NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
NBA PLAYERS HEALTH AND WELFARE BENEFIT PLAN (EIN 20-1260597)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-15
IRS object ID
201841359349304199
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-15T10:41:54-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161131146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BONADIO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1171 SULLYS TRAIL SUITE 201AddressLine1Txt
CityPITTSFORDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14534ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201260597EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NBPA-NBA SUPPLEMENTAL BENEFIT PLANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNBPABusinessNameControlTxt
Phone2018651500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 PLAZA DRIVEAddressLine1Txt
CitySECAUCUSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07094ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT CRIQUI GARY ARRICKPersonNm
Person TitleTRUSTEESPersonTitleTxt
Phone2018651500PhoneNum
Signature2018-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAWN MINEMIERPreparerPersonNm
PTINP01339753PTIN
Phone5853811000PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerR CRIQUI G ARRICKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 PLAZA DRIVEAddressLine1Txt
CitySECAUCUSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07094ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$249,437,573GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2004FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE PLAN PROVIDES SUPPLEMENTAL HEALTH REIMBURSEMENT ACCOUNT ("HRA") (CONTINUED ON SCHEDULE O) (CONTINUATION OF LINE 1) BENEFITS THAT COVER CERTAIN HEALTH-RELATED COSTS OF ELIGIBLE CURRENT AND FORMER NATIONAL BASKETBALL ASSOCIATION ("NBA") PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS. EFFECTIVE JANUARY 1, 2017, THE PLAN WAS AMENDED TO ALSO PROVIDE FULLY INSURED MEDICAL AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE RETIRED NBA PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS. EFFECTIVE JULY 1, 2017 THE PLAN CHANGED ITS NAME FROM THE NBPA-NBA SUPPLEMENTAL BENEFIT PLAN TO THE NBA PLAYERS' HEALTH AND WELFARE BENEFIT PLAN.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$13,403,226PYProgramServiceRevenueAmt
CY Program Service Revenue$13,692,218CYProgramServiceRevenueAmt
PY Investment Income$4,694,431PYInvestmentIncomeAmt
CY Investment Income$19,112,647CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$18,097,657PYTotalRevenueAmt
CY Total Revenue$32,804,865CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$4,450,715PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$5,900,597CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$862,969PYOtherExpensesAmt
CY Other Expenses$696,499CYOtherExpensesAmt
PY Total Expenses$5,313,684PYTotalExpensesAmt
CY Total Expenses$6,597,096CYTotalExpensesAmt
PY Revenues Less Expenses$12,783,973PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,207,769CYRevenuesLessExpensesAmt
Total Assets BOY$243,212,310TotalAssetsBOYAmt
Total Assets EOY$277,465,300TotalAssetsEOYAmt
Total Liabilities BOY$273,724TotalLiabilitiesBOYAmt
Total Liabilities EOY$817,701TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$242,938,586NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$276,647,599NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PLAN PROVIDES SUPPLEMENTAL HRA BENEFITS THAT COVER CERTAIN HEALTH-RELATED COSTS OF ELIGIBLE CURRENT AND FORMER NBA PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS. EFFECTIVE JANUARY 1, 2017, THE PLAN WAS AMENDED TO ALSO PROVIDE FULLY (CONTINUED ON SCHEDULE O) (CONTINUATION OF LINE 1) INSURED MEDICAL AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE RETIRED NBA PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE PLAN WAS INITIALLY ESTABLISHED TO PROVIDE ELIGIBLE CURRENT AND FORMER NBA PLAYERS WITH SUPPLEMENTAL HRA BENEFITS THAT COVER HEALTH-RELATED COSTS QUALIFIED UNDER IRS RULES THAT ARE NOT COVERED BY THE PRIMARY INSURANCE CARRIERS. TO THE EXTENT APPLICABLE, COSTS INCURRED IN CONNECTION WITH THE PAYMENT OF PREMIUMS FOR CERTAIN TYPES OF HEALTH INSURANCE MAY ALSO BE COVERED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescAS OF JANUARY 1, 2017, THE PLAN ALSO PROVIDES FULLY INSURED MEDICAL AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE RETIRED NBA PLAYERS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS. THESE BENEFITS ARE CURRENTLY PROVIDED THROUGH INSURANCE POLICIES ADMINISTERED BY UNITEDHEALTHCARE. THE RETIREE MEDICAL PLAN CONSISTS OF INSURED COVERAGE FOR PRE-MEDICARE RETIREES AND A MEDICARE ADVANTAGE PLAN FOR PARTICIPANTS AND DEPENDENTS ELIGIBLE FOR MEDICARE COVERAGE.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1POMCOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3154329171PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12425 JAMES STREETAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13206ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROBERT CRIQUI
TRUSTEE1.00Yes (X)$0$0$0
DANIEL RUBE
TRUSTEE1.00Yes (X)$0$0$0
RICHARD DELORENZO
TRUSTEE - UNTIL 9/30/20161.00Yes (X)$0$0$0
NEIL AARON
TRUSTEE - AS OF 9/30/20161.00Yes (X)$0$0$0
RONALD KLEMPNER
TRUSTEE1.00Yes (X)$0$0$0
GARY ARRICK
TRUSTEE1.00Yes (X)$0$0$0
ROGER MASON JR
TRUSTEE - UNTIL 12/1/20161.00Yes (X)$0$0$0
PURVIS SHORT
TRUSTEE - AS OF 4/17/20171.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WELLINGTON TRUST COMPANY NA
280 CONGRESS STREETBOSTONMA02210INVESTMENT MANAGEMENT$447,307
WELLS FARGO BANK
12 E 49TH STREETNEW YORKNY10017CUSTODIAL$184,671
GALLIARD CAPITAL MANAGEMENT INC
800 LASALLE AVENUEMINNEAPOLISMN55402INVESTMENT MANAGEMENT$156,865
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescNBA TEAMS CONTRIBUTIONSDesc
Business624100BusinessCd
Total Revenue Column$13,692,218TotalRevenueColumnAmt
Related Or Exempt Func Income$13,692,218RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$13,692,218TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,983,295TotalRevenueColumnAmt
Exclusion$4,983,295ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$230,762,060SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$216,632,708SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$14,129,352SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,129,352TotalRevenueColumnAmt
Exclusion$14,129,352ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,804,865TotalRevenueColumnAmt
Related Or Exempt Func Income$13,692,218RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$19,112,647ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$5,900,597TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$696,104TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$395TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,597,096TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$505,318BOYAmt
EOY$762,218EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,572,672BOYAmt
EOY$2,217,245EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$99,112,111BOYAmt
EOY$130,833,913EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$141,559,406BOYAmt
EOY$143,222,351EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$462,803BOYAmt
EOY$429,573EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$243,212,310BOYAmt
EOY$277,465,300EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$273,724BOYAmt
EOY$817,701EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$273,724BOYAmt
EOY$817,701EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$242,938,586BOYAmt
EOY$276,647,599EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$242,938,586BOYAmt
EOY$276,647,599EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$243,212,310BOYAmt
EOY$277,465,300EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$26,207,769ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$7,501,244NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
RUSSELL 3000(R) INDEX NL CTF4$70,277,896F
WTC-CTF INTERNATIONAL RESEARCH EQUITY PORTFOLIO$44,160,224F
WTC-CTF OPPORTUNISTIC INVESTMENT ALLOCTION$28,784,231F
FieldValueIRS element (for citing)
Total Book Value Securities$143,222,351TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$39,610,005TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$7,501,244NetUnrealizedGainsInvstAmt
Revenue Not Reported$7,501,244RevenueNotReportedAmt
Revenue Subtotal$32,108,761RevenueSubtotalAmt
Investment Expenses Not Incld$696,104InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$696,104RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$32,804,865TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,900,992TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,900,992ExpensesSubtotalAmt
Investment Expenses Not Incld2$696,104InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$696,104ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,597,096TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationIN GENERAL, FOR EMPLOYEE BENEFIT PLANS, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. THE PLAN FILES THE RETURN OF EXEMPT ORGANIZATION FROM INCOME TAX (FORM 990) AND THE ANNUAL RETURN/REPORT OF EMPLOYEE BENEFIT PLAN (FORM 5500) IN THE U.S. FEDERAL JURISDICTION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2EFFECTIVE JANUARY 1, 2017, THE PLAN WAS AMENDED TO INCLUDE A NEWLY ESTABLISHED NBA PLAYERS' RETIREE MEDICAL PLAN PURSUANT TO THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NBA AND NATIONAL BASKETBALL PLAYERS ASSOCIATION ("NBPA"). THE RETIREE MEDICAL PLAN PROVIDES FULLY INSURED MEDICAL AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE RETIRED NBA PLAYERS AND THEIR DEPENDENTS. THESE BENEFITS ARE CURRENTLY PROVIDED THROUGH INSURANCE POLICIES ADMINISTERED BY UNITEDHEALTHCARE. IN SOME CASES, ELIGIBLE RETIREES CONTRIBUTE TO THE COST OF THE PREMIUMS FOR THIS COVERAGE. THE RETIREE MEDICAL PLAN CONSISTS OF INSURED COVERAGE FOR PRE-MEDICARE RETIREES AND A MEDICARE ADVANTAGE PLAN FOR PARTICIPANTS AND DEPENDENTS ELIGIBLE FOR MEDICARE COVERAGE.
FORM 990, PART VI, SECTION A, LINE 2BECAUSE THE PLAN IS JOINTLY OPERATED AND ADMINISTERED BY THE NBPA AND THE NBA, (I) THE NBPA TRUSTEES ARE IN A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF GARY ARRICK BEING THE CHIEF FINANCIAL OFFICER OF THE NBPA AND RON KLEMPNER AND PURVIS SHORT BEING EMPLOYEES OF THE NBPA AND (II) THE NBA TRUSTEES ARE IN A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF ALL BEING OFFICERS OF THE NBA.
FORM 990, PART VI, SECTION A, LINE 4THE TRUST AGREEMENT FOR THE PLAN WAS RESTATED EFFECTIVE JULY 1, 2017 AS THE AGREEMENT OF TRUST FOR THE NBA PLAYERS' HEALTH AND WELFARE BENEFIT PLAN.
FORM 990, PART VI, SECTION A, LINE 7ATHE NBA HAS THE RIGHT TO APPOINT AND REMOVE THREE NBA TRUSTEES, AND THE NBPA HAS THE RIGHT TO APPOINT AND REMOVE THREE NBPA TRUSTEES, EACH PURSUANT TO THE TRUST AGREEMENT ESTABLISHING THE PLAN.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND COMMENTED ON BY PLAN COUNSEL AND THE TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CEACH TRUSTEE ANNUALLY SIGNS A STATEMENT THAT AFFIRMS SUCH PERSON'S UNDERSTANDING OF THE FUND'S CONFLICT OF INTEREST POLICY; THIS CONFLICT OF INTEREST POLICY WAS PREVIOUSLY AGREED TO BY THE TRUSTEES. PRIOR TO THE SIGNING OF THE MOST RECENT STATEMENT, PLAN COUNSEL ADVISED THE TRUSTEES THAT THEY ARE NOT AWARE OF ANY CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST THAT INVOLVE THE TRUSTEES. THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OR POSSIBLE CONFLICT IN ACCORDANCE WITH THE TERMS OF THE CONFLICT OF INTEREST POLICY, AND ARE OTHERWISE PRECLUDED FROM ACTING AS A TRUSTEE WITH RESPECT TO ANY MATTER THAT WOULD POSE A CONFLICT OR POSSIBLE CONFLICT WITH THE CONFLICT OF INTEREST POLICY. TO ENSURE THE FUND OPERATES IN A MANNER CONSISTENT WITH ITS TAX EXEMPT STATUS AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED.
FORM 990, PART VI, SECTION C, LINE 19NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (27 entries)

CHICAGO PROFESSIONAL SPORTS LIMITED PARTNERSHIP
DALLAS BASKETBALL LIMITED
DENVER NUGGETS LIMITED PARTNERSHIP
ROCKET BALL LTD
LA CLIPPERS LLC
MIAMI HEAT LIMITED PARTNERSHIP
MINNESOTA TIMBERWOLVES BASKETBALL LIMITED PARTNERSHIP
NEW ORLEANS PELICANS NBA LLC
NEW YORK KNICKS LLC
ORLANDO MAGIC LTD
PHILADELPHIA 76ERS LP
SACRAMENTO KINGS LIMITED PARTNERSHIP LP
WASHINGTON BULLETS LP
ATL INVESTCO LLC
BANNER SEVENTEEN LLC
BROOKLYN BASEKETBALL HOLDINGS LLC
HORNETS BASKETBALL LLC
CAVALIERS OPERATING COMPANY LLC
GSW SPORTS LLC
PACERS BASKETBALL LLC
MEMPHIS BASKETBALL LLC
MILWAUKEE BUCKS LLC
THE PROFESSIONAL BASKETBALL CLUB LLC
SUNS LEGACY PARTNERS LLC
SAN ANTONIO SPURS LLC
DETROIT PISTONS BASKETBALL COMPANY
MAPLE LEAF SPORTS AND ENTERTAINMENT PARTNERSHIP

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

THE LOS ANGELES LAKERS INC
TRAIL BLAZERS INC
JAZZ BASKETBALL INVESTORS INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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