Aura Retiree Health Benefit Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 526775182 ✦ Washington, DC ✦ Designated as a 501(c)(9)

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Overview

What is Aura Retiree Health Benefit Trust?

Aura Retiree Health Benefit Trust is a nonprofit organization situated in Washington, D.C. Its primary mission is to provide retirement health benefits to eligible retired and former employees of the Association of Universities for Research in Astronomy, Inc. (AURA). The Trust operates with a focus on ensuring the well-being of its members by offering health benefits. By doing so, it upholds its commitment to supporting the retired and former employees of AURA, providing them with essential healthcare services during their post-employment phase.

Is Aura Retiree Health Benefit Trust legitimate?

Aura Retiree Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Aura Retiree Health Benefit 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 Aura Retiree Health Benefit Trust?

The Aura Retiree Health Benefit Trust's mission is centered around providing retirement health benefits. Specifically, this plan is designed to offer health benefits to eligible retired and former employees of the Association of Universities for Research in Astronomy, Inc. (AURA). The trust aims to support the health needs of these individuals during their retirement period, ensuring they continue to maintain their wellbeing. By offering these benefits, the trust seeks to provide a sense of security and stability for its beneficiaries during their post-employment years.

Who is the CEO of Aura Retiree Health Benefit Trust?

Barbara Lam is the Trustee of Aura Retiree Health Benefit Trust.

What is the revenue of Aura Retiree Health Benefit Trust?

Aura Retiree Health Benefit Trust's revenue in 2022 was $149,696.

Who are the executives of Aura Retiree Health Benefit Trust and what are their salaries?


Here are 4 key members and their salaries:


Pnc Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Mountain (President)
  • Compensation: $0
  • Related: $531,908
  • Other: $60,939
Nanci Reich (Director Of Corporate Operations)
  • Compensation: $0
  • Related: $101,910
  • Other: $39,871
Barbara Lam (Cfo)
  • Compensation: $0
  • Related: $277,291
  • Other: $57,482
Where can I find the form 990 for Aura Retiree Health Benefit Trust?

Aura Retiree Health Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aura Retiree Health Benefit Trust

Aura Retiree Health Benefit Trust is a mission-driven organization that focuses on providing retirement health benefits to eligible retired and former employees of the Association of Universities for Research in Astronomy, Inc. (AURA). This plan is committed to ensuring the well-being of its beneficiaries by offering them comprehensive health benefits. By doing so, Aura Retiree Health Benefit Trust plays a significant role in supporting the health and wellness of its members during their retirement years. The plan is designed to offer peace of mind and security, enabling its beneficiaries to enjoy their retirement years without the added worry of health-related expenses. This nonprofit organization is dedicated to upholding its mission of providing health benefits, thereby contributing to the overall well-being of its members.

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Impact




October, 2024

Aura Retiree Health Benefit Trust plays a vital role in supporting the well-being of eligible retired and former employees of the Association of Universities for Research in Astronomy, Inc. (AURA) by providing essential retirement health benefits. This dedicated plan ensures that retirees have access to necessary healthcare services, contributing to their overall health and quality of life after their careers in astronomy and related fields. By offering these benefits, Aura Retiree Health Benefit Trust promotes financial stability and peace of mind, allowing former employees to focus on their post-career endeavors without the burden of significant healthcare costs. This impact underscores the importance of providing mutual benefits that enhance the retirement experience for those who have contributed to advancements in astronomy and research.




This information is meant to be a general summary of Aura Retiree Health Benefit 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.

Revenue
$149,696 (2022)
Expenses
$199,299 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $143,273
  • Gross Receipts: $15,136,507

Assets and Liabilities:

  • Total Assets: $32,840,468
  • Total Liabilities: $0
  • Net Assets: $32,840,468

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Organization Details

Founding Year

1994

Principal Officer

Barbara Lam

Main Address

1331 PENNSYLVANIA AVENUE NW 1475, WASHINGTON, DC, 20004

NTEE Category

Code: Y40 - Mutual benefit

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