Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board

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

EIN: 383496864 ✦ Lansing, MI ✦ Designated as a 501(c)(9)

Overview

What is Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board?

The Post-Retirement Benefit Plan and Trust for Eligible Employees of Lansing Board is a nonprofit organization based in Lansing, Michigan. Their primary mission is to provide post-retirement health and life insurance benefits for retirees of the Lansing Board of Water and Light, in accordance with IRC Section 501(c)(9). During the tax period ending June 30, 2023, the organization received an employer contribution of $68,076 to support this cause. This contribution enables the organization to continue providing essential benefits to retired employees of the Lansing Board of Water and Light, ensuring their well-being after their working years.


Is Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board legitimate?

Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board is a legitimate nonprofit organization registered as a 501(c)(9) entity. Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board?
Who is the CEO of Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board?
What is the revenue of Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board?
Who are the executives of Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board and what are their salaries?
Where can I find the form 990 for Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board?

Mission Statement of Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board

The Post-Retirement Benefit Plan and Trust for Eligible Employees of Lansing Board is a mission-driven organization dedicated to providing essential health and life insurance benefits to retirees of the Lansing Board of Water and Light. In simple terms, this nonprofit ensures the well-being of retired individuals from the Lansing Board by granting them access to vital post-retirement benefits, as permitted under Internal Revenue Code Section 501(c)(9).

This nonprofit organization's primary goal is to secure the financial and health security of the retirees from the Lansing Board. By receiving contributions from the employer for this purpose, the trust can provide these retirees with much-needed peace of mind, knowing they have access to essential healthcare and life insurance benefits. The benefits offered by the Post-Retirement Benefit Plan and Trust for Eligible Employees of Lansing Board are instrumental in ensuring that retirees can enjoy their golden years with confidence and dignity.

For the fiscal year ending June 30, 2023, the organization received an employer contribution of $68,076. This significant contribution enabled the plan to continue providing essential health and life insurance benefits to the retirees of the Lansing Board of Water and Light. The trust's unwavering commitment to its mission plays a crucial role in the retirees' lives, allowing them to focus on their well-being and happiness in their post-career years.

Impact

This information is meant to be a general summary of Post-Retirement Benefit Plan And Trust For Eligible Employees Of Lansing Board. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Post-Retirement Benefit Plan and Trust for eligible employees of Lansing Board aims to provide post-retirement health and life insurance benefits to retirees of Lansing Board of Water and Light. This initiative is significant as it ensures that retired employees have access to essential health and life insurance coverage, thereby promoting their well-being and financial security during their retirement years. By receiving an employer contribution of $68,076 for this purpose, the organization demonstrates its commitment to supporting its retirees in maintaining a good quality of life post-employment. Through this program, the organization fulfills its mission of providing valuable benefits to its former employees, reflecting a culture of mutual benefit and care within the Lansing community.





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 2023.

  • Investment Income: $32,093,111
  • Program Service Revenue: $68,076
  • Gross Receipts: $86,576,473

    • Assets and Liabilities:
  • Total Assets: $240,835,638
  • Total Liabilities: $2,365,067
  • Net Assets: $238,470,571
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $68,076

    Organization Details

    Founding Year

    1999

    Principal Officer

    Heather Shawa Rpc Chair

    Main Address

    PO BOX 13007, LANSING, MI, 489013007

    NTEE Category

    Code: Y44 - Mutual benefit

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