Nonprofit · EIN 75-2472686
AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST
Tax-exempt · PITTSBURGH, PA 15253
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $90,513,626 | $90,786,064 | -$272,438 | $898,537,046 | $0 | $898,537,046 |
| December 31, 2023 | 990 | $105,285,911 | $110,448,452 | -$5,162,541 | $791,062,314 | $0 | $791,062,314 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $34,805,434
- Investment income
- $10,636,514
- Net gain from sales of assets
- -$3,541,094
- Other revenue
- $45,071,678
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $64,985,921
- Compensation of officers, directors and key employees
- $168,432
- Salaries, compensation and benefits (total)
- $168,432
- Professional fundraising fees
- $0
- Accounting fees
- $141,213
Balance sheet and other
- Total assets, start of year
- $791,062,314
- Total assets, end of year
- $898,537,046
- Total liabilities, end of year
- $0
- Net assets, end of year
- $898,537,046
- Publicly traded securities
- $684,793,790
- Gross unrelated business income
- $10,590,304
- Gross receipts
- $194,944,620
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1993
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE BANK OF NEW YORK MELLON | TRUSTEE (SEE SCH O) Institutional trustee | 0 | $168,432 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE BANK OF NEW YORK MELLON | TRUSTEE (SEE SCH O) Institutional trustee | 0 | $1,141 |
Address and contacts
- Address (IRS master file)
- PO BOX 535007, PITTSBURGH, PA 15253-5007
- In care of
- % THE BANK OF NEW YORK MELLON
- Principal officer (990 for 2024)
- The Bank of New York Mellon, PO BOX 535007, PITTSBURGH, PA 152535007
- Signed the 990
- Shelly Paletta, VP, BNYM, AS TRUSTEE
- Phone
- (412) 234-2242
- Return prepared by
- ERNST & YOUNG US LLP
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).
Program accomplishments
- The Trust provided medical and dental benefits for current and future retired employees (and their dependents) of American Electric Power Company, Inc. and its affiliates who are not covered by collective bargaining agreements.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2472686
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $898,537,046
- Income (IRS master file)
- $194,944,620
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $90,513,626 | $90,786,064 | $898,537,046 | XML |
| 990 | December 2023 | $105,285,911 | $110,448,452 | $791,062,314 | XML |
| 990 | December 2022 | $101,791,446 | $111,926,814 | $691,591,115 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 75-2472686).
Questions about AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST
- What is the EIN of AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST?
- The employer identification number (EIN) of AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST is 75-2472686.
- Is AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1994.
- Are donations to AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST 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 AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST 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 AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST 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 AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST?
- The 990 for the year ended December 31, 2024 names The Bank of New York Mellon.
- Who are the officers and directors of AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $168,432 (THE BANK OF NEW YORK MELLON, TRUSTEE (SEE SCH O)).
- How much revenue does AMERICAN ELECTRIC POWER SYSTEM RETIREE MEDICAL TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $90,513,626, expenses of $90,786,064 and total assets of $898,537,046 at year end.
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