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NYC LOCAL 246 RETIREE WELFARE FUND
NEW YORK, NY · EIN 132864287 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$3.1M
expenses
$2.9M
net assets
$5.9M
employees
0
program ratio
0%
mission · from form 990

PROVIDE SUPPLEMENTAL HEALTH BENEFITS NOT PROVIDED BY EMPLOYER

profile · synthesized from sources

Provides supplemental health benefits to retired members of Local 246 in New York City. The fund covers health-related expenses not included in employer-provided plans, serving retirees through a dedicated welfare program. Operates in New York, NY with approximately $3 million in annual revenue.

named programs · 1 · from sources

What they call their work

Supplemental Health Benefits Program
Provides health-related financial assistance to retirees not covered by employer plans, including dental, vision, and prescription drug coverage.
activities · 1 group

What they do

  • Union and Association Benefit Funds 1 activity
    • Provides supplemental health benefits to retirees
      Offers health benefits to retirees for services not covered by employer-sponsored plans, enhancing access to necessary medical care.
financials · form 990 · fy2024
revenue
Total revenue$3.09M
Contributions & grants$00%
Program service revenue$1.86M60%
Investment income$255K8%
Other revenue$972K
expenses
Total expenses$2.91M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$2K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$6.63M
Cash$286K
Investments$5.71M
Liabilities$712K
Net assets$5.92M
Liquid reserves24.8 mo
5 years on record · 2020–2024 · YoY revenue +17.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
THOMAS GRAZIANO Trustee 2 $2K
board members · 6
  • ANTHONY REYES — Trustee
  • DOMINIC BAVARO — Trustee
  • JASON VETTER — Trustee
  • JOSEPH COLANGELO — Trustee/Admin
  • MARK BARDES — Trustee
  • PETER TUCCI — Trustee
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.