2024-04-11T13:33:40-05:00 2023-12-31 061667465 PRAGER METIS CPAS LLC 510 HAIGHT AVENUE POUGHKEEPSIE NY 12603 990 2023-01-01 571194227 THE EMERITI CONSORTIUM FOR RETIREMENT HEALTH SOLUTIONS EMER 8455676666 10800 BISCAYNE BOULEVARD SUITE 740 MIAMI FL 33161 TIMOTHY E LANE PRESIDENT AND CEO 8455676666 2024-04-03 1 TIMOTHY LANE 999009999 0 HIN CHIU LO P00968200 8454737774 2024-04-03 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z TIMOTHY E LANE 10800 BISCAYNE BOULEVARD SUITE 740 MIAMI FL 33161 2993467 0 X WWW.EMERITIHEALTH.ORG X 2003 IL THE ORGANIZATION PROVIDES A TAX-ADVANTAGED METHOD OF PROVIDING FOR RETIREE HEALTH BENEFITS TO EMPLOYEES OF COLLEGES, UNIVERSITIES AND OTHER EDUCATION-RELATED TAX EXEMPT ORGANIZATIONS. 9 9 3 0 0 0 0 0 2724226 2904270 27029 89197 0 0 2751255 2993467 0 0 0 0 945253 918386 0 0 0 1609683 1881158 2554936 2799544 196319 193923 2489116 2720796 243027 280147 2246089 2440649 X EMERITI IS A NON-PROFIT CONSORTIUM THAT WORKS WITH PUBLIC AND PRIVATE NON-PROFIT INSTITUTIONS TO PROVIDE HEALTHCARE SECURITY IN RETIREMENT. EMERITI OFFERS CUSTOMIZED PLAN DESIGNS FOR MEMBER INSTITUTIONS TO PROVIDE THEIR EMPLOYEES WITH SUSTAINABLE PROGRAMS FOR RETIREE HEALTH BENEFITS.CONSORTIUM MEMBERS INCLUDE ACADEMIC, CULTURAL, PUBLIC SECTOR, RESEARCH, PHILANTHROPIC, SCIENTIFIC, MEDICAL, AND EDUCATIONAL INSTITUTIONS. 0 0 2638344 2904270 ASSIST EDUCATION INSTITUTIONS SECURE TIMELY RETIREMENT OF THEIR FACULTIES AND STAFF BY PROVIDING A TAX-ADVANTAGED METHOD OF PROVIDING FOR RETIREE HEALTH BENEFITS. 2638344 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 9 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROGER L MONTGOMERY VP FOR FINANCE 8455676666 10800 BISCAYNE BOULEVARD SUITE 740 MIAMI FL 33161 DAVID ANDERSON CHAIR 5.00 X 6250 0 0 CARRIE ABILDGAARD SECRETARY 5.00 X 0 0 0 PAUL FRONSTIN TREASURER 5.00 X 6250 0 0 ROBERT BURKE TRUSTEE 5.00 X 5000 0 0 CRISTLE COLLINS-JUDD TRUSTEE 5.00 X 0 0 0 RICHARD EKMAN TRUSTEE 5.00 X 6250 0 0 DANIEL T KONSTALID TRUSTEE 5.00 X 0 0 0 MICHAEL S NOETZEL TRUSTEE 5.00 X 6250 0 0 TAMARA M SIMON TRUSTEE 5.00 X 0 0 0 TIMOTHY E LANE PRESIDENT & CEO 40.00 X 359600 0 27134 ROGER L MONTGOMERY VP FOR FINANCE 40.00 X 279922 0 46948 669522 0 74082 2 0 1 0 CBIZ RETIREMENT PLAN SERVICES 1845 WALNUT STREET 14TH FLOOR PHILADELPHIA PA 19103 RECORDKEEPING 840867 TIAA 730 THIRD AVENUE NEW YORK NY 10017 RECORDKEEPING 441575 JEREMIAH HANRAHAN 2806 HARRINGTON PL WAXHAW NC 29173 CONSULTING FEES 180000 3 PARTICIPANT ACCOUNT FE 541900 2904270 2904270 2904270 89197 89197 2993467 2904270 0 89197 743604 669244 74360 83816 75434 8382 8707 7836 871 47398 42658 4740 34861 31375 3486 253313 227982 25331 25997 25997 121350 105350 16000 7020 7020 40774 40316 458 14950 14950 15750 14175 1575 74690 74690 1432 1432 30772 30772 RECORDKEEPING FEES 1294479 1294479 MISCELLANEOUS 512 512 CREDIT LOSS EXPENSE 119 119 2799544 2638344 161200 0 162841 313158 2175961 2172677 129188 199134 12571 24597 10093 3897 3223 6196 5332 5034 2489116 2720796 237695 275113 5332 5034 243027 280147 X 2246089 2440649 2246089 2440649 2489116 2720796 193923 637 0 X 0 1 X 1 0 X 2469278 2564401 2615832 2724226 2904270 13278007 2469278 2564401 2615832 2724226 2904270 13278007 0 0 0 13278007 37302 9498 1424 27029 89197 164450 37302 9498 1424 27029 89197 164450 2506580 2573899 2617256 2751255 2993467 13442457 0.98780 0.99120 0.01220 0.00880 X 10093 3897 6196 6196 GRANTOR TRUST LIABILITY 5034 5034 X 2994104 637 637 2993467 0 2993467 2799544 0 2799544 0 2799544 PART X, LINE 2: MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY EMERITI AND RECOGNIZES A TAX LIABILITY IF EMERITI HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WILL NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS CONCLUDED THAT AS OF YEAR END, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X 0 0 0 0 0 0 0 0 0 TIMOTHY E LANE PRESIDENT & CEO 262100 0 97500 0 0 0 27134 0 0 0 386734 0 0 0 ROGER L MONTGOMERY VP FOR FINANCE 204922 0 75000 0 0 0 23207 0 23741 0 326870 0 0 0 ROGER MONTGOMERY VP FOR FINANCE 13320 OFFICE LEASE 0 SCHEDULE L, PART V - ADDITIONAL INFORMATION THE ORGANIZATION HAS A NON-CANCELLABLE LEASE AGREEMENT WITH MONTGOMERY & FORE TRAVEL CONSULTING SERVICES, INC., A COMPANY IN WHICH EMERITI'S VP FOR FINANCE IS A PRINCIPAL. THE ORGANIZATION HAD A ONE-YEAR LEASE THAT WAS DUE TO EXPIRE IN AUGUST 2023, BUT WAS EXTENDED FOR AN ADDITIONAL ONE-YEAR TERM, EXPIRING AUGUST 2024. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PRESENTED TO AND APPROVED BY THE AUDIT COMMITTEE AND THEN PASSED ON TO THE FULL BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FORMS ARE REVIEWED AND UPDATED ANNUALLY. EACH OFFICER, ADVISORY COUNCIL MEMBER, AND BOARD TRUSTEE IS REQUIRED TO SIGN THE UPDATED FORM ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 EFFECTIVE NOVEMBER 2020, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, WHO PREVIOUSLY WORKED FOR EMERITI AS A CONSULTANT, WAS HIRED AS A FULL-TIME EMPLOYEE AT EMERITI. AT THIS TIME, THE BOARD HELD A SPECIAL MEETING, AND AT THAT MEETING THE PROSPECTIVE CEO PROPOSED A COMPENSATION FORMULA. THE BOARD DISCUSSED THE PROPOSAL CONSIDERING THE COMPENSATION OF PRIOR CEOS, THE PREVIOUS FINANCIAL ARRANGEMENT FOR 50% OF THE CEO'S TIME, AND THE TRUSTEES' KNOWLEDGE OF COMPENSATION LEVELS FOR COMPARABLE EXECUTIVES; THEN THE BOARD REVISED THE PROPOSAL. ADDITIONAL DISCUSSIONS OCCURRED AT THE NEXT REGULAR BOARD MEETING, AND AT AN EXECUTIVE SESSION, THE BOARD AGREED AND ADOPTED A RESOLUTION DOCUMENTING THE COMPENSATION OF THE CEO. 15B - SENIOR MANAGEMENT EMPLOYEES AND RELATED BENEFIT SCHEDULES ARE PREPARED BY THE PRESIDENT AND PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. EMERITI RETIREE HEALTH PLAN 10800 BISCAYNE BOULEVARD SUITE 740 MIAMI FL 33161 043838450 RETIREMENT NY 501(C)(9) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0