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The Academy Of Model Aeronautics Inc

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

EIN: 520799408 ✦ Muncie, IN ✦ Designated as a 501(c)(3)

Overview

What is The Academy Of Model Aeronautics Inc?

The Academy of Model Aeronautics Inc., located in Muncie, Indiana, is a nonprofit organization dedicated to fostering the construction of model aircraft, encouraging design, and promoting participation in national and international flying competitions. With an aim to educate and support its members, they maintain a museum and library as resources. The organization serves approximately 158,646 members through its educational programs, which are primarily focused on model aircraft building, designing, and competition participation. The Academy of Model Aeronautics Inc. boasts a workforce of 61 individuals, committed to promoting this engaging hobby and fostering a sense of community among its members.


Official website here: www.modelaircraft.org

Is The Academy Of Model Aeronautics Inc legitimate?

The Academy Of Model Aeronautics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Academy Of Model Aeronautics 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.

Here are some key statistics you may want to consider:

Executive Compensation: $370,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,475,899

For more financial information, click here


Official website here: www.modelaircraft.org

What is the mission statement of The Academy Of Model Aeronautics Inc?

The Academy of Model Aeronautics Inc's mission is centered around promoting educational programs. Their primary objective is to encourage the construction of model aircraft and actively engage members in national and international flying competitions. To further enhance their educational endeavors, they maintain a museum and library, serving as valuable resources for their approximately 158,646 members. These initiatives aim to foster a community of enthusiasts, providing opportunities for learning and growth in the field of model aeronautics.


Official website here: www.modelaircraft.org

Who is the CEO of The Academy Of Model Aeronautics Inc?

Chad Budreau is the President of The Academy Of Model Aeronautics Inc.


Official website here: www.modelaircraft.org

What is the revenue of The Academy Of Model Aeronautics Inc?

The Academy Of Model Aeronautics Inc's revenue in 2022 was $8,750,712.


Official website here: www.modelaircraft.org

Who are the executives of The Academy Of Model Aeronautics Inc and what are their salaries?

The average compensation at The Academy Of Model Aeronautics Inc during 2022 was $46,667. There are 61 employees and 300 volunteers at The Academy Of Model Aeronautics Inc.

Here are 19 key members and their salaries:

    Chad Budreau (Executive Director)
  • Compensation: $125,367
  • Related: $0
  • Other: $22,937

    • Joyce Hager (Administrative Senior Director)
  • Compensation: $110,600
  • Related: $0
  • Other: $14,382

    • Robert Kurek (Communication Director)
  • Compensation: $104,064
  • Related: $0
  • Other: $17,434

    • Vicki Barkdull (Controller)
  • Compensation: $78,410
  • Related: $0
  • Other: $19,119

    • Rich Hanson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Argenio (Vice President-District 1) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Williams (Vice President-District 2) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Radcliff (Vice President-District 3) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Marsh Iii (Vice President-District 4) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Cameron (Executive Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Himes (Vice President-District 6) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Harville (Vice President-District 8) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Tiller (Vice President-District 9) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Stone (Vice President-District 10) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Principato (Naa Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Tallman (Vice President-District 11) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Griffith (Vice President-District 5) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Gibson (Vice President-District 7) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Sessions (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.modelaircraft.org

    Where can I find the form 990 for The Academy Of Model Aeronautics Inc?

    The The Academy Of Model Aeronautics Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.modelaircraft.org

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

    Mission Statement of The Academy Of Model Aeronautics Inc

    The Academy of Model Aeronautics Inc is committed to fostering an educational environment that encourages its members to construct model aircraft and engage in competitive flying events on a national and international scale. To further facilitate this mission, the organization maintains a museum and a library, serving as valuable resources to assist and educate its members. With approximately 158,646 members benefitting from these initiatives, The Academy of Model Aeronautics Inc plays a significant role in promoting the art and science of model aviation.

    Impact

    This information is meant to be a general summary of The Academy Of Model Aeronautics Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Academy of Model Aeronautics Inc's impact is primarily seen in its efforts to promote educational programs that encourage the building of model aircraft, designing, and participation in flying contests on the national and international levels. With approximately 158,646 members served, the organization also maintains a museum and library to further educate and assist its members. Through these initiatives, the Academy of Model Aeronautics Inc plays a significant role in fostering a community of model aviation enthusiasts and advancing the hobby on a broader scale.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $202,579
  • Program Service Revenue: $7,462,271
  • Gross Receipts: $9,392,643

    • Assets and Liabilities:
  • Total Assets: $13,951,814
  • Total Liabilities: $7,182,861
  • Net Assets: $6,768,953
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $6,684,073

    AVIATION MAGAZINE

    Revenue

    $455,292

    CLUB CHARTER FEES

    Revenue

    $266,426

    EVENT SANCTIONS

    Revenue

    $50,380

    WEBSITE ADVERTISING

    Revenue

    $6,100

    Organization Details

    Founding Year

    1966

    Principal Officer

    Chad Budreau

    Main Address

    5161 EAST MEMORIAL DRIVE, MUNCIE, IN, 47302

    NTEE Category

    Code: N500 - Recreation

    If you are a representative of The Academy Of Model Aeronautics Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.