Overview
What is Lufthansa German Airlines Employee Health & Disability Ben Plan Trust?
Lufthansa German Airlines Employee Health & Disability Ben Plan Trust is a nonprofit organization dedicated to providing health and disability benefits coverage to eligible employees, retirees, and their dependents of Lufthansa German Airlines. Based in Uniondale, New York, the trust currently benefits approximately 2,298 program participants in 2022. The organization's mission is to offer essential health and disability coverage through employer-sponsored welfare plans.
What are the reviews and ratings of this charity?
The Lufthansa German Airlines Employee Health & Disability Ben Plan Trust is not currently rated by Charity Navigator. This absence of rating should not be construed as positive or negative, but rather indicates that the organization has not undergone a comprehensive evaluation by the agency. This is primarily because Charity Navigator bases its evaluations on criteria applicable to registered 501(c)(3) nonprofits.
Charity Navigator's methodology includes evaluating factors such as accountability, finance, impact, and adaptability. However, since the Lufthansa plan is not a 501(c)(3) organization, it falls outside the scope of these evaluations. Consequently, data on revenue, expenses, or leadership remuneration is unavailable, and past attempts at rating reflect only aspects of accountability and finance relevant to similar structures.
This means that, as of now, consumers and potential supporters are without a quantitative assessment from Charity Navigator. No user reviews or further qualitative feedback from GreatNonprofits are present, which limits additional insights into public perception or specific experiences with the organization's services.
This AI summary has been generated from information found on Charity Navigator.
Is Lufthansa German Airlines Employee Health & Disability Ben Plan Trust legitimate?
Lufthansa German Airlines Employee Health & Disability Ben Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lufthansa German Airlines Employee Health & Disability Ben Plan Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust?
The Lufthansa German Airlines Employee Health & Disability Ben Plan Trust is committed to providing health and disability benefits coverage to eligible employees, retirees, and their dependents. This organization ensures the well-being of its beneficiaries by offering comprehensive welfare plans. In 2022, it supports approximately 2,298 program participants in accessing essential healthcare and disability benefits. By focusing on the health and well-being of its members, the Trust aims to provide peace of mind and financial security during challenging times.
Who is the CEO of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust?
Dominick Costantino is the Trustee of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust.
What is the revenue of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust?
Lufthansa German Airlines Employee Health & Disability Ben Plan Trust's revenue in 2022 was $13,223,637.
Who are the executives of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Lufthansa German Airlines Employee Health & Disability Ben Plan Trust?
Lufthansa German Airlines Employee Health & Disability Ben Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust
Lufthansa German Airlines Employee Health & Disability Ben Plan Trust, often referred to as the Lufthansa Health Trust, is a dedicated organization that extends its mission to provide vital health and disability benefits coverage to eligible employees, retirees, and their dependents. This commitment to employee welfare is a significant aspect of Lufthansa German Airlines' human resources strategy.
The Lufthansa Health Trust's central goal is to ensure the well-being of its beneficiaries by offering comprehensive health and disability benefits through employer-sponsored welfare plans. The trust currently supports approximately 2,298 program participants in accessing these essential benefits. The coverage offered by the Lufthansa Health Trust enables employees and retirees to maintain their health and financial security, ensuring peace of mind during times of need.
Lufthansa German Airlines' Employee Health & Disability Ben Plan Trust plays an essential role in minimizing the challenges that come with health issues and disabilities for its beneficiaries. By assuming the responsibility of providing these benefits, the trust alleviates the financial burden and stress associated with healthcare costs and disability coverage. As a result, Lufthansa employees and retirees can focus on their well-being and recovery, knowing that their health and financial future is secure.
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Impact
October, 2024
Lufthansa German Airlines Employee Health & Disability Ben Plan Trust plays a crucial role in enhancing the well-being of eligible employees, retirees, and their dependents by providing comprehensive health and disability benefits coverage. In 2022, the trust supported approximately 2,298 program participants, ensuring they have access to essential healthcare services and financial protection during times of disability. This support not only contributes to the physical and mental health of individuals covered under the plan but also fosters a sense of security and stability among employees and their families, which can enhance overall job satisfaction and productivity. By prioritizing employee health and well-being, the trust reinforces the commitment of Lufthansa to its workforce, ultimately benefiting the organization as a whole.
This information is meant to be a general summary of Lufthansa German Airlines Employee Health & Disability Ben Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $13,223,637
- Gross Receipts: $13,223,637
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $220,796
- Net Assets: -$220,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$9,808,024
EMPLOYEE CONTRIBUTIONS
Revenue
$3,415,613
Organization Details
Founding Year
1982
Phone
(516) 296-9482Principal Officer
Dominick Costantino
Main Address
1400 RXR PLAZA WEST 13TH, UNIONDALE, NY, 11556
NTEE Category
Code: Y40 - Mutual benefit
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