Allied Pilots Association Welfare Benefits Plan Master Trust

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

EIN: 752589033 ✦ Fort worth, TX ✦ Designated as a 501(c)(9)

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Overview

What is Allied Pilots Association Welfare Benefits Plan Master Trust?

The Allied Pilots Association Welfare Benefits Plan Master Trust is a nonprofit organization located at 14600 Trinity Blvd, Suite 500, Fort Worth, Texas, 76155. This entity focuses on providing welfare benefits to members of the Allied Pilots Association (APA), their dependents, and staff. The benefits offered include the Allied Pilots Association Survivor Benefit Plan, the Allied Pilots Association Voluntary Supplemental Medical and Custodial Care Benefit Plan, the Allied Pilots Association Pilot Occupational Disability Plan, the Allied Pilots Association Pilot Mutual Aid Plan, and the Allied Pilots Association Retiree Health Benefit Plan. In summary, the Allied Pilots Association Welfare Benefits Plan Master Trust offers various benefit plans to support APA members and their dependents, ensuring their well-being.

Is Allied Pilots Association Welfare Benefits Plan Master Trust legitimate?

Allied Pilots Association Welfare Benefits Plan Master Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Allied Pilots Association Welfare Benefits Plan Master 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: $122,828
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Allied Pilots Association Welfare Benefits Plan Master Trust?

The Allied Pilots Association Welfare Benefits Plan Master Trust is dedicated to providing welfare benefits to the members of the Allied Pilots Association and their dependents. Through various benefit plans, the trust ensures financial security and support for pilots and their families. These plans include the Allied Pilots Association Survivor Benefit Plan, Voluntary Supplemental Medical and Custodial Care Benefit Plan, Pilot Occupational Disability Plan, Pilot Mutual Aid Plan, and Retiree Health Benefit Plan. The trust's mission is to safeguard the well-being of its members and their dependents by offering a comprehensive range of welfare benefits.

Who is the CEO of Allied Pilots Association Welfare Benefits Plan Master Trust?

Ed Sicher is the President of Allied Pilots Association Welfare Benefits Plan Master Trust.

What is the revenue of Allied Pilots Association Welfare Benefits Plan Master Trust?

Allied Pilots Association Welfare Benefits Plan Master Trust's revenue in 2022 was $47,252,643.

Who are the executives of Allied Pilots Association Welfare Benefits Plan Master Trust and what are their salaries?


Here are 3 key members and their salaries:


State Street Bank Trust Co (Trustee)
  • Compensation: $122,828
  • Related: $0
  • Other: $0
Ed Sicher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Clark (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Allied Pilots Association Welfare Benefits Plan Master Trust?

Allied Pilots Association Welfare Benefits Plan Master Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Allied Pilots Association Welfare Benefits Plan Master Trust

The Allied Pilots Association Welfare Benefits Plan Master Trust is a vital organization dedicated to providing welfare benefits to the members of the Allied Pilots Association (APA) and their dependents. In simple terms, its mission is to ensure the wellbeing of APA members and their families.

To accomplish this, the Trust offers a range of benefit plans designed to cater to various needs. These plans include the Allied Pilots Association Survivor Benefit Plan, the Allied Pilots Association Voluntary Supplemental Medical and Custodial Care Benefit Plan, the Allied Pilots Association Pilot Occupational Disability Plan, the Allied Pilots Association Pilot Mutual Aid Plan, and the Allied Pilots Association Retiree Health Benefit Plan.

By providing these comprehensive benefit plans, the Trust enables APA members and their dependents to face life's challenges with peace of mind. The Survivor Benefit Plan safeguards the financial future of APA members' families in the event of a pilot's passing. The Voluntary Supplemental Medical and Custodial Care Benefit Plan offers additional health coverage and custodial care support. The Pilot Occupational Disability Plan ensures financial assistance for pilots unable to work due to a disability. The Pilot Mutual Aid Plan provides a safety net for pilots in need of financial support. Lastly, the Retiree Health Benefit Plan guarantees continued healthcare coverage for APA retirees.

In essence, the Allied Pilots Association Welfare Benefits Plan Master Trust serves as a protective shield, safeguarding the welfare of APA members and their families throughout their professional and personal lives.

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Impact




October, 2024

The Allied Pilots Association Welfare Benefits Plan Master Trust significantly impacts its members by providing essential welfare benefits designed to support Allied Pilots Association (APA) members and their families. It offers a comprehensive suite of benefit plans that address various needs, including financial security and healthcare support.

The Survivor Benefit Plan ensures that the families of deceased members receive financial assistance during challenging times. The Voluntary Supplemental Medical and Custodial Care Benefit Plan enhances overall wellness by offering additional medical coverage options, while the Pilot Occupational Disability Plan safeguards pilots against loss of income due to disabilities incurred during their service. The Pilot Mutual Aid Plan fosters a sense of community and support among members, encouraging mutual assistance in times of need. Lastly, the Retiree Health Benefit Plan addresses the healthcare concerns of retired members, ensuring continued access to necessary medical services.

Overall, this trust plays a critical role in enhancing the quality of life for APA members, their dependents, and staff by promoting financial stability, health, and well-being. By providing these vital welfare benefits, it strengthens the community among pilots and their families, illustrating a commitment to their ongoing support and care.




This information is meant to be a general summary of Allied Pilots Association Welfare Benefits Plan Master 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
$47,252,643 (2022)
Expenses
$40,526,996 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22,510,218
  • Program Service Revenue: $24,742,425
  • Gross Receipts: $77,175,525

Assets and Liabilities:

  • Total Assets: $170,550,178
  • Total Liabilities: $0
  • Net Assets: $170,550,178

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Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$24,742,425

Organization Details

Founding Year

1994

Principal Officer

Ed Sicher

Main Address

14600 TRINITY BLVD Suite 500, FORT WORTH, TX, 761552599

NTEE Category

Code: Y40 - Mutual benefit

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