Nysut Retiree Veba Health Fund

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

EIN: 146204878 ✦ Latham, NY ✦ Designated as a 501(c)(9)

Overview

What is Nysut Retiree Veba Health Fund?

The Nysut Retiree Veba Health Fund is a nonprofit organization based in Latham, New York, with the address 800 Troy-Schenectady Road, ZIP code 12110. Their primary mission is to ensure the provision and payment of medical benefits for retired staff members of New York State United Teachers. As an employee benefit fund, the Nysut Retiree Veba Health Fund operates to meet the healthcare needs of its retired constituents.


Is Nysut Retiree Veba Health Fund legitimate?

Nysut Retiree Veba Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nysut Retiree Veba Health Fund 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 not 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 Nysut Retiree Veba Health Fund?
Who is the CEO of Nysut Retiree Veba Health Fund?
What is the revenue of Nysut Retiree Veba Health Fund?
Who are the executives of Nysut Retiree Veba Health Fund and what are their salaries?
Where can I find the form 990 for Nysut Retiree Veba Health Fund?

Mission Statement of Nysut Retiree Veba Health Fund

The Nysut Retiree Veba Health Fund is a crucial employee benefit fund, dedicated to ensuring the financial coverage of medical benefits for retired educators of New York State United Teachers. Established with the purpose of securing the necessary resources for the payment of retiree health benefits, the Fund's mission is geared towards providing essential healthcare support for the retired teaching staff.

In more detail, the Nysut Retiree Veba Health Fund functions as a critical financial safety net for retired educators, enabling them to access necessary medical benefits post-retirement. The Fund's primary focus is on facilitating the funding and payment of medical benefits for this specific demographic, ensuring their continued access to crucial healthcare services. By doing so, the Fund not only enhances their quality of life but also provides peace of mind, allowing retired educators to focus on their well-being during their post-career years.

Impact

This information is meant to be a general summary of Nysut Retiree Veba Health Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Nysut Retiree Veba Health Fund's impact is significant in providing funding and payment for retiree medical benefits for retired staff of New York State United Teachers. The fund plays a crucial role in ensuring that retired teachers have access to essential healthcare services, contributing to their overall well-being and quality of life post-retirement. By supporting the healthcare needs of retired teachers, the Nysut Retiree Veba Health Fund helps to honor their years of service and dedication to education.





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 2023.

  • Investment Income: $1,474,187
  • Program Service Revenue: $10,440,507
  • Gross Receipts: $14,598,283

    • Assets and Liabilities:
  • Total Assets: $40,013,232
  • Total Liabilities: $84,724
  • Net Assets: $39,928,508
  • Programs

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

    SPONSOR CONTRIBUTIONS

    Revenue

    $10,069,902

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $370,605

    Organization Details

    Founding Year

    2000

    Principal Officer

    J Philippe Abraham

    Main Address

    800 TROY-SCHENECTADY ROAD, LATHAM, NY, 12110

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Nysut Retiree Veba Health Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.