SUPERIOR OFFICERS COUNCIL RETIREE HEALTH AND WELFARE FUND (EIN 132962067) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

CHRIS MONAHAN CO-CHAIR

Phone

2129647500

Tax Period

2022-07-01 to 2023-06-30

SUPERIOR OFFICERS COUNCIL RETIREE HEALTH AND WELFARE FUND, founded in 1978, is a mid-sized nonprofit that reported $12.3M in total revenue in fiscal year 2022. Expenses of $11.6M left a modest 5% surplus.

Mission

TO PROVIDE HEALTH/WELFARE BENEFITS TO RETIRED SUPERIOR OFFICERS OF THE NYC POLICE DEPARTMENT.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,692,912

Investment Income $602,083

Other Revenue $0

TOTAL REVENUE $12,294,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $266,374

Fundraising Expenses $0

Other Expenses $531,845

TOTAL EXPENSES $11,622,381

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,294,995	$12,442,914	0.0%
Expenses	$11,622,381	$10,358,671	+0.1%
Net Income	$672,614	$2,084,243	-0.7%

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

Governance

Voting Members

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

Total Directors

$329,214

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS TURCO	CO-CHAIRMAN	2.00	Director	$0	$0	$109,776
CHRISTOPHER MONAHAN	CO-CHAIRMAN	2.00	Director	$0	$0	$97,508
JOHN BEATTIE	TRUSTEE	2.00	Director	$0	$0	$73,176
JOHNNY RAMIREZ	TRUSTEE	2.00	Director	$0	$0	$48,754
MARY ANN PELLEGRITI	FUND ADMINISTRATOR	20.00	Highest	$0	$8,589	$123,113

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$12,294,995	$11,622,381	$30,338,839	$672,614
2022	$12,442,914	$10,358,671	$28,201,987	$2,084,243
2021	$11,634,938	$8,293,236	$31,602,101	$3,341,702
2020	$12,820,868	$9,181,558	$27,665,546	$3,639,310
2020	$12,820,868	$9,181,558	$27,665,546	$3,639,310
2019	$10,671,440	$8,189,149	$25,013,931	$2,482,291
2018	$9,682,377	$7,781,834	$20,787,969	$1,900,543

SUPERIOR OFFICERS COUNCIL RETIREE HEALTH AND WELFARE FUND