Overview
What is Nea Members Insurance Trust?
Nea Members Insurance Trust is a nonprofit organization dedicated to offering life and accidental death and dismemberment insurance to the 3 million NEA (National Education Association) members and their dependents. Based in Gaithersburg, Maryland, the trust aims to provide these insurance benefits in accordance with the NEA Members Insurance Plan. It is a voluntary program that includes a Complimentary Life program, which is offered at no cost to the members. The trust's mission is to ensure NEA members have access to essential employee welfare benefits.
Is Nea Members Insurance Trust legitimate?
Nea Members Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nea Members 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Nea Members Insurance Trust
Nea Members Insurance Trust, a vital organization, is dedicated to extending employee welfare benefits to members of the National Education Association (NEA) and their dependents, in accordance with the NEA Members Insurance Plan. This commitment is fulfilled through the provision of voluntary life and accidental death and dismemberment insurance coverage.
The Trust goes beyond the basic expectations by offering the Complimentary Life program as a generous gesture to NEA members, providing this essential coverage at no additional cost. With a membership base of over three million education professionals, Nea Members Insurance Trust plays an integral role in safeguarding their financial wellbeing and peace of mind. By catering to the needs of this diverse community, the Trust reinforces its unwavering dedication to its mission.
Impact
This information is meant to be a general summary of Nea Members Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Nea Members Insurance Trust's impact can be seen in the support and security it provides to the 3 million NEA members and their dependents. By offering a range of insurance options such as life and accidental death and dismemberment coverage, the Trust helps ensure that NEA members have access to essential protection for themselves and their families. Additionally, through initiatives like the Complimentary Life program, which is provided at no cost to members, the Trust demonstrates a commitment to enhancing the well-being of NEA members. Overall, Nea Members Insurance Trust plays a vital role in safeguarding the financial security and peace of mind of NEA members.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NEA MEMBER CONTRB- PREF-TERM
Revenue
$2,160,908
NEA MEMBER CONTRB-LIFE/ADD
Revenue
$92,301,640
Organization Details
Founding Year
1978
Phone
(301) 251-9600
Principal Officer
Noel Candelaria
Main Address
c/o MB 900 CLOPPER ROAD SUITE 300, GAITHERSBURG, MD, 20878
NTEE Category
Code: Y40 - Mutual benefit
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