Overview
What is The Avista Corp Retiree Benefit Trust?
The Avista Corp Retiree Benefit Trust functions as a Retiree Welfare Benefit Plan, dedicated to providing health benefits and various insurance coverages for its participants. Specifically, it facilitates medical, dental, and vision services and supplies, as well as offers life insurance, disability benefits, long-term care insurance, and accidental death and dismemberment benefits within set limits. This trust aims to ensure that its retirees receive essential benefits to maintain their wellbeing.
Is The Avista Corp Retiree Benefit Trust legitimate?
The Avista Corp Retiree Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Avista Corp Retiree 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: $15,921
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Avista Corp Retiree Benefit Trust?
The Avista Corp Retiree Benefit Trust functions as a Retiree Welfare Benefit Plan, dedicated to providing health benefits to its participants. It covers medical, dental, and vision services and supplies. Additionally, the trust offers various types of insurance, including life, disability, long-term care, and accidental death and dismemberment, within specified limits, for the wellbeing of its members.
Who is the CEO of The Avista Corp Retiree Benefit Trust?
Scott Morris is the Principal Officer of The Avista Corp Retiree Benefit Trust.
What is the revenue of The Avista Corp Retiree Benefit Trust?
The Avista Corp Retiree Benefit Trust's revenue in 2022 was $12,911,601.
Who are the executives of The Avista Corp Retiree Benefit Trust and what are their salaries?
Here are 7 key members and their salaries:
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- Compensation: $15,921
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Where can I find the form 990 for The Avista Corp Retiree Benefit Trust?
The Avista Corp Retiree Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Avista Corp Retiree Benefit Trust
The Avista Corp Retiree Benefit Trust is a Retiree Welfare Benefit Plan that plays a significant role in facilitating health benefits for its participants. Committed to making a difference, this trust offers coverage for medical, dental, and vision services and supplies. In addition to health benefits, the trust also extends its reach to provide life insurance, disability benefits, long-term care insurance, and accidental death and dismemberment benefits to its members within defined limits. By doing so, the Avista Corp Retiree Benefit Trust ensures that its participants receive comprehensive support to maintain their wellbeing during their retirement years. This benefit plan is dedicated to helping its members focus on their health and overall well-being, allowing them to enjoy their retirement years with peace of mind. The trust's mission is to offer a safety net, providing essential benefits and financial security, enabling its members to live their post-career lives with confidence and dignity.
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Impact
October, 2024
The Avista Corp Retiree Benefit Trust significantly impacts retirees by providing essential health and welfare benefits. It offers a comprehensive Retiree Welfare Benefit Plan that covers medical, dental, and vision services, ensuring that retirees have access to necessary healthcare resources. Additionally, the Trust provides life insurance, disability benefits, long-term care insurance, and accidental death and dismemberment benefits, offering financial security and peace of mind during retirement.
By facilitating these benefits, the Trust helps alleviate the financial burden associated with healthcare and related expenses, enabling retirees to maintain their quality of life. Its focus on mutual benefit underscores the importance of supporting those who have dedicated their careers to Avista Corp, ensuring that they receive the care and assistance they need in their later years. This commitment enhances overall well-being for retirees and fosters a sense of community and appreciation within the organization.
This information is meant to be a general summary of The Avista Corp Retiree 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,388,630
- Program Service Revenue: $11,522,971
- Gross Receipts: $12,934,126
Assets and Liabilities:
- Total Assets: $49,473,671
- Total Liabilities: $0
- Net Assets: $49,473,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,042,107
PARTICIPANT CONTRIBUTIONS
Revenue
$3,480,864
Organization Details
Founding Year
1997
Phone
(509) 489-0500Principal Officer
Scott Morris
Main Address
PO BOX 3727, SPOKANE, WA, 992203727
NTEE Category
Code: Y40 - Mutual benefit
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