Overview
What is American Airlines Inc Ltd Plan Trust?
American Airlines Inc Ltd Plan Trust is a nonprofit entity dedicated to providing long-term disability benefits for selected employees of American Airlines. The trust, which is based in Texas, is funded through employee contributions, as well as the earnings of its investment assets. The primary mission of the Trust is to ensure the well-being of its employees by offering them financial support during prolonged periods of disability. The Trust was established in accordance with a trust agreement executed on December 5, 1983, and remains in operation to continue fulfilling this purpose.
Is American Airlines Inc Ltd Plan Trust legitimate?
American Airlines Inc Ltd Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Airlines Inc Ltd Plan 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Airlines Inc Ltd Plan Trust?
The American Airlines Inc Ltd Plan Trust is dedicated to providing long-term disability benefits for select employees. The organization desires to carry on with the trust established in 1983 through a trust agreement. Their primary objective is to ensure the welfare of their employees by administering employee benefit plans, which include long-term disability coverage. Funding for these benefits comes from the contributions of employees, complemented by the earnings from the trust's investment assets.
Who is the CEO of American Airlines Inc Ltd Plan Trust?
Lekresa Brown is the Principal Officer of American Airlines Inc Ltd Plan Trust.
What is the revenue of American Airlines Inc Ltd Plan Trust?
American Airlines Inc Ltd Plan Trust's revenue in 2022 was $17,926,211.
Who are the executives of American Airlines Inc Ltd Plan Trust and what are their salaries?
- State Street Bank Trust Co (Trustee (See Schedule O))
Where can I find the form 990 for American Airlines Inc Ltd Plan Trust?
The American Airlines Inc Ltd Plan Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of American Airlines Inc Ltd Plan Trust
The American Airlines Inc Ltd Plan Trust is a dedicated entity that focuses on administering long-term disability benefits for its eligible employees. Established through a trust agreement executed on December 5, 1983, the organization takes pride in maintaining various welfare benefit plans to ensure the financial security of its employees during times of disability.
In providing long-term disability benefits, the Trust plays a vital role in safeguarding the well-being and financial stability of its employee participants. Funded by a combination of employee contributions and the earnings of the Trust's investment assets, the benefits offered by American Airlines Inc Ltd Plan Trust serve as a crucial safety net for those in need. By assuming this role, the Trust demonstrates a strong commitment to fostering the overall well-being and financial security of its employee base.
Impact
This information is meant to be a general summary of American Airlines Inc Ltd Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
American Airlines Inc Ltd Plan Trust's impact is significant as it provides long-term disability benefits to its employee plan participants. The trust, funded by employee contributions and investment assets, ensures the welfare and financial security of certain employees of the company. By maintaining and continuing this trust, American Airlines Inc Ltd Plan Trust plays a crucial role in supporting its employees during times of need, thereby contributing to their overall well-being and livelihood.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$5,871,991
Organization Details
Founding Year
1983
Phone
(682) 278-0383
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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