Form 990 for tax year 2022
Filed by LICENSED PRACTICAL NURSES WELFARE FUND.
Totals
- Total revenue
- $978,561
- Total expenses
- $1,068,670
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $818,800
- Investment income
- $138,145
- Other revenue
- $21,616
- Total assets, end of year
- $6,221,469
- Total liabilities, end of year
- $63,471
- Net assets or fund balances, end of year
- $6,157,998
- 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: EMPLOYER CONTRIBUTIONS
total $818,344 · related or exempt $818,344
-
2b · Program service revenue: COBRA CONTRIBUTION
total $456 · related or exempt $456
-
3 · Investment income
total $133,976 · excluded $133,976
-
7a · Gross sales of assets other than inventory
securities $4,169
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $4,169
-
7d · Net gain or loss
total $4,169 · excluded $4,169
-
11a · Other revenue: OTHER INCOME
total $21,616 · related or exempt $21,616
-
11e · Other revenue, total
$21,616
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $955,187
-
11b · Fees: legal
total $15,000
-
11c · Fees: accounting
total $15,700
-
11g · Fees: other
total $60,540
-
13 · Office expenses
total $3,029
-
24a · Other expenses: ADMINISTRATIVE OVERHEAD
total $19,214
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $256,927 · end of year $169,722
-
2 · Savings and temporary cash investments
beginning of year $341,074 · end of year $195,950
-
4 · Accounts receivable
beginning of year $601,016 · end of year $642,702
-
9 · Prepaid expenses and deferred charges
beginning of year $23,404 · end of year $12,142
-
11 · Investments: publicly traded securities
beginning of year $5,961,687 · end of year $5,177,807
-
15 · Other assets
beginning of year $9,553 · end of year $23,146
-
17 · Accounts payable and accrued expenses
beginning of year $28,064 · end of year $55,495
-
25 · Other liabilities
beginning of year $342 · end of year $7,976
-
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 $7,165,255 · end of year $6,157,998
Mission and programs · 2022
Mission
TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS
Activities or mission (Part I)
TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.
-
PROVIDED HEALTH AND OTHER BENEFITS TO APPROX. 475 ELIGIBLE PARTICIPANTS
As filed on the 2022 return.
Listed in Part VII
-
Fabiola Buddan-MaisFABIOLA BUDDAN-MAIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kim CameronKIM CAMERON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Valerie GoffeVALERIE GOFFE
TRUSTEE - FORMER
- Total calculated
- $0
- Hours/week
- 1
-
Saundra SmithSAUNDRA SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gerard CadetGERARD CADET
UNION TRUSTEE - FORMER
- Total calculated
- $0
- Hours/week
- 1 + 34 related
-
Joyce NeilJOYCE NEIL
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 34 related
-
Maria CastanedaMARIA CASTANEDA
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 34 related
-
Naomi StoweNAOMI STOWE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stacylea GraySTACYLEA GRAY
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 34 related
-
Dan RatnerDAN RATNER
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 34 related
-
Donna ReyDONNA REY
EXECUTIVE OFFICER
- Total calculated
- $898,888
- From this org
- $0
- From related orgs
- $611,487
- Other
- $287,401
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $577,286 related
- Bonus
- $0
- Other
- $0 + $34,201 related
- Deferred
- $0 + $65,233 related
- Nontaxable benefits
- $0 + $222,168 related
- Filer's total
- $0 + $898,888 related
-
Lorraine MonchakLORRAINE MONCHAK
CHIEF INVESTMENTS OFFICER
- Total calculated
- $1,694,405
- From this org
- $0
- From related orgs
- $1,136,861
- Other
- $557,544
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $1,119,879 related
- Bonus
- $0
- Other
- $0 + $16,982 related
- Deferred
- $0 + $126,546 related
- Nontaxable benefits
- $0 + $430,998 related
- Filer's total
- $0 + $1,694,405 related
-
Van DunnVAN DUNN
CHIEF MEDICAL OFFICER
- Total calculated
- $642,927
- From this org
- $0
- From related orgs
- $431,054
- Other
- $211,873
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $408,941 related
- Bonus
- $0
- Other
- $0 + $22,113 related
- Deferred
- $0 + $46,210 related
- Nontaxable benefits
- $0 + $165,663 related
- Filer's total
- $0 + $642,927 related
-
Mercedes MambruMERCEDES MAMBRU
CHIEF FINANCIAL OFFICER
- Total calculated
- $407,682
- From this org
- $0
- From related orgs
- $272,819
- Other
- $134,863
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $269,290 related
- Bonus
- $0
- Other
- $0 + $3,529 related
- Deferred
- $0 + $30,430 related
- Nontaxable benefits
- $0 + $104,433 related
- Filer's total
- $0 + $407,682 related
-
Joshua SorensenJOSHUA SORENSEN
NBF- PORTFOLIO MANAGER
- Total calculated
- $529,186
- From this org
- $0
- From related orgs
- $354,522
- Other
- $174,664
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $352,346 related
- Bonus
- $0
- Other
- $0 + $2,176 related
- Deferred
- $0 + $39,815 related
- Nontaxable benefits
- $0 + $134,849 related
- Filer's total
- $0 + $529,186 related
-
Brandy ShilohBRANDY SHILOH
CHIEF ADMINISTRATIVE OFFICER
- Total calculated
- $857,571
- From this org
- $0
- From related orgs
- $578,463
- Other
- $279,108
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $565,116 related
- Bonus
- $0
- Other
- $0 + $13,347 related
- Deferred
- $0 + $63,858 related
- Nontaxable benefits
- $0 + $215,250 related
- Filer's total
- $0 + $857,571 related
-
Stacey MillmanSTACEY MILLMAN
CHIEF COMMUNICATIONS OFFIC
- Total calculated
- $578,981
- From this org
- $0
- From related orgs
- $394,332
- Other
- $184,649
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $372,442 related
- Bonus
- $0
- Other
- $0 + $21,890 related
- Deferred
- $0 + $42,086 related
- Nontaxable benefits
- $0 + $142,563 related
- Filer's total
- $0 + $578,981 related
-
Angela ScottANGELA SCOTT
CHIEF OF BENEFIT OPERATIONS
- Total calculated
- $512,892
- From this org
- $0
- From related orgs
- $346,740
- Other
- $166,152
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $329,639 related
- Bonus
- $0
- Other
- $0 + $17,101 related
- Deferred
- $0 + $37,249 related
- Nontaxable benefits
- $0 + $128,903 related
- Filer's total
- $0 + $512,892 related
-
Dilay AltinerDILAY ALTINER
NBF - PORTFOLIO MANAGER
- Total calculated
- $570,103
- From this org
- $0
- From related orgs
- $381,632
- Other
- $188,471
- Hours/week
- 1 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $381,632 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $43,124 related
- Nontaxable benefits
- $0 + $145,347 related
- Filer's total
- $0 + $570,103 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
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.
-
1199SEIU NATIONAL BENEFIT FUND
501(C)(9) · TO PROVIDE HEALTH BENEFITS TO COVERED PARTICIPANTS · NY
-
1199SEIU UNITED HTHCRE WRKRS EMPLOY
501(C)(5) · UNION FOR HEALTH AND HUMAN SERVICES WORKERS · NY
-
1199SEIU HEALTH CARE EMPLOYEE PENSION
501(A) · PENSION FUND · NY
-
1199SEIU LEAGUE TRAINING AND UPGRADING FUND
501(C)(3) · EDUCATION TRAINING · NY
-
1199SEIU LEAGUE JOB SECURITY FUND
501(C)(9) · BENEFIT FUND · NY
-
1199SEIU LEAGUE REGISTERED NURSE TRAINING
501(C)(9) · EDUCATION TRAINING · NY
-
1199SEIU LABOR MANAGEMENT INITIATIVES INC
501(C)(5) · LABOR MANAGEMENT · NY
-
LOCAL EMPLOYER CHILD CARE FUND
501(C)(9) · CHILDCARE · NY
-
THE CITY OF NEW YORK
CONTRIBUTING EMPLOYER · NY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349330438
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