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Nonprofit · EIN 14-1778187

NYST BENEFIT FUND INC

Tax-exempt · ALBANY, NY 12207

Financials

$4.3M$4.3M2022$4.3M$4.3M2023$5.2M$5.2M2024
Revenue Expenses · by fiscal year end
Financials of NYST BENEFIT FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,245,280$5,240,019$5,261$956,497$760,074$196,423
December 31, 2023990 (amended)$4,299,571$4,326,207-$26,636$626,381$435,219$191,162
December 31, 2022990 (amended)$4,295,125$4,326,596-$31,471$1,119,176$901,378$217,798
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,245,280
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,449,247
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$428,816
Legal fees
$126,948
Accounting fees
$105,000

Balance sheet and other

Total assets, start of year
$626,381
Total assets, end of year
$956,497
Total liabilities, end of year
$760,074
Net assets, end of year
$196,423
Net assets without donor restrictions
$196,423
Gross unrelated business income
$585,888
Gross receipts
$5,245,280
Employees
0
Volunteers
0
Year formed
1994
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 orgs
CHARLES W MURPHYPRESIDENT
Trustee or director, Officer
10$0$70,138
MARTIN T MCCLELLANTREASURER
Trustee or director, Officer
10$0$56,775
JASON F SHERIDAN2ND VP
Trustee or director, Officer
5$0$56,511
ANDREW C DAVIS1ST VP
Trustee or director, Officer
5$0$53,258
JONATHAN P BRODYSECRETARY
Trustee or director, Officer
5$0$44,164
PETER M NUNZIATABOARD MEMBER
Trustee or director
5$0$41,401
JOSHUA P KAYEBOARD MEMBER
Trustee or director
5$0$35,737
MICHAEL P CATANZAROBOARD MEMBER
Trustee or director
5$0$34,236
ANDREW LODGEBOARD MEMBER
Trustee or director
5$0$33,698
PAUL R SCOTTBOARD MEMBER
Trustee or director
5$0$33,206
RICHARD CUNNINGHAMBOARD MEMBER
Trustee or director
5$0$33,171
DANIEL J HOLLANDSBOARD MEMBER
Trustee or director
5$0$32,791
THOMAS KUCHARKBOARD MEMBER
Trustee or director
5$0$32,768
JOHN J CONBOYBOARD MEMBER
Trustee or director
5$0$31,756
ANDREW DELMARBOARD MEMBER
Trustee or director
5$0$31,540
9 more people on this return
NameTitleHours / weekCompensationFrom related orgs
STEPHEN K JOHNSTONEBOARD MEMBER
Trustee or director
5$0$25,117
ANTHONY NIGRO IVBOARD MEMBER
Trustee or director
5$0$22,958
JOSHUA TAYLORBOARD MEMBER
Trustee or director
5$0$18,469
ERIC TERRAFERMABOARD MEMBER
Trustee or director
5$0$17,772
ADAM P DOLCEBOARD MEMBER
Trustee or director
5$0$12,500
PAUL J CATRONABOARD MEMBER
Trustee or director
5$0$11,497
JARED DUFFYBOARD MEMBER
Trustee or director
5$0$6,084
JOSHUA PACIONIBOARD MEMBER
Trustee or director
5$0$4,062
DANIEL G CHARLESONBOARD MEMBER
Trustee or director
5$0$1,489
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgs
CHARLES W MURPHYPRESIDENT
Trustee or director, Officer
10$0$69,214
JASON F SHERIDAN2ND VP
Trustee or director, Officer
5$0$58,178
ANDREW C DAVIS1ST VP
Trustee or director, Officer
5$0$53,171
JERED J PORTERBOARD MEMBER- TROOP C
Trustee or director, Officer
5$0$46,500
PETER M NUNZIATABOARD MEMBER- TROOP L
Trustee or director
5$0$41,137
DANIEL G CHARLESONBOARD MEMBER- OFFICERS
Trustee or director
5$0$40,214
ROGER L RIUTTASECRETARY
Trustee or director, Officer
5$0$39,366
JONATHAN P BRODYBOARD MEMBER- TROOP K
Trustee or director, Officer
5$0$39,091
STEPHEN K JOHNSTONEBOARD MEMBER- TROOP F
Trustee or director
5$0$36,349
JOHN J CONBOYBOARD MEMBER- NCO WEST
Trustee or director
5$0$36,211
ERIC TERRAFERMABOARD MEMBER- NCO EAST
Trustee or director
5$0$35,487
MICHAEL P CATANZAROBOARD MEMBER- TROOP A
Trustee or director
5$0$34,339
JOSHUA P KAYEBOARD MEMBER- TROOP NYC
Trustee or director
5$0$34,026
MARTIN T MCCLELLANACTING TREASURER
Trustee or director, Officer
10$0$32,055
DALE I PALMER JRBOARD MEMBER- TROOP G
Trustee or director
5$0$28,455
DOMINICK PEDULLABOARD MEMBER- TROOP D
Trustee or director
5$0$27,480
ANDREW DELMARBOARD MEMBER - TROOP C
Trustee or director
5$0$23,348
ANTHONY NIGRO IVBOARD MEMBER- TROOP T
Trustee or director
5$0$19,057
ADAM P DOLCEACTING BOARD MEMBER - TROOP T
Trustee or director
5$0$16,843
ANDREW LODGEBOARD MEMBER - TROOP D
Trustee or director
5$0$6,849
PAUL R SCOTTBOARD MEMBER - TROOP B
Trustee or director
5$0$5,642
JUSTIN R PRUSAKBOARD MEMBER- TROOP E
Trustee or director
5$0$5,499
THOMAS KURCHARKBOARD MEMBER - TROOP G&H
Trustee or director
5$0$5,383
RICHARD CUNNINGHAMBOARD MEMBER - TROOP E
Trustee or director
5$0$4,462
990 for the year ended December 31, 2022: 21 people
NameTitleHours / weekCompensationFrom related orgs
THOMAS H MUNGEERPRESIDENT- RESIGNED 10/22
Trustee or director, Officer
10$0$70,325
ANDREW C DAVISACTING PRESIDENT (START 11/22)/1ST VP
Trustee or director, Officer
5$0$55,651
CHARLES W MURPHYTREASURER/BOARD MEMBER- TROOP T
Trustee or director, Officer
10$0$54,873
JASON F SHERIDAN2ND VP (START 8/22)/BOARD MEMBER TROOP E
Trustee or director, Officer
5$0$46,383
ROGER L RIUTTASECRETARY/TROOP B BOARD
Trustee or director, Officer
5$0$45,386
DANIEL G CHARLESONBOARD MEMBER- OFFICERS
Trustee or director
5$0$42,172
PETER M NUNZIATABOARD MEMBER- TROOP L
Trustee or director
5$0$40,969
JERED J PORTERBOARD MEMBER- TROOP C
Trustee or director
5$0$38,219
JOHN R CLARK2ND VP
Trustee or director, Officer
5$0$37,764
JONATHAN P BRODYBOARD MEMBER- TROOP K
Trustee or director
5$0$36,845
JOHN J CONBOYBOARD MEMBER- NCO WEST
Trustee or director
5$0$35,916
DALE I PALMER JRBOARD MEMBER- TROOP G
Trustee or director
5$0$35,824
DOMINICK PEDULLABOARD MEMBER- TROOP D
Trustee or director
5$0$35,702
ERIC TERRAFERMABOARD MEMBER- NCO EAST
Trustee or director
5$0$35,532
STEPHEN K JOHNSTONEBOARD MEMBER- TROOP F
Trustee or director
5$0$35,044
JOSHUA P KAYEBOARD MEMBER- TROOP NYC
Trustee or director
5$0$33,081
RYAN E HADSALLBOARD MEMBER- TROOP A (TERM ENDED 8/22)
Trustee or director
5$0$25,982
ANTHONY NIGRO IVBOARD MEMBER- TROOP T (TERM STARTED 5/22)
Trustee or director
5$0$25,111
CHARLES A DI SANTOTREASURER (TERM ENDED 1/22)
Trustee or director, Officer
10$0$13,145
JUSTIN R PRUSAKBOARD MEMBER- TROOP E (ACTING STARTED 8/22)
Trustee or director
5$0$10,818
MICHAEL P CATANZAROBOARD MEMBER- TROOP A (TERM STARTED 9/22)
Trustee or director
5$0$8,137

Address and contacts

Address (IRS master file)
120 STATE STREET, ALBANY, NY 12207-1639
Principal officer (990 for 2024)
MARTIN MCCLELLAN, 120 STATE STREET, ALBANY, NY 12207
Signed the 990
MARTIN MCCLELLAN, TREASURER
Phone
(518) 462-7448
Return prepared by
TEAL BECKER & CHIARAMONTE CPAS PC

Mission

THE FUND PROVIDES CERTAIN MEMBER BENEFITS INCLUDING LIFE INSURANCE AND DISABILITY INSURANCE TO THE NEW YORK STATE TROOPER MEMBERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FUND PROVIDES CERTAIN MEMBER BENEFITS INCLUDING LIFE INSURANCE AND DISABILITY INSURANCE TO THE NEW YORK STATE TROOPER MEMBERSHIP.
  • TO PUBLISH THE "PBA TROOPER" MAGAZINE TO PROVIDE PERTINENT INFORMATION TO ITS MEMBERS AND TO PROMOTE AND ENCOURAGE THE PROFESSIONALISM OF STATE-WIDE LAW ENFORCEMENT OFFICERS IN THE STATE OF NEW YORK, ESPECIALLY MEMBERS OF THE NEW YORK STATE POLICE.

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
14-1778187
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$956,497
Income (IRS master file)
$5,245,280

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,245,280$5,240,019$956,497XML
990December 2023$4,299,571$4,326,207$626,381XML
990December 2022$4,295,125$4,326,596$1,119,176XML
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 14-1778187).

Questions about NYST BENEFIT FUND INC

What is the EIN of NYST BENEFIT FUND INC?
The employer identification number (EIN) of NYST BENEFIT FUND INC is 14-1778187.
Is NYST BENEFIT FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2008.
Are donations to NYST BENEFIT FUND INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NYST BENEFIT 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 NYST BENEFIT FUND INC 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 NYST BENEFIT FUND INC 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 NYST BENEFIT FUND INC?
The 990 for the year ended December 31, 2024 names MARTIN MCCLELLAN.
Who are the officers and directors of NYST BENEFIT FUND INC?
The 990 for the year ended December 31, 2024 lists 24 people; 0 received compensation from the organization.
How much revenue does NYST BENEFIT FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,245,280, expenses of $5,240,019 and total assets of $956,497 at year end.

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