Air Line Pilots Association International Pilot Welfare Benefit Plan

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

EIN: 541775762 ✦ Mclean, VA ✦ Designated as a 501(c)(9)

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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.

What are the reviews and ratings of this charity?

The Air Line Pilots Association International Pilot Welfare Benefit Plan is not currently rated by Charity Navigator. This absence of a rating reflects the nonprofit's status, as it cannot be evaluated under Charity Navigator’s methodologies due to it not being a 501(c)(3) IRS registered organization, which is a requirement for obtaining a rating. The organization operates with a foundation status for all organizations except 501(c)(3), and is recognized as an independent entity.

Since it is not evaluated for Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability, there is limited information available about its financial performance or impact assessment. Revenue, expenses, and salary data are not disclosed in current resources, further restricting comprehensive evaluation or comparison with other public charities.

Additionally, there are no user reviews on GreatNonprofits, leaving a gap in public sentiment and direct feedback from beneficiaries or stakeholders. As it stands, the organization's profile remains unclear to the public without a Charity Navigator rating or relevant user experiences shared online.


This AI summary has been generated from information found on Charity Navigator.

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 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 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?


Here are 6 key members and their salaries:


Elizabeth Robinson (Director Of Finance/Cfo)
  • Compensation: $0
  • Related: $467,431
  • Other: $40,019
Catherine Powers (Asst. Director, Representation)
  • Compensation: $0
  • Related: $346,059
  • Other: $40,591
Joseph A Genovese Jr (Vp Fin/Veba Bd Chairman)
  • Compensation: $0
  • Related: $226,496
  • Other: $0
Northern Trust (Trustee)
  • Compensation: $117,425
  • Related: $0
  • Other: $0
Fred Greene (Veba Board Member)
  • Compensation: $0
  • Related: $7,397
  • Other: $0
Kenneth Binder (Veba Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Air Line Pilots Association International Pilot Welfare Benefit Plan?

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.

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Impact




October, 2024

The Air Line Pilots Association International Pilot Welfare Benefit Plan significantly enhances the financial security and well-being of its members and their families. By providing a comprehensive range of benefits—including long-term disability, group term life insurance, dental coverage, and critical illness insurance—this plan addresses the unique challenges faced by pilots.

With approximately 8,179 members utilizing the monthly loss of license (long-term disability) income replacement plan, it ensures that pilots who lose their FAA medical certification due to health issues are protected against income loss. This safety net not only alleviates financial stress during difficult times but also fosters a sense of stability and peace of mind, allowing pilots to focus on their recovery and well-being.

Moreover, the inclusion of accidental death and dismemberment coverage adds an additional layer of protection for both pilots and their families, ensuring they are supported in unforeseen circumstances. By prioritizing the welfare of its members, the plan plays a crucial role in maintaining the overall health of the aviation community.




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.


Financials

This financial information is from Propublica.

Revenue
$17,036,477 (2022)
Expenses
$12,848,702 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,085,190
  • Program Service Revenue: $12,951,287
  • Gross Receipts: $20,401,930

Assets and Liabilities:

  • Total Assets: $73,930,514
  • Total Liabilities: $109,735
  • Net Assets: $73,820,779

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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

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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