Retired Public Employees Association Inc is located in Troy, NY. The organization was established in 2004. According to its NTEE Classification (Y30) the organization is classified as: Pension & Retirement Funds, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 09/2022, Retired Public Employees Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retired Public Employees Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Retired Public Employees Association Inc generated $585.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $695.4k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS ENGAGED IN THE PROTECTION OF BENEFITS FOR RETIRED PUBLIC EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION IS ENGAGED IN THE PROTECTION OF BENEFITS FOR RETIRED PUBLIC EMPLOYEES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Dorn Trustee | Trustee | 5 | $0 |
Barry Isenberg 1st Vice-President | OfficerTrustee | 5 | $0 |
Thomas Lally Treasurer | OfficerTrustee | 5 | $0 |
Mark Rosenholz Assistant Secretary | OfficerTrustee | 5 | $0 |
Jody Fox Trustee | Trustee | 5 | $0 |
Edward Brown Assistant Treasurer | OfficerTrustee | 5 | $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 | $492,772 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,772 |
| Total Program Service Revenue | $0 |
| Investment income | $24,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $17,522 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,910 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $585,633 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $88,422 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,198 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,144 |
| Payroll taxes | $21,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $35,000 |
| Fees for services: Fundraising | $57,409 |
| Fees for services: Investment Management | $11,657 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,098 |
| Information technology | $5,106 |
| Royalties | $0 |
| Occupancy | $47,045 |
| Travel | $3,404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,158 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,627 |
| Insurance | $6,606 |
| All other expenses | $9,994 |
| Total functional expenses | $695,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125 |
| Savings and temporary cash investments | $120,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,505 |
| Net Land, buildings, and equipment | $22,484 |
| Investments—publicly traded securities | $1,199,706 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,702 |
| Total assets | $1,349,646 |
| Accounts payable and accrued expenses | $32,659 |
| 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 | $390,378 |
| Total liabilities | $423,037 |
| Net assets without donor restrictions | $926,609 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,349,646 |
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Retired Public Employees Association Inc Troy, NY | $1,349,646 | $585,633 |
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