RETIRED FIREFIGHTERS SECURITY BENEFIT FUND OF THE UFA

EIN: 510180654

NEW YORK, NY

Total Revenue
$31,182,682
Total Expenses
$34,840,174
Total Assets
$86,574,347
Net Assets
$85,200,826
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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
1976
Legal Domicile
NY
Principal Officer
ANDREW ANSBRO
Phone
2126834723
Tax Period
2022-07-01 to 2023-06-30

RETIRED FIREFIGHTERS SECURITY BENEFIT FUND OF THE UFA, founded in 1976, is a mid-sized nonprofit that reported $31.2M in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. Expenses of $34.8M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE CERTAIN HEALTH AND WELFARE BENEFITS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $30,002,771
Investment Income $1,179,911
Other Revenue $0
TOTAL REVENUE $31,182,682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $482,737
Fundraising Expenses $0
Other Expenses $875,230
TOTAL EXPENSES $34,840,174

Year-over-Year Comparison

2022 2021 Change
Revenue $31,182,682 $36,619,796 -0.1%
Expenses $34,840,174 $32,770,246 +0.1%
Net Income $-3,657,492 $3,849,550 -2.0%
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

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Governance

Voting Members
10
Independent Members
N/A
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
0
$0
Total Directors
10
$782,414
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW ANSBRO TRUSTEE 2.00
Director
$0 $3,000 $149,845
ROBERT EUSTACE TRUSTEE 2.00
Director
$0 $4,000 $87,188
VINCENT SPECIALE TRUSTEE 1.00
Director
$0 $5,000 $86,007
EDWARD BROWN TRUSTEE 1.00
Director
$0 $5,000 $88,074
MICHAEL SCHREIBER TRUSTEE 1.00
Director
$0 $4,000 $70,739
ERIC BISCHOFF TRUSTEE 1.00
Director
$0 $5,000 $68,910
DOUGLAS CARROLL TRUSTEE 1.00
Director
$0 $3,000 $55,271
WILLIAM GRECO TRUSTEE 1.00
Director
$0 $5,000 $63,424
DENNIS TVETER TRUSTEE 1.00
Director
$0 $3,000 $55,291
CHRISTOPHER VIOLA TRUSTEE 1.00
Director
$0 $3,000 $57,665
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 No data No data No data No data
2024 No data No data No data No data
2023 $31,182,682 $34,840,174 $86,574,347 $-3,657,492
2022 $36,619,796 $32,770,246 $97,270,696 $3,849,550
2021 $39,187,118 $30,891,949 $106,082,762 $8,295,169
2020 $39,618,539 $32,830,266 $92,657,924 $6,788,273
2019 $34,679,425 $29,189,135 $85,091,048 $5,490,290
2018 $32,524,306 $28,242,426 $77,641,281 $4,281,880
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