Health And Welfare Fund Of The Pba Of The City Of New York

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

EIN: 136157604 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Health And Welfare Fund Of The Pba Of The City Of New York?

The Health and Welfare Fund of the Police Benevolent Association of the City of New York is a nonprofit organization, headquartered at 125 Broad Street, 11th Floor, New York, NY 10004. With a team of 51 employees, the fund provides health and welfare benefits to active police officers, their spouses, and eligible dependents, as stated in their primary exempt purpose. As of June 30, 2022, they serve 23,112 eligible participants, offering various benefits such as prescription drug coverage, dental, optical care, supplemental benefits, catastrophic benefits, office visit copayment benefits, and life insurance coverage.


Official website here: www.nycpba.org

Is Health And Welfare Fund Of The Pba Of The City Of New York legitimate?

Health And Welfare Fund Of The Pba Of The City Of New York is a legitimate nonprofit organization registered as a 501(c)(9) entity. Health And Welfare Fund Of The Pba Of The City Of New York 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: $146,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,172,370

For more financial information, click here


Official website here: www.nycpba.org

What is the mission statement of Health And Welfare Fund Of The Pba Of The City Of New York?

The Health and Welfare Fund of the Police Benevolent Association in New York focuses on providing essential health and welfare benefits to active police officers, their spouses, and eligible dependents. The organization's primary objective is to ensure the wellbeing of these individuals, offering a comprehensive benefit plan. Some of the benefits provided by the Fund include prescription drug coverage, dental and optical care, supplemental benefits, and catastrophic coverage. Additionally, there are office visit co-payment benefits and life insurance coverage available. At present, the Health and Welfare Fund caters to over 23,000 eligible participants, ensuring they have access to vital health and welfare services. The Fund's mission is to maintain the wellbeing and overall health of active police officers, thus enabling them to continue serving their communities effectively. Through its benefits, the Health and Welfare Fund aims to provide peace of mind and financial security to the individuals it serves, enhancing their quality of life and enabling them to focus on their roles as dedicated police officers. The Health and Welfare Fund of the Police Benevolent Association of the City of New York plays a crucial role in supporting the wellbeing and health of active police officers, ensuring they have access to essential benefits and resources when they need it most.


Official website here: www.nycpba.org

Who is the CEO of Health And Welfare Fund Of The Pba Of The City Of New York?

David Nicholson is the Funds Administrator of Health And Welfare Fund Of The Pba Of The City Of New York.


Official website here: www.nycpba.org

What is the revenue of Health And Welfare Fund Of The Pba Of The City Of New York?

Health And Welfare Fund Of The Pba Of The City Of New York's revenue in 2022 was $44,992,404.


Official website here: www.nycpba.org

Who are the executives of Health And Welfare Fund Of The Pba Of The City Of New York and what are their salaries?

The average compensation at Health And Welfare Fund Of The Pba Of The City Of New York during 2022 was $25,870. There are 51 employees at Health And Welfare Fund Of The Pba Of The City Of New York.

Here are 11 key members and their salaries:

    David Nicholson (Funds Administrator)
  • Compensation: $115,520
  • Related: $273,484
  • Other: $70,057

    • Keith Owen (Asst. Funds Admin.)
  • Compensation: $76,542
  • Related: $79,665
  • Other: $57,783

    • Monita Wong (Controller)
  • Compensation: $51,795
  • Related: $87,505
  • Other: $56,261

    • Vicki Trickett (Sql Dba & Developer)
  • Compensation: $38,381
  • Related: $101,462
  • Other: $27,718

    • Gregory Aristilde (It Director)
  • Compensation: $38,367
  • Related: $101,461
  • Other: $27,708

    • Niveen Mansour (Senior Accountant)
  • Compensation: $27,669
  • Related: $96,830
  • Other: $26,296

    • Patrick J Lynch (Trustee)
  • Compensation: $0
  • Related: $109,912
  • Other: $0

    • John P Puglissi (Trustee)
  • Compensation: $0
  • Related: $95,344
  • Other: $0

    • Joseph A Alejandro (Trustee)
  • Compensation: $0
  • Related: $85,631
  • Other: $0

    • Patrick G Hendry (Trustee)
  • Compensation: $0
  • Related: $85,631
  • Other: $0

    • Daniel J Tirelli (Trustee)
  • Compensation: $0
  • Related: $85,631
  • Other: $0


  • Official website here: www.nycpba.org

    Where can I find the form 990 for Health And Welfare Fund Of The Pba Of The City Of New York?

    The Health And Welfare Fund Of The Pba Of The City Of New York’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nycpba.org

    Learn more at the official website: www.nycpba.org

    Mission Statement of Health And Welfare Fund Of The Pba Of The City Of New York

    The Health and Welfare Fund of the Pba of the City of New York, a notable welfare benefit plan, is dedicated to enhancing the well-being of active police officers, their spouses, and eligible dependents. By focusing on this mission, the organization ensures the overall health and livelihood of those who serve and protect their communities.

    This charitable entity, with a primary exempt purpose, offers a comprehensive range of benefits to its 23,112 eligible participants. The benefits package includes coverage for prescription drugs, dental, optical, and supplemental insurance. Among these advantages, the Fund provides a catastrophic benefit, office visit co-payment benefit, and life insurance coverage, ensuring that the recipients have access to essential healthcare services and financial security in times of need.

    Impact

    This information is meant to be a general summary of Health And Welfare Fund Of The Pba Of The City Of New York. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Health And Welfare Fund Of The Pba Of The City Of New York plays a crucial role in providing essential health and welfare benefits to active police officers, their spouses, and eligible dependents. With a focus on offering prescription drug coverage, dental care, optical services, and supplemental benefits like catastrophic coverage and life insurance, this fund supports the well-being of 23,112 eligible participants as of June 30, 2022.

    By ensuring that active police officers have access to necessary healthcare services and insurance coverage, this organization contributes to the overall health and welfare of those who serve in law enforcement in the city of New York. Its impact extends beyond individual officers to their families, creating a support system that promotes their physical and financial well-being.

    Through its mission to provide vital benefits to those who dedicate their lives to public safety, the Health And Welfare Fund Of The Pba Of The City Of New York plays a critical role in safeguarding the health and security of the police force and their loved ones.





    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: $1,195,278
  • Program Service Revenue: $43,797,050
  • Gross Receipts: $44,992,404

    • Assets and Liabilities:
  • Total Assets: $127,205,831
  • Total Liabilities: $2,459,455
  • Net Assets: $124,746,376
  • Programs

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

    CONTRIBUTION FROM NYC

    Revenue

    $43,682,784

    COBRA PREMIUM COLLECTED

    Revenue

    $114,266

    Organization Details

    Founding Year

    1964

    Principal Officer

    David Nicholson

    Main Address

    125 BROAD STREET 11TH FL, NEW YORK, NY, 10004

    NTEE Category

    Code: Y40 - Mutual benefit

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