Multifamily Insurance Trust

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

EIN: 357086833 ✦ Suffern, NY ✦ Designated as a 501(c)(9)

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Overview

What is Multifamily Insurance Trust?

The Multifamily Insurance Trust is a nonprofit organization situated in Suffern, New York. Its primary mission is to offer health and medical benefits to eligible employees, surviving spouses, dependents, and beneficiaries. This voluntary employee benefit association aims to provide financial assistance in these areas, serving as a vital support system for its members. The organization is dedicated to enhancing the well-being of its beneficiaries by providing essential medical benefits.

Is Multifamily Insurance Trust legitimate?

Multifamily Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Multifamily 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Multifamily Insurance Trust?

The Multifamily Insurance Trust, serving as a voluntary employee benefit association, is committed to providing payments for certain health and medical benefits to eligible employees, surviving spouses, dependents, and beneficiaries. Its mission is to ensure these financial aids are accessible to those in need, thereby offering them essential support during health and medical situations. This organization operates by providing a structure for such benefits, fostering financial security and peace of mind for its members during challenging health circumstances.

Who is the CEO of Multifamily Insurance Trust?

John Bryan is the Trustee, Thru 10/21/2021 of Multifamily Insurance Trust.

What is the revenue of Multifamily Insurance Trust?

Multifamily Insurance Trust's revenue in 2022 was $8,049,430.

Who are the executives of Multifamily Insurance Trust and what are their salaries?


Here are 2 key members and their salaries:


Samuel M Rotter (Trustee, Thru 10/21/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Goldstein (Trustee, Eff. 10/21/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Multifamily Insurance Trust?

Multifamily Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Multifamily Insurance Trust

Multifamily Insurance Trust, as a voluntary employee benefit association, is committed to providing payments for certain health and medical benefits to eligible employees, surviving spouses, dependents, and beneficiaries. This organization's mission is centered around ensuring financial assistance for healthcare needs, extending this support to the families and loved ones of employees. By offering these benefits, Multifamily Insurance Trust aims to alleviate some of the financial burden associated with healthcare expenses, thereby providing peace of mind and improved access to necessary medical services for its members.

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Impact




October, 2024

Multifamily Insurance Trust significantly impacts its community by providing essential health and medical benefits to eligible employees, their surviving spouses, dependents, and beneficiaries. By ensuring access to critical health services, it enhances the well-being of those involved and alleviates financial burdens associated with medical expenses. This support not only fosters a healthier workforce but also contributes to a more secure living environment for families. Operating from Suffern, NY, the trust plays a vital role in promoting mutual benefit, empowering individuals to maintain their health and quality of life through comprehensive insurance coverage. Its mission underscores the importance of collective support in securing health benefits for a diverse group of individuals in the multifamily housing industry.




This information is meant to be a general summary of Multifamily 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.

Revenue
$8,049,430 (2022)
Expenses
$7,971,533 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57
  • Program Service Revenue: $8,049,373
  • Gross Receipts: $8,049,430

Assets and Liabilities:

  • Total Assets: $791,846
  • Total Liabilities: $596,615
  • Net Assets: $195,231

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Programs

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

PARTICIPANTS CONTRIBUTIONS

Revenue

$8,049,373

Organization Details

Founding Year

2017

Principal Officer

John Bryan

Main Address

4 executive blvd, suffern, NY, 10901

NTEE Category

Code: Y43 - Mutual benefit

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