Independent Pilots Association

EIN: 611171169

Louisville, KY

Total Revenue
$15,207,183
Total Expenses
$14,737,759
Total Assets
$24,540,998
Net Assets
$20,391,671
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
KY
Phone
5029680341
Tax Period
2023-01-01 to 2023-12-31

Independent Pilots Association, founded in 1990, is a mid-sized nonprofit that reported $15.2M in total revenue in fiscal year 2023. Expenses of $14.7M left a modest 3% surplus.

Mission

The IPA is the collective bargaining agent for the pilots employed by United Parcel Service. The IPA negotiates and submits to its members contracts for ratification and acts in the interest of its members.

Program Service Accomplishments

Program 1

CONTRACT IMPLEMENTATION CONTINUES OVER THE TERM OF A CONTRACT, AS THE PARTIES TO THE CONTRACT INTERPRET, DISCUSS AND AGREE UPON THE INTENT OF THE CONTRACT LANGUAGE.

Program 2

DEFENSE OF THE CONTRACT IS AN ONGOING SERVICE TO THE MEMBERSHIP AND INCLUDES THE FORMAL SYSTEM OF HEARINGS USED TO DEFEND THE CONTRACT. CASES ADVANCE THROUGH AN ESCALATING SERIES OF HEARINGS...

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DEFENSE OF THE CONTRACT IS AN ONGOING SERVICE TO THE MEMBERSHIP AND INCLUDES THE FORMAL SYSTEM OF HEARINGS USED TO DEFEND THE CONTRACT. CASES ADVANCE THROUGH AN ESCALATING SERIES OF HEARINGS, BEGINNING WITH GRIEVANCE, THEN TO SYSTEM BOARD AND POSSIBLY TO ARBITRATION.

Program 3

AN ONGOING SERVICE IS THE PURSUIT OF AIRLINE INDUSTRY SAFETY INITIATIVES THAT SERVE TO PROTECT THE MEMBERSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,742,353
Investment Income $216,715
Other Revenue $248,115
TOTAL REVENUE $15,207,183

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,608,104
Fundraising Expenses $0
Program Expenses $0
Other Expenses $3,129,655
TOTAL EXPENSES $14,737,759

Year-over-Year Comparison

2023 2022 Change
Revenue $15,207,183 $14,706,138 +0.0%
Expenses $14,737,759 $14,011,258 +0.1%
Net Income $469,424 $694,880 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
N/A
Employees
42
Volunteers
487

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$3,786,194
Total Directors
6
$3,786,194
Key Employees
2
$648,281
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Secretary 40.0
Officer Director
$632,969 $0 $632,969
N/A Treasurer 40.0
Officer Director
$632,363 $0 $632,363
N/A At-Large Representative #1 40.0
Officer Director
$606,360 $0 $606,360
N/A President 40.0
Officer Director
$649,573 $0 $649,573
N/A Vice-President 40.0
Officer Director
$631,960 $0 $631,960
N/A At-Large Representative #2 40.0
Officer Director
$632,969 $0 $632,969
N/A General Counsel (Beginning May 2023) 40.0
Key Emp
$156,438 $37,626 $194,064
N/A Of Counsel (Beginning May 2023) 40.0
Key Emp
$356,450 $97,767 $454,217
N/A Public Affairs 20.0
Highest
$200,407 $95,678 $296,085
N/A Attorney 40.0
Highest
$201,524 $72,979 $274,503
N/A Attorney 40.0
Highest
$238,804 $27,983 $266,787
N/A HR Manager 40.0
Highest
$227,881 $79,264 $307,145
N/A Safety Director 40.0
Highest
$260,851 $69,058 $329,909
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $15,207,183 $14,737,759 $24,540,998 $469,424
2022 $14,706,138 $14,011,258 $22,210,578 $694,880
2021 $15,065,745 $11,387,032 $23,397,076 $3,678,713
2020 $13,709,794 $11,405,161 $19,024,642 $2,304,633
2019 $12,041,432 $11,701,104 $16,790,400 $340,328
2018 $11,597,966 $11,651,980 $15,662,449 $-54,014
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