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Nonprofit · EIN 04-2624972

HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI

Also known as NEERS

Tax-exempt · QUINCY, MA 02169

Financials

$20.3M$21.6M2023$23.5M$22.1M2024
Revenue Expenses · by fiscal year end
Financials of HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$23,529,887$22,112,280$1,417,607$27,976,814$2,696,897$25,279,917
December 31, 2023990$20,254,505$21,632,537-$1,378,032$26,801,192$3,263,363$23,537,829
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$20,889,334
Investment income
$2,640,553
Net gain from sales of assets
$2,068,575
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$21,486,184
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$42,931
Accounting fees
$30,000

Balance sheet and other

Total assets, start of year
$26,801,192
Total assets, end of year
$27,976,814
Total liabilities, end of year
$2,696,897
Net assets, end of year
$25,279,917
Publicly traded securities
$22,424,381
Gross receipts
$25,879,209
Employees
0
Volunteers
0
Year formed
1962
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL CANNISTRAROTRUSTEE
Trustee or director
2$0
ANTHONY PISANOTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MICHAEL CANNISTRAROTRUSTEE
Trustee or director
2$0
ANTHONY PISANOTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1 BATTERYMARCH PARK STE 317, QUINCY, MA 02169-7484
Principal officer (990 for 2024)
MICHAEL CANNISTRARO, 89 ACCESS ROAD UNIT 4, NORWOOD, MA 020625233
Signed the 990
MICHAEL CANNISTRARO, BUSINESS MGR, PRESIDENT, TRUSTEE
Phone
(781) 769-1877
Return prepared by
SCHULTHEIS & PANETTIERI LLP

Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2624972
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$27,976,814
Income (IRS master file)
$25,879,209

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$23,529,887$22,112,280$27,976,814XML
990December 2023$20,254,505$21,632,537$26,801,192XML
990December 2022$20,989,327$19,417,746$24,720,405IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2624972).

Questions about HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI

What is the EIN of HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI?
The employer identification number (EIN) of HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI is 04-2624972.
Is HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1993.
Are donations to HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI?
The 990 for the year ended December 31, 2024 names MICHAEL CANNISTRARO.
Who are the officers and directors of HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does HEALTH & WELFARE FUND OF INTERN TIONAL UNION OF OPERATING ENGI have?
On its 990 for the year ended December 31, 2024 it reported revenue of $23,529,887, expenses of $22,112,280 and total assets of $27,976,814 at year end.

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