Aww Co Inc & Post Retirement Medical Trust/Bargaining

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043207704 ✦ Camden, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Aww Co Inc & Post Retirement Medical Trust/Bargaining?

Aww Co Inc & Post Retirement Medical TrustBargaining is a nonprofit organization in Camden, New Jersey, that provides post-retirement medical benefits for its members, who are part of a trust subject to a collective bargaining agreement. This Voluntary Employee Beneficiary Association aims to ensure the health and wellbeing of its members by offering medical coverage. The organization's mission adheres to the terms of the collective bargaining agreement.

Is Aww Co Inc & Post Retirement Medical Trust/Bargaining legitimate?

Aww Co Inc & Post Retirement Medical Trust/Bargaining is a legitimate nonprofit organization registered as a 501(c)(9) entity. Aww Co Inc & Post Retirement Medical Trust/Bargaining submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Aww Co Inc & Post Retirement Medical Trust/Bargaining?

Aww Co Inc & Post Retirement Medical TrustBargaining is an organization dedicated to offering post-retirement medical benefits for its members, who are part of a collective bargaining agreement within a Voluntary Employee Beneficiary Association. The mission of this entity focuses on securing healthcare coverage for retirees, ensuring their access to necessary medical services after leaving their employment. By providing this benefit, the organization enables its members to maintain their wellbeing and peace of mind during their post-employment years. This commitment to health and financial security underpins the organization's purpose and serves as a vital resource for its members.

Who is the CEO of Aww Co Inc & Post Retirement Medical Trust/Bargaining?

Martin Falkenberg is the Benefit Committee of Aww Co Inc & Post Retirement Medical Trust/Bargaining.

What is the revenue of Aww Co Inc & Post Retirement Medical Trust/Bargaining?

Aww Co Inc & Post Retirement Medical Trust/Bargaining's revenue in 2022 was $18,627,205.

Who are the executives of Aww Co Inc & Post Retirement Medical Trust/Bargaining and what are their salaries?

There 5 volunteers at Aww Co Inc & Post Retirement Medical Trust/Bargaining.


Here are 5 key members and their salaries:


Nicholl Salamone (Benefit Committee)
  • Compensation: $0
  • Related: $332,875
  • Other: $48,273
James Merante (Benefit Committee)
  • Compensation: $0
  • Related: $459,622
  • Other: $55,344
Lynda Dimenna (Benefit Committee)
  • Compensation: $0
  • Related: $423,330
  • Other: $45,653
David Choate (Benefit Committee)
  • Compensation: $0
  • Related: $341,574
  • Other: $51,530
Melissa Ciullo (Benefit Committee)
  • Compensation: $0
  • Related: $322,098
  • Other: $51,370
Where can I find the form 990 for Aww Co Inc & Post Retirement Medical Trust/Bargaining?

Aww Co Inc & Post Retirement Medical Trust/Bargaining's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aww Co Inc & Post Retirement Medical Trust/Bargaining

Aww Co Inc & Post Retirement Medical TrustBargaining is a voluntary employee beneficiary association dedicated to providing post retirement medical benefits for its members, who are part of a collective bargaining agreement. In simpler terms, this organization ensures that eligible retirees continue to receive essential healthcare coverage. By doing so, Aww Co Inc & Post Retirement Medical TrustBargaining upholds its commitment to the well-being of its members even after they have left their active employment.

This nonprofit organization operates under the umbrella of a collective bargaining agreement. As such, it serves as a crucial safety net for its members, offering them peace of mind regarding their healthcare needs during their retirement years. The provision of post retirement medical benefits is a significant aspect of this association's mission, as it enables its members to maintain their health and financial stability as they age. By focusing on the well-being of its members, Aww Co Inc & Post Retirement Medical TrustBargaining stands as a testament to the importance of a strong support system, especially during the critical stage of retirement.

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Impact




October, 2024

Aww Co Inc & Post Retirement Medical Trust/Bargaining plays a crucial role in providing post-retirement medical benefits to members of a trust governed by a collective bargaining agreement. By facilitating access to healthcare benefits after retirement, the organization significantly impacts the financial security and well-being of its members in Camden, NJ.

The trust operates as a Voluntary Employee Beneficiary Association (VEBA), which allows for pooled resources among members, ensuring that retirees have adequate support for medical expenses. This arrangement not only enhances the quality of life for retirees but also fosters a sense of community and security among active employees who can anticipate support in their later years.

Overall, the organization underscores the importance of collective bargaining in securing essential benefits, emphasizing a commitment to the ongoing health and welfare of its members well into their retirement.




This information is meant to be a general summary of Aww Co Inc & Post Retirement Medical Trust/Bargaining. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$18,627,205 (2022)
Expenses
$2,914,885 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,430,847
  • Program Service Revenue: $6,924,660
  • Gross Receipts: $236,901,051

Assets and Liabilities:

  • Total Assets: $329,567,475
  • Total Liabilities: $451,063
  • Net Assets: $329,116,412

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER CONTRIBUTION

Revenue

$6,924,660

Organization Details

Founding Year

1983

Principal Officer

Martin Falkenberg

Main Address

PO BOX 2738 1 WATER STREET, CAMDEN, NJ, 08102

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