Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees

Organization Overview

Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees is located in Pittsburgh, PA. The organization was established in 2003. 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. Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees generated $12.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $6.6m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH, DISABILITY, DENTAL, VISION, AND LIFE BENEFITS TO EMPLOYEES AND RETIREES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BENEFITS PAID TO CURRENT EMPLOYEES, RETIREES, AND BENEFICIARIES OF THE MEC BARGAINING UNIT.


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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$9,906,334
Investment income $2,050,521
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,405
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,959,732

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