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Nonprofit · EIN 22-1736275

TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723

Tax-exempt · UNION, NJ 07083

Financials

$9M$4.7M2023$11.2M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,220,788$4,937,376$6,283,412$44,640,795$682,277$43,958,518
December 31, 2023990$8,988,801$4,688,868$4,299,933$36,658,132$842,741$35,815,391
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,640,943
Investment income
$3,579,845
Net gain from sales of assets
$2,489,474
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,122,705
Other salaries and wages
$187,891
Salaries, compensation and benefits (total)
$294,228
Professional fundraising fees
$0
Legal fees
$4,320
Accounting fees
$63,780
Occupancy
$16,325
Depreciation
$4,086

Balance sheet and other

Total assets, start of year
$36,658,132
Total assets, end of year
$44,640,795
Total liabilities, end of year
$682,277
Net assets, end of year
$43,958,518
Land, buildings and equipment
$21,100
Publicly traded securities
$43,641,385
Gross receipts
$49,934,549
Employees
3
Year formed
1961
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 / weekCompensation
VANDA NENOFUND ADMINIS
Highest-paid employee
40$109,491
JAMES KILKENNYTRUSTEE
Trustee or director
5$0
BRUCE BIERTRUSTEE
Trustee or director
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ROBIN MODZELEWSKIFUND ADMINIS
Former
–$134,553
JAMES KILKENNYTRUSTEE
Trustee or director
5$0
BRUCE BIERTRUSTEE
Trustee or director
5$0

Address and contacts

Address (IRS master file)
714 RAHWAY AVE STE 2 STE 3, UNION, NJ 07083-4604
Principal officer (990 for 2024)
VANDA NENO, 714 RAHWAY AVENUE, UNION, NJ 07087
Signed the 990
VANDA NENO, FUND ADMINISTRATOR
Phone
(908) 688-0723
Return prepared by
BARATZ & ASSOCIATES PA

Mission

PROVIDE HEALTH & LEGAL BENEFITS TO PLAN PARTICIPANTS

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE HEALTH BENEFITS TO PLAN PARTICIPANTS
  • PROVIDE HEALTH BENEFITS TO PLAN PARTICIPANTS

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
22-1736275
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$44,640,795
Income (IRS master file)
$49,934,549

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,220,788$4,937,376$44,640,795XML
990December 2023$8,988,801$4,688,868$36,658,132XML
990December 2022$4,462,596$5,017,392$29,342,985IRS
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 22-1736275).

Questions about TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723

What is the EIN of TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723?
The employer identification number (EIN) of TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723 is 22-1736275.
Is TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1964.
Are donations to TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723 tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723 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 WELFARE FUND OF NORTHERN N J LOCAL 723 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 WELFARE FUND OF NORTHERN N J LOCAL 723 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 WELFARE FUND OF NORTHERN N J LOCAL 723?
The 990 for the year ended December 31, 2024 names VANDA NENO.
Who are the officers and directors of TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $109,491 (VANDA NENO, FUND ADMINIS).
How much revenue does TEAMSTERS WELFARE FUND OF NORTHERN N J LOCAL 723 have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,220,788, expenses of $4,937,376 and total assets of $44,640,795 at year end.

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