Atlantic Telephone Membership Corporation Retiree Welfare Trust

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

EIN: 208662055 ✦ Shallotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Atlantic Telephone Membership Corporation Retiree Welfare Trust?

Atlantic Telephone Membership Corporation Retiree Welfare Trust is a nonprofit organization established to serve the retired employees and their dependents of the Atlantic Telephone Membership Corporation. The trust offers a range of benefits, including medical, dental, and life insurance, as well as discounts on essential services such as telephone, internet, and cable television. By providing these perks, the trust aims to enhance the quality of life for eligible retirees, ensuring they can maintain their well-being post-retirement.

Is Atlantic Telephone Membership Corporation Retiree Welfare Trust legitimate?

Atlantic Telephone Membership Corporation Retiree Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Atlantic Telephone Membership Corporation Retiree 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Atlantic Telephone Membership Corporation Retiree Welfare Trust?

The Atlantic Telephone Membership Corporation Retiree Welfare Trust serves to provide eligible retirees of the corporation and their dependents with certain medical, dental, and life insurance benefits, as well as discounts on telecommunication services such as telephone, internet, and cable television. The organization's primary goal is to ensure the well-being and financial assistance for these retirees, offering them a range of beneficial services. By doing so, it aims to support the retired employees of the Atlantic Telephone Membership Corporation in maintaining a comfortable post-retirement life.

Who is the CEO of Atlantic Telephone Membership Corporation Retiree Welfare Trust?

Kim Edwards is the Trustee of Atlantic Telephone Membership Corporation Retiree Welfare Trust.

What is the revenue of Atlantic Telephone Membership Corporation Retiree Welfare Trust?

Atlantic Telephone Membership Corporation Retiree Welfare Trust's revenue in 2022 was $1,116,655.

Who are the executives of Atlantic Telephone Membership Corporation Retiree Welfare Trust and what are their salaries?

There 4 volunteers at Atlantic Telephone Membership Corporation Retiree Welfare Trust.


Here are 4 key members and their salaries:


Keith Holden (Trustee)
  • Compensation: $0
  • Related: $334,732
  • Other: $33,200
Kim Edwards (Trustee)
  • Compensation: $0
  • Related: $169,724
  • Other: $9,487
Jamie Milliken (Trustee (Thru 02/22))
  • Compensation: $0
  • Related: $12,083
  • Other: $217
Whitney King (Trustee)
  • Compensation: $0
  • Related: $22,092
  • Other: $1,304
Where can I find the form 990 for Atlantic Telephone Membership Corporation Retiree Welfare Trust?

Atlantic Telephone Membership Corporation Retiree Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Atlantic Telephone Membership Corporation Retiree Welfare Trust

Atlantic Telephone Membership Corporation Retiree Welfare Trust is an organization dedicated to offering medical, dental, and life insurance benefits, as well as discounts on telephone, internet, and cable television services, to eligible retirees of the Atlantic Telephone Membership Corporation and their dependants. The mission of this trust is to provide these essential services, ensuring the financial and healthcare security of its members in their retirement years. By offering these benefits, the trust aims to enhance the quality of life for its retiree members, providing them with peace of mind and essential resources during their post-employment period.

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Impact




October, 2024

The Atlantic Telephone Membership Corporation Retiree Welfare Trust plays a vital role in supporting eligible retirees and their dependents by providing essential medical, dental, and life insurance benefits. This assistance enhances the quality of life for retirees, ensuring they have access to necessary healthcare services and financial security during their retirement years.

Additionally, the Trust offers discounts on telephone, internet, and cable television services, further alleviating the financial burden on retirees. By combining health benefits with utility discounts, the Trust fosters a sense of community and mutual support, helping retirees maintain their independence and access modern communication technologies. Overall, its contributions significantly enhance the well-being of retirees and their families in Shallotte, NC, and contribute to their ongoing engagement with the broader community.




This information is meant to be a general summary of Atlantic Telephone Membership Corporation Retiree 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.

Revenue
$1,116,655 (2022)
Expenses
$877,291 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $353,306
  • Program Service Revenue: $763,349
  • Gross Receipts: $4,399,589

Assets and Liabilities:

  • Total Assets: $15,902,654
  • Total Liabilities: $0
  • Net Assets: $15,902,654

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$643,845

PLAN PARTICIPANTS CONTRIBUTIONS

Revenue

$119,504

Organization Details

Founding Year

2006

Principal Officer

Kim Edwards

Main Address

640 WHITEVILLE ROAD NW, SHALLOTTE, NC, 28470

NTEE Category

Code: Y43 - Mutual benefit

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