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I B Of T Welfare Fund 945

  • Wayne, NJ
  • Tax-exempt since July 1961
  • EIN: 22-1644608

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
$35.5M (2023)

Expenses
$34M (2023)

Total Assets
$28.3M (2023)

Total Liabilities
$373k (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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,509,841
Expenses
$33,975,667
Net Income
$1,534,174
Net Assets
$27,922,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,284,043
96.5%
Investment Income $1,196,151
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$118,260
Net Inventory Sales $0
Other Revenue $147,907
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $100,959
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $219,473
0.6%
Assets/Debt
Total Assets $28,296,211
Total Liabilities $373,398
Net Assets $27,922,813
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $100,959 $38,432 $34,960
David Baumann (Trustee) $0 $155,127 $78,543
Paxton Ryan (Trustee) $0 $147,368 $69,938
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Tony Manhertz (Trustee) $0 $0 $0
Michael Geib (Trustee) $0 $147,368 $78,372
+ View more people

Document Links

990
Filed on Nov. 11, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,086,032
Expenses
$29,398,752
Net Income
$687,280
Net Assets
$26,056,593
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,709,497
98.7%
Investment Income $731,448
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$391,681
Net Inventory Sales $0
Other Revenue $36,768
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $97,490
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $196,533
0.7%
Assets/Debt
Total Assets $26,184,107
Total Liabilities $127,514
Net Assets $26,056,593
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $97,490 $37,913 $33,489
David Baumann (Trustee) $0 $134,374 $80,310
Paxton Ryan (Trustee) $0 $134,375 $71,730
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Edward Manhertz (Trustee) $0 $0 $0
Michael Geib (Trustee) $0 $127,340 $78,545
+ View more people

Document Links

990
Filed on Nov. 8, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,085,020
Expenses
$27,060,005
Net Income
$25,015
Net Assets
$26,912,370
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,186,227
96.7%
Investment Income $726,389
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$23,375
Net Inventory Sales $0
Other Revenue $195,779
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $90,138
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $186,535
0.7%
Assets/Debt
Total Assets $27,093,435
Total Liabilities $181,065
Net Assets $26,912,370
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $90,138 $35,053 $32,387
Antonio Petillo (Trustee) $19,500 $97,480 $53,483
David Baumann (Trustee) $0 $112,575 $72,180
Paxton Ryan (Trustee) $0 $112,575 $63,600
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Edward Manhertz (Trustee) $0 $0 $0
Michael Geib (Trustee) $0 $112,575 $72,180
+ View more people

Document Links

990
Filed on Nov. 11, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,931,868
Expenses
$24,358,648
Net Income
$3,573,220
Net Assets
$27,072,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,398,101
90.9%
Investment Income $968,733
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,434
Net Inventory Sales $0
Other Revenue $1,571,468
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,948
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $162,459
0.7%
Assets/Debt
Total Assets $27,427,037
Total Liabilities $354,148
Net Assets $27,072,889
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $71,948 $46,000 $31,897
Antonio Petillo (Trustee) $0 $121,211 $66,894
David Baumann (Trustee) $0 $115,285 $73,648
Paxton Ryan (Trustee) $0 $115,285 $65,428
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Edward Manhertz (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,796,498
Expenses
$26,089,863
Net Income
$4,706,635
Net Assets
$22,314,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,902,344
84.1%
Investment Income $726,888
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $61,323
0.2%
Net Inventory Sales $0
Other Revenue $4,105,943
13.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,979
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $168,471
0.6%
Assets/Debt
Total Assets $22,761,892
Total Liabilities $447,738
Net Assets $22,314,154
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $71,979 $42,273 $30,960
Antonio Petillo (Trustee) $0 $116,463 $63,861
David Baumann (Trustee) $0 $110,421 $71,645
Paxton Ryan (Trustee) $0 $102,451 $63,126
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Edward Manhertz (Trustee) $0 $0 $0
Kyle Larkin (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2020

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

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,644,134
Expenses
$28,204,859
Net Income
-$560,725
Net Assets
$17,050,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,073,758
90.7%
Investment Income $761,276
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$121,902
Net Inventory Sales $0
Other Revenue $1,931,002
7.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $68,932
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $185,246
0.7%
Assets/Debt
Total Assets $17,100,854
Total Liabilities $49,883
Net Assets $17,050,971
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $68,932 $42,249 $18,756
Antonio Petillo (Trustee) $0 $112,615 $62,187
David Baumann (Trustee) $0 $106,985 $67,551
Paxton Ryan (Trustee) $0 $106,860 $60,631
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Kyle Larkin (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2019

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

View Filing
PDF XML
View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,988,165
Expenses
$24,612,802
Net Income
$1,375,363
Net Assets
$17,984,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,495,865
90.4%
Investment Income $734,129
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $97,515
0.4%
Net Inventory Sales $0
Other Revenue $1,660,656
6.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,096
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $169,829
0.7%
Assets/Debt
Total Assets $18,163,037
Total Liabilities $178,884
Net Assets $17,984,153
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $75,096 $33,111 $28,941
Antonio Petillo (Trustee) $0 $109,375 $57,280
David Baumann (Trustee) $0 $103,225 $52,728
Paxton Ryan (Trustee) $0 $97,825 $54,256
Richard Maio (Trustee) $0 $0 $0
Andrew Pinto (Trustee) $0 $0 $0
Kyle Larkin (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2018

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,368,269
Expenses
$22,138,763
Net Income
$229,506
Net Assets
$16,494,466
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,525,774
91.8%
Investment Income $688,629
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $117,347
0.5%
Net Inventory Sales $0
Other Revenue $1,036,519
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $87,442
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $104,754
0.5%
Assets/Debt
Total Assets $16,497,982
Total Liabilities $3,516
Net Assets $16,494,466
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $73,471 $33,473 $27,394
Steven Bottieri (Trustee) $13,971 $73,672 $44,724
Antonio Petillo (Trustee) $0 $95,820 $51,833
David Baumann (Trustee) $0 $99,895 $49,256
Paxton Ryan (Trustee) $0 $87,138 $51,689
Richard Maio (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,065,597
Expenses
$22,558,957
Net Income
-$1,493,360
Net Assets
$16,289,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,634,526
93.2%
Investment Income $491,241
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $67
0.0%
Net Inventory Sales $0
Other Revenue $939,763
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $71,441
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $94,211
0.4%
Assets/Debt
Total Assets $16,685,861
Total Liabilities $396,473
Net Assets $16,289,388
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $71,441 $30,182 $25,679
Andrew Pinto (Trustee) $0 $0 $0
Richard Maio (Trustee) $0 $0 $0
Antonio Petillo (Trustee) $0 $92,741 $53,237
Steven Bottieri (Trustee) $0 $90,621 $59,246
David Baumann (Trustee) $0 $94,958 $59,245
+ View more people

Document Links

990
Filed on Nov. 14, 2016

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,413,687
Expenses
$25,195,244
Net Income
-$2,781,557
Net Assets
$17,637,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,505,543
87.0%
Investment Income $476,836
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $256,290
1.1%
Net Inventory Sales $0
Other Revenue $2,175,018
9.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $70,536
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $79,751
0.3%
Assets/Debt
Total Assets $17,727,339
Total Liabilities $90,331
Net Assets $17,637,008
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $70,536 $27,431 $24,751
Andrew Pinto (Trustee) $0 $0 $0
Richard Maio (Trustee) $0 $0 $0
Antonio Petillo (Trustee) $0 $91,137 $51,060
Steven Bottieri (Trustee) $0 $89,711 $56,082
David Baumann (Trustee) $0 $96,789 $56,703
+ View more people

Document Links

990
Filed on Nov. 12, 2015

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,921,882
Expenses
$21,258,261
Net Income
-$336,379
Net Assets
$20,096,741
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,827,550
85.2%
Investment Income $729,788
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $494,465
2.4%
Net Inventory Sales $0
Other Revenue $1,870,079
8.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $72,001
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $69,597
0.3%
Assets/Debt
Total Assets $20,132,244
Total Liabilities $35,503
Net Assets $20,096,741
Compensation
Key Employees and Officers Compensation Related Other
Catherine Oakes (Fund Manager) $72,001 $23,113 $23,729
Andrew Pinto (Trustee) $0 $0 $0
Richard Maio (Trustee) $0 $0 $0
Antonio Petillo (Trustee) $0 $91,031 $51,180
Steven Bottieri (Trustee) $0 $91,462 $55,194
David Baumann (Trustee) $0 $94,541 $55,675
+ View more people

Document Links

990
Filed on Nov. 14, 2014

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,059,015
Expenses
$15,540,949
Net Income
$1,518,066
Net Assets
$20,762,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,666,141
91.8%
Investment Income $689,008
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $367,723
2.2%
Net Inventory Sales $0
Other Revenue $336,143
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $73,137
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $67,455
0.4%
Assets/Debt
Total Assets $20,936,662
Total Liabilities $174,037
Net Assets $20,762,625

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,153,793
Expenses
$13,217,589
Net Income
$936,204
Net Assets
$18,578,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,039,077
92.1%
Investment Income $746,412
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $82,561
0.6%
Net Inventory Sales $0
Other Revenue $285,743
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $56,458
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $66,110
0.5%
Assets/Debt
Total Assets $18,706,462
Total Liabilities $128,379
Net Assets $18,578,083

Document Links

990

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

PDF

Fiscal Year Ending Dec.
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

990

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

PDF

Fiscal Year Ending Dec.
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

990

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

PDF

Fiscal Year Ending Dec.
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

990

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

PDF

Fiscal Year Ending Dec.
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

990

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

PDF

Fiscal Year Ending Dec.
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

990

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

PDF

Fiscal Year Ending Dec.
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

990

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

PDF

Fiscal Year Ending Dec.
2004

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

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 »

Byline

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