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EIN 86-1830285

Nyspia Health and Welfare Fund

IRS 501(c) type
501(c)(9)
Num. employees
0
City
Albany
State
New York
Year formed
2021
Most recent tax filings
2022-12-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
The Nyspia Health and Welfare Fund provides health and welfare benefits to employees and retired employees. The trustees create, establish, and maintain the Trust Fund, agreeing to receive funds from the State of New York to hold and administer it through self-administration for the purpose of delivering certain welfare benefits. Additionally, the trustees have adopted a medical expense reimbursement plan to reimburse medical expenses of retired employees, qualifying it as a Health Reimbursement Arrangement as defined by IRS Notice 2002-45.
Related structure
Nyspia Health and Welfare Fund is a subordinate organization under New York State Police Investigators Association.
Total revenues
$647,566
2022
Total expenses
$16,002
2022
Total assets
$3,957,867
2022
Num. employees
0
2022

Program areas at Nyspia Health and Welfare Fund

The trustees have adopted the medical expense reimbursement plan (the plan) to provide for the reimbursement of medical expenses of retired employees. The plan is intended to qualify as a Health reimbursement arrangement as defined by irs notice 2002-45. The organization is funded by employer contributions required under prior and future collective bargaining agreements. The plan will be administered by the trustees with assistance from union staff.

Who funds Nyspia Health and Welfare Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lanza Family FoundationGeneral Operating Support$2,500

Financials for Nyspia Health and Welfare Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$544,568
Investment income and dividends$59,868
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$43,130
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$647,566

Form 990s for Nyspia Health and Welfare Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122024-06-19990View PDF
2021-122024-06-19990View PDF
Data update history
August 1, 2024
Used new vendors
Identified 2 new vendors, including , and
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $2,500 from Lanza Family Foundation
Nonprofit Types
Fraternal societiesMutual assistance organizationsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelNo full-time employees
General information
Address
421 Loudon Rd
Albany, NY 12211
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Website URL
nyspia.org/ 
Phone
(518) 436-0120
IRS details
EIN
86-1830285
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Subordinate organization
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