Fiscal year ending 2017. Filed on August 8, 2018.
1411 Third Street Suite Suite A
Ste A
Port Huron, Michigan 48060
Semco Energy Inc. Union VEBA Trust (EIN: 38-6705802) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Semco Energy Inc. Union VEBA Trust, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 13 employees. Among the employees shown here, the average compensation is $410,737. The highest compensated employee at Semco Energy Inc. Union VEBA Trust is John D O'Brien with fiscal year 2017 compensation of $788,730.
Revenue
Expenses
Employee compensation
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 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 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.
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