B C And T Local 334 Retiree Health Plan Insurance Trust Nissen Div

Organization Overview

B C And T Local 334 Retiree Health Plan Insurance Trust Nissen Div is located in Portland, ME. The organization was established in 2002. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. B C And T Local 334 Retiree Health Plan Insurance Trust Nissen Div is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 05/2022, B C And T Local 334 Retiree Health Plan Insurance Trust Nissen Div generated $84.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $107.4k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (28.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MEDICAL BENEFITS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MEDICAL BENEFITS FOR ELIGIBLE EMPLOYEES RETIRING UNDER THE BAKERY & CONFECTIONERY UNION & INDUSTRY INTERNATIONAL PENSION FUND, OR ANY COLLECTIVE BARGAINING AGREEMENTS PROVIDING SUCH COVERAGE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
John Jordan
Trustee
$3,500
Jim Anderschat
Trustee
$2,500

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$9,225
Investment income $13,859
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $61,755
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $84,839

Create an account to unlock the data you need.

or