Columbia University Retiree Medical And Life Ins Benefits Tr
Columbia University Retiree Benefits Trust consistently maintains strong assets and zero officer compensation.
EIN: 133800106 · New York, NY · NTEE: Y110 · Updated: 2026-03-28
Is Columbia University Retiree Medical And Life Ins Benefits Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbia University Retiree Medical And Life Ins Benefits Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Columbia University Retiree Medical And Life Ins Benefits Tr
Columbia University Retiree Medical And Life Ins Benefits Tr (EIN: 133800106) is a nonprofit organization based in New York, NY, classified under NTEE code Y110. The organization reported total revenue of $280.1M and total assets of $241.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia University Retiree Medical And Life Ins Benefits Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbia University Retiree Medical And Life Ins Benefits Tr is a major nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.8M |
| Total Expenses | $10.7M |
| Surplus / Deficit | +$15.0M |
| Total Assets | $227.5M |
| Total Liabilities | $381K |
| Net Assets | $227.2M |
| Operating Margin | 58.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 254.9 months |
Financial Health Grade: A
In 2023, Columbia University Retiree Medical And Life Ins Benefits Tr reported a surplus of $15.0M with revenue exceeding expenses, holds 254.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbia University Retiree Medical And Life Ins Benefits Tr's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.6% | -27.2% | +2.7% |
| 2022 | +13.9% | +14.4% | -14.8% |
| 2021 | +32.8% | +13.9% | +22.9% |
| 2020 | +24.1% | +9.6% | +0.2% |
| 2019 | -88.6% | -13.2% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Columbia University Retiree Medical And Life Ins Benefits Tr with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Columbia University Retiree Medical And Life Ins Benefits Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other entities, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Columbia University Retiree Medical And Life Ins Benefits Tr:
- Consistent zero officer compensation, indicating efficient use of funds for its mission.
- Strong and growing asset base, significantly exceeding liabilities across all periods (e.g., $227M assets vs $381K liabilities in 202306).
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Positive net revenue in most years, contributing to asset growth and long-term stability (e.g., $14M net revenue in 202306).
Frequently Asked Questions about Columbia University Retiree Medical And Life Ins Benefits Tr
Is Columbia University Retiree Medical And Life Ins Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia University Retiree Medical And Life Ins Benefits Tr (EIN: 133800106) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Columbia University Retiree Medical And Life Ins Benefits Tr spend its money?
Columbia University Retiree Medical And Life Ins Benefits Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Columbia University Retiree Medical And Life Ins Benefits Tr tax-deductible?
Columbia University Retiree Medical And Life Ins Benefits Tr is registered as a tax-exempt nonprofit (EIN: 133800106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Columbia University Retiree Medical And Life Ins Benefits Tr a good charity?
Based on the available data, the organization appears to be a very well-managed and financially sound entity. Its consistent zero officer compensation, strong asset base relative to liabilities (e.g., $227M assets vs $381K liabilities in 202306), and consistent filing history suggest good governance and a strong focus on its mission of managing retiree benefits.
How does the organization's financial health compare year-over-year?
The organization generally demonstrates strong financial health. While revenue and expenses fluctuate, assets have consistently remained robust and significantly higher than liabilities across all reported periods, indicating long-term stability. For example, assets grew from $170M in 201406 to $227M in 202306.
What is the primary use of the organization's funds?
As a retiree medical and life insurance benefits trust, the primary use of funds would be for the payment of medical and life insurance benefits to eligible retirees, as well as the administrative costs associated with managing these benefits and the trust's investments.
Filing History
IRS 990 filing history for Columbia University Retiree Medical And Life Ins Benefits Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbia University Retiree Medical And Life Ins Benefits Tr's revenue has grown by 27.2%, moving from $20.2M to $25.8M. Total assets increased by 72.1% over the same period, from $132.2M to $227.5M. Total functional expenses fell by 14.7%, from $12.6M to $10.7M. In its most recent filing year (2023), Columbia University Retiree Medical And Life Ins Benefits Tr reported a surplus of $15.0M, with revenue exceeding expenses. The organization holds $381K in liabilities against $227.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $227.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.8M | $10.7M | $227.5M | $381K | — | — |
| 2022 | $17.1M | $14.7M | $221.6M | $1.4M | — | View 990 |
| 2021 | $15.0M | $12.9M | $260.2M | $1.1M | — | View 990 |
| 2020 | $11.3M | $11.3M | $211.7M | $163K | — | — |
| 2019 | $9.1M | $10.3M | $211.4M | $250K | — | View 990 |
| 2018 | $80.2M | $11.9M | $200.9M | $252K | — | View 990 |
| 2017 | $13.9M | $12.9M | $192.3M | $478K | — | — |
| 2016 | $13.7M | $14.3M | $171.6M | $188K | — | View 990 |
| 2015 | $15.7M | $13.7M | $173.7M | $759K | — | View 990 |
| 2014 | $17.5M | $13.4M | $170.5M | $902K | — | View 990 |
| 2013 | $8.3M | $12.1M | $143.7M | $502K | — | View 990 |
| 2012 | $12.4M | $13.3M | $132.3M | $80K | — | View 990 |
| 2011 | $20.2M | $12.6M | $132.2M | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.8M, expenses of $10.7M, and assets of $227.5M (revenue +50.6% year-over-year).
- 2022: Revenue of $17.1M, expenses of $14.7M, and assets of $221.6M (revenue +13.9% year-over-year).
- 2021: Revenue of $15.0M, expenses of $12.9M, and assets of $260.2M (revenue +32.8% year-over-year).
- 2020: Revenue of $11.3M, expenses of $11.3M, and assets of $211.7M (revenue +24.1% year-over-year).
- 2019: Revenue of $9.1M, expenses of $10.3M, and assets of $211.4M (revenue -88.6% year-over-year).
- 2018: Revenue of $80.2M, expenses of $11.9M, and assets of $200.9M (revenue +476.1% year-over-year).
- 2017: Revenue of $13.9M, expenses of $12.9M, and assets of $192.3M (revenue +1.3% year-over-year).
- 2016: Revenue of $13.7M, expenses of $14.3M, and assets of $171.6M (revenue -12.7% year-over-year).
- 2015: Revenue of $15.7M, expenses of $13.7M, and assets of $173.7M (revenue -10.1% year-over-year).
- 2014: Revenue of $17.5M, expenses of $13.4M, and assets of $170.5M (revenue +111.6% year-over-year).
- 2013: Revenue of $8.3M, expenses of $12.1M, and assets of $143.7M (revenue -33.4% year-over-year).
- 2012: Revenue of $12.4M, expenses of $13.3M, and assets of $132.3M (revenue -38.7% year-over-year).
- 2011: Revenue of $20.2M, expenses of $12.6M, and assets of $132.2M.
Data Sources and Methodology
This transparency report for Columbia University Retiree Medical And Life Ins Benefits Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.