St Lukes Nurses Benefit Fund
- Assets
- $411.7k
- Revenue
- $28.5k
- Investments
- $385.4k
- Employees
- 0
- Location
- Rye, NY
- Founding
- 10/1975
- Data as of
- 06/2021
- EIN
- 13-6164433
Organization Overview
St Lukes Nurses Benefit Fund is located in Rye, NY. The organization was established in 1975. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Lukes Nurses Benefit Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, St Lukes Nurses Benefit Fund generated $28.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 63.5% each year . All expenses for the organization totaled $36.1k during the year ending 06/2021. While expenses have increased by 10.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, St Lukes Nurses Benefit Fund has awarded 44 individual grants totaling $110,363. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Kipp Trustee | 1.5 | $0 | |
Nancy Panella Trustee | 1.5 | $0 | |
Barbara Dennis Trustee | 1.5 | $0 | |
Lee Carr Trustee | 1.5 | $0 | |
Jean Sanchez Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $501 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,887 |
| Capital Gain Net Income | $18,887 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,504 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $10,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,291 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,923 |
| Total operating and administrative expenses | $15,808 |
| Contributions, gifts, grants paid | $20,295 |
| Total expenses and disbursements | $36,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,630 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $11,925 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $685 |
| Total assets | $411,678 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $397 |
| Total liabilities | $397 |
Grants Awarded
Over the last fiscal year, St Lukes Nurses Benefit Fund has awarded $40,590 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CAROLYN GANGI PURPOSE: GRANT | $5,000 |
CAROLYN GANGI PURPOSE: GRANT | $5,000 |
LESLIE COUNTY ATC CO AMANDA COLLETT PURPOSE: SCHOLARSHIPS | $3,000 |
SKC FOUNDATION PURPOSE: SCHOLARSHIPS | $3,000 |
MARY BRECKENRIDGE PURPOSE: GRANT | $3,000 |
SKC FOUNDATION PURPOSE: GENERAL NEEDS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cement Masons-592 Welfare Fund Philadelphia, PA | $28,352,479 | $12,285,764 |
Massachusetts Insurers Insolvency Fund Boston, MA | $220,667,916 | $27,762,839 |
Pennsylvania Property And Casualty Insurance Guaranty Association Philadelphia, PA | $159,227,112 | $35,772,841 |
Itpe-Meba Nmu Annual Benefit Fund Cranford, NJ | $11,873,942 | $10,884,935 |
Pittsburgh Building Owners Welfare Fund Pittsburgh, PA | $5,835,714 | $9,211,628 |
Virginia Property And Casualty Insurance Luaranty Association Boston, MA | $164,456,339 | $15,741,691 |
House Staff Benefits Plan Of The Cir Long Island City, NY | $16,739,993 | $8,532,681 |
Massachusetts Credit Union Share Insurance Corporation Newton, MA | $143,887,479 | $8,027,079 |
Freelancers Consumer Operated And Oriented Program Of New Jersey Inc Cedar Knolls, NJ | $64,066,743 | $67,961,148 |
Pmta-Ila Vacation Fund Cherry Hill, NJ | $9,587,968 | $9,347,330 |
Workers Compensation Research Institute Cambridge, MA | $14,727,537 | $8,149,473 |
Electricians Welfare Fund-No 81 Scranton, PA | $15,969,478 | $8,238,937 |