Transit Managerial Benevolent Association Inc
- Assets
- $178.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Whitestone, NY
- Founding
- 04/1994
- EIN
- 11-3157910
Organization Overview
Transit Managerial Benevolent Association Inc is located in Whitestone, NY. The organization was established in 1994. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transit Managerial Benevolent Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending undefined, Transit Managerial Benevolent Association Inc generated $92.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $86.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (18.9%) per year over the past 6 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
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER FRATERNALISM, BENEVOLENCE AND MUTUAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
500 MEMBERS ATTENDED MEETINGS TO FURTHER THEIR INTERESTS AND IMPROVE THEIR CONDITIONS
3 MEMBERS RECEIVED DEATH BENEFITS AND CONDOLENCES REFLECTING THE MUTUAL SUPPORT OF THE MEMBERSHIP GROUP AT THEIR TIME OF STRESS AND NEED.
500 MEMBERS RECEIVED GUIDANCE AND LEGAL ASSISTANCE RELATIVE TO EMPLOYMENT, DISCRIMINATION AND DISCIPLINE ISSUES
500 MEMBERS RECEIVED LEGAL ASSISTANCE AND COUNSELING RELATIVE TO EVALUATION, PARITY AND PENSION ISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Landi President | OfficerTrustee | 2 | $1,000 |
Carlos A Pacheco V.P. | OfficerTrustee | 0 | $0 |
Richard Di Puma Treasurer | OfficerTrustee | 1 | $500 |
Ramon Paez Secretary | OfficerTrustee | 0 | $0 |
Frank DE Simone V.P. | OfficerTrustee | 0 | $0 |
Debra Martinez V.P. | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $86,230 |
| Membership dues | $0 |
| Investment income | $2,812 |
| Gain or Loss | $3,436 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35 |
| Total Revenue | $92,513 |
| Statement of Expenses | |
|---|---|
| Total expenses | $86,017 |
| Balance Sheet | |
|---|---|
| Total assets | $178,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,416 |