88 Plan Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113805565 ✦ Baltimore, MD ✦ Designated as a 501(c)(9)

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Overview

What is 88 Plan Trust?

The 88 Plan Trust is a nonprofit organization situated in Baltimore, Maryland, specifically at 200 St. Paul Street 2420. Its primary mission is to extend assistance to retired National Football League (NFL) players who have been diagnosed with dementia, Amyotrophic Lateral Sclerosis (ALS), and Parkinson's Disease. In accordance with the terms of the 88 Plan, the organization provides benefits for these individuals. Furthermore, the trust reimburses certain expenses connected to the neurocognitive impairments of eligible players.

Is 88 Plan Trust legitimate?

88 Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. 88 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

For more financial information, click here

What is the mission statement of 88 Plan Trust?

The 88 Plan Trust is committed to providing benefits to former National Football League (NFL) players who have been diagnosed with dementia, amyotrophic lateral sclerosis (ALS), and Parkinson's disease. According to the trust's guidelines, it will also cover certain expenses related to a player's neurocognitive impairment. The trust aims to support and assist eligible players in managing the challenges associated with these debilitating conditions. By providing essential resources and financial assistance, the 88 Plan Trust strives to improve the lives of those who have dedicated their careers to professional football.

Who is the CEO of 88 Plan Trust?

Michael Miller is the Trustee of 88 Plan Trust.

What is the revenue of 88 Plan Trust?

88 Plan Trust's revenue in 2023 was $25,696,093.

Who are the executives of 88 Plan Trust and what are their salaries?


Here are 5 key members and their salaries:


Larry Ferazani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hoby Brenner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Mccullum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Blalock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 88 Plan Trust?

88 Plan Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of 88 Plan Trust

The 88 Plan Trust is a nonprofit organization dedicated to extending assistance to former National Football League (NFL) players who have been diagnosed with dementia, Amyotrophic Lateral Sclerosis (ALS), or Parkinson's Disease. In accordance with the terms of the 88 Plan, this organization provides benefits to eligible players.

Additionally, the 88 Plan Trust covers certain expenses related to the neurocognitive impairments of the former players. By offering this support, the 88 Plan Trust aims to improve the quality of life for these athletes who have devoted their careers to professional football. Through its mission, the organization provides crucial aid and financial assistance to those dealing with the challenges of these debilitating conditions.

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Impact




October, 2024

The 88 Plan Trust significantly impacts the lives of former NFL players suffering from dementia, ALS, and Parkinson's disease. By providing essential benefits tailored to their specific medical needs, the Trust ensures that eligible players receive critical support during challenging health circumstances. Through the reimbursement of costs associated with neurocognitive impairments, it alleviates some financial burdens that these players and their families face. This program not only enhances the quality of life for participants but also demonstrates a commitment to supporting individuals who have devoted their lives to the sport, acknowledging the long-term consequences of their athletic careers. The Trust serves as a vital resource for those dealing with the devastating effects of these serious conditions, fostering a sense of community and mutual benefit among former players.




This information is meant to be a general summary of 88 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.

Revenue
$25,696,093 (2023)
Expenses
$25,230,464 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $96,093
  • Program Service Revenue: $25,600,000
  • Gross Receipts: $25,696,093

Assets and Liabilities:

  • Total Assets: $8,204,222
  • Total Liabilities: $460,060
  • Net Assets: $7,744,162

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$25,600,000

Organization Details

Founding Year

2007

Principal Officer

Michael Miller

Main Address

200 ST PAUL STREET 2420, BALTIMORE, MD, 21202

NTEE Category

Code: Y43 - Mutual benefit

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