Hitachi America Ltd

Organization Overview

Hitachi America Ltd is located in White Plains, NY. The organization was established in 1992. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hitachi America Ltd is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Hitachi America Ltd generated $216.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $209.8m during the year ending 12/2021. While expenses have increased by 21.6% 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

THE HITACHI AMERICA, LTD. HEALTH AND WELFARE PLAN PROVIDES MEDICAL, VISION, PRESCRIPTION, DRUG, DENTAL, HEALTH AND DEPENDENT CARE SPENDING ACCOUNT, GROUP LIFE, SHORT-TERM AND LONG-TERM DISABILITY BENEFITS TO ELIGIBLE ACTIVE EMPLOYEES AS WELL AS OTHER BENEFITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BENEFITS PAID FOR ELIGIBLE PARTICIPANTS OF THE PLAN.


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Board, Officers & Key Employees

Name (title)Compensation
Sunisa Manopchantaroj
Chro
$0
Name Not Listed
Trustee
$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$216,083,141
Investment income $1,554
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 $216,084,695

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