Correction Captains Association Security Benefits Fund - Retirees

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

EIN: 510195150 ✦ Brooklyn, NY ✦ Designated as a 501(c)(9)

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Overview

What is Correction Captains Association Security Benefits Fund - Retirees?

The Correction Captains Association Security Benefits Fund - Retirees is a nonprofit organization situated in Brooklyn, New York, specifically at 241 37th Street 303. Their primary mission is to extend health benefits and other forms of support to their covered participants. This organization is dedicated to ensuring the well-being of its members in retirement by providing them with necessary resources and coverage.


Official website here: www.nyccca.org

Is Correction Captains Association Security Benefits Fund - Retirees legitimate?

Correction Captains Association Security Benefits Fund - Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Correction Captains Association Security Benefits Fund - Retirees 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.nyccca.org

What is the mission statement of Correction Captains Association Security Benefits Fund - Retirees?

The Correction Captains Association Security Benefits Fund for Retirees is committed to extending health and other beneficial services to its eligible participants. Their primary objective is to ensure the well-being and support of these individuals by providing them with necessary resources. The fund focuses on delivering health benefits as its main objective, but it also encompasses other essential benefits for its covered participants. This organization's mission is to contribute positively to the lives of its retirees, offering them the assistance they need to live comfortably.


Official website here: www.nyccca.org

Who is the CEO of Correction Captains Association Security Benefits Fund - Retirees?

Patrick Ferraiuolo is the Trustee of Correction Captains Association Security Benefits Fund - Retirees.


Official website here: www.nyccca.org

What is the revenue of Correction Captains Association Security Benefits Fund - Retirees?

Correction Captains Association Security Benefits Fund - Retirees's revenue in 2022 was $3,480,229.


Official website here: www.nyccca.org

Who are the executives of Correction Captains Association Security Benefits Fund - Retirees and what are their salaries?


Here are 5 key members and their salaries:


Patrick Ferraiuolo (Trustee)
  • Compensation: $0
  • Related: $100,354
  • Other: $0
Paul Idlett (Trustee)
  • Compensation: $0
  • Related: $61,947
  • Other: $0
Otis Blount (Trustee)
  • Compensation: $0
  • Related: $59,683
  • Other: $0
Lawrence Debianchi (Trustee)
  • Compensation: $0
  • Related: $25,141
  • Other: $0
Terri Porter (Trustee)
  • Compensation: $0
  • Related: $24,688
  • Other: $0


Official website here: www.nyccca.org

Where can I find the form 990 for Correction Captains Association Security Benefits Fund - Retirees?

Correction Captains Association Security Benefits Fund - Retirees's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nyccca.org

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

Mission Statement of Correction Captains Association Security Benefits Fund - Retirees

The Correction Captains Association Security Benefits Fund - Retirees is dedicated to extending health and various other benefits to its covered participants. This nonprofit organization's primary mission is to ensure the well-being of its participants by providing them with essential healthcare and additional benefits. By doing so, the Correction Captains Association Security Benefits Fund - Retirees aims to support its participants, providing them with the resources they need to maintain their health and quality of life.

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Impact




October, 2024

The Correction Captains Association Security Benefits Fund - Retirees plays a crucial role in enhancing the well-being of its participants by providing essential health and other benefits. By focusing on the needs of retirees, the fund ensures that individuals who have dedicated their careers in law enforcement receive support during their post-retirement years. This impact is particularly significant in a field where physical and mental health can be deeply affected by years of service.

Through various programs, the fund helps mitigate healthcare costs, allowing retirees to access necessary medical services, medications, and wellness programs without undue financial strain. This support not only contributes to improved health outcomes but also fosters a sense of security and peace of mind among the retirees and their families.

In a broader sense, the work of the Correction Captains Association Security Benefits Fund - Retirees promotes a culture of care and mutual aid within the community, reinforcing the importance of looking after those who have served and protected. This initiative also reflects a commitment to maintaining the dignity and quality of life for individuals in retirement, helping them transition smoothly into the next phase of their lives.




This information is meant to be a general summary of Correction Captains Association Security Benefits Fund - Retirees. 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
$3,480,229 (2022)
Expenses
$3,640,100 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $473,202
  • Program Service Revenue: $3,007,027
  • Gross Receipts: $6,647,138

Assets and Liabilities:

  • Total Assets: $5,466,958
  • Total Liabilities: $709,814
  • Net Assets: $4,757,144

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Programs

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

Cobra contributions

Revenue

$25,474

Employer contributions

Revenue

$2,981,553

Organization Details

Founding Year

1976

Principal Officer

Patrick Ferraiuolo

Main Address

241 37th Street 303, Brooklyn, NY, 11232

NTEE Category

Code: Y40 - Mutual benefit

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