Overview
What is Transport Workers Union Of America Local 550?
Transport Workers Union of America Local 550 serves as the exclusive representative and bargaining agent for flight dispatchers, dispatch assistants, and meteorologists employed by Southwest Airlines. Established in Dallas, Texas, the union's primary function is to negotiate amendments to the labor agreement, overseeing compensation and benefits for its members. In the event of disciplinary actions or grievances, the union represents its members, even paying related fines. The union also conducts standardizations and safety programs in collaboration with Southwest Airlines' pilots to enhance safety and efficiency in air transportation. Additionally, the union strives to improve its members' working conditions and boost their productivity. As a gesture of support, the union sends flowers or small gifts to Southwest Airlines employees during significant life events such as death, birth, or serious illness. As of December 31, 2021, the union boasts 422 members.
Official website here: www.twu550.org
Is Transport Workers Union Of America Local 550 legitimate?
Transport Workers Union Of America Local 550 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Transport Workers Union Of America Local 550 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.
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For more financial information, click here
Official website here: www.twu550.org
What is the mission statement of Transport Workers Union Of America Local 550?
The Transport Workers Union of America Local 550 serves as the sole bargaining agent for flight dispatchers and dispatchers' assistants employed by Southwest Airlines. Its primary mission is to represent these individuals in negotiations for amendments to labor agreements, compensation, benefits, and grievance procedures. The union also supports its members during disciplinary actions and provides assistance in standardizations and safety programs with the pilots and Southwest Airlines. The organization aims to improve its members' working conditions, fostering a higher degree of efficiency and productivity to enhance the safety and efficiency of air transportation. As a form of employee morale boosting, the union sends flowers or gifts in times of family milestones or hardships. As of December 31, 2021, the union had 422 members.
Official website here: www.twu550.org
Who is the CEO of Transport Workers Union Of America Local 550?
Larry Merchant is the President of Transport Workers Union Of America Local 550.
Official website here: www.twu550.org
What is the revenue of Transport Workers Union Of America Local 550?
Transport Workers Union Of America Local 550's revenue in 2022 was $850,117.
Official website here: www.twu550.org
Who are the executives of Transport Workers Union Of America Local 550 and what are their salaries?
There 11 volunteers at Transport Workers Union Of America Local 550.
Here are 17 key members and their salaries:
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Official website here: www.twu550.org
Where can I find the form 990 for Transport Workers Union Of America Local 550?
Transport Workers Union Of America Local 550's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.twu550.org
Learn more at the official website: www.twu550.org
Mission Statement of Transport Workers Union Of America Local 550
The Transport Workers Union of America Local 550 serves as the sole bargaining agent for flight dispatchers, dispatchers' assistants, and meteorologists employed by Southwest Airlines. Its mission, in essence, is to represent and advocate for the interests of these professionals in various capacities. This includes negotiating amendments to labor agreements, securing fair compensation and benefits for its members, and representing them in disciplinary actions or grievance procedures.
Furthermore, the Union plays a crucial role in safeguarding its members' working conditions. By working closely with Southwest Airlines and the pilots, it strives to enhance efficiency and productivity, ultimately improving the safety and effectiveness of air transportation. In an effort to boost employee morale, the Union extends thoughtful gestures such as sending flowers or small gifts during significant life events, including births, deaths, or serious illnesses within a Southwest Airlines employee's family. With a membership of 422 individuals as of December 31, 2021, the Transport Workers Union of America Local 550 demonstrates its commitment to supporting and advocating for its members.
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Impact
October, 2024
Transport Workers Union of America Local 550 plays a crucial role in representing flight dispatchers and dispatch assistants at Southwest Airlines, serving as their sole bargaining agent. The union's impact is significant in several key areas:
1. **Contract Negotiations**: Local 550 is responsible for negotiating labor agreements, which directly influence the working conditions, compensation, and benefits of its members. This ensures that the rights and interests of flight dispatchers and their assistants are effectively advocated for and protected.
2. **Member Representation**: The union provides essential support for its members in disciplinary actions and grievance procedures. This representation is vital for safeguarding the rights of employees and ensuring fair treatment within the workplace.
3. **Safety and Efficiency Initiatives**: By conducting standardizations and safety programs in collaboration with pilots and Southwest Airlines, Local 550 enhances both the safety and operational efficiency of air transportation. This focus on safety contributes not only to the well-being of its members but also to that of all airline employees and passengers.
4. **Workplace Morale and Support**: The union fosters a supportive community by recognizing significant life events of its members, such as sending flowers or gifts during times of bereavement, illness, or personal milestones. This initiative helps to improve employee morale and strengthen solidarity among members.
5. **Professional Development**: Local 550 strives to enhance the productivity and efficiency of its members, which is essential in a high-stakes industry like aviation. By looking out for the professional growth of its members, the union contributes to a more skilled and effective workforce.
Overall, Transport Workers Union of America Local 550 significantly impacts the lives and work environments of flight dispatchers and assistants by advocating for their rights, ensuring safety, and promoting a culture of support and development within the airline industry.
This information is meant to be a general summary of Transport Workers Union Of America Local 550. 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: $44,981
- Program Service Revenue: $805,136
- Gross Receipts: $850,117
Assets and Liabilities:
- Total Assets: $1,773,216
- Total Liabilities: $62,512
- Net Assets: $1,710,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$805,136
Organization Details
Founding Year
1982
Phone
(850) 322-2839Principal Officer
Larry Merchant
Main Address
P O BOX 540753, DALLAS, TX, 753540753
Website
www.twu550.orgNTEE Category
Code: J40 - Employment
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