Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust

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

EIN: 223323698 ✦ Boston, MA ✦ Designated as a 501(c)(9)

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Overview

What is Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust?

The Gpu Companies Health Care Plan For Non-Bargaining Retirees Trust is a nonprofit organization devoted to funding healthcare benefits for retired employees who did not participate in collective bargaining agreements. This trust ensures that eligible retirees receive essential healthcare coverage, providing vital support for their well-being in their later years. The trust's mission is to maintain a sustainable program, ensuring the financial security and long-term viability of the healthcare benefits it provides.

Is Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust legitimate?

Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Gpu Companies Health Care Plan For Non- Bargaining Retirees 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 Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust?

The Gpu Companies Health Care Plan For Non-Bargaining Retirees Trust is dedicated to providing healthcare benefits for retirees. The trust's primary goal is to ensure that retired individuals receive the necessary healthcare services they require. The organization focuses on funding healthcare programs to support the wellbeing of retired individuals. It is an essential resource for retirees, offering them access to vital healthcare benefits. The trust's mission is to maintain the health and well-being of retired employees, providing peace of mind during their retirement years. By funding healthcare programs, the trust aims to help retirees maintain their quality of life and access necessary medical services.

Who is the CEO of Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust?

State Street Bank is the Trustee of Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust.

What is the revenue of Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust?

Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust's revenue in 2022 was $133,572,410.

Who are the executives of Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust and what are their salaries?


There is 1 key member and their salary:


State Street Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust?

Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gpu Companies Health Care Plan For Non- Bargaining Retirees Trust

Gpu Companies Health Care Plan for Non-Bargaining Retirees Trust is a charitable organization dedicated to funding healthcare benefits for retirees. Established with the purpose of providing essential medical coverage to those who have worked tirelessly for Gpu Companies throughout their careers, this trust ensures that retirees continue to receive access to healthcare services they need to maintain their wellbeing.

In a world where healthcare expenses can be a significant financial burden, particularly for retirees, the mission of Gpu Companies Health Care Plan for Non-Bargaining Retirees Trust takes on even greater importance. By providing healthcare benefits, the trust enables retirees to focus on their health and wellbeing, rather than worrying about the financial implications of medical expenses. The trust's commitment to the wellbeing of its retirees is unwavering, making a positive impact on their lives and enhancing their overall quality of life in their retirement years.

The trust's role as a vital safety net for retirees is essential, especially given the increasing cost of healthcare. By pooling resources to fund healthcare benefits for retirees, the trust provides a vital service, helping retirees access the healthcare services they need to live healthy and fulfilling lives. The mission of Gpu Companies Health Care Plan for Non-Bargaining Retirees Trust is a testament to the organization's commitment to its retirees, ensuring they receive the care and support they deserve throughout their retirement years.

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Impact




October, 2024

The GPU Companies Health Care Plan for Non-Bargaining Retirees Trust plays a crucial role in providing healthcare benefits to retirees who are not part of collective bargaining agreements. By specifically targeting this demographic, the trust ensures that these retirees receive necessary medical support, which is vital for their well-being.

The trust is dedicated to funding healthcare benefits, alleviating the financial burden associated with medical expenses that retirees often face. This support can enhance retirees' quality of life, allowing them to access necessary healthcare services without significant financial strain. Furthermore, the establishment of such a trust highlights the commitment of GPU Companies to support their former employees, reinforcing a sense of community and mutual benefit among retirees.

Operating from Boston, MA, the trust focuses on maintaining and managing resources effectively to ensure sustainable healthcare benefits for the long term. This initiative not only signifies the importance of healthcare accessibility for retirees but also sets a precedent for other companies to consider similar support systems for their retirees, thus potentially influencing the standards of retiree benefits across various industries.




This information is meant to be a general summary of Gpu Companies Health Care Plan For Non- Bargaining Retirees 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
$133,572,410 (2022)
Expenses
$127,061,218 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,638,864
  • Program Service Revenue: $131,933,546
  • Gross Receipts: $133,572,410

Assets and Liabilities:

  • Total Assets: $46,571,497
  • Total Liabilities: $0
  • Net Assets: $46,571,497

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$131,498,214

EMPLOYEE CONTRIBUTIONS

Revenue

$435,332

Organization Details

Founding Year

1991

Principal Officer

State Street Bank

Main Address

C/O State Street bank PO Box 5100, Boston, MA, 022060001

NTEE Category

Code: Y43 - Mutual benefit

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