Overview
What is Commercial Spaceflight Federation?
The Commercial Spaceflight Federation is a Washington, D.C.-based nonprofit organization with a mission to advance the shared business interests of the private space transportation industry. They have expanded their membership by recruiting new companies and foster collaboration with entities such as the Federal Aviation Administration (FAA), the National Space Council, and the Department of Commerce. The Federation organizes executive leadership forums for its members and co-hosts conferences, aiming to establish more effective regulations for commercial launch and re-entry requirements. With a team of 11 dedicated individuals, the organization plays a crucial role in advocating for and supporting the growth of the private space transportation sector.
Official website here: www.commercialspaceflight.org
Is Commercial Spaceflight Federation legitimate?
Commercial Spaceflight Federation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Commercial Spaceflight Federation 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: $240,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $375,673
For more financial information, click here
Official website here: www.commercialspaceflight.org
What is the mission statement of Commercial Spaceflight Federation?
The Commercial Spaceflight Federation's mission is centered around advocating for the shared business interests of the private space transportation industry. To accomplish this, the organization actively works towards establishing favorable regulations for commercial launch providers, focusing on launch and re-entry requirements. They have expanded their influence by recruiting new member companies and hosting regular executive leadership forums. Furthermore, the Commercial Spaceflight Federation has collaborated with various entities such as the FAA, National Space Council, Department of Commerce, and others, to ensure better rule-making in the industry.
Official website here: www.commercialspaceflight.org
Who is the CEO of Commercial Spaceflight Federation?
Karina Drees is the President of Commercial Spaceflight Federation.
Official website here: www.commercialspaceflight.org
What is the revenue of Commercial Spaceflight Federation?
Commercial Spaceflight Federation's revenue in 2022 was $1,229,066.
Official website here: www.commercialspaceflight.org
Who are the executives of Commercial Spaceflight Federation and what are their salaries?
The average compensation at Commercial Spaceflight Federation during 2022 was $55,996. There are 11 employees at Commercial Spaceflight Federation.
Here are 28 key members and their salaries:
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- Compensation: $142,500
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- Other: $4,125
Official website here: www.commercialspaceflight.org
Where can I find the form 990 for Commercial Spaceflight Federation?
Commercial Spaceflight Federation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.commercialspaceflight.org
Learn more at the official website: www.commercialspaceflight.org
Mission Statement of Commercial Spaceflight Federation
The Commercial Spaceflight Federation, an organization dedicated to private space transportation, works tirelessly to advance the shared business interests within this industry. Their mission is multifaceted, primarily focusing on fostering a collaborative environment that benefits various private space transportation companies. To accomplish this, the Federation recruits new member companies, thereby expanding its reach and influence.
In addition to expanding its membership, the Commercial Spaceflight Federation also hosts regular executive leadership forums for its members. These events serve as valuable opportunities for industry leaders to connect, share insights, and collaborate on potential solutions to common challenges. Furthermore, the Federation has demonstrated its commitment to promoting responsible and safe commercial spaceflight by collaborating with key stakeholders, such as the Federal Aviation Administration's Aerospace Safety and Operations Center, the National Space Council, and the Department of Commerce. These collaborations aim to establish better regulations for launch and re-entry requirements for commercial launch providers. By working closely with these organizations, the Commercial Spaceflight Federation is helping to shape the future of the private space transportation industry, ensuring it operates safely and sustainably.
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Impact
October, 2024
The Commercial Spaceflight Federation significantly influences the private space transportation industry by promoting business interests and fostering collaboration among member companies. By recruiting new member organizations, it not only expands its reach but also strengthens the collective voice of the industry.
The Federation facilitates monthly executive leadership forums, providing a platform for leaders to exchange ideas, discuss challenges, and strategize on advancing their businesses. Additionally, cohosting a major conference with the FAA that attracted over 500 attendees illustrates its role in bringing together key stakeholders in the space sector.
Working closely with agencies such as the FAA Office of Commercial Space Transportation, the National Space Council, and the Department of Commerce, the Federation advocates for effective rule-making related to launch and re-entry requirements. This collaboration aims to create a regulatory environment that supports innovation and growth within the commercial space market. Overall, the Federation acts as a catalyst for development, sustainability, and best practices in the burgeoning field of private space transport.
This information is meant to be a general summary of Commercial Spaceflight Federation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45
- Program Service Revenue: $1,100,521
- Gross Receipts: $1,229,066
Assets and Liabilities:
- Total Assets: $1,048,911
- Total Liabilities: $508,908
- Net Assets: $540,003
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,013,038
PROGRAM FEES
Revenue
$87,483
Organization Details
Founding Year
2006
Phone
(337) 255-0287Principal Officer
Karina Drees
Main Address
1444 EYE ST NW 410, WASHINGTON, DC, 20005
NTEE Category
Code: Z99 - Unknown
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