Usw Retirees Of The Dana Corporation Health Care Trust

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

EIN: 261860594 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Usw Retirees Of The Dana Corporation Health Care Trust?

Usw Retirees Of The Dana Corporation Health Care Trust is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary objective is to offer health and welfare benefits to its participants and their surviving spouses, in alignment with the USW Retirees of The Dana Corporation Health Care Plan. The trust also extends these benefits to run-out participants, adhering to Dana Corporation's original plan. The trust functions to enhance the well-being of its members by providing essential health services, as allowed under Section 501(C)(9) of the Internal Revenue Code.

Is Usw Retirees Of The Dana Corporation Health Care Trust legitimate?

Usw Retirees Of The Dana Corporation Health Care Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Usw Retirees Of The Dana Corporation Health Care 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: $171,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Usw Retirees Of The Dana Corporation Health Care Trust?

The Usw Retirees Of The Dana Corporation Health Care Trust is established with the primary objective of providing health and other welfare benefits to its participants. In accordance with the Usw Retirees Of The Dana Corporation Health Care Plan and the permissible provisions under Section 501(C)(9) of the Internal Revenue Code, the trust aims to offer health benefits to its members. Additionally, the trust extends health and welfare benefits to run-out participants, following the original plan of the Dana Corporation. The trust's mission is centered around ensuring the well-being and health of its members, providing them with essential benefits as required.

Who is the CEO of Usw Retirees Of The Dana Corporation Health Care Trust?

Thomas Braun is the Committee Member of Usw Retirees Of The Dana Corporation Health Care Trust.

What is the revenue of Usw Retirees Of The Dana Corporation Health Care Trust?

Usw Retirees Of The Dana Corporation Health Care Trust's revenue in 2022 was $10,331,915.

Who are the executives of Usw Retirees Of The Dana Corporation Health Care Trust and what are their salaries?


Here are 7 key members and their salaries:


Mike Milsap (Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Piper (Committee Member)
  • Compensation: $23,967
  • Related: $0
  • Other: $0
James Dworkin (Committee Member)
  • Compensation: $23,967
  • Related: $0
  • Other: $0
Thomas Braun (Chairman)
  • Compensation: $29,959
  • Related: $0
  • Other: $0
Thomas Hayhurst (Committee Member)
  • Compensation: $23,967
  • Related: $0
  • Other: $0
Anne Blanton (Committee Member)
  • Compensation: $23,967
  • Related: $0
  • Other: $0
Howard Kline (Committee Member)
  • Compensation: $23,967
  • Related: $0
  • Other: $0
Where can I find the form 990 for Usw Retirees Of The Dana Corporation Health Care Trust?

Usw Retirees Of The Dana Corporation Health Care Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Usw Retirees Of The Dana Corporation Health Care Trust

The Usw Retirees of the Dana Corporation Health Care Trust is established with a mission to provide health and welfare benefits to its participants. This nonprofit organization operates in accordance with the Usw Retirees of the Dana Corporation Health Care Plan, ensuring that eligible individuals receive necessary health and wellness services. Additionally, the trust extends its benefits to run-out participants, following the guidelines set forth in Dana Corporation's original plan. By offering these comprehensive health and welfare benefits, the Usw Retirees of the Dana Corporation Health Care Trust aims to support its members in maintaining their overall well-being.

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Impact




October, 2024

The USW Retirees of the Dana Corporation Health Care Trust plays a pivotal role in supporting the health and welfare of its participants, primarily focusing on retirees and their surviving spouses. By providing essential health benefits, the Trust ensures that individuals who dedicated their careers to the Dana Corporation have access to necessary medical care and support.

Operating from Pittsburgh, PA, the Trust is designed to administer health and welfare benefits in alignment with the USW Retirees of the Dana Corporation Health Care Plan. This commitment to health care not only alleviates financial burdens associated with medical expenses but also promotes the overall well-being of retirees. By adhering to the guidelines of Section 501(c)(9) of the Internal Revenue Code, the Trust reinforces its dedication to serving the mutual interests of its members, ultimately enhancing their quality of life during retirement.

Through its efforts, the Trust positively impacts the communities it serves, fostering a sense of security and stability among retirees who may otherwise face challenges in accessing health care. The provision of these benefits reflects a broader commitment to ensuring that those who have contributed to the workforce are not left vulnerable in their later years.




This information is meant to be a general summary of Usw Retirees Of The Dana Corporation Health Care 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
$10,331,915 (2022)
Expenses
$14,368,996 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,032,698
  • Program Service Revenue: $3,299,217
  • Gross Receipts: $44,891,806

Assets and Liabilities:

  • Total Assets: $202,928,768
  • Total Liabilities: $469,281
  • Net Assets: $202,459,487

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Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$3,299,217

Organization Details

Founding Year

2008

Principal Officer

Thomas Braun

Main Address

60 BLVD OF THE ALLIES 5TH FLOOR, PITTSBURGH, PA, 15222

NTEE Category

Code: Y43 - Mutual benefit

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