Noitu Insurance Trust Fund

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

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

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

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 not tax deductible.

Here 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) [Trustee/Director]
  • 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?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Noitu Insurance Trust Fund plays a vital role in providing health and other benefits to members and their dependents of the National Organization of Industrial Trade Unions and its affiliated locals. By offering essential services such as health coverage, the Trust Fund contributes to the overall well-being and security of its participants. Additionally, as a mutual benefit organization, Noitu Insurance Trust Fund fosters solidarity and support among its members, further enhancing their access to necessary resources and assistance.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    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
  • 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

    If you are a representative of Noitu Insurance Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.