NBA PLAYERS' HEALTH AND WELFARE BENEFIT PLAN

EIN: 201260597

NORTH CHESTERFIELD, VA

Total Revenue
$91,117,887
Total Expenses
$55,936,611
Total Assets
$462,931,863
Net Assets
$461,596,730
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
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 $32.4M in total revenue in fiscal year 2018. Revenue surged 198% from the prior year, signaling strong growth momentum. Net assets of $294.8M represent 109 months of operating reserves.

Mission

THE PLAN PROVIDES CERTAIN HEALTH AND WELFARE BENEFITS TO ELIGIBLE (CONTINUED ON SCHEDULE O) (CONTINUATION OF LINE 1) CURRENT AND FORMER NATIONAL BASKETBALL ASSOCIATION ("NBA") PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS PURSUANT TO THE ELIGIBILITY RULES FOR EACH BENEFIT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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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
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
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
8
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
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
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