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SEMCO ENERGY INC NON-UNION VEBA TRUST

EIN: 38-6705804Port Huron, MIZIP: 48060
Y43 - Mutual & Membership Benefit501(c)(9)

Mission

THIS IRREVOCABLE TRUST IS ESTABLISHED FOR THE PURPOSE OF HOLDING ASSETS IN TRUST IN ACCORDANCE WITH SECTION 403 OF ERISA PENDING THE PAYMENT OF SEMCO MICHIGAN NON-UNION RETIREE MEDICAL BENEFITS. NO PORTION OF THE TRUST FUND MAY BE USED OTHER THAN IN THE SOLE AND EXCLUSIVE INTEREST OF PARTICIPANTS WHOSE ELIGIBILITY TO PARTICIPATE RESULTS FROM EMPLOYMENT AS A SEMCO MICHIGAN NON-UNION EMPLOYEE. THE IMMEDIATELY PRECEDING SENTENCE SHALL NOT BE CONSTRUED TO LIMIT THE TRUSTEES ABILITY TO PAY TAXES AND ADMINISTRATIVE EXPENSES FROM THE TRUST FUND.

Financials

YearRevenueExpensesAssets
2024$7k$0$127k
2023$7k$0$117k

Compensation

2024

TRACY L VINCENT
$0
$0
$0
$13,800
DANIEL J FORSYTH
$0
$0
$0
$13,800
COMERICA BANK
$0
$0
$0
$3,236

2023

ANN L FORSTER
$0
$0
$0
$13,200
COMERICA BANK
$0
$0
$0
$2,436

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Data from IRS Form 990 filings (2023-2024).