Retired Police Association State of New York Inc

Nonprofit profile at a glance

EIN
510203865
IRS 990 coverage
2010–2023
Forms available
Form 990 2023, Form 990-N 2020
Location
Carle Place, NY, USA
Phone
5162944488
Rating confidence
Limited

Reported finances

Revenue
$252,231
Expenses
$289,786
Assets
$746,453
Liabilities
$213,991

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • KEVIN HASSETT (PRESIDENT)

People named in this filing

  • KEVIN HASSETT (PRESIDENT)
  • MICHAEL FERRANOLA (1ST VICE PRES- RESIGN 12/31/23)
  • FLORA D STERN (1ST VICE PRES- START 12/31/23)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization was established for the following purposes, goals, and objectives: to promote unity, friendship and good will between the active police officer and retired police officers for their mutual benefit; to promote fellowship, good will and cooperation between the members for their mutual benefit; to promote fellowship, good will and cooperation between the members of this association and the public at large; to preserve and protect the New York state and New York city retirement systems for retired police officers and their beneficiaries; to monitor and report to the membership regarding any activities of any organization, municipality or state which may affect the retired police officers or their retirement system.

What it reported doing in 2023

The organization was established for the following purposes, goals, and objectives: to promote unity, friendship and good will between the active police officer and retired police officers for their mutual benefit; to promote fellowship, good will and cooperation between the members for their mutual benefit; to promote fellowship, good will and cooperation between the members of this association and the public at large; to preserve and protect the New York state and New York city retirement systems for retired police officers and their beneficiaries; to monitor and report to the membership regarding any activities of any organization, municipality or state which may affect the retired police officers or their retirement system; to serve as an advisor association when requested to do so by any existing police officer or retired police officer associated within the state of New York, upon application and approval of the executive board of officers; to insure the equitable and responsive disbursements of monies of the New York state retirement system to its members and their beneficiaries; to establish representation with collective bargaining units of the active police organizationsw to obtain benefits from contract negotiations as may be provided by law, for retiring police officers, retired police officers and members of the association and their beneficiaries as required; to provide a means of communications and education as well as action between the members of the the association and others.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 84
  • Accountability: 82
  • Sustainability: 38
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 87.7%; rating input score 88; 52nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -14.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 2.58; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 14 of 14 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 12 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.