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Nonprofit · EIN 83-6619242

ROYAL HEALTH BENEFITS TR

Also known as LEOPOLD FRIEDMAN TTEE

Tax-exempt · BROOKLYN, NY 11221

Financials

$2.8M$1.8M2023$22.9M$19.8M2023$22.4M$20M2024
Revenue Expenses · by fiscal year end
Financials of ROYAL HEALTH BENEFITS TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$22,382,796$20,022,411$2,360,385$11,029,813$7,145,295$3,884,518
April 30, 2024990$22,867,193$19,820,359$3,046,834$12,402,186$10,878,053$1,524,133
April 30, 2023990$2,787,541$1,802,127$985,414$8,482,250$10,004,951-$1,522,701
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$22,382,796
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$16,143,270
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$27,000

Balance sheet and other

Total assets, start of year
$12,402,186
Total assets, end of year
$11,029,813
Total liabilities, end of year
$7,145,295
Net assets, end of year
$3,884,518
Net assets without donor restrictions
$3,884,518
Gross receipts
$22,382,796
Employees
0
Year formed
2019
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 April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Leopold FriedmanTrustee
Trustee or director
1$0
Monica TerranoTrustee
Trustee or director
5$0
990 for the year ended April 30, 2024: 2 people
NameTitleHours / weekCompensation
Leopold FriedmanTrustee
Trustee or director
1$0
Monica TerranoTrustee
Trustee or director
5$0
990 for the year ended April 30, 2023: 2 people
NameTitleHours / weekCompensation
Leopold FriedmanTrustee
Trustee or director
1$0
Monica TerranoTrustee
Trustee or director
5$0

Address and contacts

Address (IRS master file)
1000 GATES AVE STE 5, BROOKLYN, NY 11221-6296
Principal officer (990 for 2024)
Leopold Friedman, 1000 Gates Avenue STE 5, Brooklyn, NY 11221
Signed the 990
Monica Terrano, Trustee
Phone
(718) 852-7000
Return prepared by
Fasten Halberstam LLP

Mission

TO MAINTAIN THE ASSETS OF HEALTH AND WELFARE BENEFIT PLANS.

990 for the year ended April 30, 2025

Program accomplishments

  • Payment of Health and Insurance Benefits for Employees and Dependents of the Various Participating Companies
    Expenses $19,420,125 · revenue $22,382,796

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 April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
83-6619242
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2020
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,029,813
Income (IRS master file)
$22,382,796

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$22,382,796$20,022,411$11,029,813XML
990April 2024$22,867,193$19,820,359$12,402,186XML
990April 2023$2,787,541$1,802,127$8,482,250XML
990February 2022$15,626,696$16,560,426$6,313,266IRS
990February 2021–––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 83-6619242).

Questions about ROYAL HEALTH BENEFITS TR

What is the EIN of ROYAL HEALTH BENEFITS TR?
The employer identification number (EIN) of ROYAL HEALTH BENEFITS TR is 83-6619242.
Is ROYAL HEALTH BENEFITS TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2020.
Are donations to ROYAL HEALTH BENEFITS TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ROYAL HEALTH BENEFITS TR 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 ROYAL HEALTH BENEFITS TR due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROYAL HEALTH BENEFITS TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of ROYAL HEALTH BENEFITS TR?
The 990 for the year ended April 30, 2025 names Leopold Friedman.
Who are the officers and directors of ROYAL HEALTH BENEFITS TR?
The 990 for the year ended April 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does ROYAL HEALTH BENEFITS TR have?
On its 990 for the year ended April 30, 2025 it reported revenue of $22,382,796, expenses of $20,022,411 and total assets of $11,029,813 at year end.

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