Federal Express Corporation Welfare Benefits Trust

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

EIN: 363282351 ✦ Collierville, TN ✦ Designated as a 501(c)(9)

Overview

What is Federal Express Corporation Welfare Benefits Trust?

The Federal Express Corporation Welfare Benefits Trust, based in Collierville, Tennessee, serves as a trust that provides disability payments to eligible employees of Federal Express Corporation. Established with the primary purpose of accomplishing this mission, the Trust offers both short-term and long-term disability benefits. The Trust's operations are located at 70 FedEx Parkway 2nd Floor Vertical in Collierville, Tennessee, with a ZIP code of 38017.


Is Federal Express Corporation Welfare Benefits Trust legitimate?

Federal Express Corporation Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Federal Express Corporation Welfare 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $435
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Federal Express Corporation Welfare Benefits Trust?
Who is the CEO of Federal Express Corporation Welfare Benefits Trust?
What is the revenue of Federal Express Corporation Welfare Benefits Trust?
Who are the executives of Federal Express Corporation Welfare Benefits Trust and what are their salaries?
Where can I find the form 990 for Federal Express Corporation Welfare Benefits Trust?

Mission Statement of Federal Express Corporation Welfare Benefits Trust

The Federal Express Corporation Welfare Benefits Trust is a charitable trust dedicated to providing disability payments to eligible employees. This trust, a mission-driven organization, focuses on offering financial assistance to employees who face short-term and long-term disabilities. By doing so, it aims to ease their financial burdens during challenging times and help them focus on their recovery.

In detail, the Federal Express Corporation Welfare Benefits Trust is committed to fulfilling its primary purpose through expenses related to disability payments. By offering these benefits, the Trust demonstrates its dedication to the wellbeing of its employees and their families. This commitment not only helps alleviate the financial stress that comes with a disability but also enables individuals to focus on their recovery, ultimately improving their overall quality of life.

The Federal Express Corporation Welfare Benefits Trust plays a significant role in providing essential support to its employees during their times of need. By offering short-term and long-term disability payments, the Trust fosters a sense of security and stability, ensuring that those who are unable to work due to injury or illness can still provide for themselves and their loved ones. This assistance not only helps employees maintain their financial footing but also allows them to focus on their recovery and eventual return to work.

Impact

This information is meant to be a general summary of Federal Express Corporation Welfare Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of the Federal Express Corporation Welfare Benefits Trust is significant in providing short and long-term disability payments to eligible employees. By offering these benefits, the trust plays a crucial role in supporting the well-being and financial security of workers who may face disabilities that impact their ability to work. This assistance not only supports individual employees but also contributes to a more inclusive and supportive workplace environment within the organization. The trust's mission to provide disability payments aligns with its primary exempt purpose and demonstrates a commitment to providing mutual benefits to employees in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $728
  • Program Service Revenue: $82,139,232
  • Gross Receipts: $82,936,752

    • Assets and Liabilities:
  • Total Assets: $1,372,581
  • Total Liabilities: $2,408,868
  • Net Assets: -$1,036,287
  • Programs

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

    SPONSOR CONTRIBUTIONS

    Revenue

    $82,139,232

    Organization Details

    Founding Year

    1978

    Principal Officer

    David Salerno

    Main Address

    70 FEDEX PARKWAY 2ND FLOOR VERTICAL, COLLIERVILLE, TN, 38017

    NTEE Category

    Code: Y40 - Mutual benefit

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