HEALTH PROFESSIONALS AND ALLIED EMPLOYEE AFT/AFL-CIO RETIREE MEDICAL TRUST is a nonprofit organization categorized as Public Charity based in ENGLEWOOD CLIFFS, NJ. Its most recent IRS filing (2024) reports revenue of $3.9M, expenses of $991K, total assets of $42.2M.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.9M | $991K | $42.2M |
| 2023 | $2.8M | $815K | $35.6M |
| 2022 | $3.1M | $766K | $29.5M |
| 2020 | $3.8M | $503K | $27.4M |
| 2019 | $2.7M | $445K | $22.8M |
Between 2019 and 2024, reported annual revenue grew from $2.7M to $3.9M (+46%), with total assets most recently reported at $42.2M.
Interactive year-over-year charts and full filing details available with membership.
