Global Aerospace Inc Postretirement Medical Tr
Public records raise at least one point you should look into before giving.
What it says it does
THE TRUST SHALL BE ADMINISTERED FOR THE EXCLUSIVE PURPOSE OF PROVIDING MEDICAL, PRESCRIPTION, VISION, AND DENTAL BENEFITS TO PARTICIPANTS AS PROVIDED IN THE GLOBAL AEROSPACE POST-RETIREMENT MEDICAL PLAN.
- Income
- $187,837
- Spending
- $668,032
- Employees
- 0
- Volunteers
- 6
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- THE TRUST WAS FORMED JANUARY 1, 2017 WITH THE PURPOSE OF PROVIDING MEDICAL, PRESCRIPTION, VISION, AND DENTAL BENEFITS TO PARTICIPANTS OF THE GLOBAL AEROSPACE POSTRETIREMENT MEDICAL PLAN. EXCEPT TO THE EXTENT RECOVERABLE UNDER SECTION 403 OF ERISA, AND SUBJECT TO THE PROVISIONS OF THE PLAN DOCUMENT, THE TRUST ALONG WITH ALL EARNINGS ARE TO BE USED EXCLUSIVELY FOR THE BENEFIT OF THE PLAN PARTICIPANTS, AND EXPENSES OF THE TRUST. FUTURE ACTIVITIES ARE DESCRIBED IN THE PLAN DOCUMENT AS FOLLOWS: THE COMPANY SHALL, FROM TIME TO TIME, EVALUATE THE FUNDING OF THE PLAN AND DETERMINE THE AMOUNT TO BE CONTRIBUTED BY THE COMPANY. THE COMPANY SHALL FUND THE PLAN IN A MANNER CONSISTENT WITH THE PROVISIONS OF THE CODE, ERISA, APPROPRIATE STATE INSURANCE STATUTES AND SUCH OTHER LAWS AND REGULATIONS AS MAY BE APPLICABLE SO THAT THE PLAN SHALL BE FUNDED ON A LAWFUL BASIS. TO THE EXTENT PERMITTED BY GOVERNING LAW, THE COMPANY SHALL BE FREE TO DETERMINE THE MANNER AND MEANS OF MAKING PROVISION FOR FUNDING THE PLAN, INCLUDING THE EXECUTION OF ONE OR MORE FUNDING AGREEMENTS SETTING FORTH MUTUALLY ACCEPTABLE TERMS AND CONDITIONS WITH RESPECT TO THE COMPANY'S CONTRIBUTIONS TO THE PLAN, INCLUDING WITHOUT LIMITATION, PROVISIONS SPECIFYING THE MANNER IN WHICH THE AMOUNT OF THE OBLIGATION SHALL BE DETERMINED AND PAID TO THE TRUST. THE TRUSTEES WILL HOLD, INVEST AND REINVEST THE TRUST FUND ASSETS, AND DISTRIBUTE OR TRANSFER ASSETS OF THE FUND AS DIRECTED BY THE COMPANY OR SERVICE ADMINISTRATOR.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(9) employees' beneficiary association.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(9) employees' beneficiary association as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.