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LAUNDRY DRY CLEANING WORKERS & ALLIED INDUSTRIES HEALTH FUND WORKERS UNITED
WHITE PLAINS, NY · EIN 135521921 · Form 990 · FY2024 · Large ($10M-$50M)
revenue
$16.8M
expenses
$16.1M
net assets
$19.7M
employees
3
mission · from form 990

VEBA HEALTH FUND PROVIDING HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

profile · synthesized from sources

LAUNDRY DRY CLEANING WORKERS & ALLIED INDUSTRIES HEALTH FUND WORKERS UNITED is a Voluntary Employees' Beneficiary Association (VEBA) based in New York that provides health benefits to eligible workers in the laundry, dry cleaning, and allied industries, along with their dependents. The organization operates as a self-funded health benefits plan, administering medical coverage and related services to union-affiliated employees across the industry.

named programs · 1 · from sources

What they call their work

Health Benefits Administration
Manages and administers comprehensive health insurance coverage including medical, dental, and prescription benefits to eligible union workers and their dependents.
activities · 1 group

What they do

  • Union and Association Benefit Funds 1 activity
    • Provides health benefits to eligible participants and dependents
      Offers health benefits coverage to eligible workers and their dependents through a VEBA (Voluntary Employees' Beneficiary Association) trust structure.
financials · form 990 · fy2024
revenue
Total revenue$16.80M
Contributions & grants$00%
Program service revenue$16.26M97%
Investment income$432K3%
Other revenue$110K
expenses
Total expenses$16.12M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$141K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$20.64M
Cash$343K
Investments$17.71M
Liabilities$918K
Net assets$19.72M
Liquid reserves13.4 mo
4 years on record · 2020–2024 · YoY revenue +21.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
ALBERTO ARROYO UNION TRUSTEE 1 $173K
MEGHAN CHAMBERS UNION TRUSTEE - CHAIRMAN 1 $173K
board members · 4
  • DANIEL SILVERMAN — UNION TRUSTEE
  • JOHN MAGLIOCCO — EMPLOYER TRUSTEE
  • MICHAEL POTACK — EMPLOYER TRUSTEE
  • ROBERT POTACK — EMPLOYER TRUSTEE
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.