WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT

EIN: 132575626

NEW YORK, NY

Total Revenue
$43,478,351
Total Expenses
$40,966,768
Total Assets
$86,371,565
Net Assets
$83,323,999
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NY
Principal Officer
GREGORY FLOYD
Phone
2129242000
Tax Period
2024-01-01 to 2024-12-31

WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT, founded in 1964, is a mid-sized nonprofit that reported $43.5M in total revenue in fiscal year 2024. Expenses of $41.0M left a modest 6% surplus.

Mission

TO PROVIDE VARIOUS WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $42,064,446
Investment Income $2,539,577
Other Revenue $-1,125,672
TOTAL REVENUE $43,478,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,831,122
Fundraising Expenses $0
Other Expenses $1,597,067
TOTAL EXPENSES $40,966,768

Year-over-Year Comparison

2024 2023 Change
Revenue $43,478,351 $42,977,562 +0.0%
Expenses $40,966,768 $40,145,915 +0.0%
Net Income $2,511,583 $2,831,647 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
N/A
Employees
65
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$1,421,415
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUBEN TORRES TRUSTEE 0.50
Director
$0 $12,442 $194,036
JEANETTE TAVERAS TRUSTEE 0.50
Director
$0 $39,083 $232,799
GREGORY FLOYD TRUSTEE 0.50
Director
$0 $18,059 $198,378
DONALD ARNOLD TRUSTEE 0.50
Director
$0 $17,464 $272,065
DEBBIE A COLEMAN TRUSTEE 0.50
Director
$0 $0 $69,875
CURTIS SCOTT TRUSTEE 0.50
Director
$0 $51,539 $233,237
DEREK JACKSON TRUSTEE 0.50
Director
$0 $20,737 $221,025
MITCHELL GOLDBERG DIRECTOR 17.00
Highest
$111,764 $62,574 $174,338
SHELDON PROCTOR DEPUTY DIRECTOR 36.00
Highest
$171,038 $58,220 $229,258
MARY SHERIDAN CHIEF ATTORNEY 40.00
Highest
$215,720 $124,432 $340,152
SARA WAGNER ASST DIRECTOR LEGAL 40.00
Highest
$156,597 $66,872 $223,469
DIANA NAPPI DIRECTOR 40.00
Highest
$124,974 $34,366 $159,340
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $43,478,351 $40,966,768 $86,371,565 $2,511,583
2023 $42,977,562 $40,145,915 $80,961,865 $2,831,647
2022 $43,097,054 $38,208,325 $73,608,924 $4,888,729
2021 $51,042,381 $39,378,899 $76,162,541 $11,663,482
2020 $40,525,597 $40,263,993 $64,625,224 $261,604
2019 $47,332,817 $39,216,269 $60,808,752 $8,116,548
2018 $48,055,038 $43,561,096 $49,584,190 $4,493,942
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.