Nonprofit · EIN 36-6069119
TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND
Tax-exempt · PARK RIDGE, IL 60068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990 | $89,600,273 | $86,906,170 | $2,694,103 | $158,267,642 | $38,907,456 | $119,360,186 |
| February 29, 2024 | 990 | $89,916,090 | $74,028,928 | $15,887,162 | $138,847,011 | $30,208,186 | $108,638,825 |
| February 28, 2023 | 990 | $82,463,603 | $65,789,492 | $16,674,111 | $114,085,744 | $28,575,251 | $85,510,493 |
Financial details: 990 for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $84,440,716
- Investment income
- $5,153,831
- Net gain from sales of assets
- $1,321,031
- Other revenue
- $5,726
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $83,686,788
- Compensation of officers, directors and key employees
- $383,508
- Other salaries and wages
- $1,130,078
- Salaries, compensation and benefits (total)
- $2,254,600
- Professional fundraising fees
- $0
- Legal fees
- $212,713
- Accounting fees
- $43,430
- Occupancy
- $71,363
- Depreciation
- $142,941
Balance sheet and other
- Total assets, start of year
- $138,847,011
- Total assets, end of year
- $158,267,642
- Total liabilities, end of year
- $38,907,456
- Net assets, end of year
- $119,360,186
- Land, buildings and equipment
- $1,338,728
- Publicly traded securities
- $134,027,960
- Gross receipts
- $133,534,138
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1961
- State of legal domicile
- IL
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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN T COLI JR | TRUSTEE Trustee or director | 2.5 | $0 | $350,667 | $101,570 |
| ROBERT LAINO | FUND MANAGER Officer | 19 | $0 | $299,817 | $105,777 |
| THOMAS MARINO | EMPLOYEE Highest-paid employee | 27 | $0 | $313,257 | $81,065 |
| CALEEN CARTER-PATTON | TRUSTEE Trustee or director | 2.5 | $0 | $268,617 | $87,443 |
| ZACHARY FRANKENBACH | ASST FUND MANAGER Officer | 20 | $0 | $224,317 | $90,677 |
| BENEDICT AFFETTO | CFR Highest-paid employee | 22 | $0 | $190,682 | $83,950 |
| NICHOLAS MICALETTI | TRUSTEE Trustee or director | 2.5 | $0 | $185,268 | $74,441 |
| MELVIN PRYOR | CFR Highest-paid employee | 27 | $0 | $174,329 | $80,680 |
| BENJAMIN RODRIGUEZ | CFR Highest-paid employee | 27 | $0 | $173,675 | $80,549 |
| SCOTT JOHNSON | CFR Highest-paid employee | 31 | $0 | $173,020 | $80,418 |
| MICHAEL DEGARD | TRUSTEE Trustee or director | 2.5 | $0 | $156,992 | $69,925 |
| GREG YOUMANS | TRUSTEE Trustee or director | 11 | $38,325 | $69,975 | $0 |
| CARL TOMINBERG | TRUSTEE Trustee or director | 9 | $29,625 | $70,350 | $0 |
| ROBERT SHEEHY | TRUSTEE Trustee or director | 3 | $0 | $0 | $0 |
| JOHN MCCARTHY | TRUSTEE Trustee or director | 3 | $0 | $0 | $0 |
990 for the year ended February 29, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN T COLI JR | TRUSTEE Trustee or director | 2.5 | $0 | $388,531 | $111,418 |
| ROBERT LAINO | FUND MANAGER Officer | 22 | $0 | $265,036 | $96,583 |
| CALEEN CARTER-PATTON | TRUSTEE Trustee or director | 2.5 | $0 | $199,446 | $85,105 |
| ZACHARY FRANKENBACH | ASST FUND MANAGER Officer | 24 | $0 | $200,616 | $83,699 |
| BENEDICT AFFETTO | CFR Highest-paid employee | 24 | $0 | $182,224 | $80,021 |
| NICHOLAS MICALETTI | TRUSTEE Trustee or director | 2.5 | $0 | $171,725 | $78,474 |
| MELVIN PRYOR | CFR Highest-paid employee | 28 | $0 | $166,854 | $76,947 |
| SCOTT JOHNSON | CFR Highest-paid employee | 31 | $0 | $166,854 | $76,947 |
| THOMAS MARINO | EMPLOYEE Highest-paid employee | 25 | $0 | $162,187 | $76,013 |
| BENJAMIN RODRIGUEZ | CFR Highest-paid employee | 27 | $0 | $154,983 | $74,573 |
| MICHAEL DEGARD | TRUSTEE Trustee or director | 2.5 | $0 | $150,635 | $74,215 |
| GREG YOUMANS | TRUSTEE Trustee or director | 11 | $31,360 | $60,199 | $0 |
| CARL TOMINBERG | TRUSTEE Trustee or director | 12 | $26,609 | $57,302 | $0 |
| ROBERT SHEEHY | TRUSTEE Trustee or director | 3 | $0 | $0 | $0 |
| JOHN MCCARTHY | TRUSTEE Trustee or director | 3 | $0 | $0 | $0 |
990 for the year ended February 28, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN T COLI JR | TRUSTEE Trustee or director | 2.5 | $0 | $361,864 | $104,479 |
| ROBERT LAINO | FUND MANAGER Officer | 22 | $0 | $232,512 | $88,592 |
| ZACHARY FRANKENBACH | ASST FUND MANAGER Trustee or director, Officer | 24 | $0 | $168,515 | $75,793 |
| CALEEN CARTER-PATTON | TRUSTEE Trustee or director | 2.5 | $0 | $167,632 | $73,846 |
| BENEDICT AFFETTO | CFR Highest-paid employee | 24 | $0 | $166,020 | $75,294 |
| NICHOLAS MICALETTI | TRUSTEE Trustee or director | 2.5 | $0 | $153,730 | $72,949 |
| ROBERT MACARTHUR | CFR Highest-paid employee | 27 | $0 | $153,190 | $72,728 |
| MELVIN PRYOR | CFR Highest-paid employee | 28 | $0 | $153,190 | $72,728 |
| SCOTT JOHNSON | CFR Highest-paid employee | 31 | $0 | $153,190 | $72,728 |
| MICHAEL DEGARD | TRUSTEE Trustee or director | 2.5 | $0 | $139,099 | $69,993 |
| WILLIAM COLI | FUND MANAGER - FORMER Former | 18 | $0 | $124,478 | $49,357 |
| MICHAEL VENDAFREDDO | CFR Highest-paid employee | 25 | $0 | $100,432 | $62,176 |
| GREG YOUMANS | TRUSTEE Trustee or director | 11 | $36,228 | $56,921 | $0 |
| CARL TOMINBERG | TRUSTEE Trustee or director | 12 | $25,692 | $54,625 | $0 |
| ROBERT SHEEHY | TRUSTEE Trustee or director | 3 | $0 | $0 | $0 |
| JOHN MCCARTHY | TRUSTEE Trustee or director | 3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1300 HIGGINS RD STE 303, PARK RIDGE, IL 60068-5766
- Principal officer (990 for 2024)
- JOHN T COLI JR, 1300 W HIGGINS ROAD 303, PARK RIDGE, IL 60068
- Signed the 990
- JOHN T COLI JR, TRUSTEE
- Phone
- (773) 685-0340
- Return prepared by
- LEGACY PROFESSIONALS LLP
Mission
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Program accomplishments
- PROVIDE HEALTH AND WELFARE BENEFITS TO ALL 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 February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 36-6069119
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1962
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $158,267,642
- Income (IRS master file)
- $133,534,138
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2025 | $89,600,273 | $86,906,170 | $158,267,642 | XML |
| 990 | February 2024 | $89,916,090 | $74,028,928 | $138,847,011 | XML |
| 990 | February 2023 | $82,463,603 | $65,789,492 | $114,085,744 | XML |
| 990 | February 2022 | $71,201,668 | $60,889,739 | $101,180,373 | IRS |
| 990 | February 2021 | – | – | – | IRS |
| 990 | February 2020 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | IRS |
| 990 | February 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 36-6069119).
Questions about TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND
- What is the EIN of TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND?
- The employer identification number (EIN) of TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND is 36-6069119.
- Is TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1962.
- Are donations to TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEAMSTERS LOCAL UNION NO 727 HEALTH AND 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 UNION NO 727 HEALTH AND WELFARE FUND due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2025.
- Who is the principal officer of TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND?
- The 990 for the year ended February 28, 2025 names JOHN T COLI JR.
- Who are the officers and directors of TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND?
- The 990 for the year ended February 28, 2025 lists 15 people; 2 received compensation from the organization.
- How much revenue does TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND have?
- On its 990 for the year ended February 28, 2025 it reported revenue of $89,600,273, expenses of $86,906,170 and total assets of $158,267,642 at year end.
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