Traffic Controllers Benefits Trust

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

EIN: 906258069 ✦ Long beach, CA ✦ Designated as a 501(c)(9)

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Overview

What is Traffic Controllers Benefits Trust?

Traffic Controllers Benefits Trust is a nonprofit organization that prioritizes the well-being of eligible employees and their dependents. Their primary mission is to offer comprehensive health benefits, encompassing medical, dental, chiropractic, and vision coverage. Furthermore, they provide life insurance benefits for all covered employees. These insurance plans are financially supported by insurance contracts procured by the trust. In essence, the Traffic Controllers Benefits Trust is dedicated to ensuring the health and financial security of its participants and their families.

Is Traffic Controllers Benefits Trust legitimate?

Traffic Controllers Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Traffic Controllers Benefits Trust 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 Traffic Controllers Benefits Trust?

The Traffic Controllers Benefits Trust's mission is centered around providing health benefits for its participants and their dependents. This includes coverage for medical, dental, chiropractic, and vision needs. In addition, eligible employees of the associated employer are offered life insurance benefits. The insurance products are funded through contracts purchased by the plan, ensuring the provision of health benefits for the participants and their covered dependents.

Who is the CEO of Traffic Controllers Benefits Trust?

Fernando Soriano is the Trustee of Traffic Controllers Benefits Trust.

What is the revenue of Traffic Controllers Benefits Trust?

Traffic Controllers Benefits Trust's revenue in 2020 was $2,838,998.

Who are the executives of Traffic Controllers Benefits Trust and what are their salaries?


Here are 2 key members and their salaries:


Inga O'Donnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Soriano (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Traffic Controllers Benefits Trust?

Traffic Controllers Benefits Trust's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Traffic Controllers Benefits Trust

Traffic Controllers Benefits Trust is an organization dedicated to providing health benefits for its participants and their dependent family members. This nonprofit entity's mission is to ensure that eligible employees and their dependents have access to comprehensive health coverage, including medical, dental, chiropractic, and vision services. In addition to health benefits, the Trust also offers life insurance coverage to all covered employees, further safeguarding their well-being. The financial backing for these insurance products comes from insurance contracts that the Trust purchases. In essence, the Traffic Controllers Benefits Trust serves as a vital safety net, providing essential health and life insurance benefits to its participants and their families.

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Impact




October, 2024

Traffic Controllers Benefits Trust plays a crucial role in enhancing the well-being of its participants and their families by providing essential health benefits. By offering comprehensive medical, dental, chiropractic, and vision coverage, the Trust ensures that eligible employees and their dependents have access to vital healthcare services. Additionally, covered employees benefit from life insurance, providing extra financial security for their loved ones.

This initiative not only supports individual health needs but also fosters a healthier workforce overall. The Trust is grounded in a mission to deliver quality health benefits that promote the welfare of employees, contributing to their peace of mind and enhancing their productivity. Through carefully purchased insurance contracts, the Traffic Controllers Benefits Trust effectively manages these benefits, making a significant impact in the Long Beach community and beyond.




This information is meant to be a general summary of Traffic Controllers Benefits Trust. 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
$2,838,998 (2020)
Expenses
$3,003,088 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $2,838,998
  • Gross Receipts: $2,838,998

Assets and Liabilities:

  • Total Assets: $13,736
  • Total Liabilities: $0
  • Net Assets: $13,736

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$1,505,481

EMPLOYER CONTRIBUTIONS

Revenue

$1,333,517

Organization Details

Founding Year

2013

Principal Officer

Fernando Soriano

Main Address

4900 AIRPORT PLAZA DR STE 300, LONG BEACH, CA, 90815

NTEE Category

Code: Y43 - Mutual benefit

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