Skip to content
Nonprofiteer
← TEAMSTERS 261 & EMPLOYERS WELFARE FUND

Form 990 for tax year 2024

Filed by TEAMSTERS 261 & EMPLOYERS WELFARE FUND.

Totals

Total revenue
$41,614,608
Total expenses
$41,960,901
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$39,059,650
Investment income
$936,882
Other revenue
$1,618,076
Total assets, end of year
$19,626,169
Total liabilities, end of year
$2,223,438
Net assets or fund balances, end of year
$17,402,731
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 $38,862,434 · related or exempt $38,862,434

  • 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS

    total $197,216 · related or exempt $197,216

  • 3 · Investment income

    total $863,227 · excluded $863,227

  • 7a · Gross sales of assets other than inventory

    securities $2,722,820

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

    securities $2,649,165

  • 7c · Gain or loss

    securities $73,655

  • 7d · Net gain or loss

    total $73,655 · excluded $73,655

  • 11a · Other revenue: STOP LOSS PROCEEDS

    total $1,617,708 · related or exempt $1,617,708

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $368 · related or exempt $368

  • 11e · Other revenue, total

    $1,618,076

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $37,330,309

  • 7 · Other salaries and wages

    total $118,318

  • 8 · Pension plan contributions

    total $38,968

  • 9 · Other employee benefits

    total $33,746

  • 10 · Payroll taxes

    total $9,419

  • 11b · Fees: legal

    total $22,400

  • 11c · Fees: accounting

    total $27,500

  • 11f · Fees: investment management

    total $85,181

  • 11g · Fees: other

    total $4,097,298

  • 13 · Office expenses

    total $18,730

  • 14 · Information technology

    total $62,627

  • 16 · Occupancy

    total $28,700

  • 19 · Conferences, conventions and meetings

    total $240

  • 22 · Depreciation, depletion and amortization

    total $228

  • 23 · Insurance

    total $20,095

  • 24a · Other expenses: BAD DEBTS

    total $50,963

  • 24b · Other expenses: OTHER TAXES PCORI

    total $14,754

  • 24c · Other expenses: ASSOCIATION DUES

    total $1,425

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $834,874 · end of year $1,253,953

  • 2 · Savings and temporary cash investments

    beginning of year $252,853 · end of year $276,683

  • 4 · Accounts receivable

    beginning of year $62,599 · end of year $24,668

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,438 · end of year $9,830

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

    $41,487

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

    $37,537

  • 10c · Land, buildings and equipment, net

    beginning of year $4,178 · end of year $3,950

  • 11 · Investments: publicly traded securities

    beginning of year $17,993,136 · end of year $18,057,085

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,571 · end of year $6,643

  • 19 · Deferred revenue

    beginning of year $1,656,264 · end of year $2,216,795

  • 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 $17,502,243 · end of year $17,402,731

Mission and programs · 2024

Mission

TO PROVIDE MEDICAL AND OTHER HEALTH RELATED BENEFITS TO ELIGIBLE PARTICIPANTS.

  • TO PROVIDE MEDICAL AND OTHER HEALTH RELATED BENEFITS TO ELIGIBLE EMPLOYEES AND RETIREES OF EMPLOYERS WHO ARE PART OF A COLLECTIVE BARGAINING AGREEMENT WIYH TEAMSTERS LOCAL UNION #261, AFFILIATED WITH THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS, OR OTHER LOCAL UNIONS.

As filed on the 2024 return.

Listed in Part VII

  • David Alters

    TRUSTEE

    Total calculated
    $88,100
    From this org
    $0
    From related orgs
    $88,100
    Other
    $0
    Hours/week
    40 + 1 related

  • Michael Leckwart

    TRUSTEE

    Total calculated
    $88,100
    From this org
    $0
    From related orgs
    $88,100
    Other
    $0
    Hours/week
    40 + 1 related

  • George Whippo

    TRUSTEE

    Total calculated
    $88,100
    From this org
    $0
    From related orgs
    $88,100
    Other
    $0
    Hours/week
    40 + 1 related

  • Bryan Dehart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0 + 1 related

  • William Strimbu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0 + 1 related

  • Will Thomas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0 + 1 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.

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.

  • AMERICAN BOTTLING

  • ARMSTRONG CO JAIL

  • BEAVER COUNTY TRANSIT AUTHORITY

  • BOROUGH OF WEST MIDDLESEX

  • BOROUGH OF GREENVILLE

  • BRIGHTON TOWNSHIP

  • BUFFALO TOWNSHIP

  • CHECK STOP PAYMENT F

  • CITY BREWERY CO

  • CITY OF HERMITAGE

  • CITY OF PITTSBURGH R

  • COLONIAL METAL PRODUCTS

  • DAIRY FARMERS OF AMERICA

  • DEVILBISS HEALTHCARE

  • DFA DAIRY BRANDS

  • ERIE METRO TRANSIT

  • FRANKLIN TOWNSHIP

  • FUHRER BEVERAGE CO

  • GREATER DAYTON RTA

  • HEMPFIELD TOWNSHIP

  • INMETCO

  • JEFFERSON TOWNSHIP

  • MAHONING TOWNSHIP

  • MCGUIRE MEMORIAL HOMES

  • MERCER BOROUGH

  • MERCER COUNCIL OF GOVERNMENTS

  • MERCER COUNTY COURTHOUSE

  • NICK STRIMBU TRUCKING

  • OHIOVILLE BOROUGH

  • OPANA LITIGATION-RX

  • OTIS CASE III

  • PLANTATION PARK

  • PULASKI TOWNSHIP

  • PYMATUNING TOWNSHIP

  • RANBAXY SETTLEMENT

  • SOUTH PYMATUNING TOWNSHIP

  • TANNER INDUSTRIES

  • TECNOCAP LLC

  • TITAN LEASINGYOURGA

  • WAMPUM UGCOMMCTR-

  • WAMPUM UNDERGROUND C

  • MCGUIRE MEMORIAL SCHOOL

Provenance

Return type
form_990
Tax year
2024
Filed
3 November 2025
IRS schema version
2024v5.2
Source object
202523089349302922

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.