Allied Pilots Association

“The following officers and directors of the filing organization have a business relationship with one another by virtue of their positions as officers and directors of APA Holding Corporation: Edward Sicher, James Clark, and Pat Clark.”

“Allied Pilots Association is a labor union representing, as its members, the pilots of American Airlines. The members elect the organization's board of directors, which is made up of members of the organization. There are four classes of membership, including apprentice members, active members, inactive members, and honorary members. Only active members are eligible to vote or hold office.”

“The organization engages a paid preparer experienced in the preparation of the form 990 to prepare the form. The director of finance and accounting will conduct a detailed review of the return as prepared by the preparer. An electronic copy of the final form 990 will be provided to all members of the board of directors on APA's internal website prior to filing the return.”

“Allied Pilots Association's officers, board members, committee members and staff shall disclose conflicts of interest by submitting a "conflict of interest disclosure" form. Disclosures are handled by the secretary-treasurer and maintained in a file. If a potential conflict of interest arises, subsequent to the submission of the original form, a revised form shall be submitted within five business days of becoming aware of the conflict.”

“The compensation for all officers and key employees of Allied Pilots Association (APA) is fixed by the president, subject to the approval of the board of directors. The organization hires an outside consultant to review the compensation of officers and key employees. The consultant matches APA's positions to salary surveys from multiple sources. Each employee's position is placed within a pay grade. Positions that undergo a significant change in duties are reevaluated for grade and placement within their grade. Compensation adjustments are made by the president and approved by the board of directors.”

“The organization's financial statement are available to the public as part of its filings with the department of labor, at the department of labor's website (www.dol.gov/olms). The organization does not make its governing documents or conflicts of interest policy available to the public. This information is available to members only, upon request.”

“Compensation in addition to compensation reported by Allied Pilots Association (APA) on Form W-2, APA also reimburses American airlines (AAL) for flight pay loss (FPL) compensation. Pilots, other than APA officers, received compensation of $12,350,840 for the year ended June 30, 2024 while on leave from AAL for APA business. Generally, AAL bills APA for such compensation. APA remitted FPL reimbursement payments to AAL less the recovery of $8,691,601 for the year ended June 30, 2024 for the portion of services rendered by the pilots related to matters including safety, security and training programs that benefited AAL. the reimbursed compensation is reported on the form 941 employer's quarterly federal tax return of AAL and is reported to the recipients on their forms W-2 received from AAL. In addition to the lost flight pay, APA makes contributions to the American Airlines capital accumulation plan. A retirement plan which is administered by AAL consisting of the defined contribution of 16% of pay for employees of AAL corporation and participating subsidiaries. For periods of union leave on and after January 1, 2014, APA will make the company's contributions. APA's contributions to the plan totaled $1,834,067 for the year ended June 30, 2024.”

“other changes in net assets or fund balances Post Retirement Changes 1,481,129 Prior Year adjustments (-3,417,136) ----------- Total (1,936,007)”