United Airlines Pilots Retirement Foundation Inc
- Assets
- $4.5m
- Revenue
- $167.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 58-1686601
Organization Overview
United Airlines Pilots Retirement Foundation Inc is located in Lake Forest, IL. The organization was established in 1987. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Airlines Pilots Retirement Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, United Airlines Pilots Retirement Foundation Inc generated $167.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $218.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FINANCIAL ASSISTANCE TO FAMILIES OF RETIRED UNITED AIRLINES PILOTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE TO THREE FAMILIES OF RETIRED UNITED AIRLINES PILOTS TO HELP THEM MAINTAIN A REASONABLE STANDARD OF LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Eberle Director | 3 | $0 | |
Jeff Ellis Director | 1 | $0 | |
Thomas G Workinger Director | 3 | $0 | |
Donald Gregg Director | 1 | $0 | |
Robert Helfferich Treasurer/di | 1 | $0 | |
Steven S Moddle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,750 |
| Interest on Savings | $16,653 |
| Dividends & Interest | $84,710 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,672 |
| Capital Gain Net Income | $62,672 |
| Net ST Capital Gain | $76 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,211 |
| Total Revenue | $166,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,846 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,225 |
| Total operating and administrative expenses | $49,181 |
| Contributions, gifts, grants paid | $169,421 |
| Total expenses and disbursements | $218,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,977 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,405,483 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,540,460 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, United Airlines Pilots Retirement Foundation Inc has awarded $169,421 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WE CARE PURPOSE: RELIEF FUND | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Senior Communities Group Health Plan Indianapolis, IN | $8,703,398 | $37,045,158 |
Tarrant County Senior Living Center Inc West Des Moines, IA | $161,252,746 | $23,022,366 |
Barton Creek Senior Living Center Inc West Des Moines, IA | $120,925,043 | $23,689,068 |
Kenton Housing Inc Latonia, KY | $68,380,829 | $31,745,821 |
Washington & Jane Smith Community- Orland Park Orland Park, IL | $98,659,201 | $23,019,583 |
Clare Oaks Bartlett, IL | $26,201,984 | $13,279,793 |
Ness Healthcare Nfp Lincolnwood, IL | $31,649,898 | $15,770,291 |
Moosehaven Inc Mooseheart, IL | $55,843,533 | $19,375,610 |
Masonic Home Independent Living Ii Inc Masonic Home, KY | $142,516,912 | $16,410,935 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Friends Of Faith Retirement Homes Inc Waterloo, IA | $88,184,689 | $24,765,907 |