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RENSSELAER COLUMBIA GREENE GROUP HEALTH INSURANCE TRUST

CASTLETON ON HUDSON, NY · EIN 146164893 · Form 990 · FY2024 · Very Large (>$50M)
revenue
$141.6M
expenses
$140.0M
net assets
$2.9M
employees
0
program ratio
100%
mission · from form 990

LOWER HEALTH CARE COSTS FOR MEMBERS

profile · synthesized from sources

Health insurance trust serving members in New York State by providing group health coverage aimed at lowering healthcare costs. The organization operates through a pooled insurance model designed to reduce expenses for participating members. Based in Castleton-on-Hudson, it serves a regional population across Rensselaer, Columbia, and Greene counties.

named programs · 1 · from sources

What they call their work

Group Health Insurance Plan Administration
Manages and administers a self-funded group health insurance trust for members, focusing on cost containment and affordable coverage
activities · 1 group

What they do

  • Union and Association Benefit Funds 1 activity
    • Provides group health insurance to reduce health care costs for members
      Offers group health insurance plans designed to lower health care expenses for its members through collective bargaining and shared risk pooling.
financials · form 990 · fy2024
revenue
Total revenue$141.58M
Contributions & grants$185K0%
Program service revenue$140.38M99%
Investment income$1.01M1%
Other revenue$0
expenses
Total expenses$140.03M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$19.96M
Cash$17.05M
Investments$0
Liabilities$17.03M
Net assets$2.93M
Liquid reserves1.5 mo
4 years on record · 2020–2024 · YoY revenue +16.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • ANGELINA MALONEY — VICE CHAIR
  • HARRY HADJIOANNOU — CHAIR
  • MARIE DIGIROLAMO — TRUSTEE
  • MEGHAN LEKKAS — TREASURER
  • MICHAEL WETHERBEE — TRUSTEE
  • RYAN PALMER — TRUSTEE
  • TODD HILGENDORFF — TRUSTEE
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.