Overview
What is Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)?
Ti Retiree Welfare Benefit Trust No 8, formerly known as Ti Retiree Welfare Benefit Trust No 6, is a nonprofit organization based in Dallas, Texas. Its primary mission was to provide retiree health benefits to its members, their dependents, or their designated beneficiaries, following the terms of the trust agreement and the Texas Instruments Retirees Health Benefit Plan. The organization primarily offered group medical and dental coverage during retirement, funded in part by contributions from Texas Instruments Inc. for certain retirees and their dependents. The trust operated until August 31, 2023.
Is Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6) legitimate?
Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6) is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6) 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)?
The Ti Retiree Welfare Benefit Trust No 8, formerly known as Ti Retiree Welfare Benefit Trust No 6, was established with a mission to provide group medical and dental coverage during retirement. Texas Instruments Incorporated (TI) offered this benefit to U.S. retirees who met specific age and service requirements. TI contributed towards the cost of retiree medical benefits for certain retirees and their dependents. The Trust funded its share of these costs through contributions to the Voluntary Employee Beneficiary Association (VEBA) trusts. This benefit scheme ceased operations as of August 31, 2023.
Who is the CEO of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)?
Shannon Freeze-Flory is the Trustee of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6).
What is the revenue of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)?
Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)'s revenue in 2023 was $11,012,912.
Who are the executives of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6) and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)?
Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)'s most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6)
Ti Retiree Welfare Benefit Trust No 8, formerly known as Ti Retiree Welfare Benefit Trust No 6, was established with a mission to provide U.S. retirees with access to group medical and dental coverage during their retirement. This nonprofit, funded by Texas Instruments Incorporated (TI), aimed to support retirees who meet specific age and service requirements. To accomplish this mission, TI contributed towards the costs of retiree medical benefits for certain retirees and their dependents. The trust relied on contributions made by TI to cover these expenses, demonstrating its commitment to the well-being of its retirees. Regrettably, as of August 31, 2023, the trust ceased operations, bringing an end to this valuable service.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Ti Retiree Welfare Benefit Trust No 8 (formerly known as Ti Retiree Welfare Benefit Trust No 6) played a critical role in providing access to group medical and dental coverage for retirees associated with Texas Instruments (TI). Its primary impact was focused on offering vital health benefits to U.S. retirees who met specific age and service criteria.
By facilitating health insurance coverage and contributing toward the costs of retiree medical benefits, this trust significantly enhanced the quality of life for retirees and their dependents. The trust ensured that members, their families, and designated beneficiaries received essential life and health benefits, securing a safety net for those who had dedicated their careers to TI.
Despite ceasing operations on August 31, 2023, the contributions made by TI to the trust and the benefits provided through the TI Retiree Welfare Benefit Trust No 8 had a lasting impact, allowing retirees to navigate healthcare needs during their retirement years with greater ease. The efforts of this trust underscore the importance of pension benefits and health coverage for long-term employees within the corporate structure.
This information is meant to be a general summary of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6). 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 2023.
- Investment Income: $10,087,245
- Program Service Revenue: $925,667
- Gross Receipts: $29,004,317
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$925,667
Organization Details
Founding Year
2000
Phone
(972) 995-3333Principal Officer
Shannon Freeze-Flory
Main Address
PO BOX 650311 M/S 3905, DALLAS, TX, 75265
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Ti Retiree Welfare Benefit Trust No 8 (Fka Ti Retiree Welfare Benefit Trust No 6) and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.