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Welfare Fund Of Local One Iatse

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$56.2M (2023)

Expenses
$40.4M (2023)

Total Assets
$49.3M (2023)

Total Liabilities
$5.72M (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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$56,242,245
Expenses
$40,419,244
Net Income
$15,823,001
Net Assets
$43,613,563
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $55,790,673
99.2%
Investment Income $1,024,745
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$573,173
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,336,606
Total Liabilities $5,723,043
Net Assets $43,613,563
Compensation
Key Employees and Officers Compensation Related Other
Robert Mcdonough (Trustee) $0 $0 $0
Michael Wekselblatt (Trustee) $0 $0 $0
Michael Caffrey (Trustee) $0 $0 $0
Christopher Brockmeyer (Trustee) $0 $0 $0
Diana Fortuna (Trustee) $0 $0 $0
Sean Quinn To 102022 (Trustee) $0 $0 $0
Todd A Palo Eff 102022 (Trustee) $0 $0 $0
Holly Ubilla (Dir Of Fund Adminisrtation) $0 $148,231 $46,692
Scott Cool To 062022 (Dir Of Fund Administration) $0 $138,461 $43,615
Gloria Shea (Welfare Supervisor) $0 $110,700 $34,871
Mariann Zappalla (Pe/An Supervisor) $0 $101,561 $31,992

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,899,688
Expenses
$34,482,560
Net Income
$10,417,128
Net Assets
$28,106,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $93,940
0.2%
Program Services $44,939,394
> 100%
Investment Income $405,261
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$538,907
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $33,199,049
Total Liabilities $5,092,774
Net Assets $28,106,275
Compensation
Key Employees and Officers Compensation Related Other
Robert Mcdonough (Trustee) $0 $0 $0
Michael Wekselblatt (Trustee Eff 06/2022) $0 $0 $0
Michael Caffrey Eff 062022 (Trustee) $0 $0 $0
James Jclaffey Jr To 052022 (Trustee) $0 $0 $0
Christopher Brockmeyer (Trustee) $0 $0 $0
Diana Fortuna (Trustee) $0 $0 $0
Sean Quinn (Trustee) $0 $0 $0
Robert Score To 052022 (Trustee) $0 $0 $0
Holly Ubilla Eff 062022 (Dir Of Fund Adminisrtation) $0 $0 $0
Scott Cool To 062022 (Dir Of Fund Administration) $0 $200,000 $63,000

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Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,755,061
Expenses
$45,550,829
Net Income
-$23,795,768
Net Assets
$18,732,054
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,611,472
81.0%
Investment Income $743,262
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,400,327
15.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $24,783,752
Total Liabilities $6,051,698
Net Assets $18,732,054
Compensation
Key Employees and Officers Compensation Related Other
James Jclaffey Jr (Trustee) $0 $0 $0
Robert Mcdonough (Trustee) $0 $0 $0
Robert Score (Trustee) $0 $0 $0
Christopher Brockmeyer (Trustee) $0 $0 $0
Sean Quinn (Trustee) $0 $0 $0
Diana Fortona Eff 52021 (Trustee) $0 $0 $0
Jill Boyd Thru 52021 (Trustee) $0 $0 $0
Scott Cool (Dir. Of Fund Administration) $0 $223,696 $70,465

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,264,020
Expenses
$50,661,068
Net Income
-$1,397,048
Net Assets
$49,915,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $41,099,288
83.4%
Investment Income $996,683
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,698,498
7.5%
Net Inventory Sales $0
Other Revenue $3,469,551
7.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,183,043
Total Liabilities $2,267,689
Net Assets $49,915,354
Compensation
Key Employees and Officers Compensation Related Other
James J Claffey Jr (Trustee/Co Chair) $0 $311,291 $89,205
Robert Mcdonough (Trustee) $0 $294,722 $87,487
Robert Score (Trustee) $0 $260,265 $79,310
Scott Cool (Dir.Of Fund Administration) $0 $244,012 $59,427
Christopher Brockmeyer (Trustee/Co Chair) $0 $0 $0
Jill Boyd (Trustee) $0 $0 $0
Sean Quinn (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$56,057,150
Expenses
$51,278,477
Net Income
$4,778,673
Net Assets
$53,169,486
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $50,948,840
90.9%
Investment Income $974,044
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $495,909
0.9%
Net Inventory Sales $0
Other Revenue $3,638,357
6.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,965,354
Total Liabilities $2,795,868
Net Assets $53,169,486
Compensation
Key Employees and Officers Compensation Related Other
Christopher Brockmeyer (Trustee) $0 $0 $0
James J Claffey Jr (Trustee) $0 $299,777 $86,592
Robert Mcdonough (Trustee) $0 $250,285 $76,786
Sean Quinn (Trustee) $0 $0 $0
Robert Score (Trustee) $0 $255,667 $76,340
Jill Boyd (Trustee) $0 $0 $0
Scott Cool (Dir.Of Fund Administration) $0 $229,623 $57,918

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Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,619,661
Expenses
$46,677,208
Net Income
$4,942,453
Net Assets
$46,805,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $47,903,448
92.8%
Investment Income $881,819
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $202,776
0.4%
Net Inventory Sales $0
Other Revenue $2,631,618
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $50,907,998
Total Liabilities $4,102,256
Net Assets $46,805,742
Compensation
Key Employees and Officers Compensation Related Other
Christopher Brockmeyer (Trustee) $0 $0 $0
James J Claffey Jr (Trustee) $0 $294,195 $84,082
Ann Marie Hackett (Trustee (Thru 1/31/2018)) $0 $0 $0
Robert Mcdonough (Trustee) $0 $245,955 $73,885
Sean Quinn (Trustee) $0 $0 $0
Robert Score (Trustee) $0 $252,058 $73,808
Jill Boyd (Trustee (Eff. 2/1/2018)) $0 $0 $0
Scott Cool (Dir.Of Fund Administration) $0 $219,077 $71,050

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Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,227,974
Expenses
$44,631,345
Net Income
$4,596,629
Net Assets
$43,035,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $45,396,805
92.2%
Investment Income $684,671
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,007,758
2.0%
Net Inventory Sales $0
Other Revenue $2,138,740
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,848,033
Total Liabilities $1,812,248
Net Assets $43,035,785
Compensation
Key Employees and Officers Compensation Related Other
Christopher Brockmeyer (Trustee) $0 $0 $0
James J Claffey Jr (Trustee) $0 $285,695 $77,138
Ann Marie Hackett (Trustee) $0 $0 $0
Robert Mcdonough (Trustee) $0 $243,026 $66,443
Sean Quinn (Trustee) $0 $0 $0
Robert Score (Trustee) $0 $247,848 $66,078
Scott Cool (Dir.Of Fund Administration) $0 $211,832 $71,429

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Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,408,693
Expenses
$43,942,374
Net Income
$2,466,319
Net Assets
$33,181,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $39,098,504
84.2%
Investment Income $555,549
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $483,941
1.0%
Net Inventory Sales $0
Other Revenue $6,270,699
13.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,427,003
Total Liabilities $5,245,036
Net Assets $33,181,967
Compensation
Key Employees and Officers Compensation Related Other
Scott Cool (Fund Administrator) $213,668 $0 $0
James J Claffey Jr (Trustee) $0 $284,796 $0
Robert Score (Trustee) $0 $241,534 $0
Robert Mcdonough (Trustee) $0 $247,528 $0
Cbrockmeyer (Trustee) $0 $0 $0
Ann Marie Hackett (Trustee) $0 $0 $0
Sean Quinn (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,822,617
Expenses
$47,994,489
Net Income
-$3,171,872
Net Assets
$29,611,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,217,715
80.8%
Investment Income $653,002
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,040,306
4.6%
Net Inventory Sales $0
Other Revenue $5,911,594
13.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,127,994
Total Liabilities $5,516,511
Net Assets $29,611,483
Compensation
Key Employees and Officers Compensation Related Other
Scott Cool (Fund Administrator) $200,237 $0 $0
James J Claffey Jr (Trustee) $0 $264,770 $0
Robert Score (Trustee) $0 $225,566 $0
Robert Mcdonough (Trustee) $0 $228,863 $0
Cbrockmeyer (Trustee) $0 $0 $0
Ann Marie Hackett (Trustee) $0 $0 $0
Sean Quinn (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,186,291
Expenses
$44,366,426
Net Income
-$2,180,135
Net Assets
$34,484,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $35,968,193
85.3%
Investment Income $621,336
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $990,633
2.3%
Net Inventory Sales $0
Other Revenue $4,606,129
10.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,895,283
Total Liabilities $5,411,013
Net Assets $34,484,270
Compensation
Key Employees and Officers Compensation Related Other
Scott Cool (Fund Administrator) $191,027 $0 $0
James J Claffey Jr (Trustee) $0 $248,721 $0
Robert Score (Trustee) $0 $217,970 $0
Robert Mcdonough (Trustee) $0 $215,470 $0
Cbrockmeyer (Trustee) $0 $0 $0
Ann Marie Hackett (Trustee) $0 $0 $0
Sean Quinn (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,880,918
Expenses
$40,344,297
Net Income
-$2,463,379
Net Assets
$35,664,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,132,681
84.8%
Investment Income $75,326
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,721,341
4.5%
Net Inventory Sales $0
Other Revenue $3,951,570
10.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,129,773
Total Liabilities $5,464,882
Net Assets $35,664,891

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,017,533
Expenses
$35,907,653
Net Income
-$890,120
Net Assets
$37,251,328
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,824,574
88.0%
Investment Income $405,315
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $79,360
0.2%
Net Inventory Sales $0
Other Revenue $3,708,284
10.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,443,021
Total Liabilities $3,191,693
Net Assets $37,251,328

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,964,338
Expenses
$34,133,606
Net Income
$1,830,732
Net Assets
$36,351,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,500,432
84.8%
Investment Income $929,855
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $890,193
2.5%
Net Inventory Sales $0
Other Revenue $3,643,858
10.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,861,157
Total Liabilities $3,509,757
Net Assets $36,351,400

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

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

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

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

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

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

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

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

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

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

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

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

Document Links

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.

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