Public Charity

TEAMSTERS LOCAL 641 WELFARE FUND

Based in UNION, NJ, TEAMSTERS LOCAL 641 WELFARE FUND operates as a Public Charity. The organization reported $5.3M in revenue, $6.7M in expenses, $28.4M in total assets for fiscal year 2025.

EIN: 226220289 UNION, NJ Latest filing: 2025
Total Revenue$5.3M
Total Expenses$6.7M
Total Assets$28.4M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS.

Officers & Directors

TRUSTEE David Mazzella
PLAN MANAGER Diane Florian
TRUSTEE Gary Kane
TRUSTEE James Kilkenny
TRUSTEE Michael Marchello

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.3M $6.7M $28.4M
2024 $7.3M $10.0M $29.4M
2023 $11.7M $11.3M $32.5M
2022 $13.9M $13.8M $36.5M
2021 $10.8M $11.0M $38.1M

Between 2021 and 2025, reported annual revenue declined from $10.8M to $5.3M (-51%), with total assets most recently reported at $28.4M.

Interactive year-over-year charts and full filing details available with membership.

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