Overview
What is New York State Electric & Gas Corp Post-Retirement Medical Plan Trust?
The New York State Electric & Gas Corp Post-Retirement Medical Plan Trust is a nonprofit entity, situated at 180 Marsh Hill Road, Orange, Connecticut 06477. Its primary purpose is to offer medical benefits, as well as other designated benefits such as life, sick, accident, and similar forms of assistance. The plan administrator has the flexibility to determine the specific benefits provided by this trust.
Is New York State Electric & Gas Corp Post-Retirement Medical Plan Trust legitimate?
New York State Electric & Gas Corp Post-Retirement Medical Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York State Electric & Gas Corp Post-Retirement Medical Plan 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of New York State Electric & Gas Corp Post-Retirement Medical Plan Trust?
The New York State Electric & Gas Corp Post-Retirement Medical Plan Trust is committed to providing a range of benefits to its recipients. This includes medical coverage, as well as other benefits such as life, sickness, accident, and other similar types of coverage. The plan administrator has the flexibility to designate these benefits at their discretion.
Who is the CEO of New York State Electric & Gas Corp Post-Retirement Medical Plan Trust?
David Beber is the Trustee of New York State Electric & Gas Corp Post-Retirement Medical Plan Trust.
What is the revenue of New York State Electric & Gas Corp Post-Retirement Medical Plan Trust?
New York State Electric & Gas Corp Post-Retirement Medical Plan Trust's revenue in 2022 was $1,305,320.
Who are the executives of New York State Electric & Gas Corp Post-Retirement Medical Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,000
- Related: $0
- Other: $0
Where can I find the form 990 for New York State Electric & Gas Corp Post-Retirement Medical Plan Trust?
New York State Electric & Gas Corp Post-Retirement Medical Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York State Electric & Gas Corp Post-Retirement Medical Plan Trust
New York State Electric & Gas Corp Post-Retirement Medical Plan Trust is established with a mission to provide various benefits to its recipients. These benefits extend beyond just medical aid and can be specified by the plan administrator. The scope of these benefits encompasses not only medical care but also life, sickness, and accident coverage, along with other similar perks. The trust aims to ensure the well-being and security of its beneficiaries in their post-retirement phase, offering a comprehensive suite of benefits to cater to their diverse needs.
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Impact
October, 2024
The New York State Electric & Gas Corp Post-Retirement Medical Plan Trust plays a significant role in supporting the health and well-being of its beneficiaries by providing essential medical benefits alongside various other coverages. This trust ensures that individuals, especially retirees, have access to necessary healthcare services, which can alleviate financial burdens associated with medical expenses.
By offering benefits that may include life, sick, and accident insurance, the trust enhances the quality of life for its participants. This support is crucial, especially as individuals face increasing healthcare costs in retirement. The system helps maintain financial security for retirees and their families, promoting peace of mind during a vulnerable stage of life.
Furthermore, the existence of such benefits fosters a sense of mutual support and community among the participants. It reflects a commitment to care for former employees and their families, thus reinforcing their loyalty and long-term connections to the organization. Overall, the trust significantly contributes to the stability and health of the community it serves, ensuring that essential medical and related benefits are accessible to those who need them.
This information is meant to be a general summary of New York State Electric & Gas Corp Post-Retirement Medical Plan 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: $1,305,320
- Gross Receipts: $11,657,970
Assets and Liabilities:
- Total Assets: $28,639,630
- Total Liabilities: $0
- Net Assets: $28,639,630
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Organization Details
Founding Year
2007
Phone
(203) 499-2000Principal Officer
David Beber
Main Address
180 MARSH HILL ROAD, ORANGE, CT, 06477
NTEE Category
Code: Y43 - Mutual benefit
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