2024-07-10T17:58:01-05:00 2023-08-31 NFL 345 PARK AVENUE NEW YORK NY 101540004 990 2022-09-01 133077470 PROFESSIONAL FOOTBALL PLAYERS' INSTRUST PROF 2124502000 345 PARK AVENUE NEW YORK NY 10154 BRADLEY FIRESTONE VICE PRESIDENT OF TAX 2124502000 2024-07-10 1 BRADLEY FIRESTONE XXX-XX-XXXX 0 2124502279 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z 106191706 0 X N/A X 1968 NY VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION ("VEBA") WELFARE PLAN THAT PROVIDES LIFE INSURANCE, MAJOR MEDICAL & DENTAL COVERAGE TO ACTIVE NFL PLAYERS. IN ADDITION, THE VEBA PROVIDES ELIGIBLE RETIRED PLAYERS WITH LIFE INSURANCE, PRESCRIPTION DRUGS, ASSISTED LIVING, MEDICARE SUPPLEMENTAL INSURANCE, SPINAL TREATMENT, AS WELL AS ASSISTANCE WITH OBTAINING MEDICALLY NECESSARY SURGERY FOR JOINT REPLACEMENTS. 2 2 0 0 0 0 0 0 139553066 106191706 0 0 0 0 139553066 106191706 0 0 80817750 84857927 0 0 0 0 0 24426963 23543560 105244713 108401487 34308353 -2209781 48265255 45317798 4948990 4211314 43316265 41106484 X VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION ("VEBA") WELFARE PLAN THAT PROVIDES LIFE INSURANCE, MAJOR MEDICAL & DENTAL COVERAGE TO ACTIVE NFL PLAYERS. IN ADDITION, THE VEBA PROVIDES ELIGIBLE RETIRED PLAYERS WITH LIFE INSURANCE, PRESCRIPTION DRUGS,ASSISTED LIVING, MEDICARE SUPPLEMENTAL INSURANCE, SPINAL TREATMENT, AS WELL AS ASSISTANCE WITH OBTAINING MEDICALLY NECESSARY SURGERY FOR JOINT REPLACEMENTS. 0 0 108401487 106191706 PAYMENT OF MEDICAL CLAIMS AND INSURANCE PREMIUMS. 108401487 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X VICE PRESENT OF TAX 2124502000 C/O NFL 345 PARK AVENUE NEW YORK NY 10154 X EDWARD MCGUIRE TRUSTEE 0.00 X 0 0 0 MIKI YARAS-DAVIS TRUSTEE 0.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBER CONTRIBUTIONS 85904102 85904102 COBRA CONTRIBUTIONS 20287604 20287604 106191706 106191706 106191706 0 0 84857927 8931420 ADMINISTRATIVE EXPENSE 14612140 108401487 44574626 45180397 3672197 108548 18432 28853 48265255 45317798 4948990 4199592 0 11722 4948990 4211314 X 0 0 0 0 43316265 41106484 43316265 41106484 48265255 45317798 -2209781 0 X 0 1 X 1 0 0 PAYABLE TO NFL NON-VESTED FORMER PLAYER 11634 PAYABLE TO NFL LEAGUE OFFICE 88 11722 X 106191706 0 106191706 0 106191706 108401487 0 108401487 0 108401487 PART X, LINE 2: EFFECTIVE SEPTEMBER 1, 2009, THE PLAN ADOPTED THE AUTHORITATIVE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, AS AMENDED BY IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES. THIS GUIDANCE REQUIRES MANAGEMENT TO DETERMINE WHETHER A TAX POSITION OF THE PLAN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING THE RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE PLAN REVIEWS AND EVALUATES TAX POSITIONS IN ITS MAJOR JURISDICTIONS AND DETERMINES WHETHER OR NOT THERE ARE UNCERTAIN TAX POSITIONS THAT REQUIRE FINANCIAL STATEMENT RECOGNITION AND THE RECORDING OF A TAX LIABILITY. BASED ON THIS REVIEW, THE PLAN HAS DETERMINED THAT THE ADOPTION OF THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES HAD NO IMPACT ON ITS FINANCIAL STATEMENTS. THE TRUST HAD NO UNRECOGNIZED TAX BENEFITS AND, CONSEQUENTLY, HAD NO ACCRUED INTEREST AND PENALTIES THERETO AT THE BEGINNING OR END OF YEARS ENDED AUGUST 31, 2023 AND AUGUST 31, 2022. THE PLAN DOES NOT EXPECT ITS UNRECOGNIZED TAX BENEFITS BALANCE TO CHANGE IN THE NEXT TWELVE MONTHS. THE PLAN IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS PRIOR TO AUGUST 31, 2017. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - ORGANIZATION IS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION ("VEBA"). FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MAJOR BUSINESS TRANSACTIONS AND OTHER DECISIONS ARE GOVERNED BY THE EMPLOYEE AND RETIREMENT INCOME ACT OF 1974 ("ERISA"), THE CONSOLIDATED OMNIBUS BUDGET RECONCILIATION ACT OF 1986 ("COBRA") AND THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NFL MANAGEMENT COUNCIL AND THE NFL PLAYERS ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - 990 REVIEWED AND APPROVED BY THE TRUST'S TRUSTEES AND CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED BY REQUIRING THE TRUSTEE AND ANYONE ELSE PARTICIPATING IN THE TRUST'S AFFAIRS TO COMPLETE ANNUAL CORPORATE COMPLIANCE QUESTIONNAIRE, AS WELL AS THROUGH REGULAR INTERNAL AUDIT PROCESS. THERE IS ALSO CORPORATE COMPLIANCE PERSONNEL TO MONITOR COMPLIANCE AND TO MAKE DETERMINATIONS AND ANSWER QUESTIONS FOR TRANSACTIONS WHERE CONFLICTS COULD ARISE. FORM 990, PART VI, SECTION B, LINE 15 N/A FORM 990, PART VI, SECTION C, LINE 19 N/A