Nonprofit · EIN 46-4309365
HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST
Tax-exempt · MENANDS, NY 12204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $12,117,464 | $3,409,761 | $8,707,703 | $140,025,758 | $12,009 | $140,013,749 |
| March 31, 2025 | 990 | $23,312,393 | $3,275,369 | $20,037,024 | $125,179,359 | $11,973 | $125,167,386 |
| March 31, 2024 | 990 | $4,724,092 | $2,912,970 | $1,811,122 | $120,325,911 | $0 | $120,325,911 |
| March 31, 2023 | 990 | $7,551,751 | $2,981,639 | $4,570,112 | $105,246,544 | $0 | $105,246,544 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,540,701
- Investment income
- $9,576,763
- Net gain from sales of assets
- $193,241
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $3,343,661
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $125,179,359
- Total assets, end of year
- $140,025,758
- Total liabilities, end of year
- $12,009
- Net assets, end of year
- $140,013,749
- Publicly traded securities
- $132,025,501
- Gross receipts
- $35,624,529
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH WOOD | EXECUTIVE DIRECTOR Officer | 1 | $0 | $190,252 | $72,193 |
| TERESA MAKAROWSKY | CORPORATE CONTROLLER Officer | 1 | $0 | $161,051 | $70,188 |
| MICHAEL NAZARKO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $10,500 | $0 |
| JAMES V MCDONALD | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDREW RUBY | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| TIM REYNOLDS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JUSTIN P RUNKE ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY APPLEGATE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY BETH HEFNER | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| RUSSEL KUON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended March 31, 2025: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH WOOD | EXECUTIVE DIRECTOR (START 8/2024) Officer | 1 | $0 | $172,453 | $63,388 |
| TERESA MAKAROWSKY | CORPORATE CONTROLLER Officer | 1 | $0 | $161,894 | $56,907 |
| CHERYL MATTOX | EXECUTIVE DIRECTOR (THRU 9/2024) Officer | 1 | $0 | $161,522 | $50,474 |
| MICHAEL NAZARKO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $3,780 | $0 |
| JAMES V MCDONALD | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDREW RUBY | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CANDACE JOHNSON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| TIM REYNOLDS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JUSTIN P RUNKE ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY APPLEGATE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MICHAEL B SEXTON ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY BETH HEFNER | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended March 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHERYL MATTOX | EXECUTIVE DIRECTOR OF PLAN Trustee or director, Officer | 1 | $0 | $176,741 | $56,162 |
| TERESA MAKAROWSKY | CORPORATE CONTROLLER OF PL Officer | 1 | $0 | $154,296 | $53,801 |
| MICHAEL NAZARKO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAMES V MCDONALD | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDREW RUBY | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CANDACE JOHNSON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| TIM REYNOLDS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JUSTIN P RUNKE ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY APPLEGATE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MICHAEL B SEXTON ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended March 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHERYL MATTOX | EXECUTIVE DIRECTOR OF PLAN Trustee or director, Officer | 1 | $0 | $172,407 | $66,161 |
| TERESA MAKAROWSKY | CORPORATE CONTROLLER OF PL Officer | 1 | $0 | $143,418 | $60,457 |
| MICHAEL NAZARKO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $2,850 | $0 |
| MARY T BASSETT MD | PRESIDENT (THROUGH 1/2023) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAMES V MCDONALD | PRESIDENT (EFFECTIVE 1/2023) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDREW RUBY | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CANDACE JOHNSON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| TIM REYNOLDS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JUSTIN P RUNKE ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY APPLEGATE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MICHAEL B SEXTON ESQ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 150 BROADWAY RIVERVIEW CENTER 280, MENANDS, NY 12204-0000
- In care of
- % CHERYL A MATTOX
- Principal officer (990 for 2025)
- ELIZABETH WOOD, 150 BROADWAY RIVERVIEW CENTER 280, MENANDS, NY 12204
- Signed the 990
- ELIZABETH WOOD, EXECUTIVE DIRECTOR OF PLAN
- Phone
- (518) 431-1200
- Website
- WWW.HEALTHRESEARCH.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
THE PLAN IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA) PLAN ESTABLISHED TO REIMBURSE RETIREE MEDICAL EXPENSES TO ELIGIBLE EMPLOYEES OF HEALTH RESEARCH, INC.
Program accomplishments
- THE PLAN PROVIDES REIMBURSEMENT OF QUALIFYING POST-RETIREMENT HEALTH (MEDICAL, HOSPITALIZATION, AND PRESCRIPTION DRUG) EXPENSES TO CERTAIN RETIRED EMPLOYEES OF HEALTH RESEARCH, INC. (PARTICIPANTS) WHO HAVE COMPLETED A REQUIRED NUMBER OF YEARS OF SERVICE (AS SET FORTH IN THE PLAN DOCUMENT) UPON RETIREMENT AND ARE ELIGIBLE TO RECEIVE A PENSION UNDER THE NEW YORK STATE EMPLOYEE RETIREMENT SYSTEM (NYS ERS) OR ARE PARTICIPATING IN THE VOLUNTARY DEFINED CONTRIBUTION PLAN AND ARE AT LEAST AGE 55.
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4309365
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $140,025,758
- Income (IRS master file)
- $35,624,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $12,117,464 | $3,409,761 | $140,025,758 | XML |
| 990 | March 2025 | $23,312,393 | $3,275,369 | $125,179,359 | XML |
| 990 | March 2024 | $4,724,092 | $2,912,970 | $120,325,911 | XML |
| 990 | March 2023 | $7,551,751 | $2,981,639 | $105,246,544 | XML |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 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 46-4309365).
Questions about HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST
- What is the EIN of HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST?
- The employer identification number (EIN) of HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST is 46-4309365.
- Is HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2015.
- Are donations to HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST 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 HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST?
- The 990 for the year ended March 31, 2026 names ELIZABETH WOOD.
- Who are the officers and directors of HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST?
- The 990 for the year ended March 31, 2026 lists 10 people; 0 received compensation from the organization.
- How much revenue does HEALTH RESEARCH INC POSTRETIREMENT HEALTH BENEFITS TRUST have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $12,117,464, expenses of $3,409,761 and total assets of $140,025,758 at year end.
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