NEWTON POLICE BENEFIT ASSOCATION INC

EIN: 046037179 Mutual Benefit

WEST NEWTON, MA

Total Revenue
$65,953
Total Expenses
$39,091
Total Assets
$1,061,158
Net Assets
$1,061,158
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
MA
Principal Officer
DENNIS DOWLING
Phone
6175929556
Tax Period
2025-01-01 to 2025-12-31

NEWTON POLICE BENEFIT ASSOCATION INC, founded in 1907, is a micro nonprofit in the Mutual Benefit sector that reported $66K in total revenue in fiscal year 2025. The organization ran a surplus of $27K, a strong 41% operating margin.

Mission

THE NEWTON POLICE BENEFIT ASSOCIATION, INC. WAS FORMED TO PROVIDE DEATH BENEFITS TO MEMBERS OR THEIR DEPENDENTS, OR DESIGNATED BENEFICIARIES. THIS CONTINUES TO BE THE SOLE PURPOSE OF THE ORGANIZATION.MEMBERSHIP IN THE NEWTON POLICE BENEFIT ASSOCIATION, INC. CONSISTS OF PAST AND PRESENT NEWTON POLICE OFFICERS, WHO ARE OR WERE EMPLOYEES OF THE CITY OF NEWTON, MA.THE NEWTON POLICE BENEFIT ASSOCIATION, INC. WAS FORMED IN 1900, INCORPORATED IN 1907 AND HAS PROVIDED DEATH BENEFITS TO ITS MEMBERS FROM THE TIME OF ITS CREATION. THE NEWTON POLICE BENEFIT ASSOCIATION PLANS TO CONTINUE PROVIDING DEATH BENEFITS FOR ITS MEMBERSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,625
Program Service Revenue $0
Investment Income $63,328
Other Revenue $0
TOTAL REVENUE $65,953

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,700
Fundraising Expenses $0
Program Expenses $24,000
Other Expenses $11,391
TOTAL EXPENSES $39,091

Year-over-Year Comparison

2025 2024 Change
Revenue $65,953 $68,798 0.0%
Expenses $39,091 $32,421 +0.2%
Net Income $26,862 $36,377 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$3,000
Total Directors
7
$3,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE MEAD DIRECTOR 1.00
Director
$200 $0 $200
MICHAEL MCSWEENEY DIRECTOR 1.00
Director
$100 $0 $100
DECLAN HEALY DIRECTOR 1.00
Director
$200 $0 $200
DENNIS DOWLING PRESIDENT 2.00
Officer Director
$1,000 $0 $1,000
SEAN HEALY TREASURER 2.00
Officer Director
$1,000 $0 $1,000
PETER KOERBER SECRETARY 2.00
Officer Director
$1,000 $0 $1,000
DANIEL VALENTE DIRECTOR 1.00
Director
$200 $0 $200
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $65,953 $39,091 $1,061,158 $26,862
2024 $68,798 $32,421 $971,900 $36,377
2023 $41,687 $46,683 $874,552 $-4,996
2022 $49,975 $35,557 $795,596 $14,418
2021 $60,718 $52,444 $923,521 $8,274
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