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1199 SEIUCITY OF NEW YORK EDUCATION CHILD AND ELDERCARE FUND
NEW YORK, NY · EIN 810817995 · Form 990 · FY2024 · NTEE Y44 · Mutual & Membership Benefit · Medium ($1M-$10M)
revenue
$1.8M
expenses
$1.8M
net assets
$5.5M
employees
382
mission · from form 990

TO PROVIDE EDUCATION AND TRAINING BENEFITS AND CHILD AND ELDERCARE SERVICES TO ELIGIBLE PARTICIPANTS.

profile · synthesized from sources

Provides education, training, and childcare/eldercare services to eligible participants, primarily affiliated with the 1199 SEIU union in New York City. Operates as a benefit fund supporting union members and their families through workforce development and care programs. Focuses on accessible training and dependent care services in the New York metropolitan area.

named programs · 2 · from sources

What they call their work

Child and Eldercare Services Program
Provides access to childcare and eldercare resources, including subsidies and referral services, for union members and their dependents
Education and Training Benefits Program
Offers tuition assistance, vocational training, and professional development opportunities to eligible union members
activities · 1 group

What they do

  • Union-Linked Educational Scholarships 1 activity
    • Provides education, training, and childcare/eldercare services
      Offers education and training benefits along with child and eldercare services to eligible participants.
financials · form 990 · fy2024
revenue
Total revenue$1.83M
Contributions & grants$00%
Program service revenue$1.78M97%
Investment income$49K3%
Other revenue$29
expenses
Total expenses$1.76M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$353K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$5.56M
Cash$970K
Investments$3.86M
Liabilities$66K
Net assets$5.50M
Liquid reserves32.9 mo
3 years on record · 2020–2024 · YoY revenue +2.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
PROSPER EDWIN CO-PLAN ADMINISTRATOR 5 $20K
HEATHER CAYENNE CO-PLAN ADMINISTRATOR 5 $17K
board members · 9
  • CHINEA JOSEPH — UNION TRUSTEE (BEGINNING 7/2024)
  • DANIEL RATNER — UNION TRUSTEE
  • DEBORAH FRIEDMAN — CITY CO-CHAIR
  • JONATHAN WANGEL — CITY TRUSTEE
  • JOYCE NEIL — UNION TRUSTEE (TO 7/2024)
  • KERRY GAO — CITY TRUSTEE
  • LORRAINE HENRY-DEMPSEY — UNION TRUSTEE (BEGINNING 7/2024)
  • STACYLEA GRAY — UNION CO-CHAIR
  • YVETTE VILLANUEVA — CITY TRUSTEE