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Rtca Inc

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

EIN: 530182962 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Rtca Inc?

Rtca Inc, headquartered in Washington D.C., is a distinguished nonprofit organization. Its mission is to foster the development of consensus-based recommendations addressing aviation issues, ensuring safety, security, and the overall well-being of the aviation ecosystem. This is accomplished through the formation of special committees and task forces, comprising volunteers from various aviation sectors. With a team of 10 dedicated individuals, Rtca Inc plays a vital role in shaping the evolving global aviation landscape through the establishment of integrated performance standards.


Official website here: www.rtca.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (59%)

Rtca Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score is solely derived from its Accountability & Finance metrics, which scored 59%. While the organization has demonstrated strengths in areas such as maintaining an independent board and following governance policies, its financial ratios reveal potential issues, particularly in its liabilities to assets ratio.

The organization boasts a fully independent board and has enacted various policies related to oversight and ethics, earning high marks in those areas. Specifically, it scored perfectly in categories like financial statements oversight and conflict of interest policies. However, the weak performance in the program expense ratio and the liabilities to assets ratio suggests that a significant portion of its resources may not be directed towards its mission, raising concerns about its operational efficiency and long-term sustainability.

Overall, while Rtca Inc has structured governance in place, the low financial efficiency metrics are a red flag for potential donors. Individuals considering support for this nonprofit should weigh the strengths in governance against the financial concerns highlighted in the rating.


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

Is Rtca Inc legitimate?

Rtca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rtca 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: $1,093,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $672,589

For more financial information, click here


Official website here: www.rtca.org

What is the mission statement of Rtca Inc?

Rtca Inc, as a not-for-profit organization, is dedicated to inspiring the development and implementation of integrated performance standards. These standards are designed to adapt to the evolving global aviation environment, ensuring the safety, security, and overall health of the aviation ecosystem. Rtca Inc accomplishes this mission by forming special committees and task forces, primarily in response to government requests, to address aviation issues and generate consensus-based recommendations for the government. These groups are staffed by volunteers from various sectors of the aviation community.


Official website here: www.rtca.org

Who is the CEO of Rtca Inc?

Terry Mcvenes is the President & Ceo of Rtca Inc. The CEO's salary of Rtca Inc is $505,422 and their total compensation is $565,506.


Official website here: www.rtca.org

What is the revenue of Rtca Inc?

Rtca Inc's revenue in 2022 was $3,940,084.


Official website here: www.rtca.org

Who are the executives of Rtca Inc and what are their salaries?

The average compensation at Rtca Inc during 2022 was $176,593. There are 10 employees and 1700 volunteers at Rtca Inc.


Here are 16 key members and their salaries (Rtca Inc's CEO's salary is $505,422 and their total compensation is $565,506):


Terry Mcvenes (President & Ceo)
  • Compensation: $505,422
  • Related: $0
  • Other: $60,084
Lorne Cass (Chairman, Board Of Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Coon (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Buckley (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ireland (Treasurer, Board Of Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Boelkins (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vipul Gupta (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Rocheleau (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Huegel (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Lamb (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Murray (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Eastham (Chief Operating Officer)
  • Compensation: $243,083
  • Related: $0
  • Other: $29,624
Al Secen (Vp, Aviation Technologies And Standards)
  • Compensation: $204,498
  • Related: $0
  • Other: $50,634
Rebecca Morrison (Sr Dir, Aviation Standards And Technologies)
  • Compensation: $155,753
  • Related: $0
  • Other: $12,366
Karan Hofmann (Program Director)
  • Compensation: $137,268
  • Related: $0
  • Other: $43,427
Andrea Berry (Sen Dir, Industry Relations And Membership)
  • Compensation: $131,417
  • Related: $0
  • Other: $16,359


Official website here: www.rtca.org

Where can I find the form 990 for Rtca Inc?

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


Official website here: www.rtca.org

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

Mission Statement of Rtca Inc

Rtca Inc, as a not-for-profit corporation, is dedicated to fostering innovation and implementation of integrated performance standards that cater to the evolving global aviation environment. This organization's primary goal is to ensure the safety, security, and overall health of the aviation ecosystem. By inspiring consensus-based recommendations, Rtca Inc strives to address the challenges that the aviation sector faces, with the help of volunteers from various segments of the aviation community. These specialists form special committees and task forces in response to government requests, working together to develop solutions that address aviation issues.

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Impact




July, 2024

Rtca Inc's impact lies in its pivotal role in inspiring the creation and implementation of integrated performance standards essential for meeting the evolving global aviation environment. By ensuring the safety, security, and overall health of the aviation ecosystem, Rtca Inc plays a crucial part in shaping the future of aviation. Through their committees and task forces staffed by volunteers from all segments of the aviation community, Rtca Inc drives consensus-based recommendations to address aviation issues and support governmental efforts in this field.




This information is meant to be a general summary of Rtca 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
$3,940,084 (2022)
Expenses
$4,424,746 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $147,102
  • Program Service Revenue: $3,722,429
  • Gross Receipts: $4,015,644

Assets and Liabilities:

  • Total Assets: $15,586,507
  • Total Liabilities: $11,084,196
  • Net Assets: $4,502,311

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Programs

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

MEMBERSHIP DUES

Revenue

$2,385,685

PUBLICATIONS

Revenue

$783,738

TRAINING INCOME

Revenue

$524,006

SYMPOSIUM

Revenue

$29,000

Organization Details

Founding Year

1935

Principal Officer

Terry Mcvenes

Main Address

1150 18TH STREET NW 910, WASHINGTON, DC, 20036

NTEE Category

Code: U32Z - Science research

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