MANAGEMENT-ILA MANAGED HEALTH CARE TRUST FUND

EIN: 133968546

NEW YORK, NY

Total Revenue
$799,302,348
Total Expenses
$848,446,410
Total Assets
$1,534,608,132
Net Assets
$1,439,802,607
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Phone
2127665700
Tax Period
2023-01-01 to 2023-12-31

MANAGEMENT-ILA MANAGED HEALTH CARE TRUST FUND, founded in 1997, is a major nonprofit that reported $799.3M in total revenue in fiscal year 2023.

Mission

VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TO ADMINISTER HEALTH AND WELFARE BENEFITS OF A TAFT HARTLEY FUND PROVIDING BENEFITS TO OVER 83,000 PARTICIPANTS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $687,416,997
Investment Income $13,604,406
Other Revenue $98,280,945
TOTAL REVENUE $799,302,348

Expense Breakdown

Grants Paid $0
Salaries & Benefits $885,075
Fundraising Expenses $0
Other Expenses $7,371,465
TOTAL EXPENSES $848,446,410

Year-over-Year Comparison

2023 2022 Change
Revenue $799,302,348 $825,973,680 0.0%
Expenses $848,446,410 $750,941,330 +0.1%
Net Income $-49,144,062 $75,032,350 -1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
5
Volunteers
N/A

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
0
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAVERNE THOMPSON EXECUTIVE DIRECTOR 0.00
$291,798 $37,934 $329,732
ROBIN CSABON DIRECTOR OF ACCOUNTING 0.00
$260,768 $33,900 $294,668
DAVID F ADAM Co-Chairman 0.00
Director
$0 $0 $0
JAMES CAMPBELL Trustee 0.00
Director
$0 $0 $0
MICHAEL VIGNERON Trustee 0.00
Director
$0 $0 $0
WILLIE SEYMORE Trustee 0.00
Director
$0 $0 $0
ALAN ROBB Trustee 0.00
Director
$0 $0 $0
JOHN NARDI Trustee 0.00
Director
$0 $0 $0
SHAREEN LARMOND Trustee 0.00
Director
$0 $0 $0
DERRICK MILES Trustee 0.00
Director
$0 $0 $0
BENNY HOLLAND JR Co-Chairman 0.00
Director
$0 $0 $0
ROGER GIESINGER Trustee 0.00
Director
$0 $0 $0
KELLY STRONG Trustee 0.00
Director
$0 $0 $0
BERNARD O'DONNEL Trustee 0.00
Director
$0 $0 $0
KENNETH RILEY Trustee 0.00
Director
$0 $0 $0
EDDIE MONTOTO Trustee 0.00
Director
$0 $0 $0
DAVID CICALESE Trustee 0.00
Director
$0 $0 $0
JAMES H PAYLOR Trustee 0.00
Director
$0 $0 $0
JAMES R GRAY JR Trustee 0.00
Director
$0 $0 $0
ANISSA FRUCCI Trustee 0.00
Director
$0 $0 $0
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 $799,302,348 $848,446,410 $1,534,608,132 $-49,144,062
2022 $825,973,680 $750,941,330 $1,415,627,358 $75,032,350
2021 $773,864,686 $730,577,321 $1,464,545,299 $43,287,365
2020 $696,977,288 $671,539,267 $1,263,299,043 $25,438,021
2019 $727,652,737 $677,253,932 $1,130,467,061 $50,398,805
2018 $641,644,383 $621,497,537 $958,051,767 $20,146,846
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