Health Facilities Insurance Trust

Organization Overview

Health Facilities Insurance Trust is located in Inwood, NY. The organization was established in 2015. 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. Health Facilities Insurance Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 11/2021, Health Facilities Insurance Trust generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $4.1m during the year ending 11/2021. 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

TO MAINTAIN THE ASSETS OF THEHEALTH BENEFIT PLAN KNOWN AS HEALTH FACILITIES INSURANCE TRUST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYMENT OF HEALTH AND INSURANCE BENEFITS FOR EMPLOYEES AND DEPENDENTS OF THE VARIOUS PARTICIPATING COMPANIES


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Board, Officers & Key Employees

Name (title)Compensation
Charles-Edouard Gros
Trustee
$0
Jonathan Rosenberg
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$4,006,286
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 $4,006,286

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