Escanaba Paper Company Union Retirement Insurance Trust Fund

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

EIN: 382821140 ✦ Escanaba, MI ✦ Designated as a 501(c)(9)

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Overview

What is Escanaba Paper Company Union Retirement Insurance Trust Fund?

The Escanaba Paper Company Union Retirement Insurance Trust Fund is a nonprofit organization with a specific mission to help cover the insurance premiums for retirees. While the provided information is limited, it suggests that this fund is committed to supporting retired workers by alleviating the financial burden associated with their insurance costs. This nonprofit's purpose aligns with the broader goal of providing financial security and assistance to retired individuals in need.

Is Escanaba Paper Company Union Retirement Insurance Trust Fund legitimate?

Escanaba Paper Company Union Retirement Insurance Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Escanaba Paper Company Union Retirement Insurance Trust Fund 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 Escanaba Paper Company Union Retirement Insurance Trust Fund?

The Escanaba Paper Company Union Retirement Insurance Trust Fund's mission is to cover the insurance premium expenses for its retirees. This organization serves to financially support its retirees in maintaining their insurance coverage, ensuring they can enjoy their post-employment years with peace of mind. By managing and allocating resources effectively, the Trust Fund aims to provide a stable and affordable insurance solution for its beneficiaries.

Who is the CEO of Escanaba Paper Company Union Retirement Insurance Trust Fund?

Sean Reese is the Secretary of Escanaba Paper Company Union Retirement Insurance Trust Fund.

What is the revenue of Escanaba Paper Company Union Retirement Insurance Trust Fund?

Escanaba Paper Company Union Retirement Insurance Trust Fund's revenue in 2022 was $158,813.

Who are the executives of Escanaba Paper Company Union Retirement Insurance Trust Fund and what are their salaries?


Here are 5 key members and their salaries:


Melvin Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lesnieski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Reese (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Trudell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Vaneffen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Escanaba Paper Company Union Retirement Insurance Trust Fund?

Escanaba Paper Company Union Retirement Insurance Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Escanaba Paper Company Union Retirement Insurance Trust Fund

The Escanaba Paper Company Union Retirement Insurance Trust Fund is committed to a mission that involves covering the insurance premiums for retirees. By assuming this responsibility, the fund aims to provide financial support to individuals who have retired from the Escanaba Paper Company or are part of its union. This mission is essential in ensuring that retirees continue to enjoy adequate insurance coverage, easing their financial burdens during their post-retirement years.

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Impact




October, 2024

The Escanaba Paper Company Union Retirement Insurance Trust Fund plays a significant role in supporting retirees by defraying the costs of insurance premiums. This financial assistance helps ensure that former employees of the Escanaba Paper Company can afford necessary health coverage during their retirement years. The trust fund alleviates the burden of healthcare costs, allowing retirees to enjoy their retirement with peace of mind regarding their health insurance needs. By maintaining affordable access to insurance, the fund contributes to the overall well-being of retirees, enhancing their quality of life and financial stability.




This information is meant to be a general summary of Escanaba Paper Company Union Retirement Insurance Trust Fund. 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
$158,813 (2022)
Expenses
$486,805 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $121,315
  • Program Service Revenue: $37,498
  • Gross Receipts: $643,207

Assets and Liabilities:

  • Total Assets: $5,142,252
  • Total Liabilities: $11,900
  • Net Assets: $5,130,352

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$37,498

Organization Details

Founding Year

1988

Principal Officer

Sean Reese

Main Address

401 LUDINGTON STREET, ESCANABA, MI, 49829

NTEE Category

Code: Y40 - Mutual benefit

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