Nyst Benefit Fund Inc

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

EIN: 141778187 ✦ Albany, NY ✦ Designated as a 501(c)(9)

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Overview

What is Nyst Benefit Fund Inc?

Nyst Benefit Fund Inc is a nonprofit organization situated in Albany, New York, with a primary focus on providing various benefits to its membership. This includes life insurance, disability insurance, and home/auto insurance, as outlined in its by-laws. To further support its members, the organization publishes the "PBA Trooper" magazine, offering relevant information and promoting professionalism within state-wide law enforcement officers, particularly those affiliated with the New York State Police.


Official website here: www.nystroopersbenefitfund.org

Is Nyst Benefit Fund Inc legitimate?

Nyst Benefit Fund Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nyst Benefit Fund Inc 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: $456,338
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nystroopersbenefitfund.org

What is the mission statement of Nyst Benefit Fund Inc?

Nyst Benefit Fund Inc, in its mission, primarily focuses on providing various benefits to its membership. These benefits include life insurance, disability insurance, and other coverage as outlined in its by-laws. Additionally, the fund publishes a magazine titled "PBA Trooper" to disseminate relevant information to its members. The organization also seeks to promote and encourage professionalism among state-wide law enforcement officers, with a particular emphasis on members of the New York State Police.


Official website here: www.nystroopersbenefitfund.org

What is the revenue of Nyst Benefit Fund Inc?

Nyst Benefit Fund Inc's revenue in 2023 was $4,299,571.


Official website here: www.nystroopersbenefitfund.org

Who are the executives of Nyst Benefit Fund Inc and what are their salaries?

Here are 24 key members and their salaries:


Andrew C Davis (1St Vp)
  • Compensation: $0
  • Related: $53,171
  • Other: $0
Jason F Sheridan (2Nd Vp)
  • Compensation: $0
  • Related: $58,178
  • Other: $0
Charles W Murphy (President)
  • Compensation: $0
  • Related: $69,214
  • Other: $0
Roger L Riutta (Secretary)
  • Compensation: $0
  • Related: $39,366
  • Other: $0
Eric Terraferma (Board Member- Nco East)
  • Compensation: $0
  • Related: $35,487
  • Other: $0
John J Conboy (Board Member- Nco West)
  • Compensation: $0
  • Related: $36,211
  • Other: $0
Daniel G Charleson (Board Member- Officers)
  • Compensation: $0
  • Related: $40,214
  • Other: $0
Michael P Catanzaro (Board Member- Troop A)
  • Compensation: $0
  • Related: $34,339
  • Other: $0
Jered J Porter (Board Member- Troop C)
  • Compensation: $0
  • Related: $46,500
  • Other: $0
Dominick Pedulla (Board Member- Troop D)
  • Compensation: $0
  • Related: $27,480
  • Other: $0
Justin R Prusak (Board Member- Troop E)
  • Compensation: $0
  • Related: $5,499
  • Other: $0
Stephen K Johnstone (Board Member- Troop F)
  • Compensation: $0
  • Related: $36,349
  • Other: $0
Dale I Palmer Jr (Board Member- Troop G)
  • Compensation: $0
  • Related: $28,455
  • Other: $0
Jonathan P Brody (Board Member- Troop K)
  • Compensation: $0
  • Related: $39,091
  • Other: $0
Peter M Nunziata (Board Member- Troop L)
  • Compensation: $0
  • Related: $41,137
  • Other: $0
Joshua P Kaye (Board Member- Troop Nyc)
  • Compensation: $0
  • Related: $34,026
  • Other: $0
Anthony Nigro Iv (Board Member- Troop T)
  • Compensation: $0
  • Related: $19,057
  • Other: $0
Martin T Mcclellan (Acting Treasurer)
  • Compensation: $0
  • Related: $32,055
  • Other: $0
Richard Cunningham (Board Member - Troop E)
  • Compensation: $0
  • Related: $4,462
  • Other: $0
Andrew Delmar (Board Member - Troop C)
  • Compensation: $0
  • Related: $23,348
  • Other: $0
Thomas Kurchark (Board Member - Troop G&H)
  • Compensation: $0
  • Related: $5,383
  • Other: $0
Andrew Lodge (Board Member - Troop D)
  • Compensation: $0
  • Related: $6,849
  • Other: $0
Adam P Dolce (Acting Board Member - Troop T)
  • Compensation: $0
  • Related: $16,843
  • Other: $0
Paul R Scott (Board Member - Troop B)
  • Compensation: $0
  • Related: $5,642
  • Other: $0


Official website here: www.nystroopersbenefitfund.org

Where can I find the form 990 for Nyst Benefit Fund Inc?

Nyst Benefit Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nystroopersbenefitfund.org

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

Mission Statement of Nyst Benefit Fund Inc

Nyst Benefit Fund Inc, a nonprofit organization, is primarily dedicated to serving its membership by offering various benefits. This includes life insurance, disability insurance, and other benefits in accordance with its by-laws. The organization's mission goes beyond just providing these benefits; it also aims to publish the "PBA Trooper" magazine. This publication serves to disseminate relevant information to its members, fostering a sense of community among state-wide law enforcement officers in New York, particularly those belonging to the New York State Police. Nyst Benefit Fund Inc seeks to promote and encourage professionalism within this field, highlighting the importance of its members' work. The fund's mission is centered around providing essential benefits to its New York State Trooper membership, thereby supporting and uplifting these individuals in their professional and personal lives.

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Impact




October, 2024

Nyst Benefit Fund Inc significantly impacts the lives of its members by providing essential benefits such as life insurance, disability insurance, and home/auto insurance tailored for New York State Troopers. This support helps ensure financial security for members and their families during challenging times.

Additionally, the fund publishes the "PBA Trooper" magazine, serving as a vital resource for disseminating information and promoting professionalism within the law enforcement community. By fostering a sense of camaraderie and encouraging best practices, Nyst Benefit Fund Inc plays a crucial role in enhancing the morale and professionalism of law enforcement officers across the state, ultimately contributing to a safer and more informed community.




This information is meant to be a general summary of Nyst Benefit Fund Inc. 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
$4,299,571 (2023)
Expenses
$4,308,224 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $4,299,571
  • Gross Receipts: $4,299,571

Assets and Liabilities:

  • Total Assets: $1,119,176
  • Total Liabilities: $860,934
  • Net Assets: $258,242

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Programs

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

MEMBER INS. CONTRIBUTI

Revenue

$3,365,262

MAGAZINE REVENUE

Revenue

$598,907

CONTRIBUTIONS FROM PBA

Revenue

$310,402

EDITOR FEES

Revenue

$25,000

Organization Details

Founding Year

1994

Principal Officer

Charles Murphy

NTEE Category

Code: Y259 - Mutual benefit

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