Civic Intelligence

Psc - Cuny Welfare Fund

990 • Fiscal year 2021 • EIN 13-6220695

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 10, 2022

Organization ProfileN/A

View Organization Page

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

51st percentile

0.02x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

49th percentile

0.05x

Higher debt load relative to revenue than 49% of similar nonprofits.

2021 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2021

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$210,231

Higher top officer pay than 67% of similar nonprofits.

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

2021 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2021

Asset Growth

68th percentile

14%

Faster asset growth than 68% of similar nonprofits.

2021 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-4.0%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$102,358,492

Up $12,909,831 (+14%) from 2020

Net Assets

Up

$99,985,764

Up $13,132,096 (+15%) from 2020

Liabilities

Down

$2,372,728

Down $222,265 (-8.6%) from 2020

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin78th percentile

Revenue

Down

$49,086,444

Down $2,025,077 (-4.0%) from 2020

Expenses

Up

$37,033,587

Up $377,892 (+1.0%) from 2020

Net Income

Down

$12,052,857

Down $2,402,969 (-17%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

2021

Assets$102,358,492
Liabilities$2,372,728
Net Assets$99,985,764
Open 2021 Filing

Operations Trend

Revenue Growth20th percentile

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

2021

Revenue$49,086,444
Expenses$37,033,587
Net Income$12,052,857
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 10, 2022
Return Version
2020v4.2
Gross Receipts
$100,067,175
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$86,853,668$99,985,764▲ $13,132,096
Investments in Publicly Traded Securities$57,025,631$88,348,684▲ $31,323,053
Cash and Non-Interest-Bearing Accounts$3,880,187$5,275,177▲ $1,394,990
Savings and Temporary Cash Investments$20,075,259$587,293▼ $19,487,966
Land, Buildings, and Equipment, Net$496,380$521,231▲ $24,851
Prepaid Expenses and Deferred Charges$204,333$281,511▲ $77,178
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$89,448,661$102,358,492▲ $12,909,831
Other Assets Total$7,766,871$7,344,596▼ $422,275
Liabilities
Other Liabilities$1,981,531$1,834,369▼ $147,162
Accounts Payable and Accrued Expenses$613,462$538,359▼ $75,103
Total Liabilities$2,594,993$2,372,728▼ $222,265
Net Assets / Fund Balance
Total Net Assets Fund Balance$86,853,668$99,985,764▲ $13,132,096
Total Liabilities and Net Assets / Fund Balance$89,448,661$102,358,492▲ $12,909,831

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$406,637$35,035$441,672
Equipment$114,594$87,698$202,292
Other Assets Org$223,988--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna CostaExecutive DirectorFT$169,278$40,953$210,231
David OcasioIt DirectorFT$117,349$55,389$172,738
Patrick SmithCommunications DirectorFT$114,195$55,048$169,243
Maite PerezPharmacistFT$108,249$54,405$162,654
Raquel NievesData AnalystFT$107,232$54,296$161,528
Greg VagelatosAssociate DirectorFT$128,404$13,866$142,270
Steven LondonExecutive OfficerPT$12,334$15,700$28,034
Robert CermeleTreasurerPT$25,862-$25,862
Daniel PinelloSecretary--$12,606$12,606

Board Members and Trustees

NameTitle
James DavisChairperson
Barbara BowenChairperson (p)
Matthew ManfrediTrustee
Sharon PersingerTrustee
Terrence MartellTrustee
Zee DempsterTrustee
Nivedita MajumdarSecretary (psc)

Highest Paid Contractors

ContractorServicesLocationCompensation
Cvs CaremarkAdministrative Fees1 CVS DRIVE, Woonsocket, RI 02895$35,681,798
Guardian Life InsuranceService Fees3900 BURGESS PLACE, Bethlehem, PA 18017$11,634,762
Davis VisionClaims Processing175 EXPRESS STREET POB 9122, Plainview, NY 11803$1,571,204
Audiology Distribution LLCClaims Processing10455 RIVERSIDE DR, Palm Beach Gardens, FL 33410$855,200
Delta DentalClaims ProcessingPO BOX 677006, Dallas, TX 75267-7006$700,330
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$45,733,602
Investment Income
$3,262,047
Other Revenue
$90,795
Change in Net Assets
$12,052,857

Audited Revenue Reconciliation

Revenue per Audited Statements
$48,976,884
Revenue Not Reported on Financial Statements
$109,560
Revenue Not Reported on Form 990
$627,070
Total Revenue per Audited Statements
$49,603,954
Total Revenue per Form 990
$49,086,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,161,635
Other Expenses$1,164,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$33,707,174
Other Salaries and Wages---$1,099,300
Pension Plan Contributions---$423,150
Other Employee Benefits---$362,318
Fees for Services Other---$347,896
Current Officers, Directors, Trustees, and Key Employees---$276,867
Occupancy---$276,554
Office Expenses---$121,954
Fees for Service Investment Mgmnt Fees---$109,560
Fees for Services Legal---$82,800
Other Expenses---$66,701
Insurance---$64,390
Fees for Services Accounting---$44,300
Depreciation Depletion---$36,830
Information Technology---$10,000
Travel---$3,284
Conferences and Meetings---$509
Total Functional Expenses$0$0$0$37,033,587

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$37,033,587
Expenses per Audited Statements$36,924,027
Total Expenses per Audited Statements$36,924,027
Expenses Not Reported on Financial Statements$109,560
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$1,404,682
Contributions Received in Advance$429,687
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
2022-03-10
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
14
Volunteers
0

Preparer

Firm
Novak Francella LLC
Address
40 MONUMENT RD 5TH FLR, 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 452,169.”

FORM 990. PART XII, LINE 2C:

“The governing body is responsible for the oversight of the audit, as well as the selection of the independent accountant.”

Form 990, Part X, Line 33

“Net assets per the audited financial statements do not include estimated current claims obligations of $3,301,666 and estimated post-retirement obligations of $818,015,573. 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 600 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/ReportableCompFromOrgAmt14114195
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15107232
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt515700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt812606
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON (P)
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY (PSC)
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11IT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PHARMACIST
IRS990/Form990PartVIISectionAGrp/TitleTxt14COMMUNICATIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DATA ANALYST
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01608558
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt052589289
IRS990/GrossReceiptsAmt0100067175
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt010000
IRS990/InsuranceGrp/TotalAmt064390
IRS990/InvestmentIncomeGrp/ExclusionAmt01653489
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01653489
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt057025631
IRS990/InvestmentsPubTradedSecGrp/EOYAmt088348684
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0122733
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0496380
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0521231
IRS990/LandBldgEquipCostOrOtherBssAmt0643964
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt050980731
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/NetAssetsOrFundBalancesBOYAmt086853668
IRS990/NetAssetsOrFundBalancesEOYAmt099985764
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01608558
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01608558
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0627070
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0276554
IRS990/OfficeExpensesGrp/TotalAmt0121954
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07766871
IRS990/OtherAssetsTotalGrp/EOYAmt07344596
IRS990/OtherChangesInNetAssetsAmt0452169
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0362318
IRS990/OtherExpensesGrp/Desc0FEES MANDATED BY THE AF
IRS990/OtherExpensesGrp/TotalAmt066701
IRS990/OtherLiabilitiesGrp/BOYAmt01981531
IRS990/OtherLiabilitiesGrp/EOYAmt01834369
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REBATE ROYALTIES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt090795
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt090795
IRS990/OtherRevenueTotalAmt090795
IRS990/OtherSalariesAndWagesGrp/TotalAmt01099300
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0423150
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0204333
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0281511
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/RelatedOrExemptFuncIncomeAmt044991014
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1541454
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2127186
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt373948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044991014
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1541454
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2127186
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt373948
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt033459725
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02115423
IRS990/PYOtherExpensesAmt01040893
IRS990/PYOtherRevenueAmt0269943
IRS990/PYProgramServiceRevenueAmt048726155
IRS990/PYRevenuesLessExpensesAmt014455826
IRS990/PYSalariesCompEmpBnftPaidAmt02155077
IRS990/PYTotalExpensesAmt036655695
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt051111521
IRS990/ReconcilationRevenueExpnssAmt012052857
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt086853668
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt099985764
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020075259
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0587293
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0114594
IRS990ScheduleD/EquipmentGrp/DepreciationAmt087698
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0202292
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0109560
IRS990ScheduleD/ExpensesSubtotalAmt036924027
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0109560
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0109560
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0406637
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035035
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0441672
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0627070
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06837510
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1238490
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt244608
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3223988
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PRESCRIPTION FORMULARY REBATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST AND DIVIDENDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM CUNY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0429687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11404682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRIBUTIONS RECEIVED IN ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1POSTRETIREMENT BENEFITS, PENSION
IRS990ScheduleD/RevenueNotReportedAmt0627070
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0109560
IRS990ScheduleD/RevenueSubtotalAmt048976884
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/TotalBookValueLandBuildingsAmt0521231
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07344596
IRS990ScheduleD/TotalExpensesPerForm990Amt037033587
IRS990ScheduleD/TotalLiabilityAmt01834369
IRS990ScheduleD/TotalRevenuePerForm990Amt049086444
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt049603954
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt036924027
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0169278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1117349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2114195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3108249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4107232
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$102,358,492
Liabilities
$2,372,728
Net assets
$99,985,764
Revenue
$49,086,444
Expenses
$37,033,587
Net income
$12,052,857
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
2021Detailed filing. Detailed filing data is available for this year.$102$2.37$100.0$49.1$37.0$12.1
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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