Gerdau Ameristeel Us Union Retiree Health Benefits Trust

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

EIN: 597268449 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Gerdau Ameristeel Us Union Retiree Health Benefits Trust?

Gerdau Ameristeel US Union Retiree Health Benefits Trust is a nonprofit organization based in Pittsburgh, Pennsylvania. The primary role of this trust is to offer retiree health benefits and other welfare advantages to its participating members. The trust is dedicated to providing essential healthcare and related benefits to its beneficiaries, ensuring their well-being during their retirement years. The organization's mission is crystal clear: to serve and support its members by offering the necessary healthcare and welfare provisions.

Is Gerdau Ameristeel Us Union Retiree Health Benefits Trust legitimate?

Gerdau Ameristeel Us Union Retiree Health Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Gerdau Ameristeel Us Union Retiree Health Benefits 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: $8,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Gerdau Ameristeel Us Union Retiree Health Benefits Trust?

The Gerdau Ameristeel US Union Retiree Health Benefits Trust is dedicated to providing retiree health benefits and other welfare support to its participating individuals. This mission is carried out through the provision of necessary medical and wellness amenities, aiming to ensure the well-being of its beneficiaries in their retirement years. The Trust serves as a reliable resource, offering healthcare assistance and support to both the retirees and their families, ultimately enhancing their quality of life during their post-employment phase.

Who is the CEO of Gerdau Ameristeel Us Union Retiree Health Benefits Trust?

Jeanette Stump is the Trustee of Gerdau Ameristeel Us Union Retiree Health Benefits Trust.

What is the revenue of Gerdau Ameristeel Us Union Retiree Health Benefits Trust?

Gerdau Ameristeel Us Union Retiree Health Benefits Trust's revenue in 2022 was $3,200,315.

Who are the executives of Gerdau Ameristeel Us Union Retiree Health Benefits Trust and what are their salaries?


Here are 4 key members and their salaries:


Jeanette Stump (Trustee)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Tom Garlock (Trustee)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Danny Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trena Horton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gerdau Ameristeel Us Union Retiree Health Benefits Trust?

Gerdau Ameristeel Us Union Retiree Health Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gerdau Ameristeel Us Union Retiree Health Benefits Trust

Gerdau Ameristeel US Union Retiree Health Benefits Trust is an organization dedicated to providing retiree health benefits and other welfare assistance to its plan participants. This nonprofit entity's mission is to ensure the well-being of its eligible retirees by offering a comprehensive range of health-related benefits. By prioritizing the health and welfare of its participants, Gerdau Ameristeel US Union Retiree Health Benefits Trust plays a vital role in supporting retirees during their later years, providing them with essential healthcare services and resources. The provision of these benefits serves to enhance the quality of life for the retirees, offering them peace of mind and security in their post-employment phase.

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Impact




October, 2024

Gerdau Ameristeel US Union Retiree Health Benefits Trust plays a crucial role in supporting former employees by providing essential health and welfare benefits. By delivering these benefits, the Trust ensures that retirees have access to medical care and resources that are vital for their well-being as they transition into retirement. This support fosters a sense of security and stability for participants, addressing their health needs and allowing them to maintain a quality standard of living.

Operating from Pittsburgh, PA, the Trust focuses on the unique needs of its plan participants, primarily retired union members, who have dedicated their careers to the steel industry. This commitment not only enhances the physical health of retirees but also contributes to their mental and emotional stability, creating a supportive community that values its members.

Through its mission, Gerdau Ameristeel US Union Retiree Health Benefits Trust reinforces a mutual benefit culture, sharing the importance of caring for those who have served the industry, ultimately impacting the broader community by ensuring that retirees can thrive in their post-employment life.




This information is meant to be a general summary of Gerdau Ameristeel Us Union Retiree Health Benefits 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.

Revenue
$3,200,315 (2022)
Expenses
$1,376,825 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,254,712
  • Program Service Revenue: $1,945,603
  • Gross Receipts: $5,985,179

Assets and Liabilities:

  • Total Assets: $33,530,181
  • Total Liabilities: $24,605
  • Net Assets: $33,505,576

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,765,530

EMPLOYEE CONTRIBUTIONS

Revenue

$180,073

Organization Details

Founding Year

2004

Principal Officer

Jeanette Stump

Main Address

60 BLVD OF THE ALLIES 5TH FL, PITTSBURGH, PA, 15222

NTEE Category

Code: Y43 - Mutual benefit

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