Benefit Plan For Umwa Represented

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

EIN: 232806496 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Benefit Plan For Umwa Represented?

The Benefit Plan for Umwa Represented is a 501(C)(9) trust, which serves as a financial resource for funding and covering the medical and life insurance expenses of retired individuals. Established as a nonprofit entity, this trust is headquartered in Pittsburgh, Pennsylvania. Its primary mission is to provide financial assistance for healthcare and insurance-related costs for its retirees, ensuring they have access to necessary medical services and peace of mind in their later years.

Is Benefit Plan For Umwa Represented legitimate?

Benefit Plan For Umwa Represented is a legitimate nonprofit organization registered as a 501(c)(9) entity. Benefit Plan For Umwa Represented 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: $14,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Benefit Plan For Umwa Represented?

The Benefit Plan for Umwa Represented is a 501(C)(9) trust established with the primary objective of funding and paying for the medical and life insurance costs of retirees. This trust serves to ensure financial security for its beneficiaries in their post-retirement years, providing them with essential health and life insurance coverage. The mission of this plan is to alleviate the financial burden associated with healthcare and insurance expenses, thereby enhancing the quality of life for its retiree members.

Who is the CEO of Benefit Plan For Umwa Represented?

Unavailable

What is the revenue of Benefit Plan For Umwa Represented?

Benefit Plan For Umwa Represented's revenue in 2022 was $380,286.

Who are the executives of Benefit Plan For Umwa Represented and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $14,651
  • Related: $0
  • Other: $0
Where can I find the form 990 for Benefit Plan For Umwa Represented?

Benefit Plan For Umwa Represented's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Benefit Plan For Umwa Represented

The Benefit Plan for Umwa Represented is a 501(C)(9) trust, established with the primary mission of funding and covering the medical and life insurance expenses for its retirees. This nonprofit organization is dedicated to providing financial support to its retired members, ensuring they have access to necessary medical and insurance services during their retirement years. By taking on this responsibility, the Benefit Plan for Umwa Represented demonstrates its commitment to the well-being and security of its retirees, easing their financial burden and allowing them to focus on enjoying their post-career years.

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Impact




October, 2024

The Benefit Plan for UMWA Represented plays a critical role in supporting retirees by providing financial resources for medical and life insurance costs. Established as a 501(C)(9) trust, it ensures that former union members have access to essential health benefits, enhancing their quality of life post-retirement.

By focusing on funding retiree medical expenses, the plan helps alleviate the financial burden associated with healthcare, ensuring that individuals can access necessary treatments and support without the stress of mounting costs. Additionally, life insurance coverage offers peace of mind to retirees and their families, securing financial protection in the event of the policyholder’s passing.

Based in Pittsburgh, PA, this trust embodies a mutual benefit philosophy, uniting members in the goal of securing a stable and healthy retirement. Its impact extends beyond just financial assistance; it fosters a sense of community and solidarity among retirees, reinforcing the interconnectedness of human experience and the importance of supporting one another throughout the different stages of life.




This information is meant to be a general summary of Benefit Plan For Umwa Represented. 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
$380,286 (2022)
Expenses
$277,005 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $380,286
  • Gross Receipts: $4,819,680

Assets and Liabilities:

  • Total Assets: $30,658,093
  • Total Liabilities: $96,167
  • Net Assets: $30,561,926

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Organization Details

Founding Year

1993

Main Address

C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007

NTEE Category

Code: Y40 - Mutual benefit

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