Uftrtc Supplemental Health Insurance Program

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

EIN: 132892895 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Uftrtc Supplemental Health Insurance Program?

The Uftrtc Supplemental Health Insurance Program is a distinct health benefits package exclusively designed for members of the Retired Teachers' Chapter of the United Federation of Teachers, as well as their eligible spouses or domestic partners. This program serves as a supplement to the primary health coverage that members maintain, activating only after the primary plans have exhausted their benefits. The program, with an estimated 89,200 participants, is aimed at providing additional health care benefits to retired teachers and employees of the UFT, UFT Welfare Fund, or affiliated organizations, contributing to their overall well-being.

Is Uftrtc Supplemental Health Insurance Program legitimate?

Uftrtc Supplemental Health Insurance Program is a legitimate nonprofit organization registered as a 501(c)(9) entity. Uftrtc Supplemental Health Insurance Program 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.


Heare 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 Uftrtc Supplemental Health Insurance Program?

The Uftrtc Supplemental Health Insurance Program's mission is centered around providing supplemental healthcare benefits to retired teachers and retired employees of the United Federation of Teachers, UFT Welfare Fund, or affiliated organizations. This program aims to supplement the primary health coverage that these individuals maintain, activating only when their primary plans have paid their benefits. The unique package of benefits, exclusively available to the program's members and their eligible spouse/domestic partner, is designed to supplement the healthcare needs of approximately 89,200 participants.

Who is the CEO of Uftrtc Supplemental Health Insurance Program?

Patricia Rojas is the Director of Uftrtc Supplemental Health Insurance Program.

What is the revenue of Uftrtc Supplemental Health Insurance Program?

Uftrtc Supplemental Health Insurance Program's revenue in 2022 was $10,704,696.

Who are the executives of Uftrtc Supplemental Health Insurance Program and what are their salaries?


Here are 8 key members and their salaries:


Thomas Murphy (Chairman)
  • Compensation: $0
  • Related: $70,000
  • Other: $0
John Soldini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Barr (Trustee)
  • Compensation: $0
  • Related: $225,870
  • Other: $55,324
Karen Alford (Trustee)
  • Compensation: $0
  • Related: $201,006
  • Other: $47,214
Debra Penny (Trustee)
  • Compensation: $0
  • Related: $114,240
  • Other: $28,506
Thomas Brown (Trustee)
  • Compensation: $0
  • Related: $78,150
  • Other: $20,102
Nancy Barth Miller (Trustee)
  • Compensation: $0
  • Related: $16,701
  • Other: $0
Patricia Rojas (Director)
  • Compensation: $0
  • Related: $146,132
  • Other: $75,535
Where can I find the form 990 for Uftrtc Supplemental Health Insurance Program?

Uftrtc Supplemental Health Insurance Program's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Uftrtc Supplemental Health Insurance Program

Uftrtc Supplemental Health Insurance Program, a unique initiative exclusively for retired teachers and employees of the United Federation of Teachers (UFT), UFT Welfare Fund, or affiliated organizations, is dedicated to providing supplemental health care benefits. Its mission is to enhance the healthcare coverage of its members, serving as a supplement to their primary health plans. Activated only after the primary plans have paid their benefits, this program offers an additional layer of support, catering to the health needs of approximately 89,200 individuals. The Uftrtc Supplemental Health Insurance Program aims to complement the existing healthcare plans of its members, ensuring they have access to comprehensive healthcare benefits in their retirement years.

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Impact




October, 2024

The Uftrtc Supplemental Health Insurance Program significantly enhances the financial security and healthcare access of retired teachers and their eligible spouses or domestic partners. By offering a tailored package of benefits specifically designed for its members, the program helps bridge the gaps left by primary health insurance coverage, ensuring that retirees can manage out-of-pocket expenses more effectively.

This supplemental health insurance is activated after primary plans have paid, providing an essential layer of support. With nearly 89,200 participants, the program caters to a substantial portion of New York's retired educators, alleviating concerns about healthcare costs during retirement—a time when individuals often have fixed incomes and heightened medical needs.

Moreover, the program supports retirees in maintaining their health and well-being, allowing them to access necessary medical care without the fear of exorbitant expenses. By focusing on the unique needs of retired teachers, the Uftrtc Supplemental Health Insurance Program plays a pivotal role in fostering a sense of security and peace of mind among its members, contributing to their overall quality of life in retirement.




This information is meant to be a general summary of Uftrtc Supplemental Health Insurance Program. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,704,696 (2022)
Expenses
$10,657,019 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $156,070
  • Program Service Revenue: $10,548,626
  • Gross Receipts: $10,704,696

Assets and Liabilities:

  • Total Assets: $18,250,366
  • Total Liabilities: $392,080
  • Net Assets: $17,858,286

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Programs

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

CONTRIBUTIONS FROM PARTICIPANTS F

Revenue

$10,548,626

Organization Details

Founding Year

1977

Principal Officer

Patricia Rojas

Main Address

52 BROADWAY - 17TH FLOOR, NEW YORK, NY, 100040390

NTEE Category

Code: Y40 - Mutual benefit

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