Columbia University Retiree Medical and Life Ins Benefits Tr
78% goes to programs Strong reserves Declining revenue
Columbia University Retiree Medical and Life Ins Benefits Tr is a 501(c)(3) organization based in New York, New York, registered in 1995, with $7,648,004 in FY2023 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
Columbia Univ 615 W 131 St Mc 8741, New York, NY, 10027 EIN 13-3800106 Since 1995
Revenue (FY2023)
$7.6M
▼ 70.3% vs prior year
Membership median: $185K
Expenses (FY2023)
$6.5M
Net assets
$240.9M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating78% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Columbia University Retiree Medical and Life Ins Benefits Tr: 78% to programs earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating446 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Columbia University Retiree Medical and Life Ins Benefits Tr: 446 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Columbia University Retiree Medical and Life Ins Benefits Tr: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Columbia University Retiree Medical and Life Ins Benefits Tr: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Support columbia university's medical and life insurance benefits.
Contact & location
- Address
- Columbia Univ 615 W 131 St Mc 8741, New York, NY, 10027
- City
- New York
- State
- New York
- Category
- Mutual & Membership Benefit
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $17.5M (FY2013) to $7.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $408KNet assets $240.9M
Operating margin
15.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$241.4M
Total liabilities
$408K
Net assets
$240.9M
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,648,004▼70.3% | $6,487,974▼39.4% | $240,945,495▲6.1% | $241,353,087▲6.1% | 990 |
| 2022 | $25,760,888▲50.6% | $10,713,813▼27.2% | $227,157,130▲3.1% | $227,538,435▲2.7% | 990 |
| 2021 | $17,105,958▲13.9% | $14,720,440▲14.4% | $220,273,781▼15.0% | $221,623,843▼14.8% | 990 |
| 2020 | $15,024,867▲32.8% | $12,865,421▲13.9% | $259,182,632▲22.5% | $260,242,864▲22.9% | 990 |
| 2019 | $11,309,784▲24.1% | $11,298,391▲9.6% | $211,562,684▲0.2% | $211,725,994▲0.2% | 990 |
| 2018 | $9,111,195▼88.6% | $10,311,864▼13.2% | $211,119,237▲5.2% | $211,369,327▲5.2% | 990 |
| 2017 | $80,189,978▲476% | $11,881,129▼8.0% | $200,629,721▲4.6% | $200,881,815▲4.4% | 990 |
| 2016 | $13,919,356▲1.3% | $12,908,184▼10.0% | $191,862,465▲11.9% | $192,340,338▲12.1% | 990 |
| 2015 | $13,735,053▼12.7% | $14,349,276▲5.0% | $171,431,662▼0.9% | $171,619,546▼1.2% | 990 |
| 2014 | $15,738,819▼10.1% | $13,663,156▲1.6% | $172,982,642▲2.0% | $173,741,872▲1.9% | 990 |
| 2013 | $17,501,581 | $13,444,135▲10.7% | $169,597,630▲18.4% | $170,500,081▲18.6% | 990 |
| 2012 | — | $12,146,870▼8.7% | $143,219,246▲8.3% | $143,721,634▲8.7% | 990 |
| 2011 | — | $13,299,604▲12.4% | $132,187,993▲23.8% | $132,267,867▲23.8% | 990 |
| 2009 | — | $11,836,604 | $106,792,238 | $106,850,075 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anne Sullivan | Trustee | 0.1 | — |
| Soulaymane Kachani | Trustee | 0.1 | — |
| William Mckoy | Trustee | 0.1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| State Street | Investment Fees | $550,631 |
| Pricewaterhouse Coopers LLP | Accounting Fees | $142,300 |
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Compare Columbia University Retiree Medical and Life Ins Benefits Tr
Frequently asked questions
- Is Columbia University Retiree Medical and Life Ins Benefits Tr a legitimate nonprofit?
- Yes. Columbia University Retiree Medical and Life Ins Benefits Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3800106, based in New York, New York. Donations are tax-deductible.
- What is Columbia University Retiree Medical and Life Ins Benefits Tr's EIN?
- Columbia University Retiree Medical and Life Ins Benefits Tr's Employer Identification Number (EIN) is 13-3800106.
- How much revenue does Columbia University Retiree Medical and Life Ins Benefits Tr report?
- Columbia University Retiree Medical and Life Ins Benefits Tr reported $7,648,004 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Columbia University Retiree Medical and Life Ins Benefits Tr's spending goes to programs?
- Columbia University Retiree Medical and Life Ins Benefits Tr spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Columbia University Retiree Medical and Life Ins Benefits Tr have?
- CharityIndex grades Columbia University Retiree Medical and Life Ins Benefits Tr B+, based on program efficiency and fundraising cost.
- How much does Columbia University Retiree Medical and Life Ins Benefits Tr's highest-paid employee make?
- The highest reported compensation on Columbia University Retiree Medical and Life Ins Benefits Tr's latest Form 990 is $0, paid to Anne Sullivan (Trustee).
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Data for Columbia University Retiree Medical and Life Ins Benefits Tr (EIN 13-3800106) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.