Nonprofit · EIN 13-3307719
NBA PLAYERS LEGACY FUND INC
Tax-exempt · NEW YORK, NY 10022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $1,570,030 | $1,681,988 | -$111,958 | $1,111,490 | $334,551 | $776,939 |
| May 31, 2024 | 990 | $1,084,650 | $1,434,770 | -$350,120 | $1,175,340 | $301,443 | $873,897 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,500,000
- Program service revenue
- $0
- Investment income
- $70,030
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,364,846
- Compensation of officers, directors and key employees
- $141,246
- Other salaries and wages
- $93,774
- Salaries, compensation and benefits (total)
- $253,028
- Professional fundraising fees
- $0
- Accounting fees
- $36,002
- Travel
- $3,006
- Program services (functional)
- $1,631,872
- Management and general (functional)
- $50,116
Balance sheet and other
- Total assets, start of year
- $1,175,340
- Total assets, end of year
- $1,111,490
- Total liabilities, end of year
- $334,551
- Net assets, end of year
- $776,939
- Net assets without donor restrictions
- $776,939
- Gross receipts
- $1,570,030
- Employees
- 4
- Volunteers
- 8
- Year formed
- 1985
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE CORRY | EXECUTIVE DIRECTOR Officer | 30 | $128,119 |
| JAMILA WIDEMAN | VP/BOARD MEMBER (END 02/2025) Trustee or director, Officer | 1 | $0 |
| PURVIS SHORT | PRESIDENT/BOARD MEMBER (END 11/2024) Trustee or director, Officer | 1 | $0 |
| ARTIE BAYES | BOARD MEMBER Trustee or director | 1 | $0 |
| ERJAAM HAYES | BOARD MEMBER (BEGIN 02/2025) Trustee or director | 1 | $0 |
| LEAH WILCOX | BOARD MEMBER Trustee or director | 1 | $0 |
| RON KLEMPNER | BOARD MEMBER (BEG 11/2024) Trustee or director | 1 | $0 |
| NEAL STERN | SECRETARY Officer | 1 | $0 |
| NEIL AARON | TREASURER Officer | 1 | $0 |
990 for the year ended May 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE CORRY | EXECUTIVE DIRECTOR Officer | 30 | $112,203 |
| JAMILA WIDEMAN | VP/BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| PURVIS SHORT | PRESIDENT/BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| ARTIE BAYES | BOARD MEMBER (BEGIN 05/2024) Trustee or director | 1 | $0 |
| LEAH WILCOX | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIO WEST | BOARD MEMBER (END 02/2024) Trustee or director | 1 | $0 |
| NEAL STERN | SECRETARY Officer | 1 | $0 |
| NEIL AARON | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 645 5TH AVENUE, NEW YORK, NY 10022-5910
- In care of
- % NBA
- Principal officer (990 for 2024)
- ANNE CORRY, 645 FIFTH AVENUE, NEW YORK, NY 10022
- Signed the 990
- ANNE CORRY, EXECUTIVE DIRECTOR
- Phone
- (201) 974-6771
- Return prepared by
- ERNST & YOUNG US LLP
Mission
NBA PLAYERS LEGACY FUND INC. WAS CHARTERED TO PROVIDE ASSISTANCE, ON THE BASIS OF NEED, TO INDIVIDUALS ASSOCIATED WITH PROFESSIONAL BASKETBALL.
Program accomplishments
- PROVIDE ASSISTANCE, ON THE BASIS OF NEED, TO INDIVIDUALS ASSOCIATED WITH PROFESSIONAL BASKETBALL.Expenses $1,631,872 · grants $1,364,846
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3307719
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N120)
- Assets (IRS master file)
- $1,111,490
- Income (IRS master file)
- $1,570,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $1,570,030 | $1,681,988 | $1,111,490 | XML |
| 990 | May 2024 | $1,084,650 | $1,434,770 | $1,175,340 | XML |
| 990 | May 2023 | $1,029,601 | $1,208,503 | $1,361,991 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 13-3307719).
Questions about NBA PLAYERS LEGACY FUND INC
- What is the EIN of NBA PLAYERS LEGACY FUND INC?
- The employer identification number (EIN) of NBA PLAYERS LEGACY FUND INC is 13-3307719.
- Is NBA PLAYERS LEGACY FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to NBA PLAYERS LEGACY FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NBA PLAYERS LEGACY FUND INC 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 NBA PLAYERS LEGACY FUND INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NBA PLAYERS LEGACY FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of NBA PLAYERS LEGACY FUND INC?
- The 990 for the year ended May 31, 2025 names ANNE CORRY.
- Who are the officers and directors of NBA PLAYERS LEGACY FUND INC?
- The 990 for the year ended May 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $128,119 (ANNE CORRY, EXECUTIVE DIRECTOR).
- How much revenue does NBA PLAYERS LEGACY FUND INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $1,570,030, expenses of $1,681,988 and total assets of $1,111,490 at year end.
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