Pinnacle West Capital Corporation Life Insurance Benefits Trust

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

EIN: 816137331 ✦ Heritage dr n qu, MA ✦ Designated as a 501(c)(9)

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Overview

What is Pinnacle West Capital Corporation Life Insurance Benefits Trust?

Pinnacle West Capital Corporation Life Insurance Benefits Trust is a nonprofit organization designed to extend benefits to eligible members. Operating as a fraternal beneficiary society and voluntary employees association, it focuses on providing support through various programs, contributing significantly to members' welfare. By offering benefits, this trust ensures a sense of security and assistance for those who qualify, ultimately enhancing their overall well-being.

Is Pinnacle West Capital Corporation Life Insurance Benefits Trust legitimate?

Pinnacle West Capital Corporation Life Insurance Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pinnacle West Capital Corporation Life Insurance 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: $10,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pinnacle West Capital Corporation Life Insurance Benefits Trust?

The Pinnacle West Capital Corporation Life Insurance Benefits Trust is dedicated to extending support and advantages to eligible members. As a fraternal beneficiary society and voluntary employees association, it strives to deliver benefits through various programs. These offerings include payments made to members themselves. The Trust's ultimate goal is to make a positive impact on the lives of its members.

Who is the CEO of Pinnacle West Capital Corporation Life Insurance Benefits Trust?

Brian Hawko is the Principal Officer of Pinnacle West Capital Corporation Life Insurance Benefits Trust.

What is the revenue of Pinnacle West Capital Corporation Life Insurance Benefits Trust?

Pinnacle West Capital Corporation Life Insurance Benefits Trust's revenue in 2022 was $462,515,260.

Who are the executives of Pinnacle West Capital Corporation Life Insurance Benefits Trust and what are their salaries?


There is 1 key member and their salary:


State Street Bank Trust Comp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pinnacle West Capital Corporation Life Insurance Benefits Trust?

Pinnacle West Capital Corporation Life Insurance Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pinnacle West Capital Corporation Life Insurance Benefits Trust

The Pinnacle West Capital Corporation Life Insurance Benefits Trust is a fraternal beneficiary society and voluntary employees association dedicated to extending benefits to eligible members. In simpler terms, this organization serves as a safety net, offering support and financial assistance to those who meet the qualifications. The mission of Pinnacle West Capital Corporation Life Insurance Benefits Trust is multifaceted, with a primary focus on delivering benefits to its members.

This nonprofit organization operates on the principles of a mutual aid society, where members pool their resources together to provide for one another. Through various programs, Pinnacle West Capital Corporation Life Insurance Benefits Trust extends essential benefits to its members, enhancing their overall well-being. The trust's reach goes beyond just financial aid; it also fosters a sense of community and belonging among its members.

Pinnacle West Capital Corporation Life Insurance Benefits Trust is more than just a financial institution. It is a network of individuals coming together to support one another during challenging times. By providing benefits to its members, this organization plays a crucial role in promoting financial security and peace of mind. This, in turn, allows members to focus on their personal growth and well-being. Through its mission, Pinnacle West Capital Corporation Life Insurance Benefits Trust creates a ripple effect, positively impacting the lives of countless individuals and their families.

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Impact




October, 2024

The Pinnacle West Capital Corporation Life Insurance Benefits Trust significantly impacts its members by providing essential financial benefits through various programs. By focusing on the needs of eligible members, it ensures that they receive crucial support when needed most. This organization operates as a fraternal beneficiary society and voluntary employees association, fostering a sense of community and mutual aid among its members.

Through its offerings, the Trust helps individuals secure their financial future and that of their families, contributing to overall well-being. The benefits provided can include life insurance payouts and other financial assistance, reinforcing the importance of collective support in times of need. By promoting a network of mutual benefit, the Pinnacle West Capital Corporation Life Insurance Benefits Trust plays a vital role in enhancing member security and fostering a supportive community.




This information is meant to be a general summary of Pinnacle West Capital Corporation Life Insurance 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
$462,515,260 (2022)
Expenses
$21,127,536 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $462,515,230
  • Gross Receipts: $685,068,571

Assets and Liabilities:

  • Total Assets: $458,793,148
  • Total Liabilities: $0
  • Net Assets: $458,793,148

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Organization Details

Founding Year

2018

Principal Officer

Brian Hawko

Main Address

c/o State Street Bank Trust Co, HERITAGE DR N Qu, MA, 02171

NTEE Category

Code: Y43 - Mutual benefit

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