Servco-Aer Employees Health And Welfare Benefit Tr

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

EIN: 806038158 ✦ Madison, WI ✦ Designated as a 501(c)(9)

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Overview

What is Servco-Aer Employees Health And Welfare Benefit Tr?

Servco-Aer Employees Health and Welfare Benefit Trust is a nonprofit organization primarily established to offer health care benefits for the retired employees of Alliant Energy Corporate Services, Inc., Alliant Energy Resources, LLC., and Cedar Rapids and Iowa City Railway Company. Situated in Madison, Wisconsin, the trust's mission is centered around ensuring the well-being of these retired employees by providing them with essential health care services. The organization's activities focus on upholding this mission and offering appropriate healthcare benefits to the qualified retirees.

Is Servco-Aer Employees Health And Welfare Benefit Tr legitimate?

Servco-Aer Employees Health And Welfare Benefit Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Servco-Aer Employees Health And Welfare Benefit Tr 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 Servco-Aer Employees Health And Welfare Benefit Tr?

The mission of Servco-Aer Employees Health and Welfare Benefit Trust is centered around providing health care benefits for the retired employees of Alliant Energy Corporate Services, Inc., Alliant Energy Resources, LLC., and Cedar Rapids and Iowa City Railway Company. This organization is dedicated to ensuring the well-being of these retirees by offering them necessary healthcare benefits. The Trust's purpose is to continue supporting the health needs of these individuals in their post-employment phase.

Who is the CEO of Servco-Aer Employees Health And Welfare Benefit Tr?

Servco-Aer Employees Health And Wel is the Principal Officer of Servco-Aer Employees Health And Welfare Benefit Tr.

What is the revenue of Servco-Aer Employees Health And Welfare Benefit Tr?

Servco-Aer Employees Health And Welfare Benefit Tr's revenue in 2022 was $869,788.

Who are the executives of Servco-Aer Employees Health And Welfare Benefit Tr and what are their salaries?


Here are 2 key members and their salaries:


Principal Custody Solutions (Trustee)
  • Compensation: $2,410
  • Related: $0
  • Other: $0
Wells Fargo Na (Trustee)
  • Compensation: $770
  • Related: $0
  • Other: $0
Where can I find the form 990 for Servco-Aer Employees Health And Welfare Benefit Tr?

Servco-Aer Employees Health And Welfare Benefit Tr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Servco-Aer Employees Health And Welfare Benefit Tr

Servco-Aer Employees Health and Welfare Benefit Trust is an organization dedicated to providing health care benefits for the retired employees of Alliant Energy Corporate Services, Inc., Alliant Energy Resources, LLC., and Cedar Rapids and Iowa City Railway Company. This nonprofit's mission is to ensure that these retired employees have access to necessary health care services, providing them with the support they need during their post-employment years. By offering health care benefits, Servco-Aer Employees Health and Welfare Benefit Trust plays a significant role in enhancing the quality of life for these retired individuals, helping them maintain their well-being and health. The organization's mission is a testament to its commitment to supporting the retired employees of the aforementioned companies, ensuring they continue to live with the dignity and care they deserve.

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Impact




October, 2024

Servco-Aer Employees Health And Welfare Benefit Tr plays a critical role in supporting the health and well-being of retired employees from Alliant Energy Corporate Services, Inc., Alliant Energy Resources, LLC., and Cedar Rapids and Iowa City Railway Company. By providing health care benefits, it ensures that retirees have access to necessary medical services, which can significantly enhance their quality of life during retirement.

The impact of this organization extends beyond mere financial assistance; it fosters a sense of security and peace of mind among retirees and their families. With the rising costs of healthcare, having a reliable source of benefits can alleviate stress and contribute to healthier lifestyles. The program serves as a vital safety net, allowing retired employees to focus on their well-being instead of worrying about healthcare expenses.

In a broader sense, the organization contributes to community stability by supporting the health of a demographic that may face increased medical needs. By prioritizing the wellbeing of retired employees, Servco-Aer Employees Health And Welfare Benefit Tr enhances community resilience and promotes a culture of mutual benefit among those who have dedicated their careers to service in the energy sector and rail industry.




This information is meant to be a general summary of Servco-Aer Employees Health And Welfare Benefit Tr. 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
$869,788 (2022)
Expenses
$2,426,194 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,087
  • Program Service Revenue: $839,639
  • Gross Receipts: $3,357,552

Assets and Liabilities:

  • Total Assets: $1,816,186
  • Total Liabilities: $0
  • Net Assets: $1,816,186

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Programs

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

Health Plan Deposits

Revenue

$839,639

Organization Details

Founding Year

2007

Principal Officer

Servco-Aer Employees Health And Wel

Main Address

4902 N Biltmore Ln Attn Tax Dept, Madison, WI, 53718

NTEE Category

Code: Y42 - Mutual benefit

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