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Nonprofit · EIN 47-7115400

GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT

Tax-exempt (reinstated) · COLCHESTER, VT 05446

Financials

$650K$11.6M2023−$171K$9.9M2024
Revenue Expenses · by fiscal year end
Financials of GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-$171,444$9,910,135-$10,081,579$23,223,551$0$23,223,551
December 31, 2023990$649,579$11,603,278-$10,953,699$31,584,825$0$31,584,825
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
-$171,444
Net gain from sales of assets
-$794,197
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$365,351
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,500
Program services (functional)
$9,910,135

Balance sheet and other

Total assets, start of year
$31,584,825
Total assets, end of year
$23,223,551
Total liabilities, end of year
$0
Net assets, end of year
$23,223,551
Publicly traded securities
$22,581,883
Gross receipts
$8,944,283
Employees
0
Volunteers
0
Year formed
2015
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH MCKEARINCOMMITTEE MEMBER
Trustee or director
4$0
CHRISTOPHER COLECOMMITTEE CHAIR
Trustee or director, Officer
4$0
CANDACE MORGANCOMMITTEE MEMBER
Trustee or director
4$0
TOD BENJAMINCOMMITTEE MEMBER
Trustee or director
4$0
MARI MCCLURECOMMITTEE MEMBER
Trustee or director
4$0
JEREMY LACASSECOMMITTEE MEMBER
Trustee or director
4$0
MATHIEU LEPAGECFO AND MEMBER
Officer
4$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JOSEPH MCKEARINCOMMITTEE MEMBER
Trustee or director
4$0
CHRISTOPHER COLECOMMITTEE CHAIR
Trustee or director, Officer
4$0
CANDACE MORGANCOMMITTEE MEMBER
Trustee or director
4$0
TOD BENJAMINCOMMITTEE MEMBER
Trustee or director
4$0
MARI MCCLURECOMMITTEE MEMBER
Trustee or director
4$0
JEREMY LACASSECOMMITTEE MEMBER
Trustee or director
4$0
MATHIEU LEPAGECFO AND MEMBER
Officer
4$0

Address and contacts

Address (IRS master file)
163 ACORN LN, COLCHESTER, VT 05446-5815
In care of
% GREEN MOUNTAIN POWER CORPORATION
Principal officer (990 for 2024)
MATHIEU LEPAGE, 163 ACORN LANE, COLCHESTER, VT 05446
Signed the 990
MATHIEU LEPAGE, CHIEF FINANCIAL OFFICER
Phone
(802) 779-3787
Return prepared by
Willis Towers Watson US LLC

Mission

TO PROVIDE CERTAIN POSTRETIREMENT HEALTH AND DEATH BENEFITS TO ELIGIBLE RETIRED EMPLOYEES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE GREEN MOUNTAIN POWER CORPORATION HEALTH AND WELFARE PLAN PROVIDES CERTAIN POSTRETIREMENT HEALTH AND DEATH BENEFITS TO ELIGIBLE RETIRED EMPLOYEES OF GREEN MOUNTAIN POWER.
    Expenses $9,910,135

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-7115400
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,223,551
Income (IRS master file)
$8,944,283

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
November 18, 2015
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024-$171,444$9,910,135$23,223,551XML
990December 2023$649,579$11,603,278$31,584,825XML
990December 2022$1,972,462$1,401,084$39,274,359IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-7115400).

Questions about GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT

What is the EIN of GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT?
The employer identification number (EIN) of GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT is 47-7115400.
Is GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT?
The 990 for the year ended December 31, 2024 names MATHIEU LEPAGE.
Who are the officers and directors of GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does GREEN MOUNTAIN POWER RETIREE MEDICAL BENEFIT TR BARGAINING UNIT have?
On its 990 for the year ended December 31, 2024 it reported revenue of -$171,444, expenses of $9,910,135 and total assets of $23,223,551 at year end.

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