Overview
What is Connecticut Yankee Atomic Power Company Employee Welfare Trust?
The Connecticut Yankee Atomic Power Company Employee Welfare Trust is a nonprofit organization, based in Boston, Massachusetts, with a primary mission to provide health and welfare benefits to retired employees of Connecticut Yankee Atomic Power Company. This includes offering life, health, and dental benefits to eligible retired union and nonunion employees. The trust operates as a non-profit welfare benefit plan, aiming to support the well-being of its retired workforce.
Is Connecticut Yankee Atomic Power Company Employee Welfare Trust legitimate?
Connecticut Yankee Atomic Power Company Employee Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Connecticut Yankee Atomic Power Company Employee Welfare Trust 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: $2,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Connecticut Yankee Atomic Power Company Employee Welfare Trust?
The Connecticut Yankee Atomic Power Company Employee Welfare Trust is a non-profit entity established with the mission to provide health and welfare benefits to eligible retired employees, both union and non-union, of the Connecticut Yankee Atomic Power Company. The trust's primary objective is to offer financial support in the form of life, health, and dental benefits to these retired individuals. The trust serves as a vital resource for these retirees, ensuring their well-being and providing them with essential benefits post-retirement.
Who is the CEO of Connecticut Yankee Atomic Power Company Employee Welfare Trust?
Timothy Conry is the Trustee As Required of Connecticut Yankee Atomic Power Company Employee Welfare Trust.
What is the revenue of Connecticut Yankee Atomic Power Company Employee Welfare Trust?
Connecticut Yankee Atomic Power Company Employee Welfare Trust's revenue in 2022 was $2,204,008.
Who are the executives of Connecticut Yankee Atomic Power Company Employee Welfare Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,917
- Related: $0
- Other: $0
Where can I find the form 990 for Connecticut Yankee Atomic Power Company Employee Welfare Trust?
Connecticut Yankee Atomic Power Company Employee Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Connecticut Yankee Atomic Power Company Employee Welfare Trust
The Connecticut Yankee Atomic Power Company Employee Welfare Trust is a non-profit organization that is dedicated to providing health and welfare benefits to eligible retired employees of the Connecticut Yankee Atomic Power Company, both union and nonunion. Its mission is to offer life, health, and dental benefits to these retirees, ensuring their well-being in their post-employment years. The Trust operates as a welfare benefit plan, providing financial assistance and resources to enhance the quality of life for its beneficiaries. By offering these benefits, the Connecticut Yankee Atomic Power Company Employee Welfare Trust contributes to the overall well-being and security of its retired employees, supporting them during their retirement years.
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Impact
October, 2024
Connecticut Yankee Atomic Power Company Employee Welfare Trust plays a crucial role in enhancing the quality of life for retired employees by providing essential health and welfare benefits. This organization specifically focuses on ensuring that eligible retired union and nonunion employees receive payment for life, health, and dental benefits, securing their well-being during retirement.
By alleviating financial burdens related to healthcare and other essential needs, the Trust fosters a sense of security among retirees. This support not only benefits individual participants but also contributes to the overall stability and morale of the retired workforce associated with Connecticut Yankee Atomic Power Company. The impact is significant, as it helps maintain a positive quality of life for those who dedicated their careers to the organization.
This information is meant to be a general summary of Connecticut Yankee Atomic Power Company Employee Welfare Trust. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,582,421
- Program Service Revenue: $296,825
- Gross Receipts: $14,169,416
Assets and Liabilities:
- Total Assets: $17,910,297
- Total Liabilities: $9,568
- Net Assets: $17,900,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS - WELFARE
Revenue
$254,834
EMPLOYEE CONTRIBUTIONS
Revenue
$41,991
Organization Details
Founding Year
1993
Phone
(617) 807-5000Principal Officer
Timothy Conry
Main Address
CO MARCUM LLP 53 STATE STREET FL, BOSTON, MA, 02109
NTEE Category
Code: Y40 - Mutual benefit
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