Overview
What is Alpa Retiree Health Plan For Jetblue Pilots Veba Trust?
The Alpa Retiree Health Plan for Jetblue Pilots Veba Trust is a nonprofit organization based in McLean, Virginia, specifically located at 7950 Jones Branch Drive Suite 400S. Established under a collective bargaining agreement, its primary mission involves holding notional accounts to provide reimbursement for eligible medical expenses incurred by retired Jetblue pilots and their eligible beneficiaries following the termination of their employment with Jetblue. This trust exists to ensure that these retirees have access to essential healthcare benefits after leaving their jobs.
Is Alpa Retiree Health Plan For Jetblue Pilots Veba Trust legitimate?
Alpa Retiree Health Plan For Jetblue Pilots Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alpa Retiree Health Plan For Jetblue Pilots 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 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 Alpa Retiree Health Plan For Jetblue Pilots Veba Trust?
The Alpa Retiree Health Plan for Jetblue Pilots Veba Trust was established under a collective bargaining agreement with Jetblue Airways Corp. Its primary mission is to provide reimbursement for eligible medical expenses incurred by retired Jetblue pilots and their eligible beneficiaries following the termination of their employment with the airline. The Trust holds notional accounts to facilitate the process of reimbursing these eligible medical costs for the beneficiaries. This organization is dedicated to ensuring financial assistance for healthcare needs, thereby providing peace of mind and security for its members.
Who is the CEO of Alpa Retiree Health Plan For Jetblue Pilots Veba Trust?
Catherine Powers is the Asst. Director, Representation of Alpa Retiree Health Plan For Jetblue Pilots Veba Trust.
What is the revenue of Alpa Retiree Health Plan For Jetblue Pilots Veba Trust?
Alpa Retiree Health Plan For Jetblue Pilots Veba Trust's revenue in 2022 was $12,841,260.
Who are the executives of Alpa Retiree Health Plan For Jetblue Pilots Veba Trust and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $389,181
- Other: $46,387
- Compensation: $17,584
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alpa Retiree Health Plan For Jetblue Pilots Veba Trust?
Alpa Retiree Health Plan For Jetblue Pilots Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alpa Retiree Health Plan For Jetblue Pilots Veba Trust
The Alpa Retiree Health Plan for Jetblue Pilots Veba Trust is a specialized organization, established under a collective bargaining agreement, dedicated to providing medical benefits to eligible retirees of Jetblue Airways Corp and their dependents. The trust holds notional accounts designed to reimburse eligible medical expenses incurred by qualified pilots and their beneficiaries post-employment with Jetblue. In simpler terms, the Alpa Retiree Health Plan for Jetblue Pilots Veba Trust acts as a safety net, ensuring retirees and their families can access necessary healthcare services without financial burden following their departure from Jetblue Airways.
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Impact
October, 2024
The Alpa Retiree Health Plan for JetBlue Pilots VEBA Trust is designed to provide a critical safety net for eligible retirees of JetBlue Airways and their dependents by covering medical expenses that arise after employment ends. Through the establishment of notional accounts, the Trust facilitates reimbursements for eligible medical costs, ensuring that former pilots and their beneficiaries have access to necessary healthcare services. This structure not only supports the financial well-being of retired pilots but also enhances their peace of mind during retirement by mitigating the potential burden of medical expenses.
By operating under a collective bargaining agreement, the Trust embodies a commitment to the welfare of JetBlue pilots, reinforcing the importance of health benefits in retirement planning. As a solid framework for managing and distributing medical reimbursements, it allows retired pilots to focus on their well-being without the added stress of unexpected healthcare costs. Overall, the VEBA Trust plays a significant role in uplifting the quality of life for JetBlue's retired workforce, promoting mutual benefit within the aviation community.
This information is meant to be a general summary of Alpa Retiree Health Plan For Jetblue Pilots Veba 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $840,777
- Program Service Revenue: $12,000,483
- Gross Receipts: $24,865,956
Assets and Liabilities:
- Total Assets: $32,255,184
- Total Liabilities: $17,896
- Net Assets: $32,237,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$12,000,483
Organization Details
Founding Year
2019
Phone
(703) 689-4132Principal Officer
Catherine Powers
Main Address
7950 JONES BRANCH DRIVE Suite 400S, MCLEAN, VA, 22102
NTEE Category
Code: Y43 - Mutual benefit
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