General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement

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

EIN: 367008566 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement?

General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement is a charitable trust established to provide medical benefits for retirees of General Dynamics Land Systems. This global aerospace and defense company, with its diverse product range from Gulfstream jets to submarines and combat vehicles, contributes significantly to the safety and security of people worldwide. The Trust Agreement specifically focuses on extending these benefits to its non-union retirees.

Is General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement legitimate?

General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement is a legitimate nonprofit organization registered as a 501(c)(9) entity. General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement 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: $45,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement?

General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement focuses on providing medical benefits to its beneficiaries. This trust agreement is just one aspect of General Dynamics, a prominent global aerospace and defense company. The company's offerings range from Gulfstream business jets to submarines, wheeled combat vehicles, and communications systems, all essential for people's safety and security worldwide. The trust agreement takes care of the medical needs of its retirees, ensuring they receive adequate coverage.

Who is the CEO of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement?

Randall Miller is the Principal Officer of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement.

What is the revenue of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement?

General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement's revenue in 2022 was $18,497,398.

Who are the executives of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $45,156
  • Related: $0
  • Other: $0
Where can I find the form 990 for General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement?

General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement

The General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement is a mission-driven entity, dedicated to delivering medical benefits to its retirees. This trust agreement is an integral part of General Dynamics, a renowned global aerospace and defense company, known for its diverse array of products and services that ensure safety and security for people around the world.

While General Dynamics focuses on producing cutting-edge solutions for the military, aviation, and communication sectors, the Retiree Benefits Trust Agreement concentrates on another crucial aspect - providing medical benefits to its retired non-union employees. The trust agreement's primary goal is to ensure that these individuals have access to quality healthcare, enabling them to maintain their wellbeing and live comfortably in their post-retirement years. This commitment to employee care is a testament to General Dynamics' dedication towards its workforce, recognizing their contributions and supporting them throughout their careers and beyond.

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Impact




October, 2024

The General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement provides a structured framework for delivering medical benefits to retirees of General Dynamics. This agreement ensures that retirees have access to essential healthcare services, supporting their well-being and financial stability after leaving the workforce.

By offering these benefits, the trust addresses the critical need for retirees to manage healthcare costs, particularly in an era where medical expenses can significantly impact their quality of life. As a result, the trust plays a vital role in enhancing employee relations, promoting loyalty, and fostering a supportive environment for current and future employees.

Furthermore, this agreement contributes to the overall mission of General Dynamics by creating a reliable safety net for its non-union employees, thereby bolstering workforce morale and reinforcing the company's commitment to its workforce. The provision of medical benefits can also serve as a competitive advantage in attracting and retaining talent within the aerospace and defense industries, where skilled labor is paramount.




This information is meant to be a general summary of General Dynamics Land Systems Non-Union Employees' Retiree Benefits Trust Agreement. 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
$18,497,398 (2022)
Expenses
$4,633,648 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,500,415
  • Gross Receipts: $55,962,470

Assets and Liabilities:

  • Total Assets: $27,558,921
  • Total Liabilities: $0
  • Net Assets: $27,558,921

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Organization Details

Founding Year

1992

Principal Officer

Randall Miller

Main Address

C/O NORTHERN TRUST 50 S LASALLE ST, CHICAGO, IL, 60603

NTEE Category

Code: Y40 - Mutual benefit

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