Overview
What is Bellsouth Corp Health Care Trust - Retirees?
The Bellsouth Corp Health Care Trust - Retirees is a charitable entity headquartered in Room 1825, 208 S Akard Street, Dallas, Texas 75202. Its primary mission encompasses providing financial support for medical benefit expenses of retired employees from AT&T Inc. and their dependents, in accordance with Internal Revenue Code (IRC) 501(c)(9). The trust focuses on funding these expenses to ensure the wellbeing of eligible retirees.
Is Bellsouth Corp Health Care Trust - Retirees legitimate?
Bellsouth Corp Health Care Trust - Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bellsouth Corp Health Care Trust - 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: $59,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bellsouth Corp Health Care Trust - Retirees?
The Bellsouth Corp Health Care Trust for Retirees is dedicated to funding medical benefit expenses. In line with this mission, they provide financial assistance for healthcare costs of AT&T Inc. retirees and their dependents, as permitted under IRC 501(c)(9). Their primary goal is to ensure the wellbeing of retired employees by easing the financial burden of medical expenses. Through this initiative, they contribute significantly to the health and overall well-being of the beneficiaries. The trust's focus on medical benefit expenses aligns with its commitment to improving the lives of those who have retired from AT&T Inc.
Who is the CEO of Bellsouth Corp Health Care Trust - Retirees?
Ingrid Berner is the Trustee of Bellsouth Corp Health Care Trust - Retirees.
What is the revenue of Bellsouth Corp Health Care Trust - Retirees?
Bellsouth Corp Health Care Trust - Retirees's revenue in 2022 was $113,008,832.
Who are the executives of Bellsouth Corp Health Care Trust - Retirees and what are their salaries?
There is 1 key member and their salary:
- Compensation: $59,583
- Related: $0
- Other: $0
Where can I find the form 990 for Bellsouth Corp Health Care Trust - Retirees?
Bellsouth Corp Health Care Trust - Retirees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bellsouth Corp Health Care Trust - Retirees
The Bellsouth Corp Health Care Trust-Retirees is a charitable entity devoted to funding medical benefit expenses for eligible retirees and their dependents of AT&T Inc. In adherence to Internal Revenue Code 501(c)(9), this nonprofit organization assumes the financial responsibility for covering the healthcare costs of retired AT&T employees as prescribed in their post-career benefits package.
Through its vital mission, the Bellsouth Corp Health Care Trust-Retirees plays a crucial role in securing the health and well-being of those who have dedicated their professional lives to AT&T Inc. By providing essential medical coverage, this nonprofit organization enables retirees to maintain their quality of life and peace of mind in their golden years. This commitment to supporting the healthcare needs of retired employees is an invaluable investment in the long-term happiness and contentment of the individuals who have contributed significantly to the organization's success.
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Impact
October, 2024
Bellsouth Corp Health Care Trust - Retirees plays a crucial role in supporting the health and well-being of AT&T Inc. retirees and their dependents by funding medical benefit expenses. This financial assistance alleviates the burden of healthcare costs, ensuring access to necessary medical services for those who have dedicated their careers to the company. By committing resources to these benefits, the Trust enhances the quality of life for retirees, allowing them to maintain their health and independence in retirement. It fosters a sense of security among former employees and their families, contributing to their overall well-being and quality of life.
This information is meant to be a general summary of Bellsouth Corp Health Care Trust - 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: -$6,991,288
- Program Service Revenue: $120,000,000
- Gross Receipts: $317,519,432
Assets and Liabilities:
- Total Assets: $125,326,265
- Total Liabilities: $0
- Net Assets: $125,326,265
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$120,000,000
Organization Details
Founding Year
1986
Phone
(214) 486-8949Principal Officer
Ingrid Berner
Main Address
208 S AKARD STREET ROOM 1825, DALLAS, TX, 75202
NTEE Category
Code: Y40 - Mutual benefit
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