Overview
What is New York State Retired Teachers' Association Inc - Insurance Trust?
The New York State Retired Teachers' Association Inc - Insurance Trust is a nonprofit organization situated in Amsterdam, New York. Their primary purpose is to offer various forms of assistance and insurance coverages to contributing members, as well as their families, of the New York State Retired Teachers' Association. This related nonprofit trade association is specifically for retired educators who taught in or currently reside in New York State. They achieve this by issuing group insurance policies.
Is New York State Retired Teachers' Association Inc - Insurance Trust legitimate?
New York State Retired Teachers' Association Inc - Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York State Retired Teachers' Association Inc - Insurance 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
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What is the mission statement of New York State Retired Teachers' Association Inc - Insurance Trust?
The New York State Retired Teachers' Association Inc - Insurance Trust is dedicated to offering various forms of assistance and insurance coverages to contributing members and their families of the New York State Retired Teachers' Association. This association primarily consists of retired educators who have taught in or currently reside in New York State. The Insurance Trust achieves this mission by issuing group insurance policies, providing a range of protective measures to its members. The objective is to ensure financial security and peace of mind for these retired educators.
What is the revenue of New York State Retired Teachers' Association Inc - Insurance Trust?
New York State Retired Teachers' Association Inc - Insurance Trust's revenue in 2023 was $36,868.
Who are the executives of New York State Retired Teachers' Association Inc - Insurance Trust and what are their salaries?
There 5 volunteers at New York State Retired Teachers' Association Inc - Insurance Trust.
Here are 6 key members and their salaries:
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- Related: $70,597
- Other: $26,801
Where can I find the form 990 for New York State Retired Teachers' Association Inc - Insurance Trust?
New York State Retired Teachers' Association Inc - Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New York State Retired Teachers' Association Inc - Insurance Trust
The New York State Retired Teachers' Association Inc - Insurance Trust is an organization with a mission to provide various assistance and insurance coverages to contributing members and their families of the New York State Retired Teachers' Association. This non-profit entity, specifically catering to retired educators who have taught in or currently reside in New York State, issues group insurance policies to offer these benefits. By doing so, the Insurance Trust aims to provide a safety net of insurance coverage for its members, ensuring financial security and peace of mind in their retirement years.
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Impact
October, 2024
The New York State Retired Teachers' Association Inc - Insurance Trust plays a significant role in supporting the well-being of retired educators and their families. By providing various assistance and insurance coverage options through group insurance policies, it ensures that members can access essential benefits tailored to their needs. This is particularly valuable for those who have dedicated their careers to education and now seek financial security in retirement.
By fostering a sense of community among retired teachers, the Trust not only mitigates financial risks but also enhances the quality of life for its members. The offerings can include health insurance, life insurance, and other critical support systems, helping to alleviate the pressures of post-retirement life. This impact extends beyond individual members to their families, providing a safety net that promotes peace of mind.
Through its mission, the Insurance Trust contributes to the collective strength of retired educators, allowing them to navigate the complexities of retirement with greater confidence and security. Its focus on providing mutual benefit reinforces the importance of solidarity among those who have devoted their lives to teaching and nurturing future generations.
This information is meant to be a general summary of New York State Retired Teachers' Association Inc - Insurance Trust. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $32,730
- Gross Receipts: $85,956
Assets and Liabilities:
- Total Assets: $927,745
- Total Liabilities: $520
- Net Assets: $927,225
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Organization Details
Founding Year
1963
Principal Officer
Mary Kathleen Bassett
NTEE Category
Code: Y40 - Mutual benefit
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