SUFFOLK COUNTY POLICE BENEVOLENT ASSOCIATION BENEFIT FUND (EIN 237304565) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

LOUIS CIVELLO

Phone

6315632800

Tax Period

2023-01-01 to 2023-12-31

SUFFOLK COUNTY POLICE BENEVOLENT ASSOCIATION BENEFIT FUND, founded in 1972, is a community nonprofit that reported $8.4M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 36% operating margin.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS FOR THE EMPLOYEES OF THE SUFFOLK COUNTY POLICE DEPARTMENT.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,840,276

Investment Income $1,583,208

Other Revenue $0

TOTAL REVENUE $8,423,484

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,466

Fundraising Expenses $0

Other Expenses $353,614

TOTAL EXPENSES $5,415,023

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,423,484	$6,269,336	+0.3%
Expenses	$5,415,023	$5,027,732	+0.1%
Net Income	$3,008,461	$1,241,604	+1.4%

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

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

Governance

Voting Members

Independent Members

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

$145,154

Total Directors

$363,376

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NOEL DIGEROLAMO	CHAIRPERSON - PAST	1.00	Director	$0	$0	$55,013
LOUIS TUTONE	TRUSTEE - PAST	1.00	Director	$0	$0	$50,635
JOHN HNAT	TRUSTEE - PAST	1.00	Director	$0	$0	$52,630
MIGUEL VIAS	TRUSTEE	1.00	Director	$0	$0	$54,100
CARL GLASER	TRUSTEE	1.00	Director	$0	$0	$42,534
LOUIS CIVELLO	CHAIRPERSON	1.00	Director	$0	$0	$58,455
CHARLES HUTTER	TRUSTEE	1.00	Director	$0	$0	$38,741
TANNER BRANDIMARTE	TRUSTEE	1.00	Director	$0	$0	$11,268
GINA LABARBARA	ADMINISTRATOR	37.50	Officer	$118,254	$26,900	$145,154

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
2024	No data	No data	No data	No data
2023	$8,423,484	$5,415,023	$13,282,696	$3,008,461
2022	$6,269,336	$5,027,732	$10,536,520	$1,241,604
2021	$5,542,815	$4,954,561	$10,243,938	$588,254
2020	$5,547,761	$4,826,091	$8,853,362	$721,670
2019	$5,034,344	$5,215,851	$7,568,840	$-181,507
2018	$5,238,982	$5,465,178	$6,913,086	$-226,196

SUFFOLK COUNTY POLICE BENEVOLENT ASSOCIATION BENEFIT FUND