Overview
What is Unitil Union Voluntary Employee Benefit Trust?
The Unitil Union Voluntary Employee Benefit Trust is a nonprofit organization that aims to cover health and welfare expenses for Unitil retirees. They operate in accordance with IRC section 501(c)(9), ensuring compliant funding for these essential benefits. Their purpose is to provide financial assistance to retired Unitil employees, thereby supporting their overall well-being.
Is Unitil Union Voluntary Employee Benefit Trust legitimate?
Unitil Union Voluntary Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Unitil Union Voluntary Employee Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Unitil Union Voluntary Employee Benefit Trust?
The Unitil Union Voluntary Employee Benefit Trust is dedicated to funding health and welfare benefit expenses. This organization adheres to IRC section 501(c)(9) while carrying out its mission. Its primary role is to support the health and welfare needs of Unitil retirees. The trust ensures compliance with the specified Internal Revenue Code section while providing necessary financial assistance.
Who is the CEO of Unitil Union Voluntary Employee Benefit Trust?
Daniel Hurstak is the Institutiona of Unitil Union Voluntary Employee Benefit Trust.
What is the revenue of Unitil Union Voluntary Employee Benefit Trust?
Unitil Union Voluntary Employee Benefit Trust's revenue in 2022 was $8,630,287.
Who are the executives of Unitil Union Voluntary Employee Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $31,285
- Related: $25,534
- Other: $0
Where can I find the form 990 for Unitil Union Voluntary Employee Benefit Trust?
Unitil Union Voluntary Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Unitil Union Voluntary Employee Benefit Trust
The Unitil Union Voluntary Employee Benefit Trust, as a nonprofit organization, is committed to funding health and welfare benefit expenses for retirees of Unitil. In accordance with IRC section 501(c)(9), this trust ensures that retired employees from Unitil have access to necessary health and welfare benefits. By fulfilling this mission, the trust aims to provide financial support and security to those who have dedicated their careers to Unitil. This assistance is crucial in ensuring that retirees maintain a decent standard of living even after they have stopped working. This nonprofit organization plays a significant role in supporting the well-being of its beneficiaries, ensuring they receive the healthcare and other essential benefits they deserve.
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Impact
October, 2024
The Unitil Union Voluntary Employee Benefit Trust plays a crucial role in supporting the health and welfare of Unitil retirees. By funding health and welfare benefit expenses, the Trust ensures that retirees have access to essential health care and welfare resources. This support is vital for maintaining the well-being of former employees, allowing them to navigate their retirement years with greater security and peace of mind.
Operating in compliance with IRC section 501(c)(9), the Trust serves a specific community within Hampton, NH, tailored to the needs of those who once contributed to the Unitil workforce. The Trust's mission highlights the commitment to provide crucial benefits, underlining its impact on the lives of retirees who depend on these resources for medical expenses and other welfare needs. By facilitating these benefits, the Trust not only fulfills its financial responsibilities but also fosters a sense of mutual support and solidarity among retirees, enhancing their quality of life during retirement.
This information is meant to be a general summary of Unitil Union Voluntary Employee Benefit 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: $658,856
- Program Service Revenue: $10,498,044
- Gross Receipts: $22,370,250
Assets and Liabilities:
- Total Assets: $19,567,662
- Total Liabilities: $0
- Net Assets: $19,567,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN CONTRIBUTIONS
Revenue
$10,498,044
Organization Details
Founding Year
2004
Phone
(603) 773-6483Principal Officer
Daniel Hurstak
Main Address
6 LIBERTY LANE WEST, HAMPTON, NH, 038421720
NTEE Category
Code: Y43 - Mutual benefit
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