Mission
TO PROVIDE MEDICAL, VACATION, DEATH BENEFITS, PRESCRIPTION DRUG,OPTICAL, DENTAL, DISABILITY AND PAID FAMILY LEAVE TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Public Charity
DERRICKMEN'S WELFARE FUND LOCAL 197
DERRICKMEN'S WELFARE FUND LOCAL 197 is a Public Charity headquartered in NEW YORK CITY, NY. Financial data from the 2024 filing: $3.8M revenue, $4.7M expenses, $3.7M total assets.
EIN: 136121369
NEW YORK CITY, NY
Latest filing: 2024
Total Revenue$3.8M
Total Expenses$4.7M
Total Assets$3.7M
Grant Records0
Filing Years2020–2024
Officers & Directors
EMPLOYER TRUSTEE
Anthony Vespa
UNION TRUSTEE
Carole Raftrey
UNION TRUSTEE
David Carrua
EMPLOYER TRUSTEE
Marco Berardi
EMPLOYER TRUSTEE
Robert Weiss
UNION TRUSTEE
William Hayes
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.8M | $4.7M | $3.7M |
| 2023 | $5.0M | $5.7M | $4.7M |
| 2022 | $3.6M | $4.1M | $4.8M |
| 2021 | $4.6M | $5.1M | $5.9M |
| 2020 | $4.5M | $5.2M | $6.3M |
Between 2020 and 2024, reported annual revenue declined from $4.5M to $3.8M (-14%), with total assets most recently reported at $3.7M.
Interactive year-over-year charts and full filing details available with membership.