Stabilization Reserve Fund Of The Uniformed Firefighters Association

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

EIN: 133349540 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Stabilization Reserve Fund Of The Uniformed Firefighters Association?

The Stabilization Reserve Fund of the Uniformed Firefighters Association is a nonprofit organization located in New York City, specifically at 204 East 23rd Street, New York, NY 10010. Its primary mission is to provide life insurance coverage on a voluntary basis to approximately 8,245 active and 10,500 retired members of the Uniformed Firefighters Association of Greater New York, Local 94 I.A.F.F. This fund serves as a crucial safety net for the firefighters and their families by offering life insurance benefits. The specific activities or mission of the fund revolve around providing financial support and protection in the event of unforeseen circumstances.


Official website here: www.ufalocal94.org

Is Stabilization Reserve Fund Of The Uniformed Firefighters Association legitimate?

Stabilization Reserve Fund Of The Uniformed Firefighters Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Stabilization Reserve Fund Of The Uniformed Firefighters Association 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: $86,651

For more financial information, click here


Official website here: www.ufalocal94.org

What is the mission statement of Stabilization Reserve Fund Of The Uniformed Firefighters Association?

The Stabilization Reserve Fund of the Uniformed Firefighters Association has a mission to provide life insurance coverage. Specifically, this fund offers voluntary life insurance benefits to both active and retired members of the Uniformed Firefighters Association of Greater New York, Local 94 I.A.F.F. This service aims to offer financial security and peace of mind to the individuals who serve as firefighters, ensuring their families are protected in the event of their passing. The fund has benefited approximately 8,245 active and 10,500 retired members.


Official website here: www.ufalocal94.org

Who is the CEO of Stabilization Reserve Fund Of The Uniformed Firefighters Association?

Andrew Ansbro is the Trustee of Stabilization Reserve Fund Of The Uniformed Firefighters Association.


Official website here: www.ufalocal94.org

What is the revenue of Stabilization Reserve Fund Of The Uniformed Firefighters Association?

Stabilization Reserve Fund Of The Uniformed Firefighters Association's revenue in 2022 was $5,316,821.


Official website here: www.ufalocal94.org

Who are the executives of Stabilization Reserve Fund Of The Uniformed Firefighters Association and what are their salaries?


Here are 10 key members and their salaries:


Andrew Ansbro (Trustee)
  • Compensation: $0
  • Related: $122,221
  • Other: $2,500
Robert Eustace (Trustee)
  • Compensation: $0
  • Related: $61,890
  • Other: $4,000
Vincent Speciale (Trustee)
  • Compensation: $0
  • Related: $61,750
  • Other: $5,000
Edward Brown (Trustee)
  • Compensation: $0
  • Related: $61,724
  • Other: $5,000
Michael Schreiber (Trustee)
  • Compensation: $0
  • Related: $49,653
  • Other: $4,000
Eric Bischoff (Trustee)
  • Compensation: $0
  • Related: $49,685
  • Other: $3,833
Douglas Carroll (Trustee)
  • Compensation: $0
  • Related: $43,575
  • Other: $2,500
William Greco (Trustee)
  • Compensation: $0
  • Related: $43,462
  • Other: $5,000
Dennis Tveter (Trustee)
  • Compensation: $0
  • Related: $43,565
  • Other: $2,500
Christopher Viola (Trustee)
  • Compensation: $0
  • Related: $43,598
  • Other: $3,000


Official website here: www.ufalocal94.org

Where can I find the form 990 for Stabilization Reserve Fund Of The Uniformed Firefighters Association?

Stabilization Reserve Fund Of The Uniformed Firefighters Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ufalocal94.org

Learn more at the official website: www.ufalocal94.org

Mission Statement of Stabilization Reserve Fund Of The Uniformed Firefighters Association

The Stabilization Reserve Fund of the Uniformed Firefighters Association, in its mission, provides life insurance coverage to active and retired members of the Uniformed Firefighters Association of Greater New York, Local 94 I.A.F.F., on a voluntary basis. This nonprofit organization has played a significant role in offering life insurance benefits to approximately 8,245 active members and 10,500 retired members of the Uniformed Firefighters Association. The Stabilization Reserve Fund demonstrates its commitment to the safety and well-being of its members by providing them with essential life insurance coverage.

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Impact




October, 2024

The Stabilization Reserve Fund of the Uniformed Firefighters Association significantly impacts the well-being and financial security of its members by providing life insurance coverage to both active and retired firefighters. By offering these benefits on a voluntary basis, the fund ensures that approximately 8,245 active members and 10,500 retired members of the Uniformed Firefighters Association in Greater New York have access to essential life insurance, which can alleviate financial burdens on families in the event of an unexpected loss.

By focusing on mutual benefit, the fund fosters a sense of community and support among firefighters, reinforcing the importance of safeguarding their families' futures. This support not only enhances the peace of mind for the firefighters themselves but also contributes to their overall morale and job satisfaction, knowing that they have a safety net in place. The presence of such a fund is crucial in a profession that often faces significant risks, making it an invaluable resource for its members in times of need.




This information is meant to be a general summary of Stabilization Reserve Fund Of The Uniformed Firefighters Association. 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.

Revenue
$5,316,821 (2022)
Expenses
$4,071,848 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $95,436
  • Program Service Revenue: $5,221,385
  • Gross Receipts: $6,147,213

Assets and Liabilities:

  • Total Assets: $10,677,057
  • Total Liabilities: $5,000
  • Net Assets: $10,672,057

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Programs

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

MEMBER CONTRIBUTIONS

Revenue

$5,221,385

Organization Details

Founding Year

1977

Principal Officer

Andrew Ansbro

Main Address

204 EAST 23RD STREET, NEW YORK, NY, 10010

NTEE Category

Code: Y40 - Mutual benefit

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