Overview
What is American Airlines Inc Group Health Benefits Trust For Retirees?
American Airlines Inc Group Health Benefits Trust For Retirees is a nonprofit entity, specifically a trust, established by American Airlines. Its primary purpose is to provide health benefits to eligible retirees who retired after November 1, 2012, and are under the age of 65. The trust is funded through employee contributions, ensuring that retired employees have access to necessary healthcare services. This beneficial initiative, named American Airlines, Inc. Health and Life Plan for Retirees, demonstrates the company's commitment to supporting its retired employees' health needs.
Is American Airlines Inc Group Health Benefits Trust For Retirees legitimate?
American Airlines Inc Group Health Benefits Trust For Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Airlines Inc Group Health Benefits Trust For Retirees 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: $587
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Airlines Inc Group Health Benefits Trust For Retirees?
The American Airlines Inc Group Health Benefits Trust for Retirees has a mission to provide health benefits for plan participants. This mission is carried out through the establishment of the American Airlines, Inc. Health and Life Plan for Retirees, which offers health coverage to employees who retire after November 1, 2012, and are under the age of 65. The benefits under this plan are funded by employee contributions. The trust aims to support these retirees with their health needs, ensuring they have access to necessary healthcare services.
Who is the CEO of American Airlines Inc Group Health Benefits Trust For Retirees?
Lekresa Brown is the Principal Officer of American Airlines Inc Group Health Benefits Trust For Retirees.
What is the revenue of American Airlines Inc Group Health Benefits Trust For Retirees?
American Airlines Inc Group Health Benefits Trust For Retirees's revenue in 2022 was $785,672.
Who are the executives of American Airlines Inc Group Health Benefits Trust For Retirees and what are their salaries?
There is 1 key member and their salary:
- Compensation: $587
- Related: $0
- Other: $0
Where can I find the form 990 for American Airlines Inc Group Health Benefits Trust For Retirees?
American Airlines Inc Group Health Benefits Trust For Retirees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Airlines Inc Group Health Benefits Trust For Retirees
American Airlines Inc Group Health Benefits Trust For Retirees, in its mission, has adopted and established the American Airlines Health and Life Plan for Retirees. This initiative aims to provide health coverage for employees who choose to retire after November 1, 2012. The trust fund for this plan is primarily supported by employee contributions. This organization ensures that retirees under the age of 65 continue to receive essential health benefits, thereby offering a degree of security in their post-employment years. The American Airlines Inc Group Health Benefits Trust For Retirees plays a vital role in maintaining the health and well-being of its plan participants after they retire from their active roles within the company.
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Impact
October, 2024
The American Airlines Inc Group Health Benefits Trust for Retirees plays a crucial role in supporting the health and financial well-being of employees who retire after November 1, 2012, and are under the age of 65. By providing health benefits funded through employee contributions, the trust ensures that retirees have access to essential medical coverage, which can alleviate the burden of healthcare costs during a pivotal transition in their lives. This initiative enhances the quality of life for retirees, offering them peace of mind regarding their health needs as they navigate life post-employment. In essence, the trust fosters a supportive environment for former employees, contributing to their overall stability and health security.
This information is meant to be a general summary of American Airlines Inc Group Health Benefits Trust For Retirees. 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 2022.
- Investment Income: $7,096
- Program Service Revenue: $778,576
- Gross Receipts: $785,672
Assets and Liabilities:
- Total Assets: $444,549
- Total Liabilities: $0
- Net Assets: $444,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$707,385
ESI INCENTIVE REBATES
Revenue
$71,191
Organization Details
Founding Year
2013
Phone
(682) 278-0383Principal Officer
Lekresa Brown
Main Address
PO Box 619616 Mail Drop 8A202, DFW Airport, TX, 75261
NTEE Category
Code: Y43 - Mutual benefit
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