Overview
What is Vertical Lift Consortium Inc?
Vertical Lift Consortium Inc is a collaborative nonprofit organization, headquartered unspecified, dedicated to conducting cutting-edge scientific research. Their primary goal is to create and license technological innovations that benefit their member organizations. In addition to their research activities, they offer advisory services to the U.S. Government, sharing insights and expertise on non-proprietary technical concepts and issues. By working cooperatively, Vertical Lift Consortium Inc contributes to the advancement of technology in a collective manner.
Official website here: www.verticalliftconsortium.org
Is Vertical Lift Consortium Inc legitimate?
Vertical Lift Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Vertical Lift Consortium 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:
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Official website here: www.verticalliftconsortium.org
What is the mission statement of Vertical Lift Consortium Inc?
The Vertical Lift Consortium Inc, through cooperative scientific research, aims to generate and license technological properties for the advantage of its member organizations. Additionally, the consortium offers insights and guidance on non-proprietary technical concepts and issues to the U.S. Government. The primary goal is to contribute to advancements in technology within its sphere of influence.
Official website here: www.verticalliftconsortium.org
What is the revenue of Vertical Lift Consortium Inc?
Vertical Lift Consortium Inc's revenue in 2023 was $615,369.
Official website here: www.verticalliftconsortium.org
Who are the executives of Vertical Lift Consortium Inc and what are their salaries?
There 17 volunteers at Vertical Lift Consortium Inc.
Here are 18 key members and their salaries:
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Official website here: www.verticalliftconsortium.org
Where can I find the form 990 for Vertical Lift Consortium Inc?
Vertical Lift Consortium Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.verticalliftconsortium.org
Learn more at the official website: www.verticalliftconsortium.org
Mission Statement of Vertical Lift Consortium Inc
Vertical Lift Consortium Inc, a cooperative scientific research organization, works collectively to generate and license technological properties for the advantage of its members. This non-profit entity also offers valuable input and advice on non-proprietary technical concepts and issues to the U.S. Government. In essence, Vertical Lift Consortium Inc serves as a platform for collaboration in scientific research, aiming to harness innovative technologies and provide expert advice to the government, all for the betterment of its members.
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Impact
October, 2024
Vertical Lift Consortium Inc significantly influences the field of scientific research by fostering collaboration among its members to advance technological properties in vertical lift systems. By engaging in cooperative research, the Consortium generates innovative solutions that benefit its members while also addressing broader challenges within the aerospace sector. Additionally, its contributions to non-proprietary technical concepts and issues provide valuable insights that enhance government initiatives, ensuring that advancements in technology align with national interests. This dual focus not only drives progress within the industry but also strengthens partnerships between the private sector and government entities, facilitating a comprehensive approach to vertical lift technology development.
This information is meant to be a general summary of Vertical Lift Consortium 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,274
- Program Service Revenue: $597,095
- Gross Receipts: $615,369
Assets and Liabilities:
- Total Assets: $1,843,506
- Total Liabilities: $59,500
- Net Assets: $1,784,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL DUES
Revenue
$125,120
AMTC ASSESSMENT INCOME
Revenue
$471,975
Organization Details
Founding Year
1995
Principal Officer
Nick Lappos
NTEE Category
Code: U40 - Science research
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