Aww Co Inc & Post Retirement Medical Trust/Non Bargaining

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

EIN: 043207706 ✦ Camden, NJ ✦ Designated as a 501(c)(9)

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Overview

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

Aww Co Inc & Post Retirement Medical Trust/Non Bargaining is a nonprofit organization located in Camden, New Jersey, with a postal address at PO BOX 2738, 1 Water Street. Their primary mission is to provide post-retirement medical benefits for members of a trust that is not subject to a collective bargaining agreement. This type of organization is often referred to as a Voluntary Employee Beneficiary Association (VEBA). Although the detailed activities or schedule of this specific nonprofit is not provided in the information, it is clear that their focus is on offering medical benefits to retired employees, as per their trust agreement.

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

Aww Co Inc & Post Retirement Medical Trust/Non Bargaining is a legitimate nonprofit organization registered as a 501(c)(9) entity. Aww Co Inc & Post Retirement Medical Trust/Non 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/Non Bargaining?

Aww Co Inc & Post Retirement Medical Trust/Non Bargaining is an organization that provides post-retirement medical benefits to its members who are not subject to a collective bargaining agreement. The mission of this voluntary employee benefits association is to ensure the wellbeing of its retirees by offering medical coverage. This benefits provision aims to provide financial security and peace of mind for the trust members during their post-employment years. The organization's activities are centered around managing and administering the medical benefits plan for its members. The trust does not engage in collective bargaining, making it a unique entity in providing post-retirement medical benefits.

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

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

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

Aww Co Inc & Post Retirement Medical Trust/Non Bargaining's revenue in 2022 was $9,681,627.

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

There 5 volunteers at Aww Co Inc & Post Retirement Medical Trust/Non 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: $43,217
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/Non Bargaining?

Aww Co Inc & Post Retirement Medical Trust/Non 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/Non Bargaining

Aww Co Inc & Post Retirement Medical Trust/Non Bargaining is an organization dedicated to providing post-retirement medical benefits for its members who are not subject to a collective bargaining agreement. This voluntary employee beneficiary association aims to ensure that its members have access to necessary medical care during their retirement years. The mission of Aww Co Inc & Post Retirement Medical Trust/Non Bargaining is to offer a safety net for its members, providing them with peace of mind and medical security in their post-employment phase. By offering post-retirement medical benefits, the organization demonstrates its commitment to the well-being of its members and their continued health and wellness in their later years.

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Impact




October, 2024

Aww Co Inc & Post Retirement Medical Trust/Non Bargaining plays a significant role in supporting the healthcare needs of its members by providing post-retirement medical benefits. This initiative ensures that individuals who are part of the trust, and who are not covered by a collective bargaining agreement, have access to crucial medical services after retirement.

Located in Camden, NJ, the organization focuses on establishing a framework for delivery of health-related benefits that can enhance the well-being of its members. By being structured as a Voluntary Employee Beneficiary Association (VEBA), it facilitates the provision of benefits in a manner that underscores mutual benefit among its members.

The impact of this organization is largely seen in the financial security it offers retirees, helping to alleviate the burden of healthcare costs that can become a significant concern in retirement. By ensuring that members have access to necessary medical care, Aww Co Inc & Post Retirement Medical Trust/Non Bargaining contributes to improved quality of life and peace of mind for individuals transitioning into retirement.




This information is meant to be a general summary of Aww Co Inc & Post Retirement Medical Trust/Non 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
$9,681,627 (2022)
Expenses
$2,801,137 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,234,136
  • Program Service Revenue: $5,423,355
  • Gross Receipts: $28,514,407

Assets and Liabilities:

  • Total Assets: $117,437,134
  • Total Liabilities: $622,896
  • Net Assets: $116,814,238

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Programs

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

MEMBER CONTRIBUTION

Revenue

$5,423,355

Organization Details

Founding Year

1983

Principal Officer

Martin Falkenberg

Main Address

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

NTEE Category

Code: Y40 - Mutual benefit

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