Noitu Insurance Trust Fund

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

EIN: 111740492 ✦ Jamaica, NY ✦ Designated as a 501(c)(9)

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Overview

What is Noitu Insurance Trust Fund?

The Noitu Insurance Trust Fund is a multi-employer ERISA health and welfare plan based in Jamaica, New York, with an address at 148-06 Hillside Avenue, 11435. This nonprofit organization, which employs 77 individuals, is dedicated to providing health and other benefits to members and their eligible dependents of the National Organization of Industrial Trade Unions and its affiliated locals. The fund's mission is to ensure the participants have access to essential health services and additional benefits, making a significant difference in their quality of life.


Official website here: www.noitu.org

What are the reviews and ratings of this charity?

The Noitu Insurance Trust Fund is not currently rated by Charity Navigator. This nonprofit does not meet the requirements for evaluation by typical Charity Navigator metrics due to its non-501(c)(3) status. A lack of rating indicates neither a positive nor negative assessment, as certain financial and impact data necessary for evaluation are unavailable.

The organization is independent and does not fit the criteria typically used for nonprofit rating, such as Accountability & Finance or Impact & Measurement. There is no reported data on revenue, expenses, or salaries of key persons, which limits the ability to derive insights into its operational efficiencies or financial health.

Given the absence of user reviews on GreatNonprofits, there is no additional qualitative feedback available to assess the public perception or personal experiences with Noitu Insurance Trust Fund. Thus, the current insights remain generally limited to structural and compliance data.


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

Is Noitu Insurance Trust Fund legitimate?

Noitu Insurance Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Noitu Insurance Trust Fund 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: $560,097
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,821,324

For more financial information, click here


Official website here: www.noitu.org

What is the mission statement of Noitu Insurance Trust Fund?

The Noitu Insurance Trust Fund serves as a multi-employer ERISA health and welfare plan, offering health benefits and various other advantages to the members and their dependents within the National Organization of Industrial Trade Unions and its affiliated locals. The mission of this trust fund is geared towards providing essential health and additional benefits to participants and their eligible family members. Through this plan, the trust fund aims to ensure the wellbeing of the labor union members and their dependents by offering them comprehensive coverage and assistance.


Official website here: www.noitu.org

Who is the CEO of Noitu Insurance Trust Fund?

Andre Williams is the Director It Dept of Noitu Insurance Trust Fund.


Official website here: www.noitu.org

What is the revenue of Noitu Insurance Trust Fund?

Noitu Insurance Trust Fund's revenue in 2022 was $46,344,322.


Official website here: www.noitu.org

Who are the executives of Noitu Insurance Trust Fund and what are their salaries?

The average compensation at Noitu Insurance Trust Fund during 2022 was $43,915. There are 77 employees at Noitu Insurance Trust Fund.


Here are 16 key members and their salaries:


Farley Kamhi (Director It Dept)
  • Compensation: $244,781
  • Related: $0
  • Other: $87,688
Mark Green (Controller/Trst)
  • Compensation: $209,192
  • Related: $31,231
  • Other: $68,314
David Lieberman (Dir Of Llmdc)
  • Compensation: $211,774
  • Related: $0
  • Other: $72,587
Andre Williams (Cnsl & Plan Adm)
  • Compensation: $218,944
  • Related: $0
  • Other: $63,647
Elizabeth Forte (Dir Of Empl Servs)
  • Compensation: $161,376
  • Related: $0
  • Other: $82,244
Jaemin Kwak (Asst It Director)
  • Compensation: $159,951
  • Related: $0
  • Other: $47,482
Mariela Russel- Gore (Director Of Claims)
  • Compensation: $149,320
  • Related: $0
  • Other: $55,100
Arthur Orzano (Co Plan Admin)
  • Compensation: $142,572
  • Related: $0
  • Other: $0
Jacqueline Sacher (Assistant Controller)
  • Compensation: $69,026
  • Related: $5,102
  • Other: $31,001
Carlos Rodriguez (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irwin Siegel (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Reichmann (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Jones (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Abreu (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pedro Pacheco (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Siegel (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.noitu.org

Where can I find the form 990 for Noitu Insurance Trust Fund?

Noitu Insurance Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.noitu.org

Learn more at the official website: www.noitu.org

Mission Statement of Noitu Insurance Trust Fund

The Noitu Insurance Trust Fund, a prominent multi-employer ERISA health and welfare plan, is dedicated to providing essential health and additional benefits to the members and their eligible dependents of the National Organization of Industrial Trade Unions and its affiliated locals. This mission extends to ensuring the wellbeing of a vast number of individuals, who, through their union affiliation, gain access to vital resources and support for their health needs.

Noitu Insurance Trust Fund's primary goal is to offer a comprehensive range of benefits to those it serves, meeting their health requirements and going beyond to cater to various aspects of their wellbeing. By providing these benefits, the organization fosters a strong sense of security and peace of mind for its participants, enabling them to focus on their personal and professional growth.

In essence, the Noitu Insurance Trust Fund functions as a vital lifeline for the union community, providing them with essential health and related benefits that empower them to lead healthier, more secure lives. As a trusted partner to the National Organization of Industrial Trade Unions and its affiliated locals, the organization is committed to ensuring the welfare of its members and their dependents, delivering on its promise of care and support.

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Impact




October, 2024

The Noitu Insurance Trust Fund provides critical health and welfare benefits to members and their dependents associated with the National Organization of Industrial Trade Unions and its affiliated locals. By offering a multi-employer ERISA health and welfare plan, it ensures that participants have access to essential healthcare services and other benefits. This support significantly enhances the well-being of workers and their families, contributing to healthier communities and more secure livelihoods. In Jamaica, NY, its presence helps to uphold the financial stability and health security of those who depend on its services, reinforcing the value of collective support among union members.




This information is meant to be a general summary of Noitu Insurance Trust Fund. 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
$46,344,322 (2022)
Expenses
$43,927,169 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,558,762
  • Program Service Revenue: $43,628,638
  • Gross Receipts: $53,506,280

Assets and Liabilities:

  • Total Assets: $131,057,236
  • Total Liabilities: $15,025,012
  • Net Assets: $116,032,224

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Programs

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

COBRA contributions

Revenue

$155,184

Employer contributions

Revenue

$43,297,473

Participant contributions

Revenue

$175,981

Organization Details

Founding Year

1954

Principal Officer

Andre Williams

Main Address

148-06 HILLSIDE AVENUE, JAMAICA, NY, 11435

NTEE Category

Code: Y40 - Mutual benefit

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