Overview
What is Newburgh Teachers Association Benefit Trust Fund?
The Newburgh Teachers Association Benefit Trust Fund is a self-insuring organization located at 52 Pierces Rd, Newburgh, NY 12550. Its primary mission is to offer dental care, vision, and prescription co-pay reimbursement benefits to teachers, administrators, and retirees of the City of Newburgh School District, as well as their qualified dependents. This nonprofit, with a small workforce of 5 employees, aims to improve the health and wellbeing of its members by providing essential medical coverage.
Official website here: www.newburghta.com/benefit-trust-fund/
Is Newburgh Teachers Association Benefit Trust Fund legitimate?
Newburgh Teachers Association Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Newburgh Teachers Association Benefit Trust 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $48,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,597
For more financial information, click here
Official website here: www.newburghta.com/benefit-trust-fund/
What is the mission statement of Newburgh Teachers Association Benefit Trust Fund?
The Newburgh Teachers Association Benefit Trust Fund serves as a self-insuring fund, providing dental care, vision, and prescription co-pay reimbursement benefits to teachers, administrators, retirees, and their qualified dependents within the City of Newburgh School District. Its primary mission is to offer financial assistance in these areas, aiming to enhance the overall well-being and healthcare coverage of its beneficiaries.
Official website here: www.newburghta.com/benefit-trust-fund/
Who is the CEO of Newburgh Teachers Association Benefit Trust Fund?
Nickolas P Karnavezos is the Chairperson of Newburgh Teachers Association Benefit Trust Fund.
Official website here: www.newburghta.com/benefit-trust-fund/
What is the revenue of Newburgh Teachers Association Benefit Trust Fund?
Newburgh Teachers Association Benefit Trust Fund's revenue in 2023 was $2,072,363.
Official website here: www.newburghta.com/benefit-trust-fund/
Who are the executives of Newburgh Teachers Association Benefit Trust Fund and what are their salaries?
The average compensation at Newburgh Teachers Association Benefit Trust Fund during 2023 was $27,399. There are 5 employees at Newburgh Teachers Association Benefit Trust Fund.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $21,469
- Other: $0
- Compensation: $0
- Related: $6,479
- Other: $0
- Compensation: $0
- Related: $11,648
- Other: $0
- Compensation: $0
- Related: $13,363
- Other: $0
- Compensation: $0
- Related: $2,250
- Other: $0
- Compensation: $0
- Related: $1,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $750
- Other: $0
- Compensation: $0
- Related: $450
- Other: $0
- Compensation: $0
- Related: $500
- Other: $0
- Compensation: $0
- Related: $2,750
- Other: $0
- Compensation: $48,320
- Related: $0
- Other: $0
Official website here: www.newburghta.com/benefit-trust-fund/
Where can I find the form 990 for Newburgh Teachers Association Benefit Trust Fund?
Newburgh Teachers Association Benefit Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newburghta.com/benefit-trust-fund/
Learn more at the official website: www.newburghta.com/benefit-trust-fund/
Mission Statement of Newburgh Teachers Association Benefit Trust Fund
The Newburgh Teachers Association Benefit Trust Fund serves as a self-insuring fund, committed to providing dental care, vision, and prescription co-pay reimbursement benefits to teachers, administrators, and retirees within the City of Newburgh School District, as well as their qualified dependents. This organization's mission is geared towards ensuring the wellbeing of these individuals by alleviating the financial burden associated with dental, vision, and prescription expenses. By offering these benefits, the Newburgh Teachers Association Benefit Trust Fund plays a vital role in enhancing the overall health and wellness of its beneficiaries, thereby contributing positively to their quality of life.
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Impact
October, 2024
The Newburgh Teachers Association Benefit Trust Fund significantly enhances the financial well-being of teachers, administrators, and retirees within the City of Newburgh School District. By providing a self-insuring fund that covers dental care, vision, and prescription co-pay reimbursement benefits, it alleviates the financial burden often associated with healthcare expenses. This support fosters a healthier workforce, improves job satisfaction, and helps retain talented educators and staff, ultimately benefitting the entire school community. Additionally, the trust fund extends its benefits to qualified dependents, ensuring that families of educational professionals can access essential healthcare services. Through these initiatives, the trust fund plays a crucial role in promoting the overall well-being of its members and contributing to the sustainability of education in Newburgh.
This information is meant to be a general summary of Newburgh Teachers Association Benefit Trust Fund. 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: $66,135
- Program Service Revenue: $2,006,228
- Gross Receipts: $2,072,363
Assets and Liabilities:
- Total Assets: $3,711,322
- Total Liabilities: $470,178
- Net Assets: $3,241,144
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD OF EDUCATION
Revenue
$1,505,675
RETIREES
Revenue
$500,553
Organization Details
Founding Year
1986
Phone
(845) 562-7988Principal Officer
Nickolas P Karnavezos
Main Address
52 PIERCES RD, NEWBURGH, NY, 12550
NTEE Category
Code: Y40 - Mutual benefit
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