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FUTURE AVIATORS CHARITABLE FOUNDATION INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
FUTURE AVIATORS CHARITABLE FOUNDATION INC (EIN 88-3224467)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-08
IRS object ID
202602519349300330
Schema version
2025v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-09-08T17:04:05-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1301 SW ADAMS STREET SUITE 1000AddressLine1Txt
CityPEORIACityNm
State AbbreviationILStateAbbreviationCd
ZIP61602ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN883224467EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURE AVIATORS CHARITABLE FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFUTUBusinessNameControlTxt
Phone3174846023PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BRICKYARD LANEAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT HORNBACKPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3174846023PhoneNum
Signature2026-09-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW SMITH CPAPreparerPersonNm
PTINP01518894PTIN
Phone3096714500PhoneNum
Preparation2026-09-01PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerSCOTT HORNBACKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BRICKYARD LANEAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$50,831GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressFUTUREAVIATORSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionGIVE THOSE IN NEED AN OPPORTUNITY TO BEGIN A CAREER AS A COMMERCIAL AIRLINE PILOT AND EDUCATE YOUNG ADULTS ON THE MANY OPPORTUNITIES THE FIELD OF AVIATION HAS TO OFFER.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$200,026PYContributionsGrantsAmt
CY Contributions Grants$43,800CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$6,926PYInvestmentIncomeAmt
CY Investment Income$7,031CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$206,952PYTotalRevenueAmt
CY Total Revenue$50,831CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$35,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,658PYOtherExpensesAmt
CY Other Expenses$2,567CYOtherExpensesAmt
PY Total Expenses$2,658PYTotalExpensesAmt
CY Total Expenses$37,567CYTotalExpensesAmt
PY Revenues Less Expenses$204,294PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$13,264CYRevenuesLessExpensesAmt
Total Assets BOY$683,099TotalAssetsBOYAmt
Total Assets EOY$696,363TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$683,099NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$696,363NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION IS TWOFOLD: GIVE THOSE IN NEED AN OPPORTUNITY TO BEGIN A CAREER AS A COMMERCIAL AIRLINE PILOT AND EDUCATE YOUNG ADULTS ON THE MANY OPPORTUNITIES THE FIELD OF AVIATION HAS TO OFFER. ACCORDING TO THE BOEING PILOT AND TECHNICIAN OUTLOOK, 763,000 PILOTS AND TECHNICIANS ARE NEEDED BY THE YEAR 2039 TO FLY AND MAINTAIN THE GLOBAL FLEET. FACF IS HOPING TO SHOW THAT AVIATION CAN BE FOR ALL, NOT JUST A FEW, AND THAT WE CAN EXPAND THE POOL OF TALENTED AVIATION PROFESSIONALS IN OUR INDUSTRY. WE'RE LOOKING FOR DONORS WITH KIND HEARTS AND A LOVE OF FLYING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$35,000ExpenseAmt
Grant$35,000GrantAmt
DescTHE FUTURE AVIATORS CHARITABLE FOUNDATION WANTS AVIATION IN THE MINDS OF MORE PEOPLE. OUR GOAL IS TO HELP THOSE WHO DREAM OF BECOMING COMMERCIAL AIRLINE PILOTS REACH THE SKY. FOR THOSE WHO DON'T KNOW WHERE TO BEGIN OR DON'T HAVE THE MEANS, WE CAN HELP PUT YOU ON THE ROAD TO AN AVIATION CAREER IN THE FLIGHT DECKS OF SOME OF THE WORLD'S MOST PRESTIGIOUS AIRLINES. WE OFFER SCHOLARSHIPS TO FLIGHT SCHOOLS AND PROVIDE FUNDING FOR COMMUNITY OUTREACH PROGRAMS, GIVING UNDERSERVED AND UNDERREPRESENTED COMMUNITIES THE POWER TO TAKE THE LEAP AND GET INTO THE WORLD OF AVIATION. THE SCHOLARSHIP PORTION OF THE FOUNDATION IS THE PRIMARY FOCUS OF THE FUTURE AVIATORS CHARITABLE FOUNDATION (FACF). IT PROVIDES SCHOLARSHIPS TO UNDERSERVED AND UNDERREPRESENTED GROUPS AND COMMUNITIES FOR THE PRIMARY PURPOSE OF BRINGING A MORE DIVERSE GROUP OF HIGHLY QUALIFIED PILOTS INTO THE COMMERCIAL AVIATION ARENA. THE SCHOLARSHIPS ARE AWARDED TO HIGH-POTENTIAL INDIVIDUALS WHO DESIRE TO BECOME COMMERCIAL AIRLINE PILOTS AND WHO MEET SPECIFIC ELIGIBILITY REQUIREMENTS. THE SCHOLARSHIPS MUST BE USED AT A PART 141 FLIGHT SCHOOL/ACADEMY WHICH HAS A DIRECT PATHWAY TO A COMMERCIAL AIRLINE.Desc
Total Program Service Expenses$35,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCOTT HORNBACKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3174846023PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BRICKYARD LANEAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOSEPH ALLMAN
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
CHAD PULLEY
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
TERESA GRIFFIN
SECRETARY2.00Yes (X)Yes (X)$0$0$0
SCOTT HORNBACK
TREASURER2.00Yes (X)Yes (X)$0$0$0
ELIZABETH MOTTLEY
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$43,800AllOtherContributionsAmt
Total Contributions$43,800TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,031TotalRevenueColumnAmt
Exclusion$7,031ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,831TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,031ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$35,000TotalAmt
Program Services$35,000ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,567TotalAmt
Management And General$2,567ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$37,567TotalAmt
Program Services$35,000ProgramServicesAmt
Management And General$2,567ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$683,099BOYAmt
EOY$696,363EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$683,099BOYAmt
EOY$696,363EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$479,099BOYAmt
EOY$509,723EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$204,000BOYAmt
EOY$186,640EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$683,099BOYAmt
EOY$696,363EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$683,099BOYAmt
EOY$696,363EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$13,264ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$504,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$200,026CurrentTaxYearMinus1YearAmt
Current Tax Year$43,800CurrentTaxYearAmt
Total$747,826TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$504,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$200,026CurrentTaxYearMinus1YearAmt
Current Tax Year$43,800CurrentTaxYearAmt
Total$747,826TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$681,368SubstantialContributorsTotAmt
Public Support Total170$66,458PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$8,607CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,926CurrentTaxYearMinus1YearAmt
Current Tax Year$7,031CurrentTaxYearAmt
Total$22,564TotalAmt
FieldValueIRS element (for citing)
Total Support$770,390TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS FOR FLIGHT SCHOOLGrantTypeTxt
Recipient2RecipientCnt
Cash Grant$35,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PROVIDES STUDENTS WITH SCHOLARSHIPS TO ATTEND FLIGHT SCHOOL. THE SCHOLARSHIP COMMITTEE EVALUATES ALL APPLICATIONS TO ENSURE CANDIDATES MEET THE ELIGIBILITY REQUIREMENTS. THE SCHOLARSHIP COMMITTEE CONDUCTS PERIODIC REVIEWS TO ENSURE THE SCHOLARSHIP RECIPIENTS CONTINUE TO MEET THE REQUIREMENTS AS ESTABLISHED BY THE ORGANIZATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 WILL BE COMPLETED BY CLA, A TAX FIRM AND REVIEWED BY THE TREASURER BEFORE BEING SHARED WITH THE OFFICERS.
FORM 990, PART VI, SECTION B, LINE 12CWE ANNUALLY REQUIRE EACH DIRECTOR TO EXECUTE AN ACKNOWLEDGEMENT OF THE POLICY AND THEIR OBLIGATIONS TO REPORT CONFLICTS OF INTEREST AND ABIDE BY THEM. ACCORDING TO ARTICLE III OF THE BYLAWS: IF AN INTERESTED PERSON HAS A COVERED INTEREST IN CONNECTION WITH A TRANSACTION OR ARRANGEMENT THAT THE CORPORATION IS CONSIDERING, THE INTERESTED PERSON MUST DISCLOSE TO THE BOARD THE EXISTENCE OF THE COVERED INTEREST AND POSSIBLE CONFLICT OF INTEREST AS SOON AS IT BECOMES KNOWN. AFTER THE INTERESTED PERSON DISCLOSES THE POSSIBLE CONFLICT OF INTEREST, THE BOARD SHALL APPLY THE FOLLOWING PROCEDURES TO DETERMINE WHETHER A CONFLICT OF INTEREST ACTUALLY EXISTS: A. THE BOARD SHALL GIVE THE INTERESTED PERSON AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD; B. THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OR DECISION AND MUST RECUSE HIM OR HERSELF FROM THE MEETING DURING THE DISCUSSION OR DECISION; C. THE BOARD SHALL TAKE INTO ACCOUNT THE INFORMATION THE INTERESTED PERSON PROVIDED ALONG WITH ANY REPORTS OR RECOMMENDATIONS FROM ANY APPLICABLE COMMITTEE OF THE BOARD; D. THE BOARD SHALL DETERMINE BY MAJORITY VOTE WHETHER A CONFLICT OF INTEREST EXISTS; E. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST DOES NOT EXIST, NO FURTHER REVIEW SHALL BE NECESSARY BEYOND THAT REQUIRED IN THE ORDINARY COURSE OF BUSINESS; F. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST DOES EXIST, THE BOARD SHALL ADDRESS THE CONFLICT OF INTEREST AS PROVIDED IN SECTION 3 BELOW; AND G. A RECORD OF THE BOARD'S DISCUSSION AND DETERMINATION SHALL BE MADE AS OUTLINED IN RECORDS OF PROCEEDINGS ARTICLE.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE AND FINANCE COMMITTEE CONSISTING OF: JOE ALLMAN, CHAD PULLEY, SCOTT HORNBACK, TERESA GRIFFIN, AND ELIZABETH MOTTLEY. ACCORDING TO ARTICLE VI OF THE BYLAWS: THIS POLICY DOES NOT PROHIBIT THE CORPORATION FROM PROVIDING REASONABLE COMPENSATION FOR SERVICES RENDERED TO THE CORPORATION. FOR THIS PURPOSE, "COMPENSATION" REPRESENTS ALL DIRECT AND INDIRECT FORMS OF ECONOMIC BENEFIT, INCLUDING, BUT NOT LIMITED TO, SALARIES, WAGES, BONUSES, COMMISSIONS, ROYALTIES, FRINGE BENEFITS, DEFERRED COMPENSATION, EXPENSE ALLOWANCES, INSURANCE COVERAGES, AND FEES. WHEN PROVIDING COMPENSATION TO A DIRECTOR, OFFICER, OR EMPLOYEE, THE CORPORATION SHALL COMPLY WITH THE FOLLOWING PROCEDURES. A. ALL COMPENSATION, WHETHER DIRECTLY OR INDIRECTLY PROVIDED, MUST BE REASONABLE AS DETERMINED BY TAKING INTO ACCOUNT FACTORS THAT INCLUDE THE LEVELS OF COMPENSATION PAID BY SIMILAR ORGANIZATIONS WITHIN THE COMMUNITY (TAX-EXEMPT AND TAXABLE) FOR FUNCTIONALLY COMPARABLE SERVICES, THE VALUE OF THE SERVICES BEING RENDERED AND PERTINENT EXPERIENCE OF THE INDIVIDUAL PROVIDING THE SERVICES. IN GENERAL, COMPENSATION IS REASONABLE IF IT IS AN AMOUNT THAT WOULD BE ORDINARILY PAID FOR LIKE SERVICES BY LIKE ENTERPRISES UNDER LIKE CIRCUMSTANCES. B. ANY DIRECTOR, OFFICER, OR EMPLOYEE WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT COMPENSATION. THE DIRECTOR, OFFICER, OR EMPLOYEE MAY, HOWEVER, PROVIDE COMPENSATION DATA AND INFORMATION TO THE BOARD OR ANY COMMITTEE OF THE BOARD. C. PAYMENTS UNDER A COMPENSATION ARRANGEMENT ARE PRESUMED TO BE REASONABLE IF THE FOLLOWING APPLY: (1) THE TERMS OF THE ARRANGEMENT ARE APPROVED IN ADVANCE BY THE BOARD AND NO PERSON WITH A POSSIBLE CONFLICT OF LNTEREST PARTICIPATES IN THE BOARD'S DECISION, (2) THE BOARD RELIES UPON APPROPRIATE COMPARABILITY DATA IN MAKING ITS DECISION, AND (3) A RECORD OF THE BOARD'S DISCUSSION AND DECISION IS CREATED IN ACCORDANCE WITH RECORDS OF PROCEEDINGS ARTICLE. D. PAYMENTS UNDER A COMPENSATION ARRANGEMENT THAT IS NOT REASONABLE WILL BE SUBJECT TO THE EXCESS BENEFIT TRANSACTION PROVISIONS HEREIN.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE EXECUTIVE AND FINANCE COMMITTEE ASSUMES THE RESPONSIBILITY OVER THE FINANCIAL STATEMENTS. THIS COMMITTEE IS COMPRISED OF: JOE ALLMAN, CHAD PULLEY, SCOTT HORNBACK, TERESA GRIFFIN, AND ELIZABETH MOTTLEY.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1REPUBLIC AIRWAYS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 BRICKYARD LANEAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
EIN061562737EIN
Primary ActivitiesSEE SUPPLEMENTAL INFORMATIONPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePRIMARY ACTIVITY:FormAndLineReferenceDesc
ExplanationREGIONAL AIRLINE OPERATING COMMERCIAL FLIGHTS FOR OUR PARTNERS; AMERICAN, DELTA AND UNITED.ExplanationTxt

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