Trust For The Benefit Of Union Retirees Of Roanoke Gas Company

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 546359434 ✦ Roanoke, VA ✦ Designated as a 501(c)(9)

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Overview

What is Trust For The Benefit Of Union Retirees Of Roanoke Gas Company?

Trust for the Benefit of Union Retirees of Roanoke Gas Company is a nonprofit organization situated in Roanoke, Virginia. Its primary focus is on establishing a defined benefit health and welfare benefit plan, which provides essential medical and life insurance benefits to eligible active and retired employees of RGC Resources, Inc. and its subsidiaries, who choose to participate. The organization's mission is to ensure these employees have access to necessary health and insurance benefits, contributing to their overall wellbeing.

Is Trust For The Benefit Of Union Retirees Of Roanoke Gas Company legitimate?

Trust For The Benefit Of Union Retirees Of Roanoke Gas Company is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The Benefit Of Union Retirees Of Roanoke Gas Company 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

For more financial information, click here

What is the mission statement of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company?

The Trust For The Benefit Of Union Retirees Of Roanoke Gas Company was established with a mission to provide defined benefit health and welfare benefits, specifically medical and life insurance, to eligible active and retired employees of RGC Resources, Inc. and its subsidiaries who choose to participate. This organization aims to offer medical and life insurance benefits through its established plan. While the specific details of the programs are not provided, it is clear that the Trust's purpose is to support the healthcare needs of eligible employees.

Who is the CEO of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company?

Timothy J Mulvaney is the Trustee of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company.

What is the revenue of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company?

Trust For The Benefit Of Union Retirees Of Roanoke Gas Company's revenue in 2022 was $40,772.

Who are the executives of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company and what are their salaries?


Here are 4 key members and their salaries:


Paul Nester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Brooke Miles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason A Field (Trustee/Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence T Oliver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trust For The Benefit Of Union Retirees Of Roanoke Gas Company?

Trust For The Benefit Of Union Retirees Of Roanoke Gas Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company

The Trust for the Benefit of Union Retirees of Roanoke Gas Company is established with a mission to provide defined benefit health and welfare benefits, specifically medical and life insurance, to eligible active and retired employees of RGC Resources, Inc. and its subsidiaries who choose to participate. This nonprofit organization aims to support these employees by establishing a plan that offers them these crucial benefits, thereby enhancing their well-being. The Trust's programs are centered around the provision of medical and life insurance benefits, ensuring the financial security and health of its members.

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Impact




October, 2024

Trust For The Benefit Of Union Retirees Of Roanoke Gas Company plays a crucial role in ensuring the financial and physical well-being of eligible active and retired employees of RGC Resources, Inc. and its subsidiaries. By establishing a defined benefit health and welfare plan, the trust provides essential medical and life insurance benefits that enhance the quality of life for participants.

The impact of this trust extends beyond mere financial support; it fosters a sense of security and peace of mind for retirees and their families, knowing they have access to vital health services and financial assistance in times of need. This support is especially significant given the rising costs of healthcare and the unique challenges faced by retirees.

Additionally, the trust contributes to the overall morale and retention of employees within the organization, demonstrating a commitment to their welfare and acknowledging their years of service. This can also enhance the reputation of RGC Resources, Inc. as an employer that values its workforce, thereby attracting future talent.

Overall, the Trust For The Benefit Of Union Retirees Of Roanoke Gas Company serves as a vital safety net, ensuring health and financial benefits that profoundly affect the lives of many individuals in the community.




This information is meant to be a general summary of Trust For The Benefit Of Union Retirees Of Roanoke Gas Company. 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.

Revenue
$40,772 (2022)
Expenses
$216,344 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,158
  • Program Service Revenue: $21,614
  • Gross Receipts: $65,586

Assets and Liabilities:

  • Total Assets: $1,813,652
  • Total Liabilities: $508
  • Net Assets: $1,813,144

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYEE CONTRIBUTIONS

Revenue

$21,614

Organization Details

Founding Year

1993

Principal Officer

Timothy J Mulvaney

Main Address

P O BOX 13007, ROANOKE, VA, 24030

NTEE Category

Code: Y40 - Mutual benefit

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