WESTCHESTER TEAMSTERS HEALTH & WELFARE FUND

EIN: 136123972

ELMSFORD, NY

Total Revenue
$21,536,316
Total Expenses
$25,089,368
Total Assets
$12,000,372
Net Assets
$10,724,743
🔒

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
1948
Legal Domicile
NY
Principal Officer
LOUIS A PICANI
Phone
9145929330
Tax Period
2023-01-01 to 2023-12-31

WESTCHESTER TEAMSTERS HEALTH & WELFARE FUND, founded in 1948, is a mid-sized nonprofit that reported $21.5M in total revenue in fiscal year 2023. Expenses of $25.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE HEALTH AND WELFARE, SUPPLEMENTAL UNEMPLOYMENT, DENTAL, DEATH, OPTICAL AND DISABILITY BENEFITS FOR PARTICIPANTS AND THEIR BENEFICIARIES.

Program Service Accomplishments

Program 1

EMPLOYER CONTRIBUTIONS PROVIDE WELFARE BENEFITS FOR THEIR EMPLOYEES WHO ARE PARTICIPANTS IN THE FUND.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $21,043,364
Investment Income $491,640
Other Revenue $1,312
TOTAL REVENUE $21,536,316

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,182
Fundraising Expenses $0
Other Expenses $2,179,062
TOTAL EXPENSES $25,089,368

Year-over-Year Comparison

2023 2022 Change
Revenue $21,536,316 $21,075,302 +0.0%
Expenses $25,089,368 $19,305,101 +0.3%
Net Income $-3,553,052 $1,770,201 -3.0%
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
8
Independent Members
4
Employees
N/A
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
8
$1,269,046
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSS PEPE EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY ISAACS EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
LOUIS A PICANI UNION TRUSTEE 1.00
Director
$0 $85,406 $397,320
DOMINICK CASSANELLI JR UNION TRUSTEE 1.00
Director
$0 $74,566 $294,330
JOSEPH SANSONE UNION TRUSTEE 1.00
Director
$0 $79,740 $323,044
ROGER TARANTO UNION TRUSTEE 1.00
Director
$0 $66,391 $254,352
JOHN COONEY EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
SIMONE ALMEIDA EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
BRENDA GALEA-RITCH FUND ADMINISTRATOR 6.00
Highest
$0 $34,038 $178,771
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 No data No data No data No data
2023 $21,536,316 $25,089,368 $12,000,372 $-3,553,052
2022 $21,075,302 $19,305,101 $14,610,313 $1,770,201
2021 $19,612,596 $18,588,842 $13,444,324 $1,023,754
2020 $16,834,744 $17,002,563 $11,908,335 $-167,819
2019 $17,676,991 $15,366,943 $11,559,872 $2,310,048
2018 $18,267,754 $16,316,115 $8,565,123 $1,951,639
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WESTCHESTER TEAMSTERS HEALTH & WELFARE FUND 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.