Special Metals Corporation Retiree Benefits Trust

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

EIN: 200508764 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Special Metals Corporation Retiree Benefits Trust?

Special Metals Corporation Retiree Benefits Trust is a nonprofit organization located in Pittsburgh, Pennsylvania. Its primary mission is to provide healthcare coverage and various welfare benefits to retired employees of Special Metals Corporation, its predecessors, and any other corporations where it has assumed retiree benefit obligations. The trust aims to support these retired individuals, ensuring they maintain their well-being during their post-employment years.

Is Special Metals Corporation Retiree Benefits Trust legitimate?

Special Metals Corporation Retiree Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Special Metals Corporation Retiree Benefits 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: $54,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Special Metals Corporation Retiree Benefits Trust?

The Special Metals Corporation Retiree Benefits Trust is committed to providing healthcare coverage and various welfare benefits to a specific group of retired employees. This includes those who have worked for Special Metals Corporation, its predecessors, and any other corporations where the trust has taken on retiree benefit obligations. The primary goal of this trust is to ensure the well-being of these retired individuals, offering them necessary support during their post-employment years.

Who is the CEO of Special Metals Corporation Retiree Benefits Trust?

Jeanette Stump is the Trustee of Special Metals Corporation Retiree Benefits Trust.

What is the revenue of Special Metals Corporation Retiree Benefits Trust?

Special Metals Corporation Retiree Benefits Trust's revenue in 2022 was $6,086,745.

Who are the executives of Special Metals Corporation Retiree Benefits Trust and what are their salaries?


Here are 5 key members and their salaries:


Jeanette Stump (Trustee)
  • Compensation: $12,150
  • Related: $0
  • Other: $0
Robert Adkins (Trustee)
  • Compensation: $10,150
  • Related: $0
  • Other: $0
Howard Kline (Trustee)
  • Compensation: $10,150
  • Related: $0
  • Other: $0
James Carney (Trustee)
  • Compensation: $10,150
  • Related: $0
  • Other: $0
Randall Moore (Trustee)
  • Compensation: $10,150
  • Related: $0
  • Other: $0
Where can I find the form 990 for Special Metals Corporation Retiree Benefits Trust?

Special Metals Corporation Retiree Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Special Metals Corporation Retiree Benefits Trust

Special Metals Corporation Retiree Benefits Trust is dedicated to providing healthcare coverage and various welfare benefits to a specific group of retired employees. This nonprofit organization extends its support to not only the retired employees of Special Metals Corporation but also those from its predecessors and any other corporations where it assumes retiree benefit obligations. Its mission is to ensure that these individuals have access to essential healthcare and welfare benefits during their post-employment phase, contributing to their overall well-being.

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Impact




October, 2024

The Special Metals Corporation Retiree Benefits Trust plays a significant role in supporting the well-being of retired employees by providing crucial healthcare coverage and welfare benefits. By fulfilling this mission, the Trust not only helps ensure financial security for retirees but also addresses their healthcare needs, allowing them to maintain a good quality of life after their careers.

Its impact is particularly felt among those individuals who have spent their careers with Special Metals Corporation and its predecessors, as it alleviates the burden of healthcare costs and enhances their overall welfare. This support fosters a sense of community and loyalty among retirees, strengthening the bonds formed during their employment years. In essence, the Trust serves as a vital safety net for retired employees, demonstrating a commitment to their long-term health and welfare well beyond their active working years.




This information is meant to be a general summary of Special Metals Corporation Retiree Benefits 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.

Revenue
$6,086,745 (2022)
Expenses
$3,171,722 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,806,552
  • Program Service Revenue: $280,193
  • Gross Receipts: $7,250,486

Assets and Liabilities:

  • Total Assets: $121,145,044
  • Total Liabilities: $56,836
  • Net Assets: $121,088,208

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Programs

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

PARTICIPANTS CONTRIBUTIONS

Revenue

$280,193

Organization Details

Founding Year

2003

Principal Officer

Jeanette Stump

Main Address

60 BLVD OF THE ALLIES 5TH FL, PITTSBURGH, PA, 15222

NTEE Category

Code: Y43 - Mutual benefit

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