Trust For Aquarion Co Welfare Benefits

Organization Overview

Trust For Aquarion Co Welfare Benefits is located in Bridgeport, CT. The organization was established in 1997. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. Trust For Aquarion Co Welfare Benefits is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2022, Trust For Aquarion Co Welfare Benefits generated $10.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $9.0m during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 4 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

A DEFINED BENEFIT PLAN THAT PROVIDES HEALTH AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS ALONG WITH CERTAIN RETIREE MEDICAL BENEFITS FOR RETIRED EMPLOYEES OF AQUARION WATER COMPANY OF CONNECTICUT MASSACHUSETTS AND NEW HAMPSHIRE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N A


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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$10,066,573
Investment income $392,599
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,459,172

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