Ak Steel Corp Veba For Uswa Retirees

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

EIN: 830467824 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Ak Steel Corp Veba For Uswa Retirees?

Ak Steel Corp Veba for USWA Retirees is a nonprofit entity with an unspecified location in the information provided. Its primary mission is to extend benefits to eligible members. This organization's purpose is centered around providing assistance to retired workers from United States Steel Corporation (U.S. Steel) and other affiliated companies. By doing so, it aims to support these retirees in their post-employment phase, ensuring they receive the necessary aid and support.

Is Ak Steel Corp Veba For Uswa Retirees legitimate?

Ak Steel Corp Veba For Uswa Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ak Steel Corp Veba For Uswa Retirees 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: $11,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ak Steel Corp Veba For Uswa Retirees?

Ak Steel Corp Veba for Uswa Retirees is dedicated to providing benefits to eligible retirees. Their primary objective is to support these retired individuals by offering them necessary assistance. Their mission is centered around ensuring the well-being and financial security of these retirees, providing them with the necessary resources to live comfortably. The organization focuses on delivering these benefits in a timely and efficient manner, prioritizing the needs of the retirees at the forefront of their operations. While the information provided is limited, it is clear that Ak Steel Corp Veba for Uswa Retirees is committed to serving the needs of its retiree members.

Who is the CEO of Ak Steel Corp Veba For Uswa Retirees?

The Bank Of New York Mellon is the Trustee (See Schedule O) of Ak Steel Corp Veba For Uswa Retirees.

What is the revenue of Ak Steel Corp Veba For Uswa Retirees?

Ak Steel Corp Veba For Uswa Retirees's revenue in 2022 was $2,752,778.

Who are the executives of Ak Steel Corp Veba For Uswa Retirees and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $11,250
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ak Steel Corp Veba For Uswa Retirees?

Ak Steel Corp Veba For Uswa Retirees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ak Steel Corp Veba For Uswa Retirees

Ak Steel Corp Veba for USWA Retirees is an organization dedicated to providing benefits to eligible members. Their mission, in essence, is to support the retired employees from U.S. Steel and Westinghouse Electric Corporation, falling under the VEBAs (Voluntary Employees' Beneficiary Associations) umbrella. This nonprofit aims to ensure that these retirees continue to receive their rightful benefits, ensuring a sense of financial security and stability in their post-employment years.

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Impact




October, 2024

Ak Steel Corp Veba For Uswa Retirees is significant for its role in providing benefits to eligible members, supporting former employees of AK Steel Corporation who are part of the United Steelworkers of America (USWA). This organization focuses on ensuring that retirees receive necessary support, such as health care benefits and other resources that enhance their quality of life after retirement.

The impact of this organization is profound as it addresses the critical needs of retirees, delivering peace of mind by helping to cover essential expenses that often arise in their later years. By focusing on mutual benefit, the Veba fosters a sense of community and support among former employees, reinforcing the solidarity that workers seek in their post-employment life.

In a broader context, the support offered by Ak Steel Corp Veba also reflects the ongoing commitment to the welfare of steelworkers and their families, highlighting the importance of collective bargaining outcomes in the labor sector. Such initiatives can influence perceptions of corporate responsibility and the ethical obligations companies have toward their retired workforce.




This information is meant to be a general summary of Ak Steel Corp Veba For Uswa Retirees. 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
$2,752,778 (2022)
Expenses
$450,332 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $786,773
  • Program Service Revenue: $1,966,005
  • Gross Receipts: $2,752,778

Assets and Liabilities:

  • Total Assets: $53,872,674
  • Total Liabilities: $0
  • Net Assets: $53,872,674

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,966,005

Organization Details

Founding Year

2006

Principal Officer

The Bank Of New York Mellon

Main Address

C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007

NTEE Category

Code: Y20 - Mutual benefit

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