Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan

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

EIN: 651297729 ✦ Mclean, VA ✦ Designated as a 501(c)(9)

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $29,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
Who is the CEO of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
What is the revenue of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?
Who are the executives of Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan and what are their salaries?
Where can I find the form 990 for Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan?

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.

Impact

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.




Thursday, August 15, 2024

The impact of the Fedex Pilots Post-Medicare Retiree Premium Reimbursement Plan is significant for eligible retired pilots and their spouses. This plan provides a reimbursement of premiums paid to certain Medicare plans, ensuring that these individuals have financial support for their healthcare expenses after retirement. By offering access to post-age 65 group dental plans as well, the plan enhances the overall well-being and quality of life for retired pilots and their families. The existence of this plan demonstrates the commitment of the organization to support its retired employees and ensure they have access to necessary healthcare benefits.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

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
  • 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

    Principal Officer

    Catherine Powers

    Main Address

    7950 JONES BRANCH DRIVE Suite 400S, MCLEAN, VA, 22102

    NTEE Category

    Code: Y43 - Mutual benefit

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