Allied Pilots Association Welfare Benefits Master Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,555,345 | 27,111,772 | 23,443,573 | 80.0 | 0% |
| 2021 | 54,088,207 | 30,940,793 | 23,147,414 | 85.8 | 0% |
| 2022 | 47,252,643 | 40,526,996 | 6,725,647 | 50.5 | 0% |
| 2023 | 36,519,563 | 38,003,363 | −1,483,800 | 58.5 | 0% |
In its most recent public year (2023), this organization spent $1,483,800 more than it brought in. Its reserves stood at about 58.5 months of spending, down from 80 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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