New York State Retirees Public Employees Federation Afl-cio

Nonprofit profile at a glance

EIN
222518068
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Latham, NY, USA
Phone
5187851900
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,134,020
Expenses
$585,439
Assets
$4,011,352
Liabilities
$33,104

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JAMES CARR (PRESIDENT)
  • KAREN DANISH (VICE PRESIDENT)
  • MARK GRASMEYER (VICE PRESIDENT)

People named in this filing

  • JAMES CARR (PRESIDENT)
  • KAREN DANISH (VICE PRESIDENT)
  • MARK GRASMEYER (VICE PRESIDENT)

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 public employees federation retirees afl/cio exists to promote the welfare of its members by representing them with respect to all terms and conditions of retirement. The pef retirees shall support and defend all interest of state retirees, including but not limited to securing economic advantage, organizing and uniting in this organization all New York state retirees, cooperating with and assisting other labor organizations or groups whose objectives are consistent with those of the organization, promoting the aims and objectives of the public employees federation, strengthening and safeguarding this organization by every means so that it may carry out its purposes, objectives and obligations. Utilizing in every way the property and funds of this organization in order to achieve its purposes and objectives and perform it obligations, and for such other purposes directly or indirectly furthering the interests of this organization and its members.

What it reported doing in 2024

The New York state retirees public employees federation, afl-cio identified issues concerning its approximately 20,100 members' pension and health care security, educated members to enhance their retirement, provided access to low cost membership benefits, adovacted and lobbied on behalf of members on matters of economic security, worked in support of candidates for public office, and coordinated with other organizations in furtherance of its mission.

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.7%; rating input score 46
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 48.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 6.85; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -0.2% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 17.1% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 45.7% of revenue deployed · 100% of spending went to programs
  • Governance: 12 of 12 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $585K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.