Marble Industry Trust Fund
- Assets
- $10.5m
- Revenue
- $10.6m
- Investments
- $0.0
- Employees
- 124
- Location
- New York, NY
- Founding
- 01/1948
- Data as of
- 12/2023
- EIN
- 13-6118206
Organization Overview
Marble Industry Trust Fund is located in New York, NY. The organization was established in 1948. 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 12/2023, Marble Industry Trust Fund employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marble Industry 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 12/2023, Marble Industry Trust Fund generated $10.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $12.2m during the year ending 12/2023. 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
THE PLAN WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING HEALTH CARE AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES AND RETIREES COVERED BY COLLECTIVE BARGAINING AGREEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HEALTH, WELFARE AND OTHER BENEFITS TO COVERED PLAN PARTICIPANTS.
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 |
|---|---|---|---|
Robin Young Tyrrell Attorney | 14 | $111,994 | |
Michael Sarosy Payroll Auditor | 14 | $109,720 | |
Eleftherios Vouvoudakis Payroll Auditor | 14 | $121,270 | |
Jessy Torres Trustee | Trustee | 0 | $1,763 |
Michael Goedtel Trustee (alt) | Trustee | 1 | $1,325 |
Christopher Guy Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daniel H Cook Associates Inc Third Party Admin. | 12/30/23 | $100,337 |
Empire Blue Cross Blue Shield Claims Processing | 12/30/23 | $289,322 |
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 | $9,674,572 |
| Investment income | $107,586 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,940 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,586,039 |
| 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 | $11,035,588 |
| Compensation of current officers, directors, key employees. | $3,088 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $346,072 |
| Pension plan accruals and contributions | $27,439 |
| Other employee benefits | $0 |
| Payroll taxes | $27,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,459 |
| Fees for services: Accounting | $42,368 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,122 |
| Fees for services: Other | $566,279 |
| Advertising and promotion | $0 |
| Office expenses | $38,194 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $215 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,563 |
| All other expenses | $0 |
| Total functional expenses | $12,189,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,183,774 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,069,831 |
| 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 | $13,342 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,203,912 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,500 |
| Total assets | $10,509,359 |
| Accounts payable and accrued expenses | $133,402 |
| Grants payable | $0 |
| Deferred revenue | $13,398 |
| 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 | $3,355,651 |
| Total liabilities | $3,502,451 |
| Net assets without donor restrictions | $0 |
| 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 | $7,006,908 |
| Total liabilities and net assets/fund balances | $10,509,359 |