Public Employees Federation Membership Benefits Program
Public Employees Federation Membership Benefits Program maintains stable finances with consistent revenue and expense levels, and no reported officer compensation.
EIN: 133060718 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60.3M |
| Total Expenses | $27.1M |
| Program Spending | 90% |
| Net Assets | $21.2M |
| Transparency Score | 85/100 |
Is Public Employees Federation Membership Benefits Program Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Public Employees Federation Membership Benefits Program directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Public Employees Federation Membership Benefits Program
Public Employees Federation Membership Benefits Program (EIN: 133060718) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $60.3M and total assets of $26.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public Employees Federation Membership Benefits Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Public Employees Federation Membership Benefits Program is a major nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26.3M |
| Total Expenses | $27.1M |
| Surplus / Deficit | $-760,237 |
| Total Assets | $25.0M |
| Total Liabilities | $3.8M |
| Net Assets | $21.2M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Public Employees Federation Membership Benefits Program reported a deficit of $760K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Public Employees Federation Membership Benefits Program's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | +1.5% | -1.2% |
| 2022 | +3.4% | +4.0% | -7.0% |
| 2021 | +5.6% | -2.7% | +13.5% |
| 2020 | -1.7% | +0.7% | +0.6% |
| 2019 | +0.8% | +1.0% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Public Employees Federation Membership Benefits Program with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Public Employees Federation Membership Benefits Program allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $760K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either that no officers receive compensation directly from this entity or that compensation is managed through a related organization. This indicates a high level of transparency regarding direct compensation from this specific program.
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 Public Employees Federation Membership Benefits Program's IRS 990 filings:
- Minor operating deficits in some years (e.g., 2023 expenses exceeded revenue by $760,237)
Strengths
The following positive indicators were identified for Public Employees Federation Membership Benefits Program:
- Strong asset-to-liability ratio, indicating financial stability (e.g., 2023 assets of $24,985,841 against liabilities of $3,815,064)
- Consistent revenue and expense levels over a decade, suggesting stable operations
- 0% reported officer compensation, indicating transparency or alternative compensation structures
- Healthy asset base consistently above $23 million
Frequently Asked Questions about Public Employees Federation Membership Benefits Program
Is Public Employees Federation Membership Benefits Program a legitimate charity?
Public Employees Federation Membership Benefits Program (EIN: 133060718) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $60.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Public Employees Federation Membership Benefits Program spend its money?
Public Employees Federation Membership Benefits Program directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Public Employees Federation Membership Benefits Program tax-deductible?
Public Employees Federation Membership Benefits Program is registered as a tax-exempt nonprofit (EIN: 133060718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Public Employees Federation Membership Benefits Program's spending goes to programs?
Public Employees Federation Membership Benefits Program directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Public Employees Federation Membership Benefits Program located?
Public Employees Federation Membership Benefits Program is headquartered in Albany, New York and files with the IRS under EIN 133060718.
How many years of IRS 990 filings does Public Employees Federation Membership Benefits Program have?
Public Employees Federation Membership Benefits Program has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $60.3M in total revenue.
Is the Public Employees Federation Membership Benefits Program financially stable?
Yes, the organization appears financially stable. Its assets consistently outweigh liabilities by a significant margin (e.g., $24,985,841 in assets vs. $3,815,064 in liabilities in 2023), and while there are minor operating deficits in some years (e.g., 2023 expenses exceeded revenue by $760,237), these are not substantial enough to threaten overall solvency given its asset base.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have remained remarkably consistent over the past decade, generally fluctuating between $24 million and $27 million annually. There isn't a significant growth or decline trend, indicating a stable operational scale.
How does the organization manage executive compensation?
All available IRS 990 filings report 0% officer compensation. This suggests that either the officers are uncompensated volunteers, or their compensation is paid by a related entity and not directly by this program, which would require further investigation to fully understand the compensation structure.
Filing History
IRS 990 filing history for Public Employees Federation Membership Benefits Program showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Public Employees Federation Membership Benefits Program's revenue has grown by 12.8%, moving from $23.3M to $26.3M. Total assets increased by 11.6% over the same period, from $22.4M to $25.0M. Total functional expenses rose by 12.8%, from $24.0M to $27.1M. In its most recent filing year (2023), Public Employees Federation Membership Benefits Program reported a deficit of $760K, with expenses exceeding revenue. The organization holds $3.8M in liabilities against $25.0M in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $21.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26.3M | $27.1M | $25.0M | $3.8M | — | View 990 |
| 2022 | $27.8M | $26.7M | $25.3M | $2.7M | — | View 990 |
| 2021 | $26.9M | $25.7M | $27.2M | $2.5M | — | — |
| 2020 | $25.5M | $26.4M | $24.0M | $2.4M | — | — |
| 2019 | $25.9M | $26.2M | $23.8M | $2.3M | — | View 990 |
| 2018 | $25.7M | $25.9M | $24.4M | $2.2M | — | View 990 |
| 2017 | $25.8M | $25.5M | $25.0M | $2.6M | — | View 990 |
| 2016 | $24.4M | $24.9M | $23.5M | $2.1M | — | View 990 |
| 2015 | $24.5M | $24.4M | $25.2M | $2.0M | — | View 990 |
| 2014 | $25.1M | $22.6M | $23.9M | $1.3M | — | View 990 |
| 2013 | $22.4M | $22.2M | $22.1M | $2.6M | — | View 990 |
| 2012 | $23.6M | $24.0M | $21.1M | $1.5M | — | View 990 |
| 2011 | $23.3M | $24.0M | $22.4M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26.3M, expenses of $27.1M, and assets of $25.0M (revenue -5.4% year-over-year).
- 2022: Revenue of $27.8M, expenses of $26.7M, and assets of $25.3M (revenue +3.4% year-over-year).
- 2021: Revenue of $26.9M, expenses of $25.7M, and assets of $27.2M (revenue +5.6% year-over-year).
- 2020: Revenue of $25.5M, expenses of $26.4M, and assets of $24.0M (revenue -1.7% year-over-year).
- 2019: Revenue of $25.9M, expenses of $26.2M, and assets of $23.8M (revenue +0.8% year-over-year).
- 2018: Revenue of $25.7M, expenses of $25.9M, and assets of $24.4M (revenue -0.1% year-over-year).
- 2017: Revenue of $25.8M, expenses of $25.5M, and assets of $25.0M (revenue +5.8% year-over-year).
- 2016: Revenue of $24.4M, expenses of $24.9M, and assets of $23.5M (revenue -0.5% year-over-year).
- 2015: Revenue of $24.5M, expenses of $24.4M, and assets of $25.2M (revenue -2.4% year-over-year).
- 2014: Revenue of $25.1M, expenses of $22.6M, and assets of $23.9M (revenue +11.9% year-over-year).
- 2013: Revenue of $22.4M, expenses of $22.2M, and assets of $22.1M (revenue -5.2% year-over-year).
- 2012: Revenue of $23.6M, expenses of $24.0M, and assets of $21.1M (revenue +1.3% year-over-year).
- 2011: Revenue of $23.3M, expenses of $24.0M, and assets of $22.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Public Employees Federation Membership Benefits Program:
Data Sources and Methodology
This transparency report for Public Employees Federation Membership Benefits Program 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.