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Nonprofit · EIN 23-7336001

NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND

Tax-exempt (reinstated) · ALBANY, NY 12205

Financials

$584.7M$557.7M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$584,709,701$557,710,158$26,999,543$119,897,327$72,802,579$47,094,748
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$581,157,097
Investment income
$3,552,604
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$553,411,809
Compensation of officers, directors and key employees
$362,678
Other salaries and wages
$1,448,053
Salaries, compensation and benefits (total)
$2,830,842
Professional fundraising fees
$0
Legal fees
$406,069
Accounting fees
$111,266
Occupancy
$75,284
Travel
$21,177
Depreciation
$20,875

Balance sheet and other

Total assets, start of year
$80,844,582
Total assets, end of year
$119,897,327
Total liabilities, end of year
$72,802,579
Net assets, end of year
$47,094,748
Land, buildings and equipment
$50,648
Publicly traded securities
$15,203,004
Gross receipts
$584,709,701
Employees
53
Volunteers
0
Year formed
1972
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RONALD F LAMYCEO
Officer
17.5$0$369,988$41,760
CHRISTOPHER ROSETTICOO
Officer
17.5$0$271,849$41,760
DAVID STUTSRIMIT MANAGER
Highest-paid employee
17.5$0$169,187$41,760
LINDA WHELTONBENEITS DEPT MGR
Highest-paid employee
35$0$141,134$41,760
ALICIA BUCHANCONTROLLER
Highest-paid employee
17.5$0$138,900$41,760
JOHN BARRETTTRUSTEE
Trustee or director
1.82$0$0$0
JEFFREY COHENTRUSTEE
Trustee or director
0.5$0$0$0
NANCY HAGANSTRUSTEE
Trustee or director
0.23$0$0$0
JENNA HAYESTRUSTEE
Trustee or director
0.41$0$0$0
NANCY KALEDATRUSTEE
Trustee or director
2.79$0$0$0
PATRICIA KANETRUSTEE
Trustee or director
0.46$0$0$0
TRACEY KAVANAGHTRUSTEE
Trustee or director
0.69$0$0$0
MARC KRAMERTRUSTEE
Trustee or director
0.67$0$0$0
JASON LIMSONTRUSTEE
Trustee or director
0.15$0$0$0
BARBARA LOGANTRUSTEE
Trustee or director
0.77$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
GUY MENONNATRUSTEE
Trustee or director
0.23$0
ARI MOMATRUSTEE
Trustee or director
0.51$0
ROBERT OLIVERTRUSTEE
Trustee or director
0.79$0
ALLYSON SELBYTRUSTEE
Trustee or director
0.54$0
STACIE WILLIAMSTRUSTEE
Trustee or director
0.29$0
DENNIS ZGODATRUSTEE
Trustee or director
0.52$0

Address and contacts

Address (IRS master file)
3 PINE WEST PLAZA WASHINGTON AVE EX, ALBANY, NY 12205-0000
Principal officer (990 for 2024)
RONALD F LAMY, 3 PINE WEST PLAZA WASHINGTON AVE EX, ALBANY, NY 12205
Signed the 990
RONALD F LAMY, CEO
Phone
(518) 869-9501
Return prepared by
BONADIO & CO LLP

Mission

TO PROVIDE HOSPITALIZATION, BASIC AND MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, OPTICAL, LIFE AND AD&D, SHORT TERM AND LONG TERM DISABILITY COVERAGE AND PAID FAMILY LEAVE (WHICH BEGAN IN 2018) TO REGISTERED NURSES AND OTHER HEALTHCARE PROFESSIONALS EMPLOYED BY EMPLOYERS WHOSE COLLECTIVE BARGAINING AGREEMENTS WITH THE NEW YORK STATE NURSES ASSOCIATION INCLUDED BENEFITS COVERAGE.

990 for the year ended December 31, 2024

Program accomplishments

  • WE PROVIDED INSURED AND SELF INSURED HEALTH AND WELFARE ARRANGEMENTS FOR 21,493 REGISTERED NURSES AND OTHER HEALTH CARE PROFESSIONALS AND THEIR 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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
23-7336001
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$119,897,327
Income (IRS master file)
$584,709,701

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
February 12, 2024
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$584,709,701$557,710,158$119,897,327XML

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 23-7336001).

Questions about NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND

What is the EIN of NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND?
The employer identification number (EIN) of NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND is 23-7336001.
Is NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW YORK STATE NURSES ASSOCIATION BENEFIT 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 NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND?
The 990 for the year ended December 31, 2024 names RONALD F LAMY.
Who are the officers and directors of NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does NEW YORK STATE NURSES ASSOCIATION BENEFIT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $584,709,701, expenses of $557,710,158 and total assets of $119,897,327 at year end.

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