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Airmen Memorial Foundation Inc

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

EIN: 521323592 ✦ Suitland, MD ✦ Designated as a 501(c)(3)

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Overview

What is Airmen Memorial Foundation Inc?

Airmen Memorial Foundation Inc, located in Suitland, Maryland, is a nonprofit organization that extends financial aid through scholarships to enlisted personnel of the Air Force. With a mission to provide educational and charitable assistance, the foundation disbursed 27 scholarships totaling $37,500 in 2021. The organization's purpose extends beyond financial support, aiming to contribute positively to the lives of Air Force enlisted personnel.


Official website here: www.hqafsa.or

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Airmen Memorial Foundation Inc has achieved an impressive rating of 97%, which indicates a high level of accountability and financial health. This score is derived entirely from their performance in the Accountability & Finance beacon, reflecting the organization's strong commitment to transparency and responsible management of resources.

The foundation boasts a board of directors that is fully independent, with 100% of its members meeting this criterion. Additionally, it has implemented several policies that enhance organizational governance, including conflict of interest and whistleblower policies, all of which are properly documented. The organization's low liabilities-to-assets ratio and a high program expense ratio of 77.09% suggest that a significant portion of its budget is allocated directly to its programs, rather than administrative costs.

While the foundation demonstrates excellent performance in many areas, the data does not elaborate on the specific impact of its programs or how effectively they engage with their community. Nonetheless, the strong financial health and governance practices position the Airmen Memorial Foundation Inc as a trustworthy option for potential donors looking to support a reputable nonprofit.


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

Is Airmen Memorial Foundation Inc legitimate?

Airmen Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Airmen Memorial 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.hqafsa.or

What is the mission statement of Airmen Memorial Foundation Inc?

The Airmen Memorial Foundation Inc is committed to providing educational and charitable assistance, along with scholarships, to enlisted personnel in the Air Force. Their mission is to financially support these individuals, as demonstrated through their distribution of 27 scholarships totaling $37,500. The foundation's activities aim to contribute to the betterment of the lives of Air Force enlisted personnel, providing them with opportunities for further education and personal growth.


Official website here: www.hqafsa.or

Who is the CEO of Airmen Memorial Foundation Inc?

Keith Reed is the Trustee of Airmen Memorial Foundation Inc.


Official website here: www.hqafsa.or

What is the revenue of Airmen Memorial Foundation Inc?

Airmen Memorial Foundation Inc's revenue in 2022 was $115,082.


Official website here: www.hqafsa.or

Who are the executives of Airmen Memorial Foundation Inc and what are their salaries?


Here are 13 key members and their salaries:


Barbara J Millis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam E Parish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gaylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick J Finch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Mccoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric W Benken (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey E Ledoux (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David J Campanale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Mccauslin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaleth O Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita Weems (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis H Dong (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Reed (Presidentsecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hqafsa.or

Where can I find the form 990 for Airmen Memorial Foundation Inc?

Airmen Memorial Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hqafsa.or

Learn more at the official website: www.hqafsa.or

Mission Statement of Airmen Memorial Foundation Inc

Airmen Memorial Foundation Inc, a nonprofit organization, is committed to providing educational and charitable assistance, along with scholarships, to Air Force enlisted personnel. Its mission is centered around financially aiding these individuals, as demonstrated by the disbursement of 27 scholarships totaling $37,500. The foundation seeks to support the educational and financial needs of Air Force enlistees, thereby contributing to their overall development and well-being.

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Impact




October, 2024

The Airmen Memorial Foundation Inc significantly impacts the lives of Air Force enlisted personnel by offering educational and charitable assistance, along with scholarships. In a noteworthy initiative, the foundation disbursed a total of $37,500 through 27 scholarships, directly contributing to the educational advancement of those who serve. By alleviating financial burdens, the foundation empowers these individuals to pursue their academic goals, ensuring a brighter future for themselves and their families. This support not only acknowledges their commitment to service but also fosters an environment of continual growth and opportunity within the Armed Forces community.




This information is meant to be a general summary of Airmen Memorial 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
$115,082 (2022)
Expenses
$106,749 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,254
  • Gross Receipts: $115,082

Assets and Liabilities:

  • Total Assets: $1,466,333
  • Total Liabilities: $4,649
  • Net Assets: $1,461,684

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Organization Details

Founding Year

1983

Principal Officer

Keith Reed

Main Address

5211 AUTH ROAD, Suitland, MD, 20746

NTEE Category

Code: B820 - Education

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