NonprofitsThe American Electric Power System Retiree Medical Benefit Trust For

Private Grantmaking Foundations

The American Electric Power System Retiree Medical Benefit Trust For

PITTSBURGH, PA

Total revenue

$41.1M

Total expenses

$22.5M

Net assets

$515.3M

Grants received

EIN

752517498

Tax year

2024

Mission

To provide funding for obligations for retiree medical and dental benefits offered through the american electric power system comprehensive medical plan.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.8M
Investment income$35.3M
Other revenue
Total revenue$41.1M

Expenses

Grants paid
Salaries & benefits$260K
Fundraising
Other expenses$2.9M
Total expenses$22.5M
Total assets$521.0M
Net assets$515.3M

People

1 listed

NameRoleCompensation

THE BANK OF NEW YORK MELLON

TRUSTEE (SEE SCHEDULE O)

Board

$260K

0

Independent contractors

OPTUMRX

$536K

RIVER AND MERCANTILE ASSET MANAGEMENT

$339K

SANDS CAPITAL MANAGEMENT

$328K

VONTOBEL ASSET MANAGEMENT INC

$282K

POLARIS CAPITAL MANAGEMENT LLC

$270K

Details

EIN752517498
NTEE codeT20
Subsection09
Ruling date2004-09
Formed1993
Employees0
THE AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL BENEFIT TRUST FOR — Mission, Financials & Grants Received | Grantivo