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Nonprofit · EIN 26-3373401

NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND

Tax-exempt · NEW YORK, NY 10005

Financials

$1.5M$1.6M2023$2.5M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,464,036$2,090,593$373,443$1,762,530$379,062$1,383,468
December 31, 2023990$1,474,772$1,626,335-$151,563$1,939,701$929,676$1,010,025
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,407,564
Investment income
$56,472
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$48,000
Accounting fees
$24,500

Balance sheet and other

Total assets, start of year
$1,939,701
Total assets, end of year
$1,762,530
Total liabilities, end of year
$379,062
Net assets, end of year
$1,383,468
Net assets without donor restrictions
-$206,532
Net assets with donor restrictions
$1,590,000
Gross receipts
$2,464,036
Employees
0
Volunteers
0
Year formed
2008
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 / weekCompensation
AVIK KABESSACHAIRMAN
Trustee or director, Officer
4$0
ALAN PLAFKERTREASURER
Trustee or director, Officer
4$0
JANET GLOVERBOARD MEMBER
Trustee or director
4$0
VICTORIA OLIVERIBOARD MEMBER
Trustee or director
4$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
AVIK KABESSACHAIRMAN
Trustee or director, Officer
4$400
ALAN PLAFKERTREASURER
Trustee or director, Officer
4$400
ARACELY MEDRANDA-KUSZELBOARD MEMBER
Trustee or director
4$400

Address and contacts

Address (IRS master file)
CO SHANKER LAW 48 WALL ST 11 FL, NEW YORK, NY 10005-0000
In care of
% SHANKER LAW
Principal officer (990 for 2024)
AVIK KABESSA, SAME AS C ABOVE, NEW YORK, NY 10038
Signed the 990
AVIK KABESSA, CHAIRMAN
Phone
(212) 461-2244
Return prepared by
HOBERMAN & LESSER LLP

Mission

TO MANAGE THE AFFFAIRS OF THE NOT-FOR-PROFIT CORPORATION BY ASSESSING AND COLLECTING MONIES FROM MEMBER ORGANIZATIONS FOR THE PURPOSE OF OBTAINING A POLICY OF INSURANCE TO BE USED TO PROVIDE WORKERS' COMPENSATION BENEFITS TO LIVERY & BLACK CAR DRIVERS WHO QUALIFY FOR BENFITS UNDER ARTICLE 6-G OF THE EXECUTIVE LAW OF THE STATE OF NEW YORK.

990 for the year ended December 31, 2024

Program accomplishments

  • 1. SUCCESSFULLY CONTINUED TO OPERATE UNDER THE PLAN OF OPERATION FOR WHICH THE BOARD OF DIRECTORS EXERCISED ITS STATUTORY POWERS IN ACCORDANCE WITH THE PROVISIONS OF ARTICLE 6-G OF TEH EXECUTIVE LAW OF THE STATE OF NEW YORK;2. SUCCESSFULLY MAINTAINED AN ESTABLISHED FORMULA FOR ASSESSING MEMBER ORGANIZATIONS IN ACCORDANCE WITH ARTICLE 6-G, SECTION 160-CCC;3. SUCCESSFULLY CONTINUED TO COLLECT MONIES FROM MEMBER ORGANIZATIONS AND USED SUCH FUNDS, IN ACCORDANCE WITH SECTION 160-DDD, BY RENEWING A POLICY OF INSURANCE WHICH IS TO PROVIDE WORKERS' COMPENSATION BENEFITS TO LIVERY DRIVERS WHO QUALIFY FOR SUCH UNDER THE TERMS OF THE LAW;4. SUCCESSFULLY CONTINUED TO OPERATE IN ACCORDANCE WITH SECTION 160-GGG, BY ENSURING THE FAIR, REASONABLE AND EQUITABLE ADMINISTRATION OF THE FUNDS OF THE NOT-FOR-PROFIT CORPORATION;5. SUCCESSFULLY INITIATED AN OUTREACH PROGRAM TO BETTER EDUCATE MEMBER ORGANIZATIONS ON THE REASON FOR COMPLIANCE WITH THE LAW;6. SUCCESSFULLY CONTRIBUTED TO THE MAINTENANCE OF HIGH LEVELS OF COMPLIANCE OF MEMBER ORGANIZATIONS;7. SUCCESSFULLY ENABLED THE NEW YORK STATE UNINSURED EMPLOYERS FUND TO SIGNIFICANTLY DECREASE THE MONIES IT PAID TO PREVIOUSLY UNINSURED CLAIMANTS;8. SUCCESSFULLY CONTINUED TO ENABLE LIVERY DRIVERS TO OPBTAIN BENEFITS THEY ARE ENTITLED TO IN A QUICKER AND MORE EFFICIENT MANNER.

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
26-3373401
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,762,530
Income (IRS master file)
$2,464,036

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,464,036$2,090,593$1,762,530IRS
990December 2023$1,474,772$1,626,335$1,939,701XML
990December 2022$1,588,272$1,687,067$2,177,238IRS
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 26-3373401).

Questions about NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND

What is the EIN of NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND?
The employer identification number (EIN) of NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND is 26-3373401.
Is NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2015.
Are donations to NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT 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 NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT 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 NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT 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 NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND?
The 990 for the year ended December 31, 2024 names AVIK KABESSA.
Who are the officers and directors of NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does NEW YORK INDEPENDENT LIVERY DRIVER BENEFIT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,464,036, expenses of $2,090,593 and total assets of $1,762,530 at year end.

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