Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust

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

EIN: 262732934 ✦ Rapid city, SD ✦ Designated as a 501(c)(9)

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Overview

What is Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust?

Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust is a specialized entity established to offer medical, prescription drug, dental, and life insurance benefits to eligible retirees and their dependents. This trust serves as a vital support system for the bargaining unit former employees of Black Hills Utility Holdings Inc. By providing these benefits, the trust aims to ensure the well-being and financial security of its beneficiaries, thereby enhancing their quality of life during retirement.

Is Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust legitimate?

Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain 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 Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust?

The Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust is dedicated to providing retiree healthcare and life insurance benefits to the former employees who were part of the bargaining unit. Under the terms and conditions of the Black Hills Utility Holdings Inc. funded retiree healthcare and life insurance plan, the Trust offers medical, prescription drug, dental, and life insurance benefits to eligible retirees and their dependents. The primary objective of this Trust is to ensure the financial security and wellbeing of these retired employees by providing essential healthcare and life insurance coverage.

Who is the CEO of Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust?

Anita Carlson is the Principal Officer of Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust.

What is the revenue of Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust?

Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust's revenue in 2022 was $198,983.

Who are the executives of Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust?

Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust

Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust, as its name suggests, is a trust established with a mission to offer retiree healthcare and life insurance benefits to former employees who were part of the bargaining unit. This organization operates under the terms and conditions of the Black Hills Utility Holdings Inc. funded retiree healthcare and life insurance plan. The primary objective of this trust is to provide essential medical, prescription drug, dental, and life insurance coverage to eligible retirees and their dependents. By offering these benefits, the trust aims to support these individuals in maintaining their health and well-being during their post-retirement years. The trust serves as a safety net for these retirees, ensuring they continue to receive necessary healthcare and insurance services, thereby enhancing their quality of life.

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Impact




October, 2024

Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain Trust significantly impacts the well-being of retired employees and their families by delivering essential healthcare and life insurance benefits. By ensuring former employees of bargaining units have access to medical, prescription drug, dental, and life insurance coverage, the Trust plays a vital role in safeguarding their financial security and health in retirement. This support is particularly crucial in helping retirees manage healthcare costs, providing peace of mind, and maintaining quality of life during their later years. Additionally, the Trust contributes to the community by honoring commitments made to employees, thereby fostering goodwill and loyalty among current and future workers. Ultimately, it supports a sustainable transition into retirement for those who have dedicated their careers to the organization.




This information is meant to be a general summary of Black Hills Util Holding Inc Funded Ret Hc&Life Ins Pln Bargain 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
$198,983 (2022)
Expenses
$414,779 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,878
  • Program Service Revenue: $173,105
  • Gross Receipts: $198,983

Assets and Liabilities:

  • Total Assets: $1,465,367
  • Total Liabilities: $20,153
  • Net Assets: $1,445,214

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Programs

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

Employer Contributions

Revenue

$138,756

Participants Contribut

Revenue

$34,349

Organization Details

Founding Year

2008

Principal Officer

Anita Carlson

Main Address

PO Box 1400, Rapid City, SD, 57709

NTEE Category

Code: Y43 - Mutual benefit

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