Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust

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

EIN: 351946825 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust?

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust is a nonprofit organization situated in Indianapolis, Indiana. Their primary focus is to provide post-retirement medical and pharmacy benefits to eligible retirees and their dependent family members. This support aims to ensure the well-being of retirees, offering them necessary healthcare services during their retirement years. The organization's mission is deeply rooted in ensuring the health and wellness of its members, as they transition into their post-career lives.

Is Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust legitimate?

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc 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 Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust?

The Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust is committed to providing post-retirement medical benefits to eligible retirees and their dependent family members. This organization's mission is centered around ensuring the health and well-being of its beneficiaries in their retirement years. It offers comprehensive medical and pharmacy benefits, providing a safety net for retirees who may not have other sources of healthcare coverage. By fulfilling this mission, the trust aims to improve the quality of life for its retirees, allowing them to focus on enjoying their post-career years with peace of mind.

Who is the CEO of Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust?

Max Califar is the Committee Ch of Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust.

What is the revenue of Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust?

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust's revenue in 2022 was $5,227,402.

Who are the executives of Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust and what are their salaries?


Here are 4 key members and their salaries:


Max Califar (Committee Ch)
  • Compensation: $46,000
  • Related: $0
  • Other: $0
Stephen L Meyer (Committee Se)
  • Compensation: $46,000
  • Related: $0
  • Other: $0
Stephen J Plunkett (Committee Me)
  • Compensation: $46,000
  • Related: $0
  • Other: $0
Charissa Ambrose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust?

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust is dedicated to providing post-retirement medical benefits for eligible retirees and their eligible dependents. This nonprofit organization's mission is to ensure that individuals who have retired from their previous employment continue to have access to essential medical care and pharmaceutical assistance. By offering these post-retirement benefits, Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust aims to provide a sense of security and peace of mind to its beneficiaries, allowing them to focus on enjoying their retirement years without the burden of managing their healthcare expenses.

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Impact




October, 2024

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust plays a vital role in supporting the health and well-being of eligible retirees and their dependents by providing post-retirement medical and pharmacy benefits. This assistance helps alleviate the financial burden of healthcare costs, ensuring that retirees can access necessary medical services and medications.

By offering these benefits, the trust contributes significantly to retirees' quality of life, allowing them to maintain their health and independence in their post-retirement years. The focus on mutual benefit fosters a sense of community and support among retirees, enhancing their connection to one another and to the organization. Overall, the trust's impact extends beyond financial assistance to encompass the promotion of a healthier, more secure retirement for its members and their families in Indianapolis and beyond.




This information is meant to be a general summary of Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc 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
$5,227,402 (2022)
Expenses
$5,369,624 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $152,169
  • Program Service Revenue: $5,069,312
  • Gross Receipts: $5,227,402

Assets and Liabilities:

  • Total Assets: $48,084,701
  • Total Liabilities: $1,028,953
  • Net Assets: $47,055,748

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Programs

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

DEATH BENEFITS

Revenue

$3,742,223

PARTICIPANT CONTRIBUTIONS

Revenue

$1,327,089

Organization Details

Founding Year

2000

Principal Officer

Max Califar

Main Address

107 N PENNSYLVANIA ST SUITE 500, INDIANAPOLIS, IN, 46204

NTEE Category

Code: Y40 - Mutual benefit

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