Correction Officers Benevolent Assc Security Benefits Fund-retirees is a 501(c)(9) organization based in East Elmhurst, New York, registered in 1976, with $21,667,429 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$21.7M
▲ 19.6% vs prior year
Expenses (FY2024)
$23.0M
Net assets
$8.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Correction Officers Benevolent Assc Security Benefits Fund-retirees— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Correction Officers Benevolent Assc Security Benefits Fund-retirees: 4 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Correction Officers Benevolent Assc Security Benefits Fund-retirees— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Correction Officers Benevolent Assc Security Benefits Fund-retirees: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $13.6M (FY2013) to $21.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-6.1%
Spent more than it raised in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$1.0M
Net assets
$8.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,667,429▲19.6% | $22,994,025▲4.1% | $8,044,171▼14.2% | $9,087,178▼4.3% | 990 |
| 2023 | $18,120,324▼15.7% | $22,078,573▲5.6% | $9,370,767▼29.7% | $9,493,524▼29.4% | 990 |
| 2022 | $21,497,894▲7.4% | $20,903,930▼1.9% | $13,329,016▲4.7% | $13,455,447▲5.0% | 990 |
| 2021 | $20,011,222▼7.1% | $21,315,687▲7.9% | $12,735,052▼9.3% | $12,811,466▼9.4% | 990 |
| 2020 | $21,543,548▲12.5% | $19,759,788▲7.7% | $14,039,517▲14.6% | $14,143,466▲15.0% | 990 |
| 2019 | $19,141,594▲7.8% | $18,345,698▲0.9% | $12,255,757▲6.9% | $12,293,582▲6.8% | 990 |
| 2018 | $17,749,070▲8.2% | $18,186,046▲10.9% | $11,459,861▼3.7% | $11,509,005▼3.6% | 990 |
| 2017 | $16,404,863▲1.0% | $16,403,402▲9.1% | $11,896,837 | $11,942,728▲0.1% | 990 |
| 2016 | $16,243,483▲14.7% | $15,036,448▲4.4% | $11,895,376▲11.3% | $11,928,588▲9.7% | 990 |
| 2015 | $14,156,321▲4.5% | $14,409,457▲10.5% | $10,688,341▼2.3% | $10,877,314▼1.7% | 990 |
| 2014 | $13,552,215▼0.4% | $13,034,682▲8.4% | $10,941,477▲5.0% | $11,067,316▲5.6% | 990 |
| 2013 | $13,601,124 | $12,027,903 | $10,423,944 | $10,476,800 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Correction Officers Benevolent Assc Security Benefits Fund-retirees (EIN 51-0183172) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.