RESEARCH FOUNDATION FOR THE CITY UNIVERSITY OF NEW YORK

DETROIT, MI, 48275-7874 (313) 222-9053 Est. 2005 EIN 02-0733394

Y43 - Voluntary Employees Beneficiary Associations (Non-Government) 990 - Public charity return 501(c)(9)

Mission

PROVIDE RETIREMENT MEDICAL AND DENTAL BENEFITS TO THE EMPLOYEES OF THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK

Total Revenue

$62,965,087

Total Expenses

$48,334,673

Net Assets

$257,413,098

From latest filing (tax period ending 2024-12-31)

Operating Reserve

5.3 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 25.1%

Expenses ↑ 8.9%

Revenue Sources

Earned revenue 75.4% Investment 24.6%

Expense Breakdown

Program 97.2% Management 2.8%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$62,965,087 ↑	$48,334,673	$257,413,098
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$50,351,702 ↑	$44,376,541	$232,491,951
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$49,950,424 ↑	$37,020,890	$200,674,733
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$43,821,346	$33,144,124	$213,986,914