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Nonprofit · EIN 13-2623987

LICENSED PRACTICAL NURSES WELFARE FUND

Tax-exempt · NEW YORK, NY 10108

Financials

$810K$1.3M2023$1M$956K2024
Revenue Expenses · by fiscal year end
Financials of LICENSED PRACTICAL NURSES WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,018,768$956,425$62,343$5,779,338$33,892$5,745,446
December 31, 2023990$809,549$1,299,039-$489,490$5,831,552$37,378$5,794,174
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$596,846
Investment income
$187,135
Other revenue
$234,787

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$860,497
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$15,000
Accounting fees
$17,625

Balance sheet and other

Total assets, start of year
$5,831,552
Total assets, end of year
$5,779,338
Total liabilities, end of year
$33,892
Net assets, end of year
$5,745,446
Publicly traded securities
$4,152,409
Gross receipts
$1,018,768
Employees
9
Volunteers
3
Year formed
1968
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LORRAINE MONCHAKCHIEF INVESTMENTS OFFICER
Officer
1$0$1,557,795$779,824
DONNA REYEXECUTIVE OFFICER
Officer
1$0$954,313$481,818
BRANDY SHILOHCHIEF ADMINISTRATIVE OFFIC
Highest-paid employee
1$0$795,442$408,256
STACEY MILLMANCHIEF COMMUNICATIONS OFFIC
Highest-paid employee
1$0$624,057$315,506
VAN DUNNCHIEF MEDICAL OFFICER
Officer
1$0$579,782$318,443
ANGELA SCOTTCHIEF OF BENEFIT OPERATION
Highest-paid employee
1$0$545,348$282,236
MERCEDES MAMBRUCHIEF FINANCIAL OFFICER
Officer
1$0$509,851$271,960
SUZANNE A METZGERCHIEF GENERAL COUNSEL
Highest-paid employee
1$0$445,011$251,980
FERDAG DILAY ALTINERPORTFOLIO MANAGER
Highest-paid employee
1$0$415,564$202,321
VICKY REIDTRUSTEE
Trustee or director
1$0$0$0
DAN RATNERUNION TRUSTEE
Trustee or director
1$0$0$0
STACYLEA GRAYUNION TRUSTEE
Trustee or director
1$0$0$0
JOYCE NEILUNION TRUSTEE - FORMER
Trustee or director
1$0$0$0
KIM CAMERONTRUSTEE - FORMER
Trustee or director
1$0$0$0
JOSEPH CHINEAUNION TRUSTEE
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
FABIOLA BUDDAN-MAISTRUSTEE
Trustee or director
1$0
LORRAINE HENRY-DEMPSEYTRUSTEE
Trustee or director
1$0
SAUNDRA SMITHTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LORRAINE MONCHAKCHIEF INVESTMENTS OFFICER
Officer
1$0$961,383$571,862
DONNA REYEXECUTIVE OFFICER
Officer
1$0$672,470$380,972
BRANDY SHILOHCHIEF ADMINISTRATIVE OFFIC
Highest-paid employee
1$0$634,597$354,847
VAN DUNNCHIEF MEDICAL OFFICER
Officer
1$0$488,582$281,465
STACEY MILLMANCHIEF COMMUNICATIONS OFFIC
Highest-paid employee
1$0$447,227$247,665
ANGELA SCOTTCHIEF OF BENEFIT OPERATION
Highest-paid employee
1$0$392,638$223,624
MERCEDES MAMBRUCHIEF FINANCIAL OFFICER
Officer
1$0$315,524$200,469
SUZANNE A METZGERCHIEF GENERAL COUNSEL
Highest-paid employee
1$0$312,979$195,172
MARIA CASTANEDAUNION TRUSTEE - FORMER
Trustee or director
1$0$380,564$121,620
CHARLES OTTOMANELLICHIEF INFORMATION OFFICER
Highest-paid employee
1$0$295,200$152,369
JOYCE NEILUNION TRUSTEE
Trustee or director
1$0$147,253$71,752
STACYLEA GRAYUNION TRUSTEE
Trustee or director
1$0$120,822$58,892
FABIOLA BUDDAN-MAISTRUSTEE
Trustee or director
1$0$0$0
KIM CAMERONTRUSTEE
Trustee or director
1$0$0$0
SAUNDRA SMITHTRUSTEE
Trustee or director
1$0$0$0
NAOMI STOWETRUSTEE - FORMER
Trustee or director
1$0$0$0
DAN RATNERUNION TRUSTEE
Trustee or director
1$0$0$0
VICKY REIDTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 842, NEW YORK, NY 10108-0842
Principal officer (990 for 2024)
LORRAINE HENRY-DEMPSEY, 498 SEVENTH AVENUE 5TH FLOOR, NEW YORK, NY 10018
Signed the 990
LORRAINE HENRY-DEMPSEY, TRUSTEE
Phone
(646) 473-6656
Return prepared by
WEAVER AND TIDWELL LLP

Mission

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED HEALTH AND OTHER BENEFITS TO APPROX. 400 ELIGIBLE PARTICIPANTS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-2623987
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,779,338
Income (IRS master file)
$1,018,768

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,018,768$956,425$5,779,338XML
990December 2023$809,549$1,299,039$5,831,552XML
990December 2022$978,561$1,068,670$6,221,469IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2623987).

Questions about LICENSED PRACTICAL NURSES WELFARE FUND

What is the EIN of LICENSED PRACTICAL NURSES WELFARE FUND?
The employer identification number (EIN) of LICENSED PRACTICAL NURSES WELFARE FUND is 13-2623987.
Is LICENSED PRACTICAL NURSES WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1971.
Are donations to LICENSED PRACTICAL NURSES WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LICENSED PRACTICAL NURSES WELFARE FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LICENSED PRACTICAL NURSES WELFARE FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LICENSED PRACTICAL NURSES WELFARE FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LICENSED PRACTICAL NURSES WELFARE FUND?
The 990 for the year ended December 31, 2024 names LORRAINE HENRY-DEMPSEY.
Who are the officers and directors of LICENSED PRACTICAL NURSES WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does LICENSED PRACTICAL NURSES WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,018,768, expenses of $956,425 and total assets of $5,779,338 at year end.

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