TY 2024 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)
(1) DOUG CARFRAE...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(2) REGINA MINCEY - GARLIN...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(3) BRIAN MYERS COOPER...................................................................... UNION TRUSTEE/ CO-CHAIR	1.00 ................. 0.00	X
(4) IRA MONT...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(5) STEPHEN BOGARDUS...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(6) JEFF APPLEGATE...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(7) JULIA B SIMPSON...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(8) EUGENIO VARGAS...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(9) NIKKI SWITZER...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(10) CHRISTINE BUNUAN...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(11) AL VINCENT JR...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(12) DAVID BLITZSTEIN...................................................................... UNION TRUSTEE	1.00 ................. 0.00	X
(13) CHRISTOPHER BROCKMEYER...................................................................... EMPLOYER TRUSTEE/CO-CHAIR	1.00 ................. 0.00	X
(14) BARRY GROVE...................................................................... EMPLOYER TRUSTEE	1.00 ................. 0.00	X
(15) DAVID RICHARDS...................................................................... EMPLOYER TRUSTEE	1.00 ................. 0.00	X
(16) ELLIOT GREENE...................................................................... EMPLOYER TRUSTEE	1.00 ................. 0.00	X
(17) GEORGE S FORBES...................................................................... EMPLOYER TRUSTEE	1.00 ................. 0.00	X

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(18) AMY JACOBS........................................................................ EMPLOYER TRUSTEE - THRU 05/25	1.00 .......................0.00	X			0	0
(19) ANDY JONES........................................................................ EMPLOYER TRUSTEE - EFF 05/25	1.00 .......................0.00	X			0	0
(20) TONY THOMAS........................................................................ EMPLOYER TRUSTEE	1.00 .......................0.00	X			0	0
(21) DAVID TURNER........................................................................ EMPLOYER TRUSTEE	1.00 .......................0.00	X			0	0
(22) STEPHANIE GRASSI ESQ........................................................................ EMPLOYER TRUSTEE	1.00 .......................0.00	X			0	0
(23) KHADY KAMARA NUNEZ........................................................................ EMPLOYER TRUSTEE	1.00 .......................0.00	X			0	0
(24) HAL GOLDBERG........................................................................ EMPLOYER TRUSTEE - THRU 11/24	1.00 .......................0.00	X			0	0
(25) JASON LAKS........................................................................ EMPLOYER TRUSTEE - EFF 01/25	1.00 .......................0.00	X			0	0
(26) VINCENT CINELLI........................................................................ EXECUTIVE DIRECTOR	40.00 .......................0.00		X		315,000	96,117
(27) JOSEPH ROGERS........................................................................ DIRECTOR OF IT	40.00 .......................0.00			X	229,619	79,636
(28) AGNES LEYDEN........................................................................ DIRECTOR OF FINANCE	40.00 .......................0.00			X	198,450	73,091
(29) CINDY GOLD........................................................................ BENEFITS MANAGER	40.00 .......................0.00			X	167,841	65,825
(30) EMILIYA PELETEKOVA........................................................................ ACCOUNTS RECEIVABLE MANAGER	40.00 .......................0.00			X	166,591	76,349
(31) SHANE ABDELNOUR........................................................................ IT TECHNICIAN	40.00 .......................0.00			X	130,987	58,085

(A) Name and business address	(B) Description of services	(C) Compensation
CIGNA HEALTHCARE 900 COTTAGE GROVE ROAD BLOOMFIELD,CT06002	CLAIMS PROCESSOR	1,952,581
THE SEGAL CO PO BOX 4058 NEW YORK,NY10261	ACTUARY/CONSULTANT	332,958
PROSKAUER ROSE LLP 11 TIMES SQUARE 19TH FLOOR NEW YORK,NY100368299	ATTORNEY	285,650
INCOME RESEARCH & MANAGEMENT 100 FEDERAL STREET 30TH FLOOR BOSTON,MA02110	INVESTMENT FEES	189,031
SPIVAK LIPTON LLP 1040 AVENUE OF THE AMERICAS 20TH F NEW YORK,NY10018	ATTORNEY	186,902
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 6

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

EQUITY-LEAGUE HEALTH TRUST FUND

Employer identification number

13-6092981

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	17,479	14,038	3,441
d	Equipment ....	648,723	639,660	9,063
e	Other .....	38,155	38,155	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				12,504

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) PARTNERSHIP/JOINT VENTURE	5,687,500	F
(B) 103-12	100,124,104	F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	105,811,604

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
BENE OBLIG CURRENTLY PAYABLE	8,482,271








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	8,482,271
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	80,893,886
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	6,166,975
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	6,166,975
3	Subtract line 2e from line 1..................			3	74,726,911
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	245,856
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	245,856
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	74,972,767

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	73,289,204
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	73,289,204
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	245,856
b	Other (Describe in Part XIII.) ...........	4b	2,872,166
c	Add lines 4a and 4b.....................			4c	3,118,022
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	76,407,226

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART XII, LINE 4B - OTHER ADJUSTMENTS:	CHANGE IN PBO CURRENTLY PAYABLE 2,872,166.

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
EQUITY-LEAGUE HEALTH TRUST FUND

Employer identification number

13-6092981

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(f) Total expenditures for and investments in the region
	CENTRAL AMERICA & CARIBBEAN	0	0	INVESTMENTS	5,687,500
















3a	Sub-total ....	0	0		5,687,500
b	Total from continuation sheets to Part I ...	0	0		0
c	Totals (add lines 3a and 3b)	0	0		5,687,500

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)