American Airpower Heritage Foundation I

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

EIN: 742318005 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is American Airpower Heritage Foundation I?

American Airpower Heritage Foundation I is a nonprofit organization based in Dallas, Texas. Their primary mission is to support and uphold the Commemorative Air Force (CAF) and the American Airpower Heritage Museum (AAHM) by raising funds through contributions and various activities. This support contributes to the preservation, operation, and exhibition of World War II aircraft and related artifacts. The foundation also manages an endowment fund for organizational purposes associated with CAF and the museum. In essence, American Airpower Heritage Foundation I serves to safeguard and showcase the historical legacy of World War II aviation.


Official website here: www.commemorativeairforce.com

Is American Airpower Heritage Foundation I legitimate?

American Airpower Heritage Foundation I is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Airpower Heritage Foundation I 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.commemorativeairforce.com

What is the mission statement of American Airpower Heritage Foundation I?

The American Airpower Heritage Foundation I has a mission to aid the Commemorative Air Force (CAF), the American Airpower Heritage Flying Museum (AAHFM), and the American Airpower Heritage Museum (AAHM) in preserving, operating, and exhibiting World War II aircraft and related artifacts. They also manage an endowment fund for organizational purposes within these entities. Their aim is to support and perpetuate the Commemorative Air Force and the American Airpower Heritage Museum, accepting contributions and gifts to ensure their continued existence.


Official website here: www.commemorativeairforce.com

Who is the CEO of American Airpower Heritage Foundation I?

Lance Linguist is the Chairman of American Airpower Heritage Foundation I.


Official website here: www.commemorativeairforce.com

What is the revenue of American Airpower Heritage Foundation I?

American Airpower Heritage Foundation I's revenue in 2022 was $2,360,934.


Official website here: www.commemorativeairforce.com

Who are the executives of American Airpower Heritage Foundation I and what are their salaries?


Here are 7 key members and their salaries:


Col Victor N Agather (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Novak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Schell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Oliver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Coates (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Linguist (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.commemorativeairforce.com

Where can I find the form 990 for American Airpower Heritage Foundation I?

American Airpower Heritage Foundation I's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.commemorativeairforce.com

Learn more at the official website: www.commemorativeairforce.com

Mission Statement of American Airpower Heritage Foundation I

The American Airpower Heritage Foundation I is committed to supporting the Commemorative Air Force (CAF), the American Airpower Heritage Flying Museum (AAHFM), and the American Airpower Heritage Museum (AAHM) in their endeavors to preserve, operate, and exhibit World War II aircraft and related paraphernalia. The Foundation's mission is to contribute to the continued existence of these organizations by engaging in various activities that generate funds. This involvement allows the Commemorative Air Force and the American Airpower Heritage Museum to uphold their goals and objectives, thereby fostering and perpetuating their important work. The Foundation accepts contributions and gifts to further this cause, demonstrating its dedication to the enduring legacy of the Commemorative Air Force and the American Airpower Heritage Museum.

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Impact




October, 2024

The American Airpower Heritage Foundation I plays a significant role in preserving and promoting the legacy of World War II aviation. By supporting the Commemorative Air Force (CAF) and the American Airpower Heritage Museum, it ensures that historical aircraft are maintained, operated, and exhibited. This not only honors the past but also educates future generations about the critical role airpower played in history.

Through the administration of endowment funds, the foundation facilitates ongoing financial support for these organizations, enabling them to host events, maintain aircraft, and present educational programs. This fosters a deeper appreciation for aviation history and heritage among the public. Additionally, the foundation’s efforts contribute to the preservation of related artifacts, ensuring that the stories and experiences of those who served are not forgotten.

By accepting contributions and generating funds, the foundation solidifies the resources necessary for the continuation and expansion of these vital historical endeavors, ultimately enriching the community's cultural landscape in Dallas, Texas, and beyond.




This information is meant to be a general summary of American Airpower Heritage Foundation I. 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
$2,360,934 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$1,904,715 (2022)
201120122013201420152016201720182019202020212022$0$2M$4M$6M$8M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: -$853,172
  • Program Service Revenue: $997,031
  • Gross Receipts: $3,402,454

Assets and Liabilities:

  • Total Assets: $11,385,727
  • Total Liabilities: $159,030
  • Net Assets: $11,226,697

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Programs

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

AIRCRAFT SPONSORSHIPS

Revenue

$443,025

MCRP INCOME

Revenue

$276,422

MEMBERSHIP DUES

Revenue

$224,231

APPEARANCE & AIRSHOW

Revenue

$44,278

AIRCRAFT RIDES

Revenue

$9,075

Organization Details

Founding Year

1983

Principal Officer

Lance Linguist

Main Address

PO BOX 764769, DALLAS, TX, 75376

NTEE Category

Code: A50 - Arts

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