Overview
What is Talen Energy Bargaining Unit Retiree?
Talen Energy Bargaining Unit Retiree is a 501(c)(9) trust, situated in Pittsburgh, Pennsylvania. Its primary objective is to accumulate and manage funds to cover eligible retirees' life insurance costs. This nonprofit organization serves as a financial resource for retirees from Talen Energy's bargaining unit, ensuring they continue to enjoy this essential benefit. The trust operates within the legal framework of a 501(c)(9) organization, a specific category recognized by the Internal Revenue Service that is primarily established for the benefit of employees and their families.
Is Talen Energy Bargaining Unit Retiree legitimate?
Talen Energy Bargaining Unit Retiree is a legitimate nonprofit organization registered as a 501(c)(9) entity. Talen Energy Bargaining Unit Retiree 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: $5,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Talen Energy Bargaining Unit Retiree?
The Talen Energy Bargaining Unit Retiree is governed by a 501(C)(9) trust, which is established to financially cover and pay for eligible retirees' life insurance costs. The primary mission of this trust is to ensure the financial security of eligible retirees by managing and allocating funds for their life insurance expenses. This trust operates to provide a continuous life insurance coverage benefit to the retired employees, thereby offering peace of mind and financial protection during their retirement years.
Who is the CEO of Talen Energy Bargaining Unit Retiree?
Unavailable
What is the revenue of Talen Energy Bargaining Unit Retiree?
Talen Energy Bargaining Unit Retiree's revenue in 2022 was $302,458.
Who are the executives of Talen Energy Bargaining Unit Retiree and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,734
- Related: $0
- Other: $0
Where can I find the form 990 for Talen Energy Bargaining Unit Retiree?
Talen Energy Bargaining Unit Retiree's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Talen Energy Bargaining Unit Retiree
Talen Energy Bargaining Unit Retiree, as a 501(c)(9) trust, is established with a specific mission. This mission revolves around funding and covering the life insurance costs for eligible retirees. This trust serves as a financial backbone, ensuring the continuity of life insurance coverage for its retiree participants. By fulfilling this role, Talen Energy Bargaining Unit Retiree provides a vital safety net for its retirees, ensuring peace of mind during their post-employment years.
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Impact
October, 2024
Talen Energy Bargaining Unit Retiree has a significant impact on the lives of eligible participants by providing financial support for covered retiree life insurance costs. This funding ensures that retirees have access to essential life insurance benefits, offering peace of mind and security during their retirement years. The trust addresses the specific needs of this demographic, enabling participants to manage their healthcare and financial obligations more effectively. Operating from Pittsburgh, PA, the organization plays a crucial role in supporting the welfare of retirees, facilitating better quality of life post-employment, and contributing positively to the community by fostering a sense of security among retired workers.
This information is meant to be a general summary of Talen Energy Bargaining Unit Retiree. 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: $302,458
- Gross Receipts: $1,082,744
Assets and Liabilities:
- Total Assets: $5,087,433
- Total Liabilities: $16,720
- Net Assets: $5,070,713
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Organization Details
Founding Year
2015
Phone
(412) 234-2245Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: J99 - Employment
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