Civic Intelligence

Psc - Cuny Welfare Fund

990 • Fiscal year 2020 • EIN 13-6220695

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 01, 2021

61 BroadwayNew York, NY 10006

(212) 354-5230

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.05x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2020

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2020 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

66th percentile

$201,123

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2020

Asset Growth

85th percentile

21%

Faster asset growth than 85% of similar nonprofits.

2020 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

2.8%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Up

$89,448,661

Up $15,556,287 (+21%) from 2019

Net Assets

Up

$86,853,668

Up $15,497,186 (+22%) from 2019

Liabilities

Up

$2,594,993

Up $59,101 (+2.3%) from 2019

Revenue

Up

$51,111,521

Up $1,393,268 (+2.8%) from 2019

Expenses

Down

$36,655,695

Down $2,527,605 (-6.5%) from 2019

Net Income

Up

$14,455,826

Up $3,920,873 (+37%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $40,471,277Liabilities 2010: $735,098Net Assets 2010: $39,736,1792010Assets 2011: $32,495,505Liabilities 2011: $538,674Net Assets 2011: $31,956,8312011Assets 2012: $20,201,139Liabilities 2012: $732,883Net Assets 2012: $19,468,2562012Assets 2013: $23,593,433Liabilities 2013: $539,271Net Assets 2013: $23,054,1622013Assets 2014: $27,162,569Liabilities 2014: $425,556Net Assets 2014: $26,737,0132014Assets 2015: $32,385,965Liabilities 2015: $753,406Net Assets 2015: $31,632,5592015Assets 2016: $41,494,609Liabilities 2016: $887,854Net Assets 2016: $40,606,7552016Assets 2017: $52,735,211Liabilities 2017: $1,029,404Net Assets 2017: $51,705,8072017Assets 2018: $60,318,858Liabilities 2018: $877,469Net Assets 2018: $59,441,3892018Assets 2019: $73,892,374Liabilities 2019: $2,535,892Net Assets 2019: $71,356,4822019Assets 2020: $89,448,661Liabilities 2020: $2,594,993Net Assets 2020: $86,853,6682020Assets 2021: $102,358,492Liabilities 2021: $2,372,728Net Assets 2021: $99,985,7642021Assets 2022: $97,659,471Liabilities 2022: $2,288,880Net Assets 2022: $95,370,5912022Assets 2023: $97,346,881Liabilities 2023: $1,745,722Net Assets 2023: $95,601,1592023

Highlighted filing

2020

Assets$89,448,661
Liabilities$2,594,993
Net Assets$86,853,668

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $40,234,8442010Expenses 2011: $44,772,7792011Expenses 2012: $49,156,9372012Expenses 2013: $44,440,9832013Revenue 2014: $51,971,688Expenses 2014: $48,342,194Net Income 2014: $3,629,4942014Revenue 2015: $43,922,645Expenses 2015: $38,980,678Net Income 2015: $4,941,9672015Revenue 2016: $41,265,552Expenses 2016: $32,452,216Net Income 2016: $8,813,3362016Revenue 2017: $44,573,300Expenses 2017: $33,529,433Net Income 2017: $11,043,8672017Revenue 2018: $44,946,167Expenses 2018: $36,474,436Net Income 2018: $8,471,7312018Revenue 2019: $49,718,253Expenses 2019: $39,183,300Net Income 2019: $10,534,9532019Revenue 2020: $51,111,521Expenses 2020: $36,655,695Net Income 2020: $14,455,8262020Revenue 2021: $49,086,444Expenses 2021: $37,033,587Net Income 2021: $12,052,8572021Revenue 2022: $46,782,965Expenses 2022: $41,746,052Net Income 2022: $5,036,9132022Revenue 2023: $43,793,554Expenses 2023: $46,896,065Net Income 2023: -$3,102,5112023

Highlighted filing

2020

Revenue$51,111,521
Expenses$36,655,695
Net Income$14,455,826
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 1, 2021
Return Version
2019v5.2
Gross Receipts
$109,959,349
Mission and Program Overview

Mission

Through collectively bargained agreements with the city university of new york, the fund collects contributions and provides health and welfare benefits for all qualifying plan participants.

To provide health and welfare benefits to all qualifying plan participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$71,356,482$86,853,668▲ $15,497,186
Investments in Publicly Traded Securities$54,071,426$57,025,631▲ $2,954,205
Savings and Temporary Cash Investments$6,721,945$20,075,259▲ $13,353,314
Cash and Non-Interest-Bearing Accounts$4,926,440$3,880,187▼ $1,046,253
Land, Buildings, and Equipment, Net$21,098$496,380▲ $475,282
Prepaid Expenses and Deferred Charges$266,348$204,333▼ $62,015
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$73,892,374$89,448,661▲ $15,556,287
Other Assets Total$7,885,117$7,766,871▼ $118,246
Liabilities
Other Liabilities$2,187,943$1,981,531▼ $206,412
Accounts Payable and Accrued Expenses$347,949$613,462▲ $265,513
Total Liabilities$2,535,892$2,594,993▲ $59,101
Net Assets / Fund Balance
Total Net Assets Fund Balance$71,356,482$86,853,668▲ $15,497,186
Total Liabilities and Net Assets / Fund Balance$73,892,374$89,448,661▲ $15,556,287

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$401,884$11,748$413,632
Equipment$94,496$74,155$168,651
Other Assets Org$258,300--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna CostaExecutive DirectorFT$157,519$43,604$201,123
Patrick SmithCommunications DirectorFT$105,118$49,857$154,975
Raquel NievesData AnalystFT$103,778$49,719$153,497
David OcasioIt DirectorFT$103,468$49,687$153,155
Greg VagelatosAssociate DirectorFT$125,138$12,875$138,013
Robert CermeleTreasurerPT$24,990-$24,990
Steven LondonExecutive OfficerPT$11,856$5,600$17,456
Daniel PinelloSecretary--$12,116$12,116

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Cvs CaremarkAdministrative Fees1 CVS DRIVE, Woonsocket, RI 02895$34,974,640
Guardian Life InsuranceService Fees3900 BURGESS PLACE, Bethlehem, PA 18017$15,022,493
Davis VisionClaims Processing175 EXPRESS STREET POB 9122, Plainview, NY 11803$1,507,294
Audiology Distribution LLCClaims Processing10455 RIVERSIDE DR, Palm Beach Gardens, FL 33410$1,348,971
Delta DentalClaims ProcessingPO BOX 677006, Dallas, TX 75267-7006$779,779
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$48,726,155
Investment Income
$2,115,423
Other Revenue
$269,943
Change in Net Assets
$14,455,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$51,024,378
Revenue Not Reported on Financial Statements
$87,143
Revenue Not Reported on Form 990
$1,549,603
Total Revenue per Audited Statements
$52,573,981
Total Revenue per Form 990
$51,111,521
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,155,077
Other Expenses$1,040,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$33,459,725
Other Salaries and Wages---$1,150,194
Pension Plan Contributions---$385,860
Other Employee Benefits---$333,256
Occupancy---$280,159
Fees for Services Other---$278,472
Current Officers, Directors, Trustees, and Key Employees---$262,322
Office Expenses---$118,480
Fees for Service Investment Mgmnt Fees---$87,143
Fees for Services Legal---$82,800
Other Expenses---$63,433
Insurance---$48,129
Fees for Services Accounting---$44,300
Payroll Taxes---$23,445
Depreciation Depletion---$21,242
Information Technology---$10,000
Conferences and Meetings---$5,577
Travel---$1,158
Total Functional Expenses$0$0$0$36,655,695

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$36,655,695
Expenses per Audited Statements$36,568,552
Total Expenses per Audited Statements$36,568,552
Expenses Not Reported on Financial Statements$87,143
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postretirement Benefits, Pension$1,565,986
Contributions Received in Advance$415,545
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The fund has no subcommittees with authority to act on behalf of the board of trustees.

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

The board of trustees reviews the 990 prior to filing.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed and approved by the board of trustees.

Form 990, Part VI, Section C, Line 19

The documents are made available upon request and can be examined at the fund office.

Filing and Contact Details

Filer

Filer Name
Psc-cuny Welfare Fund
EIN
13-6220695
Phone
2123545230
Address
61 BROADWAY, NEW YORK, NY 10006

Signing Officer

Name
Donna Costa
Title
Executive Director
Phone
2123545230
Signed
2021-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Costa
Formed
1967
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
15
Volunteers
0

Preparer

Firm
Novak Francella LLC
Address
ONE PRESIDENTIAL BLVD SUITE 330, BALA CYNWYD, PA 19004
Preparer
Louis Verzella CPA
Phone
6106689400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Pension related changes, other than net periodic pension cost -508,243.

FORM 990. PART XII, LINE 2C:

The audit oversight process has not changed.

Form 990, Part X, Line 33

Net assets per the audited financial statements do not include estimated current claims obligations of $2,605,985 and estimated post-retirement obligations of $796,074,439. They are reported on a separate schedule as permitted under generally accepted accounting principles.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability if the plan has taken an uncertain position that, more likely than not, would not be sustained upon examination by the u.s. Federal, state, or local taxing authorities. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Typically, plan tax years will remain open for three years; however, this may differ depending upon the circumstances of the plan.

Raw XML AppendixShowing 400 of 566 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11IT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12COMMUNICATIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DATA ANALYST
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0428591
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt059276419
IRS990/GrossReceiptsAmt0109959349
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt010000
IRS990/InsuranceGrp/TotalAmt048129
IRS990/InvestmentIncomeGrp/ExclusionAmt01686832
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01686832
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt054071426
IRS990/InvestmentsPubTradedSecGrp/EOYAmt057025631
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt085903
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021098
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0496380
IRS990/LandBldgEquipCostOrOtherBssAmt0582283
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt058847828
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH THE CITY UNIVERSITY OF NEW YORK, THE FUND COLLECTS CONTRIBUTIONS AND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt071356482
IRS990/NetAssetsOrFundBalancesEOYAmt086853668
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0428591
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0428591
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01549603
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0280159
IRS990/OfficeExpensesGrp/TotalAmt0118480
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07885117
IRS990/OtherAssetsTotalGrp/EOYAmt07766871
IRS990/OtherChangesInNetAssetsAmt0-508243
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0333256
IRS990/OtherExpensesGrp/Desc0FEES MANDATED BY THE AF
IRS990/OtherExpensesGrp/TotalAmt063433
IRS990/OtherLiabilitiesGrp/BOYAmt02187943
IRS990/OtherLiabilitiesGrp/EOYAmt01981531
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REBATE ROYALTIES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0269943
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0269943
IRS990/OtherRevenueTotalAmt0269943
IRS990/OtherSalariesAndWagesGrp/TotalAmt01150194
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt023445
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0385860
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0266348
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0204333
IRS990/PrincipalOfficerNm0DONNA COSTA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1SURVIVOR CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2ADJUNCT FAMILY CO-PAY
IRS990/ProgramServiceRevenueGrp/Desc3COBRA REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt048095214
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1452199
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2127313
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt351429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt048095214
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1452199
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2127313
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt351429
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt036213185
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01179796
IRS990/PYOtherExpensesAmt01099879
IRS990/PYOtherRevenueAmt068710
IRS990/PYProgramServiceRevenueAmt048469747
IRS990/PYRevenuesLessExpensesAmt010534953
IRS990/PYSalariesCompEmpBnftPaidAmt01870236
IRS990/PYTotalExpensesAmt039183300
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt049718253
IRS990/ReconcilationRevenueExpnssAmt014455826
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt071356482
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt086853668
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06721945
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020075259
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt094496
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074155
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0168651
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt087143
IRS990ScheduleD/ExpensesSubtotalAmt036568552
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt087143
IRS990ScheduleD/InvestmentExpensesNotIncldAmt087143
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0401884
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011748
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0413632
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01549603
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07167967
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1284989
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt255615
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3258300
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PRESCRIPTION FORMULARY REBATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST AND DIVIDENDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM CUNY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0415545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11565986
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRIBUTIONS RECEIVED IN ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1POSTRETIREMENT BENEFITS, PENSION
IRS990ScheduleD/RevenueNotReportedAmt01549603
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt087143
IRS990ScheduleD/RevenueSubtotalAmt051024378
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, PLAN TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE PLAN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0496380
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07766871
IRS990ScheduleD/TotalExpensesPerForm990Amt036655695
IRS990ScheduleD/TotalLiabilityAmt01981531
IRS990ScheduleD/TotalRevenuePerForm990Amt051111521
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt052573981
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt036568552
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0157519
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1103468
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2105118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3103778
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt016206
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt110645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt210815
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt310677
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$97.3$1.75$95.6$43.8$46.9$3.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.7$2.29$95.4$46.8$41.7$5.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$102$2.37$100.0$49.1$37.0$12.1
2020Detailed filing. Detailed filing data is available for this year.$89.4$2.59$86.9$51.1$36.7$14.5
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.9$2.54$71.4$49.7$39.2$10.5
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.3$0.88$59.4$44.9$36.5$8.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.7$1.03$51.7$44.6$33.5$11.0
2016Summary only. Only limited summary data is available for this year.$41.5$0.89$40.6$41.3$32.5$8.81
2015Detailed filing. Detailed filing data is available for this year.$32.4$0.75$31.6$43.9$39.0$4.94
2014Detailed filing. Detailed filing data is available for this year.$27.2$0.43$26.7$52.0$48.3$3.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$0.54$23.1$44.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$0.73$19.5$49.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$0.54$32.0$44.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.5$0.74$39.7$40.2