Civic Intelligence

Nysna Retiree Health Fund

EIN 61-1617397 • 501(c)9 • New York, NY

Profile

To provide retiree medical and welfare benefits to certain former employees of new york methodist hospital and maimonides medical center eligible to participate in the plan.

131 West 33rd Street 4th FloorNew York, NY 10001

n/A

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.04x

Higher debt load relative to revenue than 66% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Net Margin

24th percentile

-2.6%

Higher net margin than 24% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Asset Growth

25th percentile

0.3%

Faster asset growth than 25% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,631,052

Up $278,123 (+6.4%) from 2022

Liabilities

Up

$54,531

Up $51,172 (+1523%) from 2022

Net Assets

Up

$4,576,521

Up $226,951 (+5.2%) from 2022

Revenue

Up

$1,277,735

Up $277,979 (+28%) from 2022

Expenses

Up

$1,310,707

Up $339,827 (+35%) from 2022

Net Income

Down

-$32,972

Down $61,848 (-214%) from 2022

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,181,138Liabilities 2010: $0Net Assets 2010: $1,181,1382010Assets 2011: $2,309,252Liabilities 2011: $1,567Net Assets 2011: $2,307,6852011Assets 2012: $2,233,088Liabilities 2012: $3,107Net Assets 2012: $2,229,9812012Assets 2013: $2,091,054Liabilities 2013: $2,525Net Assets 2013: $2,088,5292013Assets 2014: $2,313,139Liabilities 2014: $2,197Net Assets 2014: $2,310,9422014Assets 2015: $2,579,252Liabilities 2015: $9,143Net Assets 2015: $2,570,1092015Assets 2016: $2,848,499Liabilities 2016: $2,189Net Assets 2016: $2,846,3102016Assets 2017: $3,512,012Liabilities 2017: $2,193Net Assets 2017: $3,509,8192017Assets 2018: $4,415,731Liabilities 2018: $2,271Net Assets 2018: $4,413,4602018Assets 2019: $5,023,613Liabilities 2019: $2,245Net Assets 2019: $5,021,3682019Assets 2020: $4,507,077Liabilities 2020: $2,474Net Assets 2020: $4,504,6032020Assets 2021: $4,332,835Liabilities 2021: $10,133Net Assets 2021: $4,322,7022021Assets 2022: $4,352,929Liabilities 2022: $3,359Net Assets 2022: $4,349,5702022Assets 2024: $4,631,052Liabilities 2024: $54,531Net Assets 2024: $4,576,5212024

Highlighted filing

2024

Assets$4,631,052
Liabilities$54,531
Net Assets$4,576,521

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2010: $1,184,653Expenses 2010: $3,515Net Income 2010: $1,181,1382010Expenses 2011: $84,2722011Expenses 2012: $103,5842012Revenue 2013: $20,785Expenses 2013: $162,645Net Income 2013: -$141,8602013Revenue 2014: $430,017Expenses 2014: $194,135Net Income 2014: $235,8822014Revenue 2015: $541,308Expenses 2015: $287,417Net Income 2015: $253,8912015Revenue 2016: $616,148Expenses 2016: $335,779Net Income 2016: $280,3692016Revenue 2017: $1,073,369Expenses 2017: $400,413Net Income 2017: $672,9562017Revenue 2018: $1,441,155Expenses 2018: $529,649Net Income 2018: $911,5062018Revenue 2019: $1,224,717Expenses 2019: $644,171Net Income 2019: $580,5462019Revenue 2020: $252,361Expenses 2020: $764,807Net Income 2020: -$512,4462020Revenue 2021: $772,251Expenses 2021: $951,559Net Income 2021: -$179,3082021Revenue 2022: $999,756Expenses 2022: $970,880Net Income 2022: $28,8762022Revenue 2024: $1,277,735Expenses 2024: $1,310,707Net Income 2024: -$32,9722024

Highlighted filing

2024

Revenue$1,277,735
Expenses$1,310,707
Net Income-$32,972

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$0.05$4.58$1.28$1.31$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$0.00$4.35$1.00$0.97$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.33$0.01$4.32$0.77$0.95$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$0.00$4.50$0.25$0.76$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.00$5.02$1.22$0.64$0.58
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.00$4.41$1.44$0.53$0.91
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.00$3.51$1.07$0.40$0.67
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.00$2.85$0.62$0.34$0.28
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.01$2.57$0.54$0.29$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$0.43$0.19$0.24
2013Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.02$0.16$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.00$2.23$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.00$2.31$0.08
2010Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$1.18$0.00$1.18
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 17, 2023
Return Version
2022v5.0
Gross Receipts
$999,756
Mission and Program Overview

Mission

To provide retiree medical and welfare benefits to certain former employees of new york methodist hospital and maimonides medical center eligible to participate in the plan.

Provide retiree medical and welfare benefits to certain former employees of new york methodist

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,322,702$4,349,570▲ $26,868
Savings and Temporary Cash Investments$4,195,703$4,065,208▼ $130,495
Cash and Non-Interest-Bearing Accounts$73,409$150,755▲ $77,346
Accounts Receivable$63,723$136,966▲ $73,243
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$4,332,835$4,352,929▲ $20,094
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,133$3,359▼ $6,774
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,133$3,359▼ $6,774
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,322,702$4,349,570▲ $26,868
Total Liabilities and Net Assets / Fund Balance$4,332,835$4,352,929▲ $20,094
Compensation and Service Providers

Board Members and Trustees

NameTitle
Aaron KranichTrustee
Allyson Selby RnTrustee
Kay MoschellaTrustee
Nancy KaledaTrustee
Roman MazurkevyckTrustee
Roslyn CoxTrustee
Rivka MintzTrustee (as of 05/22)
Janine KeehanTrustee (as of 11/22)
Carol Kidney RnTrustee (until 05/22)
Paul StuartTrustee (until 11/22)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$985,181
Investment Income
$14,575
Other Revenue
$0
Change in Net Assets
$28,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$999,756
Revenue Not Reported on Form 990
$-2,008
Total Revenue per Audited Statements
$997,748
Total Revenue per Form 990
$999,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,390
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---$928,490
Fees for Services Accounting---$16,788
Fees for Services Management---$13,781
Fees for Services Other---$11,821
Total Functional Expenses$0$0$0$970,880

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$970,880
Total Expenses per Audited Statements$970,880
Total Expenses per Form 990$970,880
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 11:

The tax return is reviewed by the responsible person prior to filing.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Nysna Retiree Health Fund
EIN
61-1617397
In Care Of
% BENEFITS ADMIN SERVICES
Phone
2127850157
Address
131 West 33rd Street 4th Floor, NEW YORK, NY 10001

Signing Officer

Name
Nancy Kaleda
Title
Trustee
Phone
2127850157
Signed
2023-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Kaleda
Formed
2009
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
10

Preparer

Firm
Bdo USA
Address
1300 EAST NINTH STREET SUITE 1301, CLEVELAND, OH 44114
Preparer
Jacob Cook
Phone
2163251700
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Hospital and maimonides medical center.

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

The trust funding the plan has received an exemption letter from the internal revenue service (irs) dated november 24, 2010, stating that the trust is tax exempt under the provisions of section 501(c)(9) of the internal revenue code (the code) as a voluntary employee beneficiary association. The plan and trust are required to operate in conformity with the code to maintain the tax-exempt status of the trust. The plan administrator believes the plan is designed and operated in compliance with the applicable requirements of the code and therefore, believes the plan is qualified, and the related trust is tax exempt. Therefore, no provision for income taxes has been included on the plan's financial statements. Gaap requires plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the irs. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML AppendixShowing 400 of 437 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.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt0136966
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IRS990/ActivityOrMissionDesc0PROVIDE RETIREE MEDICAL AND WELFARE BENEFITS TO CERTAIN FORMER EMPLOYEES OF NEW YORK METHODIST
IRS990/AdvertisingGrp/TotalAmt00
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IRS990/BenefitsToMembersGrp/TotalAmt0928490
IRS990/BooksInCareOfDetail/PersonNm0BENEFITS ADMIN SERVICES
IRS990/BooksInCareOfDetail/PhoneNum02162618442
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt026301 CURTISS-WRIGHT PARKWAY 105
IRS990/BooksInCareOfDetail/USAddress/CityNm0RICHMOND HEIGHTS
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd044143
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt073409
IRS990/CashNonInterestBearingGrp/EOYAmt0150755
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IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0928490
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt014575
IRS990/CYOtherExpensesAmt042390
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0985181
IRS990/CYRevenuesLessExpensesAmt028876
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0970880
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0999756
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
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IRS990/DeferredRevenueGrp/BOYAmt00
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IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0RETIREE MEDICAL AND WELFARE BENEFITS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt016788
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt013781
IRS990/FeesForServicesOtherGrp/TotalAmt011821
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE (AS OF 11/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE (UNTIL 05/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE (AS OF 05/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE (UNTIL 11/22)
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST FUNDING THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED NOVEMBER 24, 2010, STATING THAT THE TRUST IS TAX EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (THE CODE) AS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION. THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE CODE TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THE PLAN IS DESIGNED AND OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE CODE AND THEREFORE, BELIEVES THE PLAN IS QUALIFIED, AND THE RELATED TRUST IS TAX EXEMPT. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED ON THE PLAN'S FINANCIAL STATEMENTS. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOSPITAL AND MAIMONIDES MEDICAL CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE RESPONSIBLE PERSON PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE PART VII
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0506 SIXTH STREET
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0HOSPITAL - CONTRIBUTING EMPLOYER OF A VEBA
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R, PART II, COLUMN B, PRIMARY ACTIVITY:
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IRS990/USAddress/AddressLine1Txt0131 West 33rd Street 4th Floor

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