Civic Intelligence

Csa Retiree Welfare Fund

EIN 11-2692902 • 501(c)9 • New York, NY

Profile

To provide medical and health benefits to members.

40 Rector Street 12th FloorNew York, NY 10006

www.csawf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.07x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.28x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Net Margin

19th percentile

-5.4%

Higher net margin than 19% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

14%

Faster asset growth than 69% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

3.0%

Faster revenue growth than 34% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$47,511,358

Up $5,719,909 (+14%) from 2023

Liabilities

Down

$3,452,049

Down $77,533 (-2.2%) from 2023

Net Assets

Up

$44,059,309

Up $5,797,442 (+15%) from 2023

Revenue

Up

$12,511,623

Up $364,007 (+3.0%) from 2023

Expenses

Up

$13,186,158

Up $93,922 (+0.7%) from 2023

Net Income

Up

-$674,535

Up $270,085 (+29%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $20,424,556Liabilities 2010: $3,596,513Net Assets 2010: $16,828,0432010Assets 2011: $20,705,075Liabilities 2011: $4,232,206Net Assets 2011: $16,472,8692011Assets 2012: $22,981,586Liabilities 2012: $3,669,070Net Assets 2012: $19,312,5162012Assets 2013: $24,649,785Liabilities 2013: $4,086,052Net Assets 2013: $20,563,7332013Assets 2014: $27,280,023Liabilities 2014: $4,637,896Net Assets 2014: $22,642,1272014Assets 2015: $28,491,968Liabilities 2015: $4,245,560Net Assets 2015: $24,246,4082015Assets 2016: $31,786,809Liabilities 2016: $4,164,266Net Assets 2016: $27,622,5432016Assets 2017: $34,568,114Liabilities 2017: $3,217,106Net Assets 2017: $31,351,0082017Assets 2018: $36,657,980Liabilities 2018: $4,297,602Net Assets 2018: $32,360,3782018Assets 2019: $40,365,104Liabilities 2019: $3,608,391Net Assets 2019: $36,756,7132019Assets 2020: $45,877,372Liabilities 2020: $4,334,192Net Assets 2020: $41,543,1802020Assets 2021: $50,404,636Liabilities 2021: $3,686,600Net Assets 2021: $46,718,0362021Assets 2022: $41,308,431Liabilities 2022: $3,491,746Net Assets 2022: $37,816,6852022Assets 2023: $41,791,449Liabilities 2023: $3,529,582Net Assets 2023: $38,261,8672023Assets 2024: $47,511,358Liabilities 2024: $3,452,049Net Assets 2024: $44,059,3092024

Highlighted filing

2024

Assets$47,511,358
Liabilities$3,452,049
Net Assets$44,059,309

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,977,2342010Expenses 2011: $11,505,2882011Expenses 2012: $9,973,6922012Revenue 2013: $12,339,551Expenses 2013: $11,255,273Net Income 2013: $1,084,2782013Revenue 2014: $12,417,601Expenses 2014: $10,891,102Net Income 2014: $1,526,4992014Revenue 2015: $13,559,313Expenses 2015: $10,960,971Net Income 2015: $2,598,3422015Revenue 2016: $14,588,688Expenses 2016: $12,178,867Net Income 2016: $2,409,8212016Revenue 2017: $14,507,089Expenses 2017: $11,295,284Net Income 2017: $3,211,8052017Revenue 2018: $15,023,080Expenses 2018: $13,496,859Net Income 2018: $1,526,2212018Revenue 2019: $16,573,678Expenses 2019: $13,245,066Net Income 2019: $3,328,6122019Revenue 2020: $14,430,926Expenses 2020: $10,929,494Net Income 2020: $3,501,4322020Revenue 2021: $14,245,168Expenses 2021: $12,903,624Net Income 2021: $1,341,5442021Revenue 2022: $13,529,903Expenses 2022: $13,188,554Net Income 2022: $341,3492022Revenue 2023: $12,147,616Expenses 2023: $13,092,236Net Income 2023: -$944,6202023Revenue 2024: $12,511,623Expenses 2024: $13,186,158Net Income 2024: -$674,5352024

Highlighted filing

2024

Revenue$12,511,623
Expenses$13,186,158
Net Income-$674,535

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$47.5$3.45$44.1$12.5$13.2$0.67
2023Detailed filing. Detailed filing data is available for this year.$41.8$3.53$38.3$12.1$13.1$0.94
2022Detailed filing. Detailed filing data is available for this year.$41.3$3.49$37.8$13.5$13.2$0.34
2021Detailed filing. Detailed filing data is available for this year.$50.4$3.69$46.7$14.2$12.9$1.34
2020Detailed filing. Detailed filing data is available for this year.$45.9$4.33$41.5$14.4$10.9$3.50
2019Detailed filing. Detailed filing data is available for this year.$40.4$3.61$36.8$16.6$13.2$3.33
2018Detailed filing. Detailed filing data is available for this year.$36.7$4.30$32.4$15.0$13.5$1.53
2017Detailed filing. Detailed filing data is available for this year.$34.6$3.22$31.4$14.5$11.3$3.21
2016Detailed filing. Detailed filing data is available for this year.$31.8$4.16$27.6$14.6$12.2$2.41
2015Detailed filing. Detailed filing data is available for this year.$28.5$4.25$24.2$13.6$11.0$2.60
2014Detailed filing. Detailed filing data is available for this year.$27.3$4.64$22.6$12.4$10.9$1.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$4.09$20.6$12.3$11.3$1.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$3.67$19.3$9.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$4.23$16.5$11.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$3.60$16.8$9.98
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 12, 2025
Return Version
2023v6.0
Gross Receipts
$13,472,515
Mission and Program Overview

Mission

Provide medical & health benefits to members

To provide medical and health benefits to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$38,261,867$44,059,309▲ $5,797,442
Investments in Publicly Traded Securities$37,039,683$43,801,510▲ $6,761,827
Savings and Temporary Cash Investments$2,065,119$1,842,582▼ $222,537
Accounts Receivable$2,327,671$1,415,261▼ $912,410
Cash and Non-Interest-Bearing Accounts$326,730$413,568▲ $86,838
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$41,791,449$47,511,358▲ $5,719,909
Other Assets Total$32,246$38,437▲ $6,191
Liabilities
Other Liabilities$3,401,000$3,282,877▼ $118,123
Accounts Payable and Accrued Expenses$128,582$169,172▲ $40,590
Total Liabilities$3,529,582$3,452,049▼ $77,533
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,261,867$44,059,309▲ $5,797,442
Total Liabilities and Net Assets / Fund Balance$41,791,449$47,511,358▲ $5,719,909
Compensation and Service Providers

Board Members and Trustees

NameTitle
Henry RubioPresident
Glenda HarryAsst. Admin/Director of Fin
Dean HatfieldTrustee
Gayle LockettTrustee
Juanita JohnsonTrustee
Stanley WilsonTrustee
Bruce BryantCounsel
Rosemary SinclairExec VP
Dale KellyFirst VP
Susan BaronePlan admin

Highest Paid Contractors

ContractorServicesLocationCompensation
Administrative Services IncClaims processorPO Box 9005, Lynbrook, NY 11563$225,255
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,076,961
Investment Income
$1,433,209
Other Revenue
$1,453
Change in Net Assets
$-674,535

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,425,992
Revenue Not Reported on Financial Statements
$85,631
Revenue Not Reported on Form 990
$6,471,977
Total Revenue per Audited Statements
$18,897,969
Total Revenue per Form 990
$12,511,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,643,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$11,543,028
Fees for Service Investment Mgmnt Fees---$85,631
Other Expenses---$45,050
All Other Expenses---$40,491
Insurance---$36,742
Conferences and Meetings---$20,622
Office Expenses---$7,564
Total Functional Expenses$0$0$0$13,186,158

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,218,650
Total Expenses per Form 990$13,186,158
Expenses per Audited Statements$13,100,527
Expenses Not Reported on Form 990$118,123
Expenses Not Reported on Financial Statements$85,631
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Benefit claims payable$3,282,877
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The trustee and administrator receive a copy of the form 990 before it's filed and read it thoroughly and check the accuracy of the information.

Form 990, Part VI, Section C, Line 19

A SUMMARY OF THE FINANCIAL STATEMENTS is PRINTED IN THE ORGANIZATION'S NEWSLETTER. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND A FULL COPY OF THE FINANCIAL STATEMENTS are AVALIABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
CSA Retiree Welfare Fund
EIN
11-2692902
Phone
2126978540
Address
40 Rector Street 12th Floor, New York, NY 10006

Signing Officer

Name
Susan Barone
Title
Plan Administrator
Signed
2025-08-12
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Satty Levine & Ciacco CPAs PC
Address
534 Broadhollow Road Suite 300, Melville, NY 11747
Preparer
Frank Lou CPA
Phone
5163389500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

U.S. GAAP require fund management to evaluate tax positions taken by the Fund and recognize a tax liability (or asset) if the Fund has taken an uncertain position that more likely than not would not be sustained upon examination by the tax authorities. The Fund is subject to routine audits by taxing jurisdictions. The fund administrator believes tax years from 2021 to 2023 are still subject to examination, however, there are currently no audits for any tax periods in progress.

Part XII, Line 2D: Other expenses and losses per audited F/S

Changes in benefit obligations $118123

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IRS990/OtherExpensesGrp/Desc3PCORI Fees
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IRS990/OtherExpensesGrp/TotalAmt1306234
IRS990/OtherExpensesGrp/TotalAmt245555
IRS990/OtherExpensesGrp/TotalAmt345050
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GAAP require fund management to evaluate tax positions taken by the Fund and recognize a tax liability (or asset) if the Fund has taken an uncertain position that more likely than not would not be sustained upon examination by the tax authorities. The Fund is subject to routine audits by taxing jurisdictions. The fund administrator believes tax years from 2021 to 2023 are still subject to examination, however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Changes in benefit obligations $118123
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
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IRS990ScheduleD/TotalLiabilityAmt03282877
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Glenda Harry
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Susan Barone
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Asst. Admin/Director of Fin
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Plan admin
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1187146
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE AND ADMINISTRATOR RECEIVE A COPY OF THE FORM 990 BEFORE IT'S FILED AND READ IT THOROUGHLY AND CHECK THE ACCURACY OF THE INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A SUMMARY OF THE FINANCIAL STATEMENTS is PRINTED IN THE ORGANIZATION'S NEWSLETTER. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND A FULL COPY OF THE FINANCIAL STATEMENTS are AVALIABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CSA Welfare Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Local 1 Council of Supervisors and Admin
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Day Care Council - Council of supervisor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3Council of School Supervisors - Administ
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(9)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(5)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0H&W Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Union
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2H&W Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3Admin Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04 Rector Street 12th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt140 Rector Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt240 Rector Street 12th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt340 Rector Street 12th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0New York
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1New York
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2New York
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3New York
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01055241
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PER AGREEMENT

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