Nonprofit · EIN 13-1805529
SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY
Also known as NOVELTY WORKERS OF AMERICA
Tax-exempt · VALLEY STREAM, NY 11580
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $17,056,951 | $13,451,146 | $3,605,805 | $26,463,589 | $29,620 | $26,433,969 |
| December 31, 2023 | 990 | $11,232,125 | $12,670,821 | -$1,438,696 | $21,782,162 | $69,799 | $21,712,363 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $15,906,804
- Investment income
- $1,150,147
- Net gain from sales of assets
- $181,138
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $12,740,208
- Other salaries and wages
- $127,795
- Salaries, compensation and benefits (total)
- $392,913
- Professional fundraising fees
- $0
- Legal fees
- $40,020
- Accounting fees
- $16,299
- Occupancy
- $16,480
- Depreciation
- $13,450
Balance sheet and other
- Total assets, start of year
- $21,782,162
- Total assets, end of year
- $26,463,589
- Total liabilities, end of year
- $29,620
- Net assets, end of year
- $26,433,969
- Land, buildings and equipment
- $13,450
- Publicly traded securities
- $19,765,327
- Gross receipts
- $29,963,614
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1946
- State of legal domicile
- NY
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOE GIOVINCO | FUND MANAGER Officer | 5 | $0 | $139,945 |
| ANTHONY MIRANTI | EMPLOYER TRUSTEE Trustee or director | 1 | $0 | $45,939 |
| BRYAN MCCARTHY ESQ | EMPLOYER TRUSTEE Trustee or director | 1 | $19,643 | $0 |
| COSMO LUBRANO | TRUSTEE (P) Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYAN MCCARTHY ESQ | TRUSTEE Trustee or director | 1 | $18,000 |
| COSMO LUBRANO | TRUSTEE Trustee or director | 1 | $0 |
| JOE GIOVINCO | FUND ADMINISTRATOR Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 420 W MERRICK RD, VALLEY STREAM, NY 11580-5222
- In care of
- % TOY & NOVELTY WORKERS LOCAL 22 HE
- Principal officer (990 for 2024)
- JOE GIOVINCO, 420 W MERRICK ROAD, VALLEY STREAM, NY 11580
- Signed the 990
- JOE GIOVINCO, FUND ADMINISTRATOR
- Phone
- (516) 872-6690
- Return prepared by
- NOVAK FRANCELLA LLC
Mission
TO PROVIDE MEDICAL, HOSPITAL, SURGICAL, MAJOR MEDICAL, LIFE, DENTAL, OPTICAL, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND, WHERE APPLICABLE, MEDICAL CARE FOR THEIR FAMILIES.
Program accomplishments
- PROVIDE MEDICAL, HOSPITAL, SURGICAL, MAJOR MEDICAL, LIFE, DENTAL, OPTICAL, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND, WHERE APPLICABLE, MEDICAL CARE FOR THEIR FAMILIES.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1805529
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1958
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $26,463,589
- Income (IRS master file)
- $29,963,614
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $17,056,951 | $13,451,146 | $26,463,589 | XML |
| 990 | December 2023 | $11,232,125 | $12,670,821 | $21,782,162 | XML |
| 990 | December 2022 | $10,552,505 | $11,811,934 | $20,931,469 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 13-1805529).
Questions about SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY
- What is the EIN of SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY?
- The employer identification number (EIN) of SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY is 13-1805529.
- Is SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1958.
- Are donations to SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY 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 SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY 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 SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY 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 SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY?
- The 990 for the year ended December 31, 2024 names JOE GIOVINCO.
- Who are the officers and directors of SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization.
- How much revenue does SICK BENEFIT FUND OF LOCAL 223 AMALGAMETED INDUSTRIAL & TOY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $17,056,951, expenses of $13,451,146 and total assets of $26,463,589 at year end.
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