Overview
What is Pennsylvania Power & Light Company?
Pennsylvania Power & Light Company is a 501(c)(9) trust, situated in Pittsburgh, Pennsylvania. Its primary purpose is to provide medical and life insurance benefits to eligible members. Established with the objective of funding and covering these costs, the company strives to support its members in Pittsburgh.
Is Pennsylvania Power & Light Company legitimate?
Pennsylvania Power & Light Company is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pennsylvania Power & Light Company 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: $1,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Pennsylvania Power & Light Company?
The Pennsylvania Power & Light Company, functioning as a 501(c)(9) trust, is dedicated to its mission of providing essential benefits to eligible members. Established with the purpose of funding and covering retiree medical and life insurance expenses, the company's primary objective is to cater to the needs of its eligible members. Based in Pittsburgh, PA, this organization is committed to delivering these benefits, ensuring financial security and support for its members.
What is the revenue of Pennsylvania Power & Light Company?
Pennsylvania Power & Light Company's revenue in 2023 was $1,264,870.
Who are the executives of Pennsylvania Power & Light Company and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,063
- Related: $0
- Other: $0
Where can I find the form 990 for Pennsylvania Power & Light Company?
Pennsylvania Power & Light Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pennsylvania Power & Light Company
Pennsylvania Power & Light Company, functioning as a 501(c)(9) trust, is dedicated to supporting its eligible members by funding and providing for their retiree medical and life insurance expenses. This nonprofit organization's primary mission is to ensure the well-being of its members by offering essential benefits in the realm of medical and life insurance. By fulfilling this mission, Pennsylvania Power & Light Company contributes significantly to the financial security of its members, offering them peace of mind during their retirement years.
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Impact
October, 2024
Pennsylvania Power & Light Company plays a crucial role in supporting the well-being of its eligible members by providing essential benefits, particularly focused on retiree medical and life insurance costs. By operating as a 501(c)(9) trust, it ensures that retirees in Pittsburgh, PA, have access to necessary healthcare and financial security during their retirement years. This commitment to mutual benefit not only enhances the quality of life for its members but also fosters a sense of community and support among retirees in the region. The organization's targeted efforts reinforce the importance of securing healthcare and life insurance in retirement, contributing to overall societal stability and individual peace of mind in the Pittsburgh area.
This information is meant to be a general summary of Pennsylvania Power & Light Company. 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 2023.
- Investment Income: $1,190,595
- Gross Receipts: $5,430,523
Assets and Liabilities:
- Total Assets: $40,444,118
- Total Liabilities: $104,948
- Net Assets: $40,339,170
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Organization Details
Founding Year
1993
Principal Officer
Brent Heintzelman
NTEE Category
Code: Y40 - Mutual benefit
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