Bellsouth Corporation Rfa Life Veba Trust

Organization Overview

Bellsouth Corporation Rfa Life Veba Trust is located in Dallas, TX. The organization was established in 1990. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bellsouth Corporation Rfa Life Veba Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Bellsouth Corporation Rfa Life Veba Trust generated $70.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $79.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FUND BENEFIT EXPENSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYMENT OF LIFE INSURANCE BENEFIT EXPENSES FOR AT&T, INC. RETIREES AND THEIR DEPENDENTS AS PERMITTED UNDER IRC 501(C)(9).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Att Inc
Benefit Admin
$609,288
State Street Global Advisors
Investment Mgmt Svcs
$203,481
Bank Of New York Mellon
Trustee Fee
$171,875
Bkd Llp
Audit Services
$135,296
Blackrock Inc
Investment Mgmt Svcs
$121,682
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $14,187,455
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $56,306,018
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,772,306

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