Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance

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

EIN: 383269155 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance?

Consumers Energy Co Union Wbt is a nonprofit entity based in Chicago, Illinois, with a specific focus on providing retiree life insurance and other related benefits. The organization's mission is to ensure the financial security and well-being of its retirees by offering comprehensive life insurance coverage. While the exact nature of the 'other benefits' is not specified in the provided information, it can be inferred that they may include health, pension, or other retirement-related benefits. The organization operates within the broader context of a union, potentially representing workers or retirees of Consumers Energy Co.

Is Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance legitimate?

Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance is a legitimate nonprofit organization registered as a 501(c)(9) entity. Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance 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: $4,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance?

The mission of Consumers Energy Co Union Wbt, in relation to providing for retiree life insurance, is to ensure the availability of such insurance and other benefits for retired employees. This objective is encapsulated in both a brief activity description and a concise mission statement, both of which emphasize the provision of retiree life insurance and associated benefits. This mission aims to support and protect the financial well-being of retired employees, providing them with peace of mind and security.

Who is the CEO of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance?

The Northern Trust Co is the Principal Officer of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance.

What is the revenue of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance?

Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance's revenue in 2022 was $579,918.

Who are the executives of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance and what are their salaries?


Here are 3 key members and their salaries:


Herb Kops Retired '20 (Director Of Employee Benef)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora B Christopher (Director Of Employee Benef)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Northern Trust Company (Trustee)
  • Compensation: $4,586
  • Related: $0
  • Other: $0
Where can I find the form 990 for Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance?

Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance

Consumers Energy Co Union Wbt, in its mission, is dedicated to providing retiree life insurance and other related benefits. This nonprofit organization works diligently to ensure the financial security of its retired members, offering them peace of mind during their post-employment years. The primary objective of Consumers Energy Co Union Wbt is to maintain a comprehensive insurance coverage plan, which extends beyond just life insurance, providing additional benefits to the retirees. This commitment to retiree well-being highlights Consumers Energy Co Union Wbt's dedication to fostering a sense of security and support for its retired members, allowing them to enjoy their retirement with confidence and ease.

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Impact




October, 2024

Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance serves a crucial role in safeguarding the financial well-being of retirees. By focusing on retiree life insurance and other benefits, this organization ensures that former employees have access to essential support during their retirement years.

The impact of this initiative is multifaceted. Firstly, it provides peace of mind to retirees and their families, knowing that there is financial protection in place should unexpected circumstances arise. This can alleviate stress and enable retirees to enjoy their post-employment lives with greater confidence.

Additionally, the benefits offered can enhance the overall attractiveness of pension plans for current employees, promoting workforce stability and loyalty. This, in turn, can lead to a more engaged and dedicated workforce, ultimately benefitting the organization as a whole.

By prioritizing the needs of retirees, Consumers Energy Co Union Wbt strengthens community ties and fosters a culture of mutual support, which can have positive ripple effects throughout the wider community. Overall, the organization's commitment to providing retiree life insurance and other benefits contributes significantly to the overall welfare of its members and their families.




This information is meant to be a general summary of Consumers Energy Co Union Wbt To Provide For Retiree Life Insurance. 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
$579,918 (2022)
Expenses
$496,025 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $579,918
  • Gross Receipts: $1,003,418

Assets and Liabilities:

  • Total Assets: $11,419,820
  • Total Liabilities: $0
  • Net Assets: $11,419,820

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Organization Details

Founding Year

1995

Principal Officer

The Northern Trust Co

Main Address

P O BOX 804358, CHICAGO, IL, 60680

NTEE Category

Code: Y40 - Mutual benefit

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