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Nonprofit · EIN 51-0244401

ROOFERS LOCAL 241 INSURANCE FUND

Tax-exempt · ALBANY, NY 12206

Financials

$3.4M$3.1M2022$3.8M$3.5M2023$3.5M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of ROOFERS LOCAL 241 INSURANCE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,511,723$3,270,556$241,167$3,507,434$0$3,507,434
June 30, 2024990$3,783,238$3,507,840$275,398$3,202,219$0$3,202,219
June 30, 2023990$3,447,396$3,141,925$305,471$2,874,204$1,186$2,873,018
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,390,325
Investment income
$121,398
Net gain from sales of assets
$17,956
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,882,653
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$12,475
Accounting fees
$19,624
Occupancy
$5,520
Program services (functional)
$2,882,653
Management and general (functional)
$387,903

Balance sheet and other

Total assets, start of year
$3,202,219
Total assets, end of year
$3,507,434
Total liabilities, end of year
$0
Net assets, end of year
$3,507,434
Publicly traded securities
$2,371,303
Net assets without donor restrictions
$751,127
Net assets with donor restrictions
$2,756,307
Gross receipts
$4,269,811
Employees
8
Volunteers
0
Year formed
1967
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
MICHAEL ROSSITRUSTEE
Trustee or director
1$0$83,824
WILLIAM CREAMERTRUSTEE
Trustee or director
1$889$0
ANTHONY PAZMINOTRUSTEE
Trustee or director
1$0$0
BOB FARRELLTRUSTEE
Trustee or director
1$0$0
TODD HELFRICHTRUSTEE
Trustee or director
1$0$0
STEPHEN O'SICKTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgs
MICHAEL ROSSITRUSTEE
Trustee or director
1$0$80,184
WILLIAM CREAMERTRUSTEE
Trustee or director
1$1,402$2,655
STEVEN SAWYERTRUSTEE (FORMER)
Trustee or director
1$820$2,270
DAVID WESCOTTTRUSTEE (FORMER)
Trustee or director
1$308$0
ANTHONY PAZMINOTRUSTEE
Trustee or director
1$0$0
BOB FARRELLTRUSTEE
Trustee or director
1$0$0
TODD HELFRICHTRUSTEE
Trustee or director
1$0$0
STEPHEN O'SICKTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
MICHAEL ROSSITRUSTEE
Trustee or director
1$0$80,184
STEVEN SAWYERTRUSTEE
Trustee or director
1$13,248$2,270
MARCUS HARRISTRUSTEE
Trustee or director
1$1,610$1,654
ANTHONY PAZMINOTRUSTEE
Trustee or director
1$0$0
BOB FARRELLTRUSTEE
Trustee or director
1$0$0
TODD HELFRICHTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
890 THIRD STREET, ALBANY, NY 12206-1626
Principal officer (990 for 2024)
MICHAEL ROSSI, 890 THIRD STREET, ALBANY, NY 12206
Signed the 990
MICHAEL ROSSI, TRUSTEE
Phone
(518) 489-3919
Return prepared by
D'ARCANGELO & CO LLP

Mission

SEE BELOW

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE DEATH, DISABILITY, HOSPITALIZATION, MEDICAL AND SURGICAL, VACATION, HEALTH CARE ASSISTANCE AND OTHER BENEFITS TO PARTICIPANTS AND THEIR DEPENDANTS.
    Expenses $2,882,653

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
51-0244401
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,507,434
Income (IRS master file)
$4,269,811

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,511,723$3,270,556$3,507,434XML
990June 2024$3,783,238$3,507,840$3,202,219IRS
990June 2023$3,447,396$3,141,925$2,874,204XML
990June 2022$2,802,036$2,544,885$2,559,867IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 51-0244401).

Questions about ROOFERS LOCAL 241 INSURANCE FUND

What is the EIN of ROOFERS LOCAL 241 INSURANCE FUND?
The employer identification number (EIN) of ROOFERS LOCAL 241 INSURANCE FUND is 51-0244401.
Is ROOFERS LOCAL 241 INSURANCE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1971.
Are donations to ROOFERS LOCAL 241 INSURANCE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ROOFERS LOCAL 241 INSURANCE 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 ROOFERS LOCAL 241 INSURANCE FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROOFERS LOCAL 241 INSURANCE FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ROOFERS LOCAL 241 INSURANCE FUND?
The 990 for the year ended June 30, 2025 names MICHAEL ROSSI.
Who are the officers and directors of ROOFERS LOCAL 241 INSURANCE FUND?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization.
How much revenue does ROOFERS LOCAL 241 INSURANCE FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,511,723, expenses of $3,270,556 and total assets of $3,507,434 at year end.

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