Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: CONTRIBUTION FROM NYC

  total $67,068,476 · related or exempt $67,068,476

• 2b · Program service revenue: COBRA PREMIUM COLLECTED

  total $132,970 · related or exempt $132,970

• 3 · Investment income

  total $2,961,286 · excluded $2,961,286

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $1,115 · excluded $1,115

• 11e · Other revenue, total

  $1,115

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $30,368,491

• 5 · Compensation of officers, directors and key employees

  total $147,243

• 7 · Other salaries and wages

  total $1,011,114

• 8 · Pension plan contributions

  total $87,067

• 9 · Other employee benefits

  total $593,640

• 10 · Payroll taxes

  total $89,752

• 11a · Fees: management

  total $4,648

• 11b · Fees: legal

  total $128,520

• 11c · Fees: accounting

  total $72,254

• 11g · Fees: other

  total $19,918

• 13 · Office expenses

  total $37,166

• 14 · Information technology

  total $111,280

• 16 · Occupancy

  total $304,196

• 22 · Depreciation, depletion and amortization

  total $17,360

• 23 · Insurance

  total $51,373

• 24a · Other expenses: BENEFIT EXP REIMBURSEME

  total $4,845,197

• 24b · Other expenses: BENEFIT ADMIN. EXPENSE

  total $528,785

• 24c · Other expenses: SUBSCRIPTION FEE

  total $710

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,406,054 · end of year $2,238,195

• 2 · Savings and temporary cash investments

  beginning of year $26,065,299 · end of year $31,480,593

• 9 · Prepaid expenses and deferred charges

  beginning of year $101,255 · end of year $86,182

• 10a · Land, buildings and equipment: cost or other basis

  $1,094,240

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,056,035

• 10c · Land, buildings and equipment, net

  beginning of year $84,865 · end of year $38,205

• 11 · Investments: publicly traded securities

  beginning of year $90,664,199 · end of year $91,763,842

• 15 · Other assets

  beginning of year $7,884,159 · end of year $32,973,891

• 17 · Accounts payable and accrued expenses

  beginning of year $2,069,478 · end of year $1,023,641

• 25 · Other liabilities

  beginning of year $389,977 · end of year $2,012,107

• 29 · Capital stock, trust principal or current funds

  beginning of year $124,746,376 · end of year $155,545,160

• 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 $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

EACH YEAR THE BOARD APPROVES THE SALARIES OF ALL EMPLOYEES OF THE ORGANIZATION. THE APPROVAL PROCESS INCLUDES A DISCUSSION OF PERFORMANCE AND REVIEW OF SALARIES FOR COMPARABLE POSITIONS IN COMPARABLE ORGANIZATIONS. SALARY ADJUSTMENTS ARE DIRECTED BY THE BOARD.