Skip to main content

Nonprofit · EIN 20-1260597

NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN

Tax-exempt · N CHESTERFLD, VA 23225

Financials

$51.6M$45.9M2022$57.3M$49.7M2023$91.1M$55.9M2024
Revenue Expenses · by fiscal year end
Financials of NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$91,117,887$55,936,611$35,181,276$462,931,863$1,335,133$461,596,730
June 30, 2024990$57,316,935$49,707,281$7,609,654$410,860,146$1,018,700$409,841,446
June 30, 2023990 (amended)$51,611,732$45,887,765$5,723,967$366,996,874$855,822$366,141,052
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$56,685,861
Investment income
$34,432,026
Net gain from sales of assets
$23,945,768
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$54,937,652
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$410,860,146
Total assets, end of year
$462,931,863
Total liabilities, end of year
$1,335,133
Net assets, end of year
$461,596,730
Publicly traded securities
$214,307,061
Net assets without donor restrictions
$461,596,730
Gross receipts
$536,783,563
Employees
0
Volunteers
0
Year formed
2004
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DANIEL RUBETRUSTEE
Trustee or director, Officer
1$0
NEIL AARONTRUSTEE
Trustee or director, Officer
1$0
RONALD KLEMPNERTRUSTEE
Trustee or director, Officer
1$0
CAMERON JONESTRUSTEE AS OF 11/2024
Trustee or director, Officer
1$0
MICHELLE CRENSHAWTRUSTEE AS OF 5/2025
Trustee or director, Officer
1$0
SABRINA ELLISTRUSTEE
Trustee or director, Officer
1$0
GARY ARRICKTRUSTEE UNTIL 8/2024
Trustee or director, Officer
1$0
PURVIS SHORTTRUSTEE UNTIL 10/2024
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
DANIEL RUBETRUSTEE
Trustee or director, Officer
1$0
NEIL AARONTRUSTEE
Trustee or director, Officer
1$0
RONALD KLEMPNERTRUSTEE
Trustee or director, Officer
1$0
GARY ARRICKTRUSTEE
Trustee or director, Officer
1$0
PURVIS SHORTTRUSTEE
Trustee or director, Officer
1$0
SABRINA ELLISTRUSTEE
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
DANIEL RUBETRUSTEE
Trustee or director, Officer
1$0
ORIS STUARTTRUSTEE UNTIL 4/2023
Trustee or director, Officer
1$0
NEIL AARONTRUSTEE
Trustee or director, Officer
1$0
RONALD KLEMPNERTRUSTEE
Trustee or director, Officer
1$0
GARY ARRICKTRUSTEE
Trustee or director, Officer
1$0
PURVIS SHORTTRUSTEE
Trustee or director, Officer
1$0
SABRINA ELLISTRUSTEE AS OF 4/2023
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1025 BOULDERS PKWY STE 405, N CHESTERFLD, VA 23225-5549
In care of
% ALIGHT
Principal officer (990 for 2024)
C JONES N AARON, C/O ALIGHT 1025 BOULDERS PWY 405, NORTH CHESTERFIELD, VA 232255549
Signed the 990
NEIL AARON CAMERON JONES, TRUSTEES
Phone
(804) 718-6092
Return prepared by
BONADIO & CO LLP

Mission

THE PLAN PROVIDES CERTAIN HEALTH AND WELFARE BENEFITS TO ELIGIBLE CURRENT AND FORMER NBA PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS PURSUANT TO THE ELIGIBILITY RULES FOR EACH BENEFIT.

990 for the year ended June 30, 2025

Program accomplishments

  • HEALTH REIMBURSEMENT ACCOUNTS (HRAS) FOR ELIGIBLE CURRENT AND FORMER NBA PLAYERS AND THEIR FAMILIES THAT COVER HEALTH-RELATED COSTS QUALIFIED UNDER IRS RULES.
  • MEDICAL AND PRESCRIPTION DRUG COVERAGE TO ELIGIBLE RETIRED NBA PLAYERS AND THEIR FAMILIES.
  • MEDICAL, PRESCRIPTION DRUG, DENTAL, VISION, LIFE/AD&D AND DISABILITY INSURANCE COVERAGE TO ELIGIBLE CURRENT NBA PLAYERS AND THEIR FAMILIES.

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-1260597
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$462,931,863
Income (IRS master file)
$536,783,563

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$91,117,887$55,936,611$462,931,863IRS
990June 2024$57,316,935$49,707,281$410,860,146IRS
990June 2023$51,611,732$45,887,765$366,996,874XML
990June 2022$60,099,104$42,061,945$330,388,781IRS
990June 2021–––IRS
990June 2020–––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 20-1260597).

Questions about NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN

What is the EIN of NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN?
The employer identification number (EIN) of NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN is 20-1260597.
Is NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2005.
Which annual return does NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN 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 NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN?
The 990 for the year ended June 30, 2025 names C JONES N AARON.
Who are the officers and directors of NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN have?
On its 990 for the year ended June 30, 2025 it reported revenue of $91,117,887, expenses of $55,936,611 and total assets of $462,931,863 at year end.

Other nonprofits in N CHESTERFLD

All nonprofits in N CHESTERFLD · Virginia