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Nonprofit · EIN 20-8247963

FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS

Tax-exempt · COLLIERVILLE, TN 38017

Financials

$107K$1.1M2023$60K$878K2024
Revenue Expenses · by fiscal year end
Financials of FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$60,120$878,340-$818,220$7,776,538$28,405$7,748,133
December 31, 2023990$107,481$1,072,611-$965,130$8,589,508$23,155$8,566,353
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$57,577
Other revenue
$2,543

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$855,730
Compensation of officers, directors and key employees
$22,610
Salaries, compensation and benefits (total)
$22,610
Professional fundraising fees
$0
Program services (functional)
$855,730
Management and general (functional)
$22,610

Balance sheet and other

Total assets, start of year
$8,589,508
Total assets, end of year
$7,776,538
Total liabilities, end of year
$28,405
Net assets, end of year
$7,748,133
Net assets without donor restrictions
$7,748,133
Gross receipts
$60,120
Employees
0
Volunteers
0
Year formed
1978
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
MATRIX TRUSTINSTITUTIONAL TRUSTEE
Institutional trustee
0$22,610$32,928
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
MATRIX TRUSTINSTITUTIONAL TRUSTEE
Institutional trustee
0$51,409

Address and contacts

Address (IRS master file)
70 FEDEX PARKWAY SUITE 2ND FLR, COLLIERVILLE, TN 38017-8711
In care of
% FEDERAL EXPRESS CORP
Principal officer (990 for 2024)
DIANE HICKS, 717 17th STREET, DENVER, CO 80202
Signed the 990
DIANE HICKS, TRUST OFFICER
Phone
(901) 291-3650
Return prepared by
PwC US Tax LLP

Mission

THIS FEDERAL EXPRESS CORPORATION TRUST PROVIDES A HEALTH REIMBURSEMENT PROGRAM FOR RETIRED PILOTS FOR THEIR ELIGIBLE MEDICAL EXPENSES.

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENSES RELATED TO THE ACCOMPLISHMENT OF THE TRUST'S PRIMARY EXEMPT PURPOSE.
    Expenses $855,730

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8247963
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,776,538
Income (IRS master file)
$60,120

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$60,120$878,340$7,776,538XML
990December 2023$107,481$1,072,611$8,589,508XML
990December 2022$84,902$1,280,660$9,531,483IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8247963).

Questions about FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS

What is the EIN of FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS?
The employer identification number (EIN) of FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS is 20-8247963.
Is FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2008.
Are donations to FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS?
The 990 for the year ended December 31, 2024 names DIANE HICKS.
Who are the officers and directors of FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $22,610 (MATRIX TRUST, INSTITUTIONAL TRUSTEE).
How much revenue does FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $60,120, expenses of $878,340 and total assets of $7,776,538 at year end.

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