Overview
What is Public Service Company Of Nm Benefit Trust?
The Public Service Company of NM Benefit Trust is a charitable trust located in Albuquerque, New Mexico, dedicated to offering health and dental benefits to specified employees, their dependents, and family members. This organization processes and covers medical and dental claims, adjustments, refunds, and subrogations, ensuring comprehensive coverage for its beneficiaries.
Is Public Service Company Of Nm Benefit Trust legitimate?
Public Service Company Of Nm Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Public Service Company Of Nm Benefit 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 Public Service Company Of Nm Benefit Trust?
The Public Service Company of NM Benefit Trust is a dedicated organization that offers health and dental benefits to eligible employees, their dependents, and family members. Its primary mission is to manage and provide coverage for medical and dental claims, adjustments, refunds, and subrogations. The trust aims to ensure that those it serves have access to essential health and dental care, enhancing their overall well-being. The benefits it offers contribute significantly to the overall health and financial security of the employees and their families.
Who is the CEO of Public Service Company Of Nm Benefit Trust?
Rebecca Teague is the Trustee of Public Service Company Of Nm Benefit Trust.
What is the revenue of Public Service Company Of Nm Benefit Trust?
Public Service Company Of Nm Benefit Trust's revenue in 2022 was $31,829,085.
Who are the executives of Public Service Company Of Nm Benefit 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 Public Service Company Of Nm Benefit Trust?
Public Service Company Of Nm Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Public Service Company Of Nm Benefit Trust
The Public Service Company of NM Benefit Trust is a dedicated organization that extends health and dental benefits to eligible employees, their dependents, and family members. In simple terms, it serves as a vital safety net, ensuring that individuals under its purview have access to essential medical and dental care services.
Established with a clear mission, the Public Service Company of NM Benefit Trust works diligently to process and cover medical and dental claims, adjustments, refunds, and subrogations. This commitment to providing comprehensive benefits is a testament to its unwavering dedication to the wellbeing of those it serves.
By offering health and dental benefits, the Public Service Company of NM Benefit Trust plays a crucial role in promoting better overall health. This, in turn, can lead to increased productivity, improved focus, and better quality of life for the beneficiaries. Additionally, the organization's services help alleviate the financial burden of healthcare expenses for its members, providing them with peace of mind and the ability to focus on their wellbeing rather than financial concerns.
In essence, the Public Service Company of NM Benefit Trust acts as a trusted partner, making healthcare more accessible and affordable for the employees and their families it serves. This commitment to wellness, financial support, and accessibility is a cornerstone of its mission and a vital contributor to the overall health and happiness of its community.
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Impact
October, 2024
The Public Service Company of New Mexico Benefit Trust plays a crucial role in enhancing the well-being of its employees and their families by providing comprehensive health and dental benefits. This support not only ensures access to necessary medical and dental care but also promotes financial security among employees through the coverage of medical and dental claims. By addressing healthcare needs and providing assistance with claims management, the Trust alleviates the financial burden on employees, allowing them to focus on their work and personal lives. Furthermore, by fostering a healthier workforce, the Trust contributes to overall productivity and morale within the organization, ultimately benefiting the community at large. Through its mission, the organization reinforces the value of supporting employees as a foundational element of a thriving workplace.
This information is meant to be a general summary of Public Service Company Of Nm Benefit 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.
- Program Service Revenue: $31,829,085
- Gross Receipts: $31,829,085
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$22,027,220
EMPLOYEE CONTRIBUTIONS
Revenue
$6,906,415
MISC. REBATES AND REIMBURSEMENTS
Revenue
$2,895,450
Organization Details
Founding Year
1975
Phone
(505) 848-7200Principal Officer
Rebecca Teague
Main Address
PNM HEADQUARTERS MS 0745, ALBUQUERQUE, NM, 87102
NTEE Category
Code: Y20 - Mutual benefit
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