2012-03-01T15:43:05-06:00 2011-02-28 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2010-03-01 390917537 Experimental Aircraft Association Inc EXPE 9204264800 PO BOX 3086 Oshkosh WI 549033086 Brian Wierzbinski 2012-01-16 4142898200 2010 2016-02-24 21:20:13Z Rodney Hightower PRESIDENT 3000 POBEREZNY ROAD OSHKOSH WI 54902 37827379 false X WWW.EAA.ORG X 1955 WI EAA is dedicated to growing aviation through participation. EAA ignites and nurtures interest by embracing the "Spirit of Aviation" in all that we do. 35 32 878 6000 1930819 0 16782108 10089256 17122002 22251163 -192355 42017 2245543 2305954 35957298 34688390 66900 315622 0 0 12688090 12732818 0 0 869390 22675517 22098456 35430507 35146896 526791 -458506 33420901 37022419 16600168 20497519 16820733 16524900 X EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. IS dedicated to growing aviation through participation. We strive to deliver offerings and activities which guide new participants, reduce barriers to participation, and make participation easier and more fun. EAA ignites and nurtures interest by embracing the "Spirit of Aviation" in all that we do. EAA is organized and operated exclusively for educational, scientific and charitable purposes. EAA cooperates with and assists governmental agencies in the development of programs relating to aviation activities, promotes and encourages aviation safety, promotes and encourages grass roots efforts relating to aviation research and development and promotes and encourages aviation among youth through education. false false 8589123 0 12766757 AIRVENTURE - THE WORLD'S LARGEST AVIATION EVENT IS HELD EACH YEAR IN LATE JULY. AIRVENTURE EDUCATES THOSE ATTENDING ON AVIATION AND AIRCRAFT THROUGH EXHIBITS, DEMONSTRATION AIRSHOWS, EDUCATIONAL SESSIONS, AND INTERACTIVE DISPLAYS. 3550182 0 2133547 PUBLICATIONS - "SPORT AVIATION" is a MONTHLY PUBLICATION ISSUED TO MEMBERS WITH A VARIETY OF INFORMATION ON AVIATION. "AIRVENTURE TODAY" IS A Daily newspaper PRINTED EVERY DAY DURING AIRVENTURE. 3159115 0 2220511 MUSEUM - THE AIRVENTURE MUSEUM HOUSES A COLLECTION OF OVER 250 HISTORIC AIRPLANES AND THOUSANDS OF AVIATION ARTIFACTS. THE MUSEUM PRESERVES AVIATION HISTORY AND OFFERS A PLACE FOR YOUTH TO ALLOW THEIR IMAGINATION TO TAKE FLIGHT. 12664193 315622 7295824 VARIOUS PROGRAM SERVICE ACTIVITIES 12664193 315622 7295824 27962613 true true false true false false true false true true false false true true true false true false false false false false false true true false true true true true false false false false false false false false true false true true false false false true true true false false true 165 7 true 878 true true true false false false false true true false false false true false X 35 32 true false false false true true true true true false false true true true true true true true true false WI X BRIAN WIERZBINSKI 9204264812 3000 POBEREZNY RD OSHKOSH WI 54901 X VICTOR G ABBEY 10.0 X 0 0 0 Doug Bartlett 10.0 X 0 0 0 Richard Beattie 10.0 X 0 0 0 Richard W Beebe II 10.0 X 0 0 0 Barry Davis 10.0 X 0 0 0 Norm Dewitt 10.0 X 0 0 0 Eileen Drake 10.0 X 0 0 0 Jack Dueck 10.0 X 0 0 0 Susan Dusenbury 10.0 X 0 0 0 Richard W Hansen 10.0 X 0 0 0 Jack Harrington 10.0 X 0 0 0 Carla Larsh 10.0 X 0 0 0 David Lau 10.0 X 0 0 0 Jimmy Leeward 10.0 X 0 0 0 Daniel A Majka 10.0 X 0 0 0 Phil Martineau 10.0 X 0 0 0 Jim Phillips 10.0 X 0 0 0 Phil Poyner 10.0 X 0 0 0 Charles Precourt 10.0 X 0 0 0 Alan Ritchie 10.0 X 0 0 0 Geoff Robison 10.0 X 0 0 0 Ray scholler 10.0 X 0 0 0 Dan Schwinn 10.0 X 0 0 0 Rand Siegfried 10.0 X 0 0 0 Rick Siegfried 10.0 X 0 0 0 Don Taylor 10.0 X 0 0 0 Fred Telling 10.0 X 0 0 0 Kermit Weeks 10.0 X 0 0 0 Rick Weiss 10.0 X 0 0 0 Louis J Andrew Jr 10.0 X X 0 0 0 Eric Gurley 10.0 X X 0 0 0 Rodney Hightower 40.0 X X 110983 0 5873 Paul H Poberezny 10.0 X 111745 0 25923 Thomas P Poberezny 40.0 X X 488196 0 81686 Alan Shackleton 10.0 X X 0 0 0 Brian Wierzbinski 40.0 X 253685 0 48767 ADAM SMITH 40.0 X 195852 0 37409 Rick Larsen 40.0 X 200079 0 43396 Elissa Lines 40.0 X 192494 0 40839 JOHN CARRIER 40.0 X 115593 0 24014 Karen Gardinier 40.0 X 118714 0 26452 JEFFrey KAUFMAN 40.0 X 100168 0 23317 Earl Lawrence 40.0 X 156608 0 33994 Julie Watson 40.0 X 100615 0 16688 2144732 0 408358 12 false true false PITNEY BOWES INTERNATIONAL 1 ELMCROFT ROAD STAMFORD CT 06929 POSTAGE SERVICE 269739 MPB BUILDERS INC 654 E OSHKOSH ST RIPON WI 54971 CONSTRUCTION 212988 GRANT THORNTON LLP 100 E WISCONSIN AVE SUITE 2100 MILWAUKEE WI 53202 ACCOUNTING 209165 PSA 485 EAST HALF DAY ROAD BUFFALO GROVE IL 60089 MEMBERSHIP ACQUISTN 195888 PITNEY BOWES PRESORT SERVICES 1 ELMCROFT ROAD STAMFORD CT 06926 POSTAGE SERVICE 195621 15 2305398 1037404 6746454 929891 10089256 FLY-IN: REGISTRATION 900099 6018238 6018238 MEMBERSHIP DUES 900099 5544762 5544762 FLY-IN: RENTALS 532000 3998894 3998894 PUBLICATION/ADVERTISING 541800 1990771 112005 1878766 AIRCRAFT ADMISSIONS 900099 1662882 1662882 3035616 2458392 577224 22251163 60117 60117 0 123456 123456 94434 211376 94434 211376 305810 211376 94434 62646 22633 63781 39598 -1135 -16965 -18100 -18100 84963 2305398 741768 -656805 -656805 538987 428246 110741 110741 2259237 1865596 393641 341588 52053 ADMINISTRATIVE FEES 561000 1391134 1391134 INSURANCE COMMISSIONS 900099 406452 406452 DISPLAY CONSTRUCTION INCOME 900099 128772 128772 102753 92606 10147 2029111 34688390 17961755 1930819 4706560 174427 174427 141195 141195 0 0 2628432 640358 1614180 373894 14280 14280 7611335 3771935 3790977 48423 626253 626253 1231394 693 1230426 275 621124 254858 357484 8782 0 48873 48873 197729 197729 240005 240005 0 0 2062439 2028469 257105 -223135 782248 718945 20859 42444 4192879 3500056 613246 79577 268683 268683 0 2175501 114360 2061141 987742 851631 92266 43845 0 181639 118606 55150 7883 161524 184 161340 0 1854006 72546 1781460 1385140 54662 1329499 979 RESTRICTED FUNDS EXPENDITURE 3666606 3666606 REPAIRS AND MAINTENANCE 647118 340867 303988 2263 CREDIT CARD DISCOUNTS 578929 578929 FUEL 557976 497248 60728 PUBLIC RELATIONS 448339 330540 84072 33727 1661080 10430142 -9219495 450433 35146896 27962613 6314893 869390 642280 2132839 1651633 815680 448837 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RESTRICTED RESTRICTED 0 240005 240005 34906891 35146896 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 240000 240000 240000 240005 960005 250000 0 0 0 250000 375000 0 0 0 0 0 0 2831420 X X X school age educational programs false 2960055 2960055 5831390 2155203 3676187 17422035 4415122 13006913 12342134 10487807 1854327 8636299 5275426 3360873 24858355 PROJECTS IN PROCESS 355065 LIFE INSURANCE 158846 DEFERRED COMPENSATION 501560 MUSEUM DISPLAY AIRCRAFT 2831420 3846891 0 DEFERRED COMPENSATION 1301085 REVENUE BOND INTEREST SWAP 272576 1573661 34688390 35146896 -458506 192561 -29888 162673 -295833 38094350 192561 250000 3059465 3502026 34592324 96066 96066 34688390 38390183 250000 3035610 3285610 35104573 42323 42323 35146896 collections of art and historical treasures exempt purpose schedule d, part iii, line 4 EAA, TOGETHER WITH EAA FOUNDATION MAINTAINS A COLLECTION OF HISTORIC ARTIFACTS AND ARCHIVAL MATERIALS RELATED TO THE HISTORY OF RECREATIONAL AVIATION - NUMBERING APPROXimately 200 AIRPLANES, 400 ENGINES, 20,000 OTHER ARTIFACTS, 20,000 BOOKS AND PERIODICALS, 1.2 MILLION PHOTOGRAPHS AND 6,000 HOURS OF FILM AND VIDEO. THESE COLLECTIONS ARE USED FOR EDUCATIONAL PURPOSES, THROUGH THE EXHIBITS AND PROGRAMS OF the WORLD-RENOWNED AIRVENTURE MUSEUM. The Museum is OPEN TO THE GENERAL PUBLIC, offers a public research library, and is accessible through a series of websites that attract over 10 million visits per year. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740-10 SCHEDULE D, PART X AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE IN FINANCIAL ACCOUNTING STANDARDS BOARD ("fasb") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, THE ASSOCIATION AND THE FOUNDATION RECOGNIZE THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE-LIKELY-THAN- NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE ASSOCIATION AND THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE IN ASC 740 TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO LONGER OPEN FOR YEARS BEFORE 2008 FOR FEDERAL INCOME TAX PURPOSES. FOR STATE INCOME TAX PURPOSES, THE STATE OF LIMITATIONS IS NO LONGER OPEN FOR YEARS BEFORE 2007. THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAX THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THE YEARS ENDED FEBRUARY 28, 2011 AND 2010. OTHER ADJUSTMENTS TO NET ASSETS FROM FORM 990 TO FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 8 Change in Cash surrender value 26,706 Unrealized loss on interest rate swap (2,851) Marketing Chargeback (53,400) Other (346) Rounding 3 Total $(29,888) REVENUES ON LINE 1 NOT FORM 990, PART VIII, LINE 12 SCHEDULE D, PART XII, LINE 2D SPECIAL EVENTS EXPENSE REPORTED ON LINES 8B AND 9B 1,170,014 COST OF GOOD SOLD REPORTED ON LINE 10B 1,865,596 Change in cash surrender value 26,706 UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENT (2,851) TOTAL $ 3,059,465 REVENUES IN FORM 990, PART VIII, LINE 12, NOT LINE 1 SCHEDULE D, PART XII, LINE 4B MARKETING SERVICE CHARGEBACK 53,400 Book/Tax Difference 42,666 TOTAL $ 96,066 EXPENSES ON LINE 1 NOT FORM 990, PART IX, LINE 25 SCHEDULE D, PART XIII, LINE 2D SPECIAL EVENTS EXPENSE REPORTED ON LINES 8B AND 9B 1,170,014 COST OF GOOD SOLD REPORTED ON LINE 10B 1,865,596 TOTAL $ 3,035,610 EXPENSES IN FORM 990, PART IX, LINE 25, NOT LINE 1 SCHEDULE D, PART XIII, LINE 4B BOOK/TAX DIFFERENCE 42,666 OTHER (346) ROUNDING 3 TOTAL $ 42,323 AUCTION 2305398 2305398 199680 113111 101798 3200 260739 HOPS AND PROPS 69658 69658 1668 18459 5100 24510 1 15305 15305 13503 2390361 2305398 84963 199680 114779 120257 8300 298752 741768 -656805 538987 9750 280399 138097 true 0.75000 538987 9750 280399 138097 428246 110741 WI true false true false 0.95000 0.05000 Tony Wihlm 3000 Poberezny Road Oshkosh WI 54903 false Tony Wihlm 0 Contributions Controller and Volunteer Coordinator X false GAMING ACTIVITIES SCHEDULE G, PART III GAMING INCLUDES THE ANNUAL SWEEPSTAKES AND YOUNG EAGLES RAFFLE. PROCEEDS FROM ALL GAMING ACTIVITIES SUPPORT EAA'S MISSION TO GROW THE NEXT GENERATION OF AVIATORS. true EAA Warbirds of America 3000 Poberezny Rd oshkosh WI 54903 391411316 501(C)(3) 161578 Land Improvement EAA Vintage Aircraft Association 3000 Poberezny Rd oshkosh WI 54903 237240830 501(C)(3) 6000 Land Improvement 2 0 Educational Scholarship 111 141195 ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 EAA ASKS ORGANIZATIONS TO SUBMIT A LETTER DETAILING THE USE OR PURPOSE FOR THE REQUESTED ASSISTANCE (SERVICE, IN-KIND, CASH). LETTER SHOULD INCLUDE: - DATE, TIME AND OTHER PERTINENT INFORMATION - VERIFICATION OF CHARITABLE STATUS - CLEAR STATEMENT OF REQUEST - IF SEEKING FACILITY USE, THE APPLICATION MUST LIST THE EVENT/ACTIVITY FORMAT, ANTICIPATED OUTCOMES, DATES, TIME, ANTICIPATED ATTENDANCE AND OTHER SPECIFICS - PARTICULAR SPECIAL NEEDS - ORGANIZATION MISSION AND BACKGROUND EAA HAS A COMMUNITY OUTREACH COMMITTEE THAT REVIEWS ALL REQUESTS AND MAKES RECOMMENDATIONS TO THE SENIOR LEADERSHIP TEAM. THE SENIOR LEADERSHIP TEAM DETERMINES WHAT ASSISTANCE WILL BE PROVIDED TO OUTSIDE ORGANIZATIONS. STUDENT SCHOLARSHIPS ARE AWARDED BASED ON DONOR DESIGNED CRITERIA. THESE PARAMEtERS COULD INCLUDE GEOGRAPHIC LOCATION, GENDER, FINANCIAL NEED OR A DIVERSITY REQUEST. THE DONOR IS NOT INVOLVED IN THE SELECTION PROCESS, AS THE SCHOLARSHIPS ARE AWARDED THROUGH AN INDEPENDENT SELECTION COMMITTEE. X X X X true true X X X false true false true false true false false false Thomas P Poberezny 355895 0 132301 0 0 0 51029 0 30657 0 569882 0 0 0 ADAM SMITH 163482 0 32370 0 0 0 19238 0 18171 0 233261 0 0 0 Brian Wierzbinski 205078 0 48607 0 0 0 25370 0 23397 0 302452 0 0 0 Rick Larsen 168052 0 32027 0 0 0 19609 0 23787 0 243475 0 0 0 Elissa Lines 158362 0 34132 0 0 0 18822 0 22017 0 233333 0 0 0 Earl Lawrence 130823 0 25785 0 0 0 14442 0 19552 0 190602 0 0 0 INFORMATION CONCERNING CERTAIN FRINGE BENEFITS SCHEDULE J, PART I, LINE 1A The organization provides first class air travel for the president/ceo based on the quantity of traveling required and work requirements. The organization provides reimbursement for travel for companions of persons listed in Form 990, Part VII, Section A, Line 1A. All such reimbursement is pursuant to a written policy and requires substantiation of expenditures and their business purpose prior to reimbursement. During the 2010 tax year, these reimbursements were for the spouse of the EAA president and the spouse of the eaa founder. temporary housing WAS PROVIDED BY EAA for the NEW President/CEO while relocating. The NEW president/ceo's wages were grossed-up for the value of this temporary housing. PARTICIPATION IN PAYMENT FROM SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B PERSONS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A THAT PARTICIPATED IN, OR RECEIVED PAYMENT FROM, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN INCLUDE: NAME: AMOUNT: PAUL POBEREZY $ 78,468 THOMAS P. POBEREZY $ 25,658 COMPENSATION CONTINGENT ON REVENUES OF THE ORGANIZATION SCHEDULE J, PART I, LINE 5A CONSIDERATION IS GIVEN IN DETERMINING INCENTIVE COMPENSATION BASED ON GROSS OPERATING REVENUE FOR THE PRESIDENT AND KEY EMPLOYEES HOWEVER, THIS INCENTIVE COMPENSATION IS NOT AUTOMATIC UPON OBTAINING MILESTONES. COMPENSATION CONTINGENT ON NET EARNINGS OF THE ORGANIZATION SCHEDULE J, PART I, LINE 6A CONSIDERATION IS GIVEN IN DETERMINING INCENTIVE COMPENSATION BASED ON NET OPERATING INCOME FOR THE PRESIDENT AND KEY EMPLOYEES HOWEVER, THIS INCENTIVE COMPENSATION IS NOT AUTOMATIC UPON OBTAINING MILESTONES. Town of Nekimi 396083771 2009-07-01 10000000 AIRVENTURE GROUNDS CAPITAL IMP false false false 0 0 10000000 0 0 0 0 0 0 7430831 0 2569169 2028 false false false true false false false false true 0.00000 0.00000 0.00000 true false true true Associated Bank Corp 5. false false false Na 0. false false lESLIE Poberezny Presidents daugther 14280 Compensation false X 2 31042 FAIR VALUE X 2 7192 EXPERT OPINION X 7 63780 Fair Market Value X DONATIONS-AUCTION 144 199680 FAIR VALUE X DONATIONS-SWEEPSTAkES 5 181500 FAIR VALUE X Radio Broadcast Mast Towr 1 5700 Fair Value X Plumbing Fixtures 1 50000 fair value X SPONSOR DONATIONS 12 390997 FAIR VALUE 0 false true true USE OF THIRD PARITES TO SOLICIT, PROCESS OR SELL NON-CASH CONTRIBUTIONS SCHEDULE M, QUESTION 32B EXPERIMENTAL AIRCRAFT ASSOCIATION USES B.C. ZIEGLER AS A BROKER FOR SECURITIES. B.C. ZIEGLER PROCESSES AND SELLS SECURITIES CONTRIBUTIONS UNDER THE DIRECTION OF EXPERIMENTAL AIRCRAFT ASSOCIATION. EXPERIMENTAL AIRCRAFT ASSOCIATION USES A THIRD PARTY LIQUIDATOR, CHUCK PARNALL, TO SELL AND DISPOSE OF AIRCRAFT PARTS AND NON-COMMISSIONED COLLECTION ITEMS. Organization name form 990, line c The organization's legal name is "experimental aircraft association, inc." but is also referred to simply as "eaa". FAMILY OR BUSINESS RELATIONSHIPS FORM 990, PART VI, LINE 2 FAMILY RELATIONSHIP: PAUL H. POBEREZNY, FOUNDER AND DIRECTOR, AND THOMAS P. POBEREZNY, PRESIDENT OF THE ORGANIZATION. FAMILY RELATIONSHIP: RICK SIGFRIED AND RAND SIGFRIED, BOTH ON THE ORGANIZATION'S BOARD OF DIRECTORS. CLASSES OF MEMBERS AND THEIR RIGHTS FORM 990, PART VI, LINE 6 EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. HAS APPROXIMATELY 170,000 MEMBERS. ALL MEMBERS 18 YEARS OF AGE AND OLDER ARE ALLOWED TO VOTE ON LIMITED BUSINESS DECISIONS OF THE ORGANIZATION. Classes of Persons with Certain Board-Election Rights FORM 990, PART VI, LINE 7A MEMBERS OF EXPERiMeNTAL AIRCRAFT ASSOCIATION, INC. CAN VOTE DIRECTLY FOR BOARD OF DIRECTORS CANDIDATES. THE MAJORITY OF THE MEMBERSHIP CHOOSES TO GIVE A PROXY FOR THEIR VOTE TO OTHER PERSONS. Classes of Persons with Certain Approval Rights FORM 990, PART VI, LINE 7B DECISIONS TO MERGE OR CONSOLIDATE WITH OTHER CORPORATIONS OR BUSINESSES AND DECISIONS TO SELL, LEASE, EXCHANGE OR OTHERWISE DISPOSE OF ALL, OR SUBSTANTIALLY ALL, OF THE PROPERTY AND ASSETS OF THE ORGANIZATION WOULD REQUIRE A VOTE OF THE MEMBERSHIP. STATEMENT CONCERNING Local Chapter, Affiliate, or Branch Activities FORM 990, PART VI, LINE 10B EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. HAS DESIGNATED "CHAPTERS" BUT SUCH CHAPTERS DO NOT MEET THE DEFINITION OF "CHAPTERS" WITHIN THE MEANING PROVIDED BY FORM 990 INSTRUCTIONS. EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. DOES NOT HAVE LEGAL AUTHORITY TO EXERCISE SUPERVISION AND CONTROL OVER THE AFFAIRS OF THE AFFILIATED CHAPTERS. ACCORDINGLY, THE ORGANIZATION HAS ANSWERED FORM 990, PART VI, LINE 10A "NO". Process the Organization Uses to Review Form 990 FORM 990, PART VI, LINE 11 THE AUDIT COMMITTEE OF THE BOARD HELD A TELECONFERENCE ON JANUARY 4, 2012 TO REVIEW A DRAFT COPY OF THE RETURN WITH MANAGEMENT AND THE INDEPENDENT TAX RETURN PREPARERS. AFTER APPROVAL BY THE AUDIT COMMITTEE, THE FORM 990 WAS UPDATED TO INCORPORATE ANY NECESSARY CHANGES AND A COPY OF THE RETURN WAS PROVIDED ELECTRONICALLY TO THE CONTROLLER TO DISTRIBUTE TO THE ENTIRE BOARD OF DIRECTORS WITH A REQUEST FOR FEEDBACK . SUBSEQUENT TO RECEIPT OF FEEDBACK, NECESSARY CHANGES WERE MADE TO THE DRAFT FORM 990. THE FINALIZED VERSION OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS. E-FILING OF THE RETURN WILL OCCUR ON MARCH 1, 2012 WHEN THE IRS E-FILING SYSTEM IS AGAIN OPERATIONAL. Organization's Practices for Monitoring Conflicts of Interest FORM 990, PART VI, LINE 12C ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. IN-HOUSE LEGAL COUNSEL FOLLOWS UP WITH ANYONE WHO DOES NOT SIGN. IN-HOUSE LEGAL COUNSEL REVIEWS ALL FORMS. ANY DISCLOSURES NOTED ARE BROUGHT TO THE ATTENTION OF THE AUDIT COMMITTEE TO DETERMINE IF THE SUBJECT MATTER OF DISCLOSURE IS DEEMED TO BE A CONFLICT OF INTEREST. PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT FORM 990, PART VI, LINE 15A COMPARABILITY DATA IS PRESENTED TO THE HUMAN RESOURCES COMMITTEE OF THE BOARD FOR THE PRESIDENT/CEO POSITION. THE COMMITTEE MAKES DECISIONS ABOUT THE PRESIDENT/CEO'S COMPENSATION IN CLOSED SESSION WITHOUT THE PRESENCE OF THE PRESIDENT/CEO. THIS PROCEDURE WAS LAST PERFORMED APRIl, 2010. Process for determining comepensation of officers and key employees form 990, part vi, line 15b Comparability data is presented to the human Resources committee of the board for the senior team. the committee, together with the president/ceo, determines the compensation for the senior team. this procedure was last performed December, 2009. Organization's Policy Regarding Making Certain Documents Public FORM 990, PART VI, LINE 19 THE ANNUAL AUDITED FINANCIAL STATEMENT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.EAA.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST, EITHER IN HARD COPY OR ELECTRONIC FORM, WHICHEVER IS REQUESTED. Other changes in net assets or fund balances Part XI, Line 5 Unrealized Gain $192,561 Change in CSV 26,706 Unrealized loss on interest rate swap (2,851) Marketing Chargeback (53,400) Other adjustment (346) Rounding 3 Total $ 162,673 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Rodney Hightower TITLE:President HOURS:10 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Thomas P Poberezny TITLE:EXITING PRESIDENT, chairman HOURS:10 EAA AVIATION FOUNDATION INC PO BOX 3086 OSHKOSH WI 549033086 391033301 SUPPORT EAA WI 501(C)(3) 7 EAA false false true false false false false false false true true false false false false true false false EAA AVIATION FOUNDATION INC c 1037404 EAA AVIATION FOUNDATION INC j 1006704 EAA AVIATION FOUNDATION INC k 933744 EAA AVIATION FOUNDATION INC p 363381