Air Line Pilots Association International Retirement Medical Veba Trust

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

EIN: 541587464 ✦ Mclean, VA ✦ Designated as a 501(c)(9)

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Overview

What is Air Line Pilots Association International Retirement Medical Veba Trust?

The Air Line Pilots Association International Retirement Medical Veba Trust is a nonprofit organization located at 7950 JONES BRANCH DR Suite 400S, McLean, Virginia. Its primary mission is to offer health, dental, and vision benefits to eligible retired employees, their dependents, and spouses who are affiliated with the Air Line Pilots Association, International, a tax-exempt organization. These benefits are provided under a collective bargaining agreement, ensuring support for the wellbeing of retired aviation professionals and their families.

Is Air Line Pilots Association International Retirement Medical Veba Trust legitimate?

Air Line Pilots Association International Retirement Medical Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Air Line Pilots Association International Retirement Medical 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 Air Line Pilots Association International Retirement Medical Veba Trust?

The Air Line Pilots Association International Retirement Medical Veba Trust, established under a collective bargaining agreement, is committed to providing health, dental, and vision benefits to eligible retired employees, their dependents, and their spouses associated with the Air Line Pilots Association, International. This tax-exempt organization aims to ensure the well-being of these individuals by offering comprehensive medical coverage.

Who is the CEO of Air Line Pilots Association International Retirement Medical Veba Trust?

Kelly Collie is the Plan Administrator of Air Line Pilots Association International Retirement Medical Veba Trust.

What is the revenue of Air Line Pilots Association International Retirement Medical Veba Trust?

Air Line Pilots Association International Retirement Medical Veba Trust's revenue in 2022 was $4,936,953.

Who are the executives of Air Line Pilots Association International Retirement Medical Veba Trust and what are their salaries?


Here are 2 key members and their salaries:


Kelly Collie (Plan Administrator)
  • Compensation: $0
  • Related: $490,507
  • Other: $84,552
Truist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Air Line Pilots Association International Retirement Medical Veba Trust?

Air Line Pilots Association International Retirement Medical Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Air Line Pilots Association International Retirement Medical Veba Trust

The Air Line Pilots Association International Retirement Medical Veba Trust, established under a collective bargaining agreement, is a mission-driven organization devoted to providing vital health, dental, and vision benefits to eligible retired employees, their dependents, and their spouses associated with the Air Line Pilots Association, International. This tax-exempt organization is committed to ensuring the well-being of its beneficiaries, offering them access to essential medical services post-retirement. The Trust's primary objective is to safeguard the health and financial security of retired pilots and their families, demonstrating a strong dedication to their welfare.

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Impact




October, 2024

The Air Line Pilots Association International Retirement Medical VEBA Trust significantly enhances the well-being of retired airline pilots and their families. By providing health, dental, and vision benefits, it ensures that eligible retired employees and their dependents have access to essential healthcare services. This support helps alleviate the financial burden associated with medical expenses during retirement, allowing former pilots to focus on their post-career lives without the stress of healthcare costs.

The Trust's establishment under a collective bargaining agreement underscores its commitment to the needs of the airline pilot community, fostering a sense of security and stability among retirees. By prioritizing their health and wellness, the Trust contributes to a more organized approach to managing retirement benefits, ultimately improving the quality of life for those who dedicated their careers to aviation.

In essence, the Air Line Pilots Association International Retirement Medical VEBA Trust plays a crucial role in providing peace of mind to retired airline pilots and their families, reinforcing the value placed on their service and well-being throughout their retirement years.




This information is meant to be a general summary of Air Line Pilots Association International Retirement Medical 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.

Revenue
$4,936,953 (2022)
Expenses
$2,900,597 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,666,337
  • Program Service Revenue: $3,270,616
  • Gross Receipts: $6,402,583

Assets and Liabilities:

  • Total Assets: $43,055,505
  • Total Liabilities: $0
  • Net Assets: $43,055,505

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,532,972

PARTICIPANT CONTRIBUTIONS

Revenue

$590,394

RDS SUBSIDY

Revenue

$147,250

Organization Details

Founding Year

1988

Principal Officer

Kelly Collie

Main Address

7950 JONES BRANCH DR Suite 400S, MCLEAN, VA, 22102

NTEE Category

Code: Y40 - Mutual benefit

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