At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust

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

EIN: 223463687 ✦ Dallas, TX ✦ Designated as a 501(c)(9)

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Overview

What is At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust?

At&T Corp Represented Employees Post-Retirement Welfare Benefit Trust is a nonprofit organization located in Room 1825, 208 S Akard Street, Dallas, Texas, 75202. Their primary mission is to fund and cover the post-retirement life insurance benefit expenses for retired employees of AT&T Inc and its subsidiaries, as permissible under IRC 501(C)(9). This trust ensures the provision of these benefits to the retired employees in accordance with their earlier employment agreements.

Is At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust legitimate?

At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. At&T Corp Represented Employees Post- Retirement Welfare Benefit 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust?

The At&T Corp Represented Employees Post-Retirement Welfare Benefit Trust is dedicated to funding benefit expenses. More specifically, it covers post-retirement life insurance benefits for retired employees of At&T, Inc. and its subsidiaries, as permitted under IRC 501(C)(9). This trust ensures the financial support required for the continued provision of these benefits to the retired workforce. In essence, it guarantees peace of mind for retired employees by managing the expenses related to their post-retirement life insurance coverage. This commitment to financial sustainability enables the beneficiaries to focus on their post-career lives with the security and stability that comes with having their insurance needs met.

Who is the CEO of At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust?

Ingrid Berner is the Trustee of At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust.

What is the revenue of At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust?

At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust's revenue in 2022 was $19,185,988.

Who are the executives of At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Mellon Trust Of New England (Trustee)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust?

At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust

The At&T Corp Represented Employees Post- Retirement Welfare Benefit Trust, a nonprofit entity, is dedicated to funding and managing post-retirement life insurance benefit expenses for retired employees of AT&T, Inc., and its subsidiaries. Adhering to the guidelines of IRC 501(c)(9), this trust ensures the financial support required to maintain these benefits for qualifying retirees. The primary objective is to provide peace of mind for these individuals, allowing them to enjoy their post-career years without the added worry of insurance coverage expenses. This organization's commitment extends beyond just financial support, as it plays a vital role in upholding the welfare promises made to these dedicated employees during their tenure with AT&T and its affiliates. By managing these expenses, the Trust preserves the long-term financial sustainability of these benefits, ultimately safeguarding the future of countless retirees.

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Impact




October, 2024

The AT&T Corp Represented Employees Post-Retirement Welfare Benefit Trust plays a crucial role in ensuring the financial well-being of retired employees by funding benefits that cover post-retirement life insurance expenses. This support is essential for AT&T retirees, as it provides a safety net during a vulnerable stage of their lives, helping to alleviate concerns about financial security related to healthcare and other needs.

By facilitating the payment of these life insurance benefits, the trust not only fulfills the promises made to employees upon their retirement but also contributes to the overall morale and satisfaction of current employees. Knowing that there is a structured benefit plan in place can enhance the sense of loyalty and commitment among the workforce. Additionally, this commitment to post-retirement welfare promotes a positive corporate image, showcasing AT&T's responsibility to care for its employees even after their active service has ended.

Overall, the impact of this trust extends beyond individual benefits, reinforcing a culture of mutual support and enhancing the long-term relationship between the company and its workforce.




This information is meant to be a general summary of At&T Corp Represented Employees Post- Retirement Welfare Benefit 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
$19,185,988 (2022)
Expenses
$26,280,321 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19,185,988
  • Gross Receipts: $39,702,498

Assets and Liabilities:

  • Total Assets: $80,544,577
  • Total Liabilities: $0
  • Net Assets: $80,544,577

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Organization Details

Founding Year

1996

Principal Officer

Ingrid Berner

Main Address

208 S AKARD STREET ROOM 1825, DALLAS, TX, 75202

NTEE Category

Code: Y40 - Mutual benefit

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