Overview
What is National Football League Non-Player Insurance Trust?
The National Football League Non-Player Insurance Trust is a voluntary employees' beneficiary association (VEBA) welfare plan, located in New York, New York. This nonprofit organization, subject to ERISA, offers life insurance coverage to inactive vested football players and coaches, both active and inactive. The trust serves as a safety net for these individuals, providing them with financial support in the event of unforeseen circumstances.
Is National Football League Non-Player Insurance Trust legitimate?
National Football League Non-Player Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. National Football League Non-Player Insurance 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 National Football League Non-Player Insurance Trust?
The National Football League Non-Player Insurance Trust operates as a Voluntary Employees' Beneficiary Association (VEBA) welfare plan, subject to ERISA. Its primary mission is to provide life insurance coverage for inactive vested players and active and inactive vested coaches within the National Football League. This welfare plan is designed to offer financial security and protection to the individuals associated with the league beyond their active sporting careers.
Who is the CEO of National Football League Non-Player Insurance Trust?
Roger Goodell Co Nfl is the Trustee of National Football League Non-Player Insurance Trust.
What is the revenue of National Football League Non-Player Insurance Trust?
National Football League Non-Player Insurance Trust's revenue in 2022 was $1,276,388.
Who are the executives of National Football League Non-Player Insurance Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for National Football League Non-Player Insurance Trust?
National Football League Non-Player Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Football League Non-Player Insurance Trust
The National Football League Non-Player Insurance Trust, functioning as a Voluntary Employees' Beneficiary Association (VEBA) welfare plan subject to ERISA, has a mission to provide life insurance coverage for inactive vested players and active as well as inactive vested coaches within the National Football League. This organization serves as a safety net, offering essential life insurance benefits to those who have contributed significantly to the league but may no longer be actively involved in the sport. The Trust's primary objective is to ensure financial security and peace of mind for these individuals and their families, demonstrating the league's commitment to its former players and coaches.
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Impact
October, 2024
The National Football League Non-Player Insurance Trust plays a crucial role in supporting the well-being of inactive vested players and both active and inactive vested coaches by providing life insurance benefits. This initiative helps ensure financial security for individuals who have dedicated their careers to the sport, addressing potential gaps in coverage that may arise once they transition from active participation in the league.
By offering this life insurance through a Voluntary Employees' Beneficiary Association (VEBA) welfare plan, the Trust enhances the financial stability of its beneficiaries, offering peace of mind regarding their loved ones' futures in the event of their passing. This commitment to welfare is especially significant given the unique challenges athletes and coaches may face after retiring from professional sports. Overall, the Trust's efforts foster a sense of mutual benefit and support within the football community.
This information is meant to be a general summary of National Football League Non-Player Insurance 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: $1,276,388
- Gross Receipts: $1,276,388
Assets and Liabilities:
- Total Assets: $2,745,267
- Total Liabilities: $0
- Net Assets: $2,745,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIB - FOR INS COS
Revenue
$1,018,234
EXPERIENCE
Revenue
$255,376
OTHER INCOME
Revenue
$2,778
Organization Details
Founding Year
1974
Phone
(212) 450-2000Principal Officer
Roger Goodell Co Nfl
Main Address
345 PARK AVENUE, NEW YORK, NY, 10154
NTEE Category
Code: Y40 - Mutual benefit
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