United Airlines Pilot Disability Veba Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760266124 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

Overview

What is United Airlines Pilot Disability Veba Trust?

The United Airlines Pilot Disability Veba Trust is a trust-based, contributory employee welfare benefit plan specifically designed for United Airlines, Inc. pilots. Its primary mission is to provide disability income continuation benefits, ensuring financial support for eligible pilots during their time of need. By offering this benefit, the Trust plays a crucial role in safeguarding the financial well-being of United Airlines' pilot community.


Is United Airlines Pilot Disability Veba Trust legitimate?

United Airlines Pilot Disability Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Airlines Pilot Disability Veba Trust 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of United Airlines Pilot Disability Veba Trust?
Who is the CEO of United Airlines Pilot Disability Veba Trust?
What is the revenue of United Airlines Pilot Disability Veba Trust?
Who are the executives of United Airlines Pilot Disability Veba Trust and what are their salaries?
Where can I find the form 990 for United Airlines Pilot Disability Veba Trust?

Mission Statement of United Airlines Pilot Disability Veba Trust

United Airlines Pilot Disability Veba Trust, a trusteed and contributory employee welfare benefit plan, is dedicated to providing disability income continuation benefits to eligible pilots of United Airlines, Inc. This nonprofit organization's primary mission revolves around ensuring financial security for United Airlines pilots who are unable to work due to a disability. The trust also offers a loss of license benefit to further support these pilots during their time of need. With a focus on providing essential assistance, the United Airlines Pilot Disability Veba Trust plays a vital role in maintaining the well-being of its beneficiaries. The disability income continuation benefit offers pilots peace of mind, knowing that they will receive a steady income stream to help cover living expenses during their recovery. By continuing to support pilots in this manner, the trust fosters a sense of stability and resilience among its members, allowing them to focus on their health and eventual return to work.

Impact

This information is meant to be a general summary of United Airlines Pilot Disability Veba Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The United Airlines Pilot Disability Veba Trust provides disability income continuation benefits to United Airlines Inc pilots. It ensures that eligible pilots receive support in case of disability, thereby helping them maintain financial stability during challenging times. By offering this crucial benefit, the trust plays a significant role in safeguarding the well-being of United Airlines pilots, contributing to their peace of mind and security.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,878,202
  • Program Service Revenue: $45,632,442
  • Gross Receipts: $153,002,373

    • Assets and Liabilities:
  • Total Assets: $230,539,895
  • Total Liabilities: $0
  • Net Assets: $230,539,895
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $29,223,260

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $16,409,182

    Organization Details

    Founding Year

    1989

    Principal Officer

    Richard Mayes

    Main Address

    PO BOX 06649 WHQHR, CHICAGO, IL, 606060649

    NTEE Category

    Code: Y40 - Mutual benefit

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