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Aircraft Electronics Association Educational Foundation Inc

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

EIN: 431548269 ✦ Lees summit, MO ✦ Designated as a 501(c)(3)

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Overview

What is Aircraft Electronics Association Educational Foundation Inc?

The Aircraft Electronics Association Educational Foundation Inc, situated within the aviation industry, is a nonprofit organization committed to shaping the future of aviation. They achieve this goal by focusing on education, identifying the needs of the aviation sector, and providing training opportunities for students and technicians. Their programs encompass expenses related to avionics education and award scholarships to 18 deserving students annually. The foundation's mission is to guarantee a robust and advanced aviation industry by fostering the growth and knowledge of individuals essential to its success.


Official website here: www.aea.net

Is Aircraft Electronics Association Educational Foundation Inc legitimate?

Aircraft Electronics Association Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aircraft Electronics Association Educational Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aea.net

What is the mission statement of Aircraft Electronics Association Educational Foundation Inc?

The Aircraft Electronics Association Educational Foundation's mission is centered around securing the future of aviation. They achieve this by focusing on education, specifically targeting students, technicians, and other individuals whose roles are crucial to the aviation industry. The foundation tailors its educational initiatives based on the industry's needs, ensuring that it remains relevant and beneficial. In addition to promoting education, they also provide financial assistance through scholarships to 18 avionics students annually.


Official website here: www.aea.net

Who is the CEO of Aircraft Electronics Association Educational Foundation Inc?

Mike Adamson is the Director of Aircraft Electronics Association Educational Foundation Inc.


Official website here: www.aea.net

What is the revenue of Aircraft Electronics Association Educational Foundation Inc?

Aircraft Electronics Association Educational Foundation Inc's revenue in 2022 was $245,849.


Official website here: www.aea.net

Who are the executives of Aircraft Electronics Association Educational Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


David Loso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Vail (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Adamson (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Berryhill (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hanf (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aea.net

Where can I find the form 990 for Aircraft Electronics Association Educational Foundation Inc?

Aircraft Electronics Association Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aea.net

Learn more at the official website: www.aea.net

Mission Statement of Aircraft Electronics Association Educational Foundation Inc

The Aircraft Electronics Association Educational Foundation is committed to ensuring the continued success of the aviation industry by investing in the education of students, technicians, and other individuals whose roles are vital to this sector. Recognizing the ever-evolving needs of the aviation industry, the foundation tailors its educational initiatives to equip these individuals with the necessary skills and knowledge.

In line with its mission, the Aircraft Electronics Association Educational Foundation provides various programs that focus on educating individuals about aircraft electronics. These programs are meticulously designed to meet the industry's requirements, ensuring that the aviation sector remains robust and competitive. Furthermore, the foundation awards scholarships to 18 deserving students in the field of avionics, playing a crucial role in nurturing the next generation of aviation professionals. By investing in education, the Aircraft Electronics Association Educational Foundation is contributing significantly to the long-term sustainability and growth of the aviation industry.

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Impact




October, 2024

The Aircraft Electronics Association Educational Foundation Inc plays a significant role in shaping the future of aviation by focusing on education tailored to industry needs. By offering training programs specifically in aircraft electronics, the foundation equips students and technicians with the skills essential for success in a rapidly evolving field.

In addition to training, the foundation actively supports aspiring professionals through scholarships, enabling 18 students annually to pursue careers in avionics. This investment in education not only enhances individual career opportunities but also contributes to a more skilled workforce in the aviation sector. The foundation’s initiatives ensure that the industry’s future is fortified with knowledgeable and capable personnel, ultimately supporting the growth and sustainability of aviation as a whole.




This information is meant to be a general summary of Aircraft Electronics Association Educational Foundation 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
$245,849 (2022)
Expenses
$161,737 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $436
  • Program Service Revenue: $181,028
  • Gross Receipts: $246,293

Assets and Liabilities:

  • Total Assets: $792,762
  • Total Liabilities: $0
  • Net Assets: $792,762

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Programs

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

CLASS FEES

Revenue

$181,028

Organization Details

Founding Year

1990

Principal Officer

Mike Adamson

Main Address

3570 NE RALPH POWELL ROAD, LEES SUMMIT, MO, 64064

NTEE Category

Code: B82Z - Education

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