Navistar Inc Retiree Health Benefit Trust

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

EIN: 367041538 ✦ Lisle, IL ✦ Designated as a 501(c)(9)

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Overview

What is Navistar Inc Retiree Health Benefit Trust?

Navistar Inc Retiree Health Benefit Trust is a nonprofit organization based in Lisle, Illinois, with the address 2701 Navistar Drive. Its primary mission is to extend health and life insurance benefits to its retiree members. To achieve this goal, the Trust focuses on providing essential coverage for its beneficiaries.

Is Navistar Inc Retiree Health Benefit Trust legitimate?

Navistar Inc Retiree Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Navistar Inc Retiree Health 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: $235,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Navistar Inc Retiree Health Benefit Trust?

The Navistar Inc Retiree Health Benefit Trust is dedicated to extending health and life insurance benefits to its retiree members. By providing these essential coverage plans, the trust ensures the well-being and financial security of its retirees. The trust's primary goal is to maintain the health and well-being of its members, enhancing their overall quality of life in their post-career years. Through its health benefits program, the trust aims to offer access to comprehensive medical services and support, giving retirees peace of mind and security during their retirement. Additionally, the trust's life insurance benefits provide an extra layer of financial protection for its members and their families.

Who is the CEO of Navistar Inc Retiree Health Benefit Trust?

The Northern Trust Compan is the Principal Officer of Navistar Inc Retiree Health Benefit Trust.

What is the revenue of Navistar Inc Retiree Health Benefit Trust?

Navistar Inc Retiree Health Benefit Trust's revenue in 2022 was $58,640,428.

Who are the executives of Navistar Inc Retiree Health Benefit Trust and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $235,926
  • Related: $0
  • Other: $0
Where can I find the form 990 for Navistar Inc Retiree Health Benefit Trust?

Navistar Inc Retiree Health Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Navistar Inc Retiree Health Benefit Trust

Navistar Inc Retiree Health Benefit Trust is a mission-driven organization committed to delivering essential health and life insurance benefits to its retired members. Established with a clear purpose, the Trust takes pride in its role as a safety net for its beneficiaries, ensuring their peace of mind as they transition into retirement.

By providing comprehensive retiree health benefits, Navistar Inc Retiree Health Benefit Trust empowers its members to focus on their well-being and enjoy their retirement years with confidence. The Trust's unwavering dedication to its mission is reflected in its consistent efforts to offer competitive plans and manage their costs effectively.

The Trust's mission extends beyond just offering health benefits. It understands that retirees may face unique challenges and complexities, making it a priority to offer life insurance coverage as well. This added benefit not only provides financial security for the beneficiaries but also for their families, ensuring a sense of stability and peace of mind.

Navistar Inc Retiree Health Benefit Trust's commitment to its members is unwavering, with its mission rooted in the belief that every retiree deserves access to quality healthcare and financial security. By focusing on the well-being of its members, the Trust plays a vital role in enhancing the quality of life for those who have dedicated their careers to Navistar Inc.

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Impact




October, 2024

Navistar Inc Retiree Health Benefit Trust plays a crucial role in ensuring that retired employees receive essential health and life insurance benefits. By providing financial assistance and access to necessary healthcare services, the trust significantly enhances the quality of life for its members. This support not only helps retirees manage their medical costs but also alleviates the financial burden on their families.

Operating in Lisle, Illinois, the trust is dedicated to safeguarding the well-being of its members through structured benefits. Its mission underscores a commitment to mutual benefit, fostering a sense of security and peace of mind among retirees as they navigate their post-employment years. In essence, the trust's efforts contribute to a healthier, more financially stable retirement for those who have dedicated their careers to the organization.




This information is meant to be a general summary of Navistar Inc Retiree Health 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
$58,640,428 (2022)
Expenses
$71,239,645 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,785,947
  • Program Service Revenue: $50,835,486
  • Gross Receipts: $173,986,692

Assets and Liabilities:

  • Total Assets: $336,504,470
  • Total Liabilities: $4,168,380
  • Net Assets: $332,336,090

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Programs

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

SPONSOR CONTRIBUTIONS

Revenue

$49,566,069

PARTICIPANT CONTRIBUTIONS

Revenue

$1,269,417

Organization Details

Founding Year

1993

Principal Officer

The Northern Trust Compan

Main Address

2701 NAVISTAR DRIVE, LISLE, IL, 60532

NTEE Category

Code: Y40 - Mutual benefit

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