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
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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,936,546
For more financial information, click here
Official website here: www.memberbenefits.nysut
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
What is the revenue of New York State United Teachers Member Benefits Trust?
New York State United Teachers Member Benefits Trust's revenue in 2024 was $18,491,676.
Official website here: www.memberbenefits.nysut
Who are the executives of New York State United Teachers Member Benefits Trust and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $2,705
- Other: $0
- Compensation: $0
- Related: $11,542
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $16,418
- Other: $0
- Compensation: $0
- Related: $163,978
- Other: $101,726
- Compensation: $0
- Related: $16,418
- Other: $0
- Compensation: $0
- Related: $16,418
- Other: $0
- Compensation: $0
- Related: $13,310
- Other: $0
- Compensation: $0
- Related: $2,705
- Other: $0
- Compensation: $0
- Related: $16,418
- Other: $0
- Compensation: $0
- Related: $157,936
- Other: $90,644
- Compensation: $0
- Related: $175,792
- Other: $114,581
- Compensation: $0
- Related: $229,683
- Other: $132,096
- Compensation: $0
- Related: $211,012
- Other: $132,295
- Compensation: $0
- Related: $140,371
- Other: $75,626
- Compensation: $0
- Related: $168,758
- Other: $109,952
- Compensation: $0
- Related: $191,252
- Other: $119,379
Official website here: www.memberbenefits.nysut
Where can I find the form 990 for New York State United Teachers Member Benefits Trust?
New York State United Teachers Member Benefits Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.memberbenefits.nysut
Learn more at the official website: www.memberbenefits.nysut
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.
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Impact
October, 2024
The New York State United Teachers Member Benefits Trust significantly enhances the financial security and well-being of its members by prioritizing access to quality insurance, financial, legal, and other essential services. By endorsing competitively priced programs, the Trust ensures that its members and their families receive the necessary resources to navigate various financial and legal matters with confidence.
One key component of their offerings is the voluntary and group legal service plan, which provides essential legal assistance for a wide array of legal issues. In the year ending August 31, 2022, the Trust supported 129,580 participants, demonstrating its broad impact and commitment to delivering valuable services. This concerted effort fosters financial education, helping members make informed decisions and secure their financial futures, ultimately enhancing the overall quality of life for educators and their families in New York State.
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.
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 2024.
- Investment Income: $2,979,728
- Program Service Revenue: $4,792,461
- Gross Receipts: $30,245,875
Assets and Liabilities:
- Total Assets: $84,930,451
- Total Liabilities: $35,622,633
- Net Assets: $49,307,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBS
Revenue
$4,172,974
SERVICE FEE
Revenue
$619,487
Organization Details
Founding Year
1983
Principal Officer
J Philippe Abraham
Website
www.memberbenefits.nysutNTEE Category
Code: J40 - Employment
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