Overview
What is Alpena Power Company Retiree Health And Welfare Benefit Trust?
Alpena Power Company Retiree Health and Welfare Benefit Trust is a nonprofit organization situated in Alpena, Michigan. The primary purpose of this trust is to manage funds, primarily through contributions from Alpena Power Company, retiree contributions, and investment earnings directed by the trustees. The primary mission of this trust is to finance the medical expenses of Alpena Power Company retirees and their dependents. This trust serves as a vital resource for the retired employees of Alpena Power Company, ensuring they have access to necessary medical care.
Is Alpena Power Company Retiree Health And Welfare Benefit Trust legitimate?
Alpena Power Company Retiree Health And Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alpena Power Company Retiree Health And Welfare Benefit 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 Alpena Power Company Retiree Health And Welfare Benefit Trust?
The Alpena Power Company Retiree Health and Welfare Benefit Trust is established with a mission to finance the medical expenses of retired employees from Alpena Power Company and their dependents. This is achieved through contributions from Alpena Power Company, contributions from the retirees themselves, and earnings derived from investments managed by the trustees. The primary goal is to ensure that the healthcare needs of retired Alpena Power Company employees and their dependents are financially covered.
Who is the CEO of Alpena Power Company Retiree Health And Welfare Benefit Trust?
Kenneth Dragiewicz is the Co-Trustee of Alpena Power Company Retiree Health And Welfare Benefit Trust.
What is the revenue of Alpena Power Company Retiree Health And Welfare Benefit Trust?
Alpena Power Company Retiree Health And Welfare Benefit Trust's revenue in 2022 was $251,647.
Who are the executives of Alpena Power Company Retiree Health And Welfare Benefit Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alpena Power Company Retiree Health And Welfare Benefit Trust?
Alpena Power Company Retiree Health And Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alpena Power Company Retiree Health And Welfare Benefit Trust
The Alpena Power Company Retiree Health and Welfare Benefit Trust is established with a primary objective of financing the medical expenses of retired employees from Alpena Power Company and their dependents. The trust receives funding through contributions from Alpena Power Company, retirement contributions, and earnings generated from investments managed by the trustees. The trust's mission is to ensure that the retired employees and their dependents have access to necessary medical care, reducing the financial burden associated with healthcare costs during retirement.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Alpena Power Company Retiree Health and Welfare Benefit Trust plays a crucial role in supporting the medical needs of retirees from Alpena Power Company and their dependents. By providing financial assistance for medical costs, the trust helps alleviate the financial burdens that can come with healthcare in retirement. Funding for the trust comes from contributions made by Alpena Power Company, retiree contributions, and investment earnings, ensuring a stable source of resources dedicated to health and welfare.
This trust not only contributes to the financial well-being of its members but also enhances their quality of life by allowing access to necessary medical care. The organization’s commitment to funding healthcare for retirees reflects its mission to support those who have dedicated their careers to the power company. This mutual benefit strengthens the community of retirees, fostering security and peace of mind during their retirement years in Alpena, MI.
This information is meant to be a general summary of Alpena Power Company Retiree Health And Welfare Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $104,819
- Program Service Revenue: $146,828
- Gross Receipts: $251,647
Assets and Liabilities:
- Total Assets: $3,269,539
- Total Liabilities: $0
- Net Assets: $3,269,539
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS-APC
Revenue
$139,016
CONTRIBUTIONS-RETIREES
Revenue
$7,812
Organization Details
Founding Year
2007
Phone
(989) 358-4931Principal Officer
Kenneth Dragiewicz
Main Address
401 N 9TH AVENUE, ALPENA, MI, 49707
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Alpena Power Company Retiree Health And Welfare Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.