Overview
What is Apa Holding Corporation?
Apa Holding Corporation is a title-holding organization, established under Section 501(C)(2) of the Internal Revenue Code, based in Fort Worth, Texas. Its primary function is to own and manage real property situated at 14600 Trinity Boulevard, with the income generated being annually transferred, minus expenses, to the Allied Pilots Association (APA). This nonprofit association, exempt from federal income tax under Sections 501(A) and 501(C)(5) of the Code, represents employee pilots and serves as the sole member of Apa Holding Corporation. In the event of capital return related to the property, the corporation may choose to allocate an appropriate portion of it to APA.
Official website here: www.alliedpilots.org
Is Apa Holding Corporation legitimate?
Apa Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Apa Holding Corporation 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
Official website here: www.alliedpilots.org
What is the mission statement of Apa Holding Corporation?
Apa Holding Corporation is established with a specific purpose, functioning as a title-holding corporation under Section 501(C)(2) of the Internal Revenue Code or its corresponding provisions in subsequent revenue laws. Its primary role is to hold title to property, collect the income generated from these properties, and annually distribute the entire income, minus expenses, to the Allied Pilots Association (APA). This nonprofit organization is exempt from federal income tax under Sections 501(A) and 501(C)(5) of the Code. In the event of capital returns, the corporation may choose to allocate an appropriate portion to APA. As a title-holding corporation, APA is the sole member of Apa Holding Corporation, and the corporation issues a certificate representing APA's membership.
Official website here: www.alliedpilots.org
Who is the CEO of Apa Holding Corporation?
Pat Clark is the Director of Apa Holding Corporation.
Official website here: www.alliedpilots.org
What is the revenue of Apa Holding Corporation?
Apa Holding Corporation's revenue in 2022 was $1,233,731.
Official website here: www.alliedpilots.org
Who are the executives of Apa Holding Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $481,330
- Other: $0
- Compensation: $0
- Related: $247,972
- Other: $39,676
- Compensation: $0
- Related: $187,298
- Other: $29,968
Official website here: www.alliedpilots.org
Where can I find the form 990 for Apa Holding Corporation?
Apa Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alliedpilots.org
Learn more at the official website: www.alliedpilots.org
Mission Statement of Apa Holding Corporation
Apa Holding Corporation, as a title-holding organization, is dedicated to a specific mission. It is organized and operated exclusively to hold title to property, collect the income generated from these properties, and then distribute the entire revenue, less expenses, at least annually to the Allied Pilots Association (APA). This nonprofit organization serves as a labor union exempt from federal income tax under sections 501(A) and 501(C)(5) of the Internal Revenue Code of 1986. In the event that capital is returned to the corporation for any property it holds title to, Apa Holding Corporation may choose to transfer an appropriate portion of this capital back to the APA. The APA remains the sole member of the corporation, and the corporation issues a certificate representing APA's membership in the organization.
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Impact
October, 2024
Apa Holding Corporation primarily impacts the Allied Pilots Association (APA) by managing real property located at 14600 Trinity Boulevard in Fort Worth, Texas. This organization is specifically designed to hold the title to said property, collect income generated from it, and remit the majority of that income to the APA, which represents the collective interests of employees in the aviation sector.
Through the efficient management of its real estate assets, Apa Holding Corporation ensures a steady stream of income that supports the operations and initiatives of the APA. This structured financial arrangement allows the APA to allocate resources toward various programs, advocate for pilots’ rights, and enhance the overall welfare of its members.
Essentially, Apa Holding Corporation serves as a critical financial backbone for the APA, facilitating long-term stability and enabling the association to focus on its mission of representing pilots effectively. By holding property and generating revenue, it provides a vital service that reinforces the labor organization’s efforts in advocating for its members' interests.
This information is meant to be a general summary of Apa Holding Corporation. 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: $191
- Program Service Revenue: $1,232,949
- Gross Receipts: $1,233,731
Assets and Liabilities:
- Total Assets: $5,738,677
- Total Liabilities: $138,828
- Net Assets: $5,599,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,232,949
Organization Details
Founding Year
1963
Phone
(817) 302-2272Principal Officer
Pat Clark
Main Address
14600 Trinity Blvd STE 500, Fort Worth, TX, 76155
Website
www.alliedpilots.orgNTEE Category
Code: Z99 - Unknown
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