Overview
What is Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust?
The Participating Union GM Bankruptcy Claim Health Care Reimbursement Trust is a nonprofit organization established in Pittsburgh, Pennsylvania, with a specific mission. Established on April 11, 2011, its primary purpose is to fund post-retirement health benefits for certain retired bargaining unit members who lost their health benefits during General Motors' bankruptcy. This trust aims to support eligible spouses and dependents of these retirees as well. The trust serves as a safety net, providing financial assistance for healthcare expenses that these individuals might otherwise struggle to cover.
Is Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust legitimate?
Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Participating Union Gm Bankruptcy Claim Health Care Reimbursement 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:
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What is the mission statement of Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust?
The Participating Union GM Bankruptcy Claim Health Care Reimbursement Trust was established with a mission to provide post-retirement health benefits for certain retired bargaining unit members who lost their health benefits during General Motors' bankruptcy. This trust aims to support these retirees, as well as their eligible spouses and dependent family members, ensuring they continue to receive necessary healthcare coverage. The trust's activities are focused on alleviating the financial burden of healthcare costs for these individuals who were impacted by the GM bankruptcy.
Who is the CEO of Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust?
Rachael Davis is the Committee Member of Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust.
What is the revenue of Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust?
Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust's revenue in 2022 was -$263,065.
Who are the executives of Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust?
Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Participating Union Gm Bankruptcy Claim Health Care Reimbursement Trust
The Participating Union GM Bankruptcy Claim Health Care Reimbursement Trust, established in 2011, was created with a mission to provide post-retirement health benefits for certain retired bargaining unit members who lost their General Motors (GM) post-retirement health benefits due to the company's bankruptcy. This trust aims to offer support to these retirees, along with their eligible spouses and dependents, by funding the necessary healthcare expenses they might incur. By undertaking this mission, the Participating Union GM Bankruptcy Claim Health Care Reimbursement Trust plays a significant role in ensuring the well-being of these retired individuals, alleviating their financial burdens associated with healthcare costs.
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Impact
October, 2024
Participating Union GM Bankruptcy Claim Health Care Reimbursement Trust was established to address a significant gap in health care coverage for retired bargaining unit members affected by GM's bankruptcy. By providing funding for post-retirement health benefits, the Trust plays a critical role in ensuring that these retirees, along with their spouses and eligible dependents, receive necessary medical care that they otherwise would have lost.
The Trust's impact is substantial as it alleviates the financial burden of healthcare costs for a vulnerable population who relied on GM for their health benefits. By safeguarding their access to necessary medical services, the Trust not only supports the well-being of these individuals but also promotes stability within their families and communities. Ultimately, the Trust contributes to a safety net that preserves the health and quality of life for those who dedicated their careers to GM, helping them navigate the challenges arising from the company's financial restructuring.
This information is meant to be a general summary of Participating Union Gm Bankruptcy Claim Health Care Reimbursement 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$263,065
- Gross Receipts: $5,485,053
Assets and Liabilities:
- Total Assets: $7,113,416
- Total Liabilities: $11,352
- Net Assets: $7,102,064
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Organization Details
Founding Year
2011
Phone
(412) 201-2242Principal Officer
Rachael Davis
Main Address
60 BLVD OF THE ALLIES 5TH FLR, PITTSBURGH, PA, 15222
NTEE Category
Code: Y43 - Mutual benefit
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