Kraft Foods Global Inc Retiree Health And Life Benefit Tr

Kraft Foods Global Inc Retiree Health And Life Benefit Tr Overview

Kraft Foods Global Inc Retiree Health And Life Benefit Tr is located in Chicago, IL. The organization was established in 2013. 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.

For the year ending 12/2019, Kraft Foods Global Inc Retiree Health And Life Benefit Tr generated $61.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $138.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE RETIREE BENEFITS UNDER THE KRAFT HEINZ COMPANY RETIREE HEALTH AND WELFARE BENEFITS PLAN.


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Kraft Foods Global Inc Retiree Health And Life Benefit Tr Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$19,262
Employee Benefits Admin Board
Trustee
$0

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$18,220,458
Investment income $32,577,398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,421,670
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,219,526

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