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← TEAMSTERS JOINT COUNCIL NO 53 RETIREE HEALTH AND WELFARE FUND

Form 990 for tax year 2024

Filed by TEAMSTERS JOINT COUNCIL NO 53 RETIREE HEALTH AND WELFARE FUND.

Totals

Total revenue
$2,443,047
Total expenses
$2,657,441
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,171,043
Investment income
$272,004
Other revenue
$0
Total assets, end of year
$7,733,268
Total liabilities, end of year
$65,551
Net assets or fund balances, end of year
$7,667,717
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 $1,570,931 · related or exempt $1,570,931

  • 2b · Program service revenue: PARTICIPANT CONTRIBUTI

    total $600,112 · related or exempt $600,112

  • 3 · Investment income

    total $231,550 · excluded $231,550

  • 7a · Gross sales of assets other than inventory

    securities $786,406

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

    securities $745,952

  • 7c · Gain or loss

    securities $40,454

  • 7d · Net gain or loss

    total $40,454 · excluded $40,454

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $2,527,838

  • 11b · Fees: legal

    total $540

  • 11c · Fees: accounting

    total $21,300

  • 11f · Fees: investment management

    total $6,839

  • 11g · Fees: other

    total $85,791

  • 13 · Office expenses

    total $5,183

  • 23 · Insurance

    total $8,189

  • 24a · Other expenses: PCORI FEE

    total $1,761

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $158,390 · end of year $230,718

  • 4 · Accounts receivable

    beginning of year $406,804 · end of year $627,658

  • 11 · Investments: publicly traded securities

    beginning of year $6,918,316 · end of year $6,874,892

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,607 · end of year $13,691

  • 25 · Other liabilities

    beginning of year $47,532 · end of year $51,860

  • 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 $7,428,371 · end of year $7,667,717

Mission and programs · 2024

Mission

THE PLAN PROVIDES MEDICAL, HOSPITAL, SURGICAL, PRESCRIPTION, DENTAL, AND VISION BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR SPOUSES. ELIGIBLE PARTICIPANTS MUST BE RECEIVING A PENSION FROM TEAMSTERS JOINT COUNCIL NO. 53 RETIREMENT TRUST AND HAVE REACHED AGE 55 WITH 10 YEARS OF SERVICE.

  • PROVIDE MEDICAL, HOSPITAL, SURGICAL, PRESCRIPTION, DENTAL, AND VISION BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR SPOUSES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Bryan Jr

    TRUSTEE

    Total calculated
    $300,397
    From this org
    $0
    From related orgs
    $190,882
    Other
    $109,515
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,882 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $74,762 related
    Nontaxable benefits
    $0 + $34,753 related
    Filer's total
    $0 + $300,397 related
  • Michael Bonaduce

    TRUSTEE

    Total calculated
    $280,403
    From this org
    $0
    From related orgs
    $213,715
    Other
    $66,688
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $213,715 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $65,473 related
    Nontaxable benefits
    $0 + $1,215 related
    Filer's total
    $0 + $280,403 related
  • Howard W Wells

    TRUSTEE/TREASURER

    Total calculated
    $280,047
    From this org
    $0
    From related orgs
    $203,631
    Other
    $76,416
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $203,631 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $74,661 related
    Nontaxable benefits
    $0 + $1,755 related
    Filer's total
    $0 + $280,047 related
  • Daniel Grace

    TRUSTEE

    Total calculated
    $241,550
    From this org
    $0
    From related orgs
    $165,200
    Other
    $76,350
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,200 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $41,243 related
    Nontaxable benefits
    $0 + $35,107 related
    Filer's total
    $0 + $241,550 related
  • Joseph Smith

    TRUSTEE

    Total calculated
    $234,677
    From this org
    $0
    From related orgs
    $138,979
    Other
    $95,698
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $138,979 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $60,234 related
    Nontaxable benefits
    $0 + $35,464 related
    Filer's total
    $0 + $234,677 related
  • Ed Thompson

    TRUSTEE

    Total calculated
    $198,790
    From this org
    $0
    From related orgs
    $130,837
    Other
    $67,953
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $130,837 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $66,738 related
    Nontaxable benefits
    $0 + $1,215 related
    Filer's total
    $0 + $198,790 related
  • Dennis Hower

    TRUSTEE

    Total calculated
    $197,533
    From this org
    $0
    From related orgs
    $145,488
    Other
    $52,045
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $145,488 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $50,830 related
    Nontaxable benefits
    $0 + $1,215 related
    Filer's total
    $0 + $197,533 related
  • William Hamilton

    TRUSTEE/CHAIRMAN

    Total calculated
    $183,780
    From this org
    $0
    From related orgs
    $106,778
    Other
    $77,002
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $106,778 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $48,821 related
    Nontaxable benefits
    $0 + $28,181 related
    Filer's total
    $0 + $183,780 related
  • Jock Rowe

    TRUSTEE (P)

    Total calculated
    $106,447
    From this org
    $0
    From related orgs
    $106,447
    Other
    $0
    Hours/week
    2 + 40 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

None.

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 corporations and trusts

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

  • ASP PERSONNEL SERVICES INC

    C · ADMINISTRATIVE · NJ

Provenance

Return type
form_990
Tax year
2024
Filed
11 April 2026
IRS schema version
2024v5.5
Source object
202601019349300820

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