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Teamsters Local 97 Fund

  • Clark, NJ
  • Tax-exempt since May 1974
  • EIN: 22-2004832

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.

Details

According to its July 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$17M (2023)

Expenses
$15.2M (2023)

Total Assets
$5.86M (2023)

Total Liabilities
$276k (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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,998,514
Expenses
$15,227,117
Net Income
$1,771,397
Net Assets
$5,585,739
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,903,574
99.4%
Investment Income $54,182
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $19,682
0.1%
Net Inventory Sales $0
Other Revenue $21,076
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $131,821
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $255,078
1.7%
Assets/Debt
Total Assets $5,862,077
Total Liabilities $276,338
Net Assets $5,585,739
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $131,821 $0 $34,647
Daniel Reiman (Trustee) $0 $0 $0
John Gerow (Trustee) $0 $166,312 $76,080
Maria Perez (Trustee) $0 $155,342 $71,381
+ View more people

Document Links

990
Filed on June 14, 2024

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

View Filing
XML

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,678,835
Expenses
$17,705,241
Net Income
-$26,406
Net Assets
$3,815,077
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,631,643
99.7%
Investment Income $22,771
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $23,244
0.1%
Net Inventory Sales $0
Other Revenue $1,177
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $123,202
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $206,004
1.2%
Assets/Debt
Total Assets $3,993,876
Total Liabilities $178,799
Net Assets $3,815,077
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $123,202 $0 $34,647
Daniel Reiman (Trustee) $0 $0 $0
John Gerow (Trustee) $0 $162,640 $61,505
Maria Perez (Trustee) $0 $148,950 $58,478
+ View more people

Document Links

990
Filed on May 3, 2023

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

View Filing
XML

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,509,914
Expenses
$16,955,565
Net Income
$554,349
Net Assets
$3,956,365
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,363,728
99.2%
Investment Income $24,959
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $44,327
0.3%
Net Inventory Sales $0
Other Revenue $76,900
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $123,787
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $178,349
1.1%
Assets/Debt
Total Assets $4,130,996
Total Liabilities $174,631
Net Assets $3,956,365
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $123,787 $0 $32,919
John Gerow (Trustee) $0 $159,669 $65,151
Maria Perez (Trustee) $0 $146,893 $61,758
Daniel Reiman (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on June 14, 2022

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

View Filing
PDF XML

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,490,539
Expenses
$15,656,105
Net Income
$1,834,434
Net Assets
$3,334,113
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,439,922
99.7%
Investment Income $31,397
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,664
Net Inventory Sales $0
Other Revenue $29,884
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $121,577
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $164,101
1.0%
Assets/Debt
Total Assets $3,515,662
Total Liabilities $181,549
Net Assets $3,334,113
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $121,577 $0 $32,574
John Gerow (Trustee) $0 $152,907 $62,934
Maria Perez (Trustee) $0 $142,188 $59,726
Daniel Reiman (Trustee) $0 $0 $0
Stephen Genco (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on June 7, 2021

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

View Filing
XML

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,163,533
Expenses
$15,648,342
Net Income
$1,515,191
Net Assets
$1,464,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,838,782
98.1%
Investment Income $28,603
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,449
0.0%
Net Inventory Sales $0
Other Revenue $292,699
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $115,954
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $153,700
1.0%
Assets/Debt
Total Assets $1,902,139
Total Liabilities $437,986
Net Assets $1,464,153
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $115,954 $0 $32,273
John Gerow (Trustee) $0 $150,571 $62,027
Maria Perez (Trustee) $0 $142,673 $59,545
Daniel Reiman (Trustee) $0 $0 $0
Stephen Genco (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 30, 2020

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

View Filing
PDF XML

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,207,880
Expenses
$14,410,713
Net Income
$797,167
Net Assets
-$69,951
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,127,911
99.5%
Investment Income $21,191
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $51,325
0.3%
Net Inventory Sales $0
Other Revenue $7,453
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,036
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $160,084
1.1%
Assets/Debt
Total Assets $1,563,221
Total Liabilities $1,633,172
Net Assets -$69,951
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $118,036 $0 $31,534
John Gerow (Trustee) $0 $147,470 $61,325
Maria Perez (Trustee) $0 $135,027 $58,185
Daniel Reiman (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 31, 2019

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

View Filing
PDF XML

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,363,065
Expenses
$15,633,830
Net Income
-$1,270,765
Net Assets
-$820,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,202,327
98.9%
Investment Income $49,404
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $106,377
0.7%
Net Inventory Sales $0
Other Revenue $4,957
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,036
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $175,806
1.1%
Assets/Debt
Total Assets $2,439,507
Total Liabilities $3,260,330
Net Assets -$820,823
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $115,890 $0 $31,534
John Gerow (Trustee) $0 $144,430 $59,428
Maria Perez (Trustee) $0 $137,448 $58,175
Daniel Reiman (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on June 8, 2018

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

View Filing
PDF XML

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,032,802
Expenses
$14,345,113
Net Income
-$1,312,311
Net Assets
$503,069
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,941,239
99.3%
Investment Income $53,543
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $36,930
0.3%
Net Inventory Sales $0
Other Revenue $1,090
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,036
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $205,039
1.4%
Assets/Debt
Total Assets $2,634,562
Total Liabilities $2,131,493
Net Assets $503,069
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $120,182 $0 $32,197
John Gerow (Trustee) $0 $145,789 $60,279
Maria Perez (Trustee) $0 $137,907 $58,928
Daniel Reiman (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on June 1, 2017

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

View Filing
PDF XML

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,828,020
Expenses
$16,048,314
Net Income
-$1,220,294
Net Assets
$1,809,641
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,738,646
99.4%
Investment Income $55,658
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,641
0.2%
Net Inventory Sales $0
Other Revenue $5,075
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,182
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $206,184
1.3%
Assets/Debt
Total Assets $3,838,733
Total Liabilities $2,029,092
Net Assets $1,809,641
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $118,036 $0 $30,070
John Gerow (Trustee) $0 $145,537 $61,850
Maria Perez (Trustee) $0 $135,678 $56,869
Daniel Reiman (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 24, 2016

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

View Filing
PDF XML

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,025,372
Expenses
$14,028,593
Net Income
-$3,221
Net Assets
$3,037,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,888,256
99.0%
Investment Income $65,213
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $66,943
0.5%
Net Inventory Sales $0
Other Revenue $4,960
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $113,090
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $225,320
1.6%
Assets/Debt
Total Assets $3,133,049
Total Liabilities $95,083
Net Assets $3,037,966
Compensation
Key Employees and Officers Compensation Related Other
Elaine Alessio (Fund Manager) $108,836 $0 $28,265
John Gerow (Trustee) $0 $143,005 $72,547
Maria Perez (Trustee) $0 $135,454 $59,766
Daniel Reiman (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 29, 2015

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

View Filing
PDF XML

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,007,398
Expenses
$9,586,523
Net Income
$420,875
Net Assets
$2,992,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,829,261
98.2%
Investment Income $66,957
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $67,845
0.7%
Net Inventory Sales $0
Other Revenue $43,335
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,029
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $166,483
1.7%
Assets/Debt
Total Assets $3,062,881
Total Liabilities $70,549
Net Assets $2,992,332

Document Links

990
Filed on June 18, 2014

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

View Filing
PDF XML

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,962,630
Expenses
$7,823,183
Net Income
$139,447
Net Assets
$2,613,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,858,940
98.7%
Investment Income $68,006
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,603
0.1%
Net Inventory Sales $0
Other Revenue $25,081
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,029
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $164,967
2.1%
Assets/Debt
Total Assets $2,673,586
Total Liabilities $60,006
Net Assets $2,613,580

Document Links

990

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

PDF

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,836,318
Expenses
$7,612,919
Net Income
$223,399
Net Assets
$2,438,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,693,648
98.2%
Investment Income $62,984
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $72,300
0.9%
Net Inventory Sales $0
Other Revenue $7,386
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,029
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $160,731
2.1%
Assets/Debt
Total Assets $2,527,139
Total Liabilities $88,407
Net Assets $2,438,732

Document Links

990

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

PDF

Fiscal Year Ending July
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 July
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 July
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 July
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 July
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 July
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 July
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.

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