Overview
What is Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
The Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan is a nonprofit initiative as outlined in a collective bargaining agreement. Its primary objective is to offer eligible retired pilots and their spouses financial assistance by reimbursing the premiums paid towards specific medicare plans. Additionally, this plan grants access to a group dental plan beyond the age of 65. By adhering to this agreement, the program ensures that eligible pilots and their spouses receive necessary financial support in managing their healthcare expenses during their post-retirement years.
Is Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan legitimate?
Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan 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: $29,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
This plan, known as the Fedex Pilots Post-Medicare Retiree Premium Reimbursement, is designed to support eligible retired pilots and their spouses. As per the collective bargaining agreement, it offers a reimbursement for premiums paid towards certain Medicare plans. The aim is to alleviate the financial burden of Medicare expenses for the retired pilots and their spouses. Moreover, the plan provides access to a post-age 65 group dental plan, ensuring continued dental coverage for the retirees. The reimbursement plan and dental coverage are crucial benefits for the retired pilots and their spouses, enhancing their overall well-being in their post-career years.
Who is the CEO of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
Catherine Powers is the Asst. Director, Representation of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan.
What is the revenue of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan's revenue in 2022 was $16,805,723.
Who are the executives of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $389,181
- Other: $46,387
- Compensation: $224,516
- Related: $0
- Other: $0
- Compensation: $12,101
- Related: $0
- Other: $0
- Compensation: $12,101
- Related: $0
- Other: $0
- Compensation: $0
- Related: $6,040
- Other: $0
- Compensation: $5,599
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan
The Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan is a mission-driven organization that focuses on supporting eligible retired pilots and their spouses by providing a reimbursement for premiums paid towards certain Medicare plans. This initiative, which stems from a collective bargaining agreement, aims to ease the financial burden of healthcare costs for these individuals during their post-retirement years.
Through this Plan, eligible pilots and their spouses receive a much-needed financial assistance in the form of premium reimbursements for their Medicare plans. This vital benefit not only ensures these retirees have access to essential healthcare services but also enables them to maintain their financial stability during their golden years. By offering this reimbursement, the Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan demonstrates its commitment to the well-being and care of its retirees, providing them with peace of mind and security.
Moreover, the Plan goes above and beyond by offering eligible retirees access to a post-age 65 group dental plan. This additional benefit ensures that retirees continue to have comprehensive dental coverage, which is crucial for overall health and well-being. With these two essential benefits, the Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan ensures that its retirees have access to affordable healthcare services, allowing them to live their post-retirement years with confidence and dignity.
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Impact
October, 2024
The FedEx Pilots Post-Medicare Retiree Premium Reimbursement Plan significantly impacts eligible retired pilots and their spouses by alleviating the financial burden associated with healthcare premiums in their retirement years. By offering reimbursement for premiums paid to certain Medicare plans, the program ensures that retirees can maintain access to essential health services without the stress of high costs. This support is particularly crucial for managing healthcare expenses, which often rise with age.
Additionally, the plan provides access to a group dental plan tailored for individuals over 65, further enhancing healthcare options for retirees. This feature addresses a common gap in post-retirement healthcare by ensuring coverage for dental services, which can be critical for maintaining overall health.
The structure of the plan, rooted in a collective bargaining agreement, underscores the commitment to support pilots and their spouses after their retirement. By prioritizing their health and financial wellbeing, the plan contributes to a sense of security and peace of mind for those who have dedicated their careers to aviation. Overall, this initiative fosters a supportive environment that recognizes the ongoing needs of retirees in managing their healthcare.
This information is meant to be a general summary of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan. 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: $8,763,907
- Program Service Revenue: $8,041,816
- Gross Receipts: $19,346,080
Assets and Liabilities:
- Total Assets: $155,133,479
- Total Liabilities: $84,264
- Net Assets: $155,049,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,041,816
Organization Details
Founding Year
2007
Phone
(703) 689-4132Principal Officer
Catherine Powers
Main Address
7950 JONES BRANCH DRIVE Suite 400S, MCLEAN, VA, 22102
NTEE Category
Code: Y43 - Mutual benefit
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