United Airlines Pilot Retiree Health Account Plan

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

EIN: 900166428 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is United Airlines Pilot Retiree Health Account Plan?

The United Airlines Pilot Retiree Health Account Plan is a welfare benefits program aimed at reimbursing eligible medical expenses for participants and their beneficiaries. Based in Chicago, Illinois, the plan offers healthcare support to those connected to United Airlines as pilots who have retired. This nonprofit organization ensures that retirees and their dependents receive necessary medical benefits, contributing significantly to their overall well-being.

Is United Airlines Pilot Retiree Health Account Plan legitimate?

United Airlines Pilot Retiree Health Account Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Airlines Pilot Retiree Health Account 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 tax deductible.


Heare 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 United Airlines Pilot Retiree Health Account Plan?

The United Airlines Pilot Retiree Health Account Plan is dedicated to providing welfare benefits for its participants and their beneficiaries. This mission is carried out through the reimbursement of eligible medical expenses incurred by them. The primary objective of this plan is to ensure the health and well-being of its members by offering essential healthcare benefits. This includes covering various medical costs to help alleviate the financial burden of healthcare expenses. By providing these benefits, the plan aims to bring peace of mind to its participants and their families, allowing them to focus on their health and well-being. The plan's commitment to healthcare reimbursement is a testament to its dedication to the well-being of its members.

Who is the CEO of United Airlines Pilot Retiree Health Account Plan?

Richard Mayes is the Trustee of United Airlines Pilot Retiree Health Account Plan.

What is the revenue of United Airlines Pilot Retiree Health Account Plan?

United Airlines Pilot Retiree Health Account Plan's revenue in 2022 was $200,911,116.

Who are the executives of United Airlines Pilot Retiree Health Account Plan and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for United Airlines Pilot Retiree Health Account Plan?

United Airlines Pilot Retiree Health Account Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of United Airlines Pilot Retiree Health Account Plan

The United Airlines Pilot Retiree Health Account Plan is a mission-driven organization committed to providing welfare benefits and reimbursements for eligible medical expenses incurred by its participants and their beneficiaries. In simpler terms, this health account plan prioritizes the well-being of its retiree members and their dependents, offering financial assistance in covering their medical costs.

Through its robust services, the United Airlines Pilot Retiree Health Account Plan strives to alleviate the financial burden of healthcare expenses for its retiree population. By reimbursing eligible medical bills, the organization ensures its members can focus on their health without worrying about the associated costs. The plan's dedication to its participants extends beyond just medical coverage, as it is designed to enhance their overall quality of life during their retirement years.

The United Airlines Pilot Retiree Health Account Plan plays a crucial role in safeguarding the well-being of its retirees by assuming a significant portion of their healthcare expenses. This support not only improves their access to necessary medical services but also brings peace of mind and financial security, allowing them to enjoy their retirement years with confidence and comfort.

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Impact




October, 2024

The United Airlines Pilot Retiree Health Account Plan significantly impacts the financial and health well-being of retired pilots and their beneficiaries. By providing reimbursements for eligible medical expenses, the plan helps mitigate the rising costs of healthcare, ensuring that participants have access to necessary medical services without the burden of overwhelming expenses. This support is crucial for retirees, who may be on a fixed income and face unique health challenges.

The plan's focus on welfare benefits fosters a sense of security and peace of mind for retired pilots, allowing them to focus on their health and well-being during retirement. Additionally, by facilitating access to healthcare, the program contributes to a healthier community, which can lead to improved longevity and quality of life for participants and their families. Overall, the United Airlines Pilot Retiree Health Account Plan plays a vital role in enhancing the retiree experience and ensuring that former pilots receive the necessary support for their healthcare needs.




This information is meant to be a general summary of United Airlines Pilot Retiree Health Account Plan. 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
$200,911,116 (2022)
Expenses
$133,781,252 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,269,065
  • Program Service Revenue: $187,642,051
  • Gross Receipts: $407,492,945

Assets and Liabilities:

  • Total Assets: $621,757,461
  • Total Liabilities: $0
  • Net Assets: $621,757,461

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$187,642,051

Organization Details

Founding Year

2013

Principal Officer

Richard Mayes

Main Address

PO BOX 06649 WHQHR, CHICAGO, IL, 606060649

NTEE Category

Code: Y44 - Mutual benefit

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