Retiree Health Trust Fbo United Auto Workers Retirees

Organization Overview

Retiree Health Trust Fbo United Auto Workers Retirees is located in Richmond Hts, OH. The organization was established in 1988. 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. Retiree Health Trust Fbo United Auto Workers Retirees 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, Retiree Health Trust Fbo United Auto Workers Retirees generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. 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 PROVIDE HEALTH AND DEATH BENEFITS TO RETIREES OF ALLIS-CHALMERS CORPORATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HEALTH BENEFITS AND DEATH BENEFITS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Benefits Administrative Services Co
Benefits Admin.
$261,022
Cds Administrators
Contract Admin.
$104,069
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$155,656
Investment income $287,568
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $57,538
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,212,266

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