CSCharityScored
84

Teamsters Local Union No 408 I B Of T Welfare Fund

Other · Union, New Jersey

1907 Morris Ave, Union, NJ 07083-3506

EIN: 221668940· Founded: Jul 1964· 62 years active· Filing Year: 2023

Annual Revenue

$3.9M

Total Expenses

$4.2M

Total Assets

$12.7M

Program Spending

76%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$55K

1.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$43K

Total Payroll

$98K

2% of total expenses

Where the Money Goes

76%
Programs: 76%
Payroll: 2%
Other overhead: 24%
Program Revenue$3.2M (83%)
Total Expenses$4.2M (100%)
Payroll$98K (2%)
Overhead (non-program)24%

Trust Score Breakdown

Program Spending Ratio

76% of expenses go to programs

40%

Revenue & Stability

$3.9M annual revenue

15%

Executive Compensation

$55K total officer comp (1.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$12.7M 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.