VERTICAL AVIATION INTERNATIONAL INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- VERTICAL AVIATION INTERNATIONAL INC (EIN 53-0261213)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202421359349308422
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T14:24:10-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 571157523 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APRIO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 ROCKVILLE PIKE SUITE 600 | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 530261213 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERTICAL AVIATION INTERNATIONAL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VERT | BusinessNameControlTxt |
| Phone | 7036834646 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 BALLENGER AVENUE | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES A VIOLA | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 7036834646 | PhoneNum |
| Signature | 2024-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | VIOLA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STACY CULLEN | PreparerPersonNm |
| PTIN | P00974308 | PTIN |
| Phone | 3012316200 | PhoneNum |
| Preparation | 2024-05-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Principal Officer | JAMES A VIOLA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 BALLENGER AVENUE | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,728,123 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ROTOR.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE VERTICAL AVIATION OPERATIONS, SAFETY, AND ENCOURAGE PROFESSIONALISM. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 42 | TotalEmployeeCnt |
| Total Volunteers | 47 | TotalVolunteersCnt |
| Total Gross UBI | $324,750 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,051,595 | PYContributionsGrantsAmt |
| CY Contributions Grants | $403,154 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,468,694 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,050,823 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,048,341 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,185,251 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,399,786 | PYOtherRevenueAmt |
| CY Other Revenue | $3,051,256 | CYOtherRevenueAmt |
| PY Total Revenue | $16,968,416 | PYTotalRevenueAmt |
| CY Total Revenue | $18,690,484 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $103,023 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $825,669 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,389,618 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,886,943 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,399,811 | PYOtherExpensesAmt |
| CY Other Expenses | $11,224,016 | CYOtherExpensesAmt |
| PY Total Expenses | $13,892,452 | PYTotalExpensesAmt |
| CY Total Expenses | $17,936,628 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,075,964 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $753,856 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $43,682,143 | TotalAssetsBOYAmt |
| Total Assets EOY | $65,113,607 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $19,889,966 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $40,377,095 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,792,177 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,736,512 | NetAssetsOrFundBalancesEOYAmt |
| Mission | INTERNATIONALLY REPRESENT ALL ASPECTS OF THE VERTICAL TAKE-OFF & LANDING (VTOL) INDUSTRY. BE THE LEADING GLOBAL VOICE IN PROMOTING SAFETY, COMMUNITY COMPATIBILITY, PROFESSIONALISM, INNOVATION, AND THE ECONOMIC VIABILITY OF THE INDUSTRY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | CONFERENCES AND TRADE SHOWS: SUPPORT THE GLOBAL VTOL INDUSTRY BY PROVIDING FORUMS WHERE HELICOPTER PROFESSIONALS CAN GATHER TO CONDUCT BUSINESS; SHOWCASE PRODUCTS, SERVICES, AND TECHNOLOGY; EXCHANGE INFORMATION, BEST PRACTICES, AND IDEAS; TAKE ADVANTAGE OF PROFESSIONAL EDUCATION OPPORTUNITIES; PARTICIPATE IN CAREER DEVELOPMENT AND JOB SEARCH ACTIVITIES; COLLABORATE TO IMPROVE AND PROMOTE INDUSTRY SAFETY AND TO ADDRESS OTHER INDUSTRY ISSUES; AND NETWORK WITH PEERS. VAI'S ANNUAL CONFERENCE AND TRADE SHOW, VAI HELI-EXPO, IS THE WORLD'S LARGEST VTOL SHOW. VAI ALSO PRESENTS AN ANNUAL AERIAL WORK SAFETY CONFERENCE THAT SUPPORTS THE FIREFIGHTING, UTILITY PATROL AND CONSTRUCTION, AND RESTRICTED-CATEGORY AIRCRAFT SECTORS, AS WELL AS MEETINGS TO SUPPORT ADDITIONAL INDUSTRY SECTORS, SUCH AS ADVANCED AIR MOBILITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERSHIP: PROVIDE VAI MEMBERS WITH SERVICES THAT DIRECTLY BENEFIT THEIR OPERATIONS AND ADVANCE THE INTERNATIONAL HELICOPTER INDUSTRY BY PROVIDING PROGRAMS THAT ENHANCE SAFETY AND ENCOURAGE PROFESSIONALISM AND ECONOMIC VIABILITY WHILE PROMOTING THE UNIQUE CONTRIBUTIONS VERTICAL FLIGHT OFFERS TO SOCIETY. EXCLUSIVE VAI MEMBER BENEFITS INCLUDE: DIRECT ACCESS TO VAI TECHNICAL, REGULATORY, AND LEGISLATIVE STAFF; MEMBERSHIP IN VAI WORKING GROUPS; LEGISLATIVE RESOURCES AND UPDATES; VISIBILITY FOR MEMBER COMPANY NEWS IN ROTOR MEDIA; MEMBER COMPANY EMPLOYMENT LISTINGS ON VAI PARTNER'S JOB BOARD; PROGRAMS TO ELEVATE MEMBER COMPANYS' LEVEL OF SAFETY, INCLUDING SMS, ASAP, AND FRAT PROGRAMS; AND DISCOUNTS ON ATTENDING OR EXHIBITING AT VAI EVENTS, ON HAI EDUCATION COURSES, OR ON ADVERTISING IN VAI MEDIA. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GOVERNMENT AFFAIRS: VAI IS DEDICATED TO PROMOTING VERTICAL FLIGHT AS A SAFE, EFFECTIVE TOOL FOR BUSINESS AND TO ADVANCING THE INTERNATIONAL ROTORCRAFT COMMUNITY, WHICH INCLUDES HELICOPTERS, TILTROTORS, VERTICAL-LIFT UNMANNED AIRCRAFT SYSTEMS, AND THE DEVELOPING FIELD OF ADVANCED AIR MOBILITY. VAI ADVOCATES FOR EXPANDING THE USE OF VERTICAL FLIGHT, ON BEHALF OF OUR MEMBERS AND FOR THE BENEFIT OF SOCIETY, WITH LEGISLATORS, REGULATORS, AND GOVERNMENT AGENCIES AROUND THE WORLD. VAI'S DILIGENT WORK AGAINST BURDENSOME REGULATIONS AND ADVOCATING TO ENSURE A SAFE, SUSTAINABLE, AND ECONOMICALLY VIABLE FUTURE FOR OUR INDUSTRY IS AT THE FOREFRONT OF EVERYTHING WE DO. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 65 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 42 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES A VIOLA | PersonNm |
| Phone | 7036834646 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 BALLENGER AVENUE | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JEFFREY SMITH | |||||||||
| CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| B ADAM HAMMOND | |||||||||
| VICE CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NICOLE BATTJES | |||||||||
| TREASURER | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARK SCHLAEFLI | |||||||||
| ASST TREASURER | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BRIAN JORGENSON | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICK KENIN | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RANDAL ROWLES | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STACY SHEARD | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| R MILLER STALLINGS | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| H BRYAN BREWER III | |||||||||
| LEGAL ADVISOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN DANIELS | |||||||||
| SPECIAL ADVISOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANCOIS LASSALE | |||||||||
| SPECIAL ADVISOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES VIOLA | |||||||||
| PRESIDENT AND CEO | 40.00 | 1.00 | Yes (X) | $698,861 | $0 | $18,525 | |||
| ROXANNE FOX | |||||||||
| CHIEF OF STAFF (UNTIL 6/2023) | 40.00 | 1.00 | Yes (X) | $218,191 | $0 | $31,168 | |||
| CADE CLARK | |||||||||
| VP OF GOVERNMENT AFFAIRS | 40.00 | 0.00 | $223,131 | $0 | $47,741 | Yes (X) | |||
| MICHAEL HERTZENDORF | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | 0.00 | $213,735 | $0 | $30,796 | Yes (X) | |||
| CHRISTOPHER MARTINO | |||||||||
| VP OF OPERATIONS | 40.00 | 0.00 | $184,076 | $0 | $29,071 | Yes (X) | |||
| CHRISTOPHER HILL | |||||||||
| DIRECTOR OF SAFETY | 40.00 | 0.00 | $163,023 | $0 | $27,408 | Yes (X) | |||
| DANIEL SWEET | |||||||||
| DIRECTOR OF PUBLIC RELATIONS | 40.00 | 0.00 | $153,359 | $0 | $26,424 | Yes (X) | |||
| REGINA KVITOVICH | |||||||||
| DIRECTOR OF PUBLICATIONS | 40.00 | 0.00 | $150,642 | $0 | $26,445 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,005,018 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $237,578 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 17 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE WYMAN COMPANY | |||||
| PO BOX 358780 | GAINSVILLE | FL | 32635 | CONSULTING | $380,560 |
| SMART HR INC | |||||
| PO BOX 1291 | ALEXANDRIA | VA | 22313 | HR CONSULTING | $171,962 |
| CROWELL & MORING | |||||
| 1001 PENNSYLVANIA AVENUE NW | WASHINGTON | DC | 20004 | LEGAL SERVICES | $125,894 |
| CLIFTONLARSONALLEN | |||||
| 220 S 6TH STREET SUITE 300 | OAKLAND | CA | 94608 | ACCOUNTING SERVICES | $103,647 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $134,463 | GovernmentGrantsAmt |
| All Other Contributions | $268,691 | AllOtherContributionsAmt |
| Total Contributions | $403,154 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| CONVENTION | 900099 | $11,994,813 | $11,994,813 | |
| MEMBERSHIP DUES | 900099 | $1,390,700 | $1,390,700 | |
| PROGRAM INCOME | 900099 | $335,541 | $335,541 | |
| PUBLICATION SALES | 900099 | $329,769 | $5,019 | $324,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,050,823 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,637,760 | TotalRevenueColumnAmt |
| Exclusion | $1,637,760 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,256 | TotalRevenueColumnAmt |
| Exclusion | $8,256 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,885,072 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,885,072 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,885,072 | TotalRevenueColumnAmt |
| Exclusion | $2,885,072 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,585,130 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,934,791 | SecuritiesAmt |
| Other | $102,848 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$349,661 | SecuritiesAmt |
| Other | -$102,848 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$452,509 | TotalRevenueColumnAmt |
| Exclusion | -$452,509 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PARKING AGREEMENT | 900099 | $144,564 | $144,564 |
| MISCELLANEOUS REVENUE | 900099 | $13,364 | $13,364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $157,928 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,690,484 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,726,073 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $324,750 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,236,507 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $667,419 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,250 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,000 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,835,570 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,072,513 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,646 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,136 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,078 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $358,654 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,625 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,121 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,742,301 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,391 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $736,582 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,043,911 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $851,947 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,035,143 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $496,540 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,170,565 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,623 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| DUES & SUBSCRIPTIONS | $510,667 |
| TAXES & LICENSES | $206,755 |
| PAYROLL PROCESSING FEES | $173,935 |
| BAD DEBT | $165,757 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,499 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,936,628 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,731,174 | BOYAmt |
| EOY | $2,763,282 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,098,570 | BOYAmt |
| EOY | $759,108 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,705 | BOYAmt |
| EOY | $404,261 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $24,958,849 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,124,706 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,528,097 | BOYAmt |
| EOY | $14,834,143 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,227,341 | BOYAmt |
| EOY | $9,413,395 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,812,692 | BOYAmt |
| EOY | $9,379,997 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,931,564 | BOYAmt |
| EOY | $27,559,421 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,682,143 | BOYAmt |
| EOY | $65,113,607 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $959,852 | BOYAmt |
| EOY | $1,236,389 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,197,968 | BOYAmt |
| EOY | $3,358,590 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,681,377 | BOYAmt |
| EOY | $10,876,477 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500,000 | BOYAmt |
| EOY | $2,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,550,769 | BOYAmt |
| EOY | $22,905,639 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,889,966 | BOYAmt |
| EOY | $40,377,095 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,792,177 | BOYAmt |
| EOY | $24,736,512 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,792,177 | BOYAmt |
| EOY | $24,736,512 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,682,143 | BOYAmt |
| EOY | $65,113,607 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $753,856 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $760,404 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$569,925 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | Yes (1) | AgreeCarryoverPriorYearInd |
| Dues Assessments | $1,390,700 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $298,578 | NonDeductibleLbbyngPltclCYAmt |
| Non Ded Lbbyng Pltcl Cyov | $269,803 | NonDedLbbyngPltclCyovAmt |
| Non Deductible Lbbyng Pltcl Tot | $568,381 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $556,280 | AggregateReportedDuesNtcAmt |
| Carried Over | $12,101 | CarriedOverAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,500,000 | OtherCostOrOtherBasisAmt |
| Book Value | $2,500,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,597,025 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,124,706 | DepreciationAmt |
| Book Value | $5,472,319 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,094,026 | OtherCostOrOtherBasisAmt |
| Book Value | $5,094,026 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $307,185 | OtherCostOrOtherBasisAmt |
| Book Value | $307,185 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,460,613 | OtherCostOrOtherBasisAmt |
| Book Value | $1,460,613 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,834,143 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VAI INVESTMENT IN SUBSIDIARY | Desc |
| Book Value | $9,379,997 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,379,997 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED COMPENSATION LIABILITIES | $457,396 |
| REAL ESTATE COMMISSIONS | $703,950 |
| RENT RECEIVABLES | $4,333,979 |
| INTEREST RATE SWAP | $1,167,487 |
| RIGHT-OF-USE ASSETS | $20,896,609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $27,559,421 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION LIABILITIES | $457,396 |
| SECURITY DEPOSITS | $125,038 |
| LEASE LIABILITY- OPERATING LEASE | $22,323,205 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $22,905,639 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,440,767 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $760,404 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $760,404 | RevenueNotReportedAmt |
| Revenue Subtotal | $18,680,363 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $10,121 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $10,121 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $18,690,484 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,926,507 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,926,507 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $10,121 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $10,121 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,936,628 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, NO PROVISION FOR INCOME TAXES WAS MADE, AS THE ORGANIZATION HAD NO TAXABLE NET UNRELATED BUSINESS INCOME AND DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAXES REQUIRING RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | $150,000 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | $711,561 | PRODUCE EUROPEAN ROTORS CONFERENCE AND PROGRAM |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $861,561 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $861,561 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Purpose Of Grant | GENERAL ASSISTANCE | PurposeOfGrantTxt |
| Cash Grant | $150,000 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAI FOUNDATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 BALLENGER AVENUE | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 521297129 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $607,742 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | CANCELLATION OF DEBT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 4 | RecipientCnt |
| Cash Grant | $8,250 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES VIOLA | ||||||||||||||
| PRESIDENT AND CEO | $698,861 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,525 | $0 | $717,386 | $0 | $0 | $0 |
| CADE CLARK | ||||||||||||||
| VP OF GOVERNMENT AFFAIRS | $223,131 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47,741 | $0 | $270,872 | $0 | $0 | $0 |
| ROXANNE FOX | ||||||||||||||
| CHIEF OF STAFF (UNTIL 6/2023) | $218,191 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31,168 | $0 | $249,359 | $0 | $0 | $0 |
| MICHAEL HERTZENDORF | ||||||||||||||
| CHIEF OPERATING OFFICER | $213,735 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30,796 | $0 | $244,531 | $0 | $0 | $0 |
| CHRISTOPHER MARTINO | ||||||||||||||
| VP OF OPERATIONS | $184,076 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $29,071 | $0 | $213,147 | $0 | $0 | $0 |
| CHRISTOPHER HILL | ||||||||||||||
| DIRECTOR OF SAFETY | $163,023 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27,408 | $0 | $190,431 | $0 | $0 | $0 |
| DANIEL SWEET | ||||||||||||||
| DIRECTOR OF PUBLIC RELATIONS | $153,359 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26,424 | $0 | $179,783 | $0 | $0 | $0 |
| REGINA KVITOVICH | ||||||||||||||
| DIRECTOR OF PUBLICATIONS | $150,642 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26,445 | $0 | $177,087 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE CHAIRMAN AND PRESIDENT/CEO OF THE ASSOCIATION ARE PROVIDED WITH FIRST-CLASS TRAVEL FOR THEMSELVES AND THEIR SPOUSES WHEN THEIR SPOUSE ACCOMPANIES THEM ON A BUSINESS TRIP, UNDER AN ACCOUNTABLE PLAN WHICH WAS APPROVED BY THE EXECUTIVE COMMITTEE. THESE AMOUNTS ARE NOT REPORTED AS TAXABLE COMPENSATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION HAS 5 CLASSES OF MEMBERS. OPERATORS, MANUFACTURER & SUPPLIERS, PILOTS & MECHANICS, UNMANNED AIRCRAFT SYSTEM OPERATORS, AND INDUSTRY PROFESSIONALS. |
| FORM 990, PART VI, SECTION A, LINE 7A | VOTING RIGHTS ARE LIMITED TO OPERATOR MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7B | WHEN A QUORUM IS PRESENT AT ANY MEETING, THE VOTE OF TWO-THIRDS (2/3) OF THE MEMBERS HAVING VOTING POWER IN PERSON OR BY PROXY, ON A QUESTION CAN DECIDE ANY QUESTION BROUGHT BEFORE SUCH MEETING, UNLESS THE QUESTION IS ONE UPON WHICH BY EXPRESS PROVISION OF THE STATUES NOTED IN THE ARTICLES OF INCORPORATION OR BY-LAWS INDICATE A DIFFERENT VOTE IS REQUIRED, IN SUCH CASE EXPRESS PROVISION GOVERNS AND CONTROLS THE DECISION OF SUCH QUESTION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ASSOCIATION HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE FORM 990. UPON SUBMISSION OF THE DRAFT FORM 990, IT IS REVIEWED BY THE PRESIDENT AND CEO. THE FEDERAL FORM 990 IS THEN APPROVED AND FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY AND DISCLOSES AND POTENTIAL CONFLICT OF INTEREST. ALL STAFF AND MEMBERS OF THE BOARD OF DIRECTORS OF THE ASSOCIATION SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THE SIGNED DOCUMENTS ARE REVIEWED BY THE PRESIDENT AND CEO AND GENERAL COUNSEL AND KEPT BY THE CORPORATE SECRETARY. THE CONFLICT OF INTEREST POLICY IS ALWAYS TAKEN INTO CONSIDERATION WHEN THERE IS THE POTENTIAL FOR CONFLICT, PARTICULARLY AS A CONDITION FOR HIRING OR BEGINNING NEW RELATIONSHIP. IF A CONFLICT OF INTEREST EXISTS, THE PRESIDENT AND CEO WILL DETERMINE THE APPROPRIATE STEPS TO BE TAKEN UNDER THE CIRCUMSTANCES. POSSIBLE STEPS INCLUDE BUT ARE NOT LIMITED TO: REQUIRING THE INTERESTED EMPLOYEE TO REFRAIN FROM PARTICIPATING IN ANY DECISION OR POLICY MAKING IN A PENDING MATTER RELATING TO THE CONFLICTING INTEREST: REQUIRING THE EMPLOYEE TO DIVEST THEMSELF OR HERSELF OF THE CONFLICTING INTEREST: OR, SUFFICIENTLY SERIOUS SITUATIONS, TERMINATION OF EMPLOYMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ASSOCIATION EXTENSIVELY USES SALARY SURVEYS AND INDEPENDENT REVIEWS BY OUTSIDE COMPENSATION PROFESSIONALS TO DETEMINE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. EACH YEAR, THE BOARD OF DIRECTORS IS PRESENTED WITH AND ASKED TO GIVE APPROVAL TO ANY PROPOSED AGGREGATE SALARY INCREASE AND IT IS DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION KEEPS ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ON FILE AT THE HEADQUARTERS BUILDING AND MAKES THEM AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST WITHIN THE LIMITS OF THE LAW. |
| FORM 990, PART XI, LINE 9: | MEMBER CONTRIBUTIONS TO LLC -569,925. |
| FORM 990, PART XII, LINE 2C: | THERE WERE NO CHANGES TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAI 1920 BALLENGER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 BELLENGER AVENUE | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 223142898 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454893447 | EIN |
| Primary Activities | TO OWN AND OPERATED MIXED USE BUILDING | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELICOPTER ASSOCIATION INTERNATIONAL | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAI FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 BALLENGER AVENUE | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 223142898 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521297129 | EIN |
| Primary Activities | TO PRESERVE AND PROMOTE HELICOPTER HISTORY AND EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERTICAL AVIATION INTERNATIONAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |