Bellsouth Corporation Rfa Life Veba Trust

Bellsouth Corporation Rfa Life Veba Trust 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.

For the year ending 12/2019, Bellsouth Corporation Rfa Life Veba Trust generated $232.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $67.9m during the year ending 12/2019. While expenses have increased by 1.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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

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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Bellsouth Corporation Rfa Life Veba Trust Vendors

Vendor Name (Service)Compensation
Att Inc
Benefit Admin
$419,689
Bank Of New York Mellon
Trustee Fee
$218,750
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 $22,402,792
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $210,028,747
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $232,669,614

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