NBA PLAYERS' HEALTH AND WELFARE BE… - Form 990 Financial Data

🔒

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

2004

Legal Domicile

Principal Officer

C JONES N AARON

Phone

8047186092

Tax Period

2024-07-01 to 2025-06-30

NBA PLAYERS' HEALTH AND WELFARE BENEFIT PLAN, founded in 2004, is a mid-sized nonprofit that reported $91.1M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35.2M, a strong 39% operating margin.

Mission

THE PLAN PROVIDES CERTAIN HEALTH AND WELFARE BENEFITS TO ELIGIBLE CURRENT AND FORMER NBA PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS PURSUANT TO THE ELIGIBILITY RULES FOR EACH BENEFIT.

Program Service Accomplishments

Program 1

HEALTH REIMBURSEMENT ACCOUNTS (HRAS) FOR ELIGIBLE CURRENT AND FORMER NBA PLAYERS AND THEIR FAMILIES THAT COVER HEALTH-RELATED COSTS QUALIFIED UNDER IRS RULES.

Program 2

MEDICAL AND PRESCRIPTION DRUG COVERAGE TO ELIGIBLE RETIRED NBA PLAYERS AND THEIR FAMILIES.

Program 3

MEDICAL, PRESCRIPTION DRUG, DENTAL, VISION, LIFE/AD&D AND DISABILITY INSURANCE COVERAGE TO ELIGIBLE CURRENT NBA PLAYERS AND THEIR FAMILIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $56,685,861

Investment Income $34,432,026

Other Revenue $0

TOTAL REVENUE $91,117,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $998,959

TOTAL EXPENSES $55,936,611

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,117,887	$57,316,935	+0.6%
Expenses	$55,936,611	$49,707,281	+0.1%
Net Income	$35,181,276	$7,609,654	+3.6%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL RUBE	TRUSTEE	1.00	Officer Director	$0	$0	$0
NEIL AARON	TRUSTEE	1.00	Officer Director	$0	$0	$0
RONALD KLEMPNER	TRUSTEE	1.00	Officer Director	$0	$0	$0
CAMERON JONES	TRUSTEE AS OF 11/2024	1.00	Officer Director	$0	$0	$0
MICHELLE CRENSHAW	TRUSTEE AS OF 5/2025	1.00	Officer Director	$0	$0	$0
SABRINA ELLIS	TRUSTEE	1.00	Officer Director	$0	$0	$0
GARY ARRICK	TRUSTEE UNTIL 8/2024	1.00	Officer Director	$0	$0	$0
PURVIS SHORT	TRUSTEE UNTIL 10/2024	1.00	Officer Director	$0	$0	$0

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	$91,117,887	$55,936,611	$462,931,863	$35,181,276
2024	No data	No data	No data	No data
2023	$51,611,732	$45,887,765	$366,996,874	$5,723,967
2023	$51,611,732	$45,887,765	$366,996,874	$5,723,967
2022	$60,099,104	$42,061,945	$330,388,781	$18,037,159
2021	$51,539,537	$41,380,039	$372,592,572	$10,159,498
2020	$36,219,174	$35,604,208	$298,771,513	$614,966
2019	$32,413,435	$33,251,127	$295,035,339	$-837,692

NBA PLAYERS' HEALTH AND WELFARE BENEFIT PLAN