Overview
What is 1199 Seiu League Training And Upgrading Fund?
The 1199 Seiu League Training and Upgrading Fund is a nonprofit organization based in New York, with a PO Box address in New York City, NY (10108). With approximately 110,200 members, they focus on the health care and human service industry. Their primary mission is to offer diverse educational and training programs to eligible employees, ensuring their skills are updated and enhanced. The Fund covers various expenses related to these programs, such as tuition, salaries, and reimbursements, as well as changes in benefit obligations and costs from related entities.
Official website here: www.1199seiubenefits.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
1199 SEIU League Training and Upgrading Fund has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's score reflects its strong performance in various financial metrics, demonstrating excellent management of resources and commitment to transparency. The rating is solely based on the Accountability & Finance criteria, which it excels in.
The fund benefits from a fully independent board, scoring 100% in that category, which suggests effective governance and oversight. Additionally, there are no recorded incidents of asset diversion, and the organization has robust financial oversight mechanisms in place, including a well-functioning audit and oversight committee. With a program expense ratio of over 80%, the organization allocates a significant portion of its budget directly to programs, ensuring that funds are utilized effectively to support its mission.
While the rating is impressive, the focus on accountability and finance means that other aspects of the organization's impact or community engagement are not assessed in this score. Nonetheless, the strong financial practices and commitment to transparency position the 1199 SEIU League Training and Upgrading Fund as a reliable nonprofit dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is 1199 Seiu League Training And Upgrading Fund legitimate?
1199 Seiu League Training And Upgrading Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1199 Seiu League Training And Upgrading 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,622,952
For more financial information, click here
Official website here: www.1199seiubenefits.org
What is the mission statement of 1199 Seiu League Training And Upgrading Fund?
The 1199 Seiu League Training and Upgrading Fund offers a range of educational and training programs to eligible employees in the healthcare and human service industry. Its mission is geared towards enriching the skills and knowledge of these individuals, enabling them to advance in their careers. The Fund provides various forms of financial assistance, including tuition reimbursement, tuition assistance, and salary adjustments. By doing so, it enhances the professional development of its members, ultimately contributing to their personal growth and the betterment of the industries they serve. Approximately 110,200 members are part of this organization.
Official website here: www.1199seiubenefits.org
Who is the CEO of 1199 Seiu League Training And Upgrading Fund?
Mercedes Mambru is the Employer Trustee of 1199 Seiu League Training And Upgrading Fund.
Official website here: www.1199seiubenefits.org
What is the revenue of 1199 Seiu League Training And Upgrading Fund?
1199 Seiu League Training And Upgrading Fund's revenue in 2022 was $73,721,196.
Official website here: www.1199seiubenefits.org
Who are the executives of 1199 Seiu League Training And Upgrading Fund and what are their salaries?
The average compensation at 1199 Seiu League Training And Upgrading Fund during 2022 was $31,608. There are 431 employees and 53 volunteers at 1199 Seiu League Training And Upgrading Fund.
Here are 62 key members and their salaries:
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- Related: $381,632
- Other: $188,471
Official website here: www.1199seiubenefits.org
Where can I find the form 990 for 1199 Seiu League Training And Upgrading Fund?
1199 Seiu League Training And Upgrading Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.1199seiubenefits.org
Learn more at the official website: www.1199seiubenefits.org
Mission Statement of 1199 Seiu League Training And Upgrading Fund
The 1199 Seiu League Training and Upgrading Fund is a nonprofit organization dedicated to providing a diverse range of educational and training programs to eligible employees in the healthcare and human service industry. With an approximate membership base of 110,200 individuals, the Fund is committed to enhancing the skills and knowledge of its members to help them advance in their careers.
Through the Fund's initiatives, eligible employees can benefit from various forms of financial assistance, including tuition reimbursement, tuition assistance, and salary support. The Fund also covers changes in benefit obligations and reimburses costs related to the programs. By investing in the professional development of its members, the 1199 Seiu League Training and Upgrading Fund empowers them to achieve their career goals and contribute more effectively to their workplaces.
The mission of the 1199 Seiu League Training and Upgrading Fund is to create opportunities for growth and advancement within the healthcare and human service industry. By offering a multitude of educational and training programs, the organization ensures that its members are equipped with the necessary skills and knowledge to excel in their roles and make a positive impact on the lives of those they serve. The commitment to continuous learning and development not only benefits individual members but also contributes to the overall improvement of the industries in which they work.
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Impact
October, 2024
The 1199 SEIU League Training and Upgrading Fund has a significant impact on the healthcare and human service workforce by offering a wide range of educational and training programs tailored to eligible employees in these sectors. With approximately 110,200 members, the Fund plays a crucial role in enhancing workforce skills, which in turn improves the quality of care provided to patients and clients.
By providing tuition reimbursement, tuition assistance, and additional support for continuing education, the Fund alleviates financial barriers for employees seeking to advance their careers. This investment not only empowers individuals through educational opportunities but also fosters a more skilled and knowledgeable workforce in crucial areas of healthcare and human services. As a result, organizations benefit from increased employee retention and performance, ultimately leading to better outcomes for those served within the community.
This information is meant to be a general summary of 1199 Seiu League Training And Upgrading 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $73,678,271
- Gross Receipts: $73,721,196
Assets and Liabilities:
- Total Assets: $48,484,426
- Total Liabilities: $14,484,916
- Net Assets: $33,999,510
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$69,271,025
OTHER PROGRAM SERVICE REVENUE
Revenue
$4,407,246
Organization Details
Founding Year
1969
Phone
(646) 473-6656Principal Officer
Mercedes Mambru
Main Address
PO BOX 842, NEW YORK, NY, 10108
Website
www.1199seiubenefits.orgNTEE Category
Code: J200 - Employment
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