Overview
What is New York City Retirees Benefits Fund?
The New York City Retirees Benefits Fund is a nonprofit organization, specifically, The Plan, which is governed by CO ASO INC located in Lynbrook, New York. Its primary mission is to offer various benefits to eligible participants and their dependents, who are enrolled in collective bargaining agreements. These benefits encompass prescription drugs, dental care, optical services, life insurance, prepaid legal services, hearing aids, podiatry, medical supplemental coverage, and Medicare taxes. The Fund's purpose is to enhance the well-being of its beneficiaries by providing them with comprehensive healthcare and financial assistance.
Is New York City Retirees Benefits Fund legitimate?
New York City Retirees Benefits Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York City Retirees Benefits Fund 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:
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What is the mission statement of New York City Retirees Benefits Fund?
The New York City Retirees Benefits Fund's primary objective is to extend benefits to eligible participants and their dependents, who are covered by collective bargaining agreements. The benefits offered by the fund encompass various aspects of healthcare and financial security. These include prescription drugs, dental and optical care, life insurance, prepaid legal services, hearing aids, podiatry, medical supplemental coverage, and assistance with Medicare taxes. The fund serves as a safety net, providing support to its beneficiaries during their retirement years.
Who is the CEO of New York City Retirees Benefits Fund?
Sue Guisti is the Trustee - Past of New York City Retirees Benefits Fund.
What is the revenue of New York City Retirees Benefits Fund?
New York City Retirees Benefits Fund's revenue in 2022 was $11,056,470.
Who are the executives of New York City Retirees Benefits Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for New York City Retirees Benefits Fund?
New York City Retirees Benefits Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York City Retirees Benefits Fund
The New York City Retirees Benefits Fund, in essence, is committed to extending benefits to eligible participants and their dependents who are covered under collective bargaining agreements. This nonprofit organization's mission revolves around providing a comprehensive range of benefits, encompassing prescription drugs, dental and optical care, life insurance, prepaid legal services, hearing aids, podiatry, medical supplemental coverage, and Medicare taxes. By offering these benefits, the New York City Retirees Benefits Fund aims to support and safeguard the well-being of its covered individuals, providing them with essential healthcare services and financial security as they transition into retirement.
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Impact
October, 2024
The New York City Retirees Benefits Fund significantly enhances the quality of life for eligible participants and their dependents by providing a comprehensive range of benefits. Through collective bargaining agreements, the fund ensures access to essential health and wellness services, including prescription drugs, dental, and optical care. Participants also benefit from life insurance, prepaid legal services, and support for hearing needs and podiatry.
By addressing a variety of health and supplemental needs, the fund plays a crucial role in reducing financial burdens related to medical expenses, thereby contributing to the overall well-being and security of retirees and their families. This holistic approach not only fosters better health outcomes but also promotes peace of mind, allowing retirees to enjoy their later years with greater financial stability and health assurance. The Fund's commitment to mutual benefit exemplifies its dedication to supporting the lives of those who have served the city.
This information is meant to be a general summary of New York City Retirees Benefits Fund. 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: -$402,447
- Program Service Revenue: $11,458,917
- Gross Receipts: $35,002,620
Assets and Liabilities:
- Total Assets: $39,218,911
- Total Liabilities: $768,345
- Net Assets: $38,450,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS-EMPLOYER
Revenue
$11,417,912
CONTRIBUTIONS-COBRA
Revenue
$41,005
Organization Details
Founding Year
1975
Phone
(516) 396-5500Principal Officer
Sue Guisti
Main Address
CO ASO INC 303 MERRICK ROAD, LYNBROOK, NY, 11563
NTEE Category
Code: Y40 - Mutual benefit
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