Nonprofit · EIN 13-2974866
SOMERS FACULTY ASSOCIATION TRUST FUND
Tax-exempt · ALBANY, NY 12212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $482,116 | $478,150 | $3,966 | $259,078 | $70,107 | $188,971 |
| June 30, 2024 | 990 | $508,039 | $576,628 | -$68,589 | $301,085 | $116,080 | $185,005 |
| June 30, 2023 | 990 | $469,933 | $603,029 | -$133,096 | $371,121 | $117,527 | $253,594 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $475,907
- Investment income
- $6,209
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $400,227
- Compensation of officers, directors and key employees
- $23,792
- Salaries, compensation and benefits (total)
- $23,792
- Professional fundraising fees
- $0
- Legal fees
- $10,050
- Accounting fees
- $5,900
- Depreciation
- $117
- Program services (functional)
- $419,215
- Management and general (functional)
- $58,935
Balance sheet and other
- Total assets, start of year
- $301,085
- Total assets, end of year
- $259,078
- Total liabilities, end of year
- $70,107
- Net assets, end of year
- $188,971
- Land, buildings and equipment
- $933
- Net assets without donor restrictions
- $188,971
- Gross receipts
- $482,116
- Employees
- 0
- Year formed
- 1979
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alison Genez | President Trustee or director, Officer | 1 | $9,967 |
| Monica Manko-Schmidt | Treasurer Trustee or director, Officer | 1 | $6,162 |
| Catherine Jelinek | Secretary Trustee or director, Officer | 1 | $3,539 |
| Laura Vegliante | Secretary Trustee or director, Officer | 1 | $2,926 |
| Elizabeth Stewart | Trustee Trustee or director | 1 | $599 |
| Joan Cass | Trustee Trustee or director | 1 | $599 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alison Genez | President Trustee or director, Officer | 1 | $9,928 |
| Monica Manko-Schmidt | Treasurer Trustee or director, Officer | 1 | $6,137 |
| Catherine Jelinek | Vice President Trustee or director, Officer | 1 | $3,525 |
| Laura Vegliante | Secretary Trustee or director, Officer | 1 | $2,914 |
| Michele Rabasco | Trustee Trustee or director | 1 | $707 |
| Joan Cass | Trustee Trustee or director | 1 | $707 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alison Genez | President Trustee or director, Officer | 1 | $9,790 |
| Monica Manko-Schmidt | Treasurer Trustee or director, Officer | 1 | $6,052 |
| Catherine Jelinek | Vice President Trustee or director, Officer | 1 | $3,476 |
| Laura Vegliante | Secretary Trustee or director, Officer | 1 | $2,874 |
| Michele Rabasco | Trustee Trustee or director | 1 | $698 |
| Joan Cass | Trustee Trustee or director | 1 | $698 |
Address and contacts
- Address (IRS master file)
- PO BOX 15136, ALBANY, NY 12212-5136
- In care of
- % PREFERRED GROUP PLANS INC
- Principal officer (990 for 2024)
- Alison Genez, 250 Route 202, Somers, NY 10589
- Signed the 990
- Alison Genez, President
- Phone
- (203) 269-7741
- Return prepared by
- Nanavaty Davenport Studley White
Mission
TO PROVIDE DENTAL, VISION, AND FLEX MEDICAL COVERAGE FOR PLAN ENROLLEES AND THEIR IMMEDIATE FAMILY WHERE APPLICABLE.
Program accomplishments
- Flexible medical, dental coverage, and vision care benefits for 279 plan enrollees.Expenses $419,215 · revenue $475,907
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-2974866
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $259,078
- Income (IRS master file)
- $482,116
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $482,116 | $478,150 | $259,078 | XML |
| 990 | June 2024 | $508,039 | $576,628 | $301,085 | XML |
| 990 | June 2023 | $469,933 | $603,029 | $371,121 | XML |
| 990 | June 2022 | $451,580 | $515,077 | $487,639 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 13-2974866).
Questions about SOMERS FACULTY ASSOCIATION TRUST FUND
- What is the EIN of SOMERS FACULTY ASSOCIATION TRUST FUND?
- The employer identification number (EIN) of SOMERS FACULTY ASSOCIATION TRUST FUND is 13-2974866.
- Is SOMERS FACULTY ASSOCIATION TRUST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1979.
- Are donations to SOMERS FACULTY ASSOCIATION TRUST FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOMERS FACULTY ASSOCIATION TRUST 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 SOMERS FACULTY ASSOCIATION TRUST FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOMERS FACULTY ASSOCIATION TRUST FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOMERS FACULTY ASSOCIATION TRUST FUND?
- The 990 for the year ended June 30, 2025 names Alison Genez.
- Who are the officers and directors of SOMERS FACULTY ASSOCIATION TRUST FUND?
- The 990 for the year ended June 30, 2025 lists 6 people; 6 received compensation from the organization, the highest $9,967 (Alison Genez, President).
- How much revenue does SOMERS FACULTY ASSOCIATION TRUST FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $482,116, expenses of $478,150 and total assets of $259,078 at year end.
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