Overview
What is Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust?
The Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust is a nonprofit organization located in St. Louis, Missouri. Their primary mission is to provide group life insurance benefits to retired employees of Alabama Gas Corporation. As a voluntary employee benefit association, they offer this service to enhance the financial security of their members. The trust operates with a clear focus on supporting the retired salaried employees of the corporation, demonstrating a commitment to their well-being post-employment.
Is Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust legitimate?
Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alabama Gas Corporation Retired Salaried Group Life Insurance Plan 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 Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust?
The Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust serves as a Voluntary Employee Benefit Association, aiming to provide group life insurance benefits to its employees. Its primary mission is to offer this essential coverage, ensuring financial security for the employees in case of unfortunate events. The trust does not have a formal mission statement beyond this core purpose of providing group life insurance benefits.
Who is the CEO of Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust?
Adam W Woodard is the Trustee of Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust.
What is the revenue of Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust?
Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust's revenue in 2022 was $157,316.
Who are the executives of Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust?
Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust
Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust is a voluntary employee benefit association that plays a significant role in providing group life insurance benefits to its employees. This nonprofit organization's mission is to ensure the financial security of its members in the event of an unfortunate demise, offering a sense of peace and stability during challenging times. By acting as a reliable partner, Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust contributes to the well-being of its employees, demonstrating a commitment to their overall welfare beyond their professional roles.
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Impact
October, 2024
The Alabama Gas Corporation Retired Salaried Group Life Insurance Plan Trust plays a significant role in providing financial security to employees through group life insurance benefits. By offering these benefits, the Trust helps to alleviate the financial burden that families may face in the event of an employee's passing. This support serves not only as a safety net for retirees and their families but also enhances the overall welfare and morale of employees during their tenure with the company.
The presence of this Trust in St. Louis, MO, allows for a structured and reliable means of ensuring that employees have access to life insurance, which can be particularly crucial for those planning for their long-term financial futures. Additionally, by being categorized as a Voluntary Employee Benefit Association, it demonstrates a commitment to enhancing the employee experience and addressing their needs beyond traditional salary and retirement benefits.
Moreover, the Trust's mission aligns with a broader movement to provide necessary support and resources to employees, fostering a culture of care and responsibility within the workforce. This type of initiative contributes positively to organizational loyalty, employee retention, and overall community well-being, making it an integral part of the employment landscape.
This information is meant to be a general summary of Alabama Gas Corporation Retired Salaried Group Life Insurance Plan 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: $157,316
- Gross Receipts: $1,055,150
Assets and Liabilities:
- Total Assets: $11,306,209
- Total Liabilities: $0
- Net Assets: $11,306,209
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Organization Details
Founding Year
2014
Phone
(314) 342-0586Principal Officer
Adam W Woodard
Main Address
700 MARKET STREET 4TH FLOOR, ST LOUIS, MO, 631011829
NTEE Category
Code: Q44 - International
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