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Asbetos Workers Philadelphia Welfare Fund

  • Philadelphia, PA
  • Tax-exempt since Sept. 1960
  • EIN: 23-7097998

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
$15.8M (2023)

Expenses
$16.8M (2023)

Total Assets
$29.6M (2023)

Total Liabilities
$682k (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
$15,790,635
Expenses
$16,800,668
Net Income
-$1,010,033
Net Assets
$28,928,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,197,601
96.2%
Investment Income $764,494
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$171,460
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,547
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $170,150
1.0%
Assets/Debt
Total Assets $29,610,005
Total Liabilities $681,614
Net Assets $28,928,391
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $17,985 $150,297 $94,048
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Stephen Pettit (Labor Trustee Co Chairman) $0 $176,922 $130,877
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $163,792 $128,035
Arthur Sweeney (Management Trustee) $0 $0 $0
Stephen Roberts Jr (Labor Trustee) $0 $163,792 $128,035
+ View more people

Document Links

990
Filed on April 10, 2024

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

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,932,405
Expenses
$14,447,163
Net Income
-$514,758
Net Assets
$28,863,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,363,001
> 100%
Investment Income $495,974
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$926,570
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $88,453
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $152,131
1.1%
Assets/Debt
Total Assets $28,943,140
Total Liabilities $79,965
Net Assets $28,863,175
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $56,072 $104,133 $92,516
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Stephen Pettit (Labor Trustee Co Chairman) $0 $173,727 $121,153
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $159,254 $118,386
Arthur Sweeney (Management Trustee) $0 $0 $0
Stephen Roberts Jr (Labor Trustee) $0 $159,254 $118,486
+ View more people

Document Links

990
Filed on April 6, 2023

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

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,021,751
Expenses
$13,141,708
Net Income
$1,880,043
Net Assets
$31,314,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $46,697
0.3%
Program Services $14,227,764
94.7%
Investment Income $490,017
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $257,273
1.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $85,918
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $90,851
0.7%
Assets/Debt
Total Assets $31,470,862
Total Liabilities $156,528
Net Assets $31,314,334
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $54,654 $101,501 $115,896
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Ronald Rickert (Labor Trustee (P)) $0 $0 $0
Stephen Pettit (Labor Trustee Co Chairman) $0 $170,172 $113,766
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $155,268 $111,323
Arthur Sweeney (Management Trustee) $0 $0 $0
Steve Roberts (Labor Trustee) $0 $155,268 $111,323
+ View more people

Document Links

990
Filed on April 11, 2022

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

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,713,592
Expenses
$12,774,758
Net Income
$1,938,834
Net Assets
$27,835,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,342,150
97.5%
Investment Income $582,394
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$210,952
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $84,068
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $87,208
0.7%
Assets/Debt
Total Assets $27,998,152
Total Liabilities $162,990
Net Assets $27,835,162
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $53,889 $100,080 $86,225
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Ronald Rickert (Labor Trustee) $0 $557 $10,081
Stephen Pettit (Labor Trustee Co Chairman) $0 $163,862 $109,445
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $148,418 $106,974
Arthur Sweeney (Management Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on April 5, 2021

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

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,792,466
Expenses
$13,740,741
Net Income
$3,051,725
Net Assets
$24,720,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,264,605
96.9%
Investment Income $543,047
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$15,186
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $79,991
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $81,427
0.6%
Assets/Debt
Total Assets $25,094,237
Total Liabilities $373,506
Net Assets $24,720,731
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $51,248 $95,174 $82,124
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Ronald Rickert (Labor Trustee) $0 $142,795 $103,347
Stephen Pettit (Labor Trustee Co Chairman) $0 $158,094 $105,791
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $142,795 $103,347
Arthur Sweeney (Management Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on April 9, 2020

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

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,019,448
Expenses
$12,998,918
Net Income
$3,020,530
Net Assets
$20,871,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,708,729
98.1%
Investment Income $394,639
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$83,920
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $77,434
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $78,862
0.6%
Assets/Debt
Total Assets $21,054,104
Total Liabilities $182,480
Net Assets $20,871,624
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $49,611 $92,134 $70,493
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Ronald Rickert (Labor Trustee) $0 $140,937 $98,889
Stephen Pettit (Labor Trustee Co Chairman) $0 $155,648 $101,178
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $140,937 $98,889
Arthur Sweeney (Management Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on April 11, 2019

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

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,764,888
Expenses
$13,863,071
Net Income
$1,901,817
Net Assets
$17,466,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,541,812
98.6%
Investment Income $260,895
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$37,819
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $74,885
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $73,106
0.5%
Assets/Debt
Total Assets $18,188,589
Total Liabilities $722,014
Net Assets $17,466,575
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $48,681 $90,408 $74,868
Jerry Mccaffrey (Management Trustee Co Chairman) $0 $0 $0
Ronald Rickert (Labor Trustee) $0 $133,997 $94,903
Stephen Pettit (Labor Trustee Co Chairman) $0 $147,391 $97,042
Damien Lavelle (Management Trustee (P)) $0 $0 $0
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $133,997 $94,903
Fred Dumont (Labor Trustee) $0 $100,584 $13,900
Steve Castellarin (Management Trustee (P)) $0 $0 $0
Arthur Sweeney (Management Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on April 11, 2018

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

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,921,738
Expenses
$13,745,742
Net Income
$1,175,996
Net Assets
$15,200,026
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,853,459
99.5%
Investment Income $228,207
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$159,928
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $71,676
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $68,811
0.5%
Assets/Debt
Total Assets $15,347,735
Total Liabilities $147,709
Net Assets $15,200,026
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $45,549 $84,591 $67,010
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Ronald Rickert (Labor Trustee) $0 $129,241 $90,957
Stephen Pettit (Labor Trustee Co Chairman) $0 $141,848 $92,942
Damien Lavelle (Management Trustee) $0 $0 $0
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $129,241 $90,957
Fred Dumont (Labor Trustee) $0 $100,584 $13,900
+ View more people

Document Links

990
Filed on April 7, 2017

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

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,883,034
Expenses
$13,212,399
Net Income
$670,635
Net Assets
$13,847,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,338,800
96.1%
Investment Income $150,847
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $393,387
2.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $69,111
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $67,107
0.5%
Assets/Debt
Total Assets $13,905,286
Total Liabilities $57,781
Net Assets $13,847,505
Compensation
Key Employees and Officers Compensation Related Other
Michael Burns (Fund Administrator) $44,781 $83,164 $69,515
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0 $0
Ronald Rickert (Labor Trustee) $0 $125,449 $90,080
Stephen Pettit (Labor Trustee Co Chairman) $0 $136,947 $91,773
Damien Lavelle (Management Trustee) $0 $0 $0
Michael Formica (Management Trustee) $0 $0 $0
Robert Cellucci (Labor Trustee) $0 $0 $0
Fred Dumont (Labor Trustee) $0 $125,463 $90,296
+ View more people

Document Links

990
Filed on April 13, 2016

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

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$11,935,696
Expenses
$12,640,384
Net Income
-$704,688
Net Assets
$13,603,638
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,683,587
97.9%
Investment Income $126,570
1.1%
Net Fundraising $0
Sales of Assets $125,539
1.1%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $13,665,794
Total Liabilities $62,156
Net Assets $13,603,638
Compensation
Key Employees and Officers Compensation Other
Michael Burns (Fund Administrator) $44,234 $68,211
Jerry Mccaffrey (Management Trustee Co Chai) $0 $0
Ronald Rickert (Labor Trustee) $0 $78,100
Stephen Pettit (Labor Trustee Co Chairman) $0 $79,591
Damien Lavelle (Management Trustee) $0 $0
Michael Formica (Management Trustee) $0 $0
Robert Cellucci (Labor Trustee) $0 $81,333
Fred Dumont (Labor Trustee) $0 $0
+ View more people

Document Links

990-EZ
Filed on March 10, 2015

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

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,168,510
Expenses
$12,619,631
Net Income
-$451,121
Net Assets
$14,054,070
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,056,351
99.1%
Investment Income $133,152
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$20,993
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,996
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $138,629
1.1%
Assets/Debt
Total Assets $14,110,463
Total Liabilities $56,393
Net Assets $14,054,070

Document Links

990
Filed on April 28, 2014

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

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,756,752
Expenses
$12,047,359
Net Income
-$290,607
Net Assets
$14,362,283
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,706,103
99.6%
Investment Income $152,851
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$102,202
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,029
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $137,421
1.1%
Assets/Debt
Total Assets $14,409,500
Total Liabilities $47,217
Net Assets $14,362,283

Document Links

990

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

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,752,962
Expenses
$11,763,543
Net Income
-$10,581
Net Assets
$14,591,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,471,874
97.6%
Investment Income $167,835
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $113,253
1.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $71,962
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $138,391
1.2%
Assets/Debt
Total Assets $14,717,316
Total Liabilities $125,342
Net Assets $14,591,974

Document Links

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

Fiscal Year Ending June
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