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Southwest Airlines Employees Catastrophic Assistance Charity

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

EIN: 742560111 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

Overview

What is Southwest Airlines Employees Catastrophic Assistance Charity?

Southwest Airlines Employees Catastrophic Assistance Charity is a nonprofit organization, headquartered in Dallas, Texas, that extends financial aid to employees of Southwest Airlines Co. and its subsidiaries. The charity offers direct financial assistance to those facing severe financial hardships due to unexpected medical or personal emergencies. These circumstances often surpass an individual's ability to prepare through responsible financial planning or budgeting. In 2022, the charity disbursed a significant sum of $2,387,772 to aid eligible employees in need. The charity's mission is to provide support and alleviate financial strain during challenging times, thereby contributing to the well-being of Southwest Airlines' workforce.


Is Southwest Airlines Employees Catastrophic Assistance Charity legitimate?

Southwest Airlines Employees Catastrophic Assistance Charity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Airlines Employees Catastrophic Assistance Charity 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.

Here 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 Southwest Airlines Employees Catastrophic Assistance Charity?
Who is the CEO of Southwest Airlines Employees Catastrophic Assistance Charity?
What is the revenue of Southwest Airlines Employees Catastrophic Assistance Charity?
Who are the executives of Southwest Airlines Employees Catastrophic Assistance Charity and what are their salaries?
Where can I find the form 990 for Southwest Airlines Employees Catastrophic Assistance Charity?

Mission Statement of Southwest Airlines Employees Catastrophic Assistance Charity

The Southwest Airlines Employees Catastrophic Assistance Charity is a nonprofit organization that plays a crucial role in supporting the employees of Southwest Airlines Co. and its subsidiaries. In the face of severe financial hardship, often arising from unexpected catastrophic events such as medical emergencies or personal crises, this charity extends a helping hand. It is not reasonable to anticipate or prepare for such situations through typical financial planning or budgeting, making the charity's assistance invaluable. The Southwest Airlines Employees Catastrophic Assistance Charity aims to alleviate the financial burdens of its beneficiaries, providing them with the necessary assistance to navigate through these challenging times.

Impact

This information is meant to be a general summary of Southwest Airlines Employees Catastrophic Assistance Charity. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Southwest Airlines Employees Catastrophic Assistance Charity has made a significant impact by providing $2,387,772 in direct financial assistance to employees of Southwest Airlines Co. and its subsidiaries in 2022. This assistance has helped employees facing severe financial hardship due to catastrophic events in their lives, such as emergency medical situations or personal crises. By offering this support, the charity has been able to ensure that employees facing unexpected challenges receive the help they need during difficult times.





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: $208,039
  • Program Service Revenue: $0
  • Gross Receipts: $1,408,008

    • Assets and Liabilities:
  • Total Assets: $21,032,021
  • Total Liabilities: $0
  • Net Assets: $21,032,021
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Colleen Russell

    Main Address

    PO Box 36611 HDQ-1CA, Dallas, TX, 75235

    NTEE Category

    Code: T990 - Philanthropy

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