General Electric Insurance Plan Trust

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

EIN: 510169382 ✦ Norwalk, CT ✦ Designated as a 501(c)(9)

Overview

What is General Electric Insurance Plan Trust?

The General Electric Insurance Plan Trust is a charitable trust located in Norwalk, Connecticut, with the address 901 Main Avenue, 06851. It functions as a nonprofit organization, providing vital benefits to eligible individuals as outlined in its plans. The trust covers various expenses for its members, including medical and dental costs, flexible spending accounts for healthcare and dependent care, short-term disability, and life and accidental death insurance. In essence, the trust serves to alleviate financial burdens for its members in their time of need.


Is General Electric Insurance Plan Trust legitimate?

General Electric Insurance Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. General Electric Insurance Plan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of General Electric Insurance Plan Trust?
Who is the CEO of General Electric Insurance Plan Trust?
What is the revenue of General Electric Insurance Plan Trust?
Who are the executives of General Electric Insurance Plan Trust and what are their salaries?
Where can I find the form 990 for General Electric Insurance Plan Trust?

Mission Statement of General Electric Insurance Plan Trust

The General Electric Insurance Plan Trust, a prominent organization, is dedicated to extending financial assistance to eligible members in covering their medical and dental expenses. The Trust's primary objective is to provide benefits as outlined in the plan's terms, enabling members to pay for a range of healthcare-related costs.

In greater detail, the Trust offers coverage for medical expenses and dental care, ensuring that members have access to necessary healthcare services. Furthermore, it provides Flexible Spending Accounts, which allow members to set aside funds for otherwise unreimbursed medical and dependent care costs. The Trust goes beyond healthcare, offering Short-Term Disability Benefits for non-occupational illness or injury, providing members with an added layer of financial protection. Lastly, the Trust offers Life and Accidental Death and Dismemberment Insurance Benefits, ensuring that members and their families receive financial support in the face of unexpected tragedies.

By providing these benefits, the General Electric Insurance Plan Trust plays a significant role in alleviating the financial burden of healthcare costs for its members, enabling them to focus on their well-being and recovery.

Impact

This information is meant to be a general summary of General Electric Insurance Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The General Electric Insurance Plan Trust's impact is centered around providing benefits to eligible members to pay for medical and dental expenses, flexible spending accounts, short-term disability, and life accidental death and dismemberment insurance benefits. This trust, located in Norwalk, CT, plays a crucial role in funding the payment of these benefits to those who are part of the plan. By offering essential financial assistance for various healthcare needs and insurance coverage, the General Electric Insurance Plan Trust directly contributes to the well-being and security of its members.





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: $2,346,956
  • Program Service Revenue: $1,168,407,692
  • Gross Receipts: $1,185,741,310

    • Assets and Liabilities:
  • Total Assets: $23,012,761
  • Total Liabilities: $20,743
  • Net Assets: $22,992,018
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $843,707,000

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $324,700,692

    Organization Details

    Founding Year

    1987

    Principal Officer

    Richard Middlebrook

    Main Address

    901 MAIN AVENUE, NORWALK, CT, 06851

    NTEE Category

    Code: Y30 - Mutual benefit

    If you are a representative of General Electric Insurance Plan 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.