expenses · by fiscal year end
Financials of TEAMSTERS LOCAL 469 WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,715,614$12,819,732$895,882$19,909,254$309,029$19,600,225
December 31, 2023990$14,083,490$11,989,730$2,093,760$19,073,434$392,141$18,681,293
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$13,255,935
Investment income
$455,274
Net gain from sales of assets
-$22,439
Other revenue
$4,405

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$11,977,734
Other salaries and wages
$76,275
Salaries, compensation and benefits (total)
$144,428
Professional fundraising fees
$0
Legal fees
$42,764
Accounting fees
$57,166
Occupancy
$24,361
Depreciation
$1,167

Balance sheet and other

Total assets, start of year
$19,073,434
Total assets, end of year
$19,909,254
Total liabilities, end of year
$309,029
Net assets, end of year
$19,600,225
Land, buildings and equipment
$1,603
Publicly traded securities
$11,484,849
Gross receipts
$22,645,896
Employees
2
Volunteers
0
Year formed
1955
State of legal domicile
NJ

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
MICHAEL BRODERICKTRUSTEE
Trustee or director
1$0$128,801$78,050
MICHAEL TKATCHTRUSTEE
Trustee or director
1$0$126,449$76,716
CHRISTINA MONTORIOTRUSTEE
Trustee or director
1$0$112,986$73,620
MARCELO AFONSOTRUSTEE
Trustee or director
1$0$0$0
RICK WORKMANTRUSTEE
Trustee or director
1$0$0$0
DANIEL NEVILLETRUSTEE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL BRODERICKTRUSTEE
Trustee or director
1$0$127,497$76,435
MICHAEL TKATCHTRUSTEE
Trustee or director
1$0$125,169$75,456
CHRISTINA MONTORIOTRUSTEE
Trustee or director
1$0$111,842$72,431
RICK WORKMANTRUSTEE
Trustee or director
1$0$0$0
MARCELO AFONSOTRUSTEE
Trustee or director
1$0$0$0
DANIEL NEVILLETRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3400 RTE 35 STE 8, HAZLET, NJ 07730-1247
Principal officer (990 for 2024)
MICHAEL BRODERICK, 3400 ROUTE 35, HAZLET, NJ 07730
Signed the 990
MICHAEL BRODERICK, TRUSTEE
Phone
(732) 264-9000
Return prepared by
MSPC CPAS & ADVISORS PC

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS AND THEIR DEPENDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TEAMSTERS 469 WELFARE FUND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL ELIGIBLE MEMBERS AND THEIR DEPENDENTS.

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
22-1552880
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1955
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,909,254
Income (IRS master file)
$22,645,896

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,715,614$12,819,732$19,909,254XML
990December 2023$14,083,490$11,989,730$19,073,434XML
990December 2022$13,611,592$14,275,610$16,374,061IRS
990December 2021–––IRS
990December 2020–––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 22-1552880).

Questions about TEAMSTERS LOCAL 469 WELFARE FUND

What is the EIN of TEAMSTERS LOCAL 469 WELFARE FUND?
The employer identification number (EIN) of TEAMSTERS LOCAL 469 WELFARE FUND is 22-1552880.
Is TEAMSTERS LOCAL 469 WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1955.
Are donations to TEAMSTERS LOCAL 469 WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEAMSTERS LOCAL 469 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 469 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 469 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 469 WELFARE FUND?
The 990 for the year ended December 31, 2024 names MICHAEL BRODERICK.
Who are the officers and directors of TEAMSTERS LOCAL 469 WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does TEAMSTERS LOCAL 469 WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,715,614, expenses of $12,819,732 and total assets of $19,909,254 at year end.

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