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Association of Professional Flight Attendants

Financial Transparency & LM Reporting

Official APFA LM-2 filings, section guides, and annual financial analysis.

Official Filings

APFA is reviewed here as a single-filer union. The latest official LM-2 currently available is the fiscal year ending 03/31/2025.

Filing-status note: the FY ending 03/31/2026 LM-2 is not yet due. Under DOL rules, APFA’s next annual filing is due 06/29/2026.

Form LM-2 is the federal government’s most detailed annual financial report for unions with $250,000 or more in annual receipts. For APFA, it is one national filing, which means this page is reading one treasury rather than a sector / MEC / LEC stack.

The year-by-year sections below should therefore be read as reported filing amounts, not as complete narrative explanations. The purpose is to show what APFA reported in each section of the LM-2 and what those reported amounts appear to mean.

PAC Activity

APFA’s LM-2 reports that a PAC exists, but the PAC itself is tracked separately through the Federal Election Commission rather than through the union’s LM-2 spending schedules.

The PAC should not be conflated with APFA’s LM-2 representational, administration, benefits, or overhead schedules. For cross-union comparison, PAC activity should be tracked separately through FEC data.

“Payloss” Reference

DOL describes “lost time” or “lost wage” payments as reimbursements for wages lost while union officials or representatives are conducting union business. APFA’s filing uses the label “American Airlines Payloss,” which strongly suggests a pay-loss / lost-time concept of that kind.

This explanation is based on DOL’s lost-time terminology plus the APFA filing label, and is not a formally published APFA definition.

FY2025 Analysis

Filing Header and Governance Basics

Statement A — Assets and Liabilities

Statement B — Receipts and Disbursements

Notable Schedule-Level Signals

FY2024 Analysis

Filing Header and Governance Basics

Statement A — Assets and Liabilities

Statement B — Receipts and Disbursements

Notable Schedule-Level Signals

FY2023 Analysis

Filing Header and Governance Basics

Statement A — Assets and Liabilities

Statement B — Receipts and Disbursements

Notable Schedule-Level Signals

How Local Representation Appears to Be Financed and Administered

APFA’s public record suggests that local representation is financed through one national treasury with budgeted allocations to bases, rather than through separately filed base treasuries.

Best-supported public reading: day-to-day local representation appears to be carried out by Base Presidents, Vice Presidents, APRs, BCRs, and other representatives, supported by national staff, and financed through the national treasury plus budgeted base allocations rather than through separately filed base treasuries.

Summary

APFA’s single LM-2 gives a strong national-level financial picture, but it does not break member-facing representation into a CWA-AFA-style sector / MEC / LEC reporting stack. That makes APFA easier to read as one treasury, but it also means local-layer representation cannot be analyzed here through separate subordinate-unit annual reports.

The public record also does not provide a clean per-BCR dollar figure. What it shows instead are national treasury totals, base-budgeting mechanisms, and representative-compensation rules that imply how local service is financed without producing a simple BCR-by-BCR budget line.