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Nonprofiteer
← BOARD OF TRUSTEES EQUITY LEAGUE HEALTH TRUST FUND

Form 990 for tax year 2024

Filed by BOARD OF TRUSTEES EQUITY LEAGUE HEALTH TRUST FUND.

Totals

Total revenue
$74,972,767
Total expenses
$76,407,226
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$73,097,715
Investment income
$1,869,430
Other revenue
$5,622
Total assets, end of year
$133,607,064
Total liabilities, end of year
$11,033,935
Net assets or fund balances, end of year
$122,573,129
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: EMPLOYERS' CONTRIBUTIONS

    total $50,598,273 · related or exempt $50,598,273

  • 2b · Program service revenue: PARTICIPANTS' CONTRIBUTIONS

    total $14,174,442 · related or exempt $14,174,442

  • 2c · Program service revenue: TAX RELIEF CONTRIBUTIONS

    total $8,325,000 · related or exempt $8,325,000

  • 3 · Investment income

    total $1,855,723 · excluded $1,855,723

  • 7a · Gross sales of assets other than inventory

    securities $189,031

  • 7b · Less cost or other basis and sales expenses

    securities $175,324

  • 7c · Gain or loss

    securities $13,707

  • 7d · Net gain or loss

    total $13,707 · excluded $13,707

  • 11a · Other revenue: OTHER INCOME

    total $5,622 · related or exempt $5,622

  • 11e · Other revenue, total

    $5,622

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $71,091,733

  • 5 · Compensation of officers, directors and key employees

    total $411,117

  • 7 · Other salaries and wages

    total $3,211,002

  • 8 · Pension plan contributions

    total $435,792

  • 9 · Other employee benefits

    total $484,902

  • 10 · Payroll taxes

    total $142,405

  • 11b · Fees: legal

    total $747,321

  • 11c · Fees: accounting

    total $110,392

  • 11f · Fees: investment management

    total $245,856

  • 11g · Fees: other

    total $385,655

  • 13 · Office expenses

    total $49,165

  • 14 · Information technology

    total $170,438

  • 16 · Occupancy

    total $46,188

  • 19 · Conferences, conventions and meetings

    total $28,355

  • 22 · Depreciation, depletion and amortization

    total $7,024

  • 23 · Insurance

    total $39,687

  • 24a · Other expenses: LOCKBOX & CC FEES

    total $441,794

  • 24b · Other expenses: COMMUNICATIONS

    total $205,434

  • 24c · Other expenses: OUTSIDE SERVICES

    total $5,829

  • 24d · Other expenses: OTHER

    total -$1,852,863

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,164,883 · end of year $716,462

  • 2 · Savings and temporary cash investments

    beginning of year $7,183,479 · end of year $4,131,480

  • 4 · Accounts receivable

    beginning of year $3,200,174 · end of year $2,991,729

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,746 · end of year $33,093

  • 10a · Land, buildings and equipment: cost or other basis

    $704,357

  • 10b · Land, buildings and equipment: accumulated depreciation

    $691,853

  • 10c · Land, buildings and equipment, net

    beginning of year $13,993 · end of year $12,504

  • 11 · Investments: publicly traded securities

    beginning of year $17,991,301 · end of year $19,910,192

  • 12 · Investments: other securities

    beginning of year $94,765,047 · end of year $105,811,604

  • 15 · Other assets

    beginning of year $1,400,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $53,365 · end of year $174,267

  • 19 · Deferred revenue

    beginning of year $2,244,540 · end of year $2,377,397

  • 25 · Other liabilities

    beginning of year $5,610,105 · end of year $8,482,271

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $117,840,613 · end of year $122,573,129

Mission and programs · 2024

Mission

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

  • TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

As filed on the 2024 return.

Listed in Part VII

  • DOUG CARFRAE

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • REGINA MINCEY - GARLIN

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRIAN MYERS COOPER

    UNION TRUSTEE/ CO-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • IRA MONT

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • STEPHEN BOGARDUS

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JEFF APPLEGATE

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JULIA B SIMPSON

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • EUGENIO VARGAS

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • NIKKI SWITZER

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CHRISTINE BUNUAN

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • AL VINCENT JR

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID BLITZSTEIN

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CHRISTOPHER BROCKMEYER

    EMPLOYER TRUSTEE/CO-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • BARRY GROVE

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID RICHARDS

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ELLIOT GREENE

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GEORGE S FORBES

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • AMY JACOBS

    EMPLOYER TRUSTEE - THRU 05/25

    Total calculated
    $0
    Hours/week
    1
  • ANDY JONES

    EMPLOYER TRUSTEE - EFF 05/25

    Total calculated
    $0
    Hours/week
    1
  • TONY THOMAS

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID TURNER

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • STEPHANIE GRASSI ESQ

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KHADY KAMARA NUNEZ

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • HAL GOLDBERG

    EMPLOYER TRUSTEE - THRU 11/24

    Total calculated
    $0
    Hours/week
    1
  • JASON LAKS

    EMPLOYER TRUSTEE - EFF 01/25

    Total calculated
    $0
    Hours/week
    1
  • VINCENT CINELLI

    EXECUTIVE DIRECTOR

    Total calculated
    $411,117
    From this org
    $315,000
    From related orgs
    $0
    Other
    $96,117
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $315,000
    Bonus
    $0
    Other
    $0
    Deferred
    $66,150
    Nontaxable benefits
    $29,967
    Filer's total
    $411,117
  • JOSEPH ROGERS

    DIRECTOR OF IT

    Total calculated
    $309,255
    From this org
    $229,619
    From related orgs
    $0
    Other
    $79,636
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,619
    Bonus
    $0
    Other
    $0
    Deferred
    $48,220
    Nontaxable benefits
    $31,416
    Filer's total
    $309,255
  • AGNES LEYDEN

    DIRECTOR OF FINANCE

    Total calculated
    $271,541
    From this org
    $198,450
    From related orgs
    $0
    Other
    $73,091
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,450
    Bonus
    $0
    Other
    $0
    Deferred
    $41,675
    Nontaxable benefits
    $31,416
    Filer's total
    $271,541
  • CINDY GOLD

    BENEFITS MANAGER

    Total calculated
    $233,666
    From this org
    $167,841
    From related orgs
    $0
    Other
    $65,825
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,841
    Bonus
    $0
    Other
    $0
    Deferred
    $35,247
    Nontaxable benefits
    $30,578
    Filer's total
    $233,666
  • EMILIYA PELETEKOVA

    ACCOUNTS RECEIVABLE MANAGER

    Total calculated
    $242,940
    From this org
    $166,591
    From related orgs
    $0
    Other
    $76,349
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,591
    Bonus
    $0
    Other
    $0
    Deferred
    $34,984
    Nontaxable benefits
    $41,365
    Filer's total
    $242,940
  • SHANE ABDELNOUR

    IT TECHNICIAN

    Total calculated
    $189,072
    From this org
    $130,987
    From related orgs
    $0
    Other
    $58,085
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,987
    Bonus
    $0
    Other
    $0
    Deferred
    $27,507
    Nontaxable benefits
    $30,578
    Filer's total
    $189,072

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

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

SCHEDULE J SUPPLEMENTAL INFORMATION
VINCENT CINELLI RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS EXECUTIVE DIRECTOR OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 63.5% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. JOSEPH ROGERS RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS IT DIRECTOR OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 48.7% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. ANGES LEYDEN RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY DIRECTOR OF FINANCE & ACCOUNTING OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 40% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. CINDY GOLD RECEIVES COMPENSATION AND BENEFITS IN HER CAPACITY AS BENEFIT SERVICES MANAGER OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 14.5% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. EMILIYA PELTEKOVA RECEIVES COMPENSATION AND BENEFITS IN HER CAPACITY AS ACCOUNTS RECEIVABLE MANAGER OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 41.4% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. SHANE ABDELNOUR RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS IT TECHNICIAN OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 33.4% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II.

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
2024
Filed
19 November 2025
IRS schema version
2024v5.2
Source object
202513239349301601

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