Nysa Ila Vacation & Holiday Fund

Organization Overview

Nysa Ila Vacation & Holiday Fund is located in Jersey City, NJ. The organization was established in 1973. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 09/2021, Nysa Ila Vacation & Holiday Fund employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nysa Ila Vacation & Holiday Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 09/2021, Nysa Ila Vacation & Holiday Fund generated $51.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $51.8m during the year ending 09/2021. While expenses have increased by 3.7% per year over the past 6 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

THE FUND IS A MULTI-EMPLOYER WELFARE EMPLOYEE BENEFIT PLAN ESTABLISHED PURSUANT TOTHE COLLECTIVE BARGAINING AGREEMENT BETWEEN NEW YORK SHIPPING ASSOCIATION AND THEINTERNATIONAL LONGSHOREMEN'S ASSOCIATION TO PROVIDE VACATION AND HOLIDAY BENEFITS. THE FUND ALSO PROVIDES TRAINING THAT ENABLES ILA MEMBERS TO FUNCTION IN VARIOUS CAPACITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUND ACCOMPLISHED ITS MISSION IN MEETING ITS OBLIGATION TO PAY VACATION BENEFITS TO ELIGIBLE PARTICIPANTS.


THE FUND ACCOMPLISHED ITS MISSION IN MEETING ITS OBLIGATION TO PAY HOLIDAY BENEFITS TO ELIGIBLE PARTICIPANTS.


THE FUND ACCOMPLISHED ITS MISSION IN MEETING ITS OBLIGATION TO PAY TRAINING BENEFITS TO ELIGIBLE PARTICIPANTS.


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Board, Officers & Key Employees

Name (title)Compensation
John Walsh
Director
$245,314
Dominick Gaudioso
Treasurer
$0
John Nardi
Trustee
$0
John Atkins
Trustee
$0
Kurt Mittenzwei
Trustee
$0
Brandon Garcia
Alt. Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Maher Terminals Llc
Training
$842,912
Gct Bayonne Lp
Training
$330,916
Ports America Inc
Training
$400,282
Gct New York Lp
Training
$335,589
Apm Terminals North America
Training
$572,587
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$51,794,081
Investment income $0
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 $51,819,514

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