NonprofitsAmerican Electric Power System Retiree Medical Trust

Mutual & Membership Benefit

American Electric Power System Retiree Medical Trust

PITTSBURGH, PA

Total revenue

$90.5M

Total expenses

$90.8M

Net assets

$898.5M

Grants received

EIN

752472686

Tax year

2024

Mission

The trust continues to hold, invest, and reinvest its assets to accumulate amounts that will be used to provide benefits for current and future participants (and their dependents).

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$34.8M
Investment income$10.6M
Other revenue$45.1M
Total revenue$90.5M

Expenses

Grants paid
Salaries & benefits$168K
Fundraising
Other expenses$25.6M
Total expenses$90.8M
Total assets$898.5M
Net assets$898.5M

People

1 listed

NameRoleCompensation

THE BANK OF NEW YORK MELLON

TRUSTEE (SEE SCH O)

Board

$168K

0

Independent contractors

OPTUMRX

ADMINISTRATION

$2.1M

BUSINESSSOLVER

ADMINISTRATION

$650K

NISA

INVESTMENT MGMT.

$494K

ANTHEM

ADMINISTRATION

$331K

AMERIBEN

ADMINISTRATION

$314K

Details

EIN752472686
NTEE codeY43
Subsection09
Ruling date1994-07
Formed1993
Employees0
Volunteers0
AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST — Mission, Financials & Grants Received | Grantivo