National Committee to Preserve Social Security and Medicare

Nonprofit profile at a glance

EIN
521312579
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2022160420
Rating
72
Verdict
SUPPORTED
Rating confidence
Standard

Official website

Reported finances

Revenue
$7,559,391
Expenses
$8,145,475
Assets
$3,976,850
Liabilities
$2,222,059

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • MAX I RICHTMAN (PRESIDENT & CEO)

Highest reported compensation

  • MAX I RICHTMAN (PRESIDENT & CEO): $450,469 total reported compensation
  • CHRISTINE KIM (TREASURER & CFO): $253,244 total reported compensation
  • DAN ADCOCK (DIRECTOR OF GOVT RELATIONS): $233,417 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The committee has two primary purposes: (a) bringing about civic betterment and social improvement, and promoting the common good and general welfare of the people by supporting the continuation and improvement of the american social security and medicare systems and working to maintain the integrity of the federal old age and survivors, disability and hospital trust funds; and (b) educating the public on subjects beneficial to the community including the importance of america's social security system.

What it reported doing in 2025

The National Committee's 2026 fiscal year was during the 119th Congress (2025-2026) and the first and second years of the Trump Administration. Therefore, most of our legislative and regulatory advocacy was aimed at opposing harmful legislation and calling attention to the mass staff reductions and mayhem caused by the so-called "Department of Government Efficiency" at agencies and programs important to older Americans. In addition, we begin increasing our political activity to help elect "senior friendly" majorities to the House and Senate in the 2026 election. The National Committee focused our legislative advocacy, communications and direct mail to members at opposing the One Big Beautiful Bill Act (P.L. 119-21) (also known as the "Big Ugly Bill") which cut Medicaid and SNAP benefits by over $1 trillion to partly pay for tax cuts that mainly benefited the wealthy and large corporations. We reminded National Committee members that "near seniors" age 50-64 who are enrolled in Medicaid or the ACA help to control Medicare costs, but those costs would go up if Medicaid benefits were cut and the ACA's "enhanced premium tax credit" (EPTC) was not extended. In addition, we educated members of Congress that most long-term care is paid for by Medicaid and cutting the program by $1 trillion would harm nursing homes and home and community-based services. Unfortunately, the Big Ugly bill was signed into law on July 1, 2025, and the ACA EPTC was allowed to expire on December 31, 2025. Before and after the start of our fiscal year on April 1, 2025, the National Committee fought for adequate discretionary funding for the Social Security Administration's operating budget, the Centers for Medicare and Medicaid Services, the Older Americans Act programs and other agencies and programs key to the well-being of seniors. Although we worked in coalition with the Leadership Council of Aging Organizations (LCAO) to persuade Congress not to eliminate several key programs, the enacted appropriations legislation flat-funded or cut most agencies and programs important to older Americans. The National Committee focused public attention on the chaos DOGE created throughout the federal government - but especially at the Social Security Administration (SSA), the Department of Health and Human Service's Centers for Medicare and Medicaid Services, and the Administration on Community Living through questionable and illegal mass layoffs and forced retirements. With regard to SSA, the 13 percent staff cut was the largest in the agency's history, and has forced the SSA to triage operations, moving staff from one part of SSA to another as public demands reached critical levels: some days answering phones, other days staffing field offices, with only a bare minimum of training to adequately meet the new job requirements. As a result of the overall shortage in staff, filling holes in one critical area inevitably left gaps in others, and the consequences of this staff inadequacy have been felt by consumers who continue to report alarming delays and logjams as they attempt to access their earned benefits. More than half of seniors and survivors who scheduled an appointment with an SSA field office to file an application for benefits waited more than a month until their appointment. More than 800,000 people have been in a queue awaiting an initial decision on their application for disability benefits, and it has taken SSA more than 6 months, on average, to make a decision - twice as long as in the past. These long waits can be particularly harmful for people of color, low-income applicants, and others who on average are less likely to have savings or other resources to fall back on. Thousands have died while waiting for a decision on whether they are eligible for disability benefits, and many more have endured years without income, in the process often exhausting their life savings and even losing their homes. While no field offices have officially been shuttered in t

Operating model

Revenue model
Membership-supported. 91% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.2%; rating input score 72
  • Program expense ratio: 66.2%; rating input score 66
  • Fundraising efficiency: $8.84 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.8%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 13.5%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: -7.4% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -7.2% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -10.1% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 72.2% of revenue deployed · 66.2% of spending went to programs
  • Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $5.4M in reported program spending
  • Leadership: top reported pay $450K · 10 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.8M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.