National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061268168 ✦ Valley stream, NY ✦ Designated as a 501(c)(9)

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Overview

What is National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan?

National Health Care Inc and Affiliate Voluntary Employee Benefit Assoc Plan is a nonprofit organization that offers health benefits to eligible employees of Riverside Health Care Center and related employers. Based in Valley Stream, New York, this Voluntary Employee Benefit Association (VEBA) is committed to providing essential health benefits to its participants. The organization's mission is to ensure the well-being of its members by collaborating with Riverside Health Care Center and related employers. The VEBA's activities focus on enhancing access to comprehensive health coverage for its participants.

What are the reviews and ratings of this charity?

The National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan is currently not rated by Charity Navigator. Their status as a non-501(c)(3) organization limits their eligibility for typical evaluation metrics like Accountability & Finance and Impact & Measurement, which are pivotal for a Charity Navigator rating. This lack of rating does not inherently reflect on their overall performance or staff integrity.

The absence of a rating stems from this nonprofit's ineligibility for standard rating processes such as electronically-filed Form 990 data over recent years or lack of tax-exempt status. Consequently, insights into their revenue, expenses, and key person salaries remain unavailable, which hinders a comprehensive understanding of their financial health and operational practices.

There are no user reviews available from GreatNonprofits to provide further context or community insights into this organization. As a result, individuals interested in supporting or engaging with this nonprofit may need to explore alternative sources for a more holistic view of their operations and impact.


This AI summary has been generated from information found on Charity Navigator.

Is National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan legitimate?

National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan?

The National Health Care Inc and Affiliate Voluntary Employee Benefit Assoc Plan acts as a voluntary association to extend health benefits to eligible employees. The primary mission of this organization is to provide health benefits for participating employees. The plan caters to the health and wellbeing needs of the staff members of Riverside Health Care Center and related employers. The association offers a range of benefits to enhance the overall health and wellbeing of its members. By facilitating access to health benefits, the organization aims to contribute significantly to the welfare of its members and their families.

Who is the CEO of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan?

Marvin Ostreicher is the Trustee of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan.

What is the revenue of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan?

National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan's revenue in 2022 was $36,060,280.

Who are the executives of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan and what are their salaries?


Here are 2 key members and their salaries:


Marvin Ostreicher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Bokow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan?

National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan

National Health Care Inc and Affiliate Voluntary Employee Benefit Assoc Plan, often referred to as the Benefit Association, is a mission-driven organization that aims to offer health benefits to eligible employees of Riverside Health Care Center and related employers. In simpler terms, it serves as a voluntary association that provides participating members with essential health and additional benefits.

The Benefit Association's primary goal is to enhance the well-being and overall health of its members by offering a comprehensive suite of benefits. The organization's activities revolve around providing access to various health-related services to ensure that its members can maintain good health and address their wellness needs effectively. By doing so, the Benefit Association contributes significantly to the overall morale and productivity of the workforce, enabling them to focus on their professional pursuits while having peace of mind regarding their health and that of their families.

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Impact




August, 2024

The impact of the National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan is significant in providing health and other benefits to eligible employees of Riverside Health Care Center and related employers. By offering a voluntary employee benefit association, this plan helps improve the well-being and financial security of participants by ensuring they have access to essential health benefits. This initiative plays a crucial role in supporting the workforce within the organization and promoting a culture of mutual benefit and support.




This information is meant to be a general summary of National Health Care Inc And Affiliate Voluntary Employee Benefit Assoc Plan. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$36,060,280 (2022)
Expenses
$42,370,493 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $36,060,280
  • Gross Receipts: $36,060,280

Assets and Liabilities:

  • Total Assets: $1,585,757
  • Total Liabilities: $7,761,664
  • Net Assets: -$6,175,907

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$25,741,185

EMPLOYEE CONTRIBUTIONS

Revenue

$10,114,118

COBRA CONTRIBUTIONS

Revenue

$204,977

Organization Details

Founding Year

1989

Principal Officer

Marvin Ostreicher

Main Address

20 EAST SUNRISE HIGHWAY, VALLEY STREAM, NY, 11581

NTEE Category

Code: Y40 - Mutual benefit

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