Intermountain Power Svc Corp Veba

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

EIN: 870595465 ✦ Phoenix, AZ ✦ Designated as a 501(c)(9)

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Overview

What is Intermountain Power Svc Corp Veba?

Intermountain Power Svc Corp Veba is a nonprofit organization based in Phoenix, Arizona. Their primary mission is to provide various benefits to eligible employees currently covered by a collective bargaining agreement, as well as their dependents and designated beneficiaries. This encompasses both current and retired employees who were formally covered under such agreements. The organization's focus is on extending these benefits to the eligible dependents and beneficiaries of these employees.

Is Intermountain Power Svc Corp Veba legitimate?

Intermountain Power Svc Corp Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Intermountain Power Svc Corp Veba 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: $28,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Intermountain Power Svc Corp Veba?

Intermountain Power Svc Corp Veba's mission is focused on providing beneficial services. Specifically, they aim to extend these benefits to eligible employees who are currently covered under a collective bargaining agreement, as well as their dependents and designated beneficiaries. This extends to eligible retired employees who were formally covered by a collective bargaining agreement, along with their dependents. The organization's purpose is to ensure these individuals receive the necessary support.

Who is the CEO of Intermountain Power Svc Corp Veba?

Unavailable

What is the revenue of Intermountain Power Svc Corp Veba?

Intermountain Power Svc Corp Veba's revenue in 2023 was $1,891,297.

Who are the executives of Intermountain Power Svc Corp Veba and what are their salaries?


There is 1 key member and their salary:


Principal Bank - Pcs Tax (Trustee)
  • Compensation: $28,480
  • Related: $0
  • Other: $0
Where can I find the form 990 for Intermountain Power Svc Corp Veba?

Intermountain Power Svc Corp Veba's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Intermountain Power Svc Corp Veba

Intermountain Power Svc Corp Veba, as a mission-driven entity, is dedicated to extending beneficial offerings to eligible employees currently under the Collective Bargaining Agreement, along with their dependents. Furthermore, the corporation extends these benefits to eligible retired employees who were formally covered by a Collective Bargaining Agreement, their dependents, and their designated beneficiaries. The organization's primary goal is to ensure the well-being and support of its employees both during and post-employment, thereby fostering a sense of security and stability within its workforce.

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Impact




October, 2024

Intermountain Power Svc Corp Veba plays a significant role in providing essential benefits to a specific group of individuals, including eligible employees, their dependents, and retired employees who were formerly covered by a collective bargaining agreement. By focusing on these beneficiaries, the organization ensures that those who have contributed to the workforce through unionized roles receive necessary support, both during their active careers and into retirement.

This initiative fosters a sense of security among employees and retirees, contributing to their overall well-being. Having access to benefits can enhance employee satisfaction, loyalty, and productivity, which are crucial for maintaining a motivated workforce. Additionally, providing these benefits can influence the recruitment and retention of skilled labor, reinforcing the stability of the workforce in industries related to Intermountain Power.

Furthermore, by addressing the needs of dependents and designated beneficiaries, the organization acknowledges the broader social responsibility of supporting families and enhancing their quality of life. This has the potential to create a more supportive community, underscoring the interconnectedness of workplace benefits and social well-being. In summary, Intermountain Power Svc Corp Veba significantly impacts both individual lives and the overall labor environment by ensuring the provision of essential benefits to its members and their families.




This information is meant to be a general summary of Intermountain Power Svc Corp Veba. 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
$1,891,297 (2023)
Expenses
$2,666,453 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,655,532
  • Program Service Revenue: $214,506
  • Gross Receipts: $1,891,297

Assets and Liabilities:

  • Total Assets: $86,109,152
  • Total Liabilities: $0
  • Net Assets: $86,109,152

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$214,506

Organization Details

Founding Year

2004

Main Address

PO BOX 53456 MAC S4101 22G, PHOENIX, AZ, 85072

NTEE Category

Code: Y40 - Mutual benefit

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