Public Charity

NEW JERSEY UNDERWRITING ASSOCIATION RETIREE MEDICAL TRUST

NEW JERSEY UNDERWRITING ASSOCIATION RETIREE MEDICAL TRUST, of NEWARK, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $163K in revenue, $211K in expenses, $5.0M in total assets.

EIN: 465297603 NEWARK, NJ Insurance Providers NTEE: Y20 Latest filing: 2025
Total Revenue$163K
Total Expenses$211K
Total Assets$5.0M
Grant Records0
Filing Years2021–2025

Mission

THE PURPOSE OF THE NEW JERSEY UNDERWRITING ASSOCIATION RETIREE MEDICAL TRUST (THE "TRUST") IS TO PROVIDE A WELFARE BENEFITS PLAN FOR ALL ELIGIBLE RETIREES, AS WELL AS THEIR DEPENDENTS, OF THE NEW JERSEY INSURANCE UNDERWRITING ASSOCIATION (THE "ASSOCIATION"). THE ICSO GROUP HEALTH AND WELFARE INSURANCE PLAN (THE "PLAN") PROVIDES PAYMENTS AND REIMBURSEMENTS OF QUALIFIED MEDICAL PREMIUMS AND EXPENSES INCURRED BY THE PARTICIPANTS. THE PAYMENTS ARE FOR QUALIFYING MEDICAL CARE EXPENSES, DEFINED BY SECTION 213(D)(1) OF THE CODE, OR MEDICAL INSURANCE COVERAGE. MEMBERSHIP BENEFITS FROM THE PLAN ARE NOT LIMITED TO OFFICERS, SHAREHOLDERS, OR HIGHLY COMPENSATED EMPLOYEES. THE APPOINTED TRUSTEES WILL BE RESPONSIBLE FOR THE MANAGING OF THE FUND.

Where $100 goes at New Jersey Underwriting Association Retiree Medical Trust

How New Jersey Underwriting Association Retiree Medical Trust divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Provide welfare benefits plan for eligible retirees, as well as their dependents, of the new jersey insurance underwriting association
All program spending · Reported in the filing: 43 participants
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Jennifer Peaks
DIRECTOR Michael Losavio
DIRECTOR Steve Mutterperl

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $163K $211K $5.0M
2024 $182K $202K $4.7M
2023 $347K $199K $4.6M
2022 $252K $207K $4.3M
2021 $251K $212K $4.5M

Between 2021 and 2025, reported annual revenue declined from $251K to $163K (-35%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

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