2020-09-14T09:44:25-05:00 2019-10-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2018-11-01 541775762 AIR LINE PILOTS ASSOCIATION INTERNATIONAL PILOT WELFARE BENEFIT PLAN % ELIZABETH ROBINSON AIRL 7036894170 7950 JONES BRANCH DRIVE Suite 400S MCLEAN VA 22102 JOSEPH A GENOVESE JR PLAN ADMINISTRATOR 7036894170 2020-09-07 true RICHARD L RUVELSON P00234075 3012726000 2020-09-03 209.190.253.84 22006220202585000428 2020-09-14 P EBD8DFBC700724A96E49BF1A406FB658268A8823 EBD8DFBC700724A96E49BF1A406FB658268A8823 2018 2021-09-10 13:11:23Z ELIZABETH ROBINSON 7950 JONES BRANCH DRIVE 400S MCLEAN VA 22102 25425339 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 0 0 0 14462255 18771361 2929907 3240768 0 0 17392162 22012129 0 0 16823838 13551313 0 0 0 0 0 1204101 1313338 18027939 14864651 -635777 7147478 68433889 80056196 115729 122021 68318160 79934175 X SEE SCHEDULE O false false THERE ARE APPROXIMATELY 14,946 PARTICIPANTS INCLUDING SPOUSES AND CHILDREN COVERED UNDER THE VEBA'S TERM LIFE INSURANCE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE PLANS. THERE ARE APPROXIMATELY 9,096 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 4,310 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 false false false true true true false false false true false false false false false false false false true false false false false false false false false false false false true false false true 2 0 true 0 false true CJ 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 JOSEPH A GENOVESE JR VP FIN/VEBA BD CH (EFF 1/1/19) 5.0 50.0 X X 0 24000 0 W RANDOLPH HELLING VP FIN/VEBA CH (THRU 12/31/18) 5.0 50.0 X X 0 131179 0 KENNETH BINDER VEBA BOARD MEMBER 5.0 0.0 X 0 0 0 FRED GREENE VEBA BOARD MEMBER 5.0 0.0 X 0 8287 0 NORTHERN TRUST TRUSTEE 5.0 0.0 X 123086 0 0 ELIZABETH ROBINSON DIRECTOR OF FINANCE/CFO 5.0 40.0 X 0 416635 32771 CATHERINE POWERS MANAGING ATTORNEY 5.0 40.0 X 0 263997 34838 123086 844098 67609 1 false true false AIR LINE PILOTS ASSOCIATION INTL 7950 JONES BRANCH DRIVE SUITE 400S MCLEAN VA 22102 ADMINSTRATIVE FEES 774068 EMPYREAN BENEFIT SOLUTIONS INC 3010 BRIARPARK DRIVE STE 8000 HOUSTON TX 77042 CONSULTANT 199398 MILLIMAN INC 121 MIDDLE STREET 401 PORTLAND ME 04101 ACTUARY SERVICES 124080 3 0 PARTICIPANT CONTRIBUTIONS 525100 12731860 12731860 CLAIMS RECOVERIES 525100 6039501 6039501 18771361 2438978 2438978 0 0 0 0 0 4215000 3413210 801790 801790 801790 0 0 0 0 0 0 0 0 0 0 22012129 18771361 3240768 0 0 0 13551313 0 0 0 0 0 0 0 0 40000 0 0 123086 124080 52706 0 199398 0 0 0 0 0 0 0 0 0 ADMINISTRATIVE FEES 774068 14864651 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63216625 74914699 3576953 3635345 0 0 0 0 1640311 1506152 68433889 80056196 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 115729 122021 115729 122021 X 0 0 0 0 68318160 79934175 68318160 79934175 68433889 80056196 7147478 4468537 X X false true X true false 0 PENDING TRADE PURCHASES 122021 122021 X 26357580 4468537 4468537 21889043 123086 123086 22012129 14741565 14741565 123086 123086 14864651 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, 2019 and 2018 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. Central America and the Caribbean Investments 3635345 3635345 3635345 false false false false false false false false false ELIZABETH ROBINSON DIRECTOR OF FINANCE/CFO 0 370025 33675 12935 0 30256 0 9708 0 456599 0 0 CATHERINE POWERS MANAGING ATTORNEY 0 236240 24138 3619 0 29701 0 6394 0 300092 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 CHAIR JOSEPH A. GENOVESE, JR., VEBA BOARD CHAIR W. RANDOLPH HELLING (THROUGH DATE OF DEPARTURE), 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 REVIEWED 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 THE 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 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 State 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 Plans net assets available for benefits and the changes in its net assets available for benefits in conformity with U.S. GAAP. AIR LINE PILOTS ASSOCIATION INTL 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 360710830 LABOR UNION VA 501(C)(5) N/A false ALPA EMERGENCY RELIEF FUND 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 141936814 SUPPORT ALPA VA 501(C)(3) 12-TYPE 1 ALPA false THE 1625 MASSACHUSETTS AVE 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 520946056 RENT PROPERTY VA 501(C)(2) ALPA false AIR LINE PILOTS ASSOCIATION PAC 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 521062313 PAC VA 527 ALPA false FEDEX PILOTS POST-MEDICARE BENEFITS PLAN 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 651297729 VEBA VA 501(C)(9) ALPA false ALPA INTL RETIREMENT MEDICAL VEBA TR 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 541587464 VEBA VA 501(C)(9) ALPA false HAWAIIAN PILOTS POST-MEDICARE HEALTH PLA 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 821580173 VEBA HI 501(C)(9) ALPA false 304 PENNSYLVANIA AVENUE CORP 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 611890518 RENT PROPERTY DC 501(C)(2) ALPA false ALPA RETIREE HEALTH PLAN FOR JETBLUE 7950 JONES BRANCH DR STE 400S MCLEAN VA 22102 320584293 VEBA VA 501(C)(9) ALPA false KITTY HAWK INSURANCE COMPANY LTD FB PERRY BLDG 1ST FL 40 CHURCH ST HAMILTON HM 12 BD CAPTIVE INS BD ALPA C CORP false ALPA CANADA INSURANCE TRUST 360 ALBERT STREET SUITE 1210 OTTAWA ONTARIO CA K1R 7X7 VEBA CA ALPA TRUST false false false false false false false false false false false false true true true true true false false true