NYSPIA HEALTH AND WELFARE FUND

EIN: 861830285 Mutual Benefit

ALBANY, NY

Total Revenue
$598,502
Total Expenses
$147,761
Total Assets
$4,862,844
Net Assets
$4,859,519
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
TIMOTHY M DYMOND
Phone
5184360120
Tax Period
2023-01-01 to 2023-12-31

NYSPIA HEALTH AND WELFARE FUND, founded in 2021, is a small nonprofit in the Mutual Benefit sector that reported $599K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $451K, a strong 75% operating margin.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO EMPLOYEES AND RETIRED EMPLOYEES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $481,243
Investment Income $117,259
Other Revenue $0
TOTAL REVENUE $598,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $24,226
TOTAL EXPENSES $147,761

Year-over-Year Comparison

2023 2022 Change
Revenue $598,502 $647,566 -0.1%
Expenses $147,761 $16,002 +8.2%
Net Income $450,741 $631,564 -0.3%
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

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
4

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
4
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY DYMOND TRUSTEE 1.00
Director
$0 $0 $20,000
RONALD PIERONE JR TRUSTEE - RESIGNED 2/2023 1.00
Director
$0 $0 $5,000
WILLIAM DIAZ TRUSTEE- START 2/2023 1.00
Director
$0 $0 $0
ROBERT LOMBARDI TRUSTEE 1.00
Director
$0 $0 $5,000
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 $598,502 $147,761 $4,862,844 $450,741
2022 $647,566 $16,002 $3,957,867 $631,564
2021 $3,885,205 $7,837 $3,860,008 $3,877,368
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NYSPIA HEALTH AND WELFARE FUND with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.