Nonprofit · EIN 46-5297603
NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $163,440 | $210,991 | -$47,551 | $4,974,641 | $0 | $4,974,641 |
| December 31, 2024 | 990 | $181,594 | $202,105 | -$20,511 | $4,729,035 | $0 | $4,729,035 |
| December 31, 2023 | 990 | $346,822 | $198,553 | $148,269 | $4,590,426 | $0 | $4,590,426 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $163,440
- Net gain from sales of assets
- $916
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $210,991
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $4,729,035
- Total assets, end of year
- $4,974,641
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,974,641
- Publicly traded securities
- $4,797,373
- Gross receipts
- $163,440
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- NJ
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL LOSAVIO | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER PEAKS | DIRECTOR Trustee or director | 1 | $0 |
| STEVE MUTTERPERL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT CHIN | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER PEAKS | DIRECTOR Trustee or director | 1 | $0 |
| STEVE MUTTERPERL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT CHIN | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER PEAKS | DIRECTOR Trustee or director | 1 | $0 |
| STEVE MUTTERPERL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 570 BROAD STREET, NEWARK, NJ 07102-4532
- In care of
- % ALBERT CHIN
- Principal officer (990 for 2025)
- MICHAEL LOSAVIO, 570 BROAD STREET, NEWARK, NJ 07102
- Signed the 990
- MICHAEL LOSAVIO, DIRECTOR
- Phone
- (973) 718-6022
- Return prepared by
- THOMAS HOWELL FERGUSON PA
Mission
THE PURPOSE OF THE NEW JERSEY UNDERWRITING ASSOCIATION RETIREE MEDICAL TRUST (THE "TRUST") IS TO PROVIDE A WELFARE BENEFITS PLAN FOR ALL ELIGIBLE RETIREES, AS WELL AS THEIR DEPENDENTS, OF THE NEW JERSEY INSURANCE UNDERWRITING ASSOCIATION (THE "ASSOCIATION"). THE ICSO GROUP HEALTH AND WELFARE INSURANCE PLAN (THE "PLAN") PROVIDES PAYMENTS AND REIMBURSEMENTS OF QUALIFIED MEDICAL PREMIUMS AND EXPENSES INCURRED BY THE PARTICIPANTS. THE PAYMENTS ARE FOR QUALIFYING MEDICAL CARE EXPENSES, DEFINED BY SECTION 213(D)(1) OF THE CODE, OR MEDICAL INSURANCE COVERAGE. MEMBERSHIP BENEFITS FROM THE PLAN ARE NOT LIMITED TO OFFICERS, SHAREHOLDERS, OR HIGHLY COMPENSATED EMPLOYEES. THE APPOINTED TRUSTEES WILL BE RESPONSIBLE FOR THE MANAGING OF THE FUND.
Program accomplishments
- PROVIDE WELFARE BENEFITS PLAN FOR ELIGIBLE RETIREES, AS WELL AS THEIR DEPENDENTS, OF THE NEW JERSEY INSURANCE UNDERWRITING ASSOCIATION. IN 2025, THERE WERE 43 PARTICIPANTS WHICH WERE COMPROMISED OF 35 RETIREES AND 8 SPOUSES.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5297603
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y20)
- Assets (IRS master file)
- $4,974,641
- Income (IRS master file)
- $163,440
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $163,440 | $210,991 | $4,974,641 | XML |
| 990 | December 2024 | $181,594 | $202,105 | $4,729,035 | IRS |
| 990 | December 2023 | $346,822 | $198,553 | $4,590,426 | XML |
| 990 | December 2022 | $251,787 | $207,115 | $4,281,260 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 46-5297603).
Questions about NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST
- What is the EIN of NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST?
- The employer identification number (EIN) of NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST is 46-5297603.
- Is NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2015.
- Are donations to NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST 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 JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST?
- The 990 for the year ended December 31, 2025 names MICHAEL LOSAVIO.
- Who are the officers and directors of NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW JERSEY INS UNDERWRITING ASSOC RETIREMENT MEDICAL BENEFIT TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $163,440, expenses of $210,991 and total assets of $4,974,641 at year end.
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