Overview
What is American Airlines Inc Health Benefits Trust For Non-Union Employees?
American Airlines Inc Health Benefits Trust for Non-Union Employees is a charitable organization, specifically designed to manage and distribute health and life benefits for employee groups participating in the plan. Funding for these benefits comes from employer contributions, employee contributions, and earnings generated by the trust's investment assets. The trust's primary mission is to provide financial support for health benefits to those enrolled in the plan, as outlined by the American Airlines, Inc. Health and Life Plan for Retirees, which offers benefits to retired employees.
Is American Airlines Inc Health Benefits Trust For Non-Union Employees legitimate?
American Airlines Inc Health Benefits Trust For Non-Union Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Airlines Inc Health Benefits Trust For Non-Union Employees 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: $1,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Airlines Inc Health Benefits Trust For Non-Union Employees?
The American Airlines Inc Health Benefits Trust for Non-Union Employees has a mission to provide health and life benefits to its participating employee groups. This is achieved through the establishment of the American Airlines, Inc. Health and Life Plan for Retirees, which is funded by a combination of employer contributions, employee contributions, and earnings from the investment assets of the trust. The company's goal is to ensure the payment of medical and life benefits to its retirees, thereby providing them with financial security and peace of mind in their post-employment years.
Who is the CEO of American Airlines Inc Health Benefits Trust For Non-Union Employees?
Lekresa Brown is the Principal Officer of American Airlines Inc Health Benefits Trust For Non-Union Employees.
What is the revenue of American Airlines Inc Health Benefits Trust For Non-Union Employees?
American Airlines Inc Health Benefits Trust For Non-Union Employees's revenue in 2022 was $117,836.
Who are the executives of American Airlines Inc Health Benefits Trust For Non-Union Employees and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,269
- Related: $0
- Other: $0
Where can I find the form 990 for American Airlines Inc Health Benefits Trust For Non-Union Employees?
American Airlines Inc Health Benefits Trust For Non-Union Employees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Airlines Inc Health Benefits Trust For Non-Union Employees
American Airlines Inc Health Benefits Trust for Non-Union Employees is committed to providing health and life benefits for its participating employee groups. This trust has been established and adopted by the company to ensure the financial support for medical and life-related expenses for its retired employees. The benefits offered by this trust are funded through a combination of employer contributions, employee contributions, and the earnings generated from the investment assets of the trust.
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Impact
October, 2024
The American Airlines Inc Health Benefits Trust For Non-Union Employees plays a crucial role in supporting the health and well-being of its retired employees. By providing medical and life benefits, the Trust ensures that plan participants have access to essential healthcare services and financial support during retirement. This fosters a sense of security among retirees, allowing them to focus on their well-being without the added stress of medical expenses.
The Trust is primarily funded through employer and employee contributions, which, alongside earnings from investment assets, enables the provision of these benefits. By managing these funds effectively, the Trust can maintain a sustainable system that adapts to the changing needs of its participants.
Furthermore, the establishment of this Trust reflects American Airlines’ commitment to its workforce, highlighting the importance of supporting employees beyond their tenure with the company. This commitment can enhance employee morale and loyalty, leading to a positive impact on the company’s culture and reputation. Overall, the Trust’s operations contribute significantly to the financial stability and quality of life for its retired staff, reinforcing the mutual benefits ethos that underpins its mission.
This information is meant to be a general summary of American Airlines Inc Health Benefits Trust For Non-Union Employees. 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: $117,836
- Gross Receipts: $676,115
Assets and Liabilities:
- Total Assets: $3,754,504
- Total Liabilities: $0
- Net Assets: $3,754,504
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Organization Details
Founding Year
1990
Phone
(682) 278-0383Principal Officer
Lekresa Brown
Main Address
PO Box 619616 Mail Drop 8A202, DFW Airport, TX, 75261
NTEE Category
Code: Y40 - Mutual benefit
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