American Airlines Inc Supplemental Medical Benefits Trust (Cba)

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

EIN: 756497953 ✦ Dfw airport, TX ✦ Designated as a 501(c)(9)

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Overview

What is American Airlines Inc Supplemental Medical Benefits Trust (Cba)?

American Airlines Inc Supplemental Medical Benefits Trust (CBA) is a supplemental medical plan established by American Airlines Group subsidiaries for their employees and certain former employees. This trust provides additional medical expense benefits to participants who have exhausted their primary medical benefits, funding these benefits through employee contributions and investment earnings. The trust's main purpose is to provide financial support during healthcare-related expenses, ensuring continued access to necessary medical care for its participants.

Is American Airlines Inc Supplemental Medical Benefits Trust (Cba) legitimate?

American Airlines Inc Supplemental Medical Benefits Trust (Cba) is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Airlines Inc Supplemental Medical Benefits Trust (Cba) 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: $1,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Airlines Inc Supplemental Medical Benefits Trust (Cba)?

The American Airlines Inc Supplemental Medical Benefits Trust (CBA) maintains a supplemental medical plan, serving employees from participating American Airlines Group subsidiaries. This plan is specifically designed for employees and certain former employees, providing additional medical expense benefits for individuals who have exhausted their primary medical benefits. The funding for these benefits comes from employee contributions, either solely or in combination with the investment earnings of the trust. The purpose of this supplemental plan is to offer additional financial assistance during times of extensive medical needs.

Who is the CEO of American Airlines Inc Supplemental Medical Benefits Trust (Cba)?

Lekresa Brown is the Principal Officer of American Airlines Inc Supplemental Medical Benefits Trust (Cba).

What is the revenue of American Airlines Inc Supplemental Medical Benefits Trust (Cba)?

American Airlines Inc Supplemental Medical Benefits Trust (Cba)'s revenue in 2022 was $1,161,083.

Who are the executives of American Airlines Inc Supplemental Medical Benefits Trust (Cba) and what are their salaries?


There is 1 key member and their salary:


State Street Bank Trust Co (Trustee (See Schedule O))
  • Compensation: $1,116
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Airlines Inc Supplemental Medical Benefits Trust (Cba)?

American Airlines Inc Supplemental Medical Benefits Trust (Cba)'s most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Airlines Inc Supplemental Medical Benefits Trust (Cba)

The American Airlines Inc Supplemental Medical Benefits Trust (CBA) is a mission-driven organization that aims to provide supplemental medical benefits to its participants. This company, in collaboration with certain related entities, maintains a supplemental medical plan for employees of participating American Airlines Group subsidiaries. This plan is specifically designed for employees and certain former employees of the company and its related entities who have exhausted their other sponsored medical benefits. The benefits offered by this Supplemental Medical Plan are funded through employee contributions, either individually or combined with the earnings from the investment assets of the Trust. The Trust's primary role is to support these individuals during their health challenges by offering additional medical expense benefits.

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Impact




October, 2024

The American Airlines Inc Supplemental Medical Benefits Trust (CBA) provides crucial financial support for employees and certain former employees who have exhausted their other sponsored medical benefits. This supplemental medical plan acts as a safety net, ensuring that participants can still access necessary medical treatment even after their primary coverage has been depleted.

By funding benefits through employee contributions and investment earnings, the trust helps reduce the financial burden of medical expenses for its members. This is particularly important for those facing significant health issues or high medical costs, as it enables them to receive essential care without the overwhelming stress of financial constraints.

The trust serves a specific demographic of employees within the American Airlines Group and its subsidiaries, fostering a sense of security and mutual benefit among participating individuals. Overall, the impact of this supplemental medical plan enhances the well-being of employees by providing additional support during critical times.




This information is meant to be a general summary of American Airlines Inc Supplemental Medical Benefits Trust (Cba). 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.

Revenue
$1,161,083 (2022)
Expenses
$1,120,961 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,071,420
  • Program Service Revenue: $89,663
  • Gross Receipts: $2,503,030

Assets and Liabilities:

  • Total Assets: $22,538,959
  • Total Liabilities: $0
  • Net Assets: $22,538,959

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYEE CONTRIBUTIONS-RETIREE PREMIUMS

Revenue

$89,663

Organization Details

Founding Year

1990

Principal 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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