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Ohio Aerospace Institute

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

EIN: 341621676 ✦ Brookpark, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ohio Aerospace Institute?

Ohio Aerospace Institute is a nonprofit organization located in Brookpark, Ohio. The institute is dedicated to advancing aerospace knowledge through specialized research teams in areas such as computational modeling, materials, structures, vehicle health monitoring, safety, and space science and exploration technologies. They collaborate with various stakeholders, including government, industry, and academia, to boost Ohio's aerospace workforce development. The primary objective of the institute is to foster human scientific and engineering knowledge in various aerospace-related disciplines through research, education, and training. It also sponsors, promotes, and disseminates aerospace research, stimulating support and cooperation within the academic, governmental, and private sectors. With a workforce of 46 individuals, the Ohio Aerospace Institute is committed to nurturing aerospace research and graduate education resources in Ohio.


Official website here: www.oai.org

Is Ohio Aerospace Institute legitimate?

Ohio Aerospace Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Aerospace Institute 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.


Official website here: www.oai.org

What is the mission statement of Ohio Aerospace Institute?

The Ohio Aerospace Institute's primary mission is to advance human scientific and engineering knowledge in various aerospace-related disciplines. This is achieved through investigational and developmental research. The institute also aims to bolster Ohio's aerospace economy by focusing on research, technology, education, and training. Additionally, it collaborates and exchanges information with various sectors, including academia, industry, and government. The institute supports the scientific and engineering education of doctoral-level students through aerospace research, working in partnership with universities in Ohio. Lastly, it stimulates academic, governmental, and private sector support and cooperation for aerospace research in Ohio, ultimately developing resources for aerospace research and graduate education.


Official website here: www.oai.org

Who is the CEO of Ohio Aerospace Institute?

Chris Hocevar is the Trustee of Ohio Aerospace Institute.


Official website here: www.oai.org

What is the revenue of Ohio Aerospace Institute?

Ohio Aerospace Institute's revenue in 2022 was $8,780,189.


Official website here: www.oai.org

Who are the executives of Ohio Aerospace Institute and what are their salaries?




Official website here: www.oai.org

Where can I find the form 990 for Ohio Aerospace Institute?

Ohio Aerospace Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oai.org

Learn more at the official website: www.oai.org

Mission Statement of Ohio Aerospace Institute

The Ohio Aerospace Institute, a nonprofit organization, is dedicated to fostering collaboration between governmental bodies, industries, and academic institutions. Its primary aim is to propel Ohio's aerospace workforce development by leveraging a global network of connections, educational programs, and cutting-edge information. The institute's tax-exempt purpose extends to advancing human scientific and engineering knowledge in various aerospace-related disciplines through investigational and developmental research.

Moreover, the Ohio Aerospace Institute seeks to bolster Ohio's aerospace economy through research and technology, education, and training, in addition to facilitating collaboration and information exchange. The organization also supports the scientific and engineering education of doctoral-level graduate and continuing education students through aerospace research in partnership with universities in Ohio. By sponsoring, promoting, and disseminating aerospace research, the institute encourages academic, governmental, and private sector support and cooperation with such research. Ultimately, the Ohio Aerospace Institute aims to develop aerospace research and graduate education resources in Ohio.

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Impact




October, 2024

The Ohio Aerospace Institute plays a crucial role in advancing the aerospace sector in Ohio by fostering collaboration among government, industry, and academia. This synergy accelerates workforce development through a global network of connections, educational programs, and access to cutting-edge information.

Specialized research teams at the institute focus on key areas such as computational modeling, materials science, vehicle health monitoring, safety, and space science and exploration technologies. By promoting in-depth research and educational initiatives, the institute enhances scientific and engineering knowledge in a wide range of aerospace disciplines.

In addition to building Ohio’s aerospace economy, the institute supports doctoral-level graduate and continuing education through its partnerships with colleges and universities. It also emphasizes the importance of academic, governmental, and private sector collaboration, ensuring that research efforts are well-supported and impactful. This comprehensive approach not only stimulates educational growth but also cultivates an innovative environment that benefits the entire aerospace industry in Ohio.




This information is meant to be a general summary of Ohio Aerospace Institute. 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
$8,780,189 (2022)
Expenses
$8,788,953 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,252
  • Program Service Revenue: $91,312
  • Gross Receipts: $8,780,189

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION FEES

Revenue

$91,312

Organization Details

Founding Year

1989

Principal Officer

Chris Hocevar

Main Address

22800 CEDAR POINT ROAD, BROOKPARK, OH, 44142

NTEE Category

Code: U32Z - Science research

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