New York State United Teachers Member Benefits Trust

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

EIN: 222480854 ✦ Latham, NY ✦ Designated as a 501(c)(5)

Overview

What is New York State United Teachers Member Benefits Trust?

New York State United Teachers Member Benefits Trust is a nonprofit organization dedicated to endorsing competitive and affordable programs for members, focusing on insurance, financial, legal, and other services. Their mission is to be the go-to resource for members when it comes to securing financial education and protection for themselves and their families. In the year ending August 31, 2022, there were 129,580 participants benefiting from their legal assistance plan.


Official website here: www.memberbenefits.nysut.org

Is New York State United Teachers Member Benefits Trust legitimate?

New York State United Teachers Member Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. New York State United Teachers Member 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,989,077

For more financial information, click here


Official website here: www.memberbenefits.nysut.org

What is the mission statement of New York State United Teachers Member Benefits Trust?

The New York State United Teachers Member Benefits Trust prioritizes being top of mind for members when it comes to insurance, financial, and other essential services. They achieve this by endorsing high-quality, competitively-priced programs. These programs are designed to offer financial education and security for members and their families. One of their offerings, a voluntary and group legal service plan, provides assistance for various legal matters. In the year ending 8/31/22, there were over 129,000 participants utilizing this benefit.


Official website here: www.memberbenefits.nysut.org

Who is the CEO of New York State United Teachers Member Benefits Trust?

J Philippe Abraham is the Trustee-Secretary of New York State United Teachers Member Benefits Trust.


Official website here: www.memberbenefits.nysut.org

What is the revenue of New York State United Teachers Member Benefits Trust?

New York State United Teachers Member Benefits Trust's revenue in 2022 was $17,673,136.


Official website here: www.memberbenefits.nysut.org

Who are the executives of New York State United Teachers Member Benefits Trust and what are their salaries?

Here are 16 key members and their salaries:

    Jeffrey Lockwood (Director Of Finance)
  • Compensation: $0
  • Related: $209,311
  • Other: $126,514

    • Jeffrey Hartnett (Director Of Member Benefits)
  • Compensation: $0
  • Related: $201,269
  • Other: $120,747

    • Michael Travinski (Assoc General Counsel)
  • Compensation: $0
  • Related: $201,457
  • Other: $107,394

    • Jaclyn L Ferrucci (Deputy Director Finance)
  • Compensation: $0
  • Related: $176,546
  • Other: $110,337

    • Betsy L Porter (Manager, Member Benefits)
  • Compensation: $0
  • Related: $163,761
  • Other: $107,316

    • Derek Clement (Asst In Member Benefits)
  • Compensation: $0
  • Related: $155,435
  • Other: $106,898

    • J Philippe Abraham (Trustee-Chair)
  • Compensation: $0
  • Related: $152,930
  • Other: $97,710

    • Matthew Hill (Trustee)
  • Compensation: $0
  • Related: $140,248
  • Other: $99,600

    • Angelina Rivera (Trustee)
  • Compensation: $0
  • Related: $16,358
  • Other: $0

    • Loretta Donlon (Trustee)
  • Compensation: $0
  • Related: $15,858
  • Other: $0

    • Thomas Mcmahon (Trustee)
  • Compensation: $0
  • Related: $15,858
  • Other: $0

    • Thomas Tucker (Trustee)
  • Compensation: $0
  • Related: $15,858
  • Other: $0

    • Michael Sill (Trustee)
  • Compensation: $0
  • Related: $15,858
  • Other: $0

    • Carolyn Kube (Trustee)
  • Compensation: $0
  • Related: $5,168
  • Other: $0

    • Roderick Sherman (Trustee-Secretary)
  • Compensation: $0
  • Related: $2,500
  • Other: $0

    • Kevin Peterman (Trustee)
  • Compensation: $0
  • Related: $2,500
  • Other: $0


  • Official website here: www.memberbenefits.nysut.org

    Where can I find the form 990 for New York State United Teachers Member Benefits Trust?

    The New York State United Teachers Member Benefits Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memberbenefits.nysut.org

    Learn more at the official website: www.memberbenefits.nysut.org

    Mission Statement of New York State United Teachers Member Benefits Trust

    New York State United Teachers Member Benefits Trust, commonly known as NYSUT Member Benefits Trust, is a mission-driven organization dedicated to being the go-to resource for members when it comes to insurance, financial, and other essential services. The Trust's primary objective is to endorse high-quality, competitively priced programs designed to provide financial education and security for New York State United Teachers members and their families.

    In pursuit of this mission, NYSUT Member Benefits Trust offers a Voluntary and Group Legal Service Plan. This plan enables members to access legal assistance for various legal matters. During the fiscal year ending on August 31, 2022, the Legal Service Plan had 129,580 participants. By endorsing this program, the Trust ensures that members have access to professional legal advice and representation when needed, contributing significantly to their overall financial security and peace of mind.

    Impact

    This information is meant to be a general summary of New York State United Teachers Member Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New York State United Teachers Member Benefits Trust has a significant impact on the financial well-being and security of its members and their families. By providing quality programs that are competitively priced and tailored to offer insurance, financial, legal, and other services, the Trust prioritizes the needs of its members. With a focus on endorsing programs that provide financial education and security, the Trust ensures that its 129,580 participants have access to legal assistance when needed. This commitment to supporting members in various aspects of their lives underscores the Trust's dedication to empowering and safeguarding the financial interests of its members.





    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: $3,580,322
  • Program Service Revenue: $4,805,460
  • Gross Receipts: $30,794,254

    • Assets and Liabilities:
  • Total Assets: $84,930,451
  • Total Liabilities: $35,622,633
  • Net Assets: $49,307,818
  • Programs

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

    PARTICIPANT CONTRIBS

    Revenue

    $4,170,857

    SERVICE FEE

    Revenue

    $634,603

    Organization Details

    Founding Year

    1983

    Principal Officer

    J Philippe Abraham

    Main Address

    800 TROY SCHENECTADY ROAD, LATHAM, NY, 121102455

    NTEE Category

    Code: J40 - Employment

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