Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit

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

EIN: 943147492 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit?

The Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit is a nonprofit organization dedicated to managing trusts for the welfare benefits and medical claims of retired employees from Pacific Gas & Electric. As a fraternal beneficiary society and voluntary employees association, they fall under this category of organizations. Their primary mission is to ensure the wellbeing of retired PG&E employees by handling their medical and financial needs.

Is Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit legitimate?

Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit 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: $61,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit?

The Pacific Gas & Electric Post Ret Med PL TR Mgt & Non-Barg Unit is a trust management organization, overseeing funds for the welfare benefits and medical claims of retired employees of PG&E. Operating as a fraternal beneficiary society and voluntary employees association, this entity prioritizes the well-being of its retired members by effectively managing the trusts placed under its care.

Who is the CEO of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit?

The Bank Of New York Mellon is the Trustee (See Schedule O) of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit.

What is the revenue of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit?

Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit's revenue in 2022 was $44,557,246.

Who are the executives of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $61,191
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit?

Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit

Pacific Gas & Electric Post Ret Med PL Tr Mgt & Non-Barg Unit, often referred to as PG&E Post Ret, is a nonprofit organization dedicated to managing trusts for the welfare benefits and medical claims of retired employees of Pacific Gas and Electric Company. This fraternal beneficiary society and voluntary employees association prioritizes the well-being of retired PG&E employees, ensuring they receive the medical coverage and financial support they deserve.

PG&E Post Ret's mission lies in the management and maintenance of trusts tailored to the needs of retired PG&E employees. The organization's primary focus is on the welfare and medical claims, providing a safety net for those who have devoted their careers to Pacific Gas and Electric Company. By falling under the category of fraternal beneficiary societies and voluntary employees associations, PG&E Post Ret builds a strong sense of community among its members, fostering a sense of belonging and support.

The role of PG&E Post Ret extends beyond the management of trusts, as it strives to provide essential services and resources to its members. The organization's commitment to its mission enables retired employees to access the welfare benefits and medical coverage they need, ensuring they maintain their quality of life and peace of mind during their post-career years.

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Impact




October, 2024

Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit plays a crucial role in securing and managing welfare benefits and medical claims for the retired employees of PG&E. By overseeing trusts that are specifically dedicated to these purposes, the organization ensures that retirees have access to essential healthcare services and support during their retirement years. This focus on managing welfare benefits enhances the quality of life for former employees and their families, alleviating financial burdens that arise from medical expenses.

Moreover, the organization fosters a sense of community and mutual support among retirees, acting as a fraternal beneficiary society. This creates a network of assistance that can contribute to overall well-being and solidarity among individuals who have dedicated their careers to PG&E. By prioritizing the health and welfare of its members, Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit helps to maintain a secure and supportive environment for those who have served the company, ultimately benefiting the larger community in Pittsburgh, PA, and beyond.




This information is meant to be a general summary of Pacific Gas & Electric Post Ret Med Pl Tr Mgt & Non-Barg Unit. 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
$44,557,246 (2022)
Expenses
$72,937,262 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,835,172
  • Program Service Revenue: $32,967,868
  • Gross Receipts: $44,682,495

Assets and Liabilities:

  • Total Assets: $111,473,174
  • Total Liabilities: $4,017,149
  • Net Assets: $107,456,025

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$32,967,868

Organization Details

Founding Year

1991

Principal Officer

The Bank Of New York Mellon

Main Address

C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007

NTEE Category

Code: Y40 - Mutual benefit

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