Local 298 Health Benefit Fund Ii

Valley Stream, NY
Tax-exempt since July 1958
EIN: 11-1955915

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(9) Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Revenue

$3.8M (2023)

Expenses

$3.8M (2023)

Total Assets

$3.4M (2023)

Total Liabilities

$535k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2023

Revenue

$3,803,578

Expenses

$3,797,619

Net Income

$5,959

Net Assets

$2,861,533

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,765,149	99.0%
Investment Income	$64,025	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$25,596

Notable Expenses		Percent of Total Expenses
Executive Compensation	$178,345	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$164,654	4.3%

Assets/Debt
Total Assets	$3,396,034
Total Liabilities	$534,501
Net Assets	$2,861,533

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$163,115	$0	$32,500
Joseph Giovinco (Trustee/Fund Employee)	$12,230	$0	$2,500
Ralph Mascolo (Trustee)	$3,000	$0	$0

990

Filed on May 31, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending July
2022

Revenue

$3,852,311

Expenses

$3,671,232

Net Income

$181,079

Net Assets

$2,861,533

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,955,999	> 100%
Investment Income	$64,550	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$168,238

Notable Expenses		Percent of Total Expenses
Executive Compensation	$205,908	5.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$130,656	3.6%

Assets/Debt
Total Assets	$3,226,632
Total Liabilities	$365,099
Net Assets	$2,861,533

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$185,707	$0	$0
Joseph Giovinco (Trustee/Fund Employee)	$20,201	$0	$0
Ralph Mascolo (Trustee)	$0	$0	$0

990

Filed on May 11, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

View Filing (2 of 2)

Fiscal Year Ending July
2021

Revenue

$4,460,186

Expenses

$4,321,788

Net Income

$138,398

Net Assets

$2,680,454

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,150,083	93.0%
Investment Income	$59,096	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$251,007	5.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$205,381	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$94,619	2.2%

Assets/Debt
Total Assets	$3,667,434
Total Liabilities	$986,980
Net Assets	$2,680,454

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$186,741	$0	$25,000
Joseph Giovinco (Trustee/Fund Employee)	$18,640	$0	$2,500
Ralph Mascolo (Trustee)	$0	$0	$0

990

Filed on Oct. 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2020

Revenue

$4,593,117

Expenses

$4,138,263

Net Income

$454,854

Net Assets

$3,336,798

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,377,512	95.3%
Investment Income	$2,096	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$213,509	4.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$197,407	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$87,432	2.1%

Assets/Debt
Total Assets	$3,666,623
Total Liabilities	$329,825
Net Assets	$3,336,798

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$177,719	$175,525	$36,000
Joseph Giovinco (Trustee/Fund Employee)	$19,688	$94,400	$11,500
Ralph Mascolo (Trustee)	$0	$0	$0

990

Filed on May 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

View Filing (2 of 2)

Fiscal Year Ending July
2019

Revenue

$4,431,770

Expenses

$4,350,821

Net Income

$80,949

Net Assets

$2,881,944

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,244,782	95.8%
Investment Income	$67,388	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$119,600	2.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$181,250	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$96,525	2.2%

Assets/Debt
Total Assets	$3,236,081
Total Liabilities	$354,137
Net Assets	$2,881,944

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$160,950	$191,690	$68,500
Joseph Giovinco (Trustee/Fund Employee)	$20,300	$220,400	$39,750
Mark Abramowitz (Trustee)	$0	$0	$0

990

Filed on July 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2018

Revenue

$4,235,567

Expenses

$3,359,782

Net Income

$875,785

Net Assets

$2,800,995

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,143,831	97.8%
Investment Income	$46,598	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$45,138	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$181,250	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$67,808	2.0%

Assets/Debt
Total Assets	$3,539,424
Total Liabilities	$738,429
Net Assets	$2,800,995

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$160,950	$191,690	$68,500
Joseph Giovinco (Trustee/Fund Employee)	$20,300	$220,400	$39,750
Mark Abramowitz (Trustee)	$0	$0	$0

990

Filed on June 27, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2017

Revenue

$4,260,993

Expenses

$4,227,512

Net Income

$33,481

Net Assets

$1,925,210

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,201,240	98.6%
Investment Income	$3,858	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$55,895	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$190,704	4.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$64,472	1.5%

Assets/Debt
Total Assets	$2,654,060
Total Liabilities	$728,850
Net Assets	$1,925,210

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor La Greca (Fund Mgr.)	$166,960	$185,680	$33,392
Joseph Giovinco (Trustee/Fund Employee)	$23,744	$315,756	$4,748
Mark Abramowitz (Trustee)	$0	$0	$0

990

Filed on May 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2016

Revenue

$3,937,943

Expenses

$3,481,520

Net Income

$456,423

Net Assets

$1,891,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,849,190	97.7%
Investment Income	$14,741	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$74,012	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$160,900	4.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$53,410	1.5%

Assets/Debt
Total Assets	$2,331,039
Total Liabilities	$439,310
Net Assets	$1,891,729

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor La Greca (Fund Mgr.)	$160,945	$0	$13,100
Joseph Giovinco (Trustee/Fund Employee)	$21,945	$0	$2,300
Mark Abramowitz (Trustee)	$0	$0	$0

990

Filed on Aug. 5, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2015

Revenue

$3,314,361

Expenses

$3,386,346

Net Income

-$71,985

Net Assets

$1,435,306

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,277,809	98.9%
Investment Income	$14,064	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$22,488	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$182,895	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$57,105	1.7%

Assets/Debt
Total Assets	$1,740,663
Total Liabilities	$305,357
Net Assets	$1,435,306

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$160,905	$188,385	$28,524
Joseph Giovinco (Trustee/Fund Employee)	$21,945	$234,555	$28,383
Mark Abramowitz (Trustee)	$0	$0	$0

990

Filed on Aug. 5, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2014

Revenue

$3,149,856

Expenses

$3,013,215

Net Income

$136,641

Net Assets

$1,507,291

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,041,921	96.6%
Investment Income	$12,075	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$95,860	3.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$180,120	6.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$60,559	2.0%

Assets/Debt
Total Assets	$1,822,628
Total Liabilities	$315,337
Net Assets	$1,507,291

Compensation

Key Employees and Officers	Compensation	Related	Other
Victor Lagreca (Fund Mgr.)	$158,175	$188,385	$28,524
Joseph Giovinco (Trustee/Fund Employee)	$21,945	$234,555	$28,383
Mark Abramowitz (Trustee)	$0	$0	$0

990

Filed on July 21, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2013

Revenue

$2,517,381

Expenses

$2,659,037

Net Income

-$141,656

Net Assets

$1,501,922

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,686,650	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$169,269

Notable Expenses		Percent of Total Expenses
Executive Compensation	$195,425	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$56,946	2.1%

Assets/Debt
Total Assets	$1,661,407
Total Liabilities	$159,485
Net Assets	$1,501,922

990

Filed on March 17, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2012

Revenue

$2,561,293

Expenses

$2,868,580

Net Income

-$307,287

Net Assets

$1,643,578

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,522,077	98.5%
Investment Income	$20,811	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$493	0.0%
Net Inventory Sales	$0
Other Revenue	$17,912	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$175,935	6.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$50,075	1.7%

Assets/Debt
Total Assets	$1,803,063
Total Liabilities	$159,485
Net Assets	$1,643,578

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2011

Revenue

$2,471,349

Expenses

$2,511,933

Net Income

-$40,584

Net Assets

$1,658,121

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,416,958	97.8%
Investment Income	$28,032	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$26,359	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$168,280	6.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$46,475	1.9%

Assets/Debt
Total Assets	$2,110,350
Total Liabilities	$452,229
Net Assets	$1,658,121

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending July
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Local 298 Health Benefit Fund Ii

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.8M (2023)

Expenses $3.8M (2023)

Total Assets $3.4M (2023)

Total Liabilities $535k (2023)

Tax Filings by Year

Fiscal Year Ending July 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending July 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending July 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending July 2011

Revenue

$3.8M (2023)

Expenses

$3.8M (2023)

Total Assets

$3.4M (2023)

Total Liabilities

$535k (2023)

Fiscal Year Ending July
2023

Fiscal Year Ending July
2022

Fiscal Year Ending July
2021

Fiscal Year Ending July
2020

Fiscal Year Ending July
2019

Fiscal Year Ending July
2018

Fiscal Year Ending July
2017

Fiscal Year Ending July
2016

Fiscal Year Ending July
2015

Fiscal Year Ending July
2014

Fiscal Year Ending July
2013

Fiscal Year Ending July
2012

Fiscal Year Ending July
2011

Fiscal Year Ending July
2010

Fiscal Year Ending July
2009

Fiscal Year Ending July
2008

Fiscal Year Ending July
2007

Fiscal Year Ending July
2006

Fiscal Year Ending June
2005

Fiscal Year Ending July
2004