NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW YORK STATE NURSES ASSOC WELFARE PLAN FOR NYC EMPLOYED REGISTERED NURSES, founded in 1974, is a mid-sized nonprofit that reported $20.8M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Net assets of $50.0M represent 29 months of operating reserves.
THE ORGANIZATION PROVIDES VARIOUS HEALTH AND DISABILITY BENEFITS TO ITS PARTICIPANTS, WHO ARE REGISTERED PROFESSIONAL NURSES EMPLOYED BY THE NEW YORK CITY HEALTH + HOSPITALS CORPORATION, MAYORAL AGENCIES, CITY UNIVERSITY OF NEW YORK AND RELATED PUBLIC EMPLOYERS.
THE PLAN'S PURPOSE IS TO PROVIDE VARIOUS HEALTH AND DISABILITY BENEFITS TO PARTICIPANTS. EMPLOYERS PAY AN ANNUAL AMOUNT PER PARTICIPANT AND FUNDS ARE USED FOR BENEFIT PAYMENTS.
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 | $20,794,693 | $16,933,118 | +0.2% |
| Expenses | $21,451,915 | $17,542,820 | +0.2% |
| Net Income | $-657,222 | $-609,702 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| JUDITH CUTCHIN DNP RN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MELROSE JUANNAH RN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY D'LEEMA RN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JALISA SAUD DNP NP | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE MCEWEN RN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $20,794,693 | $21,451,915 | $51,948,235 | $-657,222 |
| 2024 | $16,933,118 | $17,542,820 | $51,852,336 | $-609,702 |
| 2023 | $15,389,325 | $15,606,044 | $50,619,039 | $-216,719 |
| 2022 | $17,141,053 | $15,782,015 | $49,705,584 | $1,359,038 |
| 2021 | $16,589,203 | $15,246,996 | $55,197,320 | $1,342,207 |
| 2020 | $18,057,966 | $15,089,764 | $47,919,683 | $2,968,202 |
| 2019 | $16,932,984 | $15,580,887 | $44,879,029 | $1,352,097 |
| 2018 | $15,554,663 | $14,245,785 | $42,328,615 | $1,308,878 |
Compare NEW YORK STATE NURSES ASSOC WELFARE PLAN FOR NYC EMPLOYED REGISTERED NURSES with other nonprofits in New York and across the country.