Amalgamated National Health Fund
- Assets
- $79.8m
- Revenue
- $177.0m
- Investments
- $22.0m
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 27-4411485
Organization Overview
Amalgamated National Health Fund is located in White Plains, NY. The organization was established in 1945. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amalgamated National Health Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Amalgamated National Health Fund generated $177.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $178.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH FUND PROVIDING HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND WELFARE BENEFITS DISBURSED TO OR FOR MEMBERS AND THEIR DEPENDENTS.
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 |
|---|---|---|---|
Richard Ellis Trustee | Trustee | 1 | $0 |
John Fowler Trustee | Trustee | 1 | $0 |
Lynne Fox Trustee | Trustee | 1 | $0 |
Kathy Hanshew Trustee | Trustee | 1 | $0 |
Jean Hervey Trustee | Trustee | 1 | $0 |
Julie Kelly Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amalgamated Employee Benefits Administra Administration | 12/30/22 | $31,530,245 |
Empire Healthchoice Assurance Inc Claims Processing | 12/30/22 | $4,925,946 |
Anthem Blue Cross Blue Shield Claims Processing | 12/30/22 | $2,938,259 |
Amalgamated Medical Care Management Inc Administrator | 12/30/22 | $1,725,017 |
Empire Blue Cross Blue Shield Of Massach Claims Processing | 12/30/22 | $2,118,859 |
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 | $175,891,922 |
| Investment income | $889,555 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,086,412 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,000,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $148,601,961 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $278,574 |
| Fees for services: Accounting | $70,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $177,842 |
| Fees for services: Other | $127,552 |
| Advertising and promotion | $0 |
| Office expenses | $203,520 |
| Information technology | $118,866 |
| Royalties | $0 |
| Occupancy | $51,950 |
| Travel | $13,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $191,402 |
| All other expenses | $28,274,887 |
| Total functional expenses | $178,109,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,225,797 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,401,086 |
| 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 | $4,091,805 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,739,775 |
| Investments—other securities | $21,965,127 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,390,691 |
| Total assets | $79,814,281 |
| Accounts payable and accrued expenses | $422,987 |
| 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 | $32,571,701 |
| Total liabilities | $32,994,688 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $46,819,593 |
| 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 | $79,814,281 |