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Retiree Health And Welfare Fund Of The Police Benevolent Association

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Summary charts: organization finances over time

Revenue
$85M (2023)

Expenses
$46.8M (2023)

Total Assets
$217M (2023)

Total Liabilities
$2.13M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$84,973,812
Expenses
$46,849,183
Net Income
$38,124,629
Net Assets
$214,482,195
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $80,939,292
95.3%
Investment Income $4,033,405
4.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,115
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $144,829
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,068,167
2.3%
Assets/Debt
Total Assets $216,613,731
Total Liabilities $2,131,536
Net Assets $214,482,195
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Administrator) $116,814 $282,814 $71,713
Keith Owen (Asst. Funds Admin.) $80,954 $84,258 $60,991
Monita Wong (Controller) $48,379 $98,648 $59,357
Gregory Aristilde (It Director) $41,262 $106,357 $29,566
Vicki Trickett (Sql Dba & Developer) $40,382 $104,048 $29,287
Niveen Mansour (Senior Accountant) $28,720 $108,046 $28,496
Patrick J Lynch (Trustee) $0 $109,912 $0
John P Puglissi (Trustee) $0 $95,344 $0
Joseph A Alejandro (Trustee) $0 $85,631 $0
Patrick G Hendry (Trustee) $0 $85,631 $0
Daniel J Tirelli (Trustee) $0 $85,631 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,884,482
Expenses
$36,543,454
Net Income
$17,341,028
Net Assets
$177,812,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,103,000
96.7%
Investment Income $1,772,172
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,310
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $144,588
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,232,633
3.4%
Assets/Debt
Total Assets $181,884,705
Total Liabilities $4,072,277
Net Assets $177,812,428
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Administrator) $113,626 $275,378 $70,057
Keith Owen (Asst. Funds Admin.) $76,542 $79,665 $57,783
Monita Wong (Controller) $50,402 $88,898 $56,261
Gregory Aristilde (It Director) $39,324 $100,504 $27,708
Vicki Trickett (Sql Dba & Developer) $39,308 $100,535 $27,718
Niveen Mansour (Senior Accountant) $28,360 $96,139 $26,296
Patrick J Lynch (Trustee) $0 $109,912 $0
John P Puglissi (Trustee) $0 $95,344 $0
Joseph A Alejandro (Trustee) $0 $85,631 $0
Patrick G Hendry (Trustee) $0 $85,631 $0
Daniel J Tirelli (Trustee) $0 $85,631 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$54,323,145
Expenses
$26,605,532
Net Income
$27,717,613
Net Assets
$167,364,773
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,662,864
96.9%
Investment Income $1,659,917
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $364
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $136,016
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,248,647
4.7%
Assets/Debt
Total Assets $171,668,298
Total Liabilities $4,303,525
Net Assets $167,364,773
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Administrator) $114,985 $278,945 $68,621
Keith Owen (Asst. Funds Admin.) $75,268 $78,340 $55,523
Geraldine Hennessy (General Mgr) $69,441 $66,717 $41,401
Monita Wong (Controller) $49,487 $89,987 $54,249
Vicki Trickett (Sql Dba & Developer) $37,742 $102,041 $27,034
Gregory Aristilde (It Director) $37,449 $101,253 $26,904
Patrick J Lynch (Trustee) $0 $110,896 $0
John P Puglissi (Trustee) $0 $95,835 $0
Joseph A Alejandro (Trustee) $0 $86,123 $0
Patrick G Hendry (Trustee) $0 $86,123 $0
Daniel J Tirelli (Trustee) $0 $86,123 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$54,522,201
Expenses
$40,546,788
Net Income
$13,975,413
Net Assets
$139,658,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $51,940,713
95.3%
Investment Income $2,538,980
4.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,508
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $132,725
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,220,862
3.0%
Assets/Debt
Total Assets $143,558,256
Total Liabilities $3,899,981
Net Assets $139,658,275
Compensation
Key Employees and Officers Compensation Related Other
David M Nicholson (Funds Administrator) $108,732 $263,962 $62,755
Keith Owen (Asst Funds Admin.) $70,122 $72,985 $50,518
Geraldine Hennessy (General Mgr) $63,861 $61,356 $44,207
Monita Wong (Controller) $53,112 $77,364 $49,358
Vicki Trickett (Sql Dba & Developer) $36,911 $92,840 $24,795
Gregory Aristilde (Senior Analyst) $36,901 $92,814 $24,674
Patrick J Lynch (Trustee) $0 $109,912 $0
John Puglissi (Trustee) $0 $95,344 $0
Joseph A Alejandro (Trustee) $0 $85,631 $0
Patrick G Hendry (Trustee) $0 $85,631 $0
Daniel J Tirelli (Trustee) $0 $85,631 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,141,085
Expenses
$35,644,509
Net Income
$19,496,576
Net Assets
$123,611,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,258,793
94.8%
Investment Income $2,242,514
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $639,778
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,096
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,217,240
3.4%
Assets/Debt
Total Assets $126,634,995
Total Liabilities $3,023,129
Net Assets $123,611,866
Compensation
Key Employees and Officers Compensation Related Other
David M Nicholson (Funds Administrator) $106,863 $259,410 $61,047
David Hirschland (Assistant Fund Administrator) $63,084 $81,351 $12,502
Geraldine Hennessy (General Mgr) $61,434 $60,176 $47,153
Keith Owen (Senior Analyst) $60,727 $63,206 $47,477
Monita Wong (Controller) $52,857 $72,993 $47,630
Vicki Trickett (Sql Dba & Developer) $37,785 $88,164 $23,991
Patrick J Lynch (Trustee) $0 $109,912 $0
John Puglissi (Trustee) $0 $95,344 $0
Joseph A Alejandro (Trustee) $0 $85,631 $0
Daniel J Tirelli (Trustee) $0 $85,631 $0
Mubarak Abdul Jabbar (Trustee (Thru 11 2018)) $0 $84,647 $0
Patrick G Hendry (Trustee) $0 $60,450 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,668,760
Expenses
$35,554,799
Net Income
$18,113,961
Net Assets
$102,435,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,549,733
97.9%
Investment Income $1,117,773
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,254
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $127,035
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,212,503
3.4%
Assets/Debt
Total Assets $105,246,533
Total Liabilities $2,811,061
Net Assets $102,435,472
Compensation
Key Employees and Officers Compensation Related Other
David M Nicholson (Funds Administrator) $104,258 $253,018 $57,903
David Hirschland (Assistant Fund Administrator) $70,782 $97,746 $14,253
Geraldine Hennessy (General Manager) $59,657 $58,516 $44,015
Keith Owen (Senior Analyst) $58,388 $60,771 $44,225
Monita Wong (Controller) $51,077 $70,534 $44,428
Vicki Trickett (Sql Dba & Developer) $36,691 $85,613 $22,674
Patrick J Lynch (Trustee) $0 $123,939 $0
John Puglissi (Trustee) $0 $107,266 $0
Joseph A Alejandro (Trustee) $0 $96,151 $0
Mubarak Abdul Jabbar (Trustee) $0 $96,151 $0
Daniel J Tirelli (Trustee) $0 $82,115 $0
Robert W Zink (Trustee (Thru 5 2018)) $0 $46,281 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$61,475,572
Expenses
$37,588,687
Net Income
$23,886,885
Net Assets
$84,997,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $60,745,563
98.8%
Investment Income $669,942
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $60,067
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,529
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,168,754
3.1%
Assets/Debt
Total Assets $87,865,650
Total Liabilities $2,868,155
Net Assets $84,997,495
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Admini) $104,161 $243,041 $52,014
David Hirschland (Asst. Fund A) $72,076 $88,445 $13,840
Geraldine Hennessy (General Mgr) $60,228 $56,753 $12,103
Monita Wong (Controller) $49,794 $68,764 $38,236
Matthew Clark (It Director) $44,519 $94,865 $31,801
Vicki Trickett (Sql Dba & De) $34,035 $85,197 $19,916
Patrick J Lynch (Trustee) $0 $108,316 $0
John Puglissi (Trustee) $0 $93,987 $0
Joseph A Alejandro (Trustee) $0 $84,434 $0
Mubarak Abdul Jabbar (Trustee) $0 $84,434 $0
Robert W Zink (Trustee) $0 $84,434 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,440,710
Expenses
$38,788,919
Net Income
$7,651,791
Net Assets
$61,489,740
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $45,859,229
98.7%
Investment Income $465,365
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $116,116
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,427
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,231,932
3.2%
Assets/Debt
Total Assets $64,310,172
Total Liabilities $2,820,432
Net Assets $61,489,740
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Admini) $100,320 $234,081 $49,820
David Hirschland (Asst. Fund A) $75,236 $80,721 $13,439
Geraldine Hennessy (General Mgr) $59,119 $55,638 $11,812
Monita Wong (Controller) $50,494 $65,724 $35,939
Matthew Clark (It Director) $47,012 $89,321 $30,092
Vicki Trickett (Sql Dba & De) $31,556 $85,317 $18,941
Patrick J Lynch (Trustee) $0 $98,166 $0
John Puglissi (Trustee) $0 $85,360 $0
Joseph A Alejandro (Trustee) $0 $76,822 $0
Mubarak Abdul Jabbar (Trustee) $0 $76,822 $0
Robert W Zink (Trustee) $0 $76,822 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,022,848
Expenses
$37,795,446
Net Income
$10,227,402
Net Assets
$53,699,919
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $47,754,619
99.4%
Investment Income $268,229
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $112,892
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,227,905
3.2%
Assets/Debt
Total Assets $56,856,256
Total Liabilities $3,156,337
Net Assets $53,699,919
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Admini) $103,702 $220,856 $46,754
David Hirschland (Asst. Fund A) $74,332 $78,930 $13,204
Geraldine Hennessy (General Mgr) $55,995 $53,799 $29,470
Monita Wong (Controller) $50,893 $62,202 $33,738
Matthew Clark (It Director) $46,442 $86,249 $28,463
Vicki Trickett (Sql Dba & De) $30,117 $83,462 $18,021
Patrick J Lynch (Trustee) $0 $98,166 $0
John Puglissi (Trustee) $0 $85,360 $0
Joseph A Alejandro (Trustee) $0 $76,822 $0
Mubarak Abdul Jabbar (Trustee) $0 $76,822 $0
Robert W Zink (Trustee) $0 $76,822 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,021,722
Expenses
$41,335,837
Net Income
$3,685,885
Net Assets
$43,510,299
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $44,725,679
99.3%
Investment Income $245,882
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50,161
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,880
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,251,307
3.0%
Assets/Debt
Total Assets $46,708,963
Total Liabilities $3,198,664
Net Assets $43,510,299
Compensation
Key Employees and Officers Compensation Related Other
David Nicholson (Funds Admini) $101,308 $205,199 $45,183
David Hirschland (Asst. Fund A) $71,950 $79,433 $13,037
Geraldine Hennessy (General Mgr) $54,629 $52,487 $31,128
Monita Wong (Controller) $49,491 $60,490 $31,452
Matthew Clark (It Director) $45,382 $84,281 $26,849
Vicki Trickett (Sql Dba & De) $28,345 $82,748 $17,126
Patrick J Lynch (Trustee) $0 $98,166 $0
John Puglissi (Trustee) $0 $85,360 $0
Joseph A Alejandro (Trustee) $0 $76,822 $0
Mubarak Abdul Jabbar (Trustee) $0 $76,822 $0
Robert W Zink (Trustee) $0 $76,822 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,626,771
Expenses
$40,377,740
Net Income
$4,249,031
Net Assets
$39,805,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $44,080,041
98.8%
Investment Income $293,222
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $253,508
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $109,323
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,208,999
3.0%
Assets/Debt
Total Assets $43,191,066
Total Liabilities $3,385,382
Net Assets $39,805,684

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,011,205
Expenses
$45,131,789
Net Income
-$120,584
Net Assets
$35,706,177
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $44,680,865
99.3%
Investment Income $177,094
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $153,246
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,956
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,148,701
2.5%
Assets/Debt
Total Assets $39,197,893
Total Liabilities $3,491,716
Net Assets $35,706,177

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,976,888
Expenses
$42,153,670
Net Income
$3,823,218
Net Assets
$35,851,095
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $45,865,794
99.8%
Investment Income $41,594
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $69,500
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $105,028
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,101,017
2.6%
Assets/Debt
Total Assets $39,300,884
Total Liabilities $3,449,789
Net Assets $35,851,095

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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