New York City Retirees Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
New York City Retirees Health & Welfare Fund is a 501(c)(9) organization based in Lynbrook, New York, registered in 1984, with $11,635,698 in FY2023 revenue. CharityIndex grades it C+.
Co Aso Inc 303 Merrick Road, Lynbrook, NY, 11563 EIN 51-0146783 Since 1984
Revenue (FY2023)
$11.6M
▲ 5.2% vs prior year
Expenses (FY2023)
$8.3M
Net assets
$43.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 New York City Retirees Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating62 mo reserves · +28% margin
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 New York City Retirees Health & Welfare Fund: 62 mo reserves · +28% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 New York City Retirees Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 New York City Retirees Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $9.6M (FY2017) to $11.6M (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $827KNet assets $43.3M
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$44.1M
Total liabilities
$827K
Net assets
$43.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,635,698▲5.2% | $8,331,971▼16.7% | $43,262,273▲12.5% | $44,089,309▲12.4% | 990 |
| 2022 | $11,056,470▼7.4% | $9,997,328▲11.3% | $38,450,566▼3.2% | $39,218,911▼2.7% | 990 |
| 2021 | $11,937,808▲17.2% | $8,986,333▲268% | $39,731,155▲4.3% | $40,321,331▲0.7% | 990 |
| 2020 | $10,187,139▼15.8% | $2,439,648▼75.3% | $38,102,025▲31.4% | $40,054,500▲35.9% | 990 |
| 2019 | $12,096,023▲19.5% | $9,890,418▲34.1% | $29,006,015▲11.3% | $29,478,676▲11.1% | 990 |
| 2018 | $10,124,864▲5.1% | $7,376,822▼12.8% | $26,064,358▲10.8% | $26,521,882▲10.9% | 990 |
| 2017 | $9,635,636 | $8,461,074 | $23,520,170 | $23,919,452 | 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.
Frequently asked questions
- Is New York City Retirees Health & Welfare Fund a legitimate nonprofit?
- Yes. New York City Retirees Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 51-0146783, based in Lynbrook, New York.
- What is New York City Retirees Health & Welfare Fund's EIN?
- New York City Retirees Health & Welfare Fund's Employer Identification Number (EIN) is 51-0146783.
- How much revenue does New York City Retirees Health & Welfare Fund report?
- New York City Retirees Health & Welfare Fund reported $11,635,698 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does New York City Retirees Health & Welfare Fund have?
- CharityIndex grades New York City Retirees Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for New York City Retirees Health & Welfare Fund (EIN 51-0146783) 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.