| PART VI, SECTION A, LINES 1A AND 1B - GOVERNING BODY: |
THE ADMINISTRATIVE BOARD SHALL CONSIST OF THREE (3) MEMBERS, ALL OF WHOM SHALL BE ACTIVE OR RETIRED PILOTS OF JETBLUE AIRWAYS, PROVIDED THAT NO MORE THAN ONE MEMBER MAY BE A RETIRED JETBLUE PILOT. |
| PART VI, SECTION A, LINE 4 - PLAN DOCUMENT AMENDMENT: |
THE PLAN DOCUMENT WAS AMENDED TO UPDATE THE COMPOSITION OF THE ADMINISTRATIVE BOARD. |
| PART VI, SECTION A, LINE 7A - APPOINTMENT OF GOVERNING BODY: |
THE PRESIDENT OF THE AIRLINE PILOTS ASSOCIATION INTERNATIONAL HAS THE POWER TO APPOINT AND REMOVE ALL MEMBERS OF THE ADMINISTRATIVE BOARD. |
| PART VI, SECTION A, LINE 7B - DECISION RESERVED TO MEMBERS: |
AS THE ASSOCIATION IS THE PLAN SPONSOR, THE PRESIDENT OF THE ASSOCIATION SIGNS ANY PLAN DOCUMENTS AND ANY CHANGES TO THE PLAN DOCUMENT. |
| PART VI, SECTION A, LINE 8B - COMMITTEE WITH AUTHORITY TO ACT: |
THE ORGANIZATION DOES NOT CURRENTLY HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: |
THE FINAL DRAFT OF THE ORGANIZATION'S FORM 990 IS SENT TO BARBARA ESPLIN, CONSULTANT WHO COORDINATES THE AUDIT, FORM 5500, AND FORM 990 FOR THE PLAN, AND PROVIDES ANY COMMENTS TO THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT FIRM ENGAGED BY THE PLAN TO PREPARE THE FORM 990. THE COMMENTS ARE INCORPORATED INTO THE FINAL VERSION OF THE FORM 990 WHICH IS THEN REVIEWED BY BARBARA ESPLIN AND THE BOARD MEMBERS FOR FINAL APPROVAL AND AUTHORIZATION TO FILE WITH THE INTERNAL REVENUE SERVICE. |
| PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: |
JETBLUE PILOTS VEBA TRUST HEALTH PLAN FOLLOWS THE CONFLICT OF INTEREST POLICY OF ITS RELATED ORGANIZATION AIRLINE PILOTS ASSOCIATION, INTERNATIONAL ("ALPA") SEEN BELOW. (1) ALPA'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH EMPLOYEES, A WRITTEN COPY IS INCLUDED IN EACH EMPLOYEE NEW HIRE KIT, INCLUDED IN THE EMPLOYEE HANDBOOK AND THE POLICY IS POSTED ON THE EMPLOYEE STAFF CENTER WEBSITE. THE POLICY PROVIDES EXAMPLES OF SOME OF THE RELATIONSHIPS THAT SHOULD BE AVOIDED. THE POLICY REQUIRES THAT ALL EMPLOYEES AVOID CONFLICTS BETWEEN THEIR PERSONAL INTEREST AND THE MEMBERS OF, OR PERSONS REPRESENTED BY ALPA OR THE INTEREST OF ALPA IN DEALING WITH EMPLOYERS OR WITH SUPPLIERS, CUSTOMERS, AND ALL OTHER ORGANIZATIONS OR INDIVIDUALS SEEKING TO DO BUSINESS WITH ALPA. IF A CONFLICT IS REPORTED, DISCOVERED, OR SUSPECTED, IT IS ADDRESSED FIRST BY THE EMPLOYEE'S SUPERVISOR AND, IF NECESSARY, BY THE HUMAN RESOURCES DEPARTMENT, AND IN EITHER CASE, APPROPRIATE MEASURES ARE TAKEN, WHICH CAN INCLUDE TERMINATION FOR VIOLATION OF THE POLICY. (2) IN ACCORDANCE WITH FEDERAL LABOR LAWS, ALPA IS GOVERNED BY OFFICERS ELECTED FROM AMONG THE MEMBERSHIP. ACCORDINGLY, DECISIONS MADE BY ALPA'S GOVERNING BODIES NECESSARILY AFFECT THE OFFICERS WHO MAKE UP THOSE GOVERNING BODIES, JUST AS THOSE DECISIONS AFFECT THE UNION MEMBERS AS A WHOLE. HOWEVER, SECTION 501(A) OF THE LABOR-MANAGEMENT REPORTING AND DISCLOSURE ACT (LMRDA), 29 U.S.C. S501(A), STATES THAT OFFICERS AND OTHER UNION REPRESENTATIVES "OCCUPY POSITIONS OF TRUST" WITH RESPECT TO THE UNION AND SO THAT "IT IS, THEREFORE, THE DUTY OF EACH SUCH PERSON, TAKING INTO ACCOUNT THE SPECIAL PROBLEMS AND FUNCTIONS OF A LABOR ORGANIZATION, TO HOLD ITS MONEY AND PROPERTY SOLELY FOR THE BENEFIT OF THE ORGANIZATION AND ITS MEMBERS AND TO MANAGE, INVEST, AND EXPEND THE SAME IN ACCORDANCE WITH ITS CONSTITUTION AND BYLAWS AND ANY RESOLUTIONS OF THE GOVERNING BODIES ADOPTED THEREUNDER, TO REFRAIN FROM DEALING WITH SUCH ORGANIZATION AS AN ADVERSE PARTY OR ON BEHALF OF AN ADVERSE PARTY IN ANY MATTER CONNECTED WITH HIS DUTIES AND FROM HOLDING OR ACQUIRING ANY PECUNIARY OR PERSONAL INTEREST WHICH CONFLICTS WITH THE INTEREST OF SUCH ORGANIZATION, AND TO ACCOUNT TO THE ORGANIZATION FOR ANY PROFIT RECEIVED BY HIM IN WHATEVER CAPACITY IN CONNECTION WITH TRANSACTIONS CONDUCTED BY HIM OR UNDER HIS DIRECTION ON BEHALF OF THE ORGANIZATION." THE RESPONSIBILITIES IMPOSED BY LMRDA SECTION 501(A) MAY BE ENFORCED BY UNION MEMBERS THROUGH SUITS IN FEDERAL COURT, OR BY THE SECRETARY OF LABOR, AND THOSE RESPONSIBILITIES GOVERN THE UNION'S ACTIONS. |
| PART VI, SECTION C, LINE 19 - PUBLIC AVAILABILITY OF INFORMATION: |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW. |
| PART XII, LINE 1 - METHOD OF ACCOUNTING: |
THE PLAN'S FINANCIAL STATEMENTS HAVE BEEN PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING, A BASIS OF ACCOUNTING OTHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. CONTRIBUTIONS ARE RECOGNIZED WHEN CASH IS RECEIVED RATHER THAN WHEN EARNED. CHANGES IN THE FAIR VALUE OF INVESTMENTS ARE RECOGNIZED IN THE PERIOD THEY OCCUR. ADMINISTRATIVE EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATIONS ARE INCURRED. |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:THIRD PARTY ADMIN FEES TOTAL FEES:71518 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:CONSULTING FEES TOTAL FEES:31575 |
Attach to Form 990 or 990-EZ.