New England Joint Board Health And Welfare Fund Retail Wholesale & De is located in Leominster, MA. The organization was established in 1959. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 05/2023, New England Joint Board Health And Welfare Fund Retail Wholesale & DE employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Joint Board Health And Welfare Fund Retail Wholesale & DE is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 05/2023, New England Joint Board Health And Welfare Fund Retail Wholesale & DE generated $151.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $180.8k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HOSPITALIZATION, DENTAL, LIFE INSURANCE AND OTHER MEDICAL BENEFITS AND INSURANCE COVERAGE TO ELIGIBLE PARTICIPANTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Buonaugurio Chairperson | 0 | $0 | |
Philip D'arcangelo Trustee | 0 | $0 | |
Tayla Salter Administrator | 10 | $0 | |
Jennifer Cormier Trustee | 0 | $0 | |
Matt Jacobson Trustee | 0 | $0 | |
Mark Cafarella Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $141,010 |
| Membership dues | $0 |
| Investment income | $3,350 |
| Gain or Loss | $7,026 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,386 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $145,880 |
| Salaries, other compensation, and employee benefits | $13,176 |
| Professional fees and other payments to independent contractors | $3,800 |
| Occupancy, rent, utilities, and maintenance | $8,321 |
| Printing, publications, postage, and shipping | $682 |
| Other expenses | $8,986 |
| Total expenses | $180,845 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,335 |
| Other assets | $0 |
| Total assets | $136,598 |
| Total liabilities | $4,008 |
| Net assets or fund balances | $132,590 |