1199Seiu Greater New York Benefit Fund

Learn about this cause: 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)

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

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 not tax deductible.

Here 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?

Here are 18 key members and their salaries:

    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

    • 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


  • Official website here: www.1199seiubenefits.org

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

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    1199SEIU Greater New York Benefit Fund's impact lies in providing essential health and welfare benefits to eligible participants in accordance with collective bargaining agreements and trust documents. In 2022 alone, the organization successfully delivered these crucial benefits to 19,314 members in New York. Through its mission of supporting the well-being of its members, the fund plays a vital role in ensuring access to necessary healthcare services and assistance for a significant number of individuals.





    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: $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
  • 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

    If you are a representative of 1199Seiu Greater New York Benefit 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.