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Filing year 2024

NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST

Latham, New York·EIN 47-7358956·NTEE E80 · Health Care·5
Total revenue
$51.3M
Total assets
$212.1M
Total expenses
$29.2M
Reported officers
12
Mission

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 · Schedule J · 7 reported individuals · Filing year 2024

Cfo, Director of Finance
$123k
$133k
Deputy Director Finance
$113k
$123k
Secretary
officer (unspecified)
$107k
$116k
Asst in Member Benefits
highest compensated employee
$105k
$114k
Chairperson/trustee
officer (unspecified)
$100k
$108k
Member Benefit Specialist
highest compensated employee
$83k
$90k
Director of Member Benefit
highest compensated employee
$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.

Browse compensation in Health Care

Down 7%
from 2023

From $132k in 2023 to $123k in 2024.

$132k
2023
$123k
2024
In today's dollarsEst.
Down 10% in real terms$148k to $133k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NYSUT MEMBER BENEFITS CATASTROPHE MAJOR MEDICAL INSURANCE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$40.7M
$28.2M
2023
$51.3M
$29.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in New York

Comparable health care organizations in New York pay their highest-earning executive a median of $136,904.

25th percentile
$65k
Median
$136,904
75th percentile
$342k
90th percentile
$781k

These are health care sector-wide figures, not this organization's reported pay. Based on 188 organizations across 188 filings (2021 – 2023).

See full Health Care pay data for New York
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