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Nonprofit · EIN 23-6737795

TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST

Tax-exempt · EGG HARBOR CY, NJ 08215

Financials

$129K$186K2023$168K$237K2024
Revenue Expenses · by fiscal year end
Financials of TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$168,364$237,231-$68,867$830,705$65,597$765,108
December 31, 2023990$129,351$185,653-$56,302$900,255$116,796$783,459
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$93,781
Investment income
$22,124
Other revenue
$52,459

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$70,924
Other salaries and wages
$9,404
Salaries, compensation and benefits (total)
$20,861
Professional fundraising fees
$0
Legal fees
$4,000
Accounting fees
$15,000
Occupancy
$15,580
Depreciation
$1,644

Balance sheet and other

Total assets, start of year
$900,255
Total assets, end of year
$830,705
Total liabilities, end of year
$65,597
Net assets, end of year
$765,108
Land, buildings and equipment
$9,860
Publicly traded securities
$438,888
Gross receipts
$168,364
Employees
2
Volunteers
0
Year formed
1983
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ABIMAEL ORTIZTRUSTEE
Trustee or director
2$0$91,173$84,514
ERICA N RASSMANNFUND ADMINISTRATOR
Trustee or director
50$0$77,745$80,313
MARCUS KINGTRUSTEE
Trustee or director
2$0$74,125$60,517
THOMAS RITTERTRUSTEE
Trustee or director
2$0$0$0
LUIS FONSECATRUSTEE
Trustee or director
2$0$0$0
RENEE TURNER-INMANTRUSTEE
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARCUS KINGTRUSTEE
Trustee or director
2$0$118,762$86,420
ABIMAEL ORTIZTRUSTEE
Trustee or director
2$0$77,992$74,005
THOMAS RITTERTRUSTEE
Trustee or director
2$0$0$0
LUIS FONSECATRUSTEE
Trustee or director
2$0$0$0
RENEE TURNER-INMANTRUSTEE
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
1 PHILADELPHIA AVE, EGG HARBOR CY, NJ 08215-1168
Principal officer (990 for 2024)
ABIMAEL ORTIZ, 1 PHILADELPHIA AVENUE, EGG HARBOR CITY, NJ 08215
Signed the 990
ABIMAEL ORTIZ, TRUSTEE
Phone
(609) 485-0837
Return prepared by
MSPC CPAS & ADVISORS PC

Mission

TO PROVIDE BENEFITS TO UNION MEMBERS. THESE BENEFITS INCLUDE HEALTH & WELFARE BENEFITS, SCHOLARSHIPS, TRAINING & LEGAL SERVICES

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE BENEFITS TO UNION MEMBERS. THESE BENEFITS INCLUDE HEALTH & WELFARE BENEFITS, SCHOLARSHIPS, TRAINING & LEGAL SERVICES

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
23-6737795
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$830,705
Income (IRS master file)
$168,364

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$168,364$237,231$830,705XML
990December 2023$129,351$185,653$900,255XML
990December 2022$127,410$136,967$804,007IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 23-6737795).

Questions about TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST

What is the EIN of TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST?
The employer identification number (EIN) of TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST is 23-6737795.
Is TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1983.
Are donations to TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST 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 TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST 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 TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST 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 TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST?
The 990 for the year ended December 31, 2024 names ABIMAEL ORTIZ.
Who are the officers and directors of TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does TEAMSTER LOCAL UNION 331 HEALTH & WELFARE TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $168,364, expenses of $237,231 and total assets of $830,705 at year end.

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