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BUILDING SERVICE 32BJ HEALTH FUND

NEW YORK, NY · EIN 132928869 · Form 990 · FY2024 · NTEE J40 · Employment · Very Large (>$50M) · 32bjfunds.org
revenue
$1.9B
expenses
$1.9B
net assets
$3.2B
employees
859
mission · from form 990

To provide health, death, life insurance, accidental death & dismemberment and long-term disability benefits to its eligible participants & dependents under collective bargaining agreements.

profile · synthesized from sources

BUILDING SERVICE 32BJ HEALTH FUND is a New York-based health benefits fund serving union members and their dependents under collective bargaining agreements. It provides health, life, dental, vision, and long-term disability benefits. The fund partners with healthcare providers such as Northwell Health to expand access to preferred-network services in the New York metropolitan area.

named programs · 3 · from sources

What they call their work

32BJ Health Fund
Provides comprehensive health, dental, vision, life, and long-term disability benefits to eligible 32BJ SEIU union members and their dependents
5 Star Center Network
Offers $0 copay access to primary care, specialists, and behavioral health professionals within the preferred provider network
Northwell Health Partnership
Includes 28 Northwell Health hospitals and thousands of Northwell doctors in the preferred network for lower copays
activities · 8 groups

What they do

  • Union and Association Benefit Funds 3 activities
    • Administer health, life, and disability benefits
      Provides health, life, accidental death and dismemberment, and long-term disability benefits to eligible participants and dependents under collective bargaining agreements, serving over 95,000 members and 180,000 covered lives through five multi-employer funds.
    • Administer pension and retirement benefits
      Administers pension benefits through multiple funds including the 32BJ North Pension Fund, 32BJ/Broadway League Pension Fund, and 32BJ Connecticut Pension Fund, and provides self-directed retirement savings accounts funded by employer contributions and employee pre-tax deferrals to eligible members.
    • Improve disability benefits for members
      Increased the long-term disability monthly benefit from $250 to $375 per month for eligible participants in the Metropolitan health plan and automatically applied the increase to current recipients without requiring reapplication.
  • Union Member Training & Leadership Development 1 activity
    • Administer training and scholarship programs
      Offers free training courses and seminars including Green Buildings and English as a Second Language at 50 locations, serving over 10,000 union members annually with more than 250 courses through its scholarship fund.
  • Healthcare Policy Advocacy 1 activity
    • Advocate for hospital pricing accountability
      Established the 32BJ Labor Industry Cooperation Trust Fund to advocate for legislative and regulatory changes to reduce high hospital costs, contributing to the passage of new laws in New York and New Jersey enforcing hospital pricing accountability.
  • Retirement Benefits Education & Support 1 activity
    • Deliver member education and outreach programs
      Hosts seminars and workshops, produces informational and instructional videos, and provides brochures and guides to educate members on accessing and using their benefits, including support for the 32BJ Member Portal.
  • Healthcare Delivery Networks and Coalitions 1 activity
    • Enhance provider network access
      Expanded access by including all 28 Northwell Health hospitals in the New York metropolitan area in the 32BJ preferred network and enrolling thousands of Northwell doctors in the 5 Star Center network.
  • Endowment and Gift Fund Management 1 activity
    • Manage benefit fund investment portfolios
      Manages investment portfolios totaling $9.4 billion across the 32BJ Benefit Funds to ensure financial sustainability and support benefit delivery.
  • Patient Portal and Digital Health Access 1 activity
    • Operate online member portal and digital tools
      Provides an online tool that displays personalized benefit information, helps members find a doctor, and supports digital access through the 32BJ Member Portal with dedicated registration and instructional resources.
  • Legal Representation for Members 1 activity
    • Provide legal representation to members and dependents
      Offers legal representation to covered Local 32BJ members, their dependents, retirees, spouses, and workers in the Bronx and service trades through the 32BJ North Legal Services Fund.
financials · form 990 · fy2024
revenue
Total revenue$1.95B
Contributions & grants$00%
Program service revenue$1.91B98%
Investment income$25.51M1%
Other revenue$12.90M
expenses
Total expenses$1.88B
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$48.00M
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$3.25B
Cash$78.11M
Investments$2.76B
Liabilities$74.74M
Net assets$3.18B
Liquid reserves18.1 mo
6 years on record · 2019–2024 · YoY revenue +8.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 21
NameTitleHours/wkCompensation
HOWARD I ROTHSCHILD EMPLOYER TRUSTEE 1 $1.60M
ROBERT SCHWARTZ DEPUTY EMPLOYER TRUSTEE 1 $574K
PETER GOLDBERGER EXECUTIVE DIRECTOR 24 $385K
HARRY WEINBERG DEPUTY EMPLOYER TRUSTEE 1 $382K
FARNAZ TAMARI DIRECTOR, DENTAL CENTER 35 $347K
STEVE JENKINS DIRECTOR OF OPERATIONS 26 $340K
ELAINE POMMELLS DIR. OF FINANCE & ADMIN 24 $330K
RANDI FARBER DIRECTOR, TECH & OPERATIONS 26 $324K
ANTONIO RODRIGUEZ DIRECTOR OF INVESTMENTS 8 $324K
THOMAS ORMSBY DIR. OF BILLING & EMPLOY. SVCS 26 $313K
CORA OPSAHL HEALTH FUND, DIRECTOR 34 $306K
EMMANUEL PASTREICH UNION TRUSTEE - CHAIRMAN 1 $295K
MALGORZATA GAPINSKA DIRECTOR, INFO. MANAGEMENT 26 $292K
JOHN SANTOS UNION TRUSTEE - SECY./TREAS. 1 $290K
ROXANA RIVERA UNION TRUSTEE (EFF. 01/31/25) 1 $256K
ELIZABETH BAKER DEPUTY UNION TRUSTEE 1 $246K
KEVIN BROWN DEPUTY UNION TRUSTEE 1 $245K
SHIRLEY ALDEBOL UNION TRUSTEE (thru 1/31/25) 1 $245K
DENIS JOHNSTON DEPUTY UNION TRUSTEE 1 $242K
LENORE FRIEDLANDER DEPUTY UNION TRUSTEE 1 $237K
LARRY ENGELSTEIN UNION TRUSTEE 1 $29K
board members · 4
  • ANDREW HOFFMAN — EMPLOYER TRUSTEE (EFF 2/12/25)
  • BROOKE JENKINS-LEWIS — EMPLOYER TRUSTEE
  • FRED SURACE — DEPUTY EMPLOYER TRUSTEE
  • JEFFREY BRODSKY — EMPLOYER TRUSTEE
relationships · 17

Who they work with

  • 32BJ Labor Industry Cooperation Trust Fund Partner — Collaborates on advocacy efforts to address hospital pricing and healthcare affordability.
  • Bronx Realty Advisory Board, Inc. Partner — Employer trustee organization represented on the Board of Trustees for the 32BJ North Funds.
  • C&W Facility Services, Inc. Partner — Employer trustee organization represented on the Board of Trustees for the Massachusetts Service Employees Pension Fund.
  • CW Facility Services, Inc. Partner — Employer trustee organization represented on the Board of Trustees for the 32BJ Connecticut Pension Fund.
  • Coalition for Affordable Hospitals Partner — Works collectively to raise awareness among legislators, employers, and hospitals about hospital pricing and healthcare costs.
  • Heap Partner — Analytics service provider used to track user interactions with websites and apps to improve service performance and user experience.
  • Janitronics Building Services Partner — Employer trustee organization represented on the Board of Trustees for the Massachusetts Service Employees Pension Fund.
  • Jujamcyn Theatres Partner — Employer trustee organization represented on the Board of Trustees for the 32BJ/Broadway League Pension Fund.
  • Local 32BJ Network — Primary beneficiary and affiliated union for all administered benefit funds.
  • Member Services Partner — Provides phone support for members with questions about their benefits.
  • NYC School Support Services, Inc. Partner — Employer trustee organization represented on the Board of Trustees for the 32BJ School Workers Pension Fund.
  • Northwell Direct Partner — Partnership to lower healthcare prices for 32BJ Health Fund participants, resulting in $0 copays for care from Northwell doctors.
  • Northwell Health Partner — Network of 28 hospitals and thousands of doctors included in the 32BJ preferred health care network.
  • Realty Advisory Board on Labor Relations, Inc. Partner — Employer trustee organization represented on the Board of Trustees for the Building Service 32BJ Benefit Funds.
  • SMG Corporate Services Company Partner — Employer trustee organization represented on the Board of Trustees for the 32BJ Connecticut Pension Fund.
  • The Broadway League Partner — Employer trustee organization represented on the Board of Trustees for the 32BJ/Broadway League Pension Fund.
  • YouTube Partner — Hosts instructional and welcome videos for the 32BJ Member Portal on YouTube.
strategies · 3

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.

  • Financial Support as Economic Stabilization During Disability
    methodology: financial_support_during_disability
    By increasing financial support for members unable to work due to long-term disability, the fund improves economic stability during medical incapacity, because reliable income during health crises prevents downward financial spirals and supports recovery.
  • Joint Governance for Equitable Fund Administration
    methodology: joint_governance
    By maintaining equal voting power between union and employer trustees, decisions about fund administration reflect balanced interests, because shared governance fosters trust, transparency, and accountability in benefit delivery.
  • Zero-Cost Access to Care via Network Integration
    methodology: zero_copay_access
    By integrating high-quality providers into a 5 Star Center network, members receive $0 copay for primary care, specialists, and behavioral health services, because removing financial barriers increases utilization and improves health outcomes.