Allied Pilots Association Welfare Benefits Master Trust is a 501(c)(9) organization based in Fort Worth, Texas, registered in 1995, with $101,114,476 in FY2024 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
Revenue (FY2024)
$101.1M
▲ 176.9% vs prior year
Expenses (FY2024)
$51.1M
Net assets
$182.7M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Allied Pilots Association Welfare Benefits Master Trust: 100% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Allied Pilots Association Welfare Benefits Master Trust: 43 mo reserves · +49% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Allied Pilots Association Welfare Benefits Master Trust: 1 of 6 checks met earns a D on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Allied Pilots Association Welfare Benefits Master Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Provision of welfare benefits to members of the allied pilots association and their dependents.
Revenue grew from $28.6M (FY2013) to $101.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
49.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$182.7M
Total liabilities
$67
Net assets
$182.7M
Salaries & benefits
$119K
0% of expenses
Board members
1
1 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,114,476▲177% | $51,073,027▲34.4% | $182,733,809▼1.3% | $182,733,876▼1.4% | 990 |
| 2023 | $36,519,563▼22.7% | $38,003,363▼6.2% | $185,130,099▲8.5% | $185,362,729▲8.7% | 990 |
| 2022 | $47,252,643▼12.6% | $40,526,996▲31.0% | $170,550,178▼22.9% | $170,550,178▼22.9% | 990 |
| 2021 | $54,088,207▲7.0% | $30,940,793▲14.1% | $221,269,807▲22.4% | $221,269,807▲22.4% | 990 |
| 2020 | $50,555,345▼0.8% | $27,111,772▲14.2% | $180,773,063▲14.6% | $180,773,063▲14.6% | 990 |
| 2019 | $50,973,133▲161% | $23,747,579▲7.4% | $157,727,736▲20.9% | $157,727,736▲20.9% | 990 |
| 2018 | $19,532,659▼47.2% | $22,107,009▲57.7% | $130,502,182▼1.9% | $130,502,182▼1.9% | 990 |
| 2017 | $36,985,164▲44.9% | $14,021,537▲10.4% | $133,076,532▲20.9% | $133,076,532▲20.9% | 990 |
| 2016 | $25,532,630▲40.2% | $12,704,117▲0.4% | $110,112,905▲13.2% | $110,112,905▲13.2% | 990 |
| 2015 | $18,217,169▼20.1% | $12,657,195▲9.9% | $97,284,392▲6.1% | $97,284,392▲6.1% | 990 |
| 2014 | $22,809,191▼20.3% | $11,514,804▼16.2% | $91,724,418▲14.0% | $91,724,418▲14.0% | 990 |
| 2013 | $28,619,316 | $13,737,000▼12.3% | $80,430,031▲22.7% | $80,430,031▲22.7% | 990 |
| 2012 | — | $15,665,556▼6.1% | $65,547,715▲5.2% | $65,547,715▲5.2% | 990 |
| 2011 | — | $16,677,683▲0.5% | $62,318,234▼2.6% | $62,318,234▼2.6% | 990 |
| 2010 | — | $16,600,577 | $64,003,085 | $64,003,085 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: State Street Bank Trust Co — $119,457 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| State Street Bank Trust Co | Trustee | 1 | $119,457 |
| Nick Silva | President | 0 | — |
| Philip Johnson | Secretary-treasurer | 0 | — |
| Contractor | Services | Paid |
|---|---|---|
| Web Tpa | Plan Administration | $777,164 |
| The Segal Company | Actuarial Services | $775,505 |
| Ngs Insurance Agency Inc | Plan Administration | $617,736 |
| Guardian Life Insurance | Plan Administration | $466,618 |
| Benefit Elect | Plan Administration | $318,135 |
Explore more
Data for Allied Pilots Association Welfare Benefits Master Trust (EIN 75-2589033) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.