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Filing year 2024

HEALTH PROFESSIONALS AND ALLIED EMPLOYEE AFT/AFL-CIO RETIREE MEDICAL TRUST

Englewood Cliffs, New Jersey·EIN 68-6254830·NTEE Y44 · Mutual & Membership Benefit·9
Total revenue
$3.9M
Total assets
$42.2M
Total expenses
$991k
Reported officers
4
Mission

THE FUND IS A WELFARE BENEFIT PROGRAM THAT IS MAINTAINED PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS BETWEEN HEALTH PROFESSIONALS AND ALLIED EMPLOYEES, AFT/AFL-CIO (HPAE), A LABOR ORGANIZATION, WHICH NEGOTIATES BENEFITS FOR ITS MEMBERS AND VARIOUS HOSPITALS. HPAE PROVIDES COVERAGE FOR THEIR ELIGIBLE MEMBERS, WHEREAS EMPLOYERS IN CONTRACT WITH COLLECTIVE BARGAINING AGREEMENTS CONTRIBUTE TO THE TRUST FOR THE PURPOSE OF FUNDING, IN WHOLE, OR IN PART, RETIREE HEALTH BENEFITS.

Reported officers (all unpaid)

No paid executives reported in 2024. HEALTH PROFESSIONALS AND ALLIED EMPLOYEE AFT/AFL-CIO RETIREE MEDICAL TRUST reported 4 unpaid officers and board members on its 990.

Union Trustee- Chairman
Employer Trustee
Union Trustee
Employer Trustee
Financial trend

Revenue and expenses over time

HEALTH PROFESSIONALS AND ALLIED EMPLOYEE AFT/AFL-CIO RETIREE MEDICAL TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.8M
$815k
2023
$3.9M
$991k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

HEALTH PROFESSIONALS AND ALLIED EMPLOYEE AFT/AFL-CIO RETIREE MEDICAL TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization nationwide earns a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

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