Teamsters Local 806 Legal Services Fund is located in Brooklyn, NY. The organization was established in 1999. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamsters Local 806 Legal Services Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2023, Teamsters Local 806 Legal Services Fund generated $55.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 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
PROVIDING LEGAL SERVICES TO ELIGIBLE UNION MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Marino Trustee | 1 | $0 | |
Dennis Mcguire Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,178 |
| Membership dues | $0 |
| Investment income | $1,001 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,179 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30,264 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,998 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,112 |
| Total expenses | $57,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,235 |
| Other assets | $0 |
| Total assets | $108,718 |
| Total liabilities | $7,500 |
| Net assets or fund balances | $101,218 |