Mission
THE PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL, VACATION, DENTAL, VISION, UNEMPLOYMENT, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Public Charity
LABORERS UNION LOCAL 1298 OF NASSAU & SUFFOLK COUNTIES WELFARE FUND
LABORERS UNION LOCAL 1298 OF NASSAU & SUFFOLK COUNTIES WELFARE FUND is a Public Charity headquartered in HEMPSTEAD, NY. Financial data from the 2025 filing: $41.6M revenue, $37.7M expenses, $53.9M total assets.
EIN: 111628171
HEMPSTEAD, NY
Latest filing: 2025
Total Revenue$41.6M
Total Expenses$37.7M
Total Assets$53.9M
Grant Records0
Filing Years2021–2025
Where $100 goes at Laborers Union Local 1298 of Nassau & Suffolk Counties Welfare Fund
How Laborers Union Local 1298 of Nassau & Suffolk Counties Welfare Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The purpose of the plan is to provide medical, vacation, dental, vision, unemployment, disability, and death benefits to eligible participants and their dependents
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
FUND ADMINISTRATOR
Annalisa Defalco
EMPLOYER TRUSTEE
Donna Defede
UNION TRUSTEE
Frank Damiano Jr
UNION TRUSTEE
George F Truicko Jr
UNION TRUSTEE
George S Truicko Iii
KEY EMPLOYEE
Guy Truicko
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $41.6M | $37.7M | $53.9M |
| 2024 | $38.5M | $36.9M | $48.9M |
| 2023 | $36.8M | $31.5M | $46.1M |
| 2022 | $33.5M | $35.0M | $39.4M |
| 2021 | $34.1M | $34.0M | $42.8M |
Between 2021 and 2025, reported annual revenue grew from $34.1M to $41.6M (+22%), with total assets most recently reported at $53.9M.
Interactive year-over-year charts and full filing details available with membership.