Ny44 Health Benefits Plan Tr
Ny44 Health Benefits Plan Tr consistently generates surpluses and holds no officer compensation.
EIN: 141886527 · West Seneca, NY · NTEE: Y44 · Updated: 2026-03-28
Is Ny44 Health Benefits Plan Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ny44 Health Benefits Plan Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ny44 Health Benefits Plan Tr
Ny44 Health Benefits Plan Tr (EIN: 141886527) is a nonprofit organization based in West Seneca, NY, classified under NTEE code Y44. The organization reported total revenue of $152.3M and total assets of $63.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ny44 Health Benefits Plan Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ny44 Health Benefits Plan Tr with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Ny44 Health Benefits Plan Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation is paid to officers, which is highly unusual for an organization of this size (latest revenue $152,301,820) and suggests a volunteer-led or externally managed structure for executive functions.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ny44 Health Benefits Plan Tr's IRS 990 filings:
- Significant fluctuation in annual revenue over the past decade, indicating potential instability in funding or membership.
Strengths
The following positive indicators were identified for Ny44 Health Benefits Plan Tr:
- Consistent financial surpluses, with revenues generally exceeding expenses (e.g., 202306: $126.8M revenue vs $119.4M expenses).
- Strong asset growth, increasing from $23.2M in 201906 to $74.7M in 202306, enhancing financial stability.
- Zero reported officer compensation across all filings, indicating high efficiency in executive overhead and strong commitment to mission spending.
- Manageable liabilities relative to assets, demonstrating a healthy balance sheet (e.g., 202306: $74.7M assets vs $15.1M liabilities).
Frequently Asked Questions about Ny44 Health Benefits Plan Tr
Is Ny44 Health Benefits Plan Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Ny44 Health Benefits Plan Tr (EIN: 141886527) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Ny44 Health Benefits Plan Tr spend its money?
Ny44 Health Benefits Plan Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ny44 Health Benefits Plan Tr tax-deductible?
Ny44 Health Benefits Plan Tr is registered as a tax-exempt nonprofit (EIN: 141886527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ny44 Health Benefits Plan Tr manage its executive functions without officer compensation?
The filings consistently show 0% officer compensation, which is highly unusual for an organization with over $100 million in annual revenue. This could imply that executive functions are performed by volunteers, through an external management agreement, or that compensation is categorized differently (e.g., as professional fees) and not reported as officer compensation.
What is the primary use of the organization's growing assets?
The assets have grown significantly from $23,278,561 in 201906 to $74,731,714 in 202306. As a health benefits plan, these assets likely serve as reserves to ensure the long-term solvency and ability to pay future health claims for its members.
Is the organization's revenue growth stable?
Revenue has fluctuated over the years, peaking at $272,511,235 in 201806 and then decreasing to $126,809,593 in 202306. While there's been a recent rebound from $123,095,182 in 202206, the trend is not consistently upward, suggesting variability in its funding or membership base.
Filing History
IRS 990 filing history for Ny44 Health Benefits Plan Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Ny44 Health Benefits Plan Tr's revenue has grown by 26.3%, moving from $100.4M to $126.8M. Total assets increased by 340.7% over the same period, from $17.0M to $74.7M. Total functional expenses rose by 23.1%, from $97.0M to $119.4M. In its most recent filing year (2023), Ny44 Health Benefits Plan Tr reported a surplus of $7.4M, with revenue exceeding expenses. The organization holds $15.1M in liabilities against $74.7M in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $59.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $126.8M | $119.4M | $74.7M | $15.1M | — | View 990 |
| 2022 | $123.1M | $117.4M | $65.6M | $13.0M | — | View 990 |
| 2021 | $129.1M | $119.1M | $56.5M | $8.6M | — | View 990 |
| 2019 | $196.9M | $178.3M | $23.3M | $15.3M | — | View 990 |
| 2018 | $272.5M | $268.7M | $14.5M | $25.1M | — | View 990 |
| 2017 | $248.0M | $254.0M | $14.1M | $28.4M | — | View 990 |
| 2016 | $221.3M | $232.1M | $13.7M | $21.7M | — | View 990 |
| 2015 | $193.0M | $206.9M | $16.1M | $13.4M | — | View 990 |
| 2014 | $161.6M | $160.5M | $28.0M | $11.2M | — | View 990 |
| 2013 | $127.5M | $119.6M | $27.0M | $11.3M | — | View 990 |
| 2012 | $100.4M | $97.0M | $17.0M | $8.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126.8M, expenses of $119.4M, and assets of $74.7M (revenue +3.0% year-over-year).
- 2022: Revenue of $123.1M, expenses of $117.4M, and assets of $65.6M (revenue -4.7% year-over-year).
- 2021: Revenue of $129.1M, expenses of $119.1M, and assets of $56.5M (revenue -34.4% year-over-year).
- 2019: Revenue of $196.9M, expenses of $178.3M, and assets of $23.3M (revenue -27.7% year-over-year).
- 2018: Revenue of $272.5M, expenses of $268.7M, and assets of $14.5M (revenue +9.9% year-over-year).
- 2017: Revenue of $248.0M, expenses of $254.0M, and assets of $14.1M (revenue +12.1% year-over-year).
- 2016: Revenue of $221.3M, expenses of $232.1M, and assets of $13.7M (revenue +14.7% year-over-year).
- 2015: Revenue of $193.0M, expenses of $206.9M, and assets of $16.1M (revenue +19.4% year-over-year).
- 2014: Revenue of $161.6M, expenses of $160.5M, and assets of $28.0M (revenue +26.7% year-over-year).
- 2013: Revenue of $127.5M, expenses of $119.6M, and assets of $27.0M (revenue +27.0% year-over-year).
- 2012: Revenue of $100.4M, expenses of $97.0M, and assets of $17.0M.
Data Sources and Methodology
This transparency report for Ny44 Health Benefits Plan Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.