Health & Benefits Trusr Fund Iuoe
501(c)(9)
Strong reserves
Health & Benefits Trusr Fund Iuoe is a 501(c)(9) organization based in New York, New York, registered in 1991, with $231,876,603 in FY2024 revenue.
331 W 44th St # 337, New York, NY, 10036 EIN 13-6674743 Since 1991
Revenue (FY2024)
$231.9M
▲ 10.4% vs prior year
Expenses (FY2024)
$186.0M
Net assets
$618.5M
Employees
15
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Health & Benefits Trusr Fund Iuoe— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating40 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Health & Benefits Trusr Fund Iuoe: 40 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Health & Benefits Trusr Fund Iuoe: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Health & Benefits Trusr Fund Iuoe: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health and other benefits to eligible participants and their dependents.
Contact & location
Financial trends
Revenue grew from $106.5M (FY2013) to $231.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18.8MNet assets $618.5M
Operating margin
19.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$637.3M
Total liabilities
$18.8M
Net assets
$618.5M
Salaries & benefits
$2.0M
1% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $231,876,603▲10.4% | $186,045,728▲6.0% | $618,486,746▲12.4% | $637,263,969▲11.8% | 990 |
| 2023 | $210,030,138▲2.0% | $175,507,640▲10.1% | $550,316,669▲18.6% | $569,780,531▲17.8% | 990 |
| 2022 | $205,903,160▲0.4% | $159,466,229▲3.4% | $464,079,112▼4.3% | $483,848,224▼4.1% | 990 |
| 2021 | $205,106,745▲16.1% | $154,292,871▲18.5% | $484,781,956▲13.4% | $504,706,967▲13.3% | 990 |
| 2020 | $176,733,689▲2.6% | $130,222,257▼8.3% | $427,614,366▲19.8% | $445,562,615▲20.3% | 990 |
| 2019 | $172,182,008▲9.8% | $141,949,041▲6.7% | $356,854,717▲18.3% | $370,234,682▲17.3% | 990 |
| 2018 | $156,837,777▲7.7% | $133,051,549▲10.9% | $301,717,077▲3.0% | $315,504,840▲3.0% | 990 |
| 2017 | $145,599,953▲3.9% | $119,990,325▲2.4% | $292,844,528▲15.0% | $306,379,930▲14.4% | 990 |
| 2016 | $140,132,465▲11.9% | $117,172,930▲9.9% | $254,699,777▲11.4% | $267,895,486▲11.5% | 990 |
| 2015 | $125,282,737▼12.4% | $106,576,072▲5.9% | $228,708,349▲5.9% | $240,279,210▲5.5% | 990 |
| 2014 | $143,024,757▲34.3% | $100,610,232▲5.9% | $215,881,112▲25.7% | $227,676,502▲25.2% | 990 |
| 2013 | $106,505,210 | $95,004,911▲13.7% | $171,712,166▲5.6% | $181,877,025▲4.8% | 990 |
| 2012 | — | $83,535,321▲3.3% | $162,612,539▲15.1% | $173,504,714▲16.5% | 990 |
| 2011 | — | $80,905,776▲12.0% | $141,253,400▲17.3% | $148,906,477▲16.2% | 990 |
| 2010 | — | $72,248,805 | $120,378,755 | $128,164,319 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: William Faranda — $268,851 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Faranda | Executive Dir. | 28 | $268,851 |
| Sandra Chin | Cfo | 34 | $204,225 |
| Derek Davis | Fund Admin | 40 | $196,819 |
| Annette Hassell | Asst Fund Admin | 40 | $115,728 |
| Mabel Lau | Bookkeeper | 28 | $105,217 |
| Howard Rothschild | Trustee | 1 | — |
| Kuba Brown | Trustee | 1 | — |
| Michael Gadaleta | Trustee | 1 | — |
| Raymond Macco | Trustee | 1 | — |
| Robert Schwartz | Trustee | 1 | — |
| Stephen Brennan | Trustee | 1 | — |
| Thomas Hart | Trustee | 1 | — |
| Thomas Hill | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Empire Healthchoice Assurance Inc | Claims Processing | $2,381,191 |
| Congress Asset Management | Investment Mgmt | $1,032,995 |
| Proskauer Rose LLP | Legal Counsel | $528,147 |
| Schultheis & Panettieri LLP | Auditing | $326,072 |
| The Segal Company | Consulting | $320,889 |
Frequently asked questions
- Is Health & Benefits Trusr Fund Iuoe a legitimate nonprofit?
- Yes. Health & Benefits Trusr Fund Iuoe is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-6674743, based in New York, New York.
- What is Health & Benefits Trusr Fund Iuoe's EIN?
- Health & Benefits Trusr Fund Iuoe's Employer Identification Number (EIN) is 13-6674743.
- How much revenue does Health & Benefits Trusr Fund Iuoe report?
- Health & Benefits Trusr Fund Iuoe reported $231,876,603 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Health & Benefits Trusr Fund Iuoe's highest-paid employee make?
- The highest reported compensation on Health & Benefits Trusr Fund Iuoe's latest Form 990 is $268,851, paid to William Faranda (Executive Dir.).
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Data for Health & Benefits Trusr Fund Iuoe (EIN 13-6674743) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.