#306 of 500 · Member & Benefit Funds

New York State Nurses Association Benefit Fund

EIN 23-7336001 · NY · NTEE Y43 · Form 990, fiscal 2023

A multiemployer welfare benefit fund that administers health and welfare benefits for registered nurses and other healthcare professionals covered under collective bargaining agreements negotiated by the New York State Nurses Association (NYSNA). It provides hospitalization, medical, dental, prescription, optical, disability, life, and paid-family-leave benefits to participants and their dependents, and is governed by a joint labor-management board of trustees.

Financials, fiscal 2023

Revenue

$501.2M

Expenses

$472.3M

Total assets

$80.8M

Net assets

$20.1M

Operating margin

5.8%

1-year growth

n/a

5-year growth (CAGR)

8.3%

Reserve (years of spending)

0.5

Contributions share

n/a

Programme spending

99.7%

Fundraising cost

n/a

Executive pay share

0.07%

Employees

55

Revenue per employee

$9.1M

Grants paid

n/a

Years filing

44

NFP Health Score: 51 / 100

Financial 3 · Governance 100 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history