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
What are the reviews and ratings of this charity?
The Public Employees Federation Membership Benefits Program is not currently rated by Charity Navigator. The absence of a rating does not imply a specific standing, positive or negative, but rather that the program hasn't been evaluated through the methodologies typically applied to 501(c)(3) organizations. Its independent status further complicates direct assessments as linked or grouped organizations might be more straightforwardly evaluated under standardized criteria.
The organization is categorized outside the typical forms of nonprofits assessed by Charity Navigator, thereby excluding it from Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability methodologies. It lacks available electronically-filed Form 990 data, hindering a review of the financials or leadership compensation which might inform a more comprehensive analysis.
With no user reviews available on GreatNonprofits, there is limited public feedback to inform stakeholders or members about their experiences with the program. Therefore, any assessment of the program relies heavily on internal and independent evaluations not outlined by standard public metrics or experiences.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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:
- Compensation: $0
- Related: $105,952
- Other: $19,718
- Compensation: $0
- Related: $16,837
- Other: $3,342
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $27,249
- Other: $1,793
Official website here: www.pefmbp.com
Where can I find the form 990 for Public Employees Federation Membership Benefits Program?
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.
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Impact
October, 2024
The Public Employees Federation Membership Benefits Program significantly enhances the well-being and support of its members, comprising approximately 50,000 active and 15,000 retired individuals. By providing a range of welfare benefits and services, the program ensures that these members have access to essential resources that promote their quality of life.
Membership benefits include various services tailored to meet the unique needs of public employees, enhancing job satisfaction and personal security. This fosters a sense of community among members, allowing them to connect and support one another in their professional and personal lives. Furthermore, the program is designed on a voluntary basis, which allows members to choose benefits that are most relevant to them, thus promoting empowerment and choice.
Overall, the impact of the program is profound, as it not only addresses immediate welfare needs but also contributes to greater collective strength and solidarity among public employees in New York. Through these offerings, the Public Employees Federation Membership Benefits Program plays a crucial role in supporting the rights and welfare of its members.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(518) 785-1900Principal Officer
Wayne Spence
Main Address
10 AIRLINE DRIVE 101, ALBANY, NY, 12205
Website
www.pefmbp.comNTEE Category
Code: Y40 - Mutual benefit
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