2023-11-15T18:13:20-06:00 2022-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2022-01-01 651297729 FEDEX PILOTS POST-MEDICARE RETIREE PREMIUM REIMBURSEMENT PLAN % CDS ADMINISTRATORS INC FEDE 7036894132 7950 JONES BRANCH DRIVE Suite 400S MCLEAN VA 22102 CATHERINE POWERS ASST. DIRECTOR, REP. 7036894132 2023-11-15 true CATHERINE POWERS 999009999 RICHARD RUVELSON P00234075 3012726000 3 2022 2023-04-26 12:10:37Z CATHERINE POWERS 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 19346080 false X N/A X 2007 VA AS PROVIDED IN A COLLECTIVE BARGAINING AGREEMENT, THIS PLAN PROVIDES ELIGIBLE PILOTS AND THEIR SPOUSE A REIMBURSEMENT OF PREMIUMS PAID TO CERTAIN MEDICARE PLANS. 3 2 0 0 4480 268 0 0 7669569 8041816 9437664 8763907 0 0 17107233 16805723 0 0 3638521 3851429 24022 29801 0 0 0 499388 600942 4161931 4482172 12945302 12323551 178997483 155133479 146093 84264 178851390 155049215 X SEE SCHEDULE O. false false Provide a premium reimbursement of up to $130 per month per participant for the 1/1/2022 plan year for eligible pilots and/or their spouse who are age 65 or over and who purchase Medicare Part B, Medicare Part D, and/or a Medicare Advantage or Medicare Supplement Policy. At the end of the 2022 plan year there were approximately 4,000 participants eligible to receive benefits. false false false false false false false false false false true false false 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 4 0 true 0 true true false false false false false false false X 3 2 false false false false false true true true false false false true true false true true true false false false X CDS ADMINISTRATORS INC 8666946477 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 X CATHERINE POWERS ASST. DIRECTOR, REPRESENTATION 5.0 35.0 X 0 389181 46387 THE NORTHERN TRUST COMPANY TRUSTEE 1.0 2.0 X 224516 0 0 AARON GRADY VEBA BOARD MEMBER (ALTERNATE) 5.0 0.0 X 12101 0 0 MICHAEL BROOME VEBA BOARD MEMBER 5.0 0.0 X 12101 0 0 KEN BINDER VEBA BOARD MEMBER (ALTERNATE) 5.0 0.0 X 0 6040 0 ALWYN SMITH VEBA BOARD MEMBER(THRU 5/2022) 5.0 0.0 X 5599 0 0 KEVIN BIGGINS VEBA BOARD CHAIRMAN 5.0 0.0 X 0 0 0 254317 395221 46387 1 false true false CENTRAL DATA SERVICES INC 60 BLVD OF THE ALLIES 5TH FLOOR PITTSBURGH PA 15222 CLAIMS ADMIN 117247 1 0 EMPLOYER CONTRIBUTIONS 525100 8041816 8041816 8041816 3509663 4480 3505183 0 0 0 0 0 7794601 2540357 5254244 5254244 5254244 0 0 0 0 0 0 0 0 0 0 16805723 8041816 4480 8759427 X 0 0 0 3851429 29801 0 0 0 0 0 0 0 29240 0 0 300348 217533 0 1144 0 0 0 0 0 10208 0 0 0 42469 4482172 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 177213785 154556154 1637584 491538 0 0 0 0 146114 85787 178997483 155133479 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 146093 84264 146093 84264 X 0 0 0 0 178851390 155049215 178851390 155049215 178997483 155133479 X 12323551 -36077075 -48651 X X false true X true false 0 PENDING TRADE PURCHASES 84264 84264 X -19619747 -36077075 -36077075 16457328 299744 48651 348395 16805723 4182428 4182428 299744 299744 4482172 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. THE PLAN ADMINISTRATOR HAS EVALUATED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 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 AND REGULATORY JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. IN ADDITION, THERE HAVE BEEN NO TAX-RELATED INTEREST OR PENALTIES FOR PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. PART X, LINE 4B - OTHER REVENUE INCLUDED ON RETURN BUT NOT BOOKS: $48,651 NET INVESTMENT INCOME OR (LOSS) FROM LIMITED PARTNERSHIP SCHEDULE K-1 false false false CATHERINE POWERS ASST. DIRECTOR, REPRESENTATION 0 323431 0 54539 0 11211 0 40120 0 7523 0 436824 0 0 PART III, LINE 1 - ORGANIZATION'S MISSION: PURSUANT TO THE COLLECTIVE BARGAINING AGREEMENT BETWEEN FEDEX CORPORATION AND THE AIR LINE PILOTS ASSOCIATION, INTERNATIONAL, THE MISSION OF THE FEDEX PILOTS POST-MEDICARE RETIREE PREMIUM REIMBURSEMENT PLAN IS TO PROVIDE ELIGIBLE RETIRED PILOTS AND THEIR SPOUSES WITH A REIMBURSEMENT OF PREMIUMS PAID TO MEDICARE PART B, MEDICARE PART D, AND/OR A MEDICARE SUPPLEMENT POLICY. THE PREMIUM REIMBURSEMENT RATE IS DETERMINED ANNUALLY BY THE BOARD IN ACCORDANCE WITH THE PLAN DOCUMENT. PART VI, SECTION A, LINES 1A AND 1B - GOVERNING BODY: THE ADMINISTRATIVE BOARD WILL CONSIST OF THREE (3) REGULAR AND TWO (2) ALTERNATE MEMBERS. TWO REGULAR MEMBERS AND ONE ALTERNATE MEMBER WILL BE PILOTS WHO RETIRED FROM THE COMPANY, AND ONE REGULAR MEMBER AND ONE ALTERNATE MEMBER WILL BE ACTIVE PILOTS IN THE SERVICE OF THE COMPANY. EACH REGULAR MEMBER HAS ONE VOTE. THE ALTERNATE MEMBER WHO IS A RETIRED PILOT MAY VOTE IN THE ABSENCE OF ANY REGULAR MEMBER WHO IS A RETIRED PILOT, AND THE ALTERNATE MEMBER WHO IS AN ACTIVE PILOT MAY VOTE IN THE ABSENCE OF THE REGULAR MEMBER WHO IS AN ACTIVE PILOT. PART VI, SECTION A, LINE 7A - POWER TO ELECT GOVERNING BODY: AS THE ASSOCIATION IS THE PLAN SPONSOR, THE PRESIDENT OF THE ASSOCIATION SIGNS ANY PLAN DOCUMENTS AND ANY CHANGES TO THE PLAN DOCUMENT. PART VI, SECTION A, LINE 7B - DECISIONS RESERVED TO MEMBERS: AS THE ASSOCIATION IS THE PLAN SPONSOR,THE PRESIDENT OF THE ASSOCIATION SIGNS ANY PLAN DOCUMENTS AND ANY CHANGES TO THE PLAN DOCUMENT. PART VI, SECTION A, LINE 8B - COMMITTEE WITH AUTHORITY TO ACT: THE ORGANIZATION DOES NOT CURRENTLY HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE FINAL DRAFT OF THE ORGANIZATION'S FORM 990 IS SENT TO THE VEBA BOARD MEMBERS, KEVIN BURTON, AND ALPA MANAGEMENT. EACH PERSON REVIEWS THE DRAFT FORM 990 AND IS REQUESTED TO PROVIDE ANY FEEDBACK TO CATHERINE POWERS, WHO IN TURN REPORTS ANY COMMENTS BACK 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 THE FORM 990 WHICH IS FILED WITH THE INTERNAL REVENUE SERVICE. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: FEDEX PILOTS POST-MEDICARE RETIREE PREMIUM REIMBURSMENT PLAN FOLLOWS THE CONFLICT OF INTEREST POLICY OF ITS RELATED ORGANIZATION AIR LINE PILOTS ASSOCIATION, INTERNATIONAL ("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 SO THAT "IT IS, THEREFORE, THE DUTY OF EACH SUCH PERSON, TAKING INTO ACCOUNT THE SPECIAL PROBLEMS AND FUNCTIONS OF A 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 IN 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. (3) IN ACCORDANCE WITH THE ALPA ADMINISTRATIVE MANUAL, SECTION 55, PART 1.L CONTAINS A CONFLICT OF INTEREST PROVISION THAT STATES THAT THE VEBA BOARD AND ALPA STAFF "WILL AT ALL TIMES MAINTAIN ARM'S LENGTH RELATIONSHIPS WITH PLANS AND PLAN SERVICE PROVIDERS". PART VI, SECTION B, LINE 15A - DETERMINING COMPENSATION: THE ADMINISTRATIVE BOARD OF THE ORGANIZATION HAS SET THE REASONABLE COMPENSATION RATE WHICH IS ARTICULATED IN THE ORGANIZATION'S VEBA ADMINISTRATIVE BOARD ADMINISTRATIVE MANUAL: 1. RETIRED MEMBERS SERVING ON THE BOARD WILL BE COMPENSATED 6 HOURS PER DAY AT THE WIDEBODY CAPTAIN RATE, PLUS A 7.65% OVERRIDE TO OFFSET THE EMPLOYER'S SOCIAL SECURITY MATCH. TRAVEL DAYS WILL BE COMPENSATED AT 1/2 (ONE HALF) OF A FULL DAY RATE. PARTIAL DAYS WILL BE PRORATED. 2. AN ADMINISTRATIVE BOARD MEMBER WHO IS AN ACTIVE PILOT WILL BE COMPENSATED VIA FLIGHT PAY LOSS, AND THE PLAN WILL REIMBURSE THE ASSOCIATION FOR THE FLIGHT PAY LOSS REASONABLY ATTRIBUTABLE TO THE PILOT'S ATTENDANCE AT THE MEETING. 3. ALL VEBA ADMINISTRATIVE BOARD COMPENSATION WILL BE APPROVED BEFORE PAYMENT BY THE VEBA ADMINISTRATIVE BOARD CHAIRMAN OR HIS DESIGNEE. IN NO CASE WILL A BOARD MEMBER APPROVE HIS OWN COMPENSATION. THE ORGANIZATION DOES NOT COMPENSATE ITS OFFICERS DIRECTLY. PART VI, SECTION B, LINE 15B - DETERMINING COMPENSATION: THE PLAN DOCUMENT DICTATES THAT THE BOARD MEMBERS WHO ARE ACTIVE PILOTS WILL RECEIVE FLIGHT PAY LOSS IF DROPPING A TRIP IS REQUIRED. RETIRED PILOTS WHO ARE BOARD MEMBERS RECEIVE CAPTAIN RATE FOR 6 HOURS OF THE MEETING AND FOR UP TO 3 EACH DAY TRAVELING TO AND FROM A MEETING. PART VI, SECTION C, LINE 19 - PUBLIC AVAILABILITY OF INFORMATION: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW. PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: ($48,651) NET INVESTMENT (INCOME) OR LOSS FROM LIMITED PARTNERSHIP SCHEDULE K-1 INCLUDED FOR RETURN PURPOSES NOT INCLUDED ON BOOKS AS A REDUCTION IN RECONCILING NET ASSETS. PART XII, LINE 1 - METHOD OF ACCOUNTING THE PLAN'S FINANCIAL STATEMENT HAS 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. CONTRIBUTIONS ARE RECOGNIZED WHEN CASH IS RECEIVED RATHER THAN WHEN EARNED. CHANGES IN THE FAIR VALUE OF INVESTMENTS ARE RECOGNIZED IN THE PERIOD THEY OCCUR. ADMINISTRATIVE EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATIONS ARE INCURRED. AIR LINE PILOTS ASSOCIATION INT'L 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 360710830 LABOR UNION VA 501(C)(5) N/A N/A false ALPA EMERGENCY RELIEF FUND INC 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 141936814 SUPPORT ALPA VA 501(C)(3) 12-TYPE I ALPA false 1625 MASSACHUSETTS AVE NW CORP 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 520946056 RENT PROPERTY VA 501(C)(2) N/A ALPA false AIR LINE PILOTS ASSOCIATION PAC 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 521062313 PAC VA 527 N/A ALPA false ALPA PILOT WELFARE BENEFIT PLAN 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 541775762 VEBA VA 501(C)(9) N/A ALPA false ALPA INTL RETIREMENT MEDICAL VEBA TR 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 541587464 VEBA VA 501(C)(9) N/A ALPA false HAWAIIAN PILOTS POST MEDICARE HEALTH 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 821580173 VEBA HI 501(C)(9) N/A ALPA false 304 PENNSYLVANIA AVENUE CORP 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 611890518 RENT PROPERTY DC 501(C)(2) N/A ALPA false ALPA RETIREE HLTH PLN FOR JETBLUE PILOTS 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 320584293 VEBA VA 501(C)(9) N/A ALPA false KITTY HAWK INSURANCE COMPANY LTD CONTINENTAL BUILDING 25 CHURCH ST HAMILTON BD HM12 CAPTIVE INSUR BD ALPA C CORP false ALPA CANADA INSURANCE TRUST 360 ALBERT STREET SUITE 1210 OTTAWA ONTARIO CA K1R 7X7 VEBA CA NA TRUST false FEDERAL EXPRESS CORPORATION N/A false false false false false false false false false false false false false true true true false false false true