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Nonprofit · EIN 15-0626264

IBEW LOCAL 325 JOINT TRUST FUND

Tax-exempt · BINGHAMTON, NY 13904

Financials

$6M$5.6M2022$6.7M$5.8M2023$7.7M$5.6M2024
Revenue Expenses · by fiscal year end
Financials of IBEW LOCAL 325 JOINT TRUST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$7,723,536$5,609,290$2,114,246$33,802,327$110,217$33,692,110
August 31, 2024990$6,714,969$5,774,972$939,997$31,716,332$93,709$31,622,623
August 31, 2023990$5,956,629$5,568,985$387,644$28,520,941$90,171$28,430,770
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,723,237
Investment income
$1,763,543
Net gain from sales of assets
$181,509
Other revenue
$236,756

Expenses

Grants and similar amounts paid
$16,000
Benefits paid to members
$5,012,157
Compensation of officers, directors and key employees
$1,273
Other salaries and wages
$88,468
Salaries, compensation and benefits (total)
$163,203
Professional fundraising fees
$0
Legal fees
$31,950
Accounting fees
$17,925
Occupancy
$20,709
Depreciation
$532

Balance sheet and other

Total assets, start of year
$31,716,332
Total assets, end of year
$33,802,327
Total liabilities, end of year
$110,217
Net assets, end of year
$33,692,110
Land, buildings and equipment
$1,861
Publicly traded securities
$17,918,820
Gross receipts
$27,718,791
Employees
13
Volunteers
0
Year formed
1961
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KELVIN HERRALATRUSTEE
Trustee or director
1$0$107,460$63,205
DAVID VANDUSENTRUSTEE
Trustee or director
1$787$0$3,185
DANIEL DVORSKYTRUSTEE
Trustee or director
1$0$0$0
MEREDITH KUMPONTRUSTEE
Trustee or director
1$0$0$0
MATT LABOSKYTRUSTEE
Trustee or director
1$0$0$0
SCOTT NEJESCHLEBATRUSTEE
Trustee or director
1$0$0$0
990 for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KELVIN HERRALATRUSTEE
Trustee or director
1$0$96,376$58,433
DUSTIN SEVERANCETRUSTEE
Trustee or director
1$185$0$113
DANIEL DVORSKYTRUSTEE
Trustee or director
1$0$0$0
MEREDITH KUMPONTRUSTEE
Trustee or director
1$0$0$0
MATT LABOSKYTRUSTEE
Trustee or director
1$0$0$0
SCOTT NEJESCHLEBATRUSTEE
Trustee or director
1$0$0$0
990 for the year ended August 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KELVIN HERRALATRUSTEE
Trustee or director
1$0$91,561$57,845
DUSTIN SEVERANCETRUSTEE
Trustee or director
1$1,414$0$894
DANIEL DVORSKYTRUSTEE
Trustee or director
1$0$0$0
MEREDITH KUMPONTRUSTEE
Trustee or director
1$0$0$0
MATT LABOSKYTRUSTEE
Trustee or director
1$0$0$0
SCOTT NEJESCHLEBATRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
142 CORPORATE DR, BINGHAMTON, NY 13904-3213
Principal officer (990 for 2024)
KELVIN HERRALA, 142 CORPORATE DRIVE, BINGHAMTON, NY 13904
Signed the 990
KELVIN HERRALA, TRUSTEE
Phone
(607) 797-1919
Return prepared by
D'ARCANGELO & CO LLP

Mission

SELF INSURED HEALTH AND WELFARE FUND FOR MEMBERS OF LOCAL 325.

990 for the year ended August 31, 2025

Program accomplishments

  • GROUP MEDICAL & DENTAL BENEFITS
    Expenses $5,012,157
  • SCHOLARSHIPS
    Expenses $16,000

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
15-0626264
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1964
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$33,802,327
Income (IRS master file)
$27,718,791

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$7,723,536$5,609,290$33,802,327XML
990August 2024$6,714,969$5,774,972$31,716,332XML
990August 2023$5,956,629$5,568,985$28,520,941XML
990August 2022$8,433,983$4,775,709$27,414,803IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 15-0626264).

Questions about IBEW LOCAL 325 JOINT TRUST FUND

What is the EIN of IBEW LOCAL 325 JOINT TRUST FUND?
The employer identification number (EIN) of IBEW LOCAL 325 JOINT TRUST FUND is 15-0626264.
Is IBEW LOCAL 325 JOINT TRUST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1964.
Are donations to IBEW LOCAL 325 JOINT TRUST FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IBEW LOCAL 325 JOINT TRUST 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 IBEW LOCAL 325 JOINT TRUST FUND due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IBEW LOCAL 325 JOINT TRUST FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of IBEW LOCAL 325 JOINT TRUST FUND?
The 990 for the year ended August 31, 2025 names KELVIN HERRALA.
Who are the officers and directors of IBEW LOCAL 325 JOINT TRUST FUND?
The 990 for the year ended August 31, 2025 lists 6 people; 1 received compensation from the organization.
How much revenue does IBEW LOCAL 325 JOINT TRUST FUND have?
On its 990 for the year ended August 31, 2025 it reported revenue of $7,723,536, expenses of $5,609,290 and total assets of $33,802,327 at year end.

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