Unitil Non-Union Voluntary Employee Benefit Trust

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

EIN: 900241683 ✦ Hampton, NH ✦ Designated as a 501(c)(9)

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Overview

What is Unitil Non-Union Voluntary Employee Benefit Trust?

The Unitil Non-Union Voluntary Employee Benefit Trust is a nonprofit organization established with the purpose of covering health and welfare expenses for Unitil's retired employees, as per IRC section 501(c)(9). Their mission is to offer support and improve the well-being of these retirees. The trust is dedicated to providing essential financial aid for their health benefits, contributing to their overall welfare.

Is Unitil Non-Union Voluntary Employee Benefit Trust legitimate?

Unitil Non-Union Voluntary Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Unitil Non-Union Voluntary Employee Benefit 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

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What is the mission statement of Unitil Non-Union Voluntary Employee Benefit Trust?

The Unitil Non-Union Voluntary Employee Benefit Trust's mission is centered around funding health and welfare benefit expenses for Unitil retirees, as permitted by IRC section 501(c)(9). The primary objective of this trust is to offer support for the well-being of these retirees, fulfilling its mission to provide necessary assistance. The trust operates with the aim of alleviating the financial burden of healthcare expenses for these retirees, thereby enhancing their quality of life in retirement.

Who is the CEO of Unitil Non-Union Voluntary Employee Benefit Trust?

Daniel Hurstak is the Institutiona of Unitil Non-Union Voluntary Employee Benefit Trust.

What is the revenue of Unitil Non-Union Voluntary Employee Benefit Trust?

Unitil Non-Union Voluntary Employee Benefit Trust's revenue in 2022 was $307,086.

Who are the executives of Unitil Non-Union Voluntary Employee Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Sei Private Trust Company (Institutiona)
  • Compensation: $25,534
  • Related: $31,285
  • Other: $0
Where can I find the form 990 for Unitil Non-Union Voluntary Employee Benefit Trust?

Unitil Non-Union Voluntary Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Unitil Non-Union Voluntary Employee Benefit Trust

The Unitil Non-Union Voluntary Employee Benefit Trust, as a nonprofit organization, is dedicated to funding health and welfare benefit expenses for Unitil retirees. Operating under IRC section 501(c)(9), this mission is driven by a commitment to support the well-being of these individuals. By providing financial assistance for their health and welfare needs, the Trust aims to enhance their quality of life in retirement, ensuring they have access to the necessary resources for their overall well-being.

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Impact




October, 2024

The Unitil Non-Union Voluntary Employee Benefit Trust plays a significant role in providing financial support for health and welfare benefits for Unitil retirees. By funding these necessary expenses, the Trust ensures that retirees have access to essential healthcare services and supports their overall well-being. This support is crucial as it helps address the specific health-related challenges that retirees may face, allowing them to maintain a better quality of life in their post-employment years. The Trust operates under IRC section 501(c)(9), which highlights its structured approach to delivering mutual benefits to its members, reinforcing the commitment to their long-term health and welfare. Operating from Hampton, NH, the Trust is dedicated to safeguarding the interests of Unitil retirees, thereby fostering a supportive community for those who have dedicated their careers to the organization.




This information is meant to be a general summary of Unitil Non-Union Voluntary Employee Benefit 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
$307,086 (2022)
Expenses
$2,092,822 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $474,717
  • Program Service Revenue: $994,243
  • Gross Receipts: $2,609,584

Assets and Liabilities:

  • Total Assets: $7,520,121
  • Total Liabilities: $26,095
  • Net Assets: $7,494,026

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Programs

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

PLAN CONTRIBUTIONS

Revenue

$994,243

Organization Details

Founding Year

2004

Principal Officer

Daniel Hurstak

Main Address

6 LIBERTY LANE WEST, HAMPTON, NH, 038421720

NTEE Category

Code: Y43 - Mutual benefit

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