Connecticut Coalition Of Taft- Hartley Health Funds Inc
- Assets
- $470.5k
- Revenue
- $384.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Hartford, CT
- Founding
- 09/1992
- Data as of
- 05/2023
- EIN
- 22-3176650
Organization Overview
Connecticut Coalition Of Taft- Hartley Health Funds Inc is located in Hartford, CT. The organization was established in 1992. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 05/2023, Connecticut Coalition Of Taft- Hartley Health Funds Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Coalition Of Taft- Hartley Health Funds Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2023, Connecticut Coalition Of Taft- Hartley Health Funds Inc generated $384.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $569.5k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE WELFARE AND VIABILITY OF MEMBER FUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION EDUCATES ITS MEMBERS ON RECENT DEVELOPMENTS IN THE HEALTH CARE INDUSTRY THROUGH VARIOUS PUBLICATIONS, MONTHLY MEMBERSHIP MEETINGS AND THROUGH ITS WEBSITE. THE COALITION HAS DEVELOPED A DATA NETWORK IN ORDER TO ANALYZE AND DISSEMINATE STATISTICAL DATA AND INFORMATION REGARDING THE CLAIMS EXPERIENCE, COSTS AND UTILIZATION RATES OF ITS VARIOUS MEMBER FUNDS. THIS INFORMATION CAN BE SHARED WITH OFFICIALS OF THE STATE OF CONNECTICUT AND OTHER HEALTH CARE SERVICES IN CONNECTICUT. THE COALITION HAS PROMOTED THE LONG-TERM SURVIVAL OF THE HEALTH FUNDS REGULATED BY THE TAFT-HARTLEY ACT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Butts Management Trustee | Trustee | 2 | $0 |
John Ferrucci Management Trustee | Trustee | 2 | $0 |
Sean Daly Labor Trustee | Trustee | 2 | $0 |
David Pickus Labor Trustee | Trustee | 2 | $0 |
Michael Moconyi Management Trustee | Trustee | 2 | $0 |
John Nimmons Labor Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $351,722 |
| Investment income | $2,831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,573 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,590 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,421 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,868 |
| Pension plan accruals and contributions | $9,409 |
| Other employee benefits | $12,829 |
| Payroll taxes | $23,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,203 |
| Fees for services: Accounting | $8,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,520 |
| Advertising and promotion | $0 |
| Office expenses | $14,678 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,444 |
| Travel | $9,679 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,891 |
| Interest | $0 |
| Payments to affiliates | $6,920 |
| Depreciation, depletion, and amortization | $599 |
| Insurance | $7,359 |
| All other expenses | $0 |
| Total functional expenses | $569,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $469,223 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,239 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $470,462 |
| Accounts payable and accrued expenses | $15,956 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,956 |
| Net assets without donor restrictions | $454,506 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $470,462 |
Grants Awarded
Over the last fiscal year, Connecticut Coalition Of Taft- Hartley Health Funds Inc has awarded $12,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ALLIANCE ON MENTAL ILLNESS PURPOSE: FINANCIAL SUPPORT | $6,000 |
YALE NEW HAVEN CHILDREN'S HOSPITAL FUND PURPOSE: FINANCIAL SUPPORT | $6,000 |