Skip to content
Nonprofiteer
← RETIREES OF THE GOODYEAR TIRE & RUBBER COMPANY HEALTH CARE TR

Form 990 for tax year 2024

Filed by RETIREES OF THE GOODYEAR TIRE & RUBBER COMPANY HEALTH CARE TR.

Totals

Total revenue
$165,045,383
Total expenses
$171,564,603
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$44,794,595
Investment income
$2,854,227
Other revenue
$117,396,561
Total assets, end of year
$907,883,873
Total liabilities, end of year
$13,516,270
Net assets or fund balances, end of year
$894,367,603
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

    total $20,215,388 · related or exempt $20,215,388

  • 2b · Program service revenue: EMPLOYEE CONTRIBUTIONS

    total $24,579,207 · related or exempt $24,579,207

  • 3 · Investment income

    total $988,752 · excluded $988,752

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $5,283,080

  • 7b · Less cost or other basis and sales expenses

    securities $3,417,605

  • 7c · Gain or loss

    securities $1,865,475

  • 7d · Net gain or loss

    total $1,865,475 · excluded $1,865,475

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: PRESCRIPTION DRUG REBATES

    total $56,544,678 · related or exempt $56,544,678

  • 11b · Other revenue: INCOME SUBSIDIES

    total $22,132,723 · related or exempt $22,132,723

  • 11c · Other revenue: GOVERNMENTAL SUBSIDIES

    total $21,311,491 · related or exempt $21,311,491

  • 11d · All other revenue

    total $17,407,669 · related or exempt $17,407,669

  • 11e · Other revenue, total

    $117,396,561

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $166,524,191

  • 5 · Compensation of officers, directors and key employees

    total $281,958

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $13,534

  • 11c · Fees: accounting

    total $62,591

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $540,319

  • 11g · Fees: other

    total $3,810,470

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $120,648

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,602

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $138,807

  • 24a · Other expenses: PCORI EXCISE FEES

    total $70,483

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $476,863 · end of year $494,270

  • 2 · Savings and temporary cash investments

    beginning of year $23,655,443 · end of year $23,839,048

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $43,115,395 · end of year $42,323,524

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80,836 · end of year $82,733

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $8,144,281 · end of year $4,008,526

  • 12 · Investments: other securities

    beginning of year $779,969,420 · end of year $837,135,772

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,152,828 · end of year $13,516,270

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $845,289,410 · end of year $894,367,603

Mission and programs · 2024

Mission

THE FUND OPERATES AS A TRUST TO PROVIDE CERTAIN HEALTH BENEFITS TO CURRENT AND FUTURE GOODYEAR RETIREES FOLLOWING EMPLOYMENT IN USW-REPRESENTED BARGAINING UNITS.

  • MANAGES THE PROVISION OF MEDICAL, HOSPITAL, SURGICAL, MAJOR MEDICAL, DENTAL AND PRESCRIPTION PLAN FOR CURRENT AND FUTURE RETIREES OF GOODYEAR TIRE & RUBBER COMPANY AND TO THEIR BENFICIARIES AND COVERED DEPENDENTS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Hazel Broadnax

    COMMITTEE MEMBER

    Total calculated
    $36,031
    From this org
    $36,031
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Phyllis C Borzi

    COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Teresa Ghilarducci

    COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Jerry Ivey

    COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Jeffrey Lewis

    SECRETARY/COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Scott M Spencer

    COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Paul Whitehead

    COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Ted Nelson

    COMMITTEE MEMBER

    Total calculated
    $35,245
    From this org
    $35,245
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Chad Apaliski

    CHAIRMAN/COMMITEE MEMBER

    Total calculated
    $141
    From this org
    $141
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Ret of Goodyear T&R Co Hlth Care Tr Com

    PLAN SPONSOR · PA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • THE GOODYEAR TIRE & RUBBER COMPANY

  • SUMITOMO RUBBER INDUSTRIES LTD

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202533219349327203

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.