Overview
What is First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree?
First Horizon Corporation Employees' Healthcare & Welfare Trust Retiree is a designated entity that collects both employee and employer contributions towards healthcare benefits. This fund is then disbursed to claims administrators. As a component of First Horizon Corporation, it plays a crucial role in managing healthcare-related finances for its retired employees, ensuring they receive necessary coverage and support.
Is First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree legitimate?
First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree is a legitimate nonprofit organization registered as a 501(c)(9) entity. First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree 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.
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What is the mission statement of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree?
The mission of First Horizon Corporation Employees' Healthcare & Welfare Trust Retiree is centered around collecting both employee and employer contributions for healthcare services. These contributions are then forwarded to claims administrators. In essence, the primary objective is to manage a healthcare fund for retirees, ensuring the necessary financial resources are available for their healthcare needs. By doing so, the trust aims to provide a safety net for the retirees, ensuring they have access to essential healthcare services during their post-employment years.
Who is the CEO of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree?
Kim Anderson is the Trustee of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree.
What is the revenue of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree?
First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree's revenue in 2022 was -$1,976.
Who are the executives of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree and what are their salaries?
There 9 volunteers at First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree.
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Where can I find the form 990 for First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree?
First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree
First Horizon Corporation Employees' Healthcare & Welfare Trust Retiree is an organization dedicated to collecting contributions from both employees and employers for healthcare purposes. Their primary mission is to gather these funds and then remit them to claims administrators. By performing this role, they play a crucial part in ensuring that retirees have access to the healthcare benefits they are entitled to. This function serves as a vital link between the contributors and the administrators responsible for processing and distributing healthcare claims. By facilitating this process, First Horizon Corporation Employees' Healthcare & Welfare Trust Retiree plays a significant role in supporting the healthcare needs of its retiree members.
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Impact
October, 2024
First Horizon Corporation Employees' Healthcare & Welfare Trust Retiree plays a crucial role in managing healthcare benefits for employees of First Horizon Corporation. By collecting contributions from both employees and the employer, the trust ensures that necessary funds are available to cover healthcare costs. This systematic approach not only provides financial stability for retirees relying on these benefits but also fosters a sense of security and well-being among participants.
Operating out of Memphis, TN, the trust focuses on efficiently remitting funds to claims administrators, thereby facilitating the timely processing of healthcare claims. This efficiency enhances the overall experience for those utilizing their healthcare benefits, reducing delays and minimizing potential out-of-pocket expenses for retirees. By maintaining this dedicated focus, the trust not only supports individual health outcomes but also contributes to the overall satisfaction and morale of First Horizon employees, reinforcing the company’s commitment to their welfare.
This information is meant to be a general summary of First Horizon Corporation Employees' Healthcare & Welfare Tr Retiree. 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: -$1,976
- Gross Receipts: $178,626
Assets and Liabilities:
- Total Assets: $48
- Total Liabilities: $4,210
- Net Assets: -$4,162
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Organization Details
Founding Year
1992
Phone
(901) 523-5909Principal Officer
Kim Anderson
Main Address
PO BOX 84, MEMPHIS, TN, 381018462
NTEE Category
Code: Y40 - Mutual benefit
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