Management-Ila Managed Health Care Trust Fund

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

EIN: 133968546 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Management-Ila Managed Health Care Trust Fund?

Management-Ila Managed Health Care Trust Fund is a Voluntary Employee Benefit Association (VEBA) based in New York City. With a workforce of five individuals, this nonprofit organization plays a crucial role in administering health and welfare benefits for approximately 23,521 active participants, 13,010 retired or separated participants, and their dependants – adding up to over 83,000 beneficiaries in total. The mission of Management-Ila Managed Health Care Trust Fund is to manage the Taft Hartley Fund, ensuring that it provides essential health benefits to its vast community.


Official website here: www.milamhctf.com

Is Management-Ila Managed Health Care Trust Fund legitimate?

Management-Ila Managed Health Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Management-Ila Managed Health Care 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: $594,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,440

For more financial information, click here


Official website here: www.milamhctf.com

What is the mission statement of Management-Ila Managed Health Care Trust Fund?

The Management-Ila Managed Health Care Trust Fund operates as a Voluntary Employee Benefit Association (VEBA), overseeing the administration of health and welfare benefits for over 83,000 participants. This Taft Hartley Fund is dedicated to providing benefits to a substantial number of active and retired employees, along with their dependents. The mission of this VEBA is to manage and distribute health and welfare benefits effectively and efficiently for its sizable member base.


Official website here: www.milamhctf.com

Who is the CEO of Management-Ila Managed Health Care Trust Fund?

Laverne Thompson is the Executive Director of Management-Ila Managed Health Care Trust Fund.


Official website here: www.milamhctf.com

What is the revenue of Management-Ila Managed Health Care Trust Fund?

Management-Ila Managed Health Care Trust Fund's revenue in 2022 was $825,973,680.


Official website here: www.milamhctf.com

Who are the executives of Management-Ila Managed Health Care Trust Fund and what are their salaries?

The average compensation at Management-Ila Managed Health Care Trust Fund during 2022 was $153,965. There are 5 employees at Management-Ila Managed Health Care Trust Fund.

Here are 20 key members and their salaries:

    Laverne Thompson (Executive Director)
  • Compensation: $281,200
  • Related: $0
  • Other: $33,744

    • Robin Csabon (Director Of Accounting)
  • Compensation: $249,500
  • Related: $0
  • Other: $29,940

    • David F Adam (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Vigneron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Seymore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Robb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Nardi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shareen Larmond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Dolan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benny Holland Jr (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Giesinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Strong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard O'Donnel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Riley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Montoto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Cicalese (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Paylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James R Gray Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anissa Frucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.milamhctf.com

    Where can I find the form 990 for Management-Ila Managed Health Care Trust Fund?

    The Management-Ila Managed Health Care Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.milamhctf.com

    Learn more at the official website: www.milamhctf.com

    Mission Statement of Management-Ila Managed Health Care Trust Fund

    Management-Ila Managed Health Care Trust Fund serves as a Voluntary Employee Benefit Association (VEBA), overseeing the administration of health and welfare benefits for over 83,000 participants under a Taft Hartley Fund. In simple terms, this nonprofit organization plays a vital role in managing the health and welfare benefits for more than 83,000 individuals, including active, retired, and separated participants, along with their dependents. The mission of Management-Ila Managed Health Care Trust Fund is centered around providing essential benefits to a substantial number of individuals.

    The Trust Fund's primary objective is to ensure the delivery of health and welfare benefits to the beneficiaries effectively and efficiently. By acting as a VEBA, this organization assumes responsibility for administering the benefits under the Taft Hartley trust and ensures that the benefits are accessible to those who need them. The Trust Fund's activities extend to a diverse range of benefits, catering to the healthcare requirements and well-being of the participants.

    In essence, Management-Ila Managed Health Care Trust Fund functions as a dedicated intermediary, overseeing the delivery of crucial health and welfare benefits to over 83,000 individuals. By managing these benefits, the organization enables its participants to focus on their wellbeing without the burden of administrative complexities. This nonprofit's unwavering commitment to its mission makes a significant difference in the lives of the individuals it serves, ensuring that they have access to vital healthcare and welfare benefits.

    Impact

    This information is meant to be a general summary of Management-Ila Managed Health Care Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Management-Ila Managed Health Care Trust Fund has a significant impact on the lives of over 83,000 participants by administering health and welfare benefits for both active and retired individuals. By serving as a Voluntary Employee Benefit Association (VEBA) to manage these crucial benefits, the fund plays a vital role in supporting the well-being and quality of life of a large number of individuals and their dependents. This impact extends beyond just the participants themselves, influencing families and communities through the provision of essential healthcare services.





    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: $1,841,415
  • Program Service Revenue: $735,503,960
  • Gross Receipts: $1,231,714,290

    • Assets and Liabilities:
  • Total Assets: $1,415,627,358
  • Total Liabilities: $92,185,922
  • Net Assets: $1,323,441,436
  • Programs

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

    MEMBERSHIP DUES & ASESMNT

    Revenue

    $735,503,960

    Organization Details

    Founding Year

    1997

    Principal Officer

    Laverne Thompson

    Main Address

    55 BROADWAY - 27TH FLOOR, NEW YORK, NY, 10006

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Management-Ila Managed Health Care 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.