Correction Captains Association INC

Not tax-deductible

Brooklyn, NY501(c)(5)EmploymentEIN 13-3035012

This page gets seen. Tell your story. Claim this org.

To provide collective bargaining representation to members.

$376K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $38K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$376K
to officers and key staff · 25% of spending
Top officer’s pay lower than 74% of similar orgs
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$652K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+6% vs prior year
Spent
$1.5M
To programs
0%
Net assets
$2.2M
By yearFY2020–FY2024
Revenue
$1.3M
FY2024▲ +6%
Revenue by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.5M
FY2023$1.2M
FY2024$1.3M
Expenses
$1.5M
FY2024▲ +6%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.5M
FY2023$1.4M
FY2024$1.5M
Net assets
$2.2M
FY2024▼ -9%
Net assets by fiscal year
FY2020$2.8M
FY2021$2.9M
FY2022$2.4M
FY2023$2.4M
FY2024$2.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

8 people listed on the 990; $376K paid to officers and key staff.

Part VII, Section A · reportable compensation
$99,272Pt VII · Sec A
$63,872Pt VII · Sec A
Leg. Chairman
$63,129Pt VII · Sec A
Treasurer
$57,872Pt VII · Sec A
$22,877Pt VII · Sec A
Financial Secre
$22,877Pt VII · Sec A
$22,877Pt VII · Sec A
Sergeant-At-Arm
$22,877Pt VII · Sec A

Patrick Ferraiuolo’s $99K as President is at the 26th percentile of top reported officer pay among 1245 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Patrick Ferraiuolo$99,272$94,015$94,014$91,961$88,484
Joseph Ferramosca$63,129$66,928$61,947$56,455$54,270
Paul Idlett$63,872$57,872$57,872$31,126$21,531
William Inman———$57,207$60,170
Otis Blount$57,872$57,872$57,872$52,348$48,961
Lawrence Debianchi$22,877$22,877$22,877$22,377$21,531
Jahaira Almodovar$22,877$14,991———
Leon Britton$22,877$22,877$22,877$22,377$21,531

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Correction Captains Association INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for workers, securing better pay and conditions through group negotiations.

Provided by the organization

This section is blank until Correction Captains Association INC claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2024.
01

Provided collective bargaining representation to members.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 10 grants · $266K · 2020–2024
Unitemized GrantFY2024$40,000
Unitemized GrantFY2024$17,000
Unitemized GrantFY2023$27,500
Unitemized GrantFY2023$14,000
Unitemized GrantFY2022$24,000
Unitemized GrantFY2022$24,000
Unitemized GrantFY2021$25,000
Unitemized GrantFY2021$25,000
Unitemized GrantFY2020$35,000
Unitemized GrantFY2020$35,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$108K
Investment incomeLn 3$100K
Money outPt IX
$1.5M
Ln 25
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$357K
Total assetsLn 16$2.9M
LiabilitiesLn 26$652K
PeoplePt VI, VII
8
listed · VII A
PaidVII A8
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19K
Fundraising eventsLn 1c$19K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$100K
Other incomeLn 4–11$108K
Gains on assetsLn 7−$623
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$152K
SavingsLn 2$205K
Cash and savings togetherLn 1–2$357K
InvestmentsLn 11–13$1.7M
Land, buildings, equipmentLn 10c$8K
Other assetsLn 15$718K
Total assetsLn 16$2.9M
LiabilitiesLn 26$652K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 59
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$362K$357K
InvestmentsLn 11–13$1.9M$1.7M
Land, buildings, equipmentLn 10c$10K$8K
Total assetsLn 16$2.5M$2.9M
LiabilitiesLn 26$100K$652K
Net assetsLn 32$2.4M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$61K
Grants to domestic individualsLn 2$57K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$4K
Pay of current officers, directors and key staffLn 5$376K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$63K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$25K
Management feesLn 11a$0
Legal feesLn 11b$289K
Accounting feesLn 11c$20K
Lobbying feesLn 11d$17K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$16K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$39K
Office expensesLn 13$51K
Information technologyLn 14$22K
RoyaltiesLn 15$0
OccupancyLn 16$120K
TravelLn 17$35K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$41K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$40K
Other expenses (24a–d)Ln 24$211K
All other expensesLn 24e$14K
Total functional expensesLn 25$1.5M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.3M$1.5M−$201K$2.2M 990 PDF
FY2023 $1.2M$1.4M−$191K$2.4M 990 PDF
FY2022 $1.5M$1.5M$14K$2.4M 990 PDF
FY2021 $1.5M$1.5M$55K$2.9M 990 PDF
FY2020 $1.5M$1.3M$131K$2.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,301,793 across 10 lines filed
VIII-1c Fundraising events$19,291
VIII-1h Total contributions, gifts and grants$19,291
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,074,458$1,074,458
VIII-3 Investment incomeExcluded from tax $101,049$101,049
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$623−$623
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $107,618$107,618
VIII-12 Total revenueRelated to mission $1,182,076 · Excluded from tax $100,426$1,301,793
Part IX · Statement of functional expenses $1,503,090 across 31 lines filed
IX-1 Grants to domestic organizations$61,087
IX-2 Grants to domestic individuals$57,000
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$3,628
IX-5 Pay of current officers, directors and key staff$375,653
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$63,105
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$24,998
IX-11a Management fees$0
IX-11b Legal fees$289,462
IX-11c Accounting fees$20,500
IX-11d Lobbying fees$16,600
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$15,783
IX-11g Other fees for services$0
IX-12 Advertising and promotion$38,977
IX-13 Office expenses$50,830
IX-14 Information technology$21,685
IX-15 Royalties$0
IX-16 Occupancy$120,403
IX-17 Travel$35,000
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$41,068
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$2,438
IX-23 Insurance$39,774
IX-24 Other expenses (24a–d)$210,911
IX-24e All other expenses$14,188
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,503,090
Part X · Balance sheet $2,869,100 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $137,382$152,195
X-2 Savings and temporary cash investmentsStart of year $224,630$205,244
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $3,861$4,067
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $28,705$34,873
X-10c Land, buildings and equipment, netStart of year $10,192$7,754
X-11 Publicly traded securitiesStart of year $1,930,958$1,746,957
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $197,835$718,010
X-16 Total assetsStart of year $2,533,563$2,869,100
X-17 Accounts payable and accrued expensesStart of year $32,251$28,552
X-19 Deferred revenueStart of year $10,800$5,050
X-25 Other liabilitiesStart of year $56,533$618,551
X-26 Total liabilitiesStart of year $99,584$652,153
X-27 Net assets without donor restrictionsStart of year $2,433,979$2,216,947
X-32 Total net assets or fund balancesStart of year $2,433,979$2,216,947
X-33 Total liabilities and net assetsStart of year $2,533,563$2,869,100
Part XI · Reconciliation of net assets $2,216,947 net assets at year end
XI-1 Total revenue$1,301,793
XI-2 Total expenses$1,503,090
XI-3 Revenue less expenses−$201,297
XI-4 Net assets at start of year$2,433,979
XI-5 Net unrealized gains (losses) on investments−$15,735
XI-10 Net assets at end of year$2,216,947

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.