Nonprofit · EIN 22-6062063
LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY
Also known as BOARD OF TRUSTEES
Tax-exempt · BROOKLYN, NY 11234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $25,467,794 | $29,108,183 | -$3,640,389 | $6,107,164 | $4,615,204 | $1,491,960 |
| July 31, 2024 | 990 | $28,895,038 | $30,833,394 | -$1,938,356 | $11,196,784 | $5,001,000 | $6,195,784 |
| July 31, 2023 | 990 | $29,661,994 | $32,981,642 | -$3,319,648 | $12,924,279 | $4,936,494 | $7,987,785 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $23,869,970
- Investment income
- $1,597,824
- Net gain from sales of assets
- $1,422,293
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $28,207,856
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $67,403
- Accounting fees
- $131,738
Balance sheet and other
- Total assets, start of year
- $11,196,784
- Total assets, end of year
- $6,107,164
- Total liabilities, end of year
- $4,615,204
- Net assets, end of year
- $1,491,960
- Publicly traded securities
- $2,757,853
- Gross receipts
- $36,125,066
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1954
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES KANE | TRUSTEE Trustee or director | 2 | $0 | $116,600 | $50,060 |
| DENNIS MCGUIRE | TRUSTEE Trustee or director | 2 | $2,000 | $2,000 | $0 |
| DANIEL KANE SR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN WAGNER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended July 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES KANE | TRUSTEE Trustee or director | 2 | $0 | $116,600 | $50,060 |
| DANIEL KANE SR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN WAGNER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DENNIS MCGUIRE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended July 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES KANE | TRUSTEE Trustee or director | 2 | $0 | $116,990 | $52,832 |
| DANIEL KANE SR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JEFFREY KELLY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DENNIS MCGUIRE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2137 UTICA AVE, BROOKLYN, NY 11234-3827
- In care of
- % UTF
- Principal officer (990 for 2024)
- JAMES KANE, 2137 UTICA AVE, BROOKLYN, NY 11234
- Signed the 990
- JAMES KANE, TRUSTEE
- Phone
- (718) 859-2326
- Return prepared by
- CALIBRE CPA GROUP PLLC
Mission
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Program accomplishments
- THE PLAN PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS 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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 22-6062063
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,107,164
- Income (IRS master file)
- $36,125,066
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $25,467,794 | $29,108,183 | $6,107,164 | XML |
| 990 | July 2024 | $28,895,038 | $30,833,394 | $11,196,784 | IRS |
| 990 | July 2023 | $29,661,994 | $32,981,642 | $12,924,279 | XML |
| 990 | July 2022 | $26,199,989 | $30,613,148 | $17,424,618 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 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 22-6062063).
Questions about LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY
- What is the EIN of LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY?
- The employer identification number (EIN) of LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY is 22-6062063.
- Is LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1965.
- Are donations to LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY 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 LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY?
- The 990 for the year ended July 31, 2025 names JAMES KANE.
- Who are the officers and directors of LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY?
- The 990 for the year ended July 31, 2025 lists 4 people; 1 received compensation from the organization.
- How much revenue does LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $25,467,794, expenses of $29,108,183 and total assets of $6,107,164 at year end.
Other nonprofits in BROOKLYN
- BOEING COMPANY VEBA MASTER TRUST EIN 11-3601529 · last filed 990 for 2024
- MAIMONIDES MEDICAL CENTER- EIN 11-1635081 · last filed 990 for 2024
- IBM CORP MEDICAL & DENTAL BENEFITS PLAN TR P92435 EIN 13-3017999 · last filed 990 for 2025
- BROOKDALE HOSPITAL MEDICAL CENTER EIN 11-1631746 · last filed 990 for 2024
- NEW YORK-PRESBYTERIAN BROOKLYN METHODIST EIN 11-1631796 · last filed 990 for 2022
- THE BROOKLYN HOSPITAL CENTER EIN 11-1630755 · last filed 990 for 2024
- THE OJC FUND EIN 11-3618879 · last filed 990 for 2025
- WYCKOFF HEIGHTS MEDICAL CENTER EIN 11-1631837 · last filed 990 for 2024