CSCharityScored
89

Teamster Local 641-Welfare Fund

Other · Union, New Jersey

714 Rahway Ave Ste 2, Union, NJ 07083-4604

EIN: 226220289· Founded: Dec 1974· 52 years active· Filing Year: 2023

Annual Revenue

$11.7M

Total Expenses

$11.3M

Total Assets

$32.5M

Program Spending

82%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$50K

0.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$123K

Total Payroll

$174K

2% of total expenses

Where the Money Goes

82%
Programs: 82%
Payroll: 2%
Other overhead: 18%
Program Revenue$9.2M (79%)
Total Expenses$11.3M (96%)
Payroll$174K (2%)
Overhead (non-program)18%

Trust Score Breakdown

Program Spending Ratio

82% of expenses go to programs

40%

Revenue & Stability

$11.7M annual revenue

15%

Executive Compensation

$50K total officer comp (0.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$32.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.