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VOLUNTEERS & EXEMPT FIREMENS BENEVOLENT ASSOCIATION OF LYNBROOK

LYNBROOK, NY · EIN 116021227 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$328K
expenses
$172K
net assets
$2.4M
employees
0
program ratio
86%
mission · from form 990

ASSOCIATION IS FOR THE BENEFIT OF OUR MEMBERS IN THEIR TIME OF NEED IE: FINANCIAL CRISIS DEATH DISABILITY AND THEIR FAMILIES GENERAL WELFARE

profile · synthesized from sources

Volunteers & Exempt Firemens Benevolent Association of Lynbrook is a mutual aid society supporting volunteer and exempt firefighters and their families in times of financial hardship, disability, or death. The organization provides direct benefits including eyeglass coverage and reimbursement for non-covered medical and dental prescription expenses to its members in Lynbrook, New York.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $27K
    EYEGLASS PROGRAM - APPROXIMATELY 320 MEMBERS ARE COVERED BY THIS PROGRAM WHICH PROVIDES THEM WITH EYEGLASS COVERAGE FOR THE MEMBER AND HIS HER FMILY
  2. #2 $62K
    PRESCRIPTION PROGRAM: 200 MEMBERS SUBMITTED CLAIMS FOR THEIR NON-COVERED PRESCRIPTION MEDICAL & DENTAL EXPENSES AND THE ASSOCIATION REIMBURSED THE MEMBER UP TO $300
named programs · 2 · from sources

What they call their work

Eyeglass Program
Provides eyeglass coverage for approximately 320 members and their families
Prescription Program
Reimburses members up to $300 for non-covered prescription, medical, and dental expenses; served 200 members in 2024
activities · 1 group

What they do

  • Union and Association Benefit Funds 2 activities
    • Provides eyeglass coverage for members and their families
      Offers eyeglass coverage to approximately 320 members and their dependents as a direct benefit.
    • Reimburses members for non-covered medical, dental, and prescription expenses
      Provides reimbursement of up to $300 per member for non-covered medical, dental, and prescription costs; 200 members participated in 2024.
financials · form 990 · fy2024
revenue
Total revenue$328K
Contributions & grants$2000%
Program service revenue$00%
Investment income$190K58%
Other revenue$138K
expenses
Total expenses$172K
Program expenses86%
Admin / overhead14%
Fundraising0%
Salaries & benefits$5K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.41M
Cash$223K
Investments$2.18M
Liabilities$0
Net assets$2.41M
Liquid reserves167.7 mo
5 years on record · 2020–2024 · YoY revenue -0.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
EDWARD MURPHY TREASURER 5 $2K
KENNETH O'CONNOR SECRETARY 3 $2K
STEVEN LIGUORI FINANCIAL SECRETARY 2 $2K
board members · 9
  • EDWARD HYNES — TRUSTEE
  • JENNIFER OLIVERA — TRUSTEE
  • JOHN DONALD — TRUSTEE
  • KATIE DUBOSE — VICE PRESIDENT
  • MICHAEL BROOKS — TRUSTEE
  • RAYMOND BURKE — TRUSTEE
  • RICHARD CROWLEY — TRUSTEE
  • WILLIAM ABRAMS — TRUSTEE
  • WILLIAM DAUSCHER — PRESIDENT
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.