Overview
What is American Electric Power System Employees?
American Electric Power System Employees is a nonprofit organization that ensures current employees and their dependents of American Electric Power Company, Inc. and its affiliates receive funding for essential benefits, including medical, dental, life, and long-term disability coverage. By providing these vital benefits, the organization enhances the wellbeing of its workforce and their families.
Is American Electric Power System Employees legitimate?
American Electric Power System Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Electric Power System Employees 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $12,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of American Electric Power System Employees
The American Electric Power System Employees, a dedicated trust, is committed to fulfilling the financial obligations for medical, dental, life, and long-term disability benefits for the current employees and their dependents of American Electric Power Company, Inc., and its affiliates. This trust plays a crucial role in ensuring the well-being and security of the workforce by providing essential benefits, allowing them to focus on their jobs and families without financial stress.
By funding these obligations, the American Electric Power System Employees trust demonstrates its unwavering support for the employees' health and welfare. The trust's mission is to alleviate the financial burden of benefits, enabling employees to access necessary medical, dental, and disability services when needed. This commitment not only benefits the employees but also their dependents, ensuring they have access to comprehensive coverage that protects their overall well-being.
In summary, the American Electric Power System Employees trust serves as a vital financial safety net for the current employees and their dependents of American Electric Power Company, Inc., and its affiliates. By providing funding for medical, dental, life, and long-term disability benefits, the trust enables its recipients to focus on their health and well-being without the added worry of financial strain.
Impact
This information is meant to be a general summary of American Electric Power System Employees. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
American Electric Power System Employees provide essential funding for medical, dental, life, and long-term disability benefits for current employees and their dependents at American Electric Power Company, Inc. and its affiliates. This support helps ensure that employees have access to crucial healthcare and financial protection, contributing to their overall well-being and job security. By fulfilling these obligations, American Electric Power System Employees have a direct impact on the health and stability of the workforce within the organization.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$210,677,535
EMPLOYEE CONTRIBUTIONS
Revenue
$81,548,462
Organization Details
Founding Year
1969
Phone
(412) 234-2242
Principal Officer
Brent Heintzelman
Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of American Electric Power System Employees and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.