Overview
What is Eversource Retirees Benefit Trust?
The Eversource Retirees Benefit Trust is a charitable trust located in Pittsburgh, Pennsylvania, dedicated to distributing payments to carriers and organizations that offer welfare benefits to participants. Its primary mission involves facilitating the provision of benefits to both organizations and individuals who serve this purpose. This trust supports the dissemination of critical benefits to those in need.
Is Eversource Retirees Benefit Trust legitimate?
Eversource Retirees Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Eversource Retirees 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $300,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Eversource Retirees Benefit Trust?
The Eversource Retirees Benefit Trust is dedicated to distributing payments to organizations and individuals, acting as carriers, in order to facilitate the provision of welfare benefits for participating entities. Through this financial support, the Trust enables these entities to continue offering essential benefits to those who rely on them. The mission of the Eversource Retirees Benefit Trust revolves around the distribution of funds to ensure the continuation of welfare benefit programs for various organizations and individuals.
Who is the CEO of Eversource Retirees Benefit Trust?
The Bank Of New York Mellon is the Trustee (See Schedule O) of Eversource Retirees Benefit Trust.
What is the revenue of Eversource Retirees Benefit Trust?
Eversource Retirees Benefit Trust's revenue in 2022 was $21,027,814.
Who are the executives of Eversource Retirees Benefit Trust and what are their salaries?
- The Bank Of New York Mellon (Trustee (See Schedule O))
Where can I find the form 990 for Eversource Retirees Benefit Trust?
The Eversource Retirees Benefit Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Eversource Retirees Benefit Trust
The Eversource Retirees Benefit Trust is a philanthropic organization dedicated to dispersing payments to carriers and similar institutions. These entities provide essential welfare benefits to various organizations and individuals. In essence, the Trust serves as a vital financial backer, enabling these groups to continue offering crucial services to their participants.
By distributing funds to these organizations, the Eversource Retirees Benefit Trust plays a pivotal role in ensuring the continuity of welfare programs. These programs cover a range of essential services, ultimately improving the quality of life for numerous beneficiaries. The Trust's mission is unwavering, as it focuses on the betterment of those who rely on these welfare benefits.
In summary, the Eversource Retirees Benefit Trust acts as a crucial financial partner to carriers and similar organizations. By providing them with necessary financial resources, the Trust empowers these entities to maintain and expand their welfare programs, ultimately benefiting a vast number of participants. The Trust's commitment to supporting these organizations is integral to the well-being of those who depend on their services.
Impact
This information is meant to be a general summary of Eversource Retirees Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of Eversource Retirees Benefit Trust lies in its distribution of payments to carriers and similar organizations for the provision of benefits to organizations and individuals. By funding welfare benefits for participants, this trust plays a vital role in supporting the well-being and security of retirees and beneficiaries. This assistance helps ensure that individuals have access to necessary resources and support during their retirement years, helping to enhance their quality of life.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$519,413
EMPLOYER CONTRIBUTIONS
Revenue
$1,628
Organization Details
Founding Year
1993
Phone
(412) 234-2242
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
If you are a representative of Eversource Retirees Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.