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EIN 47-7358956

Nysut Member Benefits Catastrophe Major Medical Insurance Trust

IRS 501(c) type
501(c)(5)
Num. employees
0
City
Latham
State
New York
Year formed
2015
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The Nysut Member Benefits Catastrophe Major Medical Insurance Trust provides supplemental health insurance to the Nysut membership who voluntarily participate through its Catastrophe Major Medical Plan formed under trust. It supplements basic hospitalization, major medical insurance, and long term care. On average, there were 97,620 covered lives and 58,827 policies for the year ending 12/31/21.
Related structure
Nysut Member Benefits Catastrophe Major Medical Insurance Trust is a subordinate organization under New York State United Teachers.
Also known as...
New York State United Teachers Member Benefits Catastrophe Major; Trustees of Catastrophe Major Medical Plan
Total revenues
$43,148,939
2022
Total expenses
$25,958,750
2022
Total assets
$159,504,251
2022
Num. employees
0
2022

Program areas at Nysut Member Benefits Catastrophe Major Medical Insurance Trust

Supplemented basic hospitalization and Major Medical Insurance and long term care. For the year ending 12/31/22, there were, on average, 94,187 covered lives, and 56,252 policies.

Personnel at Nysut Member Benefits Catastrophe Major Medical Insurance Trust

NameTitleCompensation
Lockwood Jeffrey JChief Financial Officer , Director of Finance$0
Fellows Debra LAssistant Manager in Member Benefits$0
J Philippe AbrahamTrustee$0
Abraham J PhilippeChairperson and Trustee$0
Samuels Emily BSecretary$0

Financials for Nysut Member Benefits Catastrophe Major Medical Insurance Trust

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$38,367,427
Investment income and dividends$2,462,408
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,319,104
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$43,148,939

Form 990s for Nysut Member Benefits Catastrophe Major Medical Insurance Trust

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-15990View PDF
2021-122022-08-31990View PDF
2020-122021-10-29990View PDF
2019-122021-06-08990View PDF
2018-122020-01-28990View PDF
...and 4 more Form 990s
Data update history
September 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 30, 2023
Updated personnel
Identified 6 new personnel
September 24, 2023
Used new vendors
Identified 1 new vendor, including
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizationsChapter / child organizations
Issues
Health
Characteristics
State / local levelNo full-time employees
General information
Address
800 Troy-Schenectady Rd
Latham, NY 12110
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Phone
(518) 213-6000
IRS details
EIN
47-7358956
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Subordinate organization
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