Overview
What is Aep's Umwa Retiree Medical Trust?
Aep's Umwa Retiree Medical Trust is a nonprofit organization dedicated to providing medical benefits for eligible beneficiaries. These beneficiaries primarily include retired employees and their dependents from American Electric Power Company, Inc. and its affiliates. The trust's mission is to offer these benefits through plans affiliated with American Electric Power United Mine Workers of America, aiming to ensure healthcare support for its members.
Is Aep's Umwa Retiree Medical Trust legitimate?
Aep's Umwa Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Aep's Umwa Retiree Medical 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: $2,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Aep's Umwa Retiree Medical Trust?
The AEP's UMWA Retiree Medical Trust is dedicated to providing medical benefits to eligible beneficiaries. This includes retired employees and their dependents from American Electric Power Company, Inc. and its affiliates. The trust achieves this mission by offering medical benefits through the plans represented by American Electric Power United Mine Workers of America. The primary goal of the trust is to ensure that eligible retirees and their families have access to necessary medical care. The trust strives to maintain and uphold this commitment to its beneficiaries, ensuring their well-being and health.
Who is the CEO of Aep's Umwa Retiree Medical Trust?
Unavailable
What is the revenue of Aep's Umwa Retiree Medical Trust?
Aep's Umwa Retiree Medical Trust's revenue in 2022 was $5,815,723.
Who are the executives of Aep's Umwa Retiree Medical Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,448
- Related: $0
- Other: $0
Where can I find the form 990 for Aep's Umwa Retiree Medical Trust?
Aep's Umwa Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aep's Umwa Retiree Medical Trust
Aep's Umwa Retiree Medical Trust is an organization dedicated to providing medical benefits to eligible beneficiaries. Originating from American Electric Power Company, Inc. and its affiliates, this trust funds medical plans for retired employees and their dependents, all represented by American Electric Power United Mine Workers of America. The mission of Aep's Umwa Retiree Medical Trust is to ensure these individuals receive the necessary medical care they need and deserve, through the plans it funds and represents. This nonprofit is committed to supporting the health and wellbeing of its beneficiaries, providing a safety net for their medical needs as they transition into retirement.
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Impact
October, 2024
AEP's UMWA Retiree Medical Trust plays a crucial role in supporting the health and well-being of retired employees and their dependents from American Electric Power Company, Inc. and its affiliates. By funding medical benefits, the trust ensures that eligible beneficiaries have access to necessary healthcare services, which is vital for maintaining their quality of life after retirement.
This initiative alleviates financial burdens associated with medical expenses, providing retirees peace of mind during a potentially vulnerable phase of life. With a mission rooted in mutual benefit, the trust fosters a communal support system, reflecting its commitment to those who have dedicated their careers to the energy sector. The trust's operations in Pittsburgh, PA, highlight its focus on serving local beneficiaries, reinforcing community ties and enhancing the overall welfare of its participants.
This information is meant to be a general summary of Aep's Umwa Retiree Medical 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 2022.
- Investment Income: $5,815,723
- Gross Receipts: $14,514,944
Assets and Liabilities:
- Total Assets: $45,697,575
- Total Liabilities: $0
- Net Assets: $45,697,575
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Organization Details
Founding Year
2013
Phone
(412) 234-2242Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: Y43 - Mutual benefit
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