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Nonprofit · EIN 22-2480854

NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR

Tax-exempt · LATHAM, NY 12110

Financials

$15.6M$12.4M2022$18.5M$11.7M2023$18M$15M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$17,969,501$15,039,756$2,929,745$110,539,076$40,681,492$69,857,584
August 31, 2024990$18,491,676$11,661,045$6,830,631$102,167,026$37,278,754$64,888,272
August 31, 2023990$15,581,239$12,375,508$3,205,731$92,198,961$39,352,891$52,846,070
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,600,720
Investment income
$4,013,338
Net gain from sales of assets
$478,934
Other revenue
$9,355,443

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$5,372,948
Other salaries and wages
$2,110,497
Salaries, compensation and benefits (total)
$2,931,526
Professional fundraising fees
$0
Legal fees
$69,309
Accounting fees
$55,917
Occupancy
$363,245
Travel
$19,794
Depreciation
$7,811

Balance sheet and other

Total assets, start of year
$102,167,026
Total assets, end of year
$110,539,076
Total liabilities, end of year
$40,681,492
Net assets, end of year
$69,857,584
Land, buildings and equipment
$20,379
Publicly traded securities
$57,278,621
Gross receipts
$46,563,934
Employees
0
Volunteers
0
Year formed
1983
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEFFREY LOCKWOODDIRECTOR OF FINANCE
Highest-paid employee
2$0$222,424$122,950
JACLYN L FERRUCCIDEPUTY DIRECTOR FINANCE
Highest-paid employee
9$0$196,064$113,453
DEREK CLEMENTASST IN MEMBER BENEFITS
Highest-paid employee
35$0$168,311$105,314
J PHILIPPE ABRAHAMTRUSTEE-CHAIR
Trustee or director, Officer
17$0$165,584$99,570
ADAM DOLINGMEMBER BENEFITS SPECIALIST
Highest-paid employee
35$0$123,088$90,510
MICHELLE KENNEDYMEMBER BENEFITS
Highest-paid employee
35$0$123,355$83,344
ANTHONY NICODEMOTRUSTEE
Trustee or director
2$0$16,747$0
LORETTA DONLONTRUSTEE
Trustee or director
2$0$16,747$0
MICHAEL SILLTRUSTEE
Trustee or director
2$0$16,747$0
NATALIE MCKAYTRUSTEE
Trustee or director
2$0$16,747$0
ANGELINA RIVERATRUSTEE
Trustee or director
2$0$16,747$0
RODERICK SHERMANTRUSTEE-SECRETARY
Trustee or director, Officer
2$0$2,875$0
KEVIN PETERMANTRUSTEE
Trustee or director
2$0$2,875$0
CAROLYN KUBETRUSTEE
Trustee or director
2$0$0$0
AMBER CHANDLERTRUSTEE
Trustee or director
2$0$0$0
990 for the year ended August 31, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEFFREY LOCKWOODDIRECTOR OF FINANCE
Highest-paid employee
2$0$229,683$132,096
MICHAEL TRAVINSKIASSOC GENERAL COUNSEL
Highest-paid employee
7$0$211,012$132,295
JACLYN L FERRUCCIDEPUTY DIRECTOR FINANCE
Highest-paid employee
9$0$191,252$119,379
BETSY L PORTERMANAGER, MEMBER BENEFITS
Key employee
35$0$175,792$114,581
DEREK CLEMENTASST IN MEMBER BENEFITS
Highest-paid employee
35$0$168,758$109,952
J PHILIPPE ABRAHAMTRUSTEE-CHAIR
Trustee or director, Officer
17$0$163,978$101,726
GINGER LACHAPELLEDIRECTOR OF MEMBER BENEFITS
Key employee
35$0$157,936$90,644
DEBRA FELLOWSASST MGR MEMBER BENEFITS
Highest-paid employee
35$0$140,371$75,626
LORETTA DONLONTRUSTEE
Trustee or director
2$0$16,418$0
MICHAEL SILLTRUSTEE
Trustee or director
2$0$16,418$0
AMBER CHANDLERTRUSTEE
Trustee or director
2$0$16,418$0
ANGELINA RIVERATRUSTEE
Trustee or director
2$0$16,418$0
NATALIE MCKAYTRUSTEE
Trustee or director
2$0$13,310$0
ANTHONY NICODEMOTRUSTEE
Trustee or director
2$0$11,542$0
RODERICK SHERMANTRUSTEE-SECRETARY
Trustee or director, Officer
2$0$2,705$0
KEVIN PETERMANTRUSTEE
Trustee or director
2$0$2,705$0
CAROLYN KUBETRUSTEE
Trustee or director
2$0$0$0
990 for the year ended August 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEFFREY LOCKWOODDIRECTOR OF FINANCE
Highest-paid employee
2$0$209,804$117,042
MICHAEL TRAVINSKIASSOC GENERAL COUNSEL
Highest-paid employee
7$0$205,746$103,891
JACLYN L FERRUCCIDEPUTY DIRECTOR FINANCE
Highest-paid employee
9$0$178,741$107,065
BETSY L PORTERMANAGER, MEMBER BENEFITS
Highest-paid employee
35$0$167,876$103,884
DEREK CLEMENTASST IN MEMBER BENEFITS
Highest-paid employee
35$0$166,526$103,540
J PHILIPPE ABRAHAMTRUSTEE-CHAIR
Trustee or director, Officer
17$0$162,574$95,419
JEFFREY HARTNETTDIRECTOR OF MEMBER BENEFIT
Former
35$0$118,026$119,900
ANGELINA RIVERATRUSTEE
Trustee or director
2$0$16,596$0
LORETTA DONLONTRUSTEE
Trustee or director
2$0$16,096$0
MICHAEL SILLTRUSTEE
Trustee or director
2$0$16,096$0
NATALIE MCKAYTRUSTEE
Trustee or director
2$0$5,237$0
RODERICK SHERMANTRUSTEE-SECRETARY
Trustee or director, Officer
2$0$2,555$0
KEVIN PETERMANTRUSTEE
Trustee or director
2$0$2,555$0
CAROLYN KUBETRUSTEE
Trustee or director
2$0$1,301$0
ANTHONY NICODEMOTRUSTEE
Trustee or director
2$0$0$0
AMBER CHANDLERTRUSTEE
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
800 TROY SCHENECTADY RD, LATHAM, NY 12110-2455
Principal officer (990 for 2024)
J PHILIPPE ABRAHAM, 800 TROY SCHENECTADY ROAD, LATHAM, NY 121102455
Signed the 990
J PHILIPPE ABRAHAM, TRUSTEE
Phone
(518) 213-6000
Return prepared by
WEAVER AND TIDWELL LLP

Mission

ENDORSING QUALITY PROGRAMS THAT ARE COMPETITIVELY PRICED AND ARE DESIGNED TO PROVIDE FINANCIAL EDUCATION AND SECURITY FOR MEMBERS AND THEIR FAMILIES.

990 for the year ended August 31, 2025

Program accomplishments

  • PEER SUPPORT LINETHE PEER SUPPORT LINE, AVAILABLE THROUGH RUTGERS UNIVERSITY BEHAVIORAL HEALTH CARE, IS A CONFIDENTIAL HELPLINE PROVIDED AT NO COST TO ALL NYSUT MEMBERS AND THEIR FAMILIES. STAFFED BY TRAINED IN-SERVICE AND RETIRED INDIVIDUALS WHO UNDERSTAND THE UNIQUE PROFESSIONAL AND PERSONAL CHALLENGES OF NYSUT MEMBERS, THE PEER SUPPORT LINE CAN PROVIDE ANSWERS, RESOURCES, AND EMPATHETIC SUPPORT WHEN IT IS NEEDED.
  • LEGAL ASSISTANCE PLANTHE LEGAL ASSISTANCE PLAN IS AVAILABLE AT NO COST TO NYSUT MEMBERS IN A NON-FULL DUES CATEGORY OR SPLIT DUES CATEGORY. PROVIDED BY THE LAW FIRM OF FELDMAN, KRAMER & MONACO, P.C., THIS PLAN PROVIDES ELIGIBLE MEMBERS WITH FREE TELEPHONE ACCESS TO ATTORNEYS AS WELL AS A LIMITED NUMBER OF LEGAL DOCUMENTS.
  • PREMIUM CALM SERVICETHE PREMIUM CALM SUBSCRIPTION PROVIDES ALL NYSUT IN-SERVICE AND RETIREE MEMBERS WITH UNLIMITED FREE ACCESS TO THE FULL LIBRARY OF SLEEP, MEDITATION, AND RELAXATION CONTENT AT CALM.COM AND IN THE CALM APP, WHICH CAN BE UTILIZED VIA A DESKTOP, LAPTOP, TABLET, OR MOBILE DEVICE (IOS OR ANDROID). MEMBERS CAN ADD UP TO FIVE DEPENDENTS (AGE 16 OR OLDER) TO RECEIVE THEIR OWN PREMIUM CALM SUBSCRIPTION.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
22-2480854
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1984
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$110,539,076
Income (IRS master file)
$46,563,934

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$17,969,501$15,039,756$110,539,076XML
990August 2024$18,491,676$11,661,045$102,167,026XML
990August 2023$15,581,239$12,375,508$92,198,961XML
990August 2022$17,673,136$11,170,496$84,930,451IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2480854).

Questions about NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR

What is the EIN of NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR?
The employer identification number (EIN) of NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR is 22-2480854.
Is NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1984.
Are donations to NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR?
The 990 for the year ended August 31, 2025 names J PHILIPPE ABRAHAM.
Who are the officers and directors of NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR?
The 990 for the year ended August 31, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does NEW YORK STATE UNITED TEACHERS MEMBER BENEFITS TR have?
On its 990 for the year ended August 31, 2025 it reported revenue of $17,969,501, expenses of $15,039,756 and total assets of $110,539,076 at year end.

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