Overview
What is Exxon Mobil Master Welfare Benefit Trust 22-05528?
The Exxon Mobil Master Welfare Benefit Trust 22-05528 is a nonprofit organization that serves as a funding mechanism for the ExxonMobil Retiree Medical Plan. Based in Chicago, Illinois, this trust is dedicated to providing health and welfare benefits to its participants. Its primary mission is to maintain and manage the master welfare benefits trust, ensuring the availability of financial resources for retiree medical benefits.
Is Exxon Mobil Master Welfare Benefit Trust 22-05528 legitimate?
Exxon Mobil Master Welfare Benefit Trust 22-05528 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Exxon Mobil Master Welfare Benefit Trust 22-05528 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
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What is the mission statement of Exxon Mobil Master Welfare Benefit Trust 22-05528?
This trust, identified as Exxon Mobil Master Welfare Benefit Trust 22-05528, is committed to providing health and welfare benefits to its participants. Its primary mission revolves around maintaining a master welfare benefits trust that serves as a vital funding mechanism for retiree medical benefits. The trust's purpose is to ensure the availability of resources necessary to support the medical needs of its members. By providing a robust funding mechanism, the trust enables the ExxonMobil Retiree Medical Plan to meet the healthcare requirements of its retirees, ultimately contributing to their overall wellbeing. The trust's dedication to its mission underscores its role as a key support system for those who have retired from the organization.
What is the revenue of Exxon Mobil Master Welfare Benefit Trust 22-05528?
Exxon Mobil Master Welfare Benefit Trust 22-05528's revenue in 2023 was $81,113,339.
Who are the executives of Exxon Mobil Master Welfare Benefit Trust 22-05528 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 Exxon Mobil Master Welfare Benefit Trust 22-05528?
Exxon Mobil Master Welfare Benefit Trust 22-05528's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Exxon Mobil Master Welfare Benefit Trust 22-05528
The Exxon Mobil Master Welfare Benefit Trust 22-05528 is committed to maintaining a funding mechanism for retiree medical benefits for its participants. In simpler terms, this trust serves as a vital source of financial support for the health and welfare needs of those connected to it.
In keeping with its mission, the Trust works diligently to provide essential benefits to those who depend on it. By acting as a funding mechanism for the ExxonMobil Retiree Medical Plan, it ensures that eligible individuals can access the medical care they require, bringing them peace of mind and security. The Trust's primary objective is to uphold its mission description and maintain its role as a reliable financial backbone for retiree medical benefits.
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Impact
October, 2024
Exxon Mobil Master Welfare Benefit Trust 22-05528 plays a crucial role in providing health and welfare benefits to plan participants, specifically by funding the ExxonMobil Retiree Medical Plan. This trust ensures that retired employees have access to essential medical services and support, thereby enhancing their quality of life post-retirement. By maintaining a structured funding mechanism, it helps manage the financial aspects of health benefits, ensuring that retirees receive the necessary care without undue financial burden. The trust's operations in Chicago, IL, are aimed at sustaining the well-being of former employees, demonstrating a commitment to their ongoing health needs and security. This impact contributes to the overall stability and satisfaction of retirees, fostering a sense of mutual benefit within the community.
This information is meant to be a general summary of Exxon Mobil Master Welfare Benefit Trust 22-05528. 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: $108,576
- Program Service Revenue: $81,004,763
- Gross Receipts: $81,113,339
Assets and Liabilities:
- Total Assets: $6,322
- Total Liabilities: $0
- Net Assets: $6,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contributions
Revenue
$81,004,763
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
2000
Principal Officer
The Northern Trust Company
NTEE Category
Code: Y43 - Mutual benefit
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