National Hockey League Players' Health and Benefits Fund

Nonprofit profile at a glance

EIN
020758876
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Pittsburgh, PA, USA
Phone
4127137961
Rating confidence
Limited
Sector
Voluntary Employees Beneficiary Associations (Government)

Reported finances

Revenue
$50,765,450
Expenses
$51,354,026
Assets
$54,653,579
Liabilities
$5,790,225

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • CRAIG HARNETT (TRUSTEE)
  • KIM MURDOCH (TRUSTEE)
  • JOE REEKIE (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The fund provides health and welfare benefits to current and former nhl players and their eligible dependents pursuant to a collective bargaining agreement.

What it reported doing in 2024

The organization serves as a funding medium for certain self-insured benefits that are provided under the national hockey league players' health and benefits fund. Active nhl players are automatically covered by health insurance that is provided by the organization whereas coverage for retired players is on an elective and self-pay basis. In addition, coverage is provided for nhlpa staff. The organization covers all reasonable and customary medical expenses incurred by the participants, including their eligible dependents, as a direct result of injury or illness. Active nhl players and their eligible dependents are automatically covered by dental insurance provided by the fund. The dental insurance covers all eligible dental expenses.

Operating model

Revenue model
Earned-program. 97% 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 50
  • Accountability: 24
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.2%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.6% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 21.4% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 4 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Highest-paid contractors: 4 contractors listed · $1.7M reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 4 filed schedules · includes foreign activity
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 22/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.