2023-09-12T14:54:13-05:00 2022-10-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2021-11-01 541775762 AIR LINE PILOTS ASSOCIATION INTERNATIONAL PILOT WELFARE BENEFIT PLAN % ELIZABETH ROBINSON AIRL 7036894170 7950 JONES BRANCH DRIVE Suite 400S MCLEAN VA 22102 WES CLAPPER VEBA BOARD CHAIRMAN 7036894170 2023-09-02 true WES CLAPPER 999009999 RICHARD RUVELSON P00234075 3012726000 3 2021 2023-04-26 12:10:37Z ELIZABETH ROBINSON 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 20401930 false X N/A X 1995 VA TO PROVIDE MEMBERS OF ALPA, INT'L AND THEIR DEPENDENTS SUCH BENEFITS AS LONG-TERM DISABILITY, GROUP TERM LIFE, DENTAL, AD&D, CRITICAL ILLNESS AND GROUP ACCIDENT INSURANCE 3 2 0 0 162931 148939 0 0 12666400 12951287 5907770 4085190 0 0 18574170 17036477 0 0 9785164 11200708 0 0 0 0 0 1547051 1647994 11332215 12848702 7241955 4187775 88674302 73930514 1056277 109735 87618025 73820779 X SEE SCHEDULE O false false THERE ARE APPROXIMATELY 12,648 PARTICIPANTS INCLUDING SPOUSES AND CHILDREN COVERED UNDER THE VEBA'S TERM LIFE INSURANCE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE PLANS. THERE ARE APPROXIMATELY 8,179 ASSOCIATION MEMBERS WHO ARE PARTICIPANTS IN THE VEBA'S MONTHLY LOSS OF LICENSE (LONG TERM DISABILITY) INCOME REPLACEMENT PLAN THAT PROVIDES BENEFITS WHEN PILOTS LOSE THEIR FAA MEDICAL CERTIFICATION. THERE ARE APPROXIMATELY 3,633 ASSOCIATION MEMBERS WHO ARE PARTICIPANTS IN THE VEBA'S LUMP-SUM LOSS OF LICENSE (DISABILITY) PLAN THAT PROVIDES LUMP-SUM BENEFITS WHEN THE PILOTS LOSE THEIR FAA MEDICAL CERTIFICATION. false false false false false false false false false false true false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 1 0 true 0 true true false false false false false false false X 3 2 true false false false false true true true true false false false true false true true true false false false X ELIZABETH ROBINSON 7036894170 7950 JONES BRANCH DRIVE SUITE 400S MCLEAN VA 22102 X ELIZABETH ROBINSON DIRECTOR OF FINANCE/CFO 5.0 40.0 X 0 467431 40019 CATHERINE POWERS ASST. DIRECTOR, REPRESENTATION 5.0 40.0 X 0 346059 40591 JOSEPH A GENOVESE JR VP FIN/VEBA BD CHAIRMAN 5.0 50.0 X X 0 226496 0 NORTHERN TRUST TRUSTEE 5.0 0.0 X 117425 0 0 FRED GREENE VEBA BOARD MEMBER 5.0 0.0 X 0 7397 0 KENNETH BINDER VEBA BOARD MEMBER 0.0 0.0 X 0 0 0 117425 1047383 80610 1 false true false APTIFY 9620 EXECUTIVE CENTER DR N 200 ST PETERSBURG FL 33702 IT DEVELOPMENT 597331 AIR LINE PILOTS ASSOCIATION INTL 7950 JONES BRANCH DRIVE SUITE 400S MCLEAN VA 22102 ADMINSTRATIVE FEES 559277 EMPYREAN BENEFIT SOLUTIONS INC 3010 BRIARPARK DRIVE STE 8000 HOUSTON TX 77042 CONSULTANT 223812 3 0 PARTICIPANT CONTRIBUTIONS 525100 12951287 12951287 12951287 2117103 162931 1954172 0 0 0 0 0 5333540 3365453 1968087 1968087 1968087 0 0 0 0 0 0 0 0 0 0 17036477 12951287 162931 3922259 0 0 0 11200708 0 0 0 0 0 0 0 0 49221 0 0 117425 1193799 63737 0 223812 0 0 0 0 0 0 0 0 0 12848702 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47635686 29803141 37245081 39868563 0 0 0 0 3793535 4258810 88674302 73930514 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1056277 109735 1056277 109735 X 0 0 0 0 87618025 73820779 87618025 73820779 88674302 73930514 X 4187775 -17720411 -264610 X X false true X true false COMMON COLLECTIVE TRUST 39586124 F LIMITED PARTNERSHIP 282439 F 39868563 COST STABILIZATION RESERVE 3846269 ACCRUED INVESTMENT INCOME 103254 PENDING TRADE SALES 309287 4258810 0 PENDING TRADE PURCHASES 109735 109735 X -1065969 -17720411 -17720411 16654442 117425 264610 382035 17036477 12731277 12731277 117425 117425 12848702 PART X, LINE 2 - FIN 48 FOOTNOTE: Management of the Plan evaluates tax positions taken and discloses a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has evaluated the tax positions taken by the Plan and concluded that as of October 31, 2022 and 2021 there are no uncertain positions taken or expected to be taken that would require disclosure of a liability in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements. PART X, LINE 4B - OTHER REVENUE INCLUDED ON RETURN BUT NOT BOOKS: $264,610 NET INVESTMENT GAIN FROM LIMITED PARTNERSHIP SCHEDULE K-1 false false false ELIZABETH ROBINSON DIRECTOR OF FINANCE/CFO 0 393551 0 38045 0 35835 0 34800 0 12411 0 514642 0 0 CATHERINE POWERS ASST. DIRECTOR, REPRESENTATION 0 298343 0 32097 0 15619 0 34800 0 7048 0 387907 0 0 JOSEPH A GENOVESE JR VP FIN/VEBA BD CHAIRMAN 0 0 0 0 0 226496 0 0 0 0 0 226496 0 0 PART III, LINE 1 - ORGANIZATION'S MISSION: TO PROVIDE LONG-TERM DISABILITY, GROUP TERM LIFE, 10 YEAR LEVEL TERM LIFE, 20 YEAR LEVEL TERM LIFE, DENTAL, ACCIDENTAL DEATH AND DISMEMBERMENT, CRITICAL ILLNESS, AND GROUP ACCIDENT INSURANCE BENEFITS TO MEMBERS OF THE AIR LINE PILOTS ASSOCIATION, INTERNATIONAL ("ALPA") AND THEIR DEPENDENTS. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIPS: VEBA BOARD CHAIRMAN JOSEPH A. GENOVESE, JR., OFFICER ELIZABETH ROBINSON, AND KEY EMPLOYEE CATHERINE POWERS ARE EMPLOYED BY AIR LINE PILOTS ASSOCIATION, INTERNATIONAL ("ALPA"). PART VI, SECTION A, PART 7A - APPOINTMENT TO BOARD OF TRUSTEES: THE PRESIDENT OF ALPA APPOINTS THE BOARD OF THE ORGANIZATION, SUBJECT TO APPROVAL BY THE EXECUTIVE COUNCIL OF ALPA. PART VI, SECTION A, PART 7B - GOVERNANCE DECISIONS: THE PLAN DOCUMENT REQUIRES THE VEBA BOARD, ITS GOVERNING BODY, TO CONSULT WITH THE ALPA RETIREMENT AND INSURANCE COMMITTEE, WHICH IS MADE UP OF 5 ACTIVE PILOTS AND HAS THE RESPONSIBILITY OF PROVIDING DIRECTION IN TERMS OF RETIREMENT AND INSURANCE ISSUES TO THE MEMBERSHIP. ADDITIONALLY, THE PRESIDENT OF ALPA SIGNS OFF ON PLAN DESIGN AT THE VEBA BOARD'S RECOMMENDATION. PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990: THE ALPA FINANCE DEPARTMENT AND RETIREMENT & INSURANCE DEPARTMENT REVIEW AND PROVIDE ANY FEEDBACK TO THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT FIRM ENGAGED BY THE PLAN TO PREPARE THE FORM 990. THE COMMENTS ARE INCORPORATED INTO THE FINAL VERSION OF FORM 990 WHICH IS FILED WITH THE IRS. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: AIR LINE PILOTS ASSOCIATION, INTERNATIONAL PILOT WELFARE BENEFIT PLAN FOLLOWS THE CONFLICT OF INTEREST POLICY OF ITS RELATED ORGANIZATION, ALPA, SEEN BELOW: (1) ALPA'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH EMPLOYEES, A WRITTEN COPY IS INCLUDED IN EACH EMPLOYEE NEW HIRE KIT, INCLUDED IN THE EMPLOYEE HANDBOOK AND THE POLICY IS POSTED ON THE EMPLOYEE STAFF CENTER WEBSITE. THE POLICY PROVIDES EXAMPLES OF SOME OF THE RELATIONSHIPS THAT SHOULD BE AVOIDED. THE POLICY REQUIRES THAT ALL EMPLOYEES AVOID CONFLICTS BETWEEN THEIR PERSONAL INTEREST AND THE MEMBERS OF, OR PERSONS REPRESENTED BY, ALPA OR THE INTEREST OF ALPA IN DEALING WITH EMPLOYERS OR WITH SUPPLIERS, CUSTOMERS, AND ALL OTHER ORGANIZATIONS OR INDIVIDUALS SEEKING TO DO BUSINESS WITH ALPA. IF A CONFLICT IS REPORTED, DISCOVERED, OR SUSPECTED, IT IS ADDRESSED FIRST BY THE EMPLOYEE'S SUPERVISOR AND, IF NECESSARY, BY THE HUMAN RESOURCES DEPARTMENT, AND IN EITHER CASE, APPROPRIATE MEASURES ARE TAKEN, WHICH CAN INCLUDE TERMINATION FOR VIOLATION OF THE POLICY. (2) IN ACCORDANCE WITH FEDERAL LABOR LAWS, ALPA IS GOVERNED BY OFFICERS ELECTED FROM AMONG THE MEMBERSHIP. ACCORDINGLY, DECISIONS MADE BY ALPA'S GOVERNING BODIES NECESSARILY AFFECT THE OFFICERS WHO MAKE UP THOSE GOVERNING BODIES, JUST AS THOSE DECISIONS AFFECT THE UNION MEMBERS AS A WHOLE. HOWEVER, SECTION 501(A) OF THE LABOR-MANAGEMENT REPORTING AND DISCLOSURE ACT (LMRDA), 29 U.S.C. S501(A), STATES THAT OFFICERS AND OTHER UNION REPRESENTATIVES "OCCUPY POSITIONS OF TRUST" WITH RESPECT TO THE UNION AND "IT IS, THEREFORE, THE DUTY OF EACH SUCH PERSON, TAKING INTO ACCOUNT THE SPECIAL PROBLEMS AND FUNCTIONS OF THE LABOR ORGANIZATION, TO HOLD ITS MONEY AND PROPERTY SOLELY FOR THE BENEFIT OF THE ORGANIZATION AND ITS MEMBERS AND TO MANAGE, INVEST, AND EXPEND THE SAME IN ACCORDANCE WITH ITS CONSTITUTION AND BYLAWS AND ANY RESOLUTIONS OF THE GOVERNING BODIES ADOPTED THEREUNDER, TO REFRAIN FROM DEALING WITH SUCH ORGANIZATION AS AN ADVERSE PARTY OR ON BEHALF OF AN ADVERSE PARTY IN ANY MATTER CONNECTED WITH HIS DUTIES AND FROM HOLDING OR ACQUIRING ANY PECUNIARY OR PERSONAL INTEREST WHICH CONFLICTS WITH THE INTEREST OF SUCH ORGANIZATION, AND TO ACCOUNT TO THE ORGANIZATION FOR ANY PROFIT RECEIVED BY HIM IN WHATEVER CAPACITY IN CONNECTION WITH TRANSACTIONS CONDUCTED BY HIM OR UNDER HIS DIRECTION ON BEHALF OF THE ORGANIZATION." THE RESPONSIBILITIES IMPOSED BY LMRDA SECTION 501(A) MAY BE ENFORCED BY UNION MEMBERS THROUGH SUITS IN FEDERAL COURTS, OR BY THE SECRETARY OF LABOR, AND THOSE RESPONSIBILITIES GOVERN THE UNION'S ACTIONS. PART VI, SECTION C, LINE 19 - AVAILABILITY OF DOCUMENTS: THE ORGANIZATION COMPLIES WITH THE PUBLIC DISCLOSURE REQUIREMENTS TO THE EXTENT REQUIRED BY LAW. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS, BUT NOT TO THE GENERAL PUBLIC. PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: $264,610 PARTNERSHIP SCHEDULE K-1 INVESTMENT GAIN INCLUDED FOR RETURN ONLY ON PART VIII, LINE 3 AND FOR PART XI NET ASSETS RECONCILIATION PURPOSES THE INVESTMENT GAIN IS A DEDUCTION TO RECONCILE THE RETURN TO THE BOOKS. PART XII, LINE 1 - METHOD OF ACCOUNTING - MODIFIED CASH BASIS: The financial statements have been prepared on the modified cash basis of accounting, a basis of accounting other than accounting principles generally accepted in the United States of America ("U.S. GAAP"). Contributions are recognized when cash is received rather than when earned and investment and administrative expenses are recognized when paid rather than when the obligation is incurred. Group term life, 10-year term life, 20-year term life, and dental insurance contracts are experience-rated contracts and experience-rating adjustments resulting in a refund/dividend are recorded when received, and therefore, amounts due to the Plan at the end of the year are not recorded as a receivable from the insurance company. Interest income is recorded on the accrual basis, dividends are recorded on the ex-dividend date, changes in fair value of investments are recognized in the period they occur, and benefits are recognized when paid, which is consistent with U.S. GAAP. The financial statements are not intended to present the Plan's net assets available for benefits and the changes in its net assets available for benefits in accordance with U.S. GAAP. AIR LINE PILOTS ASSOCIATION INTL 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 360710830 LABOR UNION VA 501(C)(5) N/A false ALPA EMERGENCY RELIEF FUND 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 141936814 CHARITABLE VA 501(C)(3) 12-TYPE 1 ALPA false THE 1625 MASSACHUSETTS AVE 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 520946056 RENT PROPERTY VA 501(C)(2) ALPA false AIR LINE PILOTS ASSOCIATION PAC 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 521062313 PAC VA 527 ALPA false FEDEX PILOTS POST MDCR RTR PM REIM PLAN 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 651297729 VEBA VA 501(C)(9) ALPA false ALPA INTL RETIREMENT MEDICAL VEBA TR 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 541587464 VEBA VA 501(C)(9) ALPA false HAWAIIAN PILOTS POST-MEDICARE HEALTH 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 821580173 VEBA HI 501(C)(9) ALPA false 304 PENNSYLVANIA AVENUE CORP 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 611890518 RENT PROPERTY DC 501(C)(2) ALPA false ALPA RETIREE HLTH PLN FOR JETBLUE PILOTS 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 320584293 VEBA VA 501(C)(9) ALPA false KITTY HAWK INSURANCE COMPANY LTD Continental Building 25 Church St HAMILTON BD HM12 CAPTIVE INS BD ALPA C CORP false ALPA CANADA INSURANCE TRUST 360 ALBERT STREET SUITE 1210 OTTAWA ONTARIO CA K1R 7X7 VEBA CA NA TRUST false false false false false false false false false false false false true true true true true false false true