2018-10-08T11:59:14-05:00 2017-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2017-01-01 651297729 FEDEX PILOTS POST-MEDICARE RETIREE PREMIUM REIMBURSEMENT PLAN % BARBARA ESPLIN FEDE 7036894132 535 HERNDON PARKWAY HERNDON VA 20170 STEVEN HODGSON MANAGER, ALPA R&I 7036894132 2018-10-02 true RICHARD L RUVELSON P00234075 3012726000 2017 2022-09-23 18:48:47Z STEVEN HODGSON 535 HERNDON PARKWAY HERNDON VA 20170 11507419 false X N/A X 2007 VA PROVIDE ELIGIBLE RETIRED PILOTS AND THEIR SPOUSES WITH A REIMBURSEMENT OF PREMIUMS PAID TO CERTAIN MEDICARE PLANS UNDER A COLLECTIVE BARGAINING AGREEMENT. 3 3 0 0 0 0 0 4628520 4997952 2383396 5927302 0 0 7011916 10925254 0 0 1773826 2093684 14812 19072 0 0 0 382405 379311 2171043 2492067 4840873 8433187 96999500 116493759 156577 712088 96842923 115781671 X SEE SCHEDULE O false false Provide a premium reimbursement of up to $116 per month per participant for the 1/1/2017 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 2017 plan year there were approximately 1,780 participants eligible to receive benefits. false false false false false false false false false false false 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 5 0 true 0 false false false false false false X 3 3 true false false false false true true true false false false true true false true true true false false false X BARBARA ESPLIN 9193033237 275 PEARL ST UNIT 14 BOULDER CO 80302 KEN BINDER VEBA BRD CHAIRMAN (THRU 11/17) 5.0 5.0 X 0 25910 0 MIKE BROOME VEBA BOARD MEMBER 5.0 0.0 X 7629 0 0 AARON GRADY VEBA BOARD MEMBER 5.0 0.0 X 3814 0 0 AL SMITH VEBA BOARD MEMBER 5.0 0.0 X 7629 0 0 THE NORTHERN TRUST COMPANY TRUSTEE 1.0 1.0 X 168839 0 0 TIMOTHY CANOLL ALPA PRESIDENT 1.0 40.0 X 0 1117689 62585 STEVEN HODGSON MANAGER, ALPA R&I DEPT 5.0 35.0 X 0 293025 60178 187911 1436624 122763 1 false true false 0 0 EMPLOYER CONTRIBUTIONS 525100 4997952 4997952 4997952 2866686 2866686 0 0 0 0 0 3642781 582165 3060616 3060616 3060616 0 0 0 0 0 0 0 0 0 0 10925254 4997952 5927302 0 0 0 2093684 19072 0 0 0 0 0 0 0 32186 0 0 168839 158079 0 0 0 0 0 0 0 0 0 0 0 5751 ADMINISTRATIVE EXPENSES 12481 BOARD MEMBER EXPENSES 1975 2492067 0 0 0 0 0 0 157049 162405 0 0 0 0 0 0 0 0 0 0 0 0 96842451 115781354 0 0 0 0 0 0 0 550000 96999500 116493759 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 156577 712088 156577 712088 X 96842923 115781671 0 0 0 0 96842923 115781671 96999500 116493759 8433187 10505561 X X false true X true false 0 PENDING TRADE PURCHASES 712088 712088 X 21261976 10505561 10505561 10756415 168839 168839 10925254 2323228 2323228 168839 168839 2492067 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken and recognize 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, 2017, there are no uncertain positions taken or expected to be taken that would require recognition of a liability in the financial statements. The Plan is subject to routine audits by taxing 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. false true false TIMOTHY CANOLL ALPA PRESIDENT 0 506039 34527 577123 0 29700 0 40697 0 1188086 0 0 STEVEN HODGSON MANAGER, ALPA R&I DEPT 0 259651 22658 10716 0 29700 0 31619 0 354344 0 0 PART I LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: ADDITIONAL TAXABLE COMPENSATION RELATED TO A 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN OF $393,491 TO TIMOTHY G. CANOLL WAS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). 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: THERE ARE 3 REGULAR BOARD MEMBERS, ONE OF WHICH MUST BE AN ACTIVE FEDEX PILOT, AND THE OTHER 2 MAY BE ACTIVE FEDEX PILOTS AND/OR RETIRED FEDEX PILOTS. ALL 3 HAVE EQUAL VOTING RIGHTS. THERE IS ALSO AN ALTERNATE BOARD MEMBER WHO MAY BE AN ACTIVE OR RETIRED FEDEX PILOT. THE ALTERNATE BOARD MEMBER VOTES IN ONE OF THE REGULAR MEMBERS' ABSENCE. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIPS: OFFICERS TIMOTHY CANOLL AND STEVEN HODGSON ARE EMPLOYED BY AIR LINE PILOTS ASSOCIATION, INTERNATIONAL ("ALPA"). PART VI, SECTION A, LINE 7A - POWER TO ELECT GOVERNING BODY: THE PRESIDENT OF THE AIR LINE PILOTS ASSOCIATION, INTERNATIONAL, HAS THE POWER TO APPOINT AND REMOVE ALL MEMBERS OF THE ADMINISTRATIVE BOARD. 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, STEVEN HODGSON, ALPA MANAGEMENT, AND BARBARA ESPLIN - CONSULTANT WHO COORDINATES THE AUDIT, FORM 5500 AND FORM 990 FOR THE PLAN. EACH PERSON REVIEWS THE DRAFT FORM 990 AND IS REQUESTED TO PROVIDE ANY FEEDBACK TO BARBARA ESPLIN, 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 IRS. 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. 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 XII, LINE 1 - METHOD OF ACCOUNTING: THE PLAN'S 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. 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 535 HERNDON PARKWAY HERNDON VA 20170 360710830 LABOR UNION VA 501(C)(5) N/A false ALPA EMERGENCY RELIEF FUND INC 535 HERNDON PARKWAY HERNDON VA 20170 141936814 SUPPORT ALPA VA 501(C)(3) 12-TYPE I ALPA false 1625 MASSACHUSETTS AVE NW CORP 535 HERNDON PARKWAY HERNDON VA 20170 520946056 RENT PROPERTY VA 501(C)(2) ALPA false AIR LINE PILOTS ASSOCIATION PAC 535 HERNDON PARKWAY HERNDON VA 20170 521062313 PAC VA 527 ALPA false ALPA PILOT WELFARE BENEFIT PLAN 535 HERNDON PARKWAY HERNDON VA 20170 541775762 VEBA VA 501(C)(9) ALPA false ALPA INTL RETIREMENT MEDICAL VEBA TR 535 HERNDON PARKWAY HERNDON VA 20170 541587464 VEBA VA 501(C)(9) ALPA false HAWAIIAN PILOTS POST-MEDICARE HEALTH PLA 535 HERNDON PARKWAY HERNDON VA 20170 821580173 VEBA IL 501(C)(9) N/A ALPA false KITTY HAWK INSURANCE COMPANY LTD FB PERRY BLDG 1ST FL 40 CHURCH ST HAMILTON BD HM12 CAPTIVE INSURANCE 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 true false true false