Overview
What is Allete And Affiliated Companies Retiree Health Plan A?
Allete and Affiliated Companies Retiree Health Plan A is a nonprofit organization situated in Duluth, Minnesota. Its primary function is to manage medical and dental claims for approximately 813 retirees, their dependents, and surviving spouses. Operating as a fraternal beneficiary society and voluntary employees association, the organization generated a total revenue of $5,399,298 last year. Despite being a nonprofit, it plays a crucial role in providing healthcare support to its members.
Is Allete And Affiliated Companies Retiree Health Plan A legitimate?
Allete And Affiliated Companies Retiree Health Plan A is a legitimate nonprofit organization registered as a 501(c)(9) entity. Allete And Affiliated Companies Retiree Health Plan A 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:
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What is the mission statement of Allete And Affiliated Companies Retiree Health Plan A?
Allete And Affiliated Companies Retiree Health Plan A serves as a health benefits provider, handling medical and dental claims for approximately 813 retirees, their dependents, and surviving spouses. As a fraternal beneficiary society and voluntary employees association, its mission is to provide financial support and health care coverage to its members. The organization aims to ensure the well-being of its beneficiaries by managing their health claims effectively. Last year, it reported total revenues of $5,399,298.
Who is the CEO of Allete And Affiliated Companies Retiree Health Plan A?
Anthony Sauro is the Director of Allete And Affiliated Companies Retiree Health Plan A.
What is the revenue of Allete And Affiliated Companies Retiree Health Plan A?
Allete And Affiliated Companies Retiree Health Plan A's revenue in 2022 was $4,570,416.
Who are the executives of Allete And Affiliated Companies Retiree Health Plan A and what are their salaries?
There 14 volunteers at Allete And Affiliated Companies Retiree Health Plan A.
Here are 11 key members and their salaries:
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- Compensation: $10,853
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Where can I find the form 990 for Allete And Affiliated Companies Retiree Health Plan A?
Allete And Affiliated Companies Retiree Health Plan A's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allete And Affiliated Companies Retiree Health Plan A
Allete and Affiliated Companies Retiree Health Plan A, functioning as a fraternal beneficiary society and voluntary employees association, is dedicated to managing medical and dental claims on behalf of approximately 813 retirees, their dependents, and surviving spouses. Their primary mission revolves around providing financial support to this specific demographic, ensuring they have access to necessary healthcare services. By operating in this capacity, Allete and Affiliated Companies Retiree Health Plan A plays a crucial role in maintaining the wellbeing of its members, providing them with peace of mind during their retirement years. Additionally, the organization generates revenues, with Allete and Affiliated Companies Retiree Health Plan A reporting total revenues of $5,399,298 last year.
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Impact
October, 2024
Allete And Affiliated Companies Retiree Health Plan A plays a crucial role in supporting the health and well-being of approximately 813 retirees, their dependents, and surviving spouses by covering medical and dental claims. This program provides essential health services, ensuring that retired employees can access necessary care without the financial burden often associated with medical expenses.
The plan operates under the framework of fraternal beneficiary societies and voluntary employee associations, fostering a sense of community and mutual support among its members. Located in Duluth, MN, it highlights its commitment to the welfare of retirees through the generation of significant revenues amounting to $5,399,298 in the previous year, enabling the continuation and enhancement of its offerings.
By focusing on mutual benefit, the Retiree Health Plan not only contributes to the physical health of its members but also promotes a sense of security and peace of mind, positively impacting their quality of life in retirement.
This information is meant to be a general summary of Allete And Affiliated Companies Retiree Health Plan A. 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: $3,279,807
- Program Service Revenue: $1,290,609
- Gross Receipts: $7,761,940
Assets and Liabilities:
- Total Assets: $59,221,775
- Total Liabilities: $0
- Net Assets: $59,221,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETIREE CONTRIBUTION
Revenue
$1,290,609
Organization Details
Founding Year
1994
Phone
(218) 723-7559Principal Officer
Anthony Sauro
Main Address
30 WEST SUPERIOR STREET, DULUTH, MN, 55802
NTEE Category
Code: Y40 - Mutual benefit
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