Columbia Univ Retiree Medical Life Ins Benefits Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133800106 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Columbia Univ Retiree Medical Life Ins Benefits Trust?

The Columbia Univ Retiree Medical Life Ins Benefits Trust is a nonprofit organization based in New York, NY, specifically at Columbia University's address on 615 W 131st Street. Its primary mission is to support Columbia University's medical and life insurance benefits for eligible retired employees. The trust accomplishes this by either self-funding claims or paying premiums to obtain insurance coverage for such claims. In essence, it ensures that retired Columbia University employees receive necessary medical and life insurance benefits.


Is Columbia Univ Retiree Medical Life Ins Benefits Trust legitimate?

Columbia Univ Retiree Medical Life Ins Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Univ Retiree Medical Life Ins Benefits Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Columbia Univ Retiree Medical Life Ins Benefits Trust?
What is the revenue of Columbia Univ Retiree Medical Life Ins Benefits Trust?
Who are the executives of Columbia Univ Retiree Medical Life Ins Benefits Trust and what are their salaries?
Where can I find the form 990 for Columbia Univ Retiree Medical Life Ins Benefits Trust?

Mission Statement of Columbia Univ Retiree Medical Life Ins Benefits Trust

Columbia Universtity Retiree Medical Life Ins Benefits Trust, referred to as the Trust, is dedicated to upholding the medical and life insurance benefits for eligible retired employees of Columbia University. The Trust's primary mission is to ensure these retirees have access to essential healthcare coverage.

To accomplish this mission, the Trust provides medical and life insurance benefits through a self-funded claims process. In situations where self-funding is not an option, the Trust pays premiums to secure insurance coverage for these claims. By taking on this responsibility, the Trust enables retired Columbia University employees to continue enjoying the medical and life insurance benefits they have earned during their employment.

In summary, the Columbia Univeristy Retiree Medical Life Ins Benefits Trust serves as a crucial safety net for retired employees of Columbia University. By managing the medical and life insurance benefits, the Trust ensures that these individuals can maintain peace of mind and focus on their well-being during their post-employment years.

Impact

This information is meant to be a general summary of Columbia Univ Retiree Medical Life Ins Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Columbia University Retiree Medical Life Ins Benefits Trust's impact is instrumental in providing support for Columbia University's retired employees by offering essential medical and life insurance benefits. This trust ensures that eligible retired Columbia University staff members have access to necessary insurance coverage for medical treatment and life insurance needs. Through its activities, the trust plays a crucial role in safeguarding the well-being and security of retired employees who have dedicated their careers to the university.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,887,083
  • Program Service Revenue: $6,218,875
  • Gross Receipts: $46,680,610

    • Assets and Liabilities:
  • Total Assets: $221,623,843
  • Total Liabilities: $1,350,062
  • Net Assets: $220,273,781
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RETIREE CONTRIBUTIONS

    Revenue

    $6,218,875

    Organization Details

    Founding Year

    1994

    Main Address

    COLUMBIA UNIV 615 W 131 ST MC 8741, NEW YORK, NY, 100277922

    NTEE Category

    Code: Y110 - Mutual benefit

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