Nonprofit · EIN 51-0237976
RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION
Tax-exempt · NEW YORK, NY 10004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $72,320,539 | $48,163,312 | $24,157,227 | $269,687,749 | $2,746,014 | $266,941,735 |
| June 30, 2024 | 990 | $65,940,220 | $43,816,722 | $22,123,498 | $242,237,760 | $2,767,007 | $239,470,753 |
| June 30, 2023 | 990 | $84,973,812 | $46,849,183 | $38,124,629 | $216,613,731 | $2,131,536 | $214,482,195 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $63,002,150
- Investment income
- $9,318,389
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $44,490,754
- Compensation of officers, directors and key employees
- $154,765
- Other salaries and wages
- $1,147,206
- Salaries, compensation and benefits (total)
- $2,099,644
- Professional fundraising fees
- $0
- Accounting fees
- $63,557
- Occupancy
- $349,997
Balance sheet and other
- Total assets, start of year
- $242,237,760
- Total assets, end of year
- $269,687,749
- Total liabilities, end of year
- $2,746,014
- Net assets, end of year
- $266,941,735
- Publicly traded securities
- $209,511,889
- Gross receipts
- $72,320,539
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1977
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID NICHOLSON | FUNDS ADMINISTRATOR Officer | 13.5 | $125,527 | $303,147 | $70,892 |
| KEITH OWEN | ASST. FUNDS ADMIN. Highest-paid employee | 22 | $88,445 | $92,056 | $74,235 |
| MONITA WONG | CONTROLLER Highest-paid employee | 12.1 | $44,008 | $118,984 | $72,569 |
| GREGORY ARISTILDE | IT DIRECTOR Highest-paid employee | 13 | $41,679 | $118,875 | $37,230 |
| VICKI TRICKETT | SQL DBA & DEVELOPER Highest-paid employee | 13 | $40,471 | $115,427 | $36,710 |
| NIVEEN MANSOUR | SENIOR ACCOUNTANT Highest-paid employee | 8.8 | $31,923 | $113,183 | $35,487 |
| PATRICK G HENDRY | TRUSTEE Trustee or director | 7 | $0 | $136,017 | $0 |
| DANIEL J TIRELLI | TRUSTEE Trustee or director | 5.5 | $0 | $117,757 | $0 |
| ALBERT ACIERNO | TRUSTEE Trustee or director | 5.5 | $0 | $105,584 | $0 |
| ARTHUR EGNER | TRUSTEE Trustee or director | 5.5 | $0 | $105,584 | $0 |
| BETTY CARRADERO TORRES | TRUSTEE Trustee or director | 5.5 | $0 | $105,584 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID NICHOLSON | FUNDS ADMINISTRATOR Officer | 13.5 | $120,709 | $291,906 | $74,620 |
| KEITH OWEN | ASST. FUNDS ADMIN. Highest-paid employee | 22 | $84,628 | $88,083 | $67,026 |
| MONITA WONG | CONTROLLER Highest-paid employee | 12.1 | $42,020 | $113,609 | $65,512 |
| GREGORY ARISTILDE | IT DIRECTOR Highest-paid employee | 13.5 | $41,699 | $112,745 | $32,339 |
| VICKI TRICKETT | SQL DBA & DEVELOPER Highest-paid employee | 13.5 | $40,501 | $109,501 | $31,878 |
| NIVEEN MANSOUR | SENIOR ACCOUNTANT Highest-paid employee | 8.6 | $30,031 | $109,518 | $30,818 |
| PATRICK G HENDRY | TRUSTEE Trustee or director | 7 | $0 | $151,729 | $0 |
| DANIEL J TIRELLI | TRUSTEE Trustee or director | 5.5 | $0 | $143,832 | $0 |
| ALBERT ACIERNO | TRUSTEE FROM 7/1/23 Trustee or director | 5.5 | $0 | $115,587 | $0 |
| ARTHUR EGNER | TRUSTEE FROM 7/1/23 Trustee or director | 5.5 | $0 | $114,035 | $0 |
| PATRICK J LYNCH | TRUSTEE 1/1-6/30/23 Trustee or director | 5 | $0 | $112,319 | $0 |
| BETTY CARRADERO TORRES | TRUSTEE FROM 7/1/23 Trustee or director | 5.5 | $0 | $111,497 | $0 |
| JOHN P PUGLISSI | TRUSTEE 1/1-6/30/23 Trustee or director | 5 | $0 | $96,430 | $0 |
| JOSEPH A ALEJANDRO | TRUSTEE 1/1-6/30/23 Trustee or director | 5 | $0 | $85,840 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID NICHOLSON | FUNDS ADMINISTRATOR Officer | 13.5 | $116,814 | $282,814 | $71,713 |
| KEITH OWEN | ASST. FUNDS ADMIN. Highest-paid employee | 22 | $80,954 | $84,258 | $60,991 |
| MONITA WONG | CONTROLLER Highest-paid employee | 15 | $48,379 | $98,648 | $59,357 |
| GREGORY ARISTILDE | IT DIRECTOR Highest-paid employee | 11.2 | $41,262 | $106,357 | $29,566 |
| VICKI TRICKETT | SQL DBA & DEVELOPER Highest-paid employee | 14 | $40,382 | $104,048 | $29,287 |
| NIVEEN MANSOUR | SENIOR ACCOUNTANT Highest-paid employee | 9.4 | $28,720 | $108,046 | $28,496 |
| PATRICK J LYNCH | TRUSTEE Trustee or director | 5 | $0 | $109,912 | $0 |
| JOHN P PUGLISSI | TRUSTEE Trustee or director | 5 | $0 | $95,344 | $0 |
| JOSEPH A ALEJANDRO | TRUSTEE Trustee or director | 5 | $0 | $85,631 | $0 |
| PATRICK G HENDRY | TRUSTEE Trustee or director | 5 | $0 | $85,631 | $0 |
| DANIEL J TIRELLI | TRUSTEE Trustee or director | 5 | $0 | $85,631 | $0 |
Address and contacts
- Address (IRS master file)
- 125 BROAD STREET 11TH FLOOR, NEW YORK, NY 10004-2755
- In care of
- % MONITA WONG
- Principal officer (990 for 2024)
- DAVID NICHOLSON, 125 BROAD ST 11TH FL, NEW YORK, NY 10004
- Signed the 990
- JOSEPH STRONG, TRUSTEE
- Phone
- (212) 349-7560
- Website
- WWW.NYCPBA.ORG
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE HEALTH & WELFARE BENEFITS TO RETIRED POLICE OFFICERS, THEIR SPOUSES, AND ELIGIBLE DEPENDENTS.
Program accomplishments
- THE RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION OF THE CITY OF NEW YORK IS A WELFARE BENEFIT PLAN COVERING AT JUNE 30, 2025, 25,975 RETIRED PARTICIPANTS (SEPARATED FROM SERVICE SUBSEQUENT TO JANUARY 1, 1971) AND THEIR ELIGIBLE DEPENDENTS. THE FUND PROVIDES PRESCRIPTION DRUGS, DENTAL, OPTICAL, AND OTHER SUPPLEMENTAL BENEFITS TO RETIRED POLICE OFFICERS AND THEIR ELIGIBLE DEPENDENTS.
- N/A
- N/A
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0237976
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Exempt since
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $269,687,749
- Income (IRS master file)
- $72,320,539
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $72,320,539 | $48,163,312 | $269,687,749 | IRS |
| 990 | June 2024 | $65,940,220 | $43,816,722 | $242,237,760 | IRS |
| 990 | June 2023 | $84,973,812 | $46,849,183 | $216,613,731 | XML |
| 990 | June 2022 | $53,884,482 | $36,543,454 | $181,884,705 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 51-0237976).
Questions about RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION
- What is the EIN of RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION?
- The employer identification number (EIN) of RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION is 51-0237976.
- Is RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1972.
- Which annual return does RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION 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 RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 names DAVID NICHOLSON.
- Who are the officers and directors of RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 6 received compensation from the organization, the highest $125,527 (DAVID NICHOLSON, FUNDS ADMINISTRATOR).
- How much revenue does RETIREE HEALTH AND WELFARE FUND OF THE POLICE BENEVOLENT ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $72,320,539, expenses of $48,163,312 and total assets of $269,687,749 at year end.
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