New York City Local 246 S E I U Retirees Welfare Benefits Fund

New York, NY
Tax-exempt since March 1996
EIN: 13-2864287

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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.

Donations to this organization are not tax deductible.

Revenue

$3.09M (2024)

Expenses

$2.91M (2024)

Total Assets

$6.63M (2024)

Total Liabilities

$712k (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Revenue

$3,087,803

Expenses

$2,906,229

Net Income

$181,574

Net Assets

$5,920,477

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,860,892	60.3%
Investment Income	$235,222	7.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$19,510	0.6%
Net Inventory Sales	$0
Other Revenue	$972,179	31.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,276	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,632,121
Total Liabilities	$711,644
Net Assets	$5,920,477

Compensation

Key Employees and Officers	Compensation	Related	Other
Thomas Graziano (Trustee)	$2,276	$0	$0
Dominic Bavaro (Trustee)	$0	$0	$0
Mark Bardes (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0

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990

Filed on Oct. 29, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$2,624,876

Expenses

$3,051,841

Net Income

-$426,965

Net Assets

$5,875,195

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,878,406	71.6%
Investment Income	$211,316	8.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$23,716
Net Inventory Sales	$0
Other Revenue	$558,870	21.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,472	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,172,596
Total Liabilities	$297,401
Net Assets	$5,875,195

Compensation

Key Employees and Officers	Compensation	Related	Other
Anthony Reyes (Trustee)	$1,736	$0	$0
Jason Vetter (Trustee)	$1,736	$0	$0
Dominic Bavaro (Trustee)	$0	$0	$0
Mark Bardes (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0

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990

Filed on July 30, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$2,314,279

Expenses

$2,906,889

Net Income

-$592,610

Net Assets

$5,950,677

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,027,252	87.6%
Investment Income	$262,691	11.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$573,502
Net Inventory Sales	$0
Other Revenue	$597,838	25.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,736	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,261,910
Total Liabilities	$311,233
Net Assets	$5,950,677

Compensation

Key Employees and Officers	Compensation	Related	Other
Anthony Reyes (Trustee)	$1,736	$0	$0
Dominic Bavaro (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0
Mark Bardes (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0

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990

Filed on July 19, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$3,187,109

Expenses

$2,752,924

Net Income

$434,185

Net Assets

$7,128,737

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,980,883	62.2%
Investment Income	$335,258	10.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$494,963	15.5%
Net Inventory Sales	$0
Other Revenue	$376,005	11.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$7,378,826
Total Liabilities	$250,089
Net Assets	$7,128,737

Compensation

Key Employees and Officers	Compensation	Related	Other
Dominic Bavaro (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
Mark Bardes (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on Sept. 14, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$3,324,041

Expenses

$2,447,911

Net Income

$876,130

Net Assets

$7,183,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,009,544	60.5%
Investment Income	$177,267	5.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$306,482	9.2%
Net Inventory Sales	$0
Other Revenue	$830,748	25.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,736	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$7,360,900
Total Liabilities	$177,042
Net Assets	$7,183,858

Compensation

Key Employees and Officers	Compensation	Related	Other
Peter Tucci (Trustee)	$1,736	$0	$0
Mark Bardes (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on June 23, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$2,667,829

Expenses

$2,551,875

Net Income

$115,954

Net Assets

$5,820,012

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,104,819	78.9%
Investment Income	$177,864	6.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$54,132
Net Inventory Sales	$0
Other Revenue	$439,278	16.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,003,981
Total Liabilities	$183,969
Net Assets	$5,820,012

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Bardes (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on Nov. 5, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$2,825,398

Expenses

$2,338,890

Net Income

$486,508

Net Assets

$4,975,666

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,073,115	73.4%
Investment Income	$169,316	6.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$170,285	6.0%
Net Inventory Sales	$0
Other Revenue	$412,682	14.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,612	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$5,165,615
Total Liabilities	$189,949
Net Assets	$4,975,666

Compensation

Key Employees and Officers	Compensation	Related	Other
Peter Tucci (Trustee)	$1,612	$0	$0
Mark Bardes (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
James Grillo (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on Sept. 10, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$2,356,585

Expenses

$2,115,794

Net Income

$240,791

Net Assets

$5,291,118

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,910,867	81.1%
Investment Income	$189,358	8.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$15,991
Net Inventory Sales	$0
Other Revenue	$272,351	11.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$5,505,714
Total Liabilities	$214,596
Net Assets	$5,291,118

Compensation

Key Employees and Officers	Compensation	Related	Other
Jack Minerva (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
James Grillo (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on Aug. 9, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$2,098,440

Expenses

$2,203,650

Net Income

-$105,210

Net Assets

$4,518,646

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,940,750	92.5%
Investment Income	$114,486	5.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$219,138
Net Inventory Sales	$0
Other Revenue	$262,342	12.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,817	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,708,835
Total Liabilities	$190,189
Net Assets	$4,518,646

Compensation

Key Employees and Officers	Compensation	Related	Other
Joseph Colangelo (Trustee/Admin)	$1,565	$0	$0
Jack Minerva (Trustee)	$1,252	$0	$0
Wayne Esposito (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Michael Faix (Trustee)	$0	$0	$0
Jason Vetter (Trustee)	$0	$0	$0
Peter Tucci (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
James Grillo (Trustee)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on July 19, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$2,150,204

Expenses

$2,194,381

Net Income

-$44,177

Net Assets

$4,497,381

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,819,734	84.6%
Investment Income	$116,322	5.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$39,078
Net Inventory Sales	$0
Other Revenue	$253,226	11.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,668,667
Total Liabilities	$171,286
Net Assets	$4,497,381

Compensation

Key Employees and Officers	Compensation	Related	Other
Wayne Esposito (Trustee)	$0	$0	$0
Jack Minerva (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Michael Faix (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
James Grillo (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0
Anthony Reyes (Trustee)	$0	$0	$0

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990

Filed on Aug. 2, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$2,381,228

Expenses

$1,862,634

Net Income

$518,594

Net Assets

$4,714,701

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,741,664	73.1%
Investment Income	$178,593	7.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$172,393	7.2%
Net Inventory Sales	$0
Other Revenue	$288,578	12.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,504	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,867,383
Total Liabilities	$152,682
Net Assets	$4,714,701

Compensation

Key Employees and Officers	Compensation	Related	Other
James Grillo (Trustee)	$1,752	$0	$0
Anthony Reyes (Trustee)	$1,752	$0	$0
Wayne Esposito (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0

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990

Filed on July 15, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$1,961,717

Expenses

$1,646,687

Net Income

$315,030

Net Assets

$4,340,671

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,672,939	85.3%
Investment Income	$93,330	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,607	0.2%
Net Inventory Sales	$0
Other Revenue	$190,841	9.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,460	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,494,868
Total Liabilities	$154,197
Net Assets	$4,340,671

Compensation

Key Employees and Officers	Compensation	Related	Other
Anthony Reyes (Trustee)	$1,460	$0	$0
Wayne Esposito (Trustee)	$0	$0	$0
Thomas Graziano (Trustee)	$0	$0	$0
Raymond Schacor (Trustee)	$0	$0	$0
Charles Pastorelli (Trustee)	$0	$0	$0
James Grillo (Trustee)	$0	$0	$0
Joseph Colangelo (Trustee/Admin)	$0	$0	$0

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990

Filed on Aug. 5, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$2,050,103

Expenses

$1,806,501

Net Income

$243,602

Net Assets

$4,031,139

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,637,268	79.9%
Investment Income	$96,680	4.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,447	0.8%
Net Inventory Sales	$0
Other Revenue	$299,708	14.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,212	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,218,648
Total Liabilities	$187,509
Net Assets	$4,031,139

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,958,553

Expenses

$1,641,645

Net Income

$316,908

Net Assets

$3,694,144

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,576,838	80.5%
Investment Income	$102,524	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$48,254	2.5%
Net Inventory Sales	$0
Other Revenue	$230,937	11.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,460	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,939,541
Total Liabilities	$245,397
Net Assets	$3,694,144

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

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New York City Local 246 S E I U Retirees Welfare Benefits Fund

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.09M (2024)

Expenses $2.91M (2024)

Total Assets $6.63M (2024)

Total Liabilities $712k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

Revenue

$3.09M (2024)

Expenses

$2.91M (2024)

Total Assets

$6.63M (2024)

Total Liabilities

$712k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004