New York State United Teachers Member Benefits Catastrophe Major
Latham, NY 12110 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $51,255,298 | $29,226,113 | $209,741,038 |
| FY2023 | $40,748,810 | $28,168,874 | $181,559,555 |
| FY2022 | $43,148,939 | $25,958,750 | $157,077,575 |
| FY2021 | $48,601,749 | $27,748,490 | $161,888,348 |
| FY2020 | $41,660,045 | $31,298,003 | $139,241,350 |
| FY2019 | $42,411,248 | $35,018,157 | $119,322,900 |
| FY2018 | $41,931,127 | $31,314,620 | $101,906,009 |
| FY2017 | $35,832,080 | $22,457,177 | $96,400,958 |
| FY2016 | $33,078,408 | $16,140,032 | $78,172,869 |
| FY2015 | $11,063,432 | $3,257,170 | $59,507,524 |
Form 990 filings
The returns filed by New York State United Teachers Member Benefits Catastrophe Major (EIN 47-7358956), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $37,445,143 | 73% |
| Other revenue | $13,810,155 | 27% |
What the numbers show
- Program service revenue made up 73% of total revenue in FY2024.
- Net assets covered about 86.1 months of expenses at the end of the reporting year. That puts it in the 88th percentile among 1642 Health Care organizations in NY.
- Total revenue was higher than 86.6% of 1756 Health Care organizations in NY.
- Total revenue rose from $11,063,432 in FY2015 to $51,255,298 in FY2024. Revenue increased in 6 and decreased in 3 of 9 year-over-year comparisons.
- Revenue covered expenses in each of the 10 reported years, FY2015 to FY2024.
- Net assets grew from $59,507,524 to $209,741,038 between FY2015 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE CATASTROPHE MAJOR MEDICAL PLAN ("CMM PLAN") WAS FORMED UNDER TRUST TO PROVIDE SUPPLEMENTAL (EXCESS MAJOR MEDICAL BENEFITS) HEALTH INSURANCE TO THE NYSUT MEMBERSHIP WHO VOLUNTARILY PARTICIPATE.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(5) |
| Program area (NTEE) | E80 — Health Care (in NY) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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