Public Service Company Of Nm Benefit Trust

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

EIN: 510174782 ✦ Albuquerque, NM ✦ Designated as a 501(c)(9)

Overview

What is Public Service Company Of Nm Benefit Trust?

The Public Service Company of NM Benefit Trust is a charitable trust located in Albuquerque, New Mexico, dedicated to offering health and dental benefits to specified employees, their dependents, and family members. This organization processes and covers medical and dental claims, adjustments, refunds, and subrogations, ensuring comprehensive coverage for its beneficiaries.


Is Public Service Company Of Nm Benefit Trust legitimate?

Public Service Company Of Nm Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Public Service Company Of Nm 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Public Service Company Of Nm Benefit Trust?
Who is the CEO of Public Service Company Of Nm Benefit Trust?
What is the revenue of Public Service Company Of Nm Benefit Trust?
Who are the executives of Public Service Company Of Nm Benefit Trust and what are their salaries?
Where can I find the form 990 for Public Service Company Of Nm Benefit Trust?

Mission Statement of Public Service Company Of Nm Benefit Trust

The Public Service Company of NM Benefit Trust is a dedicated organization that extends health and dental benefits to eligible employees, their dependents, and family members. In simple terms, it serves as a vital safety net, ensuring that individuals under its purview have access to essential medical and dental care services.

Established with a clear mission, the Public Service Company of NM Benefit Trust works diligently to process and cover medical and dental claims, adjustments, refunds, and subrogations. This commitment to providing comprehensive benefits is a testament to its unwavering dedication to the wellbeing of those it serves.

By offering health and dental benefits, the Public Service Company of NM Benefit Trust plays a crucial role in promoting better overall health. This, in turn, can lead to increased productivity, improved focus, and better quality of life for the beneficiaries. Additionally, the organization's services help alleviate the financial burden of healthcare expenses for its members, providing them with peace of mind and the ability to focus on their wellbeing rather than financial concerns.

In essence, the Public Service Company of NM Benefit Trust acts as a trusted partner, making healthcare more accessible and affordable for the employees and their families it serves. This commitment to wellness, financial support, and accessibility is a cornerstone of its mission and a vital contributor to the overall health and happiness of its community.

Impact

This information is meant to be a general summary of Public Service Company Of Nm 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 Public Service Company of NM Benefit Trust positively impacts the well-being of its employees by providing essential health and dental benefits. Through its mission of offering these benefits to eligible employees, their dependents, and family members, the Trust helps ensure access to necessary medical and dental care. By covering medical and dental claims, the organization contributes to the overall health and quality of life of its beneficiaries. This, in turn, can lead to increased job satisfaction, productivity, and overall employee satisfaction within the company.





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: $0
  • Program Service Revenue: $31,829,085
  • Gross Receipts: $31,829,085

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $22,027,220

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $6,906,415

    MISC. REBATES AND REIMBURSEMENTS

    Revenue

    $2,895,450

    Organization Details

    Founding Year

    1975

    Principal Officer

    Rebecca Teague

    Main Address

    PNM HEADQUARTERS MS 0745, ALBUQUERQUE, NM, 87102

    NTEE Category

    Code: Y20 - Mutual benefit

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