Teamsters Union Local 25 Health Services & Insurance Plan
501(c)(9)
Only null% goes to programs Strong reserves
Teamsters Union Local 25 Health Services & Insurance Plan is a 501(c)(9) organization based in Charlestown, Massachusetts, registered in 1957, with $209,626,691 in FY2024 revenue. CharityIndex grades it A.
529 Main St Ste 209 Ste 20, Charlestown, MA, 02129 EIN 04-2226511 Since 1957
Revenue (FY2024)
$209.6M
▲ 3.3% vs prior year
Expenses (FY2024)
$180.8M
Net assets
$449.3M
Employees
67
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Teamsters Union Local 25 Health Services & Insurance Plan— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Teamsters Union Local 25 Health Services & Insurance Plan: 30 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Teamsters Union Local 25 Health Services & Insurance Plan: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Teamsters Union Local 25 Health Services & Insurance Plan: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
The plan provides medical, hospitalization, dental, vision, hearing, life insurance, counseling, weekly disability, and prescription drug benefits for eligible participants and their dependents. the plan also provides a program of benefits for eligible retirees.
Contact & location
- Address
- 529 Main St Ste 209 Ste 20, Charlestown, MA, 02129
- City
- Charlestown
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $119.2M (FY2013) to $209.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.3MNet assets $449.3M
Operating margin
13.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$452.5M
Total liabilities
$3.3M
Net assets
$449.3M
Salaries & benefits
$8.9M
5% of expenses
Board members
7
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $209,626,691▲3.3% | $180,846,206▲6.8% | $449,286,670▲10.5% | $452,546,257▲10.3% | 990 |
| 2023 | $202,835,150▲1.6% | $169,328,568▲3.4% | $406,694,144▲16.0% | $410,298,187▲15.6% | 990 |
| 2022 | $199,686,592▼3.3% | $163,801,229▲4.6% | $350,561,070▲13.8% | $354,814,661▲14.9% | 990 |
| 2021 | $206,440,171▲11.5% | $156,655,133▲6.1% | $307,948,330▲1.0% | $308,767,057▲0.9% | 990 |
| 2020 | $185,091,429▲13.2% | $147,582,801▼3.3% | $304,936,946▲26.5% | $306,088,595▲26.4% | 990 |
| 2019 | $163,439,906▲0.7% | $152,603,994▲4.3% | $241,091,010▲14.4% | $242,241,744▲14.4% | 990 |
| 2018 | $162,237,978▲7.7% | $146,358,765▲3.7% | $210,670,115▲10.3% | $211,725,374▲10.2% | 990 |
| 2017 | $150,648,540▲7.3% | $141,163,831▲3.1% | $191,023,641▲10.0% | $192,102,113▲10.1% | 990 |
| 2016 | $140,447,252▲1.2% | $136,898,065▲2.9% | $173,713,791▲11.7% | $174,551,287▲11.6% | 990 |
| 2015 | $138,753,554▲6.9% | $132,981,270▲7.4% | $155,569,948▲7.7% | $156,352,816▲7.6% | 990 |
| 2014 | $129,840,979▲8.9% | $123,814,992▲7.9% | $144,457,150▼1.0% | $145,282,740▼1.0% | 990 |
| 2013 | $119,183,621 | $114,738,335▲6.2% | $145,887,488▲10.0% | $146,768,080▲10.1% | 990 |
| 2012 | — | $108,049,028▲0.5% | $132,640,455▲3.8% | $133,342,093▲3.8% | 990 |
| 2011 | — | $107,508,756▲9.5% | $127,734,626▲12.9% | $128,472,117▲12.6% | 990 |
| 2010 | — | $98,145,030▼4.6% | $113,106,270▲12.6% | $114,056,217▲12.5% | 990 |
| 2009 | — | $102,909,308 | $100,488,500 | $101,341,479 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Maria Gnerre — $214,998 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Maria Gnerre | Executive Director | 40 | $214,998 |
| Laurie Murphy | Dental Director | 40 | $173,907 |
| Mark C Antidormi | Pharmacy Director | 40 | $172,517 |
| Anissa Derrouche | Dental Manager | 40 | $172,226 |
| Joanne Schultz | Dentist | 40 | $165,113 |
| Azita Negahban | Dentist | 40 | $153,905 |
| Andrew P Walsh | Union Trustee (p) | 2 | — |
| Ed Devito | Employer Trustee | 2 | — |
| Jason Lopes | Union Trustee | 2 | — |
| Jason Paradis | Employer Trustee | 2 | — |
| John White | Employer Trustee | 2 | — |
| Joseph F Foti | Union Trustee | 2 | — |
| Matthew Loughlin | Employer Trustee (p) | 2 | — |
| Michael Shaughnessy | Employer Trustee, Co-chair | 2 | — |
| Steven J South | Union Trustee | 2 | — |
| Thomas G Mari | Union Trustee, Co-chairman | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Bluecross Blueshield of Massachusetts | Claims Administration | $278,739 |
| Midwest Institutional Trust Company | Custodial and Investment Mgt | $183,339 |
| Emerald Green Building Service LLC | Building Services | $146,255 |
| Feinberg Dumont & Brennan | Legal | $141,409 |
| Sea Change Systems Inc | It | $140,594 |
Frequently asked questions
- Is Teamsters Union Local 25 Health Services & Insurance Plan a legitimate nonprofit?
- Yes. Teamsters Union Local 25 Health Services & Insurance Plan is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 04-2226511, based in Charlestown, Massachusetts.
- What is Teamsters Union Local 25 Health Services & Insurance Plan's EIN?
- Teamsters Union Local 25 Health Services & Insurance Plan's Employer Identification Number (EIN) is 04-2226511.
- How much revenue does Teamsters Union Local 25 Health Services & Insurance Plan report?
- Teamsters Union Local 25 Health Services & Insurance Plan reported $209,626,691 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Teamsters Union Local 25 Health Services & Insurance Plan have?
- CharityIndex grades Teamsters Union Local 25 Health Services & Insurance Plan A, based on financial health (reserves and operating margin).
- How much does Teamsters Union Local 25 Health Services & Insurance Plan's highest-paid employee make?
- The highest reported compensation on Teamsters Union Local 25 Health Services & Insurance Plan's latest Form 990 is $214,998, paid to Maria Gnerre (Executive Director).
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Data for Teamsters Union Local 25 Health Services & Insurance Plan (EIN 04-2226511) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.