Overview
What is Retiree Health And Welfare Fund Of The Pba Of The City Of New York?
The Retiree Health and Welfare Fund of the Police Benevolent Association of the City of New York is a nonprofit organization based in New York City. It serves approximately 25,649 retired police officers and their eligible dependents, providing them with healthcare benefits as of June 30, 2022. The fund offers various supplemental benefits, including prescription drugs, dental, optical, and other essential services. The organization's primary mission is to ensure the well-being of retired police officers and their families by offering comprehensive health benefits.
Official website here: www.nycpba.org
Is Retiree Health And Welfare Fund Of The Pba Of The City Of New York legitimate?
Retiree Health And Welfare Fund Of The Pba Of The City Of New York is a legitimate nonprofit organization registered as a 501(c)(9) entity. Retiree Health And Welfare Fund Of The Pba Of The City Of New York 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: $144,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,232,633
For more financial information, click here
Official website here: www.nycpba.org
What is the mission statement of Retiree Health And Welfare Fund Of The Pba Of The City Of New York?
The Retiree Health and Welfare Fund of the Police Benevolent Association of the City of New York is dedicated to providing health and welfare benefits to retired police officers, their spouses, and eligible dependents. The organization's primary purpose is to ensure the well-being of its beneficiaries. Currently, the fund caters to over 25,000 retired participants and their dependents, offering various benefits such as prescription drugs, dental, optical, and supplemental coverage. By focusing on the health and welfare needs of retired police officers, this fund aims to enhance their quality of life during their post-service years.
Official website here: www.nycpba.org
Who is the CEO of Retiree Health And Welfare Fund Of The Pba Of The City Of New York?
David Nicholson is the Funds Administrator of Retiree Health And Welfare Fund Of The Pba Of The City Of New York.
Official website here: www.nycpba.org
What is the revenue of Retiree Health And Welfare Fund Of The Pba Of The City Of New York?
Retiree Health And Welfare Fund Of The Pba Of The City Of New York's revenue in 2022 was $53,884,482.
Official website here: www.nycpba.org
Who are the executives of Retiree Health And Welfare Fund Of The Pba Of The City Of New York and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $109,912
- Other: $0
- Compensation: $0
- Related: $95,344
- Other: $0
- Compensation: $0
- Related: $85,631
- Other: $0
- Compensation: $0
- Related: $85,631
- Other: $0
- Compensation: $0
- Related: $85,631
- Other: $0
- Compensation: $113,626
- Related: $275,378
- Other: $70,057
- Compensation: $76,542
- Related: $79,665
- Other: $57,783
- Compensation: $50,402
- Related: $88,898
- Other: $56,261
- Compensation: $39,308
- Related: $100,535
- Other: $27,718
- Compensation: $39,324
- Related: $100,504
- Other: $27,708
- Compensation: $28,360
- Related: $96,139
- Other: $26,296
Official website here: www.nycpba.org
Where can I find the form 990 for Retiree Health And Welfare Fund Of The Pba Of The City Of New York?
Retiree Health And Welfare Fund Of The Pba Of The City Of New York's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nycpba.org
Learn more at the official website: www.nycpba.org
Mission Statement of Retiree Health And Welfare Fund Of The Pba Of The City Of New York
The Retiree Health and Welfare Fund of the Pba of the City of New York is a nonprofit organization dedicated to providing health and welfare benefits to retired police officers, their spouses, and eligible dependents. Established as a welfare benefit plan, this organization aims to promote the well-being of its members by offering essential services beyond their retirement.
With a primary focus on healthcare, the Retiree Health and Welfare Fund offers various benefits including prescription drugs, dental, optical, and supplemental coverage to enrolled retirees and their dependents. By doing so, it ensures that the retired police officers can access the necessary healthcare services to maintain their overall health and well-being. The organization supports over 25,649 retired participants, providing them with critical health benefits to enhance their quality of life post-retirement.
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Impact
October, 2024
The Retiree Health and Welfare Fund of the PBA of the City of New York plays a crucial role in supporting the health and well-being of retired police officers and their families. By providing essential health and welfare benefits, the fund ensures that over 25,000 retired participants, along with their eligible dependents, have access to critical services, including prescription drugs, dental, and optical care.
This support significantly enhances the quality of life for retired officers who may face various health challenges as they age. The provision of these benefits alleviates financial burdens associated with healthcare costs, allowing retirees to focus on their well-being and that of their loved ones without the anxiety of medical expenses. The fund's efforts contribute to the overall stability of retired police officers, fostering a sense of community and mutual support amongst those who have served the city. By prioritizing the health needs of these individuals, the organization underscores its commitment to honoring their service and sacrifice.
This information is meant to be a general summary of Retiree Health And Welfare Fund Of The Pba Of The City Of New York. 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: $1,772,172
- Program Service Revenue: $52,103,000
- Gross Receipts: $53,884,482
Assets and Liabilities:
- Total Assets: $181,884,705
- Total Liabilities: $4,072,277
- Net Assets: $177,812,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTION FROM NYC
Revenue
$46,948,982
MEDICARE DRUG SUBSIDY
Revenue
$4,742,914
COBRA PREMIUM COLLECTE
Revenue
$411,104
Organization Details
Founding Year
1977
Phone
(212) 349-7560Principal Officer
David Nicholson
Main Address
125 BROAD STREET 11TH FL, NEW YORK, NY, 10004
Website
www.nycpba.orgNTEE Category
Code: Y40 - Mutual benefit
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