International Brotherhood of Trade Unions Health & Welfare Fd Tr
Growing revenue
International Brotherhood of Trade Unions Health & Welfare Fd Tr is a 501(c)(9) organization based in Carle Place, New York, registered in 1999, with $229,254,406 in FY2024 revenue.
555 Westbury Ave, Carle Place, NY, 11514 EIN 11-6490308 Since 1999
Revenue (FY2024)
$229.3M
▲ 10.6% vs prior year
Membership median: $185K
Expenses (FY2024)
$227.7M
Net assets
$23.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—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 International Brotherhood of Trade Unions Health & Welfare Fd Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% 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 International Brotherhood of Trade Unions Health & Welfare Fd Tr: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 International Brotherhood of Trade Unions Health & Welfare Fd Tr: 5 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 International Brotherhood of Trade Unions Health & Welfare Fd Tr: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The fund provides health benefits (medical, dental, optical and prescription coverage) for eligible participants and their covered dependents.
Contact & location
- Address
- 555 Westbury Ave, Carle Place, NY, 11514
- City
- Carle Place
- State
- New York
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $6.0M (FY2013) to $229.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $29.9MNet assets $23.0M
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$52.9M
Total liabilities
$29.9M
Net assets
$23.0M
Salaries & benefits
$0
0% of expenses
Board members
5
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $229,254,406▲10.6% | $227,738,752▲11.2% | $23,040,973▲6.2% | $52,927,631▲9.1% | 990 |
| 2023 | $207,214,422▲9.6% | $204,797,957▲9.1% | $21,701,303▲43.0% | $48,514,654▲8.7% | 990 |
| 2022 | $189,100,365▲7.7% | $187,758,791▲4.4% | $15,180,343▼21.9% | $44,635,197▼8.6% | 990 |
| 2021 | $175,647,357▲12.8% | $179,814,443▲23.4% | $19,431,900▼7.2% | $48,855,172▲17.1% | 990 |
| 2020 | $155,694,712▲21.4% | $145,702,452▲12.8% | $20,937,798▲84.7% | $41,727,137▲40.2% | 990 |
| 2019 | $128,279,356▲14.8% | $129,193,179▲15.2% | $11,338,833▲13.9% | $29,761,336▼3.5% | 990 |
| 2018 | $111,763,124▲135% | $112,181,164▲157% | $9,956,193▼18.9% | $30,846,302▲70.4% | 990 |
| 2017 | $47,589,377▲95.1% | $43,730,263▲79.7% | $12,283,508▲53.3% | $18,100,691▲56.5% | 990 |
| 2016 | $24,389,178▲28.3% | $24,336,018▲13.6% | $8,012,807▲15.2% | $11,565,162▲29.6% | 990 |
| 2015 | $19,015,276▲38.8% | $21,413,525▲158% | $6,956,825▼25.3% | $8,923,532▼12.8% | 990 |
| 2014 | $13,696,916▲128% | $8,288,856▲86.9% | $9,315,460▲124% | $10,229,510▲114% | 990 |
| 2013 | $6,017,355 | $4,434,639▲31.3% | $4,159,764▲65.1% | $4,776,936▲57.1% | 990 |
| 2012 | — | $3,378,151▲3.0% | $2,519,219▲65.8% | $3,040,366▲58.0% | 990 |
| 2011 | — | $3,280,597▲11.8% | $1,519,055▲41.7% | $1,924,885▲26.9% | 990 |
| 2010 | — | $2,934,703 | $1,071,665 | $1,516,379 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alfred Napolitano | Employee | 1 | — |
| Joseph Vella | Employee | 1 | — |
| Kevin Watts | Employee | 1 | — |
| Richard Dombrowski | Union Trustee | 1 | — |
| Robert M Vella Jr | Fund Administrator | 1 | — |
| Robert P Vella | Union Trustee | 1 | — |
| Robert Scalza | Employee | 1 | — |
| Roddy Azmoun | Employer Trustee | 1 | — |
| Yehuda Jay Hefter | Employer Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Daniel H Cook Associates | Claims Processing | $7,059,469 |
| Anthem Blue Cross Blue Shield | Claims Processing | $2,229,636 |
| Hercules Health Technologies LLC | Claims Processing | $1,349,254 |
| Empirx Health | Claims Processing | $491,150 |
| Janney Montgomery Scott | Investment Consultants | $325,910 |
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Compare International Brotherhood of Trade Unions Health & Welfare Fd Tr
Frequently asked questions
- Is International Brotherhood of Trade Unions Health & Welfare Fd Tr a legitimate nonprofit?
- Yes. International Brotherhood of Trade Unions Health & Welfare Fd Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 11-6490308, based in Carle Place, New York.
- What is International Brotherhood of Trade Unions Health & Welfare Fd Tr's EIN?
- International Brotherhood of Trade Unions Health & Welfare Fd Tr's Employer Identification Number (EIN) is 11-6490308.
- How much revenue does International Brotherhood of Trade Unions Health & Welfare Fd Tr report?
- International Brotherhood of Trade Unions Health & Welfare Fd Tr reported $229,254,406 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does International Brotherhood of Trade Unions Health & Welfare Fd Tr's highest-paid employee make?
- The highest reported compensation on International Brotherhood of Trade Unions Health & Welfare Fd Tr's latest Form 990 is $0, paid to Alfred Napolitano (Employee).
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Data for International Brotherhood of Trade Unions Health & Welfare Fd Tr (EIN 11-6490308) 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.