National Education Association And Affiliate Retiree Health Plan

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

EIN: 527073317 ✦ Washington, DC ✦ Designated as a 501(c)(9)

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Overview

What is National Education Association And Affiliate Retiree Health Plan?

The National Education Association and Affiliate Retiree Health Plan is a welfare benefit program designed to provide retired employees of the National Education Association (NEA) and its eligible state affiliates with healthcare benefits. Based in Washington, D.C., the plan currently collaborates with Arizona Education Association and caters to 652 retired individuals as of 2022. The primary mission of this nonprofit organization is to ensure the well-being of retired educators by offering comprehensive health benefits.

What are the reviews and ratings of this charity?

The National Education Association And Affiliate Retiree Health Plan is not currently rated by Charity Navigator. This lack of rating is due to the organization not being a 501(c)(3) IRS registered nonprofit, which is necessary for a full evaluation. The absence of a rating does not imply any judgment about the organization's effectiveness or financial health.

Charity Navigator's current evaluation methodologies, such as those for Accountability & Finance or Impact & Measurement, cannot be applied here. Historically, Charity Navigator ratings focused on a version of the Accountability and Finance score, but the organization in question does not meet the requirements for this assessment.

Due to its classification, further details such as total revenue, expenses, and salary data of key personnel are unavailable. This limits the public's capacity to view quantitative indicators of the organization's financial practices or operational impact. Additionally, there are no user reviews on GreatNonprofits, resulting in a lack of qualitative feedback from beneficiaries or stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is National Education Association And Affiliate Retiree Health Plan legitimate?

National Education Association And Affiliate Retiree Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. National Education Association And Affiliate Retiree Health Plan 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 National Education Association And Affiliate Retiree Health Plan?

The National Education Association and Affiliate Retiree Health Plan serves as a welfare benefit program, dedicated to providing retiree health benefits to retired employees of the National Education Association (NEA) and eligible participating state affiliates. Currently, the Arizona Education Association is among the participating organizations. The primary objective of the plan is to ensure the wellbeing of retired educators, offering them essential health coverage. With approximately 652 retirees enrolled in 2022, the plan continues to contribute significantly to the collective welfare of retired education sector employees.

Who is the CEO of National Education Association And Affiliate Retiree Health Plan?

James Testerman is the Trustee of National Education Association And Affiliate Retiree Health Plan.

What is the revenue of National Education Association And Affiliate Retiree Health Plan?

National Education Association And Affiliate Retiree Health Plan's revenue in 2022 was $18,543,173.

Who are the executives of National Education Association And Affiliate Retiree Health Plan and what are their salaries?


Here are 6 key members and their salaries:


Michael Mcpherson (Trustee)
  • Compensation: $0
  • Related: $287,784
  • Other: $161,367
James Testerman (Trustee, Plan Admin Eff 11/1/2022)
  • Compensation: $0
  • Related: $287,641
  • Other: $114,519
Margaret Sleeper (Trustee Thru 8/31/2022)
  • Compensation: $0
  • Related: $120,959
  • Other: $33,883
Nikki Davis (Plan Administrator 1/10/2022 To 10/31/2022)
  • Compensation: $0
  • Related: $214,633
  • Other: $63,514
Vijaya Krishna (Plan Administrator Thru Jan 9, 2022)
  • Compensation: $0
  • Related: $242,223
  • Other: $78,000
Jessica Swanson (Trustee, Eff 9/1/2022)
  • Compensation: $0
  • Related: $39,950
  • Other: $8,161
Where can I find the form 990 for National Education Association And Affiliate Retiree Health Plan?

National Education Association And Affiliate Retiree Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of National Education Association And Affiliate Retiree Health Plan

The National Education Association And Affiliate Retiree Health Plan is a welfare benefit program dedicated to providing healthcare benefits for retired employees of the National Education Association (NEA) and its eligible participating state affiliates. With the aim of ensuring the well-being of retired educators, this plan invariably extends its coverage to retirees from NEA and its collaborating state affiliates. In the year 2022, over 600 retirees availed the benefits offered by this plan.

In essence, the National Education Association And Affiliate Retiree Health Plan serves as a safety net for retired educators, offering them access to essential healthcare services. By doing so, it enables these individuals to maintain their health and live with peace of mind during their retirement years. It is a testament to the commitment of NEA and its participating state affiliates towards their retired employees, providing them with continued support even after they have concluded their careers in education.

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Impact




October, 2024

The National Education Association And Affiliate Retiree Health Plan serves a crucial role in providing health benefits specifically designed for retired employees of the National Education Association (NEA) and its eligible participating state affiliates, including the Arizona Education Association. By focusing on the health coverage needs of retirees, the plan ensures that these individuals have access to necessary healthcare services during their retirement years.

With a mission centered on supporting the well-being of retirees, the plan addresses the challenges many face in securing affordable health insurance post-employment. In 2022, 652 retirees were enrolled in the program, highlighting its significance in the lives of educators who have dedicated their careers to the profession.

By prioritizing retiree health benefits, the plan not only enhances the standard of living for retirees but also fosters a sense of security and community among former educators. This provides peace of mind, allowing retirees to focus on their personal and family needs without the burden of inadequate healthcare coverage. The impact of the National Education Association And Affiliate Retiree Health Plan thus extends beyond mere healthcare; it represents a commitment to honoring the contributions of educators and ensuring they continue to receive support as they transition into retirement.




This information is meant to be a general summary of National Education Association And Affiliate Retiree Health Plan. 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
$18,543,173 (2022)
Expenses
$11,073,627 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,348,743
  • Program Service Revenue: $7,695,255
  • Gross Receipts: $18,648,844

Assets and Liabilities:

  • Total Assets: $218,679,842
  • Total Liabilities: $71,224
  • Net Assets: $218,608,618

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$7,695,255

Organization Details

Founding Year

2000

Principal Officer

James Testerman

Main Address

1201 16TH STREET NW 519, WASHINGTON, DC, 200363290

NTEE Category

Code: Y43 - Mutual benefit

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