Teamsters Local Union No 408 I B Of T Welfare Fund

Union, NJ
Tax-exempt since July 1964
EIN: 22-1668940

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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

$3.86M (2023)

Expenses

$4.21M (2023)

Total Assets

$12.7M (2023)

Total Liabilities

$494k (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

Revenue

$3,864,102

Expenses

$4,214,050

Net Income

-$349,948

Net Assets

$12,232,607

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,218,999	83.3%
Investment Income	$508,945	13.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$129,647	3.4%
Net Inventory Sales	$0
Other Revenue	$6,511	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$54,809	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$42,809	1.0%

Assets/Debt
Total Assets	$12,727,013
Total Liabilities	$494,406
Net Assets	$12,232,607

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$54,809	$52,660	$64,343
Joseph Dileo (Trustee)	$0	$113,306	$88,639
Joseph Dipalma (Trustee)	$0	$121,974	$85,514
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0
Thomas Miskewitz (Trustee)	$0	$0	$0

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990

Filed on Nov. 12, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$3,044,750

Expenses

$3,758,696

Net Income

-$713,946

Net Assets

$11,590,717

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,209,295	> 100%
Investment Income	$441,341	14.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$608,456
Net Inventory Sales	$0
Other Revenue	$2,570	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$28,070	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,935	1.1%

Assets/Debt
Total Assets	$11,594,174
Total Liabilities	$3,457
Net Assets	$11,590,717

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$28,070	$52,130	$64,090
Joseph Dileo (Trustee)	$0	$109,512	$86,518
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0
Thomas Miskewitz (Trustee)	$0	$0	$0
Joseph Dipalma (Trustee)	$0	$116,696	$83,711

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990

Filed on Oct. 31, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$4,525,528

Expenses

$2,882,335

Net Income

$1,643,193

Net Assets

$14,000,898

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,538,157	78.2%
Investment Income	$346,021	7.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$555,074	12.3%
Net Inventory Sales	$0
Other Revenue	$86,276	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$28,774	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,917	1.4%

Assets/Debt
Total Assets	$14,005,069
Total Liabilities	$4,171
Net Assets	$14,000,898

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$28,774	$53,438	$66,987
Anthony Valdner (Trustee)	$0	$80,115	$62,538
Joseph Dileo (Trustee)	$0	$102,416	$83,627
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0
Thomas Miskewitz (Trustee)	$0	$0	$0
Joseph Dipalma (Trustee)	$0	$103,572	$79,149

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990

Filed on Nov. 11, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$3,574,556

Expenses

$3,009,593

Net Income

$564,963

Net Assets

$12,183,865

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,563,194	99.7%
Investment Income	$415,606	11.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$410,889
Net Inventory Sales	$0
Other Revenue	$6,645	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$36,891	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$49,458	1.6%

Assets/Debt
Total Assets	$12,265,257
Total Liabilities	$81,392
Net Assets	$12,183,865

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$36,891	$53,984	$41,446
Anthony Valdner (Trustee)	$0	$112,089	$79,876
Joseph Dileo (Trustee)	$0	$104,179	$83,170
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0
Thomas Miskewitz (Trustee)	$0	$0	$0

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990

Filed on Nov. 3, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$4,139,820

Expenses

$3,980,723

Net Income

$159,097

Net Assets

$11,391,369

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,581,413	86.5%
Investment Income	$433,787	10.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$117,726	2.8%
Net Inventory Sales	$0
Other Revenue	$6,894	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$34,882	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$46,094	1.2%

Assets/Debt
Total Assets	$11,391,369
Total Liabilities	$0
Net Assets	$11,391,369

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$34,882	$40,117	$66,986
Anthony Valdner (Trustee)	$0	$108,712	$77,548
Joseph Dileo (Trustee)	$0	$100,919	$82,109
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0
Thomas Miskewitz (Trustee)	$0	$0	$0

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990

Filed on Nov. 11, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$4,434,608

Expenses

$3,958,760

Net Income

$475,848

Net Assets

$10,359,838

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,703,642	83.5%
Investment Income	$368,868	8.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$261,640	5.9%
Net Inventory Sales	$0
Other Revenue	$100,458	2.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$41,517	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$41,904	1.1%

Assets/Debt
Total Assets	$10,377,619
Total Liabilities	$17,781
Net Assets	$10,359,838

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$41,517	$40,694	$65,984
Anthony Valdner (Trustee)	$0	$105,578	$75,619
Joseph Dileo (Trustee)	$0	$98,095	$80,954
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0
Thomas Miskewitz (Trustee)	$0	$0	$0

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990

Filed on Nov. 13, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$4,393,362

Expenses

$3,960,621

Net Income

$432,741

Net Assets

$10,431,446

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,590,543	81.7%
Investment Income	$267,640	6.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$528,400	12.0%
Net Inventory Sales	$0
Other Revenue	$6,779	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$42,281	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$43,299	1.1%

Assets/Debt
Total Assets	$10,487,407
Total Liabilities	$55,961
Net Assets	$10,431,446

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$42,281	$39,930	$63,448
Anthony Valdner (Trustee)	$0	$103,046	$73,867
Joseph Dileo (Trustee)	$0	$95,569	$78,021
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0

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990

Filed on Nov. 12, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$4,304,251

Expenses

$3,311,357

Net Income

$992,894

Net Assets

$9,803,303

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,741,395	86.9%
Investment Income	$219,944	5.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$330,805	7.7%
Net Inventory Sales	$0
Other Revenue	$12,107	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$39,459	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$50,713	1.5%

Assets/Debt
Total Assets	$9,803,303
Total Liabilities	$0
Net Assets	$9,803,303

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$39,459	$48,521	$61,677
Anthony Valdner (Trustee)	$0	$102,821	$73,009
Joseph Dileo (Trustee)	$0	$96,652	$76,578
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0

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990

Filed on Nov. 13, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$3,481,168

Expenses

$4,068,949

Net Income

-$587,781

Net Assets

$8,537,618

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,697,687	> 100%
Investment Income	$193,129	5.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$444,062
Net Inventory Sales	$0
Other Revenue	$34,414	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$42,601	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$52,291	1.3%

Assets/Debt
Total Assets	$8,540,254
Total Liabilities	$2,636
Net Assets	$8,537,618

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$42,601	$33,841	$59,540
Joseph Dileo (Trustee)	$0	$94,146	$86,268
Anthony Valdner (Trustee)	$0	$102,078	$71,395
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0

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990

Filed on Nov. 14, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$4,409,379

Expenses

$4,016,191

Net Income

$393,188

Net Assets

$8,863,342

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,645,121	82.7%
Investment Income	$227,878	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$532,409	12.1%
Net Inventory Sales	$0
Other Revenue	$3,971	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$47,084	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$54,072	1.3%

Assets/Debt
Total Assets	$8,864,503
Total Liabilities	$1,161
Net Assets	$8,863,342

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$46,334	$34,925	$47,425
Robert Hryszko Sr (Trustee)	$750	$0	$0
Joseph Dileo (Trustee)	$0	$94,130	$69,089
Anthony Valdner (Trustee)	$0	$102,430	$70,322
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0

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990

Filed on Nov. 12, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$4,430,017

Expenses

$4,658,575

Net Income

-$228,558

Net Assets

$9,069,915

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,810,496	86.0%
Investment Income	$200,106	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$409,240	9.2%
Net Inventory Sales	$0
Other Revenue	$10,175	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$46,262	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$50,600	1.1%

Assets/Debt
Total Assets	$9,071,036
Total Liabilities	$1,121
Net Assets	$9,069,915

Compensation

Key Employees and Officers	Compensation	Related	Other
Rosalind Tomeio (Fund Manager)	$46,262	$31,229	$47,425
Joseph Dileo (Trustee)	$0	$86,506	$69,094
Anthony Valdner (Trustee)	$0	$99,862	$67,602
Robert Hryszko Sr (Trustee)	$0	$0	$0
Robert Weldon (Trustee)	$0	$0	$0
Robert Klein (Trustee)	$0	$0	$0

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990

Filed on Nov. 15, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$5,030,590

Expenses

$4,373,592

Net Income

$656,998

Net Assets

$9,021,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,317,508	85.8%
Investment Income	$225,851	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$27,270
Net Inventory Sales	$0
Other Revenue	$514,501	10.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$37,249	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$51,133	1.2%

Assets/Debt
Total Assets	$9,022,655
Total Liabilities	$1,041
Net Assets	$9,021,614

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$6,340,321

Expenses

$5,276,973

Net Income

$1,063,348

Net Assets

$7,722,368

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,064,924	79.9%
Investment Income	$286,598	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$887,534	14.0%
Net Inventory Sales	$0
Other Revenue	$101,265	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$43,143	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$55,548	1.1%

Assets/Debt
Total Assets	$7,751,642
Total Liabilities	$29,274
Net Assets	$7,722,368

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 »

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Updated December 20, 2024

Teamsters Local Union No 408 I B Of T Welfare Fund

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.86M (2023)

Expenses $4.21M (2023)

Total Assets $12.7M (2023)

Total Liabilities $494k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

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

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

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

Document Links

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

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$3.86M (2023)

Expenses

$4.21M (2023)

Total Assets

$12.7M (2023)

Total Liabilities

$494k (2023)

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.
2004