1199SEIU LEAGUE REGISTERED NURSE T… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

MERCEDES MAMBRU

Phone

6464736656

Tax Period

2023-01-01 to 2023-12-31

1199SEIU LEAGUE REGISTERED NURSE TRAINING AND JOB SECURITY FUND, founded in 1997, is a community nonprofit in the Mutual Benefit sector that reported $3.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 47% operating margin.

Mission

THE FUND PROVIDES VARIOUS TRAINING, BENEFITS, AND SERVICES FOR PARTICIPANTS WHO ARE LAID OFF FROM EMPLOYMENT.

Program Service Accomplishments

Program 1

THOUGH THE FUND DOES NOT UNDERTAKE PROGRAM SERVICES AND DOES NOT REPORT ANY EXPENSES ON FORM 990, PART IX, COL(B), THE FUND PROVIDES REGISTERED NURSE DEGREE PROGRAMS, GRANT REGISTERED TRAINING...

THOUGH THE FUND DOES NOT UNDERTAKE PROGRAM SERVICES AND DOES NOT REPORT ANY EXPENSES ON FORM 990, PART IX, COL(B), THE FUND PROVIDES REGISTERED NURSE DEGREE PROGRAMS, GRANT REGISTERED TRAINING, CONTINUING EDUCATION REIMBURSEMENT, AND JOB TO JOB PROGRAMS TO APPROX. 8,000 ELIGIBLE PARTICIPANTS UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT AND TRUST DOCUMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,197,266

Investment Income $0

Other Revenue $85,883

TOTAL REVENUE $3,283,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $704,010

TOTAL EXPENSES $1,753,923

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,283,149	$2,942,859	+0.1%
Expenses	$1,753,923	$1,485,342	+0.2%
Net Income	$1,529,226	$1,457,517	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,325,933

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN O'BRIEN	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MARC KRAMER	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
JOSE LABARCA	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MARISA OGNIBENE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL RICHARDS	UNION TRUSTEE	1.00	Director	$0	$0	$0
URSULA EDWARDS	UNION TRUSTEE	1.00	Director	$0	$0	$0
JOAN WATSON	UNION TRUSTEE	1.00	Director	$0	$0	$0
IONA FOLKES	UNION TRUSTEE	1.00	Director	$0	$0	$0
NADINE WILLIAMSON-SEALES	UNION TRUSTEE	1.00	Director	$0	$0	$0
JASON LIMSON	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
SAMANTHA MORALES	UNION TRUSTEE	1.00	Director	$0	$0	$0
ISABEL RODRIGUEZ	UNION TRUSTEE	1.00	Director	$0	$0	$0
SEAN MOORE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
DONNA S REY	CROSS FUNDS EXECUTIVE OFFI	1.00	Officer	$0	$380,972	$1,053,442
SANDI VITO	EXECUTIVE OFFICER	1.00	Officer	$10,073	$163,978	$504,305
MERCEDES MAMBRU	CHIEF FINANCIAL OFFICER	1.00	Officer	$1,667	$200,480	$516,030
DANIEL BUSTILLO	DEPUTY EXECUTIVE DIRECTOR	1.00	Officer	$4,944	$85,121	$252,156
LORRAINE MONCHAK	CHIEF INVESTMENTS OFFICER	1.00	Highest	$0	$571,862	$1,533,245
BRANDY D SHILOH	CHIEF OF ADMINISTRATION	1.00	Highest	$0	$354,847	$989,444
STACEY MILIMAN	CHIEF COMMUNICATIONS OFFIC	1.00	Highest	$0	$247,665	$694,892
VAN DUNN	CHIEF MEDICAL OFFICER	1.00	Highest	$0	$281,465	$770,047
ANGELA SCOTT	CHIEF BENEFIT OFFICER	1.00	Highest	$0	$223,624	$616,262
SUZANNE A METZGER	CHIEF GENERAL COUNSEL	1.00	Highest	$0	$195,172	$508,151
CHARLES OTTOMANELLI	CHIEF INFORMATION OFFICER	1.00	Highest	$1,559	$152,380	$447,603

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,283,149	$1,753,923	$6,410,870	$1,529,226
2022	$2,942,859	$1,485,342	$5,107,544	$1,457,517
2021	$2,682,288	$1,470,172	$3,504,391	$1,212,116
2020	$2,903,225	$2,634,925	$2,595,968	$268,300
2019	$2,948,258	$2,967,659	$2,261,633	$-19,401
2018	$2,362,686	$2,338,735	$2,055,799	$23,951

1199SEIU LEAGUE REGISTERED NURSE TRAINING AND JOB SECURITY FUND