Alaska Airlines 501(C)(9) Welfare Trust

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

EIN: 273193440 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

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Overview

What is Alaska Airlines 501(C)(9) Welfare Trust?

Alaska Airlines 501(C)(9) Welfare Trust is a nonprofit organization designed to support the long-term disability benefits of specific employees based in Seattle, Washington. This voluntary beneficiary association offers investment programs as part of its operations, with a primary focus on providing financial assistance to those in need. In essence, it serves as a safety net for eligible employees, ensuring they receive essential benefits during difficult times.

Is Alaska Airlines 501(C)(9) Welfare Trust legitimate?

Alaska Airlines 501(C)(9) Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alaska Airlines 501(C)(9) Welfare 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 tax deductible.


Heare 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 Alaska Airlines 501(C)(9) Welfare Trust?

The Alaska Airlines 501(C)(9) Welfare Trust functions as a voluntary beneficiary association. Its primary purpose is to ensure the payment of long-term disability benefits for eligible employees. This organization offers investment programs to further support its mission. In essence, it serves as a safety net for employees who face extended absences from work due to disabilities.

Who is the CEO of Alaska Airlines 501(C)(9) Welfare Trust?

Andrea Schneider is the Senior Vp People of Alaska Airlines 501(C)(9) Welfare Trust.

What is the revenue of Alaska Airlines 501(C)(9) Welfare Trust?

Alaska Airlines 501(C)(9) Welfare Trust's revenue in 2022 was $14,333,937.

Who are the executives of Alaska Airlines 501(C)(9) Welfare Trust and what are their salaries?


Here are 4 key members and their salaries:


Andrea L Schneider (Senior Vp People)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Day (Md Chief Pilot)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney Graham (Pilot-Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Wrobel (Pilot-Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alaska Airlines 501(C)(9) Welfare Trust?

Alaska Airlines 501(C)(9) Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alaska Airlines 501(C)(9) Welfare Trust

Alaska Airlines 501(C)(9) Welfare Trust is a voluntary employee's beneficiary association that focuses on providing long-term disability benefits for eligible employees. This nonprofit organization serves as a safety net for employees in need, ensuring they receive financial support during periods of disability. By doing so, Alaska Airlines 501(C)(9) Welfare Trust plays a vital role in promoting the well-being and financial security of its members.

In simple terms, the mission of Alaska Airlines 501(C)(9) Welfare Trust is to offer long-term disability benefits for specific employees. This 501(c)(9) organization functions as a mutual aid society, pooling resources to provide essential financial assistance when it matters most. By offering this crucial support, Alaska Airlines 501(C)(9) Welfare Trust empowers its members to face adversity with confidence, knowing they have a trusted resource to help them through challenging times.

The day-to-day operations of Alaska Airlines 501(C)(9) Welfare Trust revolve around managing investment programs tailored to the 501(c)(9) and administering long-term disability benefits for eligible employees. In essence, this nonprofit organization provides a critical layer of financial protection that enhances the overall quality of life for its members, allowing them to focus on their health and well-being during times of need.

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Impact




October, 2024

The Alaska Airlines 501(C)(9) Welfare Trust significantly impacts employees by providing essential long-term disability benefits, ensuring financial security during challenging times. By functioning as a voluntary employee's beneficiary association, it caters specifically to certain employees based in Seattle, WA, helping them navigate the uncertainties of disability. The investment programs offered through the trust enhance its financial sustainability, promoting a sense of mutual benefit among members. This support not only uplifts the morale of employees but also fosters a sense of community and shared responsibility within the workforce. Overall, the trust plays a crucial role in bolstering employee welfare and stability, which can contribute to improved retention and productivity for Alaska Airlines.




This information is meant to be a general summary of Alaska Airlines 501(C)(9) Welfare Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,333,937 (2022)
Expenses
$10,712,446 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,916
  • Gross Receipts: $14,333,937

Assets and Liabilities:

  • Total Assets: $11,693,032
  • Total Liabilities: $6,935
  • Net Assets: $11,686,097

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Organization Details

Founding Year

2009

Principal Officer

Andrea Schneider

Main Address

PO Box 68900 AttnSEABZ, Seattle, WA, 981680900

NTEE Category

Code: Y43 - Mutual benefit

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