Management-Ila Managed Healthcare Employee Benefits Tr

Management-Ila Managed Healthcare Employee Benefits Tr Overview

Management-Ila Managed Healthcare Employee Benefits Tr is located in New York, NY. The organization was established in 1997. 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 12/2019, Management-Ila Managed Healthcare Employee Benefits Tr employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Management-Ila Managed Healthcare Employee Benefits Tr generated $727.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $677.3m during the year ending 12/2019. While expenses have increased by 3.9% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TO ADMINISTER HEALTH AND WELFARE BENEFITS OF A TAFT HARTLEY FUND PROVIDING BENEFITS TO OVER 60,000 PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS OF 12/31/2019 THIS VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) ADMINISTERED HEALTH AND WELFARE BENEFITS FOR 18,600 ACTIVE PARTICIPANTS AND 13,190 RETIRED OR SEPARATED PARTICIPANTS FOR WHICH, INCLUDING DEPENDENTS, INCLUDES OVER 60,000 PARTICIPANTS.


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Management-Ila Managed Healthcare Employee Benefits Tr Board, Officers & Key Employees

Management-Ila Managed Healthcare Employee Benefits Tr Vendors

Vendor Name (Service)Compensation
Cigna Health Care
Administration
$12,288,669
Cvscaremark
Administration
$1,344,527
Aetna
Administration
$772,623
Boyd Watterson Asset Mgmt Llc
Investment Manager
$660,822
The Lambos Firm Llp
Legal Services
$452,472
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$639,524,738
Investment income $8,761,103
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,732,710
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $727,652,737

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