Nonprofit · EIN 22-6058341
TEAMSTERS INDUSTRIAL EMPLOYEES
Tax-exempt · ELMWOOD PARK, NJ 07407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $23,455,076 | $23,765,142 | -$310,066 | $45,728,020 | $4,191,148 | $41,536,872 |
| December 31, 2023 | 990 | $21,550,746 | $21,739,521 | -$188,775 | $46,072,746 | $3,813,778 | $42,258,968 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,400,624
- Investment income
- $1,501,819
- Net gain from sales of assets
- $44,057
- Other revenue
- $1,552,633
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $22,319,529
- Salaries, compensation and benefits (total)
- $327,766
- Professional fundraising fees
- $0
- Legal fees
- $101,856
- Accounting fees
- $26,500
- Depreciation
- $9,012
Balance sheet and other
- Total assets, start of year
- $46,072,746
- Total assets, end of year
- $45,728,020
- Total liabilities, end of year
- $4,191,148
- Net assets, end of year
- $41,536,872
- Land, buildings and equipment
- $1,179
- Publicly traded securities
- $36,782,212
- Gross receipts
- $40,012,376
- Employees
- 0
- Year formed
- 1948
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD COHEN | EMPLOYER TRU Trustee or director | 1 | $0 |
| CHARLES T CONNORS | EMPLOYER TRU Trustee or director | 1 | $0 |
| JAMES COONEY | EMPLOYER TRU Trustee or director | 1 | $0 |
| JOSEPH DIPALMA | UNION TRUSTE Trustee or director | 2 | $0 |
| NICHOLAS JAYME | UNION TRUSTE Trustee or director | 1 | $0 |
| LOUIS RODRIGUEZ | UNION TRUSTE Trustee or director | 1 | $0 |
| EDWIN H STIER | UNION TRUSTE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWIN H STIER | UNION TRUSTEE Trustee or director | 1 | $2,767 |
| JOSEPH DIPALMA | UNION TRUSTEE Trustee or director | 2 | $0 |
| CHARLES T CONNORS | EMPLOYER TRUSTEE Trustee or director | 1 | $0 |
| NICHOLAS JAYME | UNION TRUSTEE (ALTERNATE) Trustee or director | 1 | $0 |
| LOUIS RODRIGUEZ | UNION TRUSTEE Trustee or director | 1 | $0 |
| RICHARD GOLDBERG | EMPLOYER TRUSTEE (FORMER) Trustee or director | 1 | $0 |
| JAMES COONEY | EMPLOYER TRUSTEE Trustee or director | 1 | $0 |
| ROBERT BLUMENFELD | FUND ADMINISTRATOR Officer | 11 | $0 |
Address and contacts
- Address (IRS master file)
- 303 MOLNAR DRIVE, ELMWOOD PARK, NJ 07407-3213
- In care of
- % NORTHERN TRUST COMPANY
- Principal officer (990 for 2024)
- ROBERT BLUMENFELD
- Signed the 990
- ROBERT BLUMENFELD, PLAN ADMINISTRATOR
- Phone
- (201) 867-3553
- Website
- WWW.560BENEFITFUNDS.COM
- Return prepared by
- BARATZ & ASSOCIATES PA
Mission
TO PROVIDE HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS.
Program accomplishments
- TO PROVIDE HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS.
- TO PROVIDE HEALTH BENEFITS TO ELIGIBLE 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-6058341
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $45,728,020
- Income (IRS master file)
- $40,012,376
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $23,455,076 | $23,765,142 | $45,728,020 | XML |
| 990 | December 2023 | $21,550,746 | $21,739,521 | $46,072,746 | XML |
| 990 | December 2022 | $20,075,645 | $18,093,025 | $44,542,546 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 22-6058341).
Questions about TEAMSTERS INDUSTRIAL EMPLOYEES
- What is the EIN of TEAMSTERS INDUSTRIAL EMPLOYEES?
- The employer identification number (EIN) of TEAMSTERS INDUSTRIAL EMPLOYEES is 22-6058341.
- Is TEAMSTERS INDUSTRIAL EMPLOYEES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1965.
- Are donations to TEAMSTERS INDUSTRIAL EMPLOYEES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEAMSTERS INDUSTRIAL EMPLOYEES 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 INDUSTRIAL EMPLOYEES 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 INDUSTRIAL EMPLOYEES 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 INDUSTRIAL EMPLOYEES?
- The 990 for the year ended December 31, 2024 names ROBERT BLUMENFELD.
- Who are the officers and directors of TEAMSTERS INDUSTRIAL EMPLOYEES?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does TEAMSTERS INDUSTRIAL EMPLOYEES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $23,455,076, expenses of $23,765,142 and total assets of $45,728,020 at year end.
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