Public Employees Federation Membership Benefits Program

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133060718 ✦ Albany, NY ✦ Designated as a 501(c)(5)

Overview

What is Public Employees Federation Membership Benefits Program?

The Public Employees Federation Membership Benefits Program is a nonprofit organization based in Albany, New York, at 10 Airline Drive 101, dedicated to offering voluntary welfare benefits to approximately 50,000 active and 15,000 retired members of the New York State Public Employees Federation, an AFL-CIO labor union. The organization's primary mission is to provide essential benefits and services to its members.


Official website here: www.pefmbp.com

Is Public Employees Federation Membership Benefits Program legitimate?

Public Employees Federation Membership Benefits Program is a legitimate nonprofit organization registered as a 501(c)(5) entity. Public Employees Federation Membership Benefits Program submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,751,309

For more financial information, click here


Official website here: www.pefmbp.com

What is the mission statement of Public Employees Federation Membership Benefits Program?

The Public Employees Federation Membership Benefits Program is committed to providing certain welfare benefits to members of the New York State Public Employees Federation, AFL-CIO. This organization aims to enhance the lives of approximately 50,000 active and 15,000 retired members by offering a range of benefits and services on a voluntary basis. While specifics of the benefits are not mentioned, it's clear that they contribute to improving the overall well-being of the members. The program is an essential component of the Federation, offering valuable resources and assistance to its members. By focusing on the provision of benefits, the program strengthens the bond between the Federation and its members, fostering a sense of community and support.


Official website here: www.pefmbp.com

Who is the CEO of Public Employees Federation Membership Benefits Program?

Wayne Spence is the Trustee of Public Employees Federation Membership Benefits Program.


Official website here: www.pefmbp.com

What is the revenue of Public Employees Federation Membership Benefits Program?

Public Employees Federation Membership Benefits Program's revenue in 2022 was $27,827,545.


Official website here: www.pefmbp.com

Who are the executives of Public Employees Federation Membership Benefits Program and what are their salaries?

Here are 8 key members and their salaries:

    Wayne Spence (Trustee)
  • Compensation: $0
  • Related: $105,952
  • Other: $19,718

    • Kay Wilkie (Trustee - Past)
  • Compensation: $0
  • Related: $27,249
  • Other: $1,793

    • Joseph Donahue (Trustee)
  • Compensation: $0
  • Related: $16,837
  • Other: $3,342

    • David Dubofsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernadette O'Conner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanette Santos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Corse-Johnson (Trustee - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Mclean-Beathley (Trustee - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pefmbp.com

    Where can I find the form 990 for Public Employees Federation Membership Benefits Program?

    The Public Employees Federation Membership Benefits Program’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pefmbp.com

    Learn more at the official website: www.pefmbp.com

    Mission Statement of Public Employees Federation Membership Benefits Program

    The Public Employees Federation Membership Benefits Program, a New York state affiliate of the AFL-CIO, is dedicated to extending certain welfare benefits to its approximately 50,000 active and 15,000 retired members on a voluntary basis. This mission-driven organization focuses on delivering benefits and services tailored to the needs of the New York State Public Employees Federation members.

    In simple terms, the Public Employees Federation Membership Benefits Program serves as a safety net for its members, offering them a range of benefits designed to enhance their overall wellbeing. By providing these benefits, the organization aims to help its members navigate various aspects of their lives with greater ease and peace of mind.

    The specifics of the benefits offered by the Public Employees Federation Membership Benefits Program are not detailed in the information provided. However, it is mentioned that the organization delivers these benefits voluntarily, suggesting that they may include insurance coverage, discounts, or other valuable perks that can improve the quality of life for its members. Overall, the Public Employees Federation Membership Benefits Program acts as a valuable companion to its members, offering them essential support and services that can make a significant difference in their lives.

    Impact

    This information is meant to be a general summary of Public Employees Federation Membership Benefits Program. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Public Employees Federation Membership Benefits Program has a positive impact on its members by providing certain welfare benefits and services. With approximately 50,000 active and 15,000 retired members of the New York State Public Employees Federation participating on a voluntary basis, the program plays a crucial role in supporting the well-being and needs of public employees. By offering a range of benefits and services, the program helps enhance the quality of life for its members and contributes to their overall satisfaction and security.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,900,904
  • Program Service Revenue: $25,905,168
  • Gross Receipts: $62,132,565

    • Assets and Liabilities:
  • Total Assets: $25,284,552
  • Total Liabilities: $2,737,127
  • Net Assets: $22,547,425
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBER CONTRIBUTIONS

    Revenue

    $25,299,858

    BENEFIT ADMINISTRATION FEES

    Revenue

    $601,025

    LIMITED PARTNERSHIP INCOME

    Revenue

    $4,285

    Organization Details

    Founding Year

    1979

    Principal Officer

    Wayne Spence

    Main Address

    10 AIRLINE DRIVE 101, ALBANY, NY, 12205

    NTEE Category

    Code: Y40 - Mutual benefit

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