EAST ELMHURST, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CORRECTION OFFICERS BENEVOLENT ASSOC SECURITY BENEFITS FUND - ACTIVE, founded in 1968, is a mid-sized nonprofit that reported $10.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $15.9M exceeded revenue, resulting in a 49% operating deficit.
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS.
PROVIDED HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 5,211 COVERED MEMBERS.
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 | $10,737,951 | $11,395,434 | -0.1% |
| Expenses | $15,946,557 | $15,256,904 | +0.0% |
| Net Income | $-5,208,606 | $-3,861,470 | +0.3% |
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 |
|---|---|---|---|---|---|---|
| BENNY BOSCIO JR | CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $252,261 |
| GLENN MORGAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $140,650 |
| KEISHA WILLIAMS | TRUSTEE (PAST) | 1.00 |
Director
|
$0 | $0 | $67,613 |
| LIONEL CUMBERBATCH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $122,741 |
| HERMAN JIMINIAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $127,037 |
| ANTIONETTE ANDERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $124,726 |
| FELIX SANCHEZ | TRUSTEE (PAST) | 1.00 |
Director
|
$0 | $0 | $60,880 |
| ASHAKI ANTOINE | TRUSTEE (PAST) | 1.00 |
Director
|
$0 | $0 | $61,753 |
| CHARLES WINGATE | TRUSTEE (PAST) | 1.00 |
Director
|
$0 | $0 | $44,920 |
| EDWARD YATES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $103,296 |
| MATTHEW ROMANO | TRUSTEE (PAST) | 1.00 |
Director
|
$0 | $0 | $45,292 |
| NEIL RENIOS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $116,913 |
| ANGEL CASTRO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $125,347 |
| AMADO RICO | TRUSTEE(PAST) | 1.00 |
Director
|
$0 | $0 | $41,779 |
| MAURICE SMITH | TRUSTEE (PAST) | 1.00 |
Director
|
$0 | $0 | $41,736 |
| CHRISTOPHER CRUZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $42,306 |
| LATEESHA HARRIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $42,433 |
| DERRICK LASCKO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $43,026 |
| RODNEY MCQUEEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $42,249 |
| DANIEL MONACO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $54,471 |
| KAAMAL MOORE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $55,773 |
| VANESSA QUINONES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $41,571 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $10,737,951 | $15,946,557 | $12,423,040 | $-5,208,606 |
| 2023 | $11,395,434 | $15,256,904 | $17,651,917 | $-3,861,470 |
| 2023 | $14,313,581 | $15,263,438 | $20,173,297 | $-949,857 |
| 2022 | $15,526,791 | $17,081,688 | $20,882,985 | $-1,554,897 |
| 2021 | $16,478,813 | $17,379,376 | $22,394,698 | $-900,563 |
| 2020 | $23,659,759 | $17,746,136 | $23,338,903 | $5,913,623 |
| 2019 | $20,631,788 | $18,413,853 | $17,397,026 | $2,217,935 |
| 2018 | $20,164,576 | $19,072,190 | $15,420,906 | $1,092,386 |
Compare CORRECTION OFFICERS BENEVOLENT ASSOC SECURITY BENEFITS FUND - ACTIVE with other nonprofits in New York and across the country.