Bricklayers & Allied Craftworkers Local 5 New York Welfare Fund

Organization Overview

Bricklayers & Allied Craftworkers Local 5 New York Welfare Fund is located in Rego Park, NY. The organization was established in 1961. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bricklayers & Allied Craftworkers Local 5 New York Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2023, Bricklayers & Allied Craftworkers Local 5 New York Welfare Fund generated $3.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.8m during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

HEALTH CARE COVERAGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE ELIGIBLE MEMBERS AND DEPENDENTS WITH COVERAGE FOR MAJOR MEDICAL BENEFITS, HOSPITAL EXPENSES, DIAG. X-RAY, LAB FEES, SURGERY, MEDICAL FEES, VISION, AND DENTAL BENEFITS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,478,714
Investment income $226,934
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $356,755
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,062,403

Peer Organizations

Organization NameAssets
United Food And Commercial Workers International Union
Plymouth Meeting, PA
$20,035,724
International Union Of Operating Engineers Local 15 15a 15b 15c 15d
Long Island City, NY
$25,631,489
Electrical Workers Local No 86 Insurance Fund Plan And Trust
Rochester, NY
$20,442,407
Retail Wholesale & Department Store Union
New York, NY
$14,103,317
American Federation Of State County & Municipal Employees
New York, NY
$17,048,174
International Union Of Painters And Allied Trades
New York, NY
$17,802,891
Council Of School Supervisors And Administrators Of The City Of Ny
New York, NY
$21,710,597
International Brotherhood Of Teamsters
New York, NY
$16,365,248
International Union Of Operating Engineers 825 825 A&b
Springfield, NJ
$16,392,995
New York State Correctional
Albany, NY
$17,361,532
Electrical Industry Apprentice Training Program
Flushing, NY
$11,413,766
Service Employees International Union
Marlborough, MA
$16,471,825
International Brotherhood Of Electrical Workers
Dorchester, MA
$22,738,916
Teamsters Local 97 Fund
Clark, NJ
$16,998,514
Trustees Local Union 400 Ibew Welfare Fund
West Trenton, NJ
$15,563,283
Laborers International Union Of North America
Astoria, NY
$15,516,336
International Union Of Operating Engineers
Fort Washington, PA
$13,432,649
Office And Professional Employees International Union
New York, NY
$20,239,669
International Union Of Operating Engineers Local 98
Southwick, MA
$16,668,641
Laborers International Union Of North America
Pittsburgh, PA
$16,370,565
Laborers International Union Of North America
Philadelphia, PA
$13,732,482
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe
Philadelphia, PA
$14,134,259
United Service Workers Union
New Rochelle, NY
$19,969,722
Ironworkers Union Local 7
South Boston, MA
$15,665,064
Local 825 Labor Management Fund
Springfield, NJ
$13,220,020

Create an account to unlock the data you need.

or