Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust

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

EIN: 233062203 ✦ Boston, MA ✦ Designated as a 501(c)(9)

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Overview

What is Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust?

The Gpu Companies Basic Life and Accident Ins Plan for Bargaining Unit Retirees Trust is a nonprofit organization situated in Boston, Massachusetts. Its primary objective is to provide life insurance benefits to its members. This is accomplished through partnerships with fraternal beneficiary societies and voluntary employees associations programs. The trust's mission is to ensure that benefits are paid out to members in need. By offering this service, the trust aims to support its members during challenging times.

Is Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust legitimate?

Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit 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 Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust?

The Gpu Companies Basic Life and Accident Ins Plan for Bargaining Unit Retirees Trust is established with the mission to provide life insurance benefits to its members. It achieves this by collaborating with fraternal beneficiary societies and voluntary employees associations programs. The primary objective of the trust is to ensure that benefits are paid out to its members. The trust operates with a focus on serving its members and delivering the promised benefits. The location of the trust is not specified in the provided information.

Who is the CEO of Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust?

State Street is the Trustee of Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust.

What is the revenue of Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust?

Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust's revenue in 2022 was $291,797.

Who are the executives of Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit 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 Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust?

Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit Retirees Trust

The Gpu Companies Basic Life and Accident Ins Plan for Bargaining Unit Retirees Trust is a mission-driven organization that aims to fund life insurance benefits for its members. It accomplishes this mission by collaborating with fraternal beneficiary societies and voluntary employees associations programs. The primary objective of this trust is to ensure that benefits are paid out to its members when needed. This nonprofit organization is committed to serving its members and providing them with the financial support they require during challenging times.

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Impact




October, 2024

The GPU Companies Basic Life and Accident Insurance Plan for Bargaining Unit Retirees Trust provides crucial life insurance benefits for its members, specifically targeting retirees from bargaining units. By funding these benefits through fraternal beneficiary societies and voluntary employees associations programs, the Trust plays a significant role in ensuring that retirees receive financial support in the event of death or accidents, thus enhancing their overall security.

This plan not only alleviates financial stress for retirees and their families but also reinforces a sense of community and mutual support among members. By prioritizing the well-being of retirees, the Trust fosters a culture of care and responsibility, ultimately contributing to greater peace of mind for those who have dedicated their careers to the workplace. Furthermore, its strategic location in Boston, MA, positions it to serve a diverse population of retirees effectively. Overall, the Trust significantly impacts retired employees by providing essential benefits that can ease financial burdens during challenging times.




This information is meant to be a general summary of Gpu Companies Basic Life And Accident Ins Plan For Bargaining Unit 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
$291,797 (2022)
Expenses
$1,635,090 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $291,657
  • Gross Receipts: $291,797

Assets and Liabilities:

  • Total Assets: $11,243,057
  • Total Liabilities: $0
  • Net Assets: $11,243,057

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Organization Details

Founding Year

2000

Principal Officer

State Street

Main Address

C/O State Street Bank PO BOX 5100, BOSTON, MA, 022060001

NTEE Category

Code: Y43 - Mutual benefit

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