Correction Officers' Benevolent Assoc Security Benefits Fund - Active

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

EIN: 136163565 ✦ East elmhurst, NY ✦ Designated as a 501(c)(9)

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Overview

What is Correction Officers' Benevolent Assoc Security Benefits Fund - Active?

The Correction Officers' Benevolent Assoc Security Benefits Fund - Active is a nonprofit organization based in East Elmhurst, New York, with a US address at 77-10 21st Avenue, ZIP code 11370. Their primary mission is to provide health and welfare benefits to approximately 6,007 eligible members. The organization's activities encompass offering essential services to cover the health and wellbeing of its members. By focusing on this mission, the Correction Officers' Benevolent Assoc Security Benefits Fund - Active aims to enhance the lives and wellbeing of its 6,007 members.


Official website here: www.cobanyc.org

What are the reviews and ratings of this charity?

The Correction Officers' Benevolent Assoc Security Benefits Fund - Active is not currently rated by Charity Navigator. This is primarily because the organization is not registered as a 501(c)(3) nonprofit with the IRS, which is a requirement for evaluation under Charity Navigator's criteria. This lack of a rating should not be interpreted as an indicator of the organization's quality or efficiency.

Charity Navigator relies on beacons like Accountability & Finance or Impact & Measurement to formulate their ratings. However, as the organization does not fall within their evaluative framework due to its foundation status, these factors could not be assessed. This framework usually helps donors understand how effectively their money might be used, but in this case, such insights are unavailable.

With no user reviews available on GreatNonprofits, there is no additional user-provided feedback to inform public perceptions or provide further context about this organization's operations or impact. Consequently, users looking for comprehensive insights might need to seek information from other sources or directly from the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Correction Officers' Benevolent Assoc Security Benefits Fund - Active legitimate?

Correction Officers' Benevolent Assoc Security Benefits Fund - Active is a legitimate nonprofit organization registered as a 501(c)(9) entity. Correction Officers' Benevolent Assoc Security Benefits Fund - Active 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: $0

For more financial information, click here


Official website here: www.cobanyc.org

What is the mission statement of Correction Officers' Benevolent Assoc Security Benefits Fund - Active?

The Correction Officers' Benevolent Assoc Security Benefits Fund - Active is dedicated to providing health and welfare benefits to its eligible members. As stated in its mission description, the organization's primary exempt purpose is to ensure the wellbeing of its members. Approximately 6,007 covered members receive these essential benefits. The fund's activities focus on enhancing the quality of life for its members by addressing their healthcare needs. Through the implementation of its mission, this benevolent association fosters a sense of security and support among its membership. By providing a range of benefits, the organization strives to improve the overall wellbeing and peace of mind of its members.


Official website here: www.cobanyc.org

Who is the CEO of Correction Officers' Benevolent Assoc Security Benefits Fund - Active?

Angel Castro is the Chairman of Correction Officers' Benevolent Assoc Security Benefits Fund - Active.


Official website here: www.cobanyc.org

What is the revenue of Correction Officers' Benevolent Assoc Security Benefits Fund - Active?

Correction Officers' Benevolent Assoc Security Benefits Fund - Active's revenue in 2022 was $15,526,791.


Official website here: www.cobanyc.org

Who are the executives of Correction Officers' Benevolent Assoc Security Benefits Fund - Active and what are their salaries?


Here are 15 key members and their salaries:


Benny Boscio Jr (Chairman)
  • Compensation: $0
  • Related: $213,490
  • Other: $0
Joseph Bracco - Past (Trustee)
  • Compensation: $0
  • Related: $175,005
  • Other: $0
Michael Maiello - Past (Trustee)
  • Compensation: $0
  • Related: $133,249
  • Other: $0
Glenn Morgan (Trustee)
  • Compensation: $0
  • Related: $114,056
  • Other: $0
Keisha Williams (Trustee)
  • Compensation: $0
  • Related: $110,466
  • Other: $0
Lionel Cumberbatch (Trustee)
  • Compensation: $0
  • Related: $104,224
  • Other: $0
Herman Jiminian (Trustee)
  • Compensation: $0
  • Related: $102,029
  • Other: $0
Antionette Anderson (Trustee)
  • Compensation: $0
  • Related: $104,930
  • Other: $0
Felix Sanchez (Trustee)
  • Compensation: $0
  • Related: $104,224
  • Other: $0
Ashaki Antoine (Trustee)
  • Compensation: $0
  • Related: $78,075
  • Other: $0
Charles Wingate (Trustee)
  • Compensation: $0
  • Related: $78,075
  • Other: $0
Edward Yates (Trustee)
  • Compensation: $0
  • Related: $79,753
  • Other: $0
Matthew Romano (Trustee)
  • Compensation: $0
  • Related: $77,336
  • Other: $0
Neil Renios (Trustee)
  • Compensation: $0
  • Related: $76,598
  • Other: $0
Angel Castro (Trustee)
  • Compensation: $0
  • Related: $106,641
  • Other: $0


Official website here: www.cobanyc.org

Where can I find the form 990 for Correction Officers' Benevolent Assoc Security Benefits Fund - Active?

Correction Officers' Benevolent Assoc Security Benefits Fund - Active's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cobanyc.org

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

Mission Statement of Correction Officers' Benevolent Assoc Security Benefits Fund - Active

The Correction Officers' Benevolent Assoc Security Benefits Fund-Active is a nonprofit organization committed to providing health and welfare benefits to its eligible members. Established with a primary focus on charitable purposes, the organization serves approximately 6,007 covered members.

The Correction Officers' Benevolent Assoc Security Benefits Fund-Active strives to make a positive impact on the lives of its members by offering essential health and welfare benefits. Its mission is to ensure the wellbeing of those it serves, providing them with peace of mind and security during challenging times. The organization's dedication to this cause is evident in its efforts to provide comprehensive benefits designed to meet the diverse needs of its members.

Through its various programs and initiatives, the Correction Officers' Benevolent Assoc Security Benefits Fund-Active addresses the health and welfare concerns of its members, fostering a sense of community and support. By pooling resources and working together, the organization is able to offer valuable benefits that might not be accessible to individuals on their own. In doing so, it plays a crucial role in enhancing the quality of life for its members and helping them navigate the complexities of healthcare and other essential services.

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Impact




October, 2024

The Correction Officers' Benevolent Assoc Security Benefits Fund - Active plays a vital role in supporting approximately 6,007 eligible members by providing essential health and welfare benefits. By ensuring that members have access to necessary health services and support, the fund enhances the overall well-being of correction officers and their families. This assistance not only contributes to financial stability during times of medical need but also promotes a healthier workforce, fostering resilience among those serving in demanding roles. The focus on health and welfare reflects a commitment to the members' quality of life, ultimately benefiting the communities they serve.




This information is meant to be a general summary of Correction Officers' Benevolent Assoc Security Benefits Fund - Active. 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
$15,526,791 (2022)
Expenses
$17,081,688 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58,813
  • Program Service Revenue: $15,323,278
  • Gross Receipts: $15,526,791

Assets and Liabilities:

  • Total Assets: $20,882,985
  • Total Liabilities: $68,356
  • Net Assets: $20,814,629

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$15,215,202

COBRA CONTRIBUTIONS

Revenue

$108,076

Organization Details

Founding Year

1968

Principal Officer

Angel Castro

Main Address

77-10 21ST AVENUE, EAST ELMHURST, NY, 11370

NTEE Category

Code: Y40 - Mutual benefit

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