Midland Cogeneration Venture Lp

Mcv Retiree Health Plan Bargaining

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

EIN: 383067491 ✦ Midland, MI ✦ Designated as a 501(c)(9)

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Overview

What is Midland Cogeneration Venture Lp?

Midland Cogeneration Venture Lp, or MCV, is a nonprofit organization based in Midland, Michigan. Its primary focus is providing post-retirement health care benefits to eligible employees and their dependents. The organization's mission, as stated, is to recognize and reward the valuable service of current and future employees by offering some form of post-retirement health care benefits. The VEBAs, or Voluntary Employers' Beneficiary Associations, such as MCV Retiree Health Plan Bargaining, play a crucial role in fulfilling this mission. The organization is located at 100 Progress Place, Midland, MI 48640.

Is Midland Cogeneration Venture Lp legitimate?

Midland Cogeneration Venture Lp is a legitimate nonprofit organization registered as a 501(c)(9) entity. Midland Cogeneration Venture Lp 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 Midland Cogeneration Venture Lp?

Midland Cogeneration Venture Lp's mission is centered around recognizing the valuable service of its eligible employees, both present and future. They aim to provide some form of post-retirement health care benefits as a token of appreciation. The Venture Established Benefit Agreement (VEBA), a key aspect of this mission, offers health care benefits to its participants, including retired employees and their dependents. The primary objective of the VEBA is to ensure the provision of post-retirement health care benefits for its employees.

Who is the CEO of Midland Cogeneration Venture Lp?

Renee J Schroll is the Trustee of Midland Cogeneration Venture Lp.

What is the revenue of Midland Cogeneration Venture Lp?

Midland Cogeneration Venture Lp's revenue in 2022 was $11,225.

Who are the executives of Midland Cogeneration Venture Lp and what are their salaries?


There is 1 key member and their salary:


Chicago Trust Company (Trustee)
  • Compensation: $22,820
  • Related: $0
  • Other: $0
Where can I find the form 990 for Midland Cogeneration Venture Lp?

Midland Cogeneration Venture Lp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Midland Cogeneration Venture Lp

Midland Cogeneration Venture Lp, as a organization, is committed to recognizing the valuable service of its present and future eligible employees. They achieve this by providing a measure of post-retirement health care benefits as a token of appreciation. The primary objective of Midland Cogeneration Venture Lp's VEBAs (Voluntary Employees' Beneficiary Associations) is to ensure the well-being of its retired employees and their dependents by offering post-retirement health care benefits. This mission is designed to show gratitude towards the dedication and hard work of its employees, extending their care beyond their working years.

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Impact




October, 2024

Midland Cogeneration Venture L.P. has a significant impact on employees and retirees by providing essential post-retirement healthcare benefits through a Voluntary Employee Beneficiary Association (VEBA). This initiative supports not only retired employees but also their dependents, ensuring that they have access to necessary healthcare services after their careers. By prioritizing the well-being of its workforce, Midland Cogeneration Venture helps foster a culture of appreciation and security among current and future employees, enhancing overall employee morale and loyalty. The focus on mutual benefit underscores the organization's commitment to recognizing and rewarding valuable service, ultimately contributing to a stable and dedicated workforce.




This information is meant to be a general summary of Midland Cogeneration Venture Lp. 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
$11,225 (2022)
Expenses
$287,115 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,225
  • Gross Receipts: $4,056,045

Assets and Liabilities:

  • Total Assets: $3,529,281
  • Total Liabilities: $0
  • Net Assets: $3,529,281

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Organization Details

Founding Year

1992

Principal Officer

Renee J Schroll

Main Address

100 PROGRESS PLACE, MIDLAND, MI, 48640

NTEE Category

Code: Y40 - Mutual benefit

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