Overview
What is Iue-Cwa Gm Bankruptcy Claim Trust?
The Iue-Cwa Gm Bankruptcy Claim Trust is a nonprofit association primarily comprising retired employees from General Motors and Delphi Corporation, who were represented by the International Union of Electrical Workers (Iue-Cwa) or the International Brotherhood of Electrical Workers (IBEW), as well as those represented by the International Union of Operating Engineers (Iueo). Based in Beavercreek, Ohio, the Trust is authorized by the Trust Agreement to offer medical and health benefits to its participants, including sick and accidental benefits, through reimbursement or alternative means. The Trust serves as a crucial support system for its members, providing essential healthcare assistance.
Is Iue-Cwa Gm Bankruptcy Claim Trust legitimate?
Iue-Cwa Gm Bankruptcy Claim Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iue-Cwa Gm Bankruptcy Claim 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: $308,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,034
For more financial information, click here
What is the mission statement of Iue-Cwa Gm Bankruptcy Claim Trust?
The IUE-CWA GM Bankruptcy Claim Trust is an employee association primarily composed of retirees from General Motors and Delphi Corporation, who were represented by the IUE-CWA, as well as those represented by the International Brotherhood of Electrical Workers or the International Union of Operating Engineers. The trust, as outlined in the trust agreement, is authorized to offer medical and health benefits to its participants, including sick and accidental benefits, either by reimbursement or other means. The main objective of the trust is to provide these essential health services to its members.
Who is the CEO of Iue-Cwa Gm Bankruptcy Claim Trust?
James Clark is the Trust Admini of Iue-Cwa Gm Bankruptcy Claim Trust.
What is the revenue of Iue-Cwa Gm Bankruptcy Claim Trust?
Iue-Cwa Gm Bankruptcy Claim Trust's revenue in 2022 was -$14,659,163.
Who are the executives of Iue-Cwa Gm Bankruptcy Claim Trust and what are their salaries?
The average compensation at Iue-Cwa Gm Bankruptcy Claim Trust during 2022 was $182,835. There are 3 employees at Iue-Cwa Gm Bankruptcy Claim Trust.
Here are 7 key members and their salaries:
- Compensation: $213,472
- Related: $0
- Other: $0
- Compensation: $0
- Related: $161,758
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
Where can I find the form 990 for Iue-Cwa Gm Bankruptcy Claim Trust?
Iue-Cwa Gm Bankruptcy Claim Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iue-Cwa Gm Bankruptcy Claim Trust
The IUE-CWA Bankruptcy Claim Trust is an employee association aimed at offering medical and health benefits to its participants. This nonprofit organization is primarily composed of retirees from General Motors and Delphi Corporation, who were previously represented by the International Union of Electrical Workers (IUE-CWA), as well as retirees from these companies who were represented by the International Brotherhood of Electrical Workers or the International Union of Operating Engineers. The Trust is empowered by the Trust Agreement to provide sick and accidental benefits to its participants, either through reimbursement or other means. The mission of the IUE-CWA Bankruptcy Claim Trust is to ensure that its members have access to essential medical care and support during their retirement years.
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Impact
October, 2024
The IUE-CWA GM Bankruptcy Claim Trust serves a crucial role by providing medical and health benefits to retirees of General Motors and Delphi Corporation. This trust, composed of individuals represented by the IUE-CWA and other unions, is pivotal in ensuring that former employees receive necessary support following the bankruptcy proceedings of these major corporations.
By offering reimbursements for medical expenses and providing benefits for sick and accidental injuries, the trust mitigates the financial burdens often faced by retirees, particularly in the wake of corporate restructuring and resultant loss of traditional benefits. This support is instrumental in enhancing the quality of life for participants, helping them manage healthcare costs, and ensuring they have access to essential services.
Overall, the IUE-CWA GM Bankruptcy Claim Trust plays a significant role in safeguarding the welfare of its members, maintaining their health and well-being amid the challenges that arise from corporate bankruptcy scenarios.
This information is meant to be a general summary of Iue-Cwa Gm Bankruptcy Claim 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: -$14,659,163
- Gross Receipts: $15,651,102
Assets and Liabilities:
- Total Assets: $134,340,761
- Total Liabilities: $2,904,892
- Net Assets: $131,435,869
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Organization Details
Founding Year
2010
Phone
(937) 224-5235Principal Officer
James Clark
Main Address
3500 PENTAGON BLVD STE 450, BEAVERCREEK, OH, 45432
NTEE Category
Code: Y20 - Mutual benefit
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