The General Dynamics Is&T Retiree Benefits Trust

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

EIN: 367237991 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is The General Dynamics Is&T Retiree Benefits Trust?

The General Dynamics Is&T Retiree Benefits Trust is a Chicago, IL-based nonprofit organization that functions as a fraternal beneficiary society and voluntary employees association. Their primary focus is to extend essential employee health and welfare benefits to their members. As a mission-driven entity, they work diligently to improve and support the well-being of their community.

Is The General Dynamics Is&T Retiree Benefits Trust legitimate?

The General Dynamics Is&T Retiree Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The General Dynamics Is&T Retiree Benefits 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: $80,826
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The General Dynamics Is&T Retiree Benefits Trust?

The General Dynamics Is&T Retiree Benefits Trust is a fraternal beneficiary society dedicated to delivering employee health and welfare benefits. Established as a voluntary association, its mission focuses on providing essential benefits to support the wellbeing of its members. By offering a range of health-related services, the Trust aims to enhance the quality of life for its beneficiaries. The organization's commitment extends beyond just healthcare, as it strives to address the diverse needs of its members, ensuring they have access to comprehensive and valuable benefits.

Who is the CEO of The General Dynamics Is&T Retiree Benefits Trust?

Randall Miller is the Principal Officer of The General Dynamics Is&T Retiree Benefits Trust.

What is the revenue of The General Dynamics Is&T Retiree Benefits Trust?

The General Dynamics Is&T Retiree Benefits Trust's revenue in 2022 was $34,550,972.

Who are the executives of The General Dynamics Is&T Retiree Benefits Trust and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $80,826
  • Related: $0
  • Other: $0
Where can I find the form 990 for The General Dynamics Is&T Retiree Benefits Trust?

The General Dynamics Is&T Retiree Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The General Dynamics Is&T Retiree Benefits Trust

The General Dynamics Is&T Retiree Benefits Trust, a fraternal beneficiary society and voluntary employees association, is committed to delivering employee health and welfare benefits. Established with a mission to make a difference, this organization focuses on providing essential services to its members.

In the heart of their endeavor, The General Dynamics Is&T Retiree Benefits Trust prioritizes the welfare of their members by offering them a range of health benefits. As a fraternal beneficiary society, the Trust fosters a sense of community among its members, providing them with a support system that extends beyond the scope of traditional employee benefits. By acting as a voluntary employees association, the Trust also empowers its members to have a voice in its operations.

The General Dynamics Is&T Retiree Benefits Trust's mission is twofold. First and foremost, it is dedicated to ensuring the well-being of its members by offering them comprehensive health benefits. Second, it provides a platform for like-minded individuals to come together and make their collective voices heard. This collaborative approach enables the Trust to not only address the needs of its members but also adapt to the evolving landscape of employee benefits, ensuring that it remains at the forefront of the industry.

By staying true to its mission, The General Dynamics Is&T Retiree Benefits Trust continues to make a positive impact on the lives of its members. Through its commitment to providing valuable health and welfare benefits, the Trust fosters a strong sense of camaraderie and unity among its members, ultimately helping them navigate the challenges of retirement and beyond.

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Impact




October, 2024

The General Dynamics Is&T Retiree Benefits Trust plays a significant role in enhancing the well-being of its members by providing crucial employee health and welfare benefits. Located in Chicago, IL, this organization offers financial support and resources that assist retirees in managing their health care needs, ensuring access to essential services and fostering a sense of security in their post-employment years.

By focusing on employee welfare, the Trust not only contributes to the quality of life for its members but also strengthens community connections among retirees. The fraternal aspect of the organization promotes camaraderie and support, creating a network where members can share experiences and find assistance in navigating health-related challenges. The Trust ultimately helps to alleviate some of the burdens that retirees may face, facilitating a better quality of life during retirement.




This information is meant to be a general summary of The General Dynamics Is&T Retiree Benefits 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
$34,550,972 (2022)
Expenses
$18,182,966 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,394,438
  • Program Service Revenue: $4,164,701
  • Gross Receipts: $146,947,516

Assets and Liabilities:

  • Total Assets: $82,634,331
  • Total Liabilities: $0
  • Net Assets: $82,634,331

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Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$4,164,701

Organization Details

Founding Year

1997

Principal Officer

Randall Miller

Main Address

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

NTEE Category

Code: Y43 - Mutual benefit

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