Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan

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

EIN: 827024084 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan?

The Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan is a nonprofit organization, specifically established to provide retiree health and welfare benefits to its participating members. This organization is committed to ensuring the well-being of its retirees, offering them essential health-related benefits as part of its mission.

Is Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan legitimate?

Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Optimus Steel Llc Beaumont Texas Retiree Health Benefit 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: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan?

The Optimus Steel Llc Retiree Health Benefit Plan is committed to providing retiree health and welfare benefits to its participants. Their mission is centered around ensuring the well-being of those who have served the organization, offering them necessary healthcare support in their post-employment phase. The plan aims to enhance the quality of life for its retirees by providing them with essential healthcare benefits. The organization strives to maintain a strong and supportive relationship with its retirees, ensuring they receive the care they deserve.

Who is the CEO of Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan?

Jeanette Stump is the Trustee of Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan.

What is the revenue of Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan?

Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan's revenue in 2022 was $1,164,996.

Who are the executives of Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan and what are their salaries?


Here are 4 key members and their salaries:


Jeanette Stump (Trustee)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Ben Lilienfeld (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Henson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberto Becerra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan?

Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Optimus Steel Llc Beaumont Texas Retiree Health Benefit Plan

Optimus Steel Llc's Retiree Health Benefit Plan is committed to providing health and welfare benefits to its plan participants. The mission of this organization is to ensure that retired individuals associated with Optimus Steel Llc have access to essential health-related services and support during their post-employment period. By offering these benefits, the plan aims to enhance the quality of life for its participants, providing them with peace of mind and security in their retirement years.

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Impact




October, 2024

Optimus Steel LLC Beaumont Texas Retiree Health Benefit Plan plays a crucial role in providing retiree health and welfare benefits to its participants. By offering these benefits, the plan helps ensure that retirees have access to necessary medical care and financial support during their retirement years. This assistance can significantly alleviate the financial burden associated with healthcare costs, allowing retirees to maintain their quality of life.

The plan’s focus on health and welfare benefits underscores its commitment to the well-being of its participants. By addressing the healthcare needs of retirees, the plan not only supports individuals but also contributes to the overall health of the community. Additionally, the provision of these benefits can enhance the attractiveness of the workforce by promoting a secure retirement for employees, thereby fostering loyalty and encouraging a positive organizational culture.

Overall, the impact of the Optimus Steel LLC Beaumont Texas Retiree Health Benefit Plan extends beyond individual health; it reflects a broader commitment to support and enrich the lives of retirees, promoting their well-being and stability in the later stages of life.




This information is meant to be a general summary of Optimus Steel Llc Beaumont Texas Retiree Health Benefit 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
$1,164,996 (2022)
Expenses
$1,199,125 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $772,995
  • Program Service Revenue: $392,001
  • Gross Receipts: $1,651,355

Assets and Liabilities:

  • Total Assets: $16,473,798
  • Total Liabilities: $63,744
  • Net Assets: $16,410,054

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$294,924

EMPLOYER CONTRIBUTIONS

Revenue

$97,077

Organization Details

Founding Year

2018

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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