Yonkers Federation Of Teachers Welfare Fund

Organization Overview

Yonkers Federation Of Teachers Welfare Fund is located in Yonkers, NY. The organization was established in 1996. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Yonkers Federation Of Teachers Welfare Fund employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yonkers Federation Of Teachers Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Yonkers Federation Of Teachers Welfare Fund generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH AND OTHER BENEFITS TO COVERED PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED HEALTH AND OTHER BENEFITS TO COVERED PARTICIPANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Georgia Demuro
Fund Administrator
$127,952
Nancy Ciraldo
Trustee
$5,906
Samantha Rosado-Ciriello
Trustee
$0
Kara Popiel
Trustee
$0
Jane Wermuth
Trustee
$0
Bryan Boyd
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,085,424
Investment income $92,174
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,872
Net Gain/Loss on Asset Sales $1,941
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,185,515

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