Nysa Ila Vacation & Holiday Fund
Thin reserves Growing revenue
Nysa Ila Vacation & Holiday Fund is a 501(c)(9) organization based in Jersey City, New Jersey, registered in 1973, with $61,614,961 in FY2023 revenue.
10 Exchange Pl Ste 1400, Jersey City, NJ, 07302 EIN 23-7254775 Since 1973
Revenue (FY2023)
$61.6M
▲ 2.5% vs prior year
Membership median: $185K
Expenses (FY2023)
$61.6M
Net assets
$0
Employees
4
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 Vacation & Holiday Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% 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 Vacation & Holiday Fund: 0 mo reserves · +0% margin earns a C 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 Vacation & Holiday Fund: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Vacation & Holiday Fund: 5 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 is a multi-employer welfare employee benefit plan established pursuant tothe collective bargaining agreement between new york shipping association and theinternational longshoremen's association to provide vacation and holiday benefits to eligible participants. the fund also provides training for ila members.
What they do
The fund accomplished its mission in meeting its obligation to pay holiday benefits to eligible participants.
The fund accomplished its mission in meeting its obligation to pay training benefits to eligible participants.
Contact & location
- Address
- 10 Exchange Pl Ste 1400, Jersey City, NJ, 07302
- City
- Jersey City
- State
- New Jersey
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $36.6M (FY2013) to $61.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $26.2MNet assets $0
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$26.2M
Total liabilities
$26.2M
Net assets
$0
Salaries & benefits
$800K
1% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $61,614,961▲2.5% | $61,614,961▲2.5% | $0 | $26,196,724▲2.2% | 990 |
| 2022 | $60,132,578▲7.1% | $60,132,578▲7.1% | $0 | $25,627,469▲9.5% | 990 |
| 2021 | $56,164,054▲8.4% | $56,164,054▲8.4% | $0 | $23,409,271▲0.8% | 990 |
| 2020 | $51,819,514▲4.9% | $51,819,514▲4.9% | $0 | $23,216,286▼0.4% | 990 |
| 2019 | $49,397,072▼0.3% | $49,397,072▼0.3% | $0 | $23,303,754▲9.2% | 990 |
| 2018 | $49,568,693▲3.6% | $49,568,693▲3.6% | $0 | $21,342,088▼1.2% | 990 |
| 2017 | $47,843,531▲6.1% | $47,843,531▲6.1% | $0 | $21,590,486▲8.3% | 990 |
| 2016 | $45,098,633▲8.0% | $45,098,633▲8.0% | $0 | $19,934,271▲6.9% | 990 |
| 2015 | $41,766,169▲7.5% | $41,766,169▲7.5% | $0 | $18,648,889▲4.1% | 990 |
| 2014 | $38,839,264▲6.3% | $38,839,264▲6.3% | $0 | $17,908,714▲11.8% | 990 |
| 2013 | $36,552,781 | $36,552,781▲0.8% | $0 | $16,022,048▲1.4% | 990 |
| 2012 | — | $36,270,191▲26.9% | $0 | $15,797,485▲31.9% | 990 |
| 2011 | — | $28,575,403▼0.5% | $0 | $11,979,161▲3.6% | 990 |
| 2010 | — | $28,719,252▲3.8% | $0 | $11,565,123▲6.0% | 990 |
| 2009 | — | $27,681,180 | $0 | $10,909,929 | 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: John Walsh — $273,480 (0.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Walsh | Director | 35 | $273,480 |
| Dana Dwyer | Coordinator | 35 | $115,916 |
| Maggie Chan | Executive Assitant | 35 | $113,383 |
| Brandon Garcia | Alt. Trustee | 0 | — |
| Clifton Smith | Alt. Trustee | 0 | — |
| David Cicalese | Trustee | 0 | — |
| Dennis Daggett | Trustee | 0 | — |
| Dominick Gaudioso | Treasurer | 0 | — |
| Frank Agosta | Trustee | 0 | — |
| Harold Daggett | Trustee | 0 | — |
| James Stolpinski | Trustee | 0 | — |
| John Atkins | Trustee | 0 | — |
| John Daggett | 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 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Maher Terminals LLC | Training | $1,229,402 |
| Ports America Inc | Training | $995,498 |
| Port Liberty New York LLC | Training | $889,712 |
| Port Technical Services | Training | $336,000 |
| Apm Terminals North America | Training | $265,987 |
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Compare Nysa Ila Vacation & Holiday Fund
Frequently asked questions
- Is Nysa Ila Vacation & Holiday Fund a legitimate nonprofit?
- Yes. Nysa Ila Vacation & Holiday Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7254775, based in Jersey City, New Jersey.
- What is Nysa Ila Vacation & Holiday Fund's EIN?
- Nysa Ila Vacation & Holiday Fund's Employer Identification Number (EIN) is 23-7254775.
- How much revenue does Nysa Ila Vacation & Holiday Fund report?
- Nysa Ila Vacation & Holiday Fund reported $61,614,961 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Nysa Ila Vacation & Holiday Fund's highest-paid employee make?
- The highest reported compensation on Nysa Ila Vacation & Holiday Fund's latest Form 990 is $273,480, paid to John Walsh (Director).
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Data for Nysa Ila Vacation & Holiday Fund (EIN 23-7254775) 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.