Overview
What is Aar Retiree Life Insurance Trust?
Aar Retiree Life Insurance Trust is a nonprofit organization based in Washington, D.C. Specifically located at 425 THIRD ST SW STE 1000, its primary mission is to offer group life insurance coverage to eligible individuals. These individuals are former employees of the Association of American Railroads and its two subsidiaries. The trust's primary objective is to provide retiree life insurance to its plan participants. By offering this coverage, the trust aims to offer a sense of security and financial support to those who have retired from their railroad-related employment.
Is Aar Retiree Life Insurance Trust legitimate?
Aar Retiree Life Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Aar Retiree Life Insurance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Aar Retiree Life Insurance Trust?
The mission of Aar Retiree Life Insurance Trust is centered around providing retiree life insurance. Specifically, this organization offers group life insurance coverage to former employees of the Association of American Railroads and its two subsidiaries. Their objective is to ensure financial security for these retirees, offering a protective safety net during their post-employment years. The program serves as a vital resource, providing peace of mind and financial assistance in the event of an unexpected passing.
Who is the CEO of Aar Retiree Life Insurance Trust?
Paul Hedrick is the Svp-Finance & Administration And Cfo of Aar Retiree Life Insurance Trust.
What is the revenue of Aar Retiree Life Insurance Trust?
Aar Retiree Life Insurance Trust's revenue in 2022 was $125,583.
Who are the executives of Aar Retiree Life Insurance Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $474,739
- Other: $61,923
- Compensation: $0
- Related: $252,664
- Other: $94,994
- Compensation: $0
- Related: $103,619
- Other: $21,249
Where can I find the form 990 for Aar Retiree Life Insurance Trust?
Aar Retiree Life Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aar Retiree Life Insurance Trust
Aar Retiree Life Insurance Trust is dedicated to providing retirement life insurance coverage to its participants. This nonprofit organization has a mission to offer group life insurance protection to former employees of the Association of American Railroads and its two wholly-owned subsidiaries. By providing this coverage, Aar Retiree Life Insurance Trust plays a vital role in ensuring financial security for its members during their retirement years. This mission reflects the organization's commitment to supporting the well-being of its participants and offering peace of mind in their later years.
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
Aar Retiree Life Insurance Trust plays a crucial role in providing financial security for former employees of the Association of American Railroads and its subsidiaries through its group life insurance coverage. This initiative alleviates concerns about post-retirement financial stability, allowing retirees to enjoy their retirement years with greater peace of mind. By ensuring that participants have access to life insurance, the trust offers essential support that can help beneficiaries manage expenses and maintain their quality of life in the event of unforeseen circumstances. This commitment to lifelong care reflects the organization's dedication to the welfare of its members, fostering a sense of community and mutual benefit among retirees. Overall, the impact of Aar Retiree Life Insurance Trust is significant, contributing to the well-being of those who have dedicated their careers to the railroad industry.
This information is meant to be a general summary of Aar Retiree Life Insurance 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: $125,583
- Gross Receipts: $2,491,034
Assets and Liabilities:
- Total Assets: $5,052,146
- Total Liabilities: $93,310
- Net Assets: $4,958,836
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(202) 639-2100Principal Officer
Paul Hedrick
Main Address
425 THIRD ST SW STE 1000, Washington, DC, 20024
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Aar Retiree Life Insurance Trust 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.