Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement

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

EIN: 582018114 ✦ Midland, TX ✦ Designated as a 501(c)(9)

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Overview

What is Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement?

Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement is a voluntary employee benefit association, serving as a nonprofit entity. Its primary mission is to provide vital financial support in the form of death, sickness, hospitalization, and disability benefits to its members. This organization is dedicated to offering these crucial assistance plans for its members, ensuring financial security and peace of mind during challenging times.

Is Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement legitimate?

Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement is a legitimate nonprofit organization registered as a 501(c)(9) entity. Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement 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 Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement?

The Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement functions as a Voluntary Employee Benefit Association, offering death, sickness, hospitalization, and disability benefits to its members. Its mission is centered around providing these essential benefits to its members, aiming to offer financial support during challenging health situations. The trust agreement is dedicated to serving its members, ensuring they receive the necessary assistance during times of need. It serves as a safety net, providing financial aid during periods of sickness, hospitalization, or disability, thereby offering a sense of security and peace of mind to its members.

Who is the CEO of Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement?

Teresa Dick is the Trustee of Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement.

What is the revenue of Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement?

Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement's revenue in 2022 was $106,464.

Who are the executives of Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement and what are their salaries?


Here are 2 key members and their salaries:


Russell Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Energen Corporation (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement?

Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement

The Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement is a Voluntary Employee Benefit Association that carries out a mission to provide crucial benefits for its members. Specifically, they offer death, sickness, hospitalization, and disability benefits to those who are part of the association. By doing so, they aim to support their members in times of need, offering financial assistance and peace of mind during challenging periods. The benefits paid out by this organization serve as a safety net for its members, providing them with essential support during difficult moments.

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Impact




October, 2024

The Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement plays a significant role in providing essential benefits to its members. By establishing a voluntary employee benefit association, it addresses critical needs such as death, sickness, hospitalization, and disability. This ensures that retired salaried employees have access to necessary support during challenging times, promoting their overall well-being and peace of mind.

The trust agreement facilitates financial assistance for its members, ensuring that they can manage healthcare expenses and other liabilities that may arise due to unforeseen circumstances. The benefits provided not only enhance the quality of life for retirees but also foster a sense of security among them, knowing that they are protected against potential financial hardships.

Located in Midland, Texas, this trust agreement reflects a commitment to mutual benefit, emphasizing the importance of community support for those who have dedicated their careers to the Energen Corporation. Overall, its impact extends beyond mere financial assistance, contributing to a stronger, more resilient community of retired employees.




This information is meant to be a general summary of Energen Corporation Retired Salaried Employee Benefit Plans Trust Agreement. 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
$106,464 (2022)
Expenses
$291,044 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $76,614
  • Gross Receipts: $420,591

Assets and Liabilities:

  • Total Assets: $6,547,962
  • Total Liabilities: $0
  • Net Assets: $6,547,962

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Organization Details

Founding Year

1994

Principal Officer

Teresa Dick

Main Address

500 WEST TEXAS AVE SUITE 1200, MIDLAND, TX, 79701

NTEE Category

Code: Y40 - Mutual benefit

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