Form 990 for tax year 2023
Filed by CORRECTION OFFICERS BENEVOLENT ASSC SECURITY BENEFITS FUND-RETIREES.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2023 , filed 14 August 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $20,119,347 changed to $18,120,324
- Total expenses
- $21,909,068 changed to $22,078,573
- Program service revenue
- $19,017,614 changed to $17,019,511
- Investment income
- $71,698 changed to $109,551
- Other revenue
- $1,030,035 changed to $991,262
- Total assets, end of year
- $11,718,604 changed to $9,493,524
- Total liabilities, end of year
- $179,309 changed to $122,757
- Net assets or fund balances, end of year
- $11,539,295 changed to $9,370,767
Totals
- Total revenue
- $20,119,347
- Total expenses
- $21,909,068
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $19,017,614
- Investment income
- $71,698
- Other revenue
- $1,030,035
- Total assets, end of year
- $11,718,604
- Total liabilities, end of year
- $179,309
- Net assets or fund balances, end of year
- $11,539,295
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $19,017,614 · related or exempt $19,017,614
-
3 · Investment income
total $71,698 · excluded $71,698
-
11a · Other revenue: PRESCRIPTION REBATES
total $1,030,035 · related or exempt $1,030,035
-
11e · Other revenue, total
$1,030,035
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $20,834,805
-
11b · Fees: legal
total $35,004
-
11c · Fees: accounting
total $25,000
-
11g · Fees: other
total $501,400
-
13 · Office expenses
total $212,735
-
24a · Other expenses: ALLOCATED ADMIN. EXP.
total $300,124
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $8,362,183 · end of year $6,312,416
-
4 · Accounts receivable
beginning of year $5,093,264 · end of year $5,165,548
-
9 · Prepaid expenses and deferred charges
end of year $240,640
-
17 · Accounts payable and accrued expenses
beginning of year $43,553 · end of year $144,767
-
25 · Other liabilities
beginning of year $82,878 · end of year $34,542
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $13,329,016 · end of year $11,539,295
Mission and programs · 2023
Mission
THE ORGANIZATIONS PRIMARY PURPOSE IS TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS.
Activities or mission (Part I)
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS.
-
PROVIDED HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 9,235 COVERED PARTICIPANTS.
As filed on the 2023 return.
Listed in Part VII
-
Benny Boscio JrBENNY BOSCIO JR
CHAIRMAN
- Total calculated
- $213,797
- From this org
- $0
- From related orgs
- $213,797
- Other
- $0
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $213,797 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $213,797 related
-
Glenn MorganGLENN MORGAN
TRUSTEE
- Total calculated
- $118,041
- From this org
- $0
- From related orgs
- $118,041
- Other
- $0
- Hours/week
- 1 + 39 related
-
Keisha WilliamsKEISHA WILLIAMS
TRUSTEE
- Total calculated
- $114,472
- From this org
- $0
- From related orgs
- $114,472
- Other
- $0
- Hours/week
- 1 + 39 related
-
Lionel CumberbatchLIONEL CUMBERBATCH
TRUSTEE
- Total calculated
- $104,439
- From this org
- $0
- From related orgs
- $104,439
- Other
- $0
- Hours/week
- 1 + 39 related
-
Herman JiminianHERMAN JIMINIAN
TRUSTEE
- Total calculated
- $102,078
- From this org
- $0
- From related orgs
- $102,078
- Other
- $0
- Hours/week
- 1 + 39 related
-
Antionette AndersonANTIONETTE ANDERSON
TRUSTEE
- Total calculated
- $104,524
- From this org
- $0
- From related orgs
- $104,524
- Other
- $0
- Hours/week
- 1 + 39 related
-
Felix SanchezFELIX SANCHEZ
TRUSTEE
- Total calculated
- $104,389
- From this org
- $0
- From related orgs
- $104,389
- Other
- $0
- Hours/week
- 1 + 39 related
-
Ashaki AntoineASHAKI ANTOINE
TRUSTEE
- Total calculated
- $98,846
- From this org
- $0
- From related orgs
- $98,846
- Other
- $0
- Hours/week
- 1 + 39 related
-
Charles WingateCHARLES WINGATE
TRUSTEE
- Total calculated
- $78,129
- From this org
- $0
- From related orgs
- $78,129
- Other
- $0
- Hours/week
- 1 + 39 related
-
Edward YatesEDWARD YATES
TRUSTEE
- Total calculated
- $79,762
- From this org
- $0
- From related orgs
- $79,762
- Other
- $0
- Hours/week
- 1 + 39 related
-
Matthew RomanoMATTHEW ROMANO
TRUSTEE
- Total calculated
- $77,730
- From this org
- $0
- From related orgs
- $77,730
- Other
- $0
- Hours/week
- 1 + 39 related
-
Neil ReniosNEIL RENIOS
TRUSTEE
- Total calculated
- $94,730
- From this org
- $0
- From related orgs
- $94,730
- Other
- $0
- Hours/week
- 1 + 39 related
-
Angel CastroANGEL CASTRO
TRUSTEE
- Total calculated
- $106,625
- From this org
- $0
- From related orgs
- $106,625
- Other
- $0
- Hours/week
- 1 + 39 related
-
Amado RicoAMADO RICO
TRUSTEE
- Total calculated
- $42,758
- From this org
- $0
- From related orgs
- $42,758
- Other
- $0
- Hours/week
- 1 + 39 related
-
Maurice SmithMAURICE SMITH
TRUSTEE
- Total calculated
- $42,725
- From this org
- $0
- From related orgs
- $42,725
- Other
- $0
- Hours/week
- 1 + 39 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COBA ANNUITY FUND
401A · PROVIDE ANNUITY BENEFITS TO ELIGIBLE PARTICIPANTS · NY
-
501(C)3 · PROVIDE SCHOLARSHIP ASSISTANCE TO ELIGIBLE MEMBERS AND DEPENDENTS · NY
-
COBA SECURITY BENEFITS FUND - ACTIVES
501(C)9 · PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS · NY
-
COBA WIDOWS AND CHILDREN'S FUND
501(C)3 · PROVIDE FINANCIAL ASSISTANCE TO WIDOWS AND OR CHILDREN OF DECEASED MEMBERS · NY
-
501(C)5 · ORGANIZE AND REPRESENT EMPLOYEES OF NYC CORRECTIONS DEPARTMENT · NY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349318045
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