Overview
What is Toyota Motor Sales Usa Inc Post-Retirement Medical Trust?
Toyota Motor Sales U.S.A. Inc Post-Retirement Medical Trust is a nonprofit organization based in Plano, Texas, with the address 6565 Headquarters Dr. Established to cater to retired participants and their covered dependents, this trust ensures their access to essential health benefits. The organization's primary mission revolves around providing healthcare, maintaining a strong commitment to the welfare of its retired members.
What are the reviews and ratings of this charity?
Toyota Motor Sales USA Inc Post-Retirement Medical Trust is not currently rated by Charity Navigator. This means it doesn't have an overall score, as such ratings require evaluations through beacon scores, which the organization lacks due to its foundation status not being 501(c)(3).
The unavailability of a rating should not be misunderstood as an indicator of organizational effectiveness or inefficiency. Historically, many organizations like this have been appraised mainly on their accountability and finance metrics. However, Toyota's Post-Retirement Medical Trust cannot be evaluated this way because it isn't registered as a 501(c)(3) with the IRS.
Due to its foundation status, limitations on evaluations concerning leadership, adaptability, community culture, and impact are present. Detailed financials, including revenue and expenses, are also unavailable for this Trust. There are no user reviews on GreatNonprofits, which further limits public perception insights.
This AI summary has been generated from information found on Charity Navigator.
Is Toyota Motor Sales Usa Inc Post-Retirement Medical Trust legitimate?
Toyota Motor Sales Usa Inc Post-Retirement Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Toyota Motor Sales Usa Inc Post-Retirement Medical 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: $230,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Toyota Motor Sales Usa Inc Post-Retirement Medical Trust?
The Toyota Motor Sales Usa Inc Post-Retirement Medical Trust is dedicated to providing health benefits for retired participants and their dependent Covered Individuals. The mission of this trust is to ensure the well-being of retirees by offering essential healthcare services. These benefits aim to maintain their overall health and quality of life. By providing comprehensive medical coverage, the trust supports retired Toyota employees in their post-career years, ensuring they have access to necessary healthcare resources. The trust's commitment to health and wellness carries on even after retirement, offering peace of mind and security for those who have contributed to Toyota Motor Sales Usa Inc.
Who is the CEO of Toyota Motor Sales Usa Inc Post-Retirement Medical Trust?
Greg Gunderson is the Institutional Trustee of Toyota Motor Sales Usa Inc Post-Retirement Medical Trust.
What is the revenue of Toyota Motor Sales Usa Inc Post-Retirement Medical Trust?
Toyota Motor Sales Usa Inc Post-Retirement Medical Trust's revenue in 2022 was $36,768,181.
Who are the executives of Toyota Motor Sales Usa Inc Post-Retirement Medical Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $468,178
- Related: $0
- Other: $0
Where can I find the form 990 for Toyota Motor Sales Usa Inc Post-Retirement Medical Trust?
Toyota Motor Sales Usa Inc Post-Retirement Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Toyota Motor Sales Usa Inc Post-Retirement Medical Trust
The Toyota Motor Sales Usa Inc Post-Retirement Medical Trust is a mission-driven organization dedicated to delivering health benefits to retired participants and their covered dependents. Established with a clear objective, the Trust focuses on ensuring the well-being of retired Toyota employees and their families.
In the third person, we can describe the Trust's activities as an ongoing commitment to providing essential healthcare services. By offering a range of health benefits, the organization aims to enhance the quality of life for its beneficiaries, allowing them to focus on their post-retirement years with peace of mind. The Trust's unwavering dedication to this cause is evident through its continuous efforts to meet the evolving healthcare needs of its members.
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Impact
October, 2024
Toyota Motor Sales USA Inc Post-Retirement Medical Trust plays a crucial role in ensuring that retired participants and their covered dependents receive necessary health benefits. The trust provides a safety net for former employees, helping them manage healthcare expenses during retirement, which can often become a significant financial burden. By facilitating access to healthcare, the trust contributes to the overall well-being and quality of life for retirees, enabling them to maintain their health and manage chronic conditions effectively. This support fosters peace of mind among retirees, allowing them to focus on enjoying their post-employment years without the constant stress of medical costs. Additionally, this initiative enhances Toyota's commitment to its employees, promoting loyalty and positive relationships within the workforce, both current and retired.
This information is meant to be a general summary of Toyota Motor Sales Usa Inc Post-Retirement Medical 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: $1,923,477
- Program Service Revenue: $34,844,704
- Gross Receipts: $84,597,355
Assets and Liabilities:
- Total Assets: $235,752,909
- Total Liabilities: $10,187,476
- Net Assets: $225,565,433
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$29,705,912
RETIREE CONTRIBUTIONS
Revenue
$5,138,792
Organization Details
Founding Year
2013
Phone
(469) 292-4486Principal Officer
Greg Gunderson
Main Address
6565 HEADQUARTERS DR CORP TAX W1-, PLANO, TX, 75024
NTEE Category
Code: Y43 - Mutual benefit
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