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.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in New York.
| Position | Total |
|---|---|
Cfo, Director of Finance Median to 75th percentile | $123k $133k |
Deputy Director Finance Median to 75th percentile | $113k $123k |
Secretary Officer (Unspecified) | $107k $116k |
Asst in Member Benefits Highest Compensated Employee Below 10th percentile | $105k $114k |
Chairperson/trustee Officer (Unspecified) | $100k $108k |
Member Benefit Specialist Highest Compensated Employee Below 10th percentile | $83k $90k |
Director of Member Benefit Highest Compensated Employee Below 10th percentile | $57k $62k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 7%
from 2023
From $132k in 2023 to $123k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Financial Officer pay fell 7% from 2023 to 2024, while revenue rose 26%.
- Highest Compensated Employee pay fell 20% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST
What does the Chief Financial Officer of NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST earn?
In 2024, the Chief Financial Officer of NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST received $122,950 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Health Care organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST compare with similar nonprofits?
Compared with the same role at Health Care organizations in New York, the 2024 pay of the Chief Financial Officer at NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.
What are NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST's revenue and expenses?
In 2024, NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST reported $51.3M in total revenue and $29.2M in total expenses on its IRS Form 990.
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