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American Huey 369 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203443908 ✦ Peru, IN ✦ Designated as a 501(c)(3)

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Overview

What is American Huey 369 Inc?

American Huey 369 Inc is a small, nonprofit organization situated in Peru, Indiana. Their primary mission is to preserve and restore three iconic aircraft – Huey 369, Huey 803, and Warrior 11 – all of which have significant historical value in the American military, particularly in Vietnam. By doing so, they aim to educate future generations about the history of these American-made Huey helicopters and their role in military service over the past 50 years. With a team of three dedicated individuals, American Huey 369 Inc is committed to honoring this part of military history and sharing it with the public.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

American Huey 369 Inc has achieved a respectable Three-Star rating on Charity Navigator, reflecting a solid performance in accountability and finance. The charity's overall score is entirely derived from its accountability metrics, showcasing a strong emphasis on governance and financial health. The organization displays a commendable majority of independent board members, contributing to effective oversight, and has demonstrated transparency with well-documented board meeting minutes and adherence to conflict of interest policies.

The financial position of American Huey 369 Inc is robust, with no material diversion of assets reported and a high program expense ratio of 91.04%. This indicates that a significant portion of its funds is directed towards fulfilling its mission rather than administrative costs. Additionally, the organization maintains a healthy working capital ratio, providing a cushion for future operations and ensuring stability.

While the charity demonstrates strong accountability and a commitment to its mission, the rating also suggests that potential donors should remain aware of ongoing evaluations of program impact and operational efficiency. Overall, American Huey 369 Inc appears to be a trustworthy organization with solid financial practices, making it a viable option for philanthropic support.


This AI summary has been generated from information found on Charity Navigator.

Is American Huey 369 Inc legitimate?

American Huey 369 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Huey 369 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $146,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Huey 369 Inc?

American Huey 369 Inc is dedicated to preserving and restoring three specific aircraft models: Huey 369, Huey 803, and Warrior 11. The primary objective is to educate future generations about the history of these American-made Huey helicopters, particularly their role in Vietnam and their subsequent service within the U.S. military for the past 50 years. By preserving these aircraft, the organization aims to keep the history alive and ensure that it is passed down through various generations.

Who is the CEO of American Huey 369 Inc?

John R Walker is the President of American Huey 369 Inc.

What is the revenue of American Huey 369 Inc?

American Huey 369 Inc's revenue in 2022 was $3,024,602.

Who are the executives of American Huey 369 Inc and what are their salaries?

The average compensation at American Huey 369 Inc during 2022 was $48,820. There are 3 employees and 200 volunteers at American Huey 369 Inc.


Here are 3 key members and their salaries:


John R Walker (President)
  • Compensation: $80,500
  • Related: $0
  • Other: $0
Kae Walker (Secretary)
  • Compensation: $43,540
  • Related: $0
  • Other: $0
Alan J Walker (Vice Preside)
  • Compensation: $22,420
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Huey 369 Inc?

American Huey 369 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Huey 369 Inc

American Huey 369 Inc is dedicated to preserving and restoring three significant aircraft: Huey 369, Huey 803, and Warrior 11. The organization's primary goal is to educate all generations about the history of the American-made Huey in Vietnam and its role in the U.S. military for the past 50 years. By restoring and preserving these iconic aircraft, American Huey 369 Inc aims to provide an immersive and engaging learning experience, allowing individuals to gain a deeper understanding of the impact these aircraft have had on military history and American culture. The organization's mission is to serve as a living testament to the heroism and sacrifice of those who served in the Vietnam War and beyond, ensuring that their stories are never forgotten.

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Impact




October, 2024

American Huey 369 Inc significantly impacts both education and historical preservation by focusing on the restoration of iconic Huey aircraft. Through the meticulous preservation and rebuilding of Huey Aircraft 369, Huey Aircraft 803, and Warrior 11, the organization serves as a vital link to the past, educating newer generations about the pivotal role these helicopters played during the Vietnam War and their ongoing significance in U.S. military history over the last 50 years.

By showcasing these aircraft, American Huey 369 Inc fosters a greater understanding and appreciation of the technological advancements and strategic importance of the Huey in combat situations. Their efforts not only honor the legacy of those who served but also inspire interest and awareness in aviation history, military service, and the narratives that shaped them. This educational outreach cultivates respect for veterans and a deeper comprehension of the complexities of military history, making an indelible mark on the community in Peru, Indiana, and beyond.




This information is meant to be a general summary of American Huey 369 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,024,602 (2022)
Expenses
$1,213,278 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,155
  • Gross Receipts: $3,114,329

Assets and Liabilities:

  • Total Assets: $4,705,489
  • Total Liabilities: $9
  • Net Assets: $4,705,480

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Organization Details

Founding Year

2006

Principal Officer

John R Walker

Main Address

209 SOUTH BROADWAY, PERU, IN, 46970

NTEE Category

Code: A54 - Arts

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