Board Of Trustees Of National Iam B Enefit Trust Fund
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 $125M (2023)
 Expenses $136M (2023)
 Total Assets $95.3M (2023)
 Total Liabilities $2.1M (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
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $124,421,641 | 
          
    99.2%
 
     | 
| Investment Income | $1,366,728 | 
          
    1.1%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | -$376,890 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $6,849 | 
          
    0.0%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $109,918 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,747,746 | 
          
    1.3%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $95,251,772 | |
| Total Liabilities | $2,101,077 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Karen Brown (Director Of Operations) | $140,694 | $0 | $23,199 | 
| James Tierney (Executive Director (P)) | $29,615 | $247,818 | $30,003 | 
| Dora Cervantes (Union Trustee/Co Chair) | $0 | $310,915 | $119,724 | 
Document Links
990
Filed on Nov. 6, 2024Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2022
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $114,046,214 | 
          
    99.6%
 
     | 
| Investment Income | $483,214 | 
          
    0.4%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | -$69,254 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $28,565 | 
          
    0.0%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $109,918 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,672,924 | 
          
    1.5%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $101,616,678 | |
| Total Liabilities | $5,934,306 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Karen Brown (Director Of Operations) | $163,860 | $0 | $27,604 | 
| James Tierney (Executive Director) | $109,918 | $401,391 | $56,181 | 
| Dora Cervantes (Union Trustee/Co Chair) | $0 | $284,574 | $111,619 | 
Document Links
990
Filed on Nov. 13, 2023Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2021
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $106,465,100 | 
          
    97.0%
 
     | 
| Investment Income | $214,385 | 
          
    0.2%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $3,129,315 | 
          
    2.8%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $110,000 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,777,368 | 
          
    1.6%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $108,324,998 | |
| Total Liabilities | $2,118,412 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Karen Brown (Director Of Operations) | $153,107 | $0 | $11,436 | 
| James Tierney (Executive Director) | $110,000 | $401,741 | $33,968 | 
| Diana Lott (Employee) | $101,383 | $0 | $21,977 | 
Document Links
990
Filed on Oct. 13, 2022Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2020
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $102,771,085 | 
          
    97.7%
 
     | 
| Investment Income | $2,442,267 | 
          
    2.3%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | -$49,770 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $113,769 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,435,798 | 
          
    1.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $105,862,477 | |
| Total Liabilities | $1,409,246 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Karen Brown (Director Of Operations) | $153,275 | $0 | $26,040 | 
| Carla Hill (Eligibility Manager) | $120,692 | $0 | $34,071 | 
| James Tierney (Executive Director) | $113,769 | $413,462 | $66,334 | 
Document Links
990
Filed on Nov. 15, 2021Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2019
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $105,485,860 | 
          
    96.0%
 
     | 
| Investment Income | $3,468,214 | 
          
    3.2%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $875,449 | 
          
    0.8%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $100,000 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,342,827 | 
          
    1.3%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $105,439,184 | |
| Total Liabilities | $2,253,189 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Karen Brown (Director Of Operations) | $142,596 | $0 | $26,599 | 
| Carla Hill (Fund Representative) | $111,880 | $0 | $36,804 | 
| James Tierney (Executive Director) | $100,000 | $403,338 | $61,961 | 
Document Links
990
Filed on Nov. 16, 2020Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2018
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $91,768,936 | 
          
    97.3%
 
     | 
| Investment Income | $2,621,697 | 
          
    2.8%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | -$84,170 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $114,039 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,187,020 | 
          
    1.3%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $96,163,634 | |
| Total Liabilities | $2,474,123 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Constance De France (Managing Director) | $182,508 | $0 | $33,344 | 
| James Tierney (Executive Director) | $114,039 | $403,146 | $41,322 | 
| Carla Hill (Fund Representative) | $111,392 | $0 | $21,883 | 
Document Links
990
Filed on Nov. 15, 2019Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Dec.
    2017
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $21,213,171 | 
          
    93.0%
 
     | 
| Investment Income | $1,586,719 | 
          
    7.0%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $872 | 
          
    0.0%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $18,750 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $273,086 | 
          
    1.4%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $95,531,610 | |
| Total Liabilities | $3,294,233 | 
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2017
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $77,681,916 | 
          
    96.4%
 
     | 
| Investment Income | $1,911,044 | 
          
    2.4%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $1,020,442 | 
          
    1.3%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $95,000 | 
          
    0.1%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,120,671 | 
          
    1.5%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $92,175,653 | |
| Total Liabilities | $3,248,547 | 
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2016
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $67,709,141 | 
          
    97.7%
 
     | 
| Investment Income | $1,573,077 | 
          
    2.3%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | -$1,415 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,140,596 | 
          
    1.7%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $85,685,095 | |
| Total Liabilities | $4,184,188 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Constance De France (Managing Director) | $173,124 | $0 | $35,472 | 
| Steven Lostoski (Assistant Managing Director) | $150,898 | $0 | $34,023 | 
| Chantel Sheaks (Fund Counsel (Thru July 2015)) | $149,329 | $0 | $5,076 | 
Document Links
990
Filed on June 22, 2017Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2015
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $68,216,574 | 
          
    97.0%
 
     | 
| Investment Income | $2,062,678 | 
          
    2.9%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $43,736 | 
          
    0.1%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $25,853 | 
          
    0.0%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,193,711 | 
          
    1.8%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $79,750,630 | |
| Total Liabilities | $2,803,409 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Constance De France (Managing Director) | $167,797 | $0 | $35,066 | 
| Chantel Sheaks (Fund Dir.(Eff 3/2015)/Counsel) | $160,759 | $0 | $19,727 | 
| Steven Lostoski (Assistant Managing Director) | $146,017 | $0 | $34,111 | 
Document Links
990
Filed on May 12, 2016Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2014
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $67,293,315 | 
          
    95.9%
 
     | 
| Investment Income | $1,003,371 | 
          
    1.4%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $651,467 | 
          
    0.9%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $1,225,563 | 
          
    1.7%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,108,311 | 
          
    1.7%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $77,810,114 | |
| Total Liabilities | $3,888,573 | 
Compensation
| Key Employees and Officers | Compensation | Related | Other | 
|---|---|---|---|
| Constance De France (Managing Director) | $166,657 | $0 | $30,059 | 
| Steven Lostoski (Assistant Managing Director) | $145,092 | $0 | $31,154 | 
| Dora Cervantes (Union Trustee) | $0 | $207,436 | $36,343 | 
Document Links
990
Filed on June 18, 2015Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2013
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $61,761,067 | 
          
    96.5%
 
     | 
| Investment Income | $1,249,410 | 
          
    2.0%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $100,846 | 
          
    0.2%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $876,734 | 
          
    1.4%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $913,291 | 
          
    1.5%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $70,244,331 | |
| Total Liabilities | $3,882,684 | 
Document Links
990
Filed on Oct. 24, 2014Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2012
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $62,867,865 | 
          
    95.6%
 
     | 
| Investment Income | $1,015,750 | 
          
    1.5%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $971,511 | 
          
    1.5%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $892,064 | 
          
    1.4%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $12,164 | 
          
    0.0%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,016,387 | 
          
    1.7%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $63,226,493 | |
| Total Liabilities | $2,512,702 | 
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    2011
  
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $57,980,874 | 
          
    97.5%
 
     | 
| Investment Income | $1,061,959 | 
          
    1.8%
 
     | 
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $64,903 | 
          
    0.1%
 
     | 
| Net Inventory Sales | $0 | |
| Other Revenue | $349,150 | 
          
    0.6%
 
     | 
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $81,131 | 
          
    0.2%
 
     | 
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $1,138,283 | 
          
    2.1%
 
     | 
| Assets/Debt | ||
|---|---|---|
| Total Assets | $56,465,161 | |
| Total Liabilities | $3,903,481 | 
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
    Fiscal Year Ending Sept.
    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
    Fiscal Year Ending Sept.
    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
    Fiscal Year Ending Sept.
    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
    Fiscal Year Ending Sept.
    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
    Fiscal Year Ending Sept.
    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
    Fiscal Year Ending Sept.
    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
    Fiscal Year Ending Sept.
    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
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