2026-01-22T13:46:13-05:00 2025-06-30 Nanavaty Davenport Studley White 123 South Main St Suite 140 Newtown CT 06470 990 2024-07-01 132974866 Somers Faculty Association Trust Fund % PREFERRED GROUP PLANS INC SOME 2032697741 PO Box 15136 Albany NY 12212 Alison Genez President 2032697741 2026-01-13 true true Azian A Kearney P02426278 2034268500 2026-01-13 2024 2025-03-06 01:10:19Z Alison Genez 250 Route 202 Somers NY 10589 482116 false X N/A X 1979 NY See Schedule O 6 6 0 0 0 0 500129 475907 7910 6209 0 0 508039 482116 0 0 474967 400227 23918 23792 0 0 0 77743 54131 576628 478150 -68589 3966 301085 259078 116080 70107 185005 188971 X TO PROVIDE DENTAL, VISION, AND FLEX MEDICAL COVERAGE FOR PLAN ENROLLEES AND THEIR IMMEDIATE FAMILY WHERE APPLICABLE. false false 419215 475907 Flexible medical, dental coverage, and vision care benefits for 279 plan enrollees. 419215 false false false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 0 false false false false false false X 6 6 false true false false false false false true true false false true false false true false false false X PREFERRED GROUP PLANS INC 9292236587 PO BOX 15136 Albany NY 12212 Alison Genez President 1.0 0.0 X X 9967 0 0 Monica Manko-Schmidt Treasurer 1.0 0.0 X X 6162 0 0 Catherine Jelinek Secretary 1.0 0.0 X X 3539 0 0 Laura Vegliante Secretary 1.0 0.0 X X 2926 0 0 Elizabeth Stewart Trustee 1.0 0.0 X 599 0 0 Joan Cass Trustee 1.0 0.0 X 599 0 0 23792 0 0 0 false false false 0 0 CONTRIBUTIONS - BOARD OF EDUCATION 460447 460447 CONTRIBUTIONS - MEMBERS 15460 15460 475907 6209 6209 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 482116 475907 6209 0 0 0 400227 400227 23792 23792 0 0 0 0 0 0 10050 10050 5900 5900 0 0 0 0 0 2567 2567 0 0 0 0 0 0 0 0 117 117 11664 11664 ADMINISTRATIVE EXPENSES 18988 18988 FINANCIAL COUNSELING 4185 4185 FIDUCIARY BOND 600 600 BANK CHARGES 60 60 478150 419215 58935 220247 258145 79788 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1166 233 1050 933 0 0 0 0 0 0 0 0 0 0 301085 259078 116080 70107 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 116080 70107 X 185005 188971 0 0 185005 188971 301085 259078 3966 X true X false true false 1166 233 933 933 0 0 X Part X, FIN 48 Footnote The Association recognizes the benefits of income tax positions only if those positions are more likely than not of being sustained. The Association is subject to routine audits by the Internal Revenue Service. here are currently no audits for any tax periods in progress and the Association believes that it is no longer subject to audits for years prior to 2021. Form 990 - Organization's Mission or Most Significant Activities To provide dental, vision, and flex medical coverage for plan enrollees and their immediate family where applicable. Also, to provide group life and accidental death & dismemberment insurance coverage. Form 990, Part VI, Line 3 - Management Delegated The payment of benefits and the books of account are maintained by A third-party plan administrator. Management of the fund or plan activities is controlled by the Trustees with assistance from the plan administrator. Form 990, Part VI, Line 11B - Organization's Process to Review Form 990 Upon completion of the federal tax return, Form 990, a copy of such is forwarded to both the plan treasurer and the plan administrator prior to filing. In the event changes are required the accounting office is notified and the obligatory adjustments are made. In the event there are no changes to be made, then the plan treasurer signs form 8879-TE and returns it to the accountants, constituting their approval for content and electronic filing with the IRS. Form 990, Part VI, Line 19 - Governing Documents Disclosure Explanation There are a variety of methods of making governing documents, the conflict of interest policy, and financial statements available to those who inquire. The individual can request copies to be forwarded to them over the internet, fax or they can come into the administrators facilities and review the documents there. Telephone is another method used along with photocopies of the requested documents, which can be made and mailed accordingly. In all cases, however, no information is given out that will jeopardize one's confidentiality or go askew of the HIPPA laws.