Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust

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

EIN: 133717976 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust?

Consolidated Edison of New York Inc's Master Veba Retiree Health Trust is a charitable entity based in New York City. This trust is dedicated to providing medical benefits for its plan participants and their eligible dependents. The trust, with its US address at 4 Irving Place 2nd Floor, New York, NY 10003, aims to alleviate medical expenses for those covered under its purview. The trust's mission is clear and concise: it exists to pay for medical costs incurred by its members and their qualified dependents.


Is Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust legitimate?

Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Consolidated Edison Of Ny Inc Master Veba Retiree Health 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: $21,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust?
Who is the CEO of Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust?
What is the revenue of Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust?
Who are the executives of Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust and what are their salaries?
Where can I find the form 990 for Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust?

Mission Statement of Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust

Consolidated Edison of Ny Inc Master Veba Retiree Health Trust is a mission-driven organization dedicated to providing medical benefits for its plan participants and their eligible dependents. In simple terms, it ensures that healthcare expenses are covered for those who have retired from the company.

The Trust's primary focus is on delivering essential health benefits to those who have worked tirelessly for Consolidated Edison of New York Inc. By doing so, it aims to provide peace of mind and financial security to retirees, allowing them to focus on their wellbeing during their post-career years. The Trust's commitment to its members extends to their dependents, ensuring that they too have access to necessary healthcare services.

In essence, Consolidated Edison of Ny Inc Master Veba Retiree Health Trust serves as a vital safety net, providing critical medical benefits to its members. It is an investment in the health and well-being of those who have dedicated their careers to the company. By doing so, it reinforces the importance of health and the role it plays in the overall quality of life for retirees and their families.

Impact

This information is meant to be a general summary of Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Consolidated Edison Of Ny Inc Master Veba Retiree Health Trust's impact is primarily focused on providing benefits for medical expenses incurred by plan participants and their eligible dependents. Their mission is to support the health and well-being of retirees by ensuring that necessary medical costs are covered. This helps retirees maintain their health and quality of life without bearing the financial burden of healthcare expenses.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $76,438
  • Program Service Revenue: $63,485,685
  • Gross Receipts: $63,562,123

    • Assets and Liabilities:
  • Total Assets: $22,568,845
  • Total Liabilities: $85,684
  • Net Assets: $22,483,161
  • Programs

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

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $20,896,405

    EMPLOYER CONTRIBUTIONS

    Revenue

    $1,517,499

    CONTRIBUTIONS FROM RELATED 401(H)

    Revenue

    $28,200,000

    OTHER CONTRIBUTIONS

    Revenue

    $12,871,781

    Organization Details

    Founding Year

    1993

    Principal Officer

    The Bank Of New York Mellon

    Main Address

    4 Irving Place 2ND FLOOR, New York, NY, 10003

    NTEE Category

    Code: Y40 - Mutual benefit

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