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← THEATRICAL TEAMSTERS LOCAL 817 WELFARE FUND

Form 990 for tax year 2024

Filed by THEATRICAL TEAMSTERS LOCAL 817 WELFARE FUND.

Totals

Total revenue
$51,690,675
Total expenses
$36,770,658
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$45,309,248
Investment income
$6,381,427
Other revenue
$0
Total assets, end of year
$98,600,225
Total liabilities, end of year
$4,105,089
Net assets or fund balances, end of year
$94,495,136
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

    total $43,783,164 · related or exempt $43,783,164

  • 2b · Program service revenue: COBRA CONTRIBUTIONS

    total $1,526,084 · related or exempt $1,526,084

  • 3 · Investment income

    total $202,102 · excluded $202,102

  • 7a · Gross sales of assets other than inventory

    securities $31,682,195

  • 7b · Less cost or other basis and sales expenses

    securities $25,502,870

  • 7c · Gain or loss

    securities $6,179,325

  • 7d · Net gain or loss

    total $6,179,325 · excluded $6,179,325

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $35,670,055

  • 5 · Compensation of officers, directors and key employees

    total $287,527

  • 7 · Other salaries and wages

    total $178,793

  • 8 · Pension plan contributions

    total $34,503

  • 9 · Other employee benefits

    total $144,959

  • 10 · Payroll taxes

    total $35,233

  • 11b · Fees: legal

    total $21,913

  • 11c · Fees: accounting

    total $45,967

  • 11f · Fees: investment management

    total $121,891

  • 11g · Fees: other

    total $74,241

  • 13 · Office expenses

    total $37,072

  • 14 · Information technology

    total $40,874

  • 16 · Occupancy

    total $18,038

  • 17 · Travel

    total $1,407

  • 19 · Conferences, conventions and meetings

    total $10,759

  • 22 · Depreciation, depletion and amortization

    total $8,121

  • 23 · Insurance

    total $29,093

  • 24a · Other expenses: PCORI FEE

    total $6,909

  • 24b · Other expenses: DUES & MEMBERSHIPS

    total $2,265

  • 24c · Other expenses: TELEPHONE

    total $709

  • 24d · Other expenses: BANK CHARGES

    total $329

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,389,225 · end of year $4,972,289

  • 2 · Savings and temporary cash investments

    beginning of year $35,262 · end of year $321,980

  • 4 · Accounts receivable

    beginning of year $3,662,815 · end of year $4,134,405

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,345 · end of year $32,822

  • 10a · Land, buildings and equipment: cost or other basis

    $132,276

  • 10b · Land, buildings and equipment: accumulated depreciation

    $100,196

  • 10c · Land, buildings and equipment, net

    beginning of year $26,702 · end of year $32,080

  • 11 · Investments: publicly traded securities

    beginning of year $67,623,028 · end of year $89,075,256

  • 15 · Other assets

    beginning of year $47,468 · end of year $31,393

  • 17 · Accounts payable and accrued expenses

    beginning of year $254,847 · end of year $349,189

  • 25 · Other liabilities

    beginning of year $5,813,100 · end of year $3,755,900

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $68,735,898 · end of year $94,495,136

Mission and programs · 2024

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS

Activities or mission (Part I)

TO PROVIDE WELFARE BENEFITS TO PARTICIPANTS COVERED UNDER THE COLLECTIVE BARGAINING AGREEMENT.

  • THE WELFARE FUND PROVIDES HEALTH & WELFARE BENEFITS, HOLIDAY PAY, VACATION PAY, DEATH BENEFITS,AND DISABILITY BENEFITS TO ELIGIBLE MEMBERS. THERE WERE 687 PARTICIPANTS AT DECEMBER 31, 2024.

As filed on the 2024 return.

Listed in Part VII

  • ALLAN KRAHIEH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • THOMAS JO'DONNELL

    TRUSTEE

    Total calculated
    $456,403
    From this org
    $0
    From related orgs
    $322,990
    Other
    $133,413
    Hours/week
    2 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $322,990 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $39,317 related
    Nontaxable benefits
    $0 + $94,096 related
    Filer's total
    $0 + $456,403 related

  • GREGG CARLESIMO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • FRANCIS J CONNOLLY JR

    TRUSTEE

    Total calculated
    $415,730
    From this org
    $0
    From related orgs
    $298,158
    Other
    $117,572
    Hours/week
    2 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $298,158 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $36,281 related
    Nontaxable benefits
    $0 + $81,291 related
    Filer's total
    $0 + $415,730 related

  • BRIAN SALOMONE

    TRUSTEE

    Total calculated
    $334,539
    From this org
    $0
    From related orgs
    $240,196
    Other
    $94,343
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $240,196 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $29,101 related
    Nontaxable benefits
    $0 + $65,242 related
    Filer's total
    $0 + $334,539 related

  • KATHLEEN KREINBIHL

    FUND ADMINISTRATOR

    Total calculated
    $370,014
    From this org
    $158,967
    From related orgs
    $119,239
    Other
    $91,808
    Hours/week
    19 + 16 related

    Schedule J breakdown matched by us

    Base
    $158,967 + $119,239 related
    Bonus
    $0
    Other
    $0
    Deferred
    $19,076 + $14,309 related
    Nontaxable benefits
    $33,383 + $25,040 related
    Filer's total
    $211,426 + $158,588 related

  • CHRISTOPHER O'DONNELL

    ASSOCIATE FUND ADMINISTRAT

    Total calculated
    $193,051
    From this org
    $128,560
    From related orgs
    $16,591
    Other
    $47,900
    Hours/week
    30 + 5 related

    Schedule J breakdown matched by us

    Base
    $128,560 + $16,591 related
    Bonus
    $0
    Other
    $0
    Deferred
    $15,427 + $1,991 related
    Nontaxable benefits
    $26,998 + $3,484 related
    Filer's total
    $170,985 + $22,066 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202533219349311828

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