Overview
What is Navistar Inc Retiree Supplemental Benefit Trust?
Navistar Inc Retiree Supplemental Benefit Trust is a nonprofit organization based in Richmond Heights, Ohio. Established to provide supplemental health and life benefits for Navistar Inc retirees, the Trust was formed following a settlement agreement in the case Shy v. Navistar, C-3-92-333 (S.D. Ohio, 1992). TheTrust's primary mission is to enhance the quality of life for Navistar retirees by offering additional health and life benefits.
Is Navistar Inc Retiree Supplemental Benefit Trust legitimate?
Navistar Inc Retiree Supplemental Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Navistar Inc Retiree Supplemental 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: $123,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Navistar Inc Retiree Supplemental Benefit Trust?
The Navistar Inc Retiree Supplemental Benefit Trust is dedicated to providing supplemental health and life benefits for retirees. This commitment stems from a settlement agreement reached in the Shy v. Navistar case in 1992. The trust's primary objective is to enhance the retirees' overall well-being by offering additional health and life benefits. By doing so, it aims to ensure that retirees receive comprehensive coverage, supplementing their existing benefits. In essence, the Navistar Inc Retiree Supplemental Benefit Trust serves to bridge any gaps in retirees' healthcare and life insurance coverage.
Who is the CEO of Navistar Inc Retiree Supplemental Benefit Trust?
Wayne Krzysiak is the Chairman (Retired 9/22) of Navistar Inc Retiree Supplemental Benefit Trust.
What is the revenue of Navistar Inc Retiree Supplemental Benefit Trust?
Navistar Inc Retiree Supplemental Benefit Trust's revenue in 2022 was $413,202,220.
Who are the executives of Navistar Inc Retiree Supplemental Benefit Trust and what are their salaries?
There 1 volunteer at Navistar Inc Retiree Supplemental Benefit Trust.
Here are 6 key members and their salaries:
- Compensation: $35,225
- Related: $0
- Other: $0
- Compensation: $30,063
- Related: $0
- Other: $0
- Compensation: $27,450
- Related: $0
- Other: $0
- Compensation: $26,500
- Related: $0
- Other: $0
- Compensation: $4,325
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Navistar Inc Retiree Supplemental Benefit Trust?
Navistar Inc Retiree Supplemental Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Navistar Inc Retiree Supplemental Benefit Trust
Navistar Inc Retiree Supplemental Benefit Trust is a mission-driven organization established to deliver supplemental health and life benefits to retired Navistar employees. In simpler terms, this Trust aims to enhance the wellbeing of Navistar retirees by providing them with additional health and life benefits, as per the settlement reached in the Shy v. Navistar case (C-3-92-333, S.D. Ohio, 1992).
The Trust's primary objective is to ensure the health and financial security of Navistar retirees. It pursues this goal by offering supplemental benefits that complement the retirees' primary coverage, enabling them to access comprehensive healthcare services and maintain their quality of life. The Trust's commitment doesn't stop at health benefits; it also extends to life benefits, ensuring that Navistar retirees and their families are protected against unforeseen circumstances.
The Navistar Inc Retiree Supplemental Benefit Trust was founded in response to the need to provide extra support and security to Navistar retirees. This nonprofit organization strives to make a significant difference in the lives of its beneficiaries, helping them navigate the complexities of their post-retirement years with greater ease and peace of mind.
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Impact
October, 2024
Navistar Inc Retiree Supplemental Benefit Trust plays a crucial role in enhancing the well-being of retired employees by providing supplemental health and life benefits. These benefits are essential for retirees who may face the increasing costs of healthcare and other living expenses after leaving the workforce.
The trust was established as part of a settlement agreement from the case Shy v. Navistar, where it was determined that retirees needed additional support beyond standard benefits. This proactive measure ensures that retirees are not left vulnerable to financial strain due to healthcare costs that may not be fully covered by their primary insurance providers.
Through its mission, the trust helps bridge the gap in retirement benefits, enabling retirees to maintain a certain quality of life and peace of mind during their retirement years. It addresses significant needs within the retiree community, alleviating concerns about healthcare access and financial insecurity. Overall, the trust significantly impacts the lives of retirees by offering a level of financial security that contributes to their overall health and well-being.
This information is meant to be a general summary of Navistar Inc Retiree Supplemental 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,543,161
- Gross Receipts: $3,276,044,461
Assets and Liabilities:
- Total Assets: $829,043,257
- Total Liabilities: $0
- Net Assets: $829,043,257
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Organization Details
Founding Year
1993
Phone
(216) 261-8414Principal Officer
Wayne Krzysiak
Main Address
26301 CURTISS WRIGHT PARKWAY, RICHMOND HEIGHTS, OH, 44143
NTEE Category
Code: Y40 - Mutual benefit
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