Skip to main content

Nonprofit · EIN 80-0412424

RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN

Tax-exempt · ALBANY, NY 12201

Financials

$28.2M$28.2M2023$23.3M$23.3M2024
Revenue Expenses · by fiscal year end
Financials of RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$23,316,700$23,316,700$0$328,838,119$328,838,119$0
December 31, 2023990$28,232,047$28,232,047$0$306,654,587$306,654,587$0
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,814,123
Investment income
$15,502,577
Net gain from sales of assets
$14,134,775
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$17,469,488
Compensation of officers, directors and key employees
$121,660
Salaries, compensation and benefits (total)
$121,660
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$306,654,587
Total assets, end of year
$328,838,119
Total liabilities, end of year
$328,838,119
Net assets, end of year
$0
Publicly traded securities
$47,925,089
Gross receipts
$122,551,814
Employees
0
Volunteers
0
Year formed
2009
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
BANK OF NEW YORK MELLONTRUSTEE
Institutional trustee
1$121,660
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
BANK OF NEW YORK MELLONTRUSTEE
Institutional trustee
1$45,431

Address and contacts

Address (IRS master file)
PO BOX 9, ALBANY, NY 12201-0009
In care of
% EMILY KUNCHALA
Principal officer (990 for 2024)
DR MELUR RAMASUBRAMANIAN, PO Box 9, Albany, NY 12201
Signed the 990
RYAN FARRELL, CFO
Phone
(518) 434-7050
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TO PROVIDE POST-RETIREMENT BENEFITS TO ELIGIBLE PARTICIPANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FILING ORGANIZATION IS A VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TRUST, ESTABLISHED TO ACCOMPLISH THE FOLLOWING ACTIVITIES: THE PAYMENT OF HEALTH CARE AND DENTAL RELATED CLAIMS OF ELIGIBLE RETIREES OF THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK (EIN 14-1368361), MANAGEMENT OF THE INVESTMENT PORTFOLIO THAT HAS BEEN FUNDED TO PAY FOR CURRENT AND FUTURE CLAIMS OF THOSE RETIREES, RECEIPT AND PROCESSING OF CONTRIBUTIONS FROM THE RETIREES AS APPLICABLE, AND RECEIPT AND PROCESSING OF FUNDING FROM THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK.0

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
80-0412424
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$328,838,119
Income (IRS master file)
$122,551,814

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$23,316,700$23,316,700$328,838,119XML
990December 2023$28,232,047$28,232,047$306,654,587XML
990December 2022$24,928,827$24,928,827$292,932,224IRS
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 80-0412424).

Questions about RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN

What is the EIN of RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN?
The employer identification number (EIN) of RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN is 80-0412424.
Is RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2011.
Are donations to RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN 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 RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN 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 RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN 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 RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN?
The 990 for the year ended December 31, 2024 names DR MELUR RAMASUBRAMANIAN.
Who are the officers and directors of RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $121,660 (BANK OF NEW YORK MELLON, TRUSTEE).
How much revenue does RESEARCH FOUNDATION POST RETIREMENT BENEFITS PLAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $23,316,700, expenses of $23,316,700 and total assets of $328,838,119 at year end.

Other nonprofits in ALBANY

All nonprofits in ALBANY · New York · Mutual and membership benefit