Overview
What is American Airlines Inc Health Benefits Trust For Apfa Employees?
American Airlines Inc Health Benefits Trust for APFA Employees is a trust established by American Airlines Inc. Located at DFW Airport, Texas, its primary purpose is to provide health and life benefits to its participating employees. These benefits are funded through employer contributions, employee contributions, and investments. The trust specifically caters to retired employees associated with certain collective bargaining associations, offering them health and life coverage.
Is American Airlines Inc Health Benefits Trust For Apfa Employees legitimate?
American Airlines Inc Health Benefits Trust For Apfa Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Airlines Inc Health Benefits Trust For Apfa 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: $1,205
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 Apfa Employees?
The American Airlines Inc Health Benefits Trust for APFA Employees has established a mission to provide health and life coverage for retired employees, as per certain collective bargaining associations. This is achieved through the funding of health and life benefits for plan participants. The benefits are financed by contributions from both the employer and employees, or a combination of these two, along with earnings from the investment assets held by the trust. The trust aims to ensure the well-being of retired employees by providing them with essential health and life benefits.
Who is the CEO of American Airlines Inc Health Benefits Trust For Apfa Employees?
Lekresa Brown is the Principal Officer of American Airlines Inc Health Benefits Trust For Apfa Employees.
What is the revenue of American Airlines Inc Health Benefits Trust For Apfa Employees?
American Airlines Inc Health Benefits Trust For Apfa Employees's revenue in 2022 was $48,368.
Who are the executives of American Airlines Inc Health Benefits Trust For Apfa Employees and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,205
- Related: $0
- Other: $0
Where can I find the form 990 for American Airlines Inc Health Benefits Trust For Apfa Employees?
American Airlines Inc Health Benefits Trust For Apfa 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 Apfa Employees
The American Airlines Inc Health Benefits Trust for APFA Employees is committed to providing health and life benefits to its participating retirees. This organization, established through certain collective bargaining associations, aims to cater to the health and life coverage needs of retired employees from American Airlines Inc. The benefits offered are funded through a combination of employer contributions, employee contributions, and the earnings derived from the investment assets held by the trust. The trust's primary mission is to ensure the payment of these vital benefits, contributing significantly to the financial and health security of its retiree participants.
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Impact
October, 2024
The American Airlines Inc Health Benefits Trust for APFA Employees plays a crucial role in providing health and life benefits to plan participants, primarily retired employees of American Airlines. By offering a structured way to fund these essential benefits, the trust supports the well-being of its members during retirement, ensuring they have access to necessary healthcare and life insurance coverage.
Benefits are funded through a combination of employer and employee contributions, along with the earnings generated from the investment assets held by the trust. This financial framework not only provides security for retired employees but also fosters a sense of stability and assurance that their health and life needs will be taken care of after their careers with American Airlines.
The mission of the trust reflects a commitment to supporting retirees through collective bargaining agreements, thereby delivering on its promise to enhance the quality of life for those who have dedicated their careers to the airline industry. The trust's operations in DFW Airport, TX, emphasize its local impact on the community and its significance to the workforce connected with American Airlines.
This information is meant to be a general summary of American Airlines Inc Health Benefits Trust For Apfa 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: $48,368
- Gross Receipts: $48,368
Assets and Liabilities:
- Total Assets: $1,235,302
- Total Liabilities: $0
- Net Assets: $1,235,302
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Organization Details
Founding Year
2001
Phone
(682) 278-0383Principal Officer
Lekresa Brown
Main Address
PO Box 619616 Mail Drop 8A202, DFW Airport, TX, 75261
NTEE Category
Code: Y43 - Mutual benefit
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