Nonprofit · EIN 23-7364065
HEALTH & WELFARE FUND OF TEAMSTERS LOCAL
Also known as LOCAL 12
Tax-exempt · VALLEY VIEW, OH 44125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,148,734 | $1,424,623 | -$275,889 | $956,445 | $17,752 | $938,693 |
| December 31, 2023 | 990 | $1,350,689 | $1,520,864 | -$170,175 | $1,242,915 | $28,333 | $1,214,582 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,086,627
- Investment income
- $44,236
- Other revenue
- $17,871
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,263,380
- Other salaries and wages
- $40,820
- Salaries, compensation and benefits (total)
- $44,192
- Professional fundraising fees
- $0
- Legal fees
- $15,764
- Accounting fees
- $14,400
Balance sheet and other
- Total assets, start of year
- $1,242,915
- Total assets, end of year
- $956,445
- Total liabilities, end of year
- $17,752
- Net assets, end of year
- $938,693
- Net assets without donor restrictions
- $938,693
- Gross receipts
- $1,148,734
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1972
- State of legal domicile
- OH
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 |
|---|---|---|---|
| FRANK GRACE | CHAIRMAN / TRUSTEE Trustee or director, Officer | 4 | – |
| PAUL CAVANAGH | TRUSTEE Trustee or director, Officer | 2 | $0 |
| MARK ZACKERY | TRUSTEE Trustee or director | 2 | $0 |
| CHERRI BRADY | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK GRACE | CHAIRMAN / TRUSTEE | 4 | $0 |
| PAUL CAVANAGH | TRUSTEE | 2 | $0 |
| MARK ZACKERY | TRUSTEE | 2 | $0 |
| CHERRI BRADY | TRUSTEE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 6051 CAREY DR, VALLEY VIEW, OH 44125-4259
- Principal officer (990 for 2024)
- FRANK GRACE, 6051 CAREY DRIVE, VALLEY VIEW, OH 44125
- Signed the 990
- FRANK GRACE, TRUSTEE
- Phone
- (440) 234-0473
- Return prepared by
- J SCHAEFER & COMPANY LLC
Mission
TO PROVIDE MEDICAL, DENTAL, VISION AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS
Program accomplishments
- TO PROVIDE MEDICAL, DENTAL, VISION AND DISABILITY BENEFITS TO 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 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
- 23-7364065
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $956,445
- Income (IRS master file)
- $1,148,734
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,148,734 | $1,424,623 | $956,445 | XML |
| 990 | December 2023 | $1,350,689 | $1,520,864 | $1,242,915 | XML |
| 990 | December 2022 | $1,348,382 | $1,651,919 | $1,400,461 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-7364065).
Questions about HEALTH & WELFARE FUND OF TEAMSTERS LOCAL
- What is the EIN of HEALTH & WELFARE FUND OF TEAMSTERS LOCAL?
- The employer identification number (EIN) of HEALTH & WELFARE FUND OF TEAMSTERS LOCAL is 23-7364065.
- Is HEALTH & WELFARE FUND OF TEAMSTERS LOCAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1974.
- Are donations to HEALTH & WELFARE FUND OF TEAMSTERS LOCAL tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEALTH & WELFARE FUND OF TEAMSTERS LOCAL 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 TEAMSTERS LOCAL 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 TEAMSTERS LOCAL 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 TEAMSTERS LOCAL?
- The 990 for the year ended December 31, 2024 names FRANK GRACE.
- Who are the officers and directors of HEALTH & WELFARE FUND OF TEAMSTERS LOCAL?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does HEALTH & WELFARE FUND OF TEAMSTERS LOCAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,148,734, expenses of $1,424,623 and total assets of $956,445 at year end.
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