Mission
TO PROVIDE FUNDING FOR OBLIGATIONS FOR MEDICAL, DENTAL, LIFE AND LONG-TERM DISABILITY BENEFITS FOR CURRENT EMPLOYEES (AND THEIR DEPENDENTS) OF AMERICAN ELECTRIC POWER COMPANY, INC. AND ITS AFFILIATES.
Public Charity
AMERICAN ELECTRIC POWER SYSTEM EMPLOYEES
AMERICAN ELECTRIC POWER SYSTEM EMPLOYEES is a nonprofit organization categorized as Public Charity based in PITTSBURGH, PA. Its most recent IRS filing (2024) reports revenue of $336.6M, expenses of $361.5M, total assets of $14.0M.
EIN: 516024654
PITTSBURGH, PA
Latest filing: 2024
Total Revenue$336.6M
Total Expenses$361.5M
Total Assets$14.0M
Grant Records0
Filing Years2019–2024
Where $100 goes at American Electric Power System Employees
How American Electric Power System Employees divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The trust provides funding for medical, dental, life and long-term disability benefits for current employees (and their dependents) of american electric power company, inc
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TRUSTEE (SEE SCHEDULE O)
The Bank Of New York Mellon
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $336.6M | $361.5M | $14.0M |
| 2023 | $308.9M | $304.0M | $38.9M |
| 2022 | $292.7M | $298.2M | $33.9M |
| 2020 | $280.7M | $280.2M | $20.8M |
| 2019 | $274.1M | $264.6M | $20.2M |
Between 2019 and 2024, reported annual revenue grew from $274.1M to $336.6M (+23%), with total assets most recently reported at $14.0M.
Interactive year-over-year charts and full filing details available with membership.