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Nonprofit · EIN 58-6307573

GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR

Tax-exempt · ATLANTA, GA 30308

Financials

$2.9M$4.4M2023$3.7M$4.3M2024$4.3M$5.5M2025
Revenue Expenses · by fiscal year end
Financials of GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,251,510$5,457,077-$1,205,567$121,012,466$15,477$120,996,989
December 31, 2024990$3,734,364$4,348,255-$613,891$110,569,970$5,768$110,564,202
December 31, 2023990$2,906,104$4,426,884-$1,520,780$105,825,370$27,326$105,798,044
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$4,251,510
Net gain from sales of assets
$3,329,304
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$5,031,207
Compensation of officers, directors and key employees
$85,486
Salaries, compensation and benefits (total)
$85,486
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$110,569,970
Total assets, end of year
$121,012,466
Total liabilities, end of year
$15,477
Net assets, end of year
$120,996,989
Publicly traded securities
$120,293,593
Gross receipts
$29,339,164
Employees
0
Volunteers
0
Year formed
1994
State of legal domicile
GA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BANK OF NEW YORK MELLONTURSTEE
Institutional trustee
5$85,486
TYLER M COOKDULY AUTHORIZED OFFICER
Officer
0.5$0
990 for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
BANK OF NEW YORK MELLONTURSTEE
Institutional trustee
5$112,085
AARON ABRAMOVITZDULY AUTHORIZED OFFICER
Officer
0.5$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
BANK OF NEW YORK MELLONTURSTEE
Institutional trustee
5$55,592
AARON ABRAMOVITZDULY AUTHORIZED OFFICER
Officer
0.5$0

Address and contacts

Address (IRS master file)
241 RALPH MCGILL BLVD NE BIN 1013, ATLANTA, GA 30308-3374
In care of
% SCS INC
Principal officer (990 for 2025)
BANK OF NEW YORK MELLON, 1 MELLON CENTER, PITTSBURGH, PA 15258
Signed the 990
BANK OF NEW YORK MELLON, VP TAX
Phone
(412) 234-7977
Return prepared by
WARREN AVERETT LLC

Mission

FUNDING POST RETIREMENT LIFE INSURANCE BENEFITS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE GEORGIA POWER COMPANY POST RETIREMENT LIFE INSURANCE BENEFITS TRUST IS A TRUST FORMED FOR THE PURPOSE OF RECEIVING, HOLDING, AND INVESTING FUNDS TRANSFERRED BY GEORGIA POWER COMPANY FOR THE PURPOSE OF PAYING POST RETIREMENT LIFE INSURANCE BENEFITS TO RETIRED GEORGIA POWER COMPANY EMPLOYEES. THE GEORGIA PUBLIC SERVICE COMMISSION REQUIRES GEORGIA POWER COMPANY TO PLACE THE AMOUNT OF THESE RETIREMENT BENEFITS INCLUDED IN ITS ELECTRIC RATES IN AN EXTERNAL TRUST. THE TRUST WAS FORMED SOLELY FOR THAT PURPOSE.0

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-6307573
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$121,012,466
Income (IRS master file)
$29,339,164

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,251,510$5,457,077$121,012,466XML
990December 2024$3,734,364$4,348,255$110,569,970XML
990December 2023$2,906,104$4,426,884$105,825,370XML
990December 2022$1,361,245$4,554,630$95,654,924IRS
990December 2021–––IRS
990December 2020–––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 58-6307573).

Questions about GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR

What is the EIN of GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR?
The employer identification number (EIN) of GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR is 58-6307573.
Is GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1996.
Are donations to GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR 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 GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR?
The 990 for the year ended December 31, 2025 names BANK OF NEW YORK MELLON.
Who are the officers and directors of GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR?
The 990 for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $85,486 (BANK OF NEW YORK MELLON, TURSTEE).
How much revenue does GEORGIA POWER CO POST-RETIREMENT LIFE INSURANCE BENEFIT TR have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,251,510, expenses of $5,457,077 and total assets of $121,012,466 at year end.

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