NFP500

#201 of 500 · Member & Benefit Funds

Management-Ila Managed Healthcare Employee Benefits Tr

EIN 13-3968546 · NY · NTEE n/a · Form 990, fiscal 2023

A New York-based voluntary employees' beneficiary association (VEBA) and Taft-Hartley fund established in 1996 by the International Longshoremen's Association and employers of ILA labor. It provides medical, behavioral health, prescription drug, dental, and vision benefits to active and retired longshore workers and their dependents on the Atlantic and Gulf Coasts, covering roughly 83,000 participants, and is governed jointly by union and management trustees.

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Financials, fiscal 2023

Revenue
$799.3M
Expenses
$848.4M
Total assets
$1.53B
Net assets
$1.44B
Operating margin
-6.2%
1-year growth
-3.2%
5-year growth (CAGR)
2.4%
Reserve (years of spending)
20.4
Contributions share
n/a
Programme spending
86.0%
Fundraising cost
n/a
Executive pay share
0.07%
Employees
5
Revenue per employee
$159.9M
Grants paid
n/a
Years filing
26

NFP Health Score: 72 / 100

Financial 62 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$727.7M
2020$697.0M
2021$773.9M
2022$826.0M
2023$799.3M