2025-10-10T10:07:50-05:00 2024-12-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL PITTSFORD NY 14534 990 2024-01-01 237336001 NEW YORK STATE NURSES ASSOCIATION BENEFITS FUND NEWY 5188699501 3 PINE WEST PLAZA WASHINGTON AVE EX ALBANY NY 12205 RONALD F LAMY CEO 5188699501 2025-10-10 1 1 DAWN MINEMIER P01339753 5853811000 2024 2025-03-06 01:10:19Z RONALD F LAMY 3 PINE WEST PLAZA WASHINGTON AVE EX ALBANY NY 12205 584709701 0 X RNBENEFITS.ORG X 1972 NY TO PROVIDE HOSPITALIZATION, BASIC AND MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, OPTICAL, LIFE AND AD&D, SHORT TERM AND LONG TERM DISABILITY COVERAGE AND PAID FAMILY LEAVE (WHICH BEGAN IN 2018) TO REGISTERED NURSES AND OTHER HEALTHCARE PROFESSIONALS EMPLOYED BY EMPLOYERS WHOSE COLLECTIVE BARGAINING AGREEMENTS WITH THE NEW YORK STATE NURSES ASSOCIATION INCLUDED BENEFITS COVERAGE. 16 16 53 0 0 0 0 0 499741761 581157097 1450390 3552604 0 0 501192151 584709701 0 0 468138714 553411809 2715816 2830842 0 0 0 1422816 1467507 472277346 557710158 28914805 26999543 80844582 119897327 60753983 72802579 20090599 47094748 X TO PROVIDE HOSPITALIZATION, BASIC AND MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, OPTICAL, LIFE AND AD&D, SHORT TERM AND LONG TERM DISABILITY COVERAGE AND PAID FAMILY LEAVE (WHICH BEGAN IN 2018) TO REGISTERED NURSES AND OTHER HEALTHCARE PROFESSIONALS EMPLOYED BY EMPLOYERS WHOSE COLLECTIVE BARGAINING AGREEMENTS WITH THE NEW YORK STATE NURSES ASSOCIATION INCLUDED BENEFITS COVERAGE. 0 0 WE PROVIDED INSURED AND SELF INSURED HEALTH AND WELFARE ARRANGEMENTS FOR 21,493 REGISTERED NURSES AND OTHER HEALTH CARE PROFESSIONALS AND THEIR DEPENDENTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 53 1 0 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X ALICIA BUCHAN 5188699501 3 PINE WEST PLAZA WASHINGTON AVE EX ALBANY NY 12205 JOHN BARRETT TRUSTEE 1.82 2.36 X 0 0 0 JEFFREY COHEN TRUSTEE 0.50 0.65 X 0 0 0 NANCY HAGANS TRUSTEE 0.23 0.00 X 0 0 0 JENNA HAYES TRUSTEE 0.41 0.72 X 0 0 0 NANCY KALEDA TRUSTEE 2.79 3.10 X 0 0 0 PATRICIA KANE TRUSTEE 0.46 0.69 X 0 0 0 TRACEY KAVANAGH TRUSTEE 0.69 0.00 X 0 0 0 MARC KRAMER TRUSTEE 0.67 1.06 X 0 0 0 JASON LIMSON TRUSTEE 0.15 0.00 X 0 0 0 BARBARA LOGAN TRUSTEE 0.77 1.31 X 0 0 0 GUY MENONNA TRUSTEE 0.23 0.31 X 0 0 0 ARI MOMA TRUSTEE 0.51 0.74 X 0 0 0 ROBERT OLIVER TRUSTEE 0.79 1.25 X 0 0 0 ALLYSON SELBY TRUSTEE 0.54 0.00 X 0 0 0 STACIE WILLIAMS TRUSTEE 0.29 0.29 X 0 0 0 DENNIS ZGODA TRUSTEE 0.52 0.98 X 0 0 0 RONALD F LAMY CEO 17.50 17.50 X 0 369988 41760 CHRISTOPHER ROSETTI COO 17.50 17.50 X 0 271849 41760 DAVID STUTSRIM IT MANAGER 17.50 17.50 X 0 169187 41760 LINDA WHELTON BENEITS DEPT MGR 35.00 0.00 X 0 141134 41760 ALICIA BUCHAN CONTROLLER 17.50 17.50 X 0 138900 41760 0 1091058 208800 0 0 1 0 MILLIMAN INC 1 PENNSYLVANIA PLAZA NEW YORK NY 10119 ACTUARY 358045 PROSKAUER ROSE LLP 11 TIMES SQUARE NEW YORK NY 10036 PLAN CO-COUNSEL 243842 COHEN WEISS SIMON LLP 330 WEST 42ND STREET NEW YORK NY 10035 PLAN CO-COUNSEL 159226 3 EMPLOYER CONTRIBUTIONS 525100 579031907 579031907 PARTICIPANT COBRA CONTRIBUTIONS 525100 2125140 2125140 HRA CLAIM PAYMENT REFUNDS 525100 50 50 581157097 3552604 3552604 584709701 581157097 0 3552604 553411809 362678 1448053 275797 600339 143975 406069 111266 2369 365759 203939 91375 75284 21177 45725 20875 90375 ACA REPORTING 28474 PROFESSIONAL MEMBERSHIP 4636 RECRUITMENT 184 557710158 68163122 92427780 12222598 11820860 387339 395035 280752 230104 71523 50648 15203004 80844582 119897327 1486008 1292909 59267975 71509670 60753983 72802579 X 20090599 47094748 0 0 0 0 20090599 47094748 80844582 119897327 26999543 4606 0 X X 0 1 X 1 0 280752 230104 50648 50648 CLAIMS RESERVE 54031000 SELF-FUNDED BENEFITS PAYABLE 15568424 HRA BENEFIT PAYABLE 1688801 POSTRETIREMENT - BRIDGE TO MEDICARE 221445 71509670 X 584712598 4606 4606 584707992 1709 1709 584709701 557708449 0 557708449 1709 1709 557710158 PART X, LINE 2: THE FUND MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X X X X X X 0 0 0 RONALD F LAMY CEO 0 369988 0 0 0 0 0 12376 0 29384 0 411748 0 0 CHRISTOPHER ROSETTI COO 0 271849 0 0 0 0 0 12376 0 29384 0 313609 0 0 DAVID STUTSRIM IT MANAGER 0 169187 0 0 0 0 0 12376 0 29384 0 210947 0 0 LINDA WHELTON BENEITS DEPT MGR 0 141134 0 0 0 0 0 12376 0 29384 0 182894 0 0 ALICIA BUCHAN CONTROLLER 0 138900 0 0 0 0 0 12376 0 29384 0 180660 0 0 PART I, LINE 3 THE HIGHEST PAID EMPLOYEES (KEY EMPLOYEES) ARE ALSO EMPLOYEES OF THE NEW YORK NURSES ASSOCIATION PENSION PLAN A 401 (A) DEFINED BENEFITS PENSION PLAN. THE NEW YORK STATE NURSES ASSOCIATION BENEFITS FUND SHARED MEMBERS, EMPLOYEES AND TRUSTEES WITH THE NEW YORK STATE NURSES ASSOCIATION PENSION PLAN. AN ALLOCATION STUDY IS CONDUCTED ANNUALLY BY OUR INDEPENDENT ACCOUNTANT AND SALARIES ARE ALLOCATED BASED ON THE RESULTS OF THE ALLOCATION STUDY. FORM 990, PART VI, SECTION A, LINE 2 NYSNA BENEFITS FUND TRUSTEE DEPUTY EXECUTIVE DIRECTOR BUSINESS RELATIONSHIP NYSNA BENEFITS FUND TRUSTEE CFO BUSINESS RELATIONSHIP NYSNA BENEFITS FUND TRUSTEE EXECUTIVE DIRECTOR BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES AND KEY EMPLOYEES ARE REQUESTED TO IMMEDIATELY NOTIFY THE CEO OR COO OF ANY CONFLICTS OF INTEREST. TRUSTEES AND ALL EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL QUESTIONNAIRE REGARDING CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - COMPENSATION FOR THE CEO, IS ESTABLISHED USING DATA FROM COMPENSATION CONSULTANTS, INDEPENDENT COMPENSATION SURVEYS AND BENCHMARKS. COMPENSATION PROPOSALS ARE THEN REVIEWED AND RECOMMENDED BY THE PERSONNEL/COMPENSATION COMMITTEE AND FORMALLY APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION LEVEL FOR THE CEO WAS REVIEWED AND APPROVED IN 2023. LINE 15B - COMPENSATION FOR THE CHIEF OPERATING OFFICERS AND CHIEF INVESTMENT OFFICER IS ESTABLISHED USING DATA FROM COMPENSATION CONSULTANTS, INDEPENDENT COMPENSATION SURVEYS AND BENCHMARKS. COMPENSATION PROPOSALS FOR THE CHIEF INVESTMENT OFFICER ARE REVIEWED AND RECOMMENDED BY THE PERSONNEL/COMPENSATION COMMITTEE AND FORMALLY APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION LEVEL FOR THE CHIEF INVESTMENT OFFICER WAS REVIEWED AND APPROVED IN 2024. COMPENSATION FOR THE CHIEF OPERATING OFFICER IS APPROVED BY THE BOARD OF TRUSTEES IN CONJUNCTION WITH OPERATING BUDGET. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS THAT ARE REQUIRED BY LAW TO BE AVAILABLE FOR PUBLIC INSPECTION ARE SENT BY MAIL UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AO FOX MEMORIAL HOSPITAL 1 NORTON AVE ONEONTA NY 13820 150539039 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 ALBERT EINSTEIN COLLEGE OF MEDICINE 1300 MORRIS PARK AVE BRONX NY 104611975 131624225 CLINIC NY 501(C)(3) LINE 3 N/A 0 ALICE HYDE MEDICAL CENTER 133 PARK ST MALONE NY 12953 150346515 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 BRONXCARE HEALTH SYSTEM 1650 GRAND CONCOURSE BRONX NY 10457 131974191 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 BRONXCARE SPECIAL CARE 1265 FULTON AVE BRONX NY 10456 133479996 NURSING NY 501(C)(3) LINE 10 N/A 0 CABRINI OF WESTCHESTER 115 BROADWAY DOBBS FERRY NY 10522 237063399 NURSING NY 501(C)(3) LINE 10 N/A 0 CANTON-POTSDAM HOSPITAL 50 LEROY ST POTSDAM NY 13676 161012691 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 CENTERLIGHT HEALTH CARE 612 ALLERTON AVE BRONX NY 104677404 131739920 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 CHAMPLAIN VALLEY PHYSICIANS 214 CORNELIA ST PLATTSBURGH NY 12901 141338471 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 ELMHURST HOSPITAL 79-01 BROADWAY ELMHURST NY 11373 131624096 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 FLUSHING HOSPITAL MEDICAL 4500 PARSON BLVD FLUSHING NY 113552100 111631781 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 GARNET HEALTH MEDICAL CENTER CATSKILLS 707 EAST MAIN STREET MIDDLETOWN NY 10904 146049030 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 GOUVERNEUR HOSPITAL 77 W BARNEY ST GOUVERNEUR NY 13642 464249555 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 GRACIE SQUARE MEDICAL CENTER 420 EAST 76TH ST NEW YORK NY 100213104 133746997 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 INTERFAITH MEDICAL CENTER 1545 ATLANTIC AVE BROOKLYN NY 112131166 112626155 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 KINGSBROOK JEWISH MEDICAL 585 SCHENECTADY AVE BROOKLYN NY 112031891 111631759 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 MAIMONIDES MEDICAL CENTER 4802 TENTH AVE BROOKLYN NY 11219 111635081 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 MASSENA HOSPITAL 1 HOSPITAL DRIVE MASSENA NY 13662 843134268 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 MT SINAI MORNINGSIDEMT SINAI WEST 555 W 57TH ST 19TH FL NEW YORK NY 100191192 132997301 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 NEW JEWISH HOME 120 W 106TH STREET NEW YORK NY 10025 131624033 NURSING NY 501(C)(3) LINE 3 N/A 0 NEW YORK EYE & EAR INFIRMARY 310 EAST 14TH ST NEW YORK NY 10003 135562304 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 NY PRESBYTERIAN BROOKLYN METHODIST 506 6TH AVE BROOKLYN NY 112153645 111631796 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 NY PRESBYTERIANCOLUMBIA UNIV HOSP 622 WEST 168TH ST NEW YORK NY 100323784 133957095 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 NYACK HOSPITAL 160 NORTH MIDLAND AVE NYACK NY 10960 131740119 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 NYSNA PENSION PLAN PO BOX 12430 ALBANY NY 12212 136604799 PENSION PLAN NY N/A 0 PARKER JEWISH INSTITUTE FOR 271-11 76TH AVE NEW HYDE PARK NY 110401433 132631069 NURSING NY 501(C)(3) LINE 10 N/A 0 PECONIC BAY MEDICAL CENTER 1300 ROANOKE AVE RIVERHEAD NY 11901 111661359 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 RICHMOND UNIVERSITY MEDICAL CTR 75 VANDERBILT AVE STATEN ISLAND NY 10304 743177454 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 RUTLAND NURSING HOME 585 SCHENECTADY AVE BROOKLYN NY 11203 112164674 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 SAMARITAN MEDICAL CENTER 830 WASHINGTON ST WATERTOWN NY 13601 150533577 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 SOUTH SHORE UNIVERSITY HOSPITAL 301 E MAIN ST BAY SHORE NY 11706 060974148 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 ST JOSEPH HOSPITAL 4925 HEMPSTEAD TPKE BETHPAGE NY 117145769 113438973 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 ST JOHN'S RIVERSIDE HOSPITAL 967 N BROADWAY YONKERS NY 107011301 131740126 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 ST VINCENT'S OPIOID TREATMENT CENTER 170 WEST 12 ST NEW YORK NY 10011 134077996 CLINIC NY 501(C)(3) LINE 3 N/A 0 ST VINCENT'S WESTCHESTER 275 NORTH STREET HARRISON NY 10528 131740127 HOSPITAL NY 501(C)(3) LINE 3 0 STATEN ISLAND UNIVERSITY HOSPITAL 500 SEAVIEW AVE STATEN ISLAND NY 103053498 112868878 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 SYOSSET HOSPITAL 221 JERICHO TURNPIKE SYOSSET NY 11791 111562701 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 TERENCE CARDINAL COOKE 1249 5TH AVE NEW YORK NY 100294437 133007801 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 THE BROOKLYN HOSPITAL 121 DEKALB AVE BROOKLYN NY 112015493 111630755 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 THE COUNTY OF SULLIVAN 100 NORTH ST MONTICELLO NY 127011160 146002812 NURSING NY 501(C)(3) LINE 6 N/A 0 THE COUNTY OF WESTCHESTER 1448 MARTINE AVE WHITE PLAINS NY 10601 136007353 NURSING NY 501(C)(3) LINE 6 N/A 0 THE HEALTHALLIANCE HOSPITAL 396 BROADWAY KINGSTON NY 12401 141338470 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 THE MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 UNION COMMUNITY HEALTH 260 EAST 188TH ST BRONX NY 10458 134074478 MENTAL HEALTH NY 501(C)(3) LINE 3 N/A 0 US FAMILY HEALTH PLAN AT MITCHELL FIELD 75 VANDERBILT AVE STATEN ISLAND NY 10304 134077996 CLINIC NY 501(C)(3) LINE 3 N/A 0 VASSAR BROTHERS MED CTR READE PLACE POUGHKEEPSIE NY 126013990 141338586 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 VISITING NURSES ASSOCIATION 400 LAKE AVE STATEN ISLAND NY 103032629 175562377 NURSING NY 501(C)(3) LINE 3 N/A 0 WYCKOFF HEIGHTS MEDICAL CENTER 350 STANHOPE ST BROOKLYN NY 112374099 111631837 HOSPITAL NY 501(C)(3) LINE 3 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NYSNA PENSION PLAN N 1235951 SEE R VII NYSNA PENSION PLAN O 1513775 SEE R VII SCHEDULE R GROUP EXEMPTION RELATIONSHIPS THE NEW YORK STATE NURSES ASSOCIATION BENEFITS FUND AND PENSION PLAN SHARE FACILITIES, EQUIPMENT, SUPPLIES, AND EMPLOYEES. WE CONDUCT AN ALLOCATION STUDY AND DETERMINE THE PERCENTAGE OF COST FOR EACH PLAN. THE PLANS THEN FUND A JOINT CHECKING ACCOUNT WHICH PAYS EXPENSES. SCHEDULE R ADDITIONAL INFORMATION THE NEW YORK STATE NURSES ASSOCIATION BENEFITS FUND AND PENSION PLAN SHARE FACILITIES, EQUIPMENT, SUPPLIES, AND EMPLOYEES. WE CONDUCT AN ALLOCATION STUDY AND DETERMINE THE PERCENTAGE OF COST FOR EACH PLAN. THE PLANS THEN FUND A JOINT CHECKING ACCOUNT WHICH PAYS EXPENSES.