Retirees Of The Goodyear Tire & Rubber Company Health Care Tr

Organization Overview

Retirees Of The Goodyear Tire & Rubber Company Health Care Tr is located in Pittsburgh, PA. The organization was established in 2009. 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. Retirees Of The Goodyear Tire & Rubber Company Health Care Tr 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, Retirees Of The Goodyear Tire & Rubber Company Health Care Tr generated $182.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $155.3m 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

THE FUND OPERATES AS A TRUST TO PROVIDE CERTAIN HEALTH BENEFITS TO CURRENT AND FUTURE GOODYEAR RETIREES FOLLOWING EMPLOYMENT IN USW-REPRESENTED BARGAINING UNITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MANAGES THE PROVISION OF MEDICAL, HOSPITAL, SURGICAL, MAJOR MEDICAL, DENTAL AND PRESCRIPTION PLAN FOR CURRENT AND FUTURE RETIREES OF GOODYEAR TIRE & RUBBER COMPANY AND TO THEIR BENFICIARIES AND COVERED DEPENDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas F Duzak
Chairman/committee Member
$35,644
Jeffrey Lewis
Secretary/committee Member
$28,515
Hazel Broadnax
Committee Member
$28,515
Teresa Ghilarducci
Committee Member
$28,515
Ted Nelson
Committee Member
$28,515
Paul Whitehead
Committee Member
$28,515

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Highmark Inc
Administration Svcs
$1,215,821
Cds Administrators Inc
Contract Admin
$931,396
Silverscript Cvs Caremark
Administration Svcs
$913,296
Loomis Sayles
Investment Manager
$347,855
State Street Global Advisors
Custodian Fees
$268,082
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$78,770,358
Investment income $15,460
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $24,284,315
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $182,483,596

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