Teamsters Local Union 122 Health And Welfare Fund
- Assets
- $214.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dorchester, MA
- Founding
- 03/1972
- Data as of
- 07/2023
- EIN
- 23-7140192
Organization Overview
Teamsters Local Union 122 Health And Welfare Fund is located in Dorchester, MA. The organization was established in 1972. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamsters Local Union 122 Health And 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 07/2023, Teamsters Local Union 122 Health And Welfare Fund generated $107.0 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 (25.3%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE BEST HEALTH COVERAGE FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Murphy Trustee | 1 | $0 | |
Carmine Martignetti Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $107 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,851 |
| Other assets | $0 |
| Total assets | $214,851 |
| Total liabilities | $10,800 |
| Net assets or fund balances | $204,051 |