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Nonprofit · EIN 82-6791841

GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR

Also known as JOHN KELLY TTEE

Tax-exempt · MORRIS PLAINS, NJ 07950

Financials

$589K$575K2023$188K$668K2024
Revenue Expenses · by fiscal year end
Financials of GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$187,837$668,032-$480,195$1,952,966$30,133$1,922,833
December 31, 2023990$589,060$575,297$13,763$2,586,501$45,487$2,541,014
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$98,038
Investment income
$89,799
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$2,586,501
Total assets, end of year
$1,952,966
Total liabilities, end of year
$30,133
Net assets, end of year
$1,922,833
Publicly traded securities
$1,662,487
Gross receipts
$187,837
Employees
0
Volunteers
6
Year formed
2017
State of legal domicile
NJ

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 / weekCompensation
JEFFREY BRUNOTRUSTEE/President
Trustee or director, Officer
1$0
Patricia CoughlinTRUSTEE/CHAIR
Trustee or director, Officer
1$0
Alan TaskerTRUSTEE
Trustee or director
1$0
LUANN CENTANNITRUSTEE
Trustee or director
1$0
Nick MethvenTRUSTEE
Trustee or director
1$0
STYLIANOS KOURSARISTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JEFFREY BRUNOTRUSTEE
Trustee or director
1$0
JOHN KELLYTRUSTEE (THROUGH 12/31/23)
Trustee or director
1$0
ANTHONY MOSCHETTATRUSTEE (THROUGH 12/31/23)
Trustee or director
1$0
LUANN CENTANNITRUSTEE
Trustee or director
1$0
STYLIANOS KOURSARISTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
115 TABOR RD STE 3A, MORRIS PLAINS, NJ 07950-2548
Principal officer (990 for 2024)
STYLIANOS KOURSARIS, 115 Tabor Road 3A, Morris Plains, NJ 07950
Signed the 990
Stylianos Koursaris, Trustee
Phone
(973) 490-8500
Return prepared by
Forvis Mazars LLP

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.

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
82-6791841
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,952,966
Income (IRS master file)
$187,837

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$187,837$668,032$1,952,966IRS
990December 2023$589,060$575,297$2,586,501XML
990December 2022$206,313$533,030$2,558,591IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 82-6791841).

Questions about GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR

What is the EIN of GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR?
The employer identification number (EIN) of GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR is 82-6791841.
Is GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2019.
Are donations to GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR 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 GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR 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 GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR 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 GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR?
The 990 for the year ended December 31, 2024 names STYLIANOS KOURSARIS.
Who are the officers and directors of GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does GLOBAL AEROSPACE INC POSTRETIREMENT MEDICAL TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $187,837, expenses of $668,032 and total assets of $1,952,966 at year end.

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