Overview
What is Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust?
The Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust, based in Chicago, Illinois, is a nonprofit entity. Its primary mission is to ensure the continuous payment of life insurance premiums for post-retirement group term life plans. This service is particularly beneficial for retired employees from Wisconsin Energy Corp, offering them peace of mind during their retirement years. The Trust is managed by Northern Trust Co, as indicated in the provided information.
Is Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust legitimate?
Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits 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
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What is the mission statement of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust?
The Wisconsin Energy Corp Union and Non-Union Retiree Life Insurance Benefits Trust is established with a mission to pay the life insurance premiums for post-retirement group term life plans. This trust ensures the continuity of life insurance coverage for retirees, providing financial security and peace of mind during their post-employment years. By managing and funding the premium payments, the trust enables retirees to maintain their life insurance coverage, safeguarding their beneficiaries from potential financial burdens.
Who is the CEO of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust?
David Hughes is the 50 S. Lasalle St., Chicago, Il of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust.
What is the revenue of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust?
Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust's revenue in 2021 was $0.
Who are the executives of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust?
Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust
The Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust is an organization dedicated to a specific mission. This mission involves the payment of life insurance premiums for group term life plans that extend beyond retirement for union and non-union workers. By undertaking this role, the Trust ensures that retired employees continue to benefit from life insurance coverage, providing a sense of security and financial support to their families. This service is a testament to the Trust's commitment to supporting its beneficiaries even in their post-retirement phase. The Trust's activities are centered around the payment of these premiums, thereby ensuring the continuity of life insurance coverage for eligible retirees.
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Impact
October, 2024
Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits Trust plays a crucial role in providing financial security for retirees by covering the premiums for post-retirement group term life insurance plans. This support ensures that retirees can maintain life insurance coverage without the burden of out-of-pocket costs, thereby enhancing their peace of mind and financial stability during retirement. By facilitating these payments, the Trust helps both union and non-union retirees secure their benefit entitlements, contributing to their overall quality of life. This initiative underscores the importance of post-retirement benefits in fostering a sense of mutual support and benefit among the retiree community, particularly in addressing potential financial gaps that may arise in their later years.
This information is meant to be a general summary of Wisconsin Energy Corp Union And Non-Union Retiree Life Insurance Benefits 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1989
Phone
(414) 221-2997Principal Officer
David Hughes
Main Address
C/O Northern Trust Co 50 S Lasall, Chicago, IL, 60675
NTEE Category
Code: Y40 - Mutual benefit
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