Pacific Gas And Electric Company Post- Retirement Life Insurance Trust

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

EIN: 836222129 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Pacific Gas And Electric Company Post- Retirement Life Insurance Trust?

The Pacific Gas and Electric Company Post-Retirement Life Insurance Trust is a nonprofit organization that provides benefits to qualified retirees. Operating as fraternal beneficiary societies and voluntary employees associations, this trust aims to support its eligible retirees, offering a range of benefits to enrich their post-career lives.

Is Pacific Gas And Electric Company Post- Retirement Life Insurance Trust legitimate?

Pacific Gas And Electric Company Post- Retirement Life Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pacific Gas And Electric Company Post- Retirement Life Insurance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pacific Gas And Electric Company Post- Retirement Life Insurance Trust?

The Pacific Gas and Electric Company Post-Retirement Life Insurance Trust is dedicated to offering benefits to eligible retirees. Operating as fraternal beneficiary societies and voluntary employees associations, its mission is to support these retirees post their employment with the company. The trust provides a safety net, ensuring retirees have access to necessary financial aid during their post-retirement phase. The trust's activities are focused on providing assistance and support to those who have retired from Pacific Gas and Electric Company.

Who is the CEO of Pacific Gas And Electric Company Post- Retirement Life Insurance Trust?

The Bank Of New York Mellon is the Trustee (See Schedule O) of Pacific Gas And Electric Company Post- Retirement Life Insurance Trust.

What is the revenue of Pacific Gas And Electric Company Post- Retirement Life Insurance Trust?

Pacific Gas And Electric Company Post- Retirement Life Insurance Trust's revenue in 2022 was $6,687,175.

Who are the executives of Pacific Gas And Electric Company Post- Retirement Life Insurance Trust and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pacific Gas And Electric Company Post- Retirement Life Insurance Trust?

Pacific Gas And Electric Company Post- Retirement Life Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pacific Gas And Electric Company Post- Retirement Life Insurance Trust

The Pacific Gas and Electric Company Post-Retirement Life Insurance Trust, often referred to as a fraternal beneficiary society or voluntary employees association, is dedicated to delivering benefits to eligible retirees. This nonprofit organization operates with the primary mission of providing support and assistance to individuals who have retired from Pacific Gas and Electric Company. By functioning as both a fraternal beneficiary society and a voluntary employees association, the Trust ensures that retirees have access to various benefits, enhancing their post-retirement life.

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Impact




October, 2024

The Pacific Gas And Electric Company Post-Retirement Life Insurance Trust plays a crucial role in enhancing the quality of life for eligible retirees. By offering benefits that directly support the health and well-being of its members, the trust alleviates some of the financial burdens that retirees may face.

This organization functions as a fraternal beneficiary society and a voluntary employees association, which fosters a sense of community among its members. The benefits provided contribute to greater financial stability for retirees, enabling them to maintain their quality of life in retirement. This impact not only supports individual retirees but also strengthens communal bonds among former employees, creating a network of mutual assistance and shared welfare.

In summary, the trust's commitment to providing essential benefits empowers retirees and enhances their overall quality of life, which reflects its mission to serve those who have dedicated their careers to the Pacific Gas and Electric Company.




This information is meant to be a general summary of Pacific Gas And Electric Company Post- Retirement Life Insurance 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
$6,687,175 (2022)
Expenses
$13,022,122 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,677,729
  • Program Service Revenue: $9,446
  • Gross Receipts: $41,515,996

Assets and Liabilities:

  • Total Assets: $266,068,135
  • Total Liabilities: $0
  • Net Assets: $266,068,135

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$9,446

Organization Details

Founding Year

1995

Principal Officer

The Bank Of New York Mellon

Main Address

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

NTEE Category

Code: Y40 - Mutual benefit

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