HEALTH AND WELFARE FUND OF THE PBA OF TH CITY OF NEW YORK (EIN 136157604) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

DAVID NICHOLSON

Phone

2123497560

Tax Period

2022-07-01 to 2023-06-30

HEALTH AND WELFARE FUND OF THE PBA OF TH CITY OF NEW YORK, founded in 1964, is a mid-sized nonprofit that reported $70.2M in total revenue in fiscal year 2022. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31.7M, a strong 45% operating margin.

Mission

PROVIDE HEALTH & WELFARE BENEFITS TO ACTIVE POLICE OFFICERS (SEE PAGE 2 PART III, LINE 1).

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $67,201,446

Investment Income $2,961,286

Other Revenue $1,115

TOTAL REVENUE $70,163,847

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,928,816

Fundraising Expenses $0

Other Expenses $6,121,407

TOTAL EXPENSES $38,418,714

Year-over-Year Comparison

	2022	2021	Change
Revenue	$70,163,847	$44,992,404	+0.6%
Expenses	$38,418,714	$31,478,582	+0.2%
Net Income	$31,745,133	$13,513,822	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$471,341

Total Directors

$462,149

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK J LYNCH	TRUSTEE	5.00	Director	$0	$0	$109,912
JOHN P PUGLISSI	TRUSTEE	5.00	Director	$0	$0	$95,344
JOSEPH A ALEJANDRO	TRUSTEE	5.00	Director	$0	$0	$85,631
PATRICK G HENDRY	TRUSTEE	5.00	Director	$0	$0	$85,631
DANIEL J TIRELLI	TRUSTEE	5.00	Director	$0	$0	$85,631
DAVID NICHOLSON	FUNDS ADMINISTRATOR	13.50	Officer	$118,760	$71,713	$471,341
KEITH OWEN	ASST. FUNDS ADMIN.	22.00	Highest	$80,954	$60,991	$226,203
MONITA WONG	CONTROLLER	15.40	Highest	$49,850	$59,357	$206,384
GREGORY ARISTILDE	IT DIRECTOR	10.60	Highest	$39,083	$29,566	$177,185
VICKI TRICKETT	SQL DBA & DEVELOPER	13.20	Highest	$38,245	$29,287	$173,717
NIVEEN MANSOUR	SENIOR ACCOUNTANT	9.00	Highest	$27,353	$28,496	$165,262

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	$70,163,847	$38,418,714	$158,580,908	$31,745,133
2022	$44,992,404	$31,478,582	$127,205,831	$13,513,822
2021	$45,276,691	$29,697,303	$118,546,121	$15,579,388
2020	$46,964,453	$34,712,049	$103,273,634	$12,252,404
2019	$47,255,560	$35,469,012	$89,394,012	$11,786,548
2018	$45,987,649	$37,545,521	$76,417,364	$8,442,128

HEALTH AND WELFARE FUND OF THE PBA OF TH CITY OF NEW YORK