Nysa-ila Container Royalty Fund
501(c)(6)
Nysa-ila Container Royalty Fund is a 501(c)(6) organization based in Jersey City, New Jersey, registered in 1982, with $101,349,076 in FY2023 revenue.
10 Exchange Pl Ste 1400, Jersey City, NJ, 07302 EIN 13-6264730 Since 1982
Revenue (FY2023)
$101.3M
▼ 25.2% vs prior year
Expenses (FY2023)
$93.7M
Net assets
$38.8M
Employees
4,164
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 Nysa-ila Container Royalty Fund— 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 rating5 mo reserves · +8% 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 Nysa-ila Container Royalty Fund: 5 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Nysa-ila Container Royalty Fund: 4 of 6 checks met earns a B 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 Nysa-ila Container Royalty Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The fund is a multiemployer welfare employee benefits fund that was established to protect employees of the longshore industry from decreasing employment opportunities resulting from the use of containers.
Contact & location
- Address
- 10 Exchange Pl Ste 1400, Jersey City, NJ, 07302
- City
- Jersey City
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue held steady from $100.9M (FY2013) to $101.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $18.4MNet assets $38.8M
Operating margin
7.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$57.2M
Total liabilities
$18.4M
Net assets
$38.8M
Salaries & benefits
$308K
0% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $101,349,076▼25.2% | $93,719,787▼30.0% | $38,835,808▲24.4% | $57,207,430▼10.0% | 990 |
| 2022 | $135,480,217▲29.8% | $133,843,578▲37.1% | $31,206,519▲5.5% | $63,535,885▲14.5% | 990 |
| 2021 | $104,394,382▲6.2% | $97,657,858▲14.0% | $29,569,880▲29.5% | $55,480,172▲19.7% | 990 |
| 2020 | $98,328,882▲9.0% | $85,675,590▼9.3% | $22,833,356▲124% | $46,353,666▼7.4% | 990 |
| 2019 | $90,194,732▲6.4% | $94,428,284▲11.0% | $10,180,064▼29.4% | $50,044,592▲2.0% | 990 |
| 2018 | $84,796,969▲3.9% | $85,104,076▲6.7% | $14,413,616▼2.1% | $49,046,565▲29.8% | 990 |
| 2017 | $81,603,850▲7.1% | $79,733,578▲3.2% | $14,720,723▲14.6% | $37,791,080▼4.0% | 990 |
| 2016 | $76,213,451▲3.3% | $77,286,636▲3.2% | $12,850,451▼7.7% | $39,368,030▲6.3% | 990 |
| 2015 | $73,780,150▼23.4% | $74,874,945▼32.2% | $13,923,636▼7.3% | $37,048,995▼4.6% | 990 |
| 2014 | $96,352,143▼4.5% | $110,433,415▲37.8% | $15,018,431▼48.4% | $38,830,135▼9.2% | 990 |
| 2013 | $100,878,726 | $80,131,559▲18.7% | $29,099,703▲248% | $42,751,362▲41.1% | 990 |
| 2012 | — | $67,492,274▼6.7% | $8,352,536▲116% | $30,308,671▲37.8% | 990 |
| 2011 | — | $72,334,738▲1.8% | $3,870,090▼9.7% | $21,987,549▲5.9% | 990 |
| 2010 | — | $71,033,135 | $4,285,568 | $20,754,414 | 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 (FY2023)
Highest-paid: Andrew Millichip — $127,717 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Millichip | Employee | 35 | $127,717 |
| Brandon Garcia | Alt. Trustee | 0 | — |
| Clifton Buddy Smith | Alt. Trustee | 0 | — |
| David Cicalese | Trustee | 0 | — |
| Dennis Daggett | Trustee | 0 | — |
| Dominick Gaudioso | Treasurer | 0 | — |
| Harold Daggett | Trustee | 0 | — |
| James Stolpinski | Trustee | 0 | — |
| John Atkins | Trustee | 0 | — |
| John Nardi | Trustee | 0 | — |
| Kurt Mittenzwei | Trustee | 0 | — |
| Michael Izzo | Alt. Trustee | 0 | — |
| Michael Vigneron | Trustee | 0 | — |
| Mitchell Hsu | Trustee | 0 | — |
| Scott Polin | Alt. Trustee | 0 | — |
| Stephen Knott | Trustee | 0 | — |
| Thorsten Schmittberger | Trustee | 0 | — |
| Virgil Maldonado | Trustee | 0 | — |
Frequently asked questions
- Is Nysa-ila Container Royalty Fund a legitimate nonprofit?
- Yes. Nysa-ila Container Royalty Fund is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 13-6264730, based in Jersey City, New Jersey.
- What is Nysa-ila Container Royalty Fund's EIN?
- Nysa-ila Container Royalty Fund's Employer Identification Number (EIN) is 13-6264730.
- How much revenue does Nysa-ila Container Royalty Fund report?
- Nysa-ila Container Royalty Fund reported $101,349,076 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Nysa-ila Container Royalty Fund's highest-paid employee make?
- The highest reported compensation on Nysa-ila Container Royalty Fund's latest Form 990 is $127,717, paid to Andrew Millichip (Employee).
More nonprofits in Jersey City
Explore more
Data for Nysa-ila Container Royalty Fund (EIN 13-6264730) 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.