Atu Local 726 Benefits Fund

Organization Overview

Atu Local 726 Benefits Fund is located in Staten Island, NY. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atu Local 726 Benefits 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, Atu Local 726 Benefits Fund generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 6 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 501(C)(9)BENEFITS TO ATU LOCAL 726 BENEFIT FUND PARTICIANTS. BENEFITS INCLUDE DENTAL, VISION AND LIFE INSURANCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE FUND IS TO PROVIDE DENTAL, VISION, LIFE INSURANCE AND OTHER SUCH BENEFITS TO PARTICIPANTS HAVING A COLLECTIVE BARGAINING AGREEMENT WITH ATU LOCAL 726 WHICH REPRESENTS WORKERS EMPLOYED BY NEW YORK CITY TRANSIT AUTHORITY.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Cassella
Trustee
$0
Thomas Carney
Trustee
$0
Thomas Mason
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$1,263,120
Investment income $5,507
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,268,627

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