Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company

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

EIN: 845046092 ✦ El paso, TX ✦ Designated as a 501(c)(9)

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Overview

What is Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company?

The Collectively Bargained Post Retirement Health Benefits Trust of El Paso Electric Company is a nonprofit entity that manages health benefits for retired or disabled employees, along with their spouses and eligible dependents. By utilizing external administrators, this trust ensures the timely payment of medical and prescription claims for its beneficiaries. Furthermore, the trust extends post-retirement health benefits to these individuals, thereby providing essential healthcare support during their retirement phase.

Is Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company legitimate?

Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company is a legitimate nonprofit organization registered as a 501(c)(9) entity. Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company 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: $3,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company?

The Collectively Bargained Post Retirement Health Benefits Trust of El Paso Electric Company serves to manage and facilitate the payment of medical and prescription benefit claims for retired or disabled employees, their spouses, and eligible dependents. Utilizing outside administrators, the trust ensures the provision of post-retirement health benefits to these individuals. The primary objective of this trust is to support the healthcare needs of its beneficiaries after their retirement or disability.

Who is the CEO of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company?

Victor Rueda is the Principal Officer of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company.

What is the revenue of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company?

Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company's revenue in 2022 was $473,322.

Who are the executives of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company and what are their salaries?


Here are 2 key members and their salaries:


Principal Trust Company (N/A)
  • Compensation: $2,749
  • Related: $0
  • Other: $2,749
Wells Fargo Bank Na (N/A)
  • Compensation: $994
  • Related: $0
  • Other: $994
Where can I find the form 990 for Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company?

Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company

The Collectively Bargained Post Retirement Health Benefits Trust of El Paso Electric Company is a dedicated entity that focuses on managing medical and prescription benefit claims for retired or disabled employees, their spouses, and eligible dependents. Utilizing outside administrators, this trust ensures the provision of post-retirement health benefits for these individuals. By doing so, the Trust aims to provide a sense of security and continuity in healthcare coverage for those who have served the company in their retirement years.

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Impact




October, 2024

The Collectively Bargained Post Retirement Health Benefits Trust of El Paso Electric Company plays a critical role in supporting the health and well-being of retired or disabled employees and their families. By facilitating the payment of medical and prescription benefit claims, it ensures that these individuals can access necessary healthcare services without financial burden. The Trust employs outside administrators to manage claims efficiently, providing a structured and reliable process for beneficiaries. This initiative is essential for maintaining the health security of retirees, their spouses, and eligible dependents, thereby contributing to their overall quality of life post-employment.




This information is meant to be a general summary of Collectively Bargained Post Retirement Health Benefits Trust Of El Paso Electric Company. 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
$473,322 (2022)
Expenses
$1,196,569 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,834
  • Program Service Revenue: $249,538
  • Gross Receipts: $473,322

Assets and Liabilities:

  • Total Assets: $24,876,750
  • Total Liabilities: $25,707
  • Net Assets: $24,851,043

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Programs

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

EMPLOYER CONTRIBUTION: BENEFITS
RETIREE CONTRIBUTION: BENEFITS

Revenue

$249,538

Organization Details

Founding Year

2020

Principal Officer

Victor Rueda

Main Address

PO BOX 982 LOC 165, EL PASO, TX, 799600001

NTEE Category

Code: Y43 - Mutual benefit

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