Mt Sinai Hospital Pharmacy Association

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

EIN: 371610574 ✦ New york, NY ✦ Designated as a 501(c)(5)

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Overview

What is Mt Sinai Hospital Pharmacy Association?

Mt Sinai Hospital Pharmacy Association is a nonprofit organization situated in New York City, specifically at 1 Gustave Levy Place. The organization solely relies on funding from Mt. Sinai Hospital to operate. Its primary mission is to extend insurance benefits to pharmacists who are members of the union. Furthermore, the association acts as a mediator in negotiating collective bargaining agreements and offers legal representation to its members when required, in their interactions with hospital management.

Is Mt Sinai Hospital Pharmacy Association legitimate?

Mt Sinai Hospital Pharmacy Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Mt Sinai Hospital Pharmacy Association 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: $0

For more financial information, click here

What is the mission statement of Mt Sinai Hospital Pharmacy Association?

The Mt Sinai Hospital Pharmacy Association's mission is centered around providing support for unionized pharmacists. Specifically, they offer insurance benefits as a key service, and additionally, they negotiate collective bargaining agreements on behalf of their members. In instances where pharmacists require assistance with management, the association offers representation as well. The funding for these services comes solely from Mt. Sinai Hospital, ensuring the association can fulfill its mission effectively.

Who is the CEO of Mt Sinai Hospital Pharmacy Association?

Soon Jae Chung is the President of Mt Sinai Hospital Pharmacy Association.

What is the revenue of Mt Sinai Hospital Pharmacy Association?

Mt Sinai Hospital Pharmacy Association's revenue in 2022 was $293,739.

Who are the executives of Mt Sinai Hospital Pharmacy Association and what are their salaries?

There 5 volunteers at Mt Sinai Hospital Pharmacy Association.


Here are 5 key members and their salaries:


Marina Morgikian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ida Yenoukian (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rza Abasov (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Chen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soon Jae Chung (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mt Sinai Hospital Pharmacy Association?

Mt Sinai Hospital Pharmacy Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mt Sinai Hospital Pharmacy Association

The Mt Sinai Hospital Pharmacy Association is a nonprofit organization dedicated to serving the needs of pharmacists who are part of a union. Its primary mission is to offer insurance benefits to these pharmacists, ensuring they have financial protection and peace of mind. Beyond insurance, the association also engages in collective bargaining negotiations with hospital management, aiming to secure favorable agreements for its members. In the event of disputes or issues with management, the association provides legal representation to its members, acting as their advocate and protecting their rights. The funding for these services is sourced solely from Mt. Sinai Hospital, underscoring the hospital's commitment to supporting its union pharmacists.

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Impact




October, 2024

The Mt Sinai Hospital Pharmacy Association significantly impacts pharmacists within the union by providing essential insurance benefits and legal representation. By negotiating collective bargaining agreements, the association ensures that pharmacists have a robust framework for fair treatment and working conditions. Its exclusive funding from Mt. Sinai Hospital allows for sustained support and resources tailored specifically to pharmacists’ needs. This commitment helps empower members, fostering a sense of community and mutual benefit, ultimately enhancing job security and professional satisfaction for pharmacists in New York.




This information is meant to be a general summary of Mt Sinai Hospital Pharmacy Association. 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
$293,739 (2022)
Expenses
$330,039 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Gross Receipts: $293,739

Assets and Liabilities:

  • Total Assets: $90,044
  • Total Liabilities: $0
  • Net Assets: $90,044

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Organization Details

Founding Year

1969

Principal Officer

Soon Jae Chung

Main Address

1 Gustave Levy Place, New York, NY, 10029

NTEE Category

Code: Y00 - Mutual benefit

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