NonprofitsAmerican Electric Power System Employees Benefit Tr

American Electric Power System Employees Benefit Tr

PITTSBURGH, PA

Total revenue

$336.6M

Total expenses

$361.5M

Net assets

$14.0M

Grants received

EIN

516024654

Tax year

2024

Mission

To provide funding for obligations for medical, dental, life and long-term disability benefits for current employees (and their dependents) of american electric power company, inc. And its affiliates.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$335.0M
Investment income$1.7M
Other revenue
Total revenue$336.6M

Expenses

Grants paid
Salaries & benefits$32K
Fundraising
Other expenses$15.4M
Total expenses$361.5M
Total assets$14.0M
Net assets$14.0M

People

1 listed

NameRoleCompensation

THE BANK OF NEW YORK MELLON

TRUSTEE (SEE SCHEDULE O)

Board

$32K

0

Independent contractors

QUANTUM HEALTH

$4.3M

ANTHEM

$4.1M

Ameriben

$3.2M

BUSINESSSOLVER

$829K

HEALTHWAYS

$617K

Details

EIN516024654
Subsection09
Ruling date1969-06
Formed1969
Employees0
AMERICAN ELECTRIC POWER SYSTEM EMPLOYEES BENEFIT TR — Mission, Financials & Grants Received | Grantivo