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Unsatisfied Claim And Judgment Fund

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

EIN: 200500733 ✦ Basking ridge, NJ ✦ Designated as a 501(c)(6)

Overview

What is Unsatisfied Claim And Judgment Fund?

The Unsatisfied Claim and Judgment Fund, often referred to as UCJF, is a nonprofit organization based in New Jersey. Established pursuant to NJSA 39:6-61 et seq., its mission is to provide financial assistance to individuals who have been injured in accidents involving uninsured motorists and lack insurance coverage of their own. Furthermore, the UCJF caters to private passenger automobile stranger pedestrian personal injury protection claims. The organization is primarily funded through assessments on auto insurance carriers in New Jersey.


Official website here: www.njguaranty.org

Is Unsatisfied Claim And Judgment Fund legitimate?

Unsatisfied Claim And Judgment Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Unsatisfied Claim And Judgment 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: $671,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,191,996

For more financial information, click here


Official website here: www.njguaranty.org

What is the mission statement of Unsatisfied Claim And Judgment Fund?

The Unsatisfied Claim and Judgment Fund, referred to as UCJF, is a state-established entity created to address the financial needs of individuals who have been injured in accidents involving uninsured motorists and lack insurance coverage of their own. The organization also facilitates the processing of private passenger automobile stranger pedestrian personal injury protection claims. The UCJF functions through assessments on automobile insurance carriers in New Jersey, accumulating funds to compensate those whose claims have gone unsatisfied due to the negligence of uninsured motorists. By providing financial assistance to these injured claimants, the UCJF plays a crucial role in ensuring that individuals receive the compensation they deserve despite not having their own insurance coverage.


Official website here: www.njguaranty.org

Who is the CEO of Unsatisfied Claim And Judgment Fund?

Frank Rotella is the Trustee - Director of Unsatisfied Claim And Judgment Fund. The CEO's salary of Unsatisfied Claim And Judgment Fund is $0 and their total compensation is $326,911.


Official website here: www.njguaranty.org

What is the revenue of Unsatisfied Claim And Judgment Fund?

Unsatisfied Claim And Judgment Fund's revenue in 2022 was $82,185,969.


Official website here: www.njguaranty.org

Who are the executives of Unsatisfied Claim And Judgment Fund and what are their salaries?

Here are 20 key members and their salaries (Unsatisfied Claim And Judgment Fund's CEO's salary is $0 and their total compensation is $326,911):

    Joseph Dellafera (Chief Executive Officer)
  • Compensation: $0
  • Related: $293,170
  • Other: $33,741

    • Lori Connors (General Counsel)
  • Compensation: $0
  • Related: $230,797
  • Other: $30,437

    • Ronald Chess (Director Of Compliance & It)
  • Compensation: $0
  • Related: $175,130
  • Other: $30,393

    • William Kahle (Director Of Finance)
  • Compensation: $0
  • Related: $166,795
  • Other: $28,999

    • Michael Romeo (Director Of Claims)
  • Compensation: $0
  • Related: $166,110
  • Other: $26,324

    • Thomas Antola (Software Development Manager)
  • Compensation: $0
  • Related: $146,036
  • Other: $31,540

    • Trisha Young (Director Of Operations)
  • Compensation: $0
  • Related: $161,084
  • Other: $13,570

    • Renan Besido (Assistant Director Of Claims)
  • Compensation: $0
  • Related: $139,615
  • Other: $32,004

    • Steven Lisner (Sr Med Bill Review & Code Anlst)
  • Compensation: $0
  • Related: $138,416
  • Other: $23,986

    • Nicholas Hamm (Director Of Siu)
  • Compensation: $0
  • Related: $144,297
  • Other: $11,638

    • Kassandra Williams (Assistant Director Of Auditing)
  • Compensation: $0
  • Related: $133,897
  • Other: $20,493

    • Jessica Schlee-Gilbert (Trustee - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Raczenbeck (Trustee - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allstate New Jersey Insurance (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liberty Mutual Insurance Co (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aig Property Casualty Company (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Selective Insurance Co Of Amer (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • State Farm Insurance Company (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • United Services Auto Assoc (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Federal Insurance Company (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.njguaranty.org

    Where can I find the form 990 for Unsatisfied Claim And Judgment Fund?

    The Unsatisfied Claim And Judgment Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.njguaranty.org

    Learn more at the official website: www.njguaranty.org

    Mission Statement of Unsatisfied Claim And Judgment Fund

    The Unsatisfied Claim and Judgment Fund, or UCJF, is a New Jersey-based organization established to provide financial assistance to individuals who have been injured in accidents involving uninsured motorists and lack insurance coverage of their own. The Fund also caters to private passenger automobile stranger pedestrian personal injury protection claims.

    This nonprofit entity was founded under the New Jersey Statutes Annotated (NJSA) 39:6-61 et seq. Its primary goal is to compensate claimants who have suffered damages due to accidents caused by uninsured motorists. By doing so, it ensures that these individuals receive some form of financial compensation for their injuries, even when the at-fault party lacks insurance coverage.

    UCJF is funded through assessments on automobile insurance carriers operating in New Jersey. This financial mechanism allows the organization to provide financial support to a significant number of claimants who would otherwise be left without any means of financial recovery. It serves as a crucial safety net for those who have been involved in accidents with uninsured motorists and do not have the means to cover their damages.

    Impact

    This information is meant to be a general summary of Unsatisfied Claim And Judgment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Unsatisfied Claim And Judgment Fund plays a crucial role in providing financial assistance to individuals who have been injured in accidents involving uninsured motorists and lack their own insurance coverage. By offering compensation for damages incurred in such situations, this fund helps ensure that victims are not left financially burdened due to the actions of uninsured drivers. This support is particularly significant for those facing medical expenses and other costs resulting from accidents where insurance coverage is unavailable. The fund's impact extends to promoting financial security and justice for individuals affected by uninsured motorist accidents in the state of New Jersey.





    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: $870,258
  • Program Service Revenue: $81,315,711
  • Gross Receipts: $216,932,577

    • Assets and Liabilities:
  • Total Assets: $78,462,469
  • Total Liabilities: $88,262,565
  • Net Assets: -$9,800,096
  • Programs

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

    MEMBER ASSESSMENTS

    Revenue

    $81,315,711

    Organization Details

    Founding Year

    2003

    Principal Officer

    Frank Rotella

    Main Address

    233 MOUNT AIRY ROAD, BASKING RIDGE, NJ, 079202753

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Unsatisfied Claim And Judgment 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.