Overview
What is Local 1199 Hospital League Health Care Industry Job Security Fund?
The Local 1199 Hospital League Health Care Industry Job Security Fund is a nonprofit organization located in New York, specifically at PO Box 842, New York, NY 10108. Although it does not directly undertake program services or report expenses, it plays a significant role in supporting individuals who lose their jobs in the healthcare industry. The fund offers retraining benefits, unemployment benefits, job security, and placement services to these individuals. These services are extended to participants who have been laid off from employment due to collective bargaining agreements between 1199SEIU New York's Health and Human Services Union, AFL-CIO (the Union) and the League of Voluntary Hospitals and Homes of New York and the Archdiocese of New York (collectively, the League), or other institutions. For more detailed information, you can refer to Part III.
Official website here: www.1199seiubenefits.org
Is Local 1199 Hospital League Health Care Industry Job Security Fund legitimate?
Local 1199 Hospital League Health Care Industry Job Security Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 1199 Hospital League Health Care Industry Job Security 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:
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For more financial information, click here
Official website here: www.1199seiubenefits.org
What is the mission statement of Local 1199 Hospital League Health Care Industry Job Security Fund?
The Local 1199 Hospital League Health Care Industry Job Security Fund is committed to providing support for individuals who have been laid off from their employment. Specifically, the fund offers retraining benefits, unemployment benefits, job security services, and job placement assistance to these individuals. While the fund does not provide program services or report expenses on Form 990, it is established under a collective bargaining agreement between 1199SEIU New York's Health and Human Services Union, AFL-CIO and the League of Voluntary Hospitals and Homes of New York and the Archdiocese of New York, or other institutions. The purpose of the fund is to help these laid-off workers secure new employment and gain the necessary skills to return to the workforce.
Official website here: www.1199seiubenefits.org
Who is the CEO of Local 1199 Hospital League Health Care Industry Job Security Fund?
Mercedes Mambru is the Employer Trustee of Local 1199 Hospital League Health Care Industry Job Security Fund.
Official website here: www.1199seiubenefits.org
What is the revenue of Local 1199 Hospital League Health Care Industry Job Security Fund?
Local 1199 Hospital League Health Care Industry Job Security Fund's revenue in 2022 was $5,613,667.
Official website here: www.1199seiubenefits.org
Who are the executives of Local 1199 Hospital League Health Care Industry Job Security Fund and what are their salaries?
Here are 43 key members and their salaries:
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- Compensation: $13,287
- Related: $650,332
- Other: $366,782
- Compensation: $36,918
- Related: $292,827
- Other: $154,139
- Compensation: $5,462
- Related: $267,332
- Other: $172,121
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- Related: $128,973
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- Related: $608,840
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- Related: $473,785
- Other: $268,279
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- Other: $209,409
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- Related: $381,632
- Other: $188,471
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- Related: $354,522
- Other: $174,664
Official website here: www.1199seiubenefits.org
Where can I find the form 990 for Local 1199 Hospital League Health Care Industry Job Security Fund?
Local 1199 Hospital League Health Care Industry Job Security 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 Local 1199 Hospital League Health Care Industry Job Security Fund
The Local 1199 Hospital League Health Care Industry Job Security Fund is an organization that offers various benefits and services to individuals who have been laid off from their employment. Its primary mission is to provide retraining benefits, unemployment benefits, job security, and job placement services for these individuals. The fund is specifically designed to assist participants who have been let go from their jobs by an employer that is subject to a collective bargaining agreement entered into between 1199SEIU New York's Health and Human Services Union, AFL-CIO (the Union) and the League of Voluntary Hospitals and Homes of New York and the Archdiocese of New York (collectively, the League), or other institutions (collectively, the "Others"). Although the fund does not report any expenses on Form 990, Part IX, Col (B), it is committed to providing these vital services to its participants.
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Impact
October, 2024
Local 1199 Hospital League Health Care Industry Job Security Fund provides essential support to individuals faced with job loss in the healthcare sector. By offering a range of benefits and services, the Fund plays a crucial role in ensuring participants can transition smoothly after layoffs. Key offerings include retraining benefits that help individuals acquire new skills necessary for today’s job market, unemployment benefits that provide financial assistance during periods of job searching, job security measures that protect their rights, and comprehensive job placement services that connect them with new employment opportunities.
This multifaceted support system not only aids participants in regaining stability but also enhances their prospects for long-term career success. By focusing on the needs of those affected by layoffs, the Fund contributes to a more resilient healthcare workforce, ultimately benefiting the broader community and industry in New York.
This information is meant to be a general summary of Local 1199 Hospital League Health Care Industry Job Security 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: $5,345,796
- Gross Receipts: $5,613,667
Assets and Liabilities:
- Total Assets: $15,194,542
- Total Liabilities: $3,559,329
- Net Assets: $11,635,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$5,345,796
Organization Details
Founding Year
1993
Phone
(646) 473-6656Principal Officer
Mercedes Mambru
Main Address
PO BOX 842, NEW YORK, NY, 10108
Website
www.1199seiubenefits.orgNTEE Category
Code: Y40 - Mutual benefit
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