Federal Express Corporation Welfare Benefit Trust For Retired Pilots

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

EIN: 208247963 ✦ Collierville, TN ✦ Designated as a 501(c)(9)

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Overview

What is Federal Express Corporation Welfare Benefit Trust For Retired Pilots?

The Federal Express Corporation Welfare Benefit Trust for Retired Pilots is a nonprofit organization located in Collierville, Tennessee. Its primary focus is to provide a health reimbursement program for eligible medical expenses for retired pilots. This trust operates with the intention of fulfilling its primary exempt purpose, as outlined in the information provided. The trust's activities are centered around reimbursing the eligible medical expenses of its retired pilot beneficiaries.

Is Federal Express Corporation Welfare Benefit Trust For Retired Pilots legitimate?

Federal Express Corporation Welfare Benefit Trust For Retired Pilots is a legitimate nonprofit organization registered as a 501(c)(9) entity. Federal Express Corporation Welfare Benefit Trust For Retired Pilots 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: $20,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Federal Express Corporation Welfare Benefit Trust For Retired Pilots?

The Federal Express Corporation Welfare Benefit Trust for Retired Pilots serves a mission to provide a Health Reimbursement Program, catering to the eligible medical expenses of retired pilots. This trust is established to cover expenses related to its primary exempt purpose. The trust aims to support the retired pilots in managing their healthcare costs, ensuring they can maintain their wellbeing post-retirement. The Health Reimbursement Program serves as a financial safety net, helping the retired pilots manage their medical expenses effectively.

Who is the CEO of Federal Express Corporation Welfare Benefit Trust For Retired Pilots?

Diane Hicks is the Institutional Trustee of Federal Express Corporation Welfare Benefit Trust For Retired Pilots.

What is the revenue of Federal Express Corporation Welfare Benefit Trust For Retired Pilots?

Federal Express Corporation Welfare Benefit Trust For Retired Pilots's revenue in 2022 was $84,902.

Who are the executives of Federal Express Corporation Welfare Benefit Trust For Retired Pilots and what are their salaries?


There is 1 key member and their salary:


Matrix Trust (Institutional Trustee)
  • Compensation: $20,692
  • Related: $9,958
  • Other: $0
Where can I find the form 990 for Federal Express Corporation Welfare Benefit Trust For Retired Pilots?

Federal Express Corporation Welfare Benefit Trust For Retired Pilots's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Federal Express Corporation Welfare Benefit Trust For Retired Pilots

The Federal Express Corporation Welfare Benefit Trust For Retired Pilots is a dedicated entity that offers a health reimbursement program to eligible retired pilots. This trust's primary mission is to provide financial assistance for their medical expenses. The trust's activities are focused on accomplishing its primary exempt purpose, which involves covering expenses related to the retirees' healthcare needs. This welfare benefit trust serves as a crucial support system for retired pilots, ensuring they can manage their healthcare costs effectively.

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Impact




October, 2024

The Federal Express Corporation Welfare Benefit Trust for Retired Pilots significantly impacts the lives of retired pilots by offering a health reimbursement program tailored to their eligible medical expenses. This initiative helps alleviate the financial burden associated with healthcare costs, ensuring that retired pilots have access to necessary medical services without the stress of overwhelming expenses.

By providing a structured support system, the Trust enhances the overall well-being of its beneficiaries, enabling them to maintain better health as they age. This program not only facilitates access to essential healthcare but also fosters a sense of security and community among retired pilots, affirming their contributions to the aviation industry. The Trust's mission underscores a commitment to mutual benefit, focusing on the long-term welfare of its members in Collierville, TN, and beyond.




This information is meant to be a general summary of Federal Express Corporation Welfare Benefit Trust For Retired Pilots. 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
$84,902 (2022)
Expenses
$1,280,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $84,902
  • Gross Receipts: $84,902

Assets and Liabilities:

  • Total Assets: $9,531,483
  • Total Liabilities: $0
  • Net Assets: $9,531,483

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Organization Details

Founding Year

1978

Principal Officer

Diane Hicks

Main Address

70 FedEx Parkway Suite 2nd Flr, COLLIERVILLE, TN, 38017

NTEE Category

Code: Y43 - Mutual benefit

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