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Employer Identification Number 11-1628171

BOARD OF TRUSTEES LOCAL 1298 WELFARE FUND is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:BOARD OF TRUSTEES LOCAL 1298 WELFARE FUND
Employer identification number (EIN):11-1628171
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:525100
NAIC Description: Insurance and Employee Benefit Funds
401k Pension/Benefits registration BOARD OF TRUSTEES LOCAL 1298 WELFARE FUND 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementThe purpose of the plan is to provide medical, vacation, dental, vision, unemployment, disability, and death benefits to eligible participants and their dependents.
Number of Employees9
Number of Volunteers0
Year Formed1950

Organization Governance

Legal DomicileNY
Voting Members - Governing Body8
Voting Members - Independent4

Organization Financials

2025-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 37,009,045
Program Service Revenue from current yearUSD $ 40,117,762
Investment Income from prior yearUSD $ 1,494,795
Investment Income from current yearUSD $ 1,510,269
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 52,078,957
Net assets / fund balances at end of fiscal yearUSD $ 53,676,637
Net assets / fund balances at beginning of fiscal yearUSD $ 48,363,944
Total liabilities at end of fiscal yearUSD $ 265,507
Total liabilities at beginning of fiscal yearUSD $ 510,492
Total assets at end of fiscal yearUSD $ 53,942,144
Total assets at beginning of fiscal yearUSD $ 48,874,436
Revenues less expenses for current yearUSD $ 3,951,763
Revenues less expenses for previous yearUSD $ 1,637,606
Total expenses for current yearUSD $ 37,676,268
Total expenses for previous yearUSD $ 36,866,234
Other expenses in current yearUSD $ 1,186,940
Other expenses in previous yearUSD $ 1,818,686
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,139,523
Employee salary and benefits paid in previous yearUSD $ 1,108,621
Benefits paid to or for members in current yearUSD $ 35,349,805
Benefits paid to or for members in previous yearUSD $ 33,938,927
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,628,031
Total revenue in previous fiscal yearUSD $ 38,503,840
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 32,672,372
Program Service Revenue from current yearUSD $ 35,814,964
Investment Income from prior yearUSD $ 788,505
Investment Income from current yearUSD $ 1,017,744
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 39,723,120
Net assets / fund balances at end of fiscal yearUSD $ 45,358,982
Net assets / fund balances at beginning of fiscal yearUSD $ 39,163,301
Total liabilities at end of fiscal yearUSD $ 755,726
Total liabilities at beginning of fiscal yearUSD $ 276,879
Total assets at end of fiscal yearUSD $ 46,114,708
Total assets at beginning of fiscal yearUSD $ 39,440,180
Revenues less expenses for current yearUSD $ 5,373,701
Revenues less expenses for previous yearUSD $ -1,524,621
Total expenses for current yearUSD $ 31,459,007
Total expenses for previous yearUSD $ 34,985,498
Other expenses in current yearUSD $ 1,498,954
Other expenses in previous yearUSD $ 1,540,729
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,095,293
Employee salary and benefits paid in previous yearUSD $ 1,092,842
Benefits paid to or for members in current yearUSD $ 28,864,760
Benefits paid to or for members in previous yearUSD $ 32,351,927
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 36,832,708
Total revenue in previous fiscal yearUSD $ 33,460,877
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 30,355,139
Program Service Revenue from current yearUSD $ 32,672,372
Investment Income from prior yearUSD $ 3,719,717
Investment Income from current yearUSD $ 788,505
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 36,220,011
Net assets / fund balances at end of fiscal yearUSD $ 39,163,301
Net assets / fund balances at beginning of fiscal yearUSD $ 42,573,244
Total liabilities at end of fiscal yearUSD $ 276,879
Total liabilities at beginning of fiscal yearUSD $ 263,166
Total assets at end of fiscal yearUSD $ 39,440,180
Total assets at beginning of fiscal yearUSD $ 42,836,410
Revenues less expenses for current yearUSD $ -1,524,621
Revenues less expenses for previous yearUSD $ 43,050
Total expenses for current yearUSD $ 34,985,498
Total expenses for previous yearUSD $ 34,031,806
Other expenses in current yearUSD $ 1,540,729
Other expenses in previous yearUSD $ 1,479,033
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,092,842
Employee salary and benefits paid in previous yearUSD $ 1,098,247
Benefits paid to or for members in current yearUSD $ 32,351,927
Benefits paid to or for members in previous yearUSD $ 31,454,526
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 33,460,877
Total revenue in previous fiscal yearUSD $ 34,074,856
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 30,371,456
Program Service Revenue from current yearUSD $ 30,355,139
Investment Income from prior yearUSD $ 910,315
Investment Income from current yearUSD $ 3,719,717
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 39,483,835
Net assets / fund balances at end of fiscal yearUSD $ 42,573,244
Net assets / fund balances at beginning of fiscal yearUSD $ 42,524,533
Total liabilities at end of fiscal yearUSD $ 263,166
Total liabilities at beginning of fiscal yearUSD $ 45,047
Total assets at end of fiscal yearUSD $ 42,836,410
Total assets at beginning of fiscal yearUSD $ 42,569,580
Revenues less expenses for current yearUSD $ 43,050
Revenues less expenses for previous yearUSD $ 1,549,455
Total expenses for current yearUSD $ 34,031,806
Total expenses for previous yearUSD $ 29,732,316
Other expenses in current yearUSD $ 1,479,033
Other expenses in previous yearUSD $ 1,316,463
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,098,247
Employee salary and benefits paid in previous yearUSD $ 982,213
Benefits paid to or for members in current yearUSD $ 31,454,526
Benefits paid to or for members in previous yearUSD $ 27,433,640
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 34,074,856
Total revenue in previous fiscal yearUSD $ 31,281,771
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 27,488,735
Program Service Revenue from current yearUSD $ 30,371,456
Investment Income from prior yearUSD $ 3,554,083
Investment Income from current yearUSD $ 910,315
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 31,281,771
Net assets / fund balances at end of fiscal yearUSD $ 42,524,533
Net assets / fund balances at beginning of fiscal yearUSD $ 40,272,365
Total liabilities at end of fiscal yearUSD $ 45,047
Total liabilities at beginning of fiscal yearUSD $ 29,461
Total assets at end of fiscal yearUSD $ 42,569,580
Total assets at beginning of fiscal yearUSD $ 40,301,826
Revenues less expenses for current yearUSD $ 1,549,455
Revenues less expenses for previous yearUSD $ 1,003,575
Total expenses for current yearUSD $ 29,732,316
Total expenses for previous yearUSD $ 30,039,243
Other expenses in current yearUSD $ 1,316,463
Other expenses in previous yearUSD $ 1,343,539
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 982,213
Employee salary and benefits paid in previous yearUSD $ 1,010,305
Benefits paid to or for members in current yearUSD $ 27,433,640
Benefits paid to or for members in previous yearUSD $ 27,685,399
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 31,281,771
Total revenue in previous fiscal yearUSD $ 31,042,818
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 22,833,889
Program Service Revenue from current yearUSD $ 25,365,868
Investment Income from prior yearUSD $ 764,424
Investment Income from current yearUSD $ 765,697
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 33,632,501
Net assets / fund balances at end of fiscal yearUSD $ 40,725,495
Net assets / fund balances at beginning of fiscal yearUSD $ 38,972,223
Total liabilities at end of fiscal yearUSD $ 115,972
Total liabilities at beginning of fiscal yearUSD $ 317,806
Total assets at end of fiscal yearUSD $ 40,841,467
Total assets at beginning of fiscal yearUSD $ 39,290,029
Revenues less expenses for current yearUSD $ 822,869
Revenues less expenses for previous yearUSD $ 1,058,701
Total expenses for current yearUSD $ 25,308,696
Total expenses for previous yearUSD $ 22,539,612
Other expenses in current yearUSD $ 1,284,589
Other expenses in previous yearUSD $ 1,311,755
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 977,693
Employee salary and benefits paid in previous yearUSD $ 929,935
Benefits paid to or for members in current yearUSD $ 23,046,414
Benefits paid to or for members in previous yearUSD $ 20,297,922
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 26,131,565
Total revenue in previous fiscal yearUSD $ 23,598,313
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 22,117,337
Program Service Revenue from current yearUSD $ 22,833,889
Investment Income from prior yearUSD $ 762,619
Investment Income from current yearUSD $ 764,424
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 31,145,870
Net assets / fund balances at end of fiscal yearUSD $ 38,972,223
Net assets / fund balances at beginning of fiscal yearUSD $ 36,795,779
Total liabilities at end of fiscal yearUSD $ 317,806
Total liabilities at beginning of fiscal yearUSD $ 402,951
Total assets at end of fiscal yearUSD $ 39,290,029
Total assets at beginning of fiscal yearUSD $ 37,198,730
Revenues less expenses for current yearUSD $ 1,058,701
Revenues less expenses for previous yearUSD $ 1,616,343
Total expenses for current yearUSD $ 22,539,612
Total expenses for previous yearUSD $ 21,263,613
Other expenses in current yearUSD $ 1,311,755
Other expenses in previous yearUSD $ 1,350,855
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 929,935
Employee salary and benefits paid in previous yearUSD $ 956,148
Benefits paid to or for members in current yearUSD $ 20,297,922
Benefits paid to or for members in previous yearUSD $ 18,956,610
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 23,598,313
Total revenue in previous fiscal yearUSD $ 22,879,956
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 17,380,020
Program Service Revenue from current yearUSD $ 20,089,734
Investment Income from prior yearUSD $ 1,233,789
Investment Income from current yearUSD $ 835,555
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 33,205,379
Net assets / fund balances at end of fiscal yearUSD $ 35,155,579
Net assets / fund balances at beginning of fiscal yearUSD $ 35,719,975
Total liabilities at end of fiscal yearUSD $ 338,864
Total liabilities at beginning of fiscal yearUSD $ 136,799
Total assets at end of fiscal yearUSD $ 35,494,443
Total assets at beginning of fiscal yearUSD $ 35,856,774
Revenues less expenses for current yearUSD $ -882,133
Revenues less expenses for previous yearUSD $ -1,938,082
Total expenses for current yearUSD $ 21,807,422
Total expenses for previous yearUSD $ 20,551,891
Other expenses in current yearUSD $ 702,266
Other expenses in previous yearUSD $ 523,408
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 954,244
Employee salary and benefits paid in previous yearUSD $ 945,489
Benefits paid to or for members in current yearUSD $ 20,150,912
Benefits paid to or for members in previous yearUSD $ 19,082,994
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 20,925,289
Total revenue in previous fiscal yearUSD $ 18,613,809
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0

Other Company Names associated with EIN

LABORERS UNION LOCAL 1298 OF NASSAU &
LABORERS LOCAL 1298 OF NASSAU & SUFFOLK

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 111628171

USA Mailing Address
PO BOX 309
HEMPSTEAD
NY
11551
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Mailing Address
681 FULTON AVENUE
HEMPSTEAD
NY
11550
Date first seen: 2007-01-01
Date last seen: 2026-06-20

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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