Cca Security Benifits Fund is located in Flushing, NY. The organization was established in 1965. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2023, Cca Security Benifits Fund employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cca Security Benifits Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2023, Cca Security Benifits Fund generated $962.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH AND OTHER BENEFITS TO COVERED PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HEALTH AND OTHER BENEFITS TO COVERED PARTICIPANTS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Patrick Ferraiuolo Trustee  | Trustee | 5 | $4,528 | 
Paul Idlett Trustee  | Trustee | 2 | $3,170 | 
Otis Blount Trustee  | Trustee | 2 | $1,811 | 
Lawrence Debianchi Trustee  | Trustee | 2 | $3,170 | 
Jahaira Almodovar Trustee  | Trustee | 2 | $1,358 | 
Terri Porter Trustee  | Trustee | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $0 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $872,965 | 
| Investment income | $75,503 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $13,534 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $962,002 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $1,315,046 | 
| Compensation of current officers, directors, key employees. | $4,679 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $616 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $15,225 | 
| Fees for services: Accounting | $13,000 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $9,849 | 
| Fees for services: Other | $76,802 | 
| Advertising and promotion | $0 | 
| Office expenses | $1,856 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $13,028 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $1,679 | 
| All other expenses | $0 | 
| Total functional expenses | $1,729,888 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,293 | 
| Savings and temporary cash investments | $102,162 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $183,256 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $1,905 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $1,518,183 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $18,536 | 
| Total assets | $2,016,335 | 
| Accounts payable and accrued expenses | $7,433 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $482,055 | 
| Total liabilities | $489,488 | 
| Net assets without donor restrictions | $0 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $1,526,847 | 
| Total liabilities and net assets/fund balances | $2,016,335 |