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Nonprofit · EIN 23-7357996

PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND

Tax-exempt · ALBANY, NY 12205

Financials

$66$4K2022$103$3K2023$1K$3K2024
Revenue Expenses · by fiscal year end
Financials of PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$1,202$3,348-$2,146$65,026$3,270$61,756
March 31, 2024990$103$3,363-$3,260$66,172$2,270$63,902
March 31, 2023990$66$3,553-$3,487$72,809$5,647$67,162
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,202
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,000

Balance sheet and other

Total assets, start of year
$66,172
Total assets, end of year
$65,026
Total liabilities, end of year
$3,270
Net assets, end of year
$61,756
Gross receipts
$1,202
Employees
0
Volunteers
0
Year formed
1980
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
WAYNE SPENCETRUSTEE
Trustee or director
1$0$119,878$22,321
JOSEPH DONAHUETRUSTEE
Trustee or director
1$0$66,425$11,646
DARLENE WILLIAMSTRUSTEE - PAST
Trustee or director
1$0$60,193$9,725
RANDI DIANTONIOTRUSTEE
Trustee or director
1$0$41,621$6,869
990 for the year ended March 31, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WAYNE SPENCETRUSTEE
Trustee or director
1$0$113,250$21,020
JOSEPH DONAHUETRUSTEE
Trustee or director
1$0$58,199$10,108
DARLENE WILLIAMSTRUSTEE
Trustee or director
1$0$45,884$8,421
990 for the year ended March 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WAYNE SPENCETRUSTEE
Trustee or director
1$0$107,210$19,857
JOSEPH DONAHUETRUSTEE
Trustee or director
1$0$50,432$9,101
DARLENE WILLIAMSTRUSTEE
Trustee or director
1$0$47,009$7,561

Address and contacts

Address (IRS master file)
10 AIRLINE DR STE 101, ALBANY, NY 12205-1025
Principal officer (990 for 2024)
WAYNE SPENCE, 10 AIRLINE DRIVE 101, ALBANY, NY 12205
Signed the 990
WAYNE SPENCE, TRUSTEE
Phone
(518) 785-1900
Return prepared by
PETER DECARLO CPA PLLC

Mission

THE FUND'S MISSION IS TO PROVIDE CERTAIN HEALTH BENEFITS TO MEMBERS OF THE NEW YORK STATE PUBLIC EMPLOYEES FEDERATION, AFL-CIO.

990 for the year ended March 31, 2025

Program accomplishments

  • FROM ITS INCEPTION TO 1993, THE FUND PROVIDED DENTAL, OPTICAL, AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR COVERED DEPENDENTS. IN 1993, AS A RESULT OF A COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NEW YORK STATE PUBLIC EMPLOYEES FEDERATION, AFL-CIO (PEF) AND THE STATE OF NEW YORK, CONTRIBUTIONS TO THE FUND CEASED, BENEFITS PAID FROM THE FUND WERE TERMINATED, AND THE FUND INTENDED TO LIQUIDATE ITS ASSETS AND LIABILITIES. DURING 2017 THE BOARD OF TRUSTEES DECIDED TO REACTIVATE THE FUND, AND FROM FEBRUARY 2018 THROUGH MARCH 2021 THE FUND PROVIDED ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO APPROXIMATELY 55,000 MEMBERS OF PEF.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
23-7357996
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1974
Accounting year ends
March
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$65,026
Income (IRS master file)
$1,202

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$1,202$3,348$65,026XML
990March 2024$103$3,363$66,172XML
990March 2023$66$3,553$72,809XML
990March 2022$95$40,085$75,058IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 23-7357996).

Questions about PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND

What is the EIN of PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND?
The employer identification number (EIN) of PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND is 23-7357996.
Is PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1974.
Are donations to PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND?
The 990 for the year ended March 31, 2025 names WAYNE SPENCE.
Who are the officers and directors of PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND?
The 990 for the year ended March 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does PUBLIC EMPLOYEES FEDERATION PUBLIC EMPLOYEES BENEFITS FUND have?
On its 990 for the year ended March 31, 2025 it reported revenue of $1,202, expenses of $3,348 and total assets of $65,026 at year end.

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