Alabama Gas Corporation Retired Hourly Employee Benefit Plans Tr

Organization Overview

Alabama Gas Corporation Retired Hourly Employee Benefit Plans Tr is located in St Louis, MO. The organization was established in 1994. 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 the central organization for a national or regional group of organizations. Alabama Gas Corporation Retired Hourly Employee Benefit Plans Tr 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, Alabama Gas Corporation Retired Hourly Employee Benefit Plans Tr generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. 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

VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION PROVIDING DEATH, SICKNESS, HOSPITALIZATION, AND DISABILITY BENEFITS TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BENEFITS PAID TO OR FOR MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Adam Woodward
Treasurer
$0
Name Not Listed
Trustee-Part Time
$0

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$517,450
Investment income $1,991,198
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,466,054
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,974,702

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