Post-Retirement Life Insurance Trust Of El Paso Electric Company

Organization Overview

Post-Retirement Life Insurance Trust Of El Paso Electric Company is located in El Paso, TX. 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. Post-Retirement Life Insurance Trust Of El Paso Electric Company 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, Post-Retirement Life Insurance Trust Of El Paso Electric Company generated $139.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $207.7k during the year ending 12/2022. 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

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EL PASO ELECTRIC COMPANY POST RETIREMENT LIFE INSURANCE PLAN PROVIDES FOR PAYMENT OF POST RETIREMENT LIFE INSURANCE BENEFITS FOR COLLECTIVELY BARGAINED AND NON-COLLECTIVELY BARGAINED RETIREES AND DISABLED EMPLOYEES AND ACTIVE EMPLOYEES WHO MAY HAVE DIED DURING THE COURSE OF THEIR EMPLOYMENT WITH EL PASO ELECTRIC COMPANY.


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Board, Officers & Key Employees

Name (title)Compensation
Principal Trust Company
N/a
$3,350
Wells Fargo Bank Na
N/a
$1,137

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$37,101
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,794
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $139,271

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