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Nonprofit · EIN 14-6131191

NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND

Tax-exempt · NEWBURGH, NY 12550

Financials

$2.2M$2M2023$2.4M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990$2,366,698$2,119,471$247,227$4,173,661$419,492$3,754,169
January 31, 2024990$2,186,447$2,048,382$138,065$3,857,607$402,828$3,454,779
Financial details: 990 for the year ended January 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,266,688
Investment income
$100,010
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,864,586
Compensation of officers, directors and key employees
$50,408
Other salaries and wages
$123,118
Salaries, compensation and benefits (total)
$186,713
Professional fundraising fees
$0
Accounting fees
$12,240
Occupancy
$12,000
Depreciation
$1,180

Balance sheet and other

Total assets, start of year
$3,857,607
Total assets, end of year
$4,173,661
Total liabilities, end of year
$419,492
Net assets, end of year
$3,754,169
Land, buildings and equipment
$2,232
Net assets without donor restrictions
$3,754,169
Gross receipts
$2,366,698
Employees
3
Year formed
1986
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 January 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
NICKOLAS P KARNAVEZOSFUND ADMINIS
Officer
20$50,693$0
STACY A MORANCHAIRPERSON
Trustee or director, Officer
1$0$23,690
CLAUDINE M COTTINITRUSTEE
Trustee or director
1$0$13,719
MATTHEW SCULLYVICE-CHAIR
Trustee or director, Officer
1$0$11,575
JENNIFER M LAUDIEROSECRETARY
Trustee or director, Officer
1$0$0
CLAUDINE L MAZZATRUSTEE
Trustee or director
1$0$0
ZOE MATTHEWSTRUSTEE
Trustee or director
1$0$0
JENNIFER J COSTABILETRUSTEE
Trustee or director
1$0$0
NICOLE LORENZOTRUSTEE
Trustee or director
1$0$0
MELISSA HIGGINSTRUSTEE
Trustee or director
1$0$0
MARY PETRUNCOLATRUSTEE
Trustee or director
1$0$0
GONCALO PINHEIROTRUSTEE
Trustee or director
1$0$0
990 for the year ended January 31, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgs
NICKOLAS P KARNAVEZOSFUND ADMINIS
Officer
20$49,288$0
STACY A MORANCHAIRPERSON
Trustee or director, Officer
1$0$20,987
CLAUDINE M COTTINITRUSTEE
Trustee or director
1$0$12,805
MATTHEW SCULLYTRUSTEE
Trustee or director
1$0$11,583
JENNIFER M LAUDIEROSECRETARY
Trustee or director, Officer
1$0$5,028
MELISSA HIGGINSTRUSTEE
Trustee or director
1$0$2,500
CLAUDINE L MAZZATRUSTEE
Trustee or director
1$0$2,250
GONCALO PINHEIROTRUSTEE
Trustee or director
1$0$2,000
ZOE MATTHEWSTRUSTEE
Trustee or director
1$0$1,500
MARY PETRUNCOLATRUSTEE
Trustee or director
1$0$500
JENNIFER J COSTABILETRUSTEE
Trustee or director
1$0$400
LINDA SMITHRESIGNED 6/3
Trustee or director
1$0$375
JESSICA COLANDREARESIGNED 10/
Trustee or director
1$0$250
NICOLE LORENZOTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
52 PIERCES RD, NEWBURGH, NY 12550-3259
Principal officer (990 for 2024)
NICKOLAS P KARNAVEZOS, 52 PIERCES RD, NEWBURGH, NY 12550
Signed the 990
NICKOLAS P KARNAVEZOS, FUND ADMINISTRATOR
Phone
(845) 562-7988
Return prepared by
RBT CPAS LLP

Mission

A SELF-INSURING FUND TO PROVIDE DENTAL CARE, VISION AND PRESCRIPTION CO-PAY REIMBURSEMENT BENEFITS TO TEACHERS, ADMINISTRATORS AND RETIREES OF THE CITY OF NEWBURGH SCHOOL DISTRICT AND THEIR QUALIFIED DEPENDENTS.

990 for the year ended January 31, 2025

Program accomplishments

  • A SELF-INSURING FUND TO PROVIDE DENTAL CARE, VISION AND PRESCRIPTION CO-PAY REIMBURSEMENT BENEFITS TO TEACHERS, ADMINISTRATORS AND RETIREES OF THE CITY OF NEWBURGH SCHOOL DISTRICT AND THEIR QUALIFIED DEPENDENTS.

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

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990 on file
2023January 31, 2024June 17, 2024990 on file

IRS record

EIN
14-6131191
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1987
Accounting year ends
January
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,173,661
Income (IRS master file)
$2,366,698

Filing history

FormYear endedRevenueExpensesAssetsReturn
990January 2025$2,366,698$2,119,471$4,173,661XML
990January 2024$2,186,447$2,048,382$3,857,607XML
990January 2023$2,072,363$2,124,048$3,711,322IRS
990January 2022–––IRS
990January 2021–––IRS
990January 2019–––IRS
990January 2018–––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 14-6131191).

Questions about NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND

What is the EIN of NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND?
The employer identification number (EIN) of NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND is 14-6131191.
Is NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1987.
Are donations to NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND 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 NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended January 2025.
Who is the principal officer of NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND?
The 990 for the year ended January 31, 2025 names NICKOLAS P KARNAVEZOS.
Who are the officers and directors of NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND?
The 990 for the year ended January 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $50,693 (NICKOLAS P KARNAVEZOS, FUND ADMINIS).
How much revenue does NEWBURGH TEACHERS ASSOCIATION BENEFIT TRUST FUND have?
On its 990 for the year ended January 31, 2025 it reported revenue of $2,366,698, expenses of $2,119,471 and total assets of $4,173,661 at year end.

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