NEW YORK LABOR HEALTH CARE ALLIANCE INC

EIN: 141772487

ALBANY, NY

Total Revenue
$509,031
Total Expenses
$676,193
Total Assets
$229,034
Net Assets
$229,034
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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
1994
Legal Domicile
NY
Principal Officer
MICHAEL BRADY
Phone
5184594520
Tax Period
2024-06-01 to 2025-05-31

NEW YORK LABOR HEALTH CARE ALLIANCE INC, founded in 1994, is a small nonprofit that reported $509K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $676K exceeded revenue, resulting in a 33% operating deficit.

Mission

A COALITION OF HEALTH PLANS HOPING TO FIND BETTER HEALTHCARE SOLUTIONS WORKING TOGETHER TO NEGOTIATE WITH PROVIDERS FOR LOWER GROUP BENEFIT RATES (I.E. LOW COST NETWORK ACCESS FOR ALLIANCE MEMBER FUNDS TO PROVIDE AFFORDABLE HEALTHCARE AND PRESCRIPTION DRUG COVERAGES TO THEIR 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $501,785
Investment Income $7,246
Other Revenue $0
TOTAL REVENUE $509,031

Expense Breakdown

Grants Paid $0
Salaries & Benefits $174,575
Fundraising Expenses $0
Other Expenses $501,618
TOTAL EXPENSES $676,193

Year-over-Year Comparison

2024 2023 Change
Revenue $509,031 $396,945 +0.3%
Expenses $676,193 $498,620 +0.4%
Net Income $-167,162 $-101,675 +0.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
66
Independent Members
66
Employees
2
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
7
$115,245
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
N/A BOARD MEMBER 0.50
$0 $0 $0
KELVIN HERRALA IBEW LOCAL 325 VICE PRESIDENT 1.00
Officer
$0 $0 $0
CHRISTOPHER BAXTER PLUMBERS STEAMF VICE PRESIDENT 1.00
Officer
$0 $0 $0
FRANK PERRI SHEET METAL LOCAL 38 VICE PRESIDENT 1.00
Officer
$0 $0 $0
MICHAEL BRADY LABORERS LOCAL 157 TREASURER 5.50
Officer
$0 $0 $0
MELISSA DELPRETE ROCHESTER LABORER' SECRETARY 1.50
Officer
$0 $0 $0
RICHARD BROOKS PLUMBERS LOCAL 200 H PRESIDENT 1.50
Officer
$0 $0 $0
STEVE O'SICK EXECUTIVE DIRECTOR 40.00
Officer
$104,288 $10,957 $115,245
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
2025 $509,031 $676,193 $229,034 $-167,162
2024 $396,945 $498,620 $396,196 $-101,675
2023 $304,129 $419,177 $497,871 $-115,048
2022 $353,338 $344,916 $466,106 $8,422
2021 $526,509 $348,894 $457,684 $177,615
2020 $357,398 $243,685 $280,069 $113,713
2019 $318,341 $269,255 $166,356 $49,086
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