The American Electric Power System Retiree Medical Benefit Trust for
Pittsburgh, PA 15253 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $41,059,078 | $22,458,539 | $515,271,590 |
| FY2023 | $13,617,656 | $32,708,055 | $505,377,909 |
| FY2022 | $11,008,965 | $31,064,695 | $462,972,449 |
| FY2021 | $67,488,820 | $27,124,467 | $637,902,091 |
| FY2020 | $49,157,613 | $28,838,160 | $627,129,124 |
| FY2019 | $36,843,160 | $24,967,559 | $535,465,709 |
| FY2018 | $47,834,560 | $28,714,976 | $452,818,363 |
| FY2017 | $50,544,019 | $28,338,508 | $503,539,811 |
| FY2016 | $27,079,477 | $24,901,380 | $444,403,072 |
| FY2015 | $30,857,961 | $26,169,528 | $436,005,017 |
| FY2014 | $50,122,181 | $25,133,293 | $462,037,345 |
| FY2013 | $30,201,693 | $19,389,003 | $436,275,257 |
| FY2012 | $30,131,584 | $13,325,176 | $419,870,918 |
| FY2011 | $27,592,791 | $11,862,799 | $381,071,661 |
Form 990 filings
The returns filed by The American Electric Power System Retiree Medical Benefit Trust for (EIN 75-2517498), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $9,762,288 | 24% |
| Other revenue | $31,296,790 | 76% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $22,458,539 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 76% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is the highest share among 42 Philanthropy, Voluntarism & Grantmaking Foundations organizations in PA.
- Net assets covered about 275.3 months of expenses at the end of the reporting year. That puts it in the 91st percentile among 2818 Philanthropy, Voluntarism & Grantmaking Foundations organizations in PA.
- Total revenue was higher than 99.3% of 2871 Philanthropy, Voluntarism & Grantmaking Foundations organizations in PA.
- Total revenue rose from $27,592,791 in FY2011 to $41,059,078 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2022, FY2023).
- The highest revenue on record here is $67,488,820 in FY2021.
- Net assets grew from $381,071,661 to $515,271,590 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE FUNDING FOR OBLIGATIONS FOR RETIREE MEDICAL AND DENTAL BENEFITS OFFERED THROUGH THE AMERICAN ELECTRIC POWER SYSTEM COMPREHENSIVE MEDICAL PLAN.
IRS status
| Ruling year | 2004 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | T20 — Philanthropy, Voluntarism & Grantmaking Foundations (in PA) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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