Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees

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

EIN: 943148512 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees?

Pg&E Postretirement Medical Plan Trust for Non-Management Employees and Retirees is a welfare-focused entity, functioning as a trust. Its primary goal is to extend medical benefits to eligible individuals within this category. This nonprofit organization aims to enhance the well-being of its members by offering essential healthcare services.

Is Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees legitimate?

Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees 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: $384,396
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees?

The Pg&E Postretirement Medical Plan Trust for Non-Management Employees and Retirees is committed to providing welfare benefits to eligible members. This mission is carried out by offering a range of services designed to support the well-being of its members. By offering these benefits, the trust aims to enhance the quality of life for its members, providing them with the necessary support during their post-retirement period. The trust's activities are focused on ensuring that eligible members have access to the healthcare and welfare benefits they need, contributing to their overall well-being and peace of mind.

Who is the CEO of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees?

The Bank Of New York Mellon is the Trustee (See Schedule O) of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees.

What is the revenue of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees?

Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees's revenue in 2022 was -$108,406,194.

Who are the executives of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $384,396
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees?

Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees

Pg&E Postretirement Medical Plan Trust Non-Management Employees And Retirees, in essence, is committed to delivering welfare benefits to its eligible members. This organization's primary mission is to ensure that its members enjoy the necessary medical and related benefits, as indicated in its activity or mission description and mission statement. By providing these benefits, the trust aims to support its members in maintaining their well-being and quality of life post-retirement. The organization's focus is on extending these benefits to the non-management employees and retirees of Pg&E, thereby playing a crucial role in their post-employment journey.

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Impact




October, 2024

The Pg&E Postretirement Medical Plan Trust for Non-Management Employees and Retirees plays a crucial role in safeguarding the health and well-being of eligible members by providing essential welfare benefits. By offering medical coverage and other related health services, the trust helps to alleviate financial burdens for retirees and non-management employees, ensuring they have access to necessary healthcare resources. This support is vital for maintaining the overall quality of life for its members, fostering peace of mind during retirement years, and ultimately contributing to the community's health and welfare. By focusing on welfare benefits, the trust helps enhance the stability of retirees, ensuring they can navigate healthcare needs without significant stress.




This information is meant to be a general summary of Pg&E Postretirement Medical Plan Trust Non- Management Employees And Retirees. 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
-$108,406,194 (2022)
Expenses
$113,221,823 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$170,675,964
  • Program Service Revenue: $64,933,179
  • Gross Receipts: $122,235,452

Assets and Liabilities:

  • Total Assets: $1,641,915,307
  • Total Liabilities: $73,195,105
  • Net Assets: $1,568,720,202

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,070,462

EMPLOYEE CONTRIBUTIONS

Revenue

$51,898,497

BENEFIT PAYMENT REFUNDS

Revenue

$10,964,220

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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