Noitu Insurance Trust Fund

Organization Overview

Noitu Insurance Trust Fund is located in Jamaica, NY. The organization was established in 1957. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Noitu Insurance Trust Fund employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noitu Insurance Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Noitu Insurance Trust Fund generated $71.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $46.0m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MULTI-EMPLOYER ERISA HEALTH & WELFARE PLAN PROVIDING HEALTH AND OTHER BENEFITS FOR MEMBERS AND THEIR DEPENDENTS OF THE NATIONAL ORGANIZATION OF INDUSTRIAL TRADE UNIONS AND ITS AFFILIATED LOCALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED HEALTH AND OTHER BENEFITS TO PARTICIPANTS AND THEIR ELIGIBLE 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)Compensation
Arthur Orzano
Co Plan Admin
$277,802
Farley Kamhi
Director It Dept
$237,269
David Lieberman
Dir Of Llmdc
$211,109
Mark Green
Controller/trst
$206,193
Elizabeth Forte
Dir Of Empl Servs
$166,573
Andre Williams
Cnsl & Co Admin
$163,972

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Basys Inc
It Consulting
$301,533
Empire Healthchoice Assurance Inc
Contract Admin
$825,893
Wcm Investment Management Llc
Investment Mgmt
$105,078
View All Vendors

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$43,186,753
Investment income $2,841,444
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $25,331,068
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $71,536,431

Create an account to unlock the data you need.

or