New York Labor Health Care Alliance Inc

Organization Overview

New York Labor Health Care Alliance Inc, operating under the name Nylhca, is located in Albany, NY. The organization was established in 1995. 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 05/2022, Nylhca employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nylhca is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 05/2022, Nylhca generated $353.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $344.9k during the year ending 05/2022. While expenses have increased by 7.4% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

A COALITION OF HEALTH PLANS HOPING TO FIND BETTER HEALTHCARE SOLUTIONS WORKING TOGETHER TO NEGOTIATE WITH PROVIDERS FOR LOWER GROUP BENEFIT RATES (I.E. LOW COST NETWORK ACCESS FOR ALLIANCE MEMBER FUNDS TO PROVIDE AFFORDABLE HEALTHCARE AND PRESCRIPTION DRUG COVERAGES TO THEIR PARTICIPANTS).

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE MISSION STATEMENT


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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$352,940
Investment income $398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $353,338

Grants Recieved

Over the last fiscal year, we have identified 1 grants that New York Labor Health Care Alliance Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Pharmaceutical Research And Manufacturers Of America

Washington, DC

PURPOSE: GENERAL CONTRIBUTION

$10,000
View Grant Recipient Profile

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