Nonprofit · EIN 22-1594458
MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B
Also known as 701 LOCAL WELFARE PLAN A
Tax-exempt · N BRUNSWICK, NJ 08902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $6,318,941 | $6,337,949 | -$19,008 | $10,315,515 | $195,356 | $10,120,159 |
| May 31, 2024 | 990 | $6,578,513 | $6,322,317 | $256,196 | $9,826,063 | $81,377 | $9,744,686 |
| May 31, 2023 | 990 | $8,163,611 | $8,378,232 | -$214,621 | $9,407,025 | $184,162 | $9,222,863 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,889,417
- Investment income
- $347,401
- Other revenue
- $82,123
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $5,680,198
- Compensation of officers, directors and key employees
- $95,964
- Other salaries and wages
- $63,465
- Salaries, compensation and benefits (total)
- $239,308
- Professional fundraising fees
- $0
- Legal fees
- $76,935
- Accounting fees
- $20,776
- Occupancy
- $27,730
- Depreciation
- $3,087
Balance sheet and other
- Total assets, start of year
- $9,826,063
- Total assets, end of year
- $10,315,515
- Total liabilities, end of year
- $195,356
- Net assets, end of year
- $10,120,159
- Land, buildings and equipment
- $7,376
- Publicly traded securities
- $8,898,300
- Gross receipts
- $6,318,941
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1956
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GIANCARLO PREZIOSO | FUND MANAGER Officer | 40 | $81,964 | $179,787 | $51,767 |
| RONALD LAKE | TRUSTEE Trustee or director | 1 | $0 | $146,326 | $78,727 |
| GREGOREY RIGGLEMAN | TRUSTEE Trustee or director | 1 | $0 | $138,397 | $77,154 |
| ERNEST SOEHL | TRUSTEE Trustee or director | 1 | $7,000 | $7,000 | $0 |
| LAMAR BEINHOWER | TRUSTEE Trustee or director | 1 | $7,000 | $7,000 | $0 |
| ANTHONY FISCHETTI | TRUSTEE Trustee or director | 1 | $0 | $5,400 | $1,350 |
| ROBERT WEISER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROY KOHN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MIKE ROBERTS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GIANCARLO PREZIOSO | FUND MANAGER Officer | 40 | $78,562 | $178,514 | $49,823 |
| RONALD LAKE | TRUSTEE Trustee or director | 1 | $0 | $133,129 | $72,589 |
| GREGOREY RIGGLEMAN | TRUSTEE Trustee or director | 1 | $0 | $125,704 | $72,289 |
| ANTHONY FISCHETTI | TRUSTEE Trustee or director | 1 | $0 | $99,069 | $58,064 |
| ERNEST SOEHL | TRUSTEE Trustee or director | 1 | $12,000 | $12,000 | $0 |
| LAMAR BEINHOWER | TRUSTEE Trustee or director | 1 | $12,000 | $12,000 | $0 |
| ANTHONY SIDOTI | TRUSTEE Trustee or director | 1 | $4,500 | $0 | $0 |
| ROBERT WEISER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GIANCARLO PREZIOSO | FUND MANAGER Officer | 40 | $74,000 | $166,109 | $48,784 |
| RONALD LAKE | TRUSTEE Trustee or director | 1 | $0 | $129,173 | $77,855 |
| GREGOREY RIGGLEMAN | TRUSTEE Trustee or director | 1 | $0 | $121,966 | $70,170 |
| ANTHONY FISCHETTI | TRUSTEE Trustee or director | 1 | $0 | $115,182 | $63,260 |
| ERNEST SOEHL | TRUSTEE Trustee or director | 1 | $12,000 | $12,000 | $0 |
| LAMAR BEINHOWER | TRUSTEE Trustee or director | 1 | $12,000 | $12,000 | $0 |
| ANTHONY SIDOTI | TRUSTEE Trustee or director | 1 | $12,000 | $0 | $0 |
| ROCCO MORONGELLO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT WEISER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2003 US HIGHWAY 130 STE A, N BRUNSWICK, NJ 08902-4857
- Principal officer (990 for 2024)
- RONALD LAKE, 2003 US ROUTE 130 A, NORTH BRUNSWICK, NJ 08902
- Signed the 990
- RONALD LAKE, TRUSTEE
- Phone
- (732) 297-0194
- Return prepared by
- MSPC CPAS & ADVISORS PC
Mission
TO PROVIDE HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS
Program accomplishments
- PROVIDED HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR ELIGIBLE 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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 22-1594458
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1958
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,315,515
- Income (IRS master file)
- $6,318,941
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $6,318,941 | $6,337,949 | $10,315,515 | XML |
| 990 | May 2024 | $6,578,513 | $6,322,317 | $9,826,063 | XML |
| 990 | May 2023 | $8,163,611 | $8,378,232 | $9,407,025 | XML |
| 990 | May 2022 | $7,768,982 | $8,171,526 | $10,308,418 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 22-1594458).
Questions about MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B
- What is the EIN of MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B?
- The employer identification number (EIN) of MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B is 22-1594458.
- Is MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1958.
- Are donations to MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B 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 MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B 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 MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B 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 MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B?
- The 990 for the year ended May 31, 2025 names RONALD LAKE.
- Who are the officers and directors of MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B?
- The 990 for the year ended May 31, 2025 lists 9 people; 3 received compensation from the organization, the highest $81,964 (GIANCARLO PREZIOSO, FUND MANAGER).
- How much revenue does MID-JERSEY TRUCKING INDUSTRY LOCAL 701 WELFARE FUND PLAN A & B have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $6,318,941, expenses of $6,337,949 and total assets of $10,315,515 at year end.
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