Overview
What is United Parcel Service Health And Welfare Plan Trust For Non-Collect?
United Parcel Service Health and Welfare Plan Trust For Non-Collect serves as the trust responsible for managing and financing the health benefits for both current and former employees of United Parcel Service, Inc. and its subsidiaries. The trust, which is currently managed by Malika Terry, holds the assets and oversees payments for the UPS Flexible Benefit Plan, UPS Health Care Plan, and UPS Retired Employee Health Care Plan. These plans collectively provide essential health coverage to a significant number of individuals, including their dependents.
Is United Parcel Service Health And Welfare Plan Trust For Non-Collect legitimate?
United Parcel Service Health And Welfare Plan Trust For Non-Collect is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Parcel Service Health And Welfare Plan Trust For Non-Collect 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 United Parcel Service Health And Welfare Plan Trust For Non-Collect?
The United Parcel Service Health and Welfare Plan Trust For Non-Collect serves as the funding vehicle for the UPS Flexible Benefit Plan, UPS Health Care Plan, and UPS Retired Employees Health Care Plan. These plans offer benefits to both active and former employees of United Parcel Service, Inc. and its subsidiaries, along with their dependents. The trust is in charge of managing the assets and processing payments for these plans.
Who is the CEO of United Parcel Service Health And Welfare Plan Trust For Non-Collect?
Donald Lancaster is the Principal Officer of United Parcel Service Health And Welfare Plan Trust For Non-Collect.
What is the revenue of United Parcel Service Health And Welfare Plan Trust For Non-Collect?
United Parcel Service Health And Welfare Plan Trust For Non-Collect's revenue in 2022 was $1,023,673,940.
Who are the executives of United Parcel Service Health And Welfare Plan Trust For Non-Collect and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $977,590
- Other: $21,261
- Compensation: $0
- Related: $757,998
- Other: $19,027
- Compensation: $0
- Related: $448,737
- Other: $25,816
- Compensation: $0
- Related: $349,412
- Other: $26,718
- Compensation: $0
- Related: $354,577
- Other: $17,761
- Compensation: $0
- Related: $14,946
- Other: $0
Where can I find the form 990 for United Parcel Service Health And Welfare Plan Trust For Non-Collect?
United Parcel Service Health And Welfare Plan Trust For Non-Collect's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Parcel Service Health And Welfare Plan Trust For Non-Collect
United Parcel Service Health and Welfare Plan Trust For Non-Collect serves as the funding vehicle for the UPS Flexible Benefit Plan, UPS Health Care Plan, and UPS Retired Employees Health Care Plan. In this role, the trust manages assets and processes payments for these plans, which extend coverage to both active and former employees of United Parcel Service, Inc. and its subsidiaries, alongside their dependents. The trust is currently overseen by Malika Terry.
The UPS Health and Welfare Plan Trust For Non-Collect plays a significant role in ensuring the wellbeing of United Parcel Service's workforce. It allows eligible employees to access a comprehensive range of benefits designed to support their health and financial needs throughout their employment and beyond. The trust's mission is centered around the provision of essential health care services, enabling United Parcel Service employees to focus on their professional growth and personal lives without the added stress of worrying about their health care coverage.
By managing the assets and payments for these plans, the United Parcel Service Health and Welfare Plan Trust For Non-Collect acts as a critical safety net for the organization's workforce. The trust's commitment to providing comprehensive health care coverage not only supports the health and wellbeing of United Parcel Service employees but also helps to foster a loyal and dedicated workforce, contributing to the overall success of the organization.
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Impact
October, 2024
The United Parcel Service Health And Welfare Plan Trust For Non-Collect significantly impacts current and former employees by managing essential benefit programs. It oversees the assets and payment functions for the UPS Flexible Benefit Plan, UPS Health Care Plan, and UPS Retired Employee Health Care Plan. This ensures that employees receive the support they need for healthcare and other benefits, fostering security and well-being for both active and retired workers and their dependents.
By acting as a funding vehicle for these plans, the trust plays a crucial role in maintaining the financial integrity and accessibility of health and welfare benefits, contributing to employee satisfaction and retention. The trust is managed with a focus on effective stewardship, which helps mitigate risks associated with healthcare costs and enhances the overall quality of benefits provided to UPS employees and their families.
This information is meant to be a general summary of United Parcel Service Health And Welfare Plan Trust For Non-Collect. 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.
- Investment Income: $45,681
- Program Service Revenue: $875,444,787
- Gross Receipts: $1,023,673,940
Assets and Liabilities:
- Total Assets: $4,289,932
- Total Liabilities: $0
- Net Assets: $4,289,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNITED PARCEL SERVICE, INC.
Revenue
$875,444,787
Organization Details
Founding Year
1985
Phone
(404) 828-6093Principal Officer
Donald Lancaster
Main Address
55 Glenlake Parkway NE, Atlanta, GA, 30328
NTEE Category
Code: Y40 - Mutual benefit
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