Overview
What is United Airlines Pilot Disability Veba Trust?
The United Airlines Pilot Disability Veba Trust is a trust-based, contributory employee welfare benefit plan specifically designed for United Airlines, Inc. pilots. Its primary mission is to provide disability income continuation benefits, ensuring financial support for eligible pilots during their time of need. By offering this benefit, the Trust plays a crucial role in safeguarding the financial well-being of United Airlines' pilot community.
Is United Airlines Pilot Disability Veba Trust legitimate?
United Airlines Pilot Disability Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Airlines Pilot Disability 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:
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What is the mission statement of United Airlines Pilot Disability Veba Trust?
The United Airlines Pilot Disability Veba Trust is a welfare benefit plan designed to provide disability income continuation and loss of license benefits to eligible pilots of United Airlines, Inc. The mission of this trust is to ensure financial support for pilots who become disabled and are unable to work. The disability income continuation benefit aims to help pilots maintain their financial stability during their recovery period. Furthermore, the loss of license benefit offers additional protection for pilots whose medical conditions prevent them from returning to work as pilots. Overall, the United Airlines Pilot Disability Veba Trust is dedicated to safeguarding the financial well-being of affected pilots and providing them with essential benefits when they need it most.
Who is the CEO of United Airlines Pilot Disability Veba Trust?
Richard Mayes is the Administrative Committee of United Airlines Pilot Disability Veba Trust.
What is the revenue of United Airlines Pilot Disability Veba Trust?
United Airlines Pilot Disability Veba Trust's revenue in 2022 was $48,510,644.
Who are the executives of United Airlines Pilot Disability Veba Trust and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for United Airlines Pilot Disability Veba Trust?
United Airlines Pilot Disability Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Airlines Pilot Disability Veba Trust
United Airlines Pilot Disability Veba Trust, a trusteed and contributory employee welfare benefit plan, is dedicated to providing disability income continuation benefits to eligible pilots of United Airlines, Inc. This nonprofit organization's primary mission revolves around ensuring financial security for United Airlines pilots who are unable to work due to a disability. The trust also offers a loss of license benefit to further support these pilots during their time of need. With a focus on providing essential assistance, the United Airlines Pilot Disability Veba Trust plays a vital role in maintaining the well-being of its beneficiaries. The disability income continuation benefit offers pilots peace of mind, knowing that they will receive a steady income stream to help cover living expenses during their recovery. By continuing to support pilots in this manner, the trust fosters a sense of stability and resilience among its members, allowing them to focus on their health and eventual return to work.
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Impact
October, 2024
The United Airlines Pilot Disability VEBA Trust plays a crucial role in supporting the financial stability of United Airlines pilots who experience long-term disability. By providing a disability income continuation benefit, it ensures that eligible pilots can maintain a level of income during periods when they are unable to work due to health issues. This safety net is vital for the well-being of pilots and their families, allowing them to manage expenses without the added stress of lost wages.
Additionally, the Trust includes a loss of license benefit, which further addresses the unique challenges pilots face in maintaining their certification and ability to work. The contributions towards this employee welfare benefit plan reflect a collective investment in the health and welfare of pilots, promoting a sense of mutual support within the community. Overall, the Trust serves as a critical mechanism to safeguard the livelihoods of pilots in times of dire personal and professional need.
This information is meant to be a general summary of United Airlines Pilot Disability 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,878,202
- Program Service Revenue: $45,632,442
- Gross Receipts: $153,002,373
Assets and Liabilities:
- Total Assets: $230,539,895
- Total Liabilities: $0
- Net Assets: $230,539,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$29,223,260
EMPLOYEE CONTRIBUTIONS
Revenue
$16,409,182
Organization Details
Founding Year
1989
Phone
(312) 997-8000Principal Officer
Richard Mayes
Main Address
PO BOX 06649 WHQHR, CHICAGO, IL, 606060649
NTEE Category
Code: Y43 - Mutual benefit
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