Based in ASTORIA, NY, MATERIAL YARD WORKERS LOCAL 1175 WELFARE FUND operates as a Public Charity. The organization reported $5.3M in revenue, $4.6M in expenses, $3.5M in total assets for fiscal year 2024.
TO PAY OR PROVIDE WELFARE BENEFITS DIRECTLY AND ALSO FOR THE PAYMENT OF PREMIUMS ON SUCH POLICIES OF GROUP LIFE INSURANCE, GROUP ACCIDENT AND HEALTH INSURANCE FOR MEDICAL AND SURGICAL CARE AND HOSPITALIZATION FOR MEMBERS OF THE UNION AND THEIR DEPENDENTS, AS THE TRUSTEES MAY DETERMINE, SUBJECT TO SUCH CONDITIONS AS TO LENGTH OF SERVICE IN THE INDUSTRY, LENGTH OF MEMBERSHIP IN THE UNION AND LENGTH OF PAYMENT BY THE EMPLOYER OF EMPLOYER CONTRIBUTIONS AS THE TRUSTEES MAY DETERMINE.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.3M | $4.6M | $3.5M |
| 2023 | $4.7M | $4.8M | $2.8M |
| 2022 | $4.2M | $4.2M | $2.4M |
| 2020 | $3.7M | $3.7M | $2.8M |
| 2019 | $3.6M | $3.5M | $2.8M |
Between 2019 and 2024, reported annual revenue grew from $3.6M to $5.3M (+46%), with total assets most recently reported at $3.5M.
Interactive year-over-year charts and full filing details available with membership.
