2023-08-03T15:42:26-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-01-01 526043929 AIR & SPACE FORCES ASSOCIATION AIR& 7032475800 1501 LANGSTON BOULEVARD 400 ARLINGTON VA 222091109 BRUCE WRIGHT PRESIDENT 7032475800 2023-08-02 1 BRUCE WRIGHT XXX-XX-XXXX 0 ROBERT WILLIAMS P01345960 5712279500 2023-08-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X BRUCE WRIGHT 1501 LANGSTON BOULEVARD 400 ARLINGTON VA 222091109 53809929 0 5392 X WWW.AFA.ORG X 1956 DC PROMOTE DOMINANT U.S. AIR & SPACE FORCES, STRONG NATIONAL DEFENSE, HONOR AIRMEN & GUARDIANS. 18 18 92 1250 1567496 0 9652582 8605776 10953884 13033362 4675806 421738 703539 727648 25985811 22788524 298562 367000 0 0 9094140 10662617 309299 340661 1486967 8234638 11426947 17936639 22797225 8049172 -8701 48277771 44733276 18793086 18797469 29484685 25935807 X THE AIR & SPACE FORCES ASSOCIATION (AFA) IS A NONPROFIT, INDEPENDENT, PROFESSIONAL MILITARY, AND AEROSPACE EDUCATION ASSOCIATION. IT'S MISSION IS TO PROMOTE DOMINANT U.S. AIR AND SPACE FORCES AS THE FOUNDATION OF A STRONG NATIONAL DEFENSE; TO HONOR ANDCONT'D: SUPPORT OUR AIRMEN, GUARDIANS, AND THEIR FAMILIES; AND TO REMEMBER AND RESPECT OUR ENDURING HERITAGE. 0 0 5149556 9010201 CONFERENCE, SYMPOSIUM, EVENT:AFA HOSTS MAJOR NATIONAL EVENTS TO FACILITATE ETHICAL DIALOG AMONG SENIOR GOVERNMENT AND MILITARY OFFICIALS, AEROSPACE AND OTHER INDUSTRY LEADERS, AIRMEN, GUARDIANS, MEDIA REPRESENTATIVES, EDUCATORS, AND INTERESTED MEMBERS OF THE PUBLIC AND TO PROMOTE INNOVATION, EDUCATION, AND PROFESSIONAL DEVELOPMENT. AFA'S AIR, SPACE & CYBER CONFERENCE IS OUR LARGEST ANNUAL EVENT WITH OVER 16,723 REGISTRANTS IN 2022. 2705152 1647419 AIR FORCE MAGAZINE:AFA'S AIR FORCE MAGAZINE (WWW.AIRFORCEMAG.COM) AND ITS DAILY REPORT E-MAIL NEWSLETTER REPORT ON NEWS, TRENDS, TECHNOLOGY, AND DEVELOPMENTS IN THE US AIR FORCE, AIRPOWER, AND NATIONAL SECURITY. THE ANNUAL AIR FORCE MAGAZINE USAF ALMANAC FEATURES A COMPREHENSIVE COMPENDIUM OF AIR FORCE STATISTICS, HISTORICAL BUDGET AND PERSONNEL DATA, MAPS AND PROFILES OF EVERY AIRCRAFT AND WEAPON SYSTEM IN THE INVENTORY. 3487801 THE MITCHELL INSTITUTE FOR AEROSPACE STUDIES:THE MITCHELL INSTITUTE FOR AEROSPACE STUDIES HARNESSES SEASONED TALENT TO POSITIVELY INFLUENCE THE NATIONAL SECURITY DEBATE BY COGENTLY ARTICULATING HOW THE DOMAINS OF AIR, SPACE, AND CYBER CAN PRUDENTLY ADVANCE THE NATION'S INTERESTS WITHOUT PROJECTING UNDUE LIABILITY AND VULNERABILITY. PRODUCTS INCLUDE SCHOLARLY REPORTS, BRIEFINGS AND VARIOUS OP-EDS TO HELP DEFENSE POLICY PRACTITIONERS, POLICY EXPERTS, AIRPOWER ENTHUSIASTS AND THE GENERAL PUBLIC BETTER UNDERSTAND SPECIFIC TOPICS OF INTEREST. RESTRICTED MITCHELL INSTITUTE CONTRIBUTIONS TOTALED $3,678,964. THESE CONTRIBUTIONS ARE EXCLUDED FROM PART III REVENUE, BUT WERE USED TO EXECUTE PROGRAM OPERATIONS. 1932904 1793647 MEMBERSHIP & FIELD SERVICES:MEMBERSHIP DUES HELP AFA ADVANCE ITS MISSION WITH PRODUCTS LIKE AIR FORCE MAGAZINE AND PROGRAMS LIKE THE WOUNDED AIRMAN PROGRAM. MEMBERS RECEIVE A VARIETY OF BENEFITS, INCLUDING THE MONTHLY MAGAZINE, DISCOUNTS ON PRODUCTS, AND DISCOUNTS ON THE 2 MAJOR EVENTS HELD EACH YEAR. AFA IS LED BY VOLUNTEER LEADERS AT THE NATIONAL, STATE AND LOCAL LEVELS. THESE FIELD LEADERS ARE THE GOVERNING BODY OF AFA. 2233754 51000 582095 CYBERPATRIOT:CYBERPATRIOT IS THE AFA'S NATIONAL YOUTH CYBER EDUCATION PROGRAM CREATED TO ADDRESS A VITAL NATIONAL NEED BY DRAWING STUDENTS TO EDUCATION AND CAREERS IN STEM. THE CORE ELEMENT OF THE PROGRAM IS THE NATIONAL YOUTH CYBER DEFENSE COMPETITION WHICH PUTS MIDDLE AND HIGH SCHOOL STUDENTS IN CHARGE OF SECURING VIRTUAL NETWORKS. OTHER PROGRAM ELEMENTS ARE AFA CYBERCAMPS, THE ELEMENTARY SCHOOL CYBER EDUCATION INITIATIVE, A CHILDREN'S LITERATURE SERIES AND CYBERGENERATIONS, THE SENIOR CITIZENS' CYBER SAFETY INITIATIVE. RESTRICTED CYBERPATRIOT CONTRIBUTIONS TOTALED $1,086,064. THESE CONTRIBUTIONS ARE EXCLUDED FROM PART III REVENUE, BUT WERE USED TO EXECUTE PROGRAM OPERATIONS. 719887 34000 STELLARXPLORERS:STELLARXPLORERS IS AN EDUCATIONAL PROGRAM DESIGNED TO INSPIRE AND ATTRACT STUDENTS TO PURSUE CAREERS IN STEM PROGRAMS THROUGH A CHALLENGING, SPACE SYSTEM DESIGN COMPETITION INVOLVING ALL ASPECTS OF SYSTEM DEVELOPMENT AND OPERATION WITH A SPACECRAFT/PAYLOAD FOCUS. RESTRICTED STELLARXPLORERS CONTRIBUTIONS TOTALED $337,260. THESE CONTRIBUTIONS ARE EXCLUDED FROM PART III REVENUE, BUT WERE USED TO EXECUTE PROGRAM OPERATIONS. 110171 14000 WOUNDED AIRMAN PROGRAM:AFA CONTINUES TO EXPAND OUR FOCUS ON THE TOTAL AIR FORCE FAMILY, WHICH INCLUDES MILITARY SPOUSES, CHILDREN, WINGMEN, AND FAMILIES. AID HAS RANGED FROM FINANCIAL SUPPORT, TO LODGING FOR CAREGIVERS DURING HOSPITAL STAYS, AND INVOLVEMENT IN ADAPTIVE SPORTING EVENTS.RESTRICTED WOUNDED AIRMAN CONTRIBUTIONS TOTALED $87,631. THESE CONTRIBUTIONS ARE EXCLUDED FROM PART III REVENUE, BUT WERE USED TO EXECUTE PROGRAM OPERATIONS. 1045331 1364 OTHER PROGRAMS:OTHER PROGRAM SERVICES INCLUDE GOVERNMENT RELATIONS, COMMUNICATIONS, AFFINITY PROGRAMS, AND DEVELOPMENT OPERATIONS. 503228 268000 AEROSPACE EDUCATION AND PUBLIC AWARENESS:AFA IS DEDICATED TO ENSURING AMERICA'S AEROSPACE EXCELLENCE THROUGH EDUCATION SCHOLARSHIPS, GRANTS, AWARDS, AND PUBLIC AWARENESS. PARTNERSHIPS WITH GROUPS LIKE CIVIL AIR PATROL AND ARNOLD AIR SOCIETY/SILVER WINGS HELP US REACH THE NEXT GENERATION OF AIRPOWER ENTHUSIASTS. THESE CONTRIBUTIONS ARE EXCLUDED FROM PART III REVENUE, BUT WERE USED TO EXECUTE PROGRAM OPERATIONS. 6545275 367000 2377106 17887784 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 202 0 92 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR CA CT FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OK OR PA RI SC TN UT VA WI WV X JOSEPH STANGL CFO 7032475825 1501 LANGSTON BOULEVARD SUITE 400 ARLINGTON VA 222091109 DAVID DEPTULA DEAN, MITCHELL INSTITUTE 40.00 0.00 X 554351 0 24098 BRUCE A WRIGHT PRESIDENT 35.00 5.00 X 486116 0 42281 DOUGLAS RAABERG EXECUTIVE VP 35.00 5.00 X 306460 0 29071 JOSEPH STANGL CHIEF FINANCIAL OFFICER 35.00 5.00 X 224614 0 38579 TOBIAS NAEGELE EDITOR IN CHIEF/VP STRATEGIC COMM 40.00 0.00 X 209737 0 47930 MARK GUNZINGER DR. OF GOV. STUDIES/WARGAMING 40.00 0.00 X 215510 0 41938 WILLIAM CASTLE VP, LEGISLATIVE AFFAIRS 40.00 0.00 X 228203 0 18739 ROBERT CLAPPER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 215702 0 25754 DOUG BIRKEY EXECUTIVE DIRECTOR, MITCHELL INST. 40.00 0.00 X 219283 0 21682 KARI VOLIVA VP, MEMBERSHIP 40.00 0.00 X 193545 0 17725 STUART PETTIS DR. OF AEROSPACE EDUCATION PROGRAMS` 40.00 0.00 X 188108 0 17417 AMANDA GRANDEL SENIOR DR. STRATEGIC EVENTS 40.00 0.00 X 161075 0 14773 BERNIE SKOCH CHAIR 23.00 1.00 X X 0 0 0 GERALD R MURRAY CHAIR (UNTIL SEPT 2022) 23.00 1.00 X X 0 0 0 JIM SIMONS VCOB, FIELD OPERATIONS 18.00 1.00 X X 0 0 0 STEPHEN GOURLEY VCOB, AEROSPACE EDUCATION 13.00 1.00 X X 0 0 0 CHUCK MARTIN NATIONAL TREASURER 6.00 1.00 X X 0 0 0 MICHAEL J LIQUORI NATIONAL SECRETARY 8.00 1.00 X X 0 0 0 GAVIN MAC MACALOON DIRECTOR 3.00 1.00 X 0 0 0 JANELLE STAFFORD DIRECTOR 3.00 1.00 X 0 0 0 GABBE KEARNEY DIRECTOR 3.00 1.00 X 0 0 0 LEN VERNAMONTI DIRECTOR 17.00 1.00 X 0 0 0 BOBI OATES DIRECTOR 3.00 1.00 X 0 0 0 MARK TARPLEY DIRECTOR 3.00 1.00 X 0 0 0 JACKIE TROTTER DIRECTOR 3.00 1.00 X 0 0 0 PAUL HENDRICKS DIRECTOR 3.00 1.00 X 0 0 0 ROBIN RAND NATIONAL DIRECTOR 3.00 1.00 X 0 0 0 THOMAS DEALE NATIONAL DIRECTOR 3.00 1.00 X 0 0 0 KATHLEEN FERGUSON NATIONAL DIRECTOR 3.00 1.00 X 0 0 0 ROGER TEAGUE NATIONAL DIR. (UNTIL SEPT 2022) 3.00 1.00 X 0 0 0 DAVID GOLDFEIN DIRECTOR 3.00 1.00 X 0 0 0 KALETH WRIGHT DIRECTOR 3.00 1.00 X 0 0 0 SUSAN MALLETT DIRECTOR (UNTIL SEPT 2022) 3.00 1.00 X 0 0 0 3202704 0 339987 32 0 1 0 NATIONAL TRADE PRODUCTIONS INC 313 SOUTH PATRICK ST ALEXANDRIA VA 22314 EXPOSITION SERVICES 511397 LSC COMMUNICATION PO BOX 531840 ATLANTA GA 30353 MAGAZINE PRINT/DISTRIBUTION 462082 CIAS ONE UTSA CIRCLE SAN ANTONIO TX 78249 COMPETITION SOFTWARE PRODUCTION 343275 GETTINGS PRODUCTIONS INC 275 NORTH LAKE SHORE DR OCOEE FL 34761 EXPOSITION SERVICES 250778 CORDIA RESOURCES 8830 BOONE BLVD SUITE 350 VIENNA VA 22182 MGMT SUPPORT SERVICES 247546 22 192111 277185 653572 7482908 8605776 EVENT REVENUE 900099 9010201 9010201 DUES & SUBSCRIPTIONS 900099 1793647 1793647 PUBLICATIONS ADS 900099 1647419 79923 1567496 CYBERPATRIOT REGS. 541800 582095 582095 13033362 607168 607168 725784 725784 500 0 500 500 500 30835975 31021405 -185430 -185430 -185430 OTHER REVENUE 900099 1364 1364 1364 22788524 11467230 1567496 1148022 X 29250 29250 337750 337750 1719763 1315493 306837 97433 7274231 5496215 1279011 499005 734993 553858 132288 48847 355791 272806 62985 20000 577839 447259 91078 39502 130002 79397 42959 7646 38440 38440 340661 340661 99331 99331 3015227 2032804 928961 53462 62933 44615 14861 3457 1743082 1117932 26611 598539 644042 586318 57724 472741 430923 41818 574009 475541 81662 16806 3271872 3235994 9896 25982 2127 2127 99791 80925 18866 213370 48973 164397 MAGAZINE 803851 802919 932 CHAPTER REBATES 136625 136625 OTHER EXPENSES 108458 87369 20847 242 TAXES AND FEES 36125 5430 14133 16562 -25079 269388 106050 -400517 22797225 17887784 3422474 1486967 X 529380 232290 129575 167515 6665100 7270093 2595298 1050413 700250 1015 680982 1099438 68350 114247 881076 563246 2707575 2109384 865998 598191 34679186 31703071 1141531 2333562 48277771 44733276 4498414 6568632 7516854 8454748 1272108 926196 5505710 2847893 18793086 18797469 X 23892180 21607935 5592505 4327872 29484685 25935807 48277771 44733276 X -8701 -4874712 1334535 X 0 1 X 1 0 X 6005970 7720242 8198714 9652582 8605776 40183284 9183994 9636144 5663022 9771905 11465866 45720931 15189964 17356386 13861736 19424487 20071642 85904215 0 683449 201275 589208 307766 870398 2652096 683449 201275 589208 307766 870398 2652096 83252119 468103 1711220 1437568 1281549 1333452 6231892 468103 1711220 1437568 1281549 1333452 6231892 2286 3251 1346526 1832 1364 1355259 15660353 19070857 16645830 20707868 21406458 93491366 0.89050 0.92170 0.06670 0.06270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 331788 331788 22543117 22874905 1000000 250000 0 0 1000000 879822 1000000 1000000 3879822 5819733 141000 331788 472788 250000 219956 250000 250000 969956 1454934 2456025 5548 -362916 28500 39857 2030300 2144573 3149 383378 28500 46575 2456025 1929792 5550 277500 24500 43769 2144573 1621051 7175 364449 23500 39383 1929792 1793441 5050 -123359 21000 33081 1621051 0.59000 0.41000 0 0 2707575 2109384 598191 598191 ACCRUED INTEREST RECEIVABLE 51591 457F ASSETS 63787 DUE FROM RELATED PARTY 2218184 2333562 OTHER LIABLITY 29634 PENSION LIABILITY 2753340 457F LIABILITY 64919 2847893 X 18791238 -4874712 1155646 -3719066 22510304 99331 178889 278220 22788524 22697894 0 22697894 99331 99331 22797225 PART V, LINE 4: ENDOWMENT FUNDS WILL BE USED FOR SCHOLARSHIPS AND AWARDS AND IN ACCORDANCE WITH THE WISHES OF THE DONOR. PART X, LINE 2: AFA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IT HAS BEEN DETERMINED THAT AFA IS NOT A PRIVATE FOUNDATION AS IT MEETS THE REQUIREMENTS OF BEING PUBLICLY SUPPORTED UNDER IRC SECTION 509(A)(2). AFA EVALUATED ITS TAX POSITION AND DETERMINED THAT ITS POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE AFA'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PENSION 1,155,646. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ALLOCATION 178,889. X X X X X X X 1 LYNCH PINNACLE 5425 WISCONSIN AVENUE SUITE 600 CHEVY CHASE MD 20815 CORPORATE FUNDRAISING CONSULTANT 0 1025600 180091 845509 K2D STRATEGIES 4075 WILSON BLVD SUITE 800 ARLINGTON VA 22203 DIRECT MAIL FUNDRAISING CONSULTANT 0 129238 117900 11338 DIRECTMAILCOM 5351 KETCH ROAD PRINCE FREDERICK MD 20678 DIRECT MAIL FUNDRAISING CONSULTANT 0 95526 95526 0 1250364 393517 856847 AL AK AR CA CT CO OH DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NY NC ND NM NV OH OK OR PA RI SC TN TX UT VA WA WV WI SCHEDULE G, PART I, LINE 2B, COLUMN (V) AIR & SPACE FORCES ASSOCIATION (AFA) PAID PROFESSIONAL FUNDRAISERS FOR PROFESSIONAL FUNDRAISING SERVICES AND ADMINISTRATIVE FEES. SCHEDULE G PART I LINE 2B AMOUNTS PAID TO FUNDRAISER LISTED FOR PROFESSIONAL FUNDRAISING INCLUDES ALL AMOUNTS PAID TO THE FUNDRAISER. CONVERSLY, THE AMOUNTS ARE BROKEN OUT INTO THEIR NATURAL CLASSIFICATION IN THE 990 PART IX. THEREFORE, THE AMOUNTS REPORTED IN SCHEDULE G PART I LINE 2B WILL NOT DIRECTLY AGREE TO THE AMOUNT ON 990 PART IX LINE 11E WHICH INCLUDES ONLY THE PROFESSIONAL SERVICES AND EXCLUDES PRINTING AND ANCILLARY COSTS REPORTED IN THEIR RELEVANT NATURAL CLASSIFICATION ON 990 PART IX. 1 HQ CIVIL AIR PATROL 105 SOUTH HANSELL STREET BLDG 714 MAXWELL AFB AL 36112 756037853 501(C)(3) 29250 0 N/A N/A PROVIDES GRANTS TO CIVIL AIR PATROL UNITS TO ENHANCE AEROSPACE EDUCATION 1 0 AEROSPACE EDUCATION SCHOLARSHIPS 41 130500 PITSENBARGER 62 46500 AF JUNIOR ROTC GRANT 57 14250 EDUCATOR GRANT 28 14000 TEACHER OF THE YEAR 88 33500 STELLARXPLORERS SCHOLARSHIPS 17 34000 CYBERPATRIOT 34 51000 WOUNDED AIRMAN PROGRAM 2 14000 PART I, LINE 2: RECIPIENTS ARE AWARDED GRANTS BASED ON A COMPETITIVE APPLICATION PROCESS. GRANTEES SUBMIT PROGRESS AND ACTION REPORTS DESCRIBING THE ACTIVITIES CONDUCTED, OBJECTIVES MET, PROJECT OUTCOMES, AND HOW FUNDS WERE SPENT IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT. X X X X X 0 1 0 1 0 0 0 0 0 DAVID DEPTULA DEAN, MITCHELL INSTITUTE 399551 0 154800 0 0 0 21362 0 2736 0 578449 0 0 0 BRUCE A WRIGHT PRESIDENT 401116 0 85000 0 0 0 39828 0 2453 0 528397 0 0 0 DOUGLAS RAABERG EXECUTIVE VP 299960 0 6500 0 0 0 26925 0 2146 0 335531 0 0 0 JOSEPH STANGL CHIEF FINANCIAL OFFICER 220423 0 4191 0 0 0 20512 0 18067 0 263193 0 0 0 TOBIAS NAEGELE EDITOR IN CHIEF/VP STRATEGIC COMM 205546 0 4191 0 0 0 20073 0 27857 0 257667 0 0 0 MARK GUNZINGER DR. OF GOV. STUDIES/WARGAMING 207510 0 8000 0 0 0 19396 0 22542 0 257448 0 0 0 WILLIAM CASTLE VP, LEGISLATIVE AFFAIRS 224203 0 4000 0 0 0 17191 0 1548 0 246942 0 0 0 ROBERT CLAPPER CHIEF DEVELOPMENT OFFICER 212002 0 3700 0 0 0 17158 0 8596 0 241456 0 0 0 DOUG BIRKEY EXECUTIVE DIRECTOR, MITCHELL INST. 209283 0 10000 0 0 0 19734 0 1948 0 240965 0 0 0 KARI VOLIVA VP, MEMBERSHIP 190045 0 3500 0 0 0 17392 0 333 0 211270 0 0 0 STUART PETTIS DR. OF AEROSPACE EDUCATION PROGRAMS` 184808 0 3300 0 0 0 15414 0 2003 0 205525 0 0 0 AMANDA GRANDEL SENIOR DR. STRATEGIC EVENTS 157825 0 3250 0 0 0 14440 0 333 0 175848 0 0 0 PART I, LINE 4B AFA CONTRIBUTED TO A 457(F) PLAN IN THE AMOUNT OF $15,000 DURING 2022 ON BEHALF OF THE PRESIDENT. COMPENSATION WILL NOT BE PAID OUT UNTIL FULLY VESTED IN THE PLAN. PART I, LINE 5 THE PRESIDENT HAS A BASELINE BONUS. ANY INCREASE OVER THAT BONUS AMOUNT IS BASED, IN PART, BY THE REVENUE PERFORMANCE OF THE ASSOCIATION. THE DEAN OF THE MITCHELL INSTITUTE RECEIVES A BONUS CONTINGENT ON MEETING PERFORMANCE AND FINANICAL GOALS SET FORTH IN THE DEAN'S EMPLOYMENT CONTRACT. AFA ALSO GRANTS BONUSES TO STAFF, AT THE PRESIDENT'S DISCRETION. PART OF THE PERFORMANCE EVALUATION FOR THE BONUSES INCLUDES REVENUE GENERATION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE NATIONAL OFFICERS AND TWO ADDITIONAL NATIONAL DIRECTORS APPOINTED BY THE CHAIRMAN. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD WHEN THE FULL BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS VARIOUS CLASSES OF MEMBERS BASED ON LENGTH OF MEMBERSHIP AND TYPE. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING DELEGATES OF THE ORGANIZATION ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE DELEGATES OF THE ORGANIZATION APPROVE THE AIR & SPACE FORCES ASSOCIATION STATEMENT OF POLICY; ELECT MEMBERS OF THE GOVERNING BODY; APPROVE DUES CHANGES; AND APPROVE CHANGES TO AIR & SPACE FORCES ASSOCIATION CONSTITUTION. FORM 990, PART VI, SECTION B, LINE 11B AFTER PREPARATION BY AFA'S CPA FIRM, AFA STAFF ALONG WITH THE FINANCE COMMITTEE AND AUDIT COMMITTEE CHAIR PERFORM A THOROUGH REVIEW. A COPY OF THE FORM 990 IS THEN PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C HANDLING A CONFLICT OF INTEREST THAT ARISES AT A MEETING - A DIRECTOR SHOULD BE SENSITIVE TO ANY INTEREST HE OR SHE MAY HAVE IN A DECISION TO BE MADE BY THE BOARD OF DIRECTORS AND, INSOFAR AS POSSIBLE, RECOGNIZE THAT SUCH INTEREST EXISTS PRIOR TO THE DISCUSSION OR PRESENTATION OF SUCH A MATTER BEFORE THE BOARD. WHEN A DIRECTOR HAS AN INTEREST IN A TRANSACTION BEING CONSIDERED BY THE BOARD, HE OR SHE SHOULD DISCLOSE THE CONFLICT BEFORE THE BOARD TAKES ACTION ON THE MATTER. THE DIRECTOR SHALL REFRAIN FROM VOTING ON ANY SUCH TRANSACTION, PARTICIPATING IN DELIBERATIONS CONCERNING IT, OR USING PERSONAL INFLUENCE IN ANY WAY. THE DIRECTOR'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE QUORUM FOR ANY AIR & SPACE FORCES ASSOCIATION BUSINESS TRANSACTION IN WHICH HE OR SHE HAS A POSSIBLE INTEREST. IF THE DIRECTOR RECOGNIZES THAT THE CONFLICT IS ONGOING AND THAT THE INFORMATION DISCUSSED AT THE BOARD MEETING WILL BEAR ON THAT CONFLICT, THE DIRECTOR SHOULD NOT PARTICIPATE IN THAT PORTION OF THE DISCUSSION AND LEAVE THE ROOM. BOARD MEMBERS SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. THIS POLICY IS MONITORED BY THE MEMBERS OF THE GOVERNING BOARD CONTINUOUSLY THROUGH THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT ONLY - THE PRESIDENT'S COMPENSATION IS SET BY THE PRESIDENTS EVALUATION & COMPENSATION COMMITTEE, AN INDEPENDENT COMMITTEE, WHO REVIEWS AND DOCUMENTS COMPENSATION DELIBERATIONS ANNUALLY. THE PRESIDENT'S COMPENSATION WAS REVIEWED BY AN OUTSIDE CONSULTING FIRM. THE FIRM COMPARED THE COMPENSATION OF THE PRESIDENT TO OTHER SIMILAR ASSOCIATIONS. A LAWYER WHO SPECIALIZES IN ASSOCIATIONS WAS CONSULTED AS PART OF THIS REVIEW. FORM 990, PART VI, SECTION C, LINE 19 AIR & SPACE FORCES ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,616,057. MANAGEMENT AND GENERAL EXPENSES 914,301. FUNDRAISING EXPENSES 51,625. TOTAL EXPENSES 2,581,983. COMMISSIONS: PROGRAM SERVICE EXPENSES 413,657. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 413,657. STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 3,090. MANAGEMENT AND GENERAL EXPENSES 14,660. FUNDRAISING EXPENSES 1,837. TOTAL EXPENSES 19,587. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 1,155,646. INTERCOMPANY ALLOCATION 178,889. AFA TITLE HOLDING COMPANY 1501 LANGSTON BOULEVARD SUITE 400 ARLINGTON VA 22204 842095604 HOLDS TITLE OF AFA BUILDING VA 501(C)(2) AIR & SPACE FORCES ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 0 THC TITLE HOLDING COMPANY N 527003 COST THC TITLE HOLDING COMPANY Q 178889 COST THC TITLE HOLDING COMPANY K 105406 COST THC TITLE HOLDING COMPANY L 16327 COST