Wheeling Pittsburgh Steel Corp Retiree Benefits Plan

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

EIN: 556162719 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Wheeling Pittsburgh Steel Corp Retiree Benefits Plan?

Wheeling Pittsburgh Steel Corp Retiree Benefits Plan is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary mission is to offer retirement benefits to eligible retirees, their dependents, and beneficiaries. The plan aims to provide these individuals with certain retirement benefits, ensuring financial security and support during their post-employment years. The organization operates from 60 Boulevard of the Allies, 5th Floor, Pittsburgh, PA 15222.

Is Wheeling Pittsburgh Steel Corp Retiree Benefits Plan legitimate?

Wheeling Pittsburgh Steel Corp Retiree Benefits Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wheeling Pittsburgh Steel Corp Retiree Benefits Plan 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wheeling Pittsburgh Steel Corp Retiree Benefits Plan?

The Wheeling Pittsburgh Steel Corp Retiree Benefits Plan is committed to providing certain retirement benefits to eligible retirees, their dependents, and beneficiaries. The organization's primary goal is to ensure the well-being of retired workers and their families by offering various retirement benefits. They strive to uphold this mission through the provision of these benefits, aiming to enhance the post-retirement life of the eligible individuals. The plan focuses on delivering these benefits in a responsible and efficient manner, demonstrating its dedication to the welfare of its beneficiaries.

What is the revenue of Wheeling Pittsburgh Steel Corp Retiree Benefits Plan?

Wheeling Pittsburgh Steel Corp Retiree Benefits Plan's revenue in 2023 was $4,018,052.

Who are the executives of Wheeling Pittsburgh Steel Corp Retiree Benefits Plan and what are their salaries?

Here are 5 key members and their salaries:


Wesbanco Bank Inc (Trustee)
  • Compensation: $33,325
  • Related: $0
  • Other: $0
David Julio (Veba Committee Member)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Jim Sullivan (Veba Committee Member)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Richard Bowness (Veba Committee Member)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
John Saunders (Veba Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wheeling Pittsburgh Steel Corp Retiree Benefits Plan?

Wheeling Pittsburgh Steel Corp Retiree Benefits Plan's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Wheeling Pittsburgh Steel Corp Retiree Benefits Plan

The Wheeling Pittsburgh Steel Corp Retiree Benefits Plan is dedicated to providing certain retirement benefits to eligible retirees, their dependents, and beneficiaries. This mission is carried out through the provision of retirement benefits, ensuring financial security and support for those who have contributed to the corporation during their working years. The plan aims to provide a sense of stability and security in retirement, recognizing the importance of post-employment benefits for individuals and their families. By offering these benefits, the Wheeling Pittsburgh Steel Corp Retiree Benefits Plan seeks to contribute positively to the well-being and overall quality of life of its beneficiaries.

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Impact




October, 2024

The Wheeling Pittsburgh Steel Corp Retiree Benefits Plan plays a crucial role in providing essential benefits to eligible retirees, their dependents, and beneficiaries. By offering these benefits, the plan helps ensure financial security and health support for those who dedicated their working lives to the steel industry. This assistance can be transformative, as it allows retirees to access necessary healthcare, manage living expenses, and maintain a decent quality of life in retirement.

Moreover, the plan strengthens the community by fostering a sense of security and stability among retirees and their families, reflecting a commitment to honoring the contributions of past employees. The availability of these benefits can alleviate stress and enhance well-being, demonstrating the importance of long-term support structures for those who have served in significant capacities in the workforce.




This information is meant to be a general summary of Wheeling Pittsburgh Steel Corp Retiree Benefits Plan. 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
$4,018,052 (2023)
Expenses
$1,657,363 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,247,307
  • Program Service Revenue: $1,857,732
  • Gross Receipts: $8,179,730

Assets and Liabilities:

  • Total Assets: $61,828,484
  • Total Liabilities: $567,516
  • Net Assets: $61,260,968

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Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$1,795,633

EMPLOYER CONTRIBUTIONS

Revenue

$62,099

Organization Details

Founding Year

2003

Principal Officer

Richard E Bowness

NTEE Category

Code: Y43 - Mutual benefit

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