Overview
What is Air Line Pilots Association International Pilot Welfare Benefit Plan?
The Air Line Pilots Association International Pilot Welfare Benefit Plan is a nonprofit organization that offers various insurance benefits to members of the Air Line Pilots Association International and their dependents. These benefits include long-term disability, group term life, 10 and 20-year level term life, dental, accidental death and dismemberment, critical illness, and group accident insurance. Approximately 8,179 Association members participate in the monthly loss of license (long term disability) income replacement plan, which provides benefits when pilots lose their FAA medical certification. The Benefit Plan's mission is to ensure the financial well-being and security of its members by offering comprehensive insurance coverage.
Is Air Line Pilots Association International Pilot Welfare Benefit Plan legitimate?
Air Line Pilots Association International Pilot Welfare Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Air Line Pilots Association International Pilot Welfare Benefit Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Air Line Pilots Association International Pilot Welfare Benefit Plan?
The Air Line Pilots Association International Pilot Welfare Benefit Plan serves the membership of the Air Line Pilots Association by offering various insurance benefits. These coverages include long-term disability, group term life insurance, dental, accidental death and dismemberment, critical illness, and group accident insurance. Approximately 8,179 members of the association participate in the long-term disability income replacement plan, which provides financial assistance when pilots lose their FAAs medical certification. The benefit plan aims to provide essential insurance solutions, ensuring the wellbeing of pilots and their dependents.
Who is the CEO of Air Line Pilots Association International Pilot Welfare Benefit Plan?
Elizabeth Robinson is the Director Of Finance/Cfo of Air Line Pilots Association International Pilot Welfare Benefit Plan.
What is the revenue of Air Line Pilots Association International Pilot Welfare Benefit Plan?
Air Line Pilots Association International Pilot Welfare Benefit Plan's revenue in 2022 was $17,036,477.
Who are the executives of Air Line Pilots Association International Pilot Welfare Benefit Plan and what are their salaries?
- Elizabeth Robinson (Director Of Finance/Cfo)
- Catherine Powers (Asst. Director, Representation)
- Joseph A Genovese Jr (Vp Fin/Veba Bd Chairman) [Trustee/Director]
- Northern Trust (Trustee)
- Fred Greene (Veba Board Member) [Trustee/Director]
- Kenneth Binder (Veba Board Member) [Trustee/Director]
Where can I find the form 990 for Air Line Pilots Association International Pilot Welfare Benefit Plan?
The Air Line Pilots Association International Pilot Welfare Benefit Plan’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Air Line Pilots Association International Pilot Welfare Benefit Plan
The Air Line Pilots Association International Pilot Welfare Benefit Plan is a dedicated organization that offers essential benefits to members of the Air Line Pilots Association, International, and their dependents. In simple terms, it is a welfare plan that provides various insurance coverages to enhance the wellbeing and financial security of ALPA members.
This nonprofit organization takes pride in offering long-term disability insurance, group term life insurance, and dental coverage among its core benefits. The long-term disability plan is particularly noteworthy, as it provides income replacement to pilots who unfortunately lose their FAA medical certification. Additionally, the plan includes accidental death and dismemberment, critical illness, and group accident insurance to cater to a broad range of unforeseen circumstances.
The Air Line Pilots Association International Pilot Welfare Benefit Plan is an indispensable resource for ALPA members, ensuring they have peace of mind in the face of potential hardships. With approximately 8,179 members enrolled in the monthly loss of license income replacement plan, the organization plays a significant role in protecting the financial futures of pilots and their families.
Impact
This information is meant to be a general summary of Air Line Pilots Association International Pilot Welfare Benefit Plan. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Air Line Pilots Association International Pilot Welfare Benefit Plan provides crucial benefits such as long-term disability, group term life, dental, AD&D, critical illness, and group accident insurance to members of the Air Line Pilots Association International and their dependents. The impact of this plan is significant as it ensures that pilots and their families are financially protected in case of unforeseen circumstances such as disability, illness, or accidents. With approximately 8,179 Association members participating in the plan, it plays a vital role in supporting pilots who may face challenges in their careers due to medical reasons. By providing these benefits, the plan contributes to the well-being and security of pilots and their loved ones, enhancing their overall quality of life.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$12,951,287
Organization Details
Founding Year
1995
Phone
(703) 689-4170
Principal Officer
Elizabeth Robinson
Main Address
7950 JONES BRANCH DRIVE Suite 400S, MCLEAN, VA, 22102
NTEE Category
Code: Y40 - Mutual benefit
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