MASSAPEQUA, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BRIDGE & TUNNEL OFFICERS BENEVOLENT ASSOCIATION FAMILY PROTECTION PLAN INC, founded in 1976, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 15% operating deficit.
TO PROVIDE BENEFITS TO THE MEMBERS OF THE BRIDGE & TUNNEL OFFICERS UNION INCLUDING DENTAL, OPTICAL, PRESCRIPTION DRUG, LIFE AND DISABILITY INSURANCE, AND CERTAIN BASIC LEGAL SERVICES. THE ASSOCIATION IS FUNDED BY THE TRIBOROUGH BRIDGE & TUNNEL AUTHORITY OF NEW YORK, WHICH PAYS A STIPULATED AMOUNT FOR EACH ACTIVE AND RETIRED EMPLOYEE OF THE BRIDGE AND TUNNEL OFFICERS UNION
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,305,854 | $4,209,957 | -0.2% |
| Expenses | $3,802,501 | $3,868,994 | 0.0% |
| Net Income | $-496,647 | $340,963 | -2.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILEENA MEDLEY | Chairman | 35.00 |
Director
|
$15,000 | $0 | $15,000 |
| WAYNE JOSEPH | President | 1.00 |
Director
|
$0 | $0 | $0 |
| RICARDO CRUZ | 1st VP | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Denley | 2nd VP | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN WALSH | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,305,854 | $3,802,501 | $1,696,081 | $-496,647 |
| 2023 | $4,209,957 | $3,868,994 | $2,229,770 | $340,963 |
| 2022 | $3,232,026 | $4,272,726 | $1,790,072 | $-1,040,700 |
| 2021 | $3,578,235 | $4,536,360 | $3,839,752 | $-958,125 |
| 2020 | $2,973,743 | $4,604,874 | $4,979,547 | $-1,631,131 |
| 2019 | $3,542,743 | $4,170,127 | $6,026,960 | $-627,384 |
| 2018 | $3,235,183 | $3,918,774 | $6,146,485 | $-683,591 |
Compare BRIDGE & TUNNEL OFFICERS BENEVOLENT ASSOCIATION FAMILY PROTECTION PLAN INC with other nonprofits in New York and across the country.