Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe

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

EIN: 336325838 ✦ Murray hill, NJ ✦ Designated as a 501(c)(9)

Overview

What is Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe?

Lucent Tech Inc's Post Retirement Welfare Benefit Trust for Nonrepresented Employees is a nonprofit organization headquartered in Murray Hill, New Jersey, with an address at 600 Mountain Ave, ZIP code 07974. The primary mission of this trust is to provide funding for post-retirement life insurance benefits and health benefits to eligible retirees of Nokia of America Corporation. The organization's activities revolve around fulfilling this commitment to ensure financial security and well-being for these retirees.


Is Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe legitimate?

Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe 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: $11,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe?
Who is the CEO of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe?
What is the revenue of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe?
Who are the executives of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe and what are their salaries?
Where can I find the form 990 for Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe?

Mission Statement of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe

The Lucent Tech Inc Post Retirement Welfare Benefit Trust for Nonrepresented Employees is a charitable organization dedicated to providing post-retirement life insurance benefits and health benefits to eligible retirees of Nokia of America Corporation. In simple terms, this trust serves as a vital safety net for retired employees of Nokia, ensuring they continue to receive essential benefits after their working years.

Through its mission, the Lucent Tech Inc Post Retirement Welfare Benefit Trust for Nonrepresented Employees aims to alleviate the financial burden of healthcare and life insurance costs for eligible retirees of Nokia of America Corporation. By offering these benefits, the trust enables retirees to live their golden years with peace of mind and financial security.

The trust's primary focus is on providing funding for the payment of post-retirement life insurance benefits and health benefits, ensuring that eligible retirees can continue to access these essential services even after they have left their employment with Nokia. This commitment to the well-being of its beneficiaries is a testament to the organizational values of Lucent Tech Inc Post Retirement Welfare Benefit Trust for Nonrepresented Employees.

Impact

This information is meant to be a general summary of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employees impacts eligible retirees of Nokia of America Corporation by providing funding for the payment of post-retirement life insurance benefits and health benefits. This trust specifically focuses on supporting nonrepresented employees who are retiring from Nokia of America Corporation by ensuring that they have access to necessary benefits to support their well-being after retirement. This assistance helps retirees manage their healthcare costs and ensures they have coverage for life insurance, contributing positively to their financial security and quality of life during retirement.





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: $17,625,831
  • Program Service Revenue: $10,996,570
  • Gross Receipts: $327,147,758

    • Assets and Liabilities:
  • Total Assets: $372,967,567
  • Total Liabilities: $41,288
  • Net Assets: $372,926,279
  • Programs

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

    RETIREE CONTRIBUTIONS

    Revenue

    $10,996,570

    Organization Details

    Founding Year

    2002

    Principal Officer

    Bank Of New York Mellon

    Main Address

    CO KAREN ALEXANDER 600 MOUNTAIN AV, MURRAY HILL, NJ, 07974

    NTEE Category

    Code: Y430 - Mutual benefit

    If you are a representative of Lucent Tech Inc Post Retirement Welfare Benefit Trust For Nonrepresented Employe 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.