1199Seiu Greater New York Benefit Fund

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

EIN: 136125570 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is 1199Seiu Greater New York Benefit Fund?

The 1199Seiu Greater New York Benefit Fund is a nonprofit organization based in New York, NY. Despite not reporting expenses on Form 990 or providing program services, this fund plays a crucial role by offering health and welfare benefits to its eligible participants, as outlined in their collective bargaining agreement and trust document. In the year 2022, the fund successfully provided these benefits to a total of 19,314 members.


Official website here: www.1199seiubenefits.org

What are the reviews and ratings of this charity?

The 1199SEIU Greater New York Benefit Fund currently lacks a rating from Charity Navigator. This absence is primarily due to the organization's classification, which prevents the evaluation of its Impact & Measurement, Culture & Community, and Leadership & Adaptability beacons. The lack of a Charity Navigator rating doesn't inherently suggest a positive or negative standing but rather reflects limitations in evaluative data specific to its structure.

Charity Navigator evaluations typically apply to organizations classified under 501(c)(3) status due to tax exemption viability and other factors. Since the 1199SEIU Greater New York Benefit Fund does not fall under this designation, detailed insights into revenue, expenses, or leader salary information remain unpublished on Charity Navigator.

User feedback from GreatNonprofits for the 1199SEIU Greater New York Benefit Fund is unavailable at this time, limiting the analysis of direct public sentiment towards the organization. Without these reviews, it's challenging to assess user interaction and satisfaction quantitatively or qualitatively.


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

Is 1199Seiu Greater New York Benefit Fund legitimate?

1199Seiu Greater New York Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. 1199Seiu Greater New York Benefit 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: $260,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,694,734

For more financial information, click here


Official website here: www.1199seiubenefits.org

What is the mission statement of 1199Seiu Greater New York Benefit Fund?

The 1199Seiu Greater New York Benefit Fund is dedicated to providing health and welfare benefits to eligible participants, as outlined in the collective bargaining agreement and trust document. The organization's primary focus is on delivering these benefits to those who meet the eligibility criteria. In 2022, the fund successfully provided health and welfare benefits to approximately 19,000 members. While the organization does not engage in program services or report expenses on Form 990, Part IX, Col (B), its mission remains unwavering in providing essential benefits to eligible individuals.


Official website here: www.1199seiubenefits.org

Who is the CEO of 1199Seiu Greater New York Benefit Fund?

Mercedes Mambru is the Employer Trustee of 1199Seiu Greater New York Benefit Fund.


Official website here: www.1199seiubenefits.org

What is the revenue of 1199Seiu Greater New York Benefit Fund?

1199Seiu Greater New York Benefit Fund's revenue in 2022 was $252,091,100.


Official website here: www.1199seiubenefits.org

Who are the executives of 1199Seiu Greater New York Benefit Fund and what are their salaries?

There 13 volunteers at 1199Seiu Greater New York Benefit Fund.


Here are 18 key members and their salaries:


Michael Balboni (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Pascocello (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Rosen (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Sukoff (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Wissmann (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Armstrong (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Castaneda (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Sherman (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milly Silva (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Vives (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noreen Wray (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Mccalla (Union Trustee (End 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Daine Williams (Union Trustee (Beg. 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Ratner (Union Trustee (Beg. 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Monchak (Chief Investment Officer)
  • Compensation: $84,675
  • Related: $52,748
  • Other: $67,389
Donna S Rey (Executive Director)
  • Compensation: $40,281
  • Related: $28,017
  • Other: $32,097
Van H Dunn (Chief Medical Officer)
  • Compensation: $32,105
  • Related: $20,000
  • Other: $25,608
Mercedes Mambru (Chief Financial Officer)
  • Compensation: $17,971
  • Related: $12,501
  • Other: $15,061


Official website here: www.1199seiubenefits.org

Where can I find the form 990 for 1199Seiu Greater New York Benefit Fund?

1199Seiu Greater New York Benefit 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 1199Seiu Greater New York Benefit Fund

The 1199Seiu Greater New York Benefit Fund is a charitable organization dedicated to providing health and welfare benefits to eligible participants. In accordance with the terms of the collective bargaining agreement and trust document, this Fund extends a safety net to its beneficiaries, ensuring they have access to essential services and resources.

The mission of the 1199Seiu Greater New York Benefit Fund is twofold. First and foremost, it offers health and welfare benefits to its members. This includes a range of services designed to promote overall wellbeing, from medical coverage to various support programs. In the year 2022, the Fund successfully provided these benefits to a total of 19,314 individuals.

Additionally, the 1199Seiu Greater New York Benefit Fund serves as a vital source of assistance for those who require it most. Despite not engaging in program services or reporting expenses in Form 990, Part IX, Col (B), the organization's impact on its members is undeniable. By upholding the commitments outlined in the collective bargaining agreement and trust document, the Fund provides a critical lifeline to those in need.

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Impact




October, 2024

1199Seiu Greater New York Benefit Fund plays a crucial role in enhancing the health and well-being of its members by providing essential health and welfare benefits. In 2022, the fund successfully delivered these benefits to 19,314 eligible participants, ensuring access to necessary medical services, wellness programs, and support resources.

By operating under the terms of a collective bargaining agreement and trust document, the fund empowers its members with the peace of mind that comes from having reliable healthcare coverage. This not only improves individual health outcomes but also fosters a sense of security and stability within their families and communities.

The fund's commitment to providing these benefits illustrates its significant impact on the lives of its members, enabling them to navigate healthcare challenges more effectively and contribute positively to the workforce and society.




This information is meant to be a general summary of 1199Seiu Greater New York Benefit 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
$252,091,100 (2022)
Expenses
$222,552,860 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101,662
  • Program Service Revenue: $251,795,893
  • Gross Receipts: $363,143,865

Assets and Liabilities:

  • Total Assets: $114,956,690
  • Total Liabilities: $56,286,722
  • Net Assets: $58,669,968

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$209,392,258

ADVANCED TRAINING INIT

Revenue

$21,857,538

ENHANCED ADVANCED TRAI

Revenue

$17,500,000

MEMBER SPOUSAL CONTRIB

Revenue

$2,802,099

COBRA PAYMENTS

Revenue

$243,998

Organization Details

Founding Year

1992

Principal Officer

Mercedes Mambru

Main Address

PO BOX 842, NEW YORK, NY, 10108

NTEE Category

Code: Y40 - Mutual benefit

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