Overview
What is Aerox?
Aerox is a nonprofit organization situated in Winston-Salem, North Carolina, specifically at PO Box 21565. They are engaged in the Beyond Initiative, collaborating with various partners, including the North Carolina Department of Transportation, the Federal Aviation Administration, and other public and private entities. The primary focus of Aerox is to unlock the commercial potential of unmanned aviation, aiming to establish a national model ecosystem for Advanced Air Mobility. With a modest workforce of four individuals, they are actively contributing to this innovative field.
Official website here: www.ncaerox.com
Is Aerox legitimate?
Aerox is a legitimate nonprofit organization registered as a 501(c)(6) entity. Aerox 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: $339,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ncaerox.com
What is the mission statement of Aerox?
Aerox, as a partner in North Carolina's Department of Transportation's Beyond Initiative, is committed to establishing a national model ecosystem for advanced air mobility. Working closely with NCDOT's Unmanned Aircraft Systems Program, the Federal Aviation Administration, and various public and private partners, Aerox aims to unlock the commercial potential of unmanned aviation. This initiative involves creating a robust infrastructure that supports the safe and efficient operation of advanced air mobility systems, ultimately contributing to the development of a more connected and sustainable transportation network.
Official website here: www.ncaerox.com
What is the revenue of Aerox?
Aerox's revenue in 2023 was $73,124.
Official website here: www.ncaerox.com
Who are the executives of Aerox and what are their salaries?
The average compensation at Aerox during 2023 was $42,447. There are 8 employees and 3 volunteers at Aerox.
Here are 5 key members and their salaries:
- Compensation: $195,867
- Related: $0
- Other: $0
- Compensation: $58,239
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ncaerox.com
Where can I find the form 990 for Aerox?
Aerox's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ncaerox.com
Learn more at the official website: www.ncaerox.com
Mission Statement of Aerox
Aerox, a key player in the advanced air mobility sector, is dedicated to establishing a national model ecosystem for this technology. Working in tandem with North Carolina's Department of Transportation's Beyond Initiative, Aerox collaborates closely with NCDOT's Unmanned Aircraft Systems Program, the Federal Aviation Administration, and various public and private partners. This collaboration aims to unlock the commercial potential of unmanned aviation, ultimately contributing to a more innovative and sustainable future in air transportation.
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Impact
October, 2024
Aerox plays a pivotal role in transforming the landscape of advanced air mobility. By collaborating with North Carolina's Department of Transportation through the Beyond Initiative, Aerox fosters innovation and integration in unmanned aviation. Their efforts enhance public and private partnerships, creating a robust ecosystem that supports the commercialization of unmanned aerial systems.
Set in Winston-Salem, NC, Aerox focuses on developing infrastructure, regulations, and technologies that will set a national standard for advanced air mobility. By aligning with agencies like the Federal Aviation Administration and engaging with various stakeholders, Aerox helps to navigate the complex regulatory environment and drive advancements in this rapidly evolving industry.
Through these initiatives, Aerox not only contributes to the improvement of community infrastructure but also positions North Carolina as a leader in the future of transportation, helping to unleash the full potential of unmanned aviation for commercial use and paving the way for innovations that could redefine how goods and services are delivered.
This information is meant to be a general summary of Aerox. 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.
- Program Service Revenue: $624
- Gross Receipts: $73,124
Assets and Liabilities:
- Total Assets: $4,436,409
- Total Liabilities: $30,564
- Net Assets: $4,405,845
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Organization Details
Founding Year
2021
Principal Officer
Basil Yap
Website
www.ncaerox.comNTEE Category
Code: S41 - Community improvement
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