Skip to content
Nonprofiteer
← HEALTHCARE INDUSTRY GRANT CORPORATION

Form 990 for tax year 2023

Filed by HEALTHCARE INDUSTRY GRANT CORPORATION.

Totals

Total revenue
$1,022,638
Total expenses
$1,071,093
Contributions and grants received
$1,022,638
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$5,999,095
Total liabilities, end of year
$5,823,752
Net assets or fund balances, end of year
$175,343
Program services expenses (Part IX)
$1,022,638
Management and general expenses
$48,455
Fundraising expenses
$0
Program service expenses (Part III)
$1,022,638

Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,022,638

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $432,994 · program services $432,994

  • 24a · Other expenses: OTHER ADMIN EXPENSE

    total $370,047 · program services $321,592 · management and general $48,455

  • 24b · Other expenses: TUITION AND INSTRUCTION

    total $194,768 · program services $194,768

  • 24c · Other expenses: STIPEND AND SUBSIDIES

    total $73,053 · program services $73,053

  • 24d · Other expenses: ADMINISTRATIVE EXPENSES

    total $231 · program services $231

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,986,137 · end of year $3,998,180

  • 3 · Pledges and grants receivable

    beginning of year $627,485 · end of year $1,265,391

  • 15 · Other assets

    beginning of year $767,523 · end of year $735,524

  • 17 · Accounts payable and accrued expenses

    beginning of year $230,484 · end of year $210,694

  • 19 · Deferred revenue

    beginning of year $838,649 · end of year $838,591

  • 25 · Other liabilities

    beginning of year $3,088,214 · end of year $4,774,467

  • 27 · Net assets without donor restrictions

    beginning of year $223,798 · end of year $175,343

Mission and programs · 2023

Mission

HEALTHCARE INDUSTRY GRANT CORPORATION DEVELOPS EDUCATIONAL AND TRAINING GRANT OPPORTUNITIES TO IMPROVE WORKING CONDITIONS AND FOSTER ECONOMIC DEVELOPMENT IN THE HEALTH CARE INDUSTRY.

  • HIGC DEVELOPS EDUCATIONAL AND TRAINING GRANT OPPORTUNITIES TO IMPROVE WORKING CONDITIONS AND FOSTER ECONOMIC DEVELOPMENT IN THE HEALTHCARE INDUSTRY.

    Expenses $1,022,638 · Revenue $1,022,638

As filed on the 2023 return.

Listed in Part VII

  • George Gresham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Marc Leff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Joyce Neil

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Veronica Turner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Barbara Logan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Marc Kramer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • David Brodsky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Jeffery Cohen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • Robert L Oliver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Jacqueline Alleyne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Janice Reyes-Tutiven

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Lucy Chen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sean Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Aaron Kranich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Michelle Flournoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Morse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mercedes Mambru

    CFO

    Total calculated
    $516,029
    From this org
    $0
    From related orgs
    $315,549
    Other
    $200,480
    Hours/week
    1 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $305,225 related
    Bonus
    $0
    Other
    $0 + $10,324 related
    Deferred
    $0 + $76,643 related
    Nontaxable benefits
    $0 + $123,837 related
    Filer's total
    $0 + $516,029 related
  • Daniel Bustillo

    DIRECTOR

    Total calculated
    $252,156
    From this org
    $0
    From related orgs
    $167,035
    Other
    $85,121
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $167,035 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,875 related
    Nontaxable benefits
    $0 + $66,246 related
    Filer's total
    $0 + $252,156 related
  • Sandi Vito

    EXECUTIVE DIRECTOR

    Total calculated
    $504,304
    From this org
    $0
    From related orgs
    $340,326
    Other
    $163,978
    Hours/week
    1 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $321,777 related
    Bonus
    $0
    Other
    $0 + $18,549 related
    Deferred
    $0 + $36,361 related
    Nontaxable benefits
    $0 + $127,617 related
    Filer's total
    $0 + $504,304 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART III - ADDITIONAL INFORMATION
ALL OFFICERS ARE PAID BY THE LEAGUE TRAINING AND UPGRADING FUND OR THE 1199SEIU NATIONAL BENEFIT FUND FOR HEALTH AND HUMAN SERVICE EMPLOYEES FOR THEIR SERVICES PERFORMED FOR ALL 1199SEIU FUNDS. THEIR SALARY IS THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH FUND AND IS REPORTED AS IF PAID BY THE FILING ORGANIZATION. FOR SCHEDULE J, PART II, LINE ( I ), THERE IS NO DIRECT AMOUNT PAID BY THE HEALTHCARE INDUSTRY GRANT CORPORATION AND THE AMOUNTS REPORTED ON LINE ( II ) REPRESENT THE TOTAL ALLOCATED SALARY AND BENEFITS RECEIVED FOR SERVICES PROVIDED TO ALL 1199SEIU FUNDS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349325801

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.