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Nonprofit · EIN 11-2823324

ITPE-MEBA NMU ANNUAL BENEFIT FUND

Also known as MICHAEL PALUMBO CONTRACT ADMIN

Tax-exempt · CLARK, NJ 07066

Financials

$14.6M$11.5M2023$16M$15.5M2024
Revenue Expenses · by fiscal year end
Financials of ITPE-MEBA NMU ANNUAL BENEFIT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$15,981,560$15,547,243$434,317$18,538,909$269,781$18,269,128
March 31, 2024990$14,556,242$11,486,314$3,069,928$17,430,083$194,433$17,235,650
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$15,642,982
Investment income
$338,578
Net gain from sales of assets
-$290,772
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$14,338,294
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$63,915
Accounting fees
$48,768

Balance sheet and other

Total assets, start of year
$17,430,083
Total assets, end of year
$18,538,909
Total liabilities, end of year
$269,781
Net assets, end of year
$18,269,128
Publicly traded securities
$15,076,222
Gross receipts
$21,904,883
Employees
2,646
Volunteers
0
Year formed
1986
State of legal domicile
NJ

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DON JAMESCO-CHAIRMAN
Trustee or director, Officer
1$0
JOHN BRENTON IVCO-CHAIRMAN
Trustee or director, Officer
1$0
LEONARD CABRERATRUSTEE
Trustee or director
1$0
WILMA ZIMMERMANTRUSTEE
Trustee or director
1$0
ROBERT CHILDERSVICE CO-CHAIRMAN
Trustee or director, Officer
1$0
DENISE MOORETRUSTEE
Trustee or director
1$0
LENA BAILEYVICE CO-CHAIRMAN
Trustee or director, Officer
1$0
TRINA WILLIAMSTRUSTEE
Trustee or director
1$0
DENNIS R ARRINGTONFORMER CO-CHAIRMAN
Trustee or director
1$0
RICHARD LANIGANFORMER TRUSTEE
Trustee or director
1$0
990 for the year ended March 31, 2024: 13 people
NameTitleHours / weekCompensation
DENNIS R ARRINGTONCO-CHAIRMAN/TRUSTEE
Trustee or director, Officer
1$0
DON JAMESCO-CHAIRMAN/TRUSTEE
Trustee or director, Officer
1$0
JOHN BRENTON IVVICE CO-CHAIRMAN/TRUSTEE
Trustee or director
1$0
LEONARD CABRERATRUSTEE
Trustee or director
1$0
WILMA ZIMMERMANTRUSTEE
Trustee or director
1$0
ROBERT CHILDERSVICE CO-CHAIRMAN/TRUSTEE
Trustee or director
1$0
DENISE MOORETRUSTEE
Trustee or director
1$0
LENA BAILEYTRUSTEE
Trustee or director
1$0
TRINA WILLIAMSTRUSTEE
Trustee or director
1$0
PATTY FOLEYALTERNATE TRUSTEE
Trustee or director
1$0
MIKE KILGOALTERNATE TRUSTEE
Trustee or director
1$0
RICHARD LANIGANFORMER TRUSTEE
Trustee or director
1$0
HAROLD SHERLEYFORMER CO-CHAIRMAN/TRUSTEE
Officer
1$0

Address and contacts

Address (IRS master file)
67 WALNUT AVE STE 105, CLARK, NJ 07066-1640
Principal officer (990 for 2024)
JOSEPH CORCORAN, 67 WALNUT AVENUE 105, CLARK, NJ 070661640
Signed the 990
JOSEPH CORCORAN, THIRD PARTY ADMINISTRATOR
Phone
(908) 276-0800
Return prepared by
WEAVER AND TIDWELL LLP

Mission

THE FUND PROVIDES HOLIDAY, SICK, VACATION, TRAINING, BEREAVEMENT, AND JURY DUTY BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

990 for the year ended March 31, 2025

Program accomplishments

  • THE FUND PROVIDES HOLIDAY, SICK, VACATION, TRAINING, BEREAVEMENT, AND JURY DUTY BENEFITS TO APPROXIMATELY 2,400 ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
11-2823324
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1987
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,538,909
Income (IRS master file)
$21,904,883

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$15,981,560$15,547,243$18,538,909XML
990March 2024$14,556,242$11,486,314$17,430,083XML
990March 2023$12,184,687$9,989,702$13,499,727IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 11-2823324).

Questions about ITPE-MEBA NMU ANNUAL BENEFIT FUND

What is the EIN of ITPE-MEBA NMU ANNUAL BENEFIT FUND?
The employer identification number (EIN) of ITPE-MEBA NMU ANNUAL BENEFIT FUND is 11-2823324.
Is ITPE-MEBA NMU ANNUAL BENEFIT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1987.
Are donations to ITPE-MEBA NMU ANNUAL BENEFIT FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ITPE-MEBA NMU ANNUAL BENEFIT FUND 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 ITPE-MEBA NMU ANNUAL BENEFIT FUND due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ITPE-MEBA NMU ANNUAL BENEFIT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of ITPE-MEBA NMU ANNUAL BENEFIT FUND?
The 990 for the year ended March 31, 2025 names JOSEPH CORCORAN.
Who are the officers and directors of ITPE-MEBA NMU ANNUAL BENEFIT FUND?
The 990 for the year ended March 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does ITPE-MEBA NMU ANNUAL BENEFIT FUND have?
On its 990 for the year ended March 31, 2025 it reported revenue of $15,981,560, expenses of $15,547,243 and total assets of $18,538,909 at year end.

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