Correction Captains Association Inc
Nonprofit profile at a glance
- EIN
- 133035012
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Flushing, NY, USA
- Phone
- 7182430222
- Rating
- 28
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Labor Unions
Reported finances
- Revenue
- $1,301,793
- Expenses
- $1,503,090
- Assets
- $2,869,100
- Liabilities
- $652,153
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Patrick Ferraiuolo (President)
Highest reported compensation
- Patrick Ferraiuolo (President): $99,272 total reported compensation
- Paul Idlett (1ST VP): $68,615 total reported compensation
- Joseph Ferramosca (Leg. Chairman): $63,129 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide collective bargaining representation to members.
What it reported doing in 2024
Provided collective bargaining representation to members.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 74
- Accountability: 9
- Sustainability: 29
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 48.3%; rating input score 48; 28th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -15.5%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 25%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.3% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 0 of 8 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $99K · 8 people listed
- Highest-paid contractors: 2 contractors listed · $241K reported
- Consistency: 15 of 17 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 7 of 9 not reported.
- Moderate — Transparency & Controls: Grant itemization coverage scored 48/100.
- High — Sustainability: Operating margin scored 12/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.