Nys Health Providers Workers Compensation Trust

Organization Overview

Nys Health Providers Workers Compensation Trust is located in Olean, NY. The organization was established in 2000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nys Health Providers Workers Compensation Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Nys Health Providers Workers Compensation Trust generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 55.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 15.4% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

MANAGEMENT OF AND DISBURSEMENTS FOR THE WORKERS' COMPENSATION CLAIMS FOR THE EMPLOYEES OF THE TAX-EXEMPT SELF-INSURED EMPLOYER MEMBERS OF THE TRUST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MANAGEMENT OF AND DISBURSEMENTS FOR THE WORKERS' COMPENSATION CLAIMS FOR THE EMPLOYEES OF THE TAX-EXEMPT SELF-INSURED EMPLOYER MEMBERS OF THE TRUST.


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Board, Officers & Key Employees

Name (title)Compensation
Monica Manske
Secretary
$0
Mark Prunoske
President
$0
Corina Chrystie
Board Member
$0

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$116,667
Investment income $18,661
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $602,698
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,168,803

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