Civic Intelligence

Uftrtc Supplemental Health Insurance Program

990 • Fiscal year 2020 • EIN 13-2892895

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

52 Broadway - 17th FloorNew York, NY 10004-0390

(212) 228-9060

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.07x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2020

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$288,026

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2020 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2020

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

49th percentile

-0.1%

Faster revenue growth than 49% of similar nonprofits.

2020 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$18,966,504

Up $2,324,750 (+14%) from 2019

Net Assets

Up

$18,243,678

Up $1,743,346 (+11%) from 2019

Liabilities

Up

$722,826

Up $581,404 (+411%) from 2019

Revenue

Down

$10,197,177

Down $11,598 (-0.1%) from 2019

Expenses

Down

$8,617,953

Down $1,382,956 (-14%) from 2019

Net Income

Up

$1,579,224

Up $1,371,358 (+660%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $8,071,816Liabilities 2010: $320,355Net Assets 2010: $7,751,4612010Assets 2011: $10,293,848Liabilities 2011: $89,295Net Assets 2011: $10,204,5532011Assets 2012: $12,644,010Liabilities 2012: $158,036Net Assets 2012: $12,485,9742012Assets 2013: $13,891,712Liabilities 2013: $174,556Net Assets 2013: $13,717,1562013Assets 2014: $14,550,995Liabilities 2014: $206,394Net Assets 2014: $14,344,6012014Assets 2015: $14,979,235Liabilities 2015: $105,939Net Assets 2015: $14,873,2962015Assets 2016: $16,158,717Liabilities 2016: $208,595Net Assets 2016: $15,950,1222016Assets 2017: $16,721,389Liabilities 2017: $389,394Net Assets 2017: $16,331,9952017Assets 2018: $16,611,528Liabilities 2018: $376,473Net Assets 2018: $16,235,0552018Assets 2019: $16,641,754Liabilities 2019: $141,422Net Assets 2019: $16,500,3322019Assets 2020: $18,966,504Liabilities 2020: $722,826Net Assets 2020: $18,243,6782020Assets 2021: $18,871,693Liabilities 2021: $713,144Net Assets 2021: $18,158,5492021Assets 2022: $18,250,366Liabilities 2022: $392,080Net Assets 2022: $17,858,2862022Assets 2023: $18,688,380Liabilities 2023: $452,031Net Assets 2023: $18,236,3492023Assets 2024: $18,887,826Liabilities 2024: $601,761Net Assets 2024: $18,286,0652024

Highlighted filing

2020

Assets$18,966,504
Liabilities$722,826
Net Assets$18,243,678

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $7,808,496Expenses 2010: $6,310,633Net Income 2010: $1,497,8632010Revenue 2011: $8,077,467Expenses 2011: $5,672,017Net Income 2011: $2,405,4502011Expenses 2012: $6,050,1952012Revenue 2013: $8,567,640Expenses 2013: $7,309,780Net Income 2013: $1,257,8602013Revenue 2014: $8,920,465Expenses 2014: $8,297,447Net Income 2014: $623,0182014Revenue 2015: $9,196,655Expenses 2015: $8,649,752Net Income 2015: $546,9032015Revenue 2016: $9,391,528Expenses 2016: $8,309,765Net Income 2016: $1,081,7632016Revenue 2017: $9,589,025Expenses 2017: $9,165,405Net Income 2017: $423,6202017Revenue 2018: $9,922,230Expenses 2018: $9,982,356Net Income 2018: -$60,1262018Revenue 2019: $10,208,775Expenses 2019: $10,000,909Net Income 2019: $207,8662019Revenue 2020: $10,197,177Expenses 2020: $8,617,953Net Income 2020: $1,579,2242020Revenue 2021: $10,314,338Expenses 2021: $10,336,134Net Income 2021: -$21,7962021Revenue 2022: $10,704,696Expenses 2022: $10,657,019Net Income 2022: $47,6772022Revenue 2023: $11,061,196Expenses 2023: $10,658,409Net Income 2023: $402,7872023Revenue 2024: $11,223,851Expenses 2024: $11,136,612Net Income 2024: $87,2392024

Highlighted filing

2020

Revenue$10,197,177
Expenses$8,617,953
Net Income$1,579,224
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$10,197,177
Mission and Program Overview

Mission

To provide retired teachers with supplemental health care benefits.

To provide retired teachers and retired employees of the uft, uft welfare fund or affiliated organizations with benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$16,500,332$18,243,678▲ $1,743,346
Savings and Temporary Cash Investments$9,679,027$9,750,981▲ $71,954
Investments in Publicly Traded Securities$5,159,066$5,368,615▲ $209,549
Cash and Non-Interest-Bearing Accounts$284,082$2,802,532▲ $2,518,450
Accounts Receivable$787,620$801,640▲ $14,020
Prepaid Expenses and Deferred Charges$482,327$242,736▼ $239,591
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$16,641,754$18,966,504▲ $2,324,750
Other Assets Total$249,632$0▼ $249,632
Liabilities
Other Liabilities$117,330$683,330▲ $566,000
Accounts Payable and Accrued Expenses$24,092$39,496▲ $15,404
Total Liabilities$141,422$722,826▲ $581,404
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,500,332$18,243,678▲ $1,743,346
Total Liabilities and Net Assets / Fund Balance$16,641,754$18,966,504▲ $2,324,750

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$505,816$505,816
Compensation and Service Providers

Employees

NameTitleOtherTotal
Debra PennyTrustee$127,073$127,073
Thomas BrownTrustee$108,069$108,069
Thomas MurphyTrustee$71,346$71,346
John SoldiniTrustee$630$630

Board Members and Trustees

NameTitle
Tom PappasChairman
Irene LospenusoDirector
Karen AlfordTrustee
Leroy BarrTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,079,797
Investment Income
$117,380
Other Revenue
$0
Change in Net Assets
$1,579,224

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,197,177
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$164,122
Total Revenue per Audited Statements
$10,361,299
Total Revenue per Form 990
$10,197,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,098,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$6,519,170
Information Technology---$782,665
Fees for Services Accounting---$23,510
Insurance---$17,082
Fees for Services Legal---$15,000
Office Expenses---$10,868
Other Expenses---$10,370
Fees for Services Other---$8,905
Total Functional Expenses$0$0$0$8,617,953

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,617,953
Total Expenses per Audited Statements$8,617,953
Total Expenses per Form 990$8,617,953
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Entities$683,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The fund consists of approximately 85,200 retired teachers.

Form 990, Part VI, Section A, Line 8B

The organization does not have any subcommittees.

Form 990, Part VI, Section B, Line 11B

The final version of form 990 is reviewed by the director, the assistant to the director and the trustees prior to the form 990 being filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request from the public. The organization doesn't have a conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Uftrtc Supplemental Health Insurance
EIN
13-2892895
Phone
2122289060
Address
52 BROADWAY - 17TH FLOOR, NEW YORK, NY 10004-0390

Signing Officer

Name
Debra Penny
Title
Trustee
Phone
2122289060
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irene Lospenuso
Formed
1977
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Buchbinder Tunick & Company Llp
Address
1 PENN PLAZA - SUITE 3200, NEW YORK, NY 10119
Phone
2126955003
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of trustees assumes responsibility from oversight of the audit, its financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the program and recognize a tax liability (or asset) if the program has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. The plan administrator has analyzed the tax positions taken by the program, and has concluded that as of december 31, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 430 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024092
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt039496
IRS990/AccountsReceivableGrp/BOYAmt0787620
IRS990/AccountsReceivableGrp/EOYAmt0801640
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE RETIRED TEACHERS AND RETIRED EMPLOYEES OF THE UFT, UFT WELFARE FUND OR AFFILIATED ORGANIZATIONS WITH BENEFITS.
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt06519170
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MS IRENE LOSPENUSO
IRS990/BooksInCareOfDetail/PhoneNum02122289060
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt052 BROADWAY - 17TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0100040390
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0284082
IRS990/CashNonInterestBearingGrp/EOYAmt02802532
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt06519170
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0117380
IRS990/CYOtherExpensesAmt02098783
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010079797
IRS990/CYRevenuesLessExpensesAmt01579224
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt08617953
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010197177
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE SUPPLEMENTAL HEALTH INSURANCE PROGRAM IS A UNIQUE PACKAGE OF BENEFITS DEVELOPED BY THE RETIRED TEACHERS' CHAPTER OF THE UNITED FEDERATION OF TEACHERS EXCLUSIVELY FOR ITS MEMBERS AND THEIR ELIGIBLE SPOUSE/DOMESTIC PARTNER. IT PROVIDES A SUPPLEMENT TO THE PRIMARY HEALTH COVERAGE THE MEMBER AND/OR HIS/HER ELIGIBLE SPOUSE/DOMESTIC PARTNER MAINTAINS AND IS ACTIVATED ONLY AFTER THOSE PLANS HAVE PAID THEIR BENEFITS. ESTIMATED NUMBER OF PARTICIPANTS 85,200.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt023510
IRS990/FeesForServicesLegalGrp/TotalAmt015000
IRS990/FeesForServicesOtherGrp/TotalAmt08905
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt335.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt435.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt735.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt354554
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt445309
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt526857
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt622914
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt764645
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM PAPPAS
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN SOLDINI
IRS990/Form990PartVIISectionAGrp/PersonNm3LEROY BARR
IRS990/Form990PartVIISectionAGrp/PersonNm4KAREN ALFORD
IRS990/Form990PartVIISectionAGrp/PersonNm5DEBRA PENNY
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm7IRENE LOSPENUSO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt171346
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2630
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3233472
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4207769
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5100216
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt685155
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7126314
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010197177
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0782665
IRS990/InsuranceGrp/TotalAmt017082
IRS990/InvestmentIncomeGrp/ExclusionAmt0117380
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0117380
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05159066
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05368615
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0505816
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0505816
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE RETIRED TEACHERS WITH SUPPLEMENTAL HEALTH CARE BENEFITS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016500332
IRS990/NetAssetsOrFundBalancesEOYAmt018243678
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0164122
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt010868
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0249632
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED SALARIES, PAY
IRS990/OtherExpensesGrp/Desc1TEMPORARY HELP
IRS990/OtherExpensesGrp/TotalAmt01230383
IRS990/OtherExpensesGrp/TotalAmt110370
IRS990/OtherLiabilitiesGrp/BOYAmt0117330
IRS990/OtherLiabilitiesGrp/EOYAmt0683330
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0482327
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0242736
IRS990/PrincipalOfficerNm0IRENE LOSPENUSO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIBUTIONS FROM PARTICIPANTS F
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010079797
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010079797
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt08189647
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0269875
IRS990/PYOtherExpensesAmt01811262
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt09938900
IRS990/PYRevenuesLessExpensesAmt0207866
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt010000909
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010208775
IRS990/ReconcilationRevenueExpnssAmt01579224
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016500332
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018243678
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09679027
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09750981
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08617953
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0164122
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0505816
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0505816
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0683330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITIES
IRS990ScheduleD/RevenueNotReportedAmt0164122
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010197177
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PROGRAM AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PROGRAM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PROGRAM, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt08617953
IRS990ScheduleD/TotalLiabilityAmt0683330
IRS990ScheduleD/TotalRevenuePerForm990Amt010197177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010361299
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08617953
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0233472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1207769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2126314
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt029902
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt120657
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt239111
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt024652
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt124652
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt225534
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LEROY BARR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KAREN ALFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2IRENE LOSPENUSO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0288026
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1253078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2190959
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FUND CONSISTS OF APPROXIMATELY 85,200 RETIRED TEACHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY SUBCOMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINAL VERSION OF FORM 990 IS REVIEWED BY THE DIRECTOR, THE ASSISTANT TO THE DIRECTOR AND THE TRUSTEES PRIOR TO THE FORM 990 BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE PUBLIC. THE ORGANIZATION DOESN'T HAVE A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FROM OVERSIGHT OF THE AUDIT, ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNITED FEDERATION OF TEACHERS LOCAL 2 AFT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0135582895
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR UNION ORGANIZATION ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt052 BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010004
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0495091
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1743296
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21141805
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL EXPENSES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL EXPENSES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH DISBURSEMENTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UNITED FEDERATION OF TEACHERS LOCAL 2 AFT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1UNITED FEDERATION OF TEACHERS LOCAL 2 AFT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2UNITED FEDERATION OF TEACHERS LOCAL 2 AFT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt016641754
IRS990/TotalAssetsEOYAmt018966504
IRS990/TotalAssetsGrp/BOYAmt016641754
IRS990/TotalAssetsGrp/EOYAmt018966504
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt08617953
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0141422
IRS990/TotalLiabilitiesEOYAmt0722826
IRS990/TotalLiabilitiesGrp/BOYAmt0141422
IRS990/TotalLiabilitiesGrp/EOYAmt0722826
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016500332
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018243678
IRS990/TotalOtherCompensationAmt0214279
IRS990/TotalProgramServiceRevenueAmt010079797
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0117380
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010079797
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010197177
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016641754
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018966504
IRS990/TotReportableCompRltdOrgAmt0824902
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt052 BROADWAY - 17TH FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0100040390
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.9$0.60$18.3$11.2$11.1$0.09
2023Detailed filing. Detailed filing data is available for this year.$18.7$0.45$18.2$11.1$10.7$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$0.39$17.9$10.7$10.7$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.9$0.71$18.2$10.3$10.3$0.02
2020Detailed filing. Detailed filing data is available for this year.$19.0$0.72$18.2$10.2$8.62$1.58
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.14$16.5$10.2$10.0$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.6$0.38$16.2$9.92$9.98$0.06
2017Detailed filing. Detailed filing data is available for this year.$16.7$0.39$16.3$9.59$9.17$0.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$0.21$16.0$9.39$8.31$1.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.11$14.9$9.20$8.65$0.55
2014Detailed filing. Detailed filing data is available for this year.$14.6$0.21$14.3$8.92$8.30$0.62
2013Detailed filing. Detailed filing data is available for this year.$13.9$0.17$13.7$8.57$7.31$1.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.16$12.5$6.05
2011Summary only. Only limited summary data is available for this year.$10.3$0.09$10.2$8.08$5.67$2.41
2010Summary only. Only limited summary data is available for this year.$8.07$0.32$7.75$7.81$6.31$1.50