Overview
What is Portland General Electric Company Employees' Benefit Trust?
Portland General Electric Company Employees' Benefit Trust is a nonprofit organization, established with a mission to process and distribute payments for health and welfare-related claims. Located in Chicago, Illinois, this entity primarily focuses on managing and disbursing funds related to employee health and wellbeing benefits. The organization's primary activity involves handling claims for health and welfare benefits, ensuring the timely and accurate distribution of these payments to eligible individuals.
Is Portland General Electric Company Employees' Benefit Trust legitimate?
Portland General Electric Company Employees' Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Portland General Electric Company Employees' 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: $29,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Portland General Electric Company Employees' Benefit Trust?
The Portland General Electric Company Employees' Benefit Trust is committed to making payments for health and welfare-related claims. In essence, their mission is to financially support the health and well-being needs of their beneficiaries by processing and disbursing applicable claims. This organization plays a crucial role in providing a safety net for its members during times of medical or other related personal challenges. Their primary focus is on ensuring that eligible individuals receive the necessary financial assistance to meet their health and welfare requirements.
Who is the CEO of Portland General Electric Company Employees' Benefit Trust?
Northern Trust Company is the Principal Officer of Portland General Electric Company Employees' Benefit Trust.
What is the revenue of Portland General Electric Company Employees' Benefit Trust?
Portland General Electric Company Employees' Benefit Trust's revenue in 2022 was $6,822,360.
Who are the executives of Portland General Electric Company Employees' Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $29,130
- Related: $0
- Other: $0
Where can I find the form 990 for Portland General Electric Company Employees' Benefit Trust?
Portland General Electric Company Employees' Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Portland General Electric Company Employees' Benefit Trust
Portland General Electric Company Employees' Benefit Trust is a organization dedicated to fulfilling payments for health and welfare claims. In simpler terms, this nonprofit entity serves the purpose of processing and dispensing financial aid related to health and wellness matters. By providing these payments, it contributes to enhancing the overall health and welfare of the individuals or groups it serves, without specifying the exact nature or source of these benefits. The mission of Portland General Electric Company Employees' Benefit Trust is to offer financial support in health and welfare matters, thereby contributing to the overall well-being of the beneficiaries.
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Impact
October, 2024
Portland General Electric Company Employees' Benefit Trust has a significant impact on the health and welfare of its beneficiaries by providing payments for various claims. Its primary focus is to support the well-being of employees through financial assistance for healthcare-related expenses. This ensures that employees and their families have access to necessary medical services, reducing financial burdens associated with health issues.
Operating out of Chicago, IL, the Trust plays a crucial role in fostering a supportive environment for the workforce by addressing health-related claims efficiently. This not only promotes employee satisfaction and morale but also contributes to a healthier workforce, ultimately benefiting the broader community. The Trust's mission underscores its commitment to mutual benefit, emphasizing the importance of collective well-being in the workplace.
This information is meant to be a general summary of Portland General Electric Company Employees' 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: $2,136,497
- Program Service Revenue: $778,715
- Gross Receipts: $16,165,116
Assets and Liabilities:
- Total Assets: $7,076,122
- Total Liabilities: $0
- Net Assets: $7,076,122
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSOR CONTRIBUTIONS
Revenue
$397,391
PARTICIPANT CONTRIBUTIONS
Revenue
$381,324
Organization Details
Founding Year
2002
Phone
(503) 464-7192Principal Officer
Northern Trust Company
Main Address
PO BOX 804358, CHICAGO, IL, 60680
NTEE Category
Code: Y40 - Mutual benefit
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