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Nonprofit · EIN 38-6829766

LOCAL 7 TILE INDUSTRY WELFARE FUND TR

Also known as HILL CHARLES TTEE

Tax-exempt · NEW YORK, NY 10018

Financials

$26.7M$32.4M2023$29.2M$31.8M2024
Revenue Expenses · by fiscal year end
Financials of LOCAL 7 TILE INDUSTRY WELFARE FUND TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$29,192,380$31,757,168-$2,564,788$16,504,184$145,410$16,358,774
December 31, 2023990$26,713,465$32,389,095-$5,675,630$19,156,887$1,398,405$17,758,482
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$28,805,967
Investment income
$386,413
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$30,454,065
Salaries, compensation and benefits (total)
$163,630
Professional fundraising fees
$0
Legal fees
$201,146
Accounting fees
$50,850

Balance sheet and other

Total assets, start of year
$19,156,887
Total assets, end of year
$16,504,184
Total liabilities, end of year
$145,410
Net assets, end of year
$16,358,774
Publicly traded securities
$9,777,803
Gross receipts
$29,192,380
Employees
995
Volunteers
0
Year formed
2005
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM HILLTRUSTEE
Trustee or director
1$0
JOE GIORDANOTRUSTEE
Trustee or director
1$0
CHRISTOPHER AVALLONETRUSTEE
Trustee or director
1$0
PAURIE CURRISTINTRUSTEE
Trustee or director
1$0
BRANDON DARMSTADTERTRUSTEE
Trustee or director
1$0
JOSEPH ANDRIANOTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
WILLIAM HILLTRUSTEE
Trustee or director
1$0
JOE GIORDANOTRUSTEE
Trustee or director
1$0
WILLIAM RILEYTRUSTEE
Trustee or director
1$0
PAUL DEL TURCOTRUSTEE
Trustee or director
1$0
TIM GORMANTRUSTEE
Trustee or director
1$0
JOSEPH ANDRIANOTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1040 AVENUE OF THE AMERICAS, NEW YORK, NY 10018-3703
In care of
% DANIEL H COOK ASSOCIATES INC
Principal officer (990 for 2024)
KENNETH COOK, 1040 AVENUE OF THE AMERICAS 24TH FL, NEW YORK, NY 10018
Signed the 990
KENNETH COOK, ADMINISTRATOR
Phone
(212) 505-5050
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

THE LOCAL 7 TILE INDUSTRY WELFARE FUND WAS ORGANIZED FOR THE PRIMARY PURPOSE OF PROVIDING HEALTH/DEATH, AND SUPPLEMENTAL UNEMPLOYMENT,DISABILITY BENEFITS AND VACATION BENEFITS FOR ALL ELIGIBLE LOCAL#7 WELFARE FUND MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE LOCAL 7 TILE INDUSTRY WELFARE FUND WAS ORGANIZED FOR THE PRIMARY PURPOSE OF PROVIDING HEALTH/DEATH, AND SUPPLEMENTAL UNEMPLOYMENT,DISABILITY BENEFITS AND VACATION BENEFITS FOR ALL ELIGIBLE LOCAL#7 WELFARE FUND MEMBERS.

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
38-6829766
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,504,184
Income (IRS master file)
$29,192,380

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$29,192,380$31,757,168$16,504,184XML
990December 2023$26,713,465$32,389,095$19,156,887XML
990December 2022$33,957,189$33,526,914$23,274,077IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 38-6829766).

Questions about LOCAL 7 TILE INDUSTRY WELFARE FUND TR

What is the EIN of LOCAL 7 TILE INDUSTRY WELFARE FUND TR?
The employer identification number (EIN) of LOCAL 7 TILE INDUSTRY WELFARE FUND TR is 38-6829766.
Is LOCAL 7 TILE INDUSTRY WELFARE FUND TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2006.
Are donations to LOCAL 7 TILE INDUSTRY WELFARE FUND TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOCAL 7 TILE INDUSTRY WELFARE FUND TR 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 7 TILE INDUSTRY WELFARE FUND TR 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 LOCAL 7 TILE INDUSTRY WELFARE FUND TR 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 LOCAL 7 TILE INDUSTRY WELFARE FUND TR?
The 990 for the year ended December 31, 2024 names KENNETH COOK.
Who are the officers and directors of LOCAL 7 TILE INDUSTRY WELFARE FUND TR?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does LOCAL 7 TILE INDUSTRY WELFARE FUND TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $29,192,380, expenses of $31,757,168 and total assets of $16,504,184 at year end.

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