Overview
What is Monterey County Airshow Assoc Inc?
Monterey County Airshow Association Inc, located in Salinas, California, is a nonprofit organization that annually organizes a family-focused event, the California International Airshow, held at the Salinas Airport. The association relies on volunteers and service clubs to execute the event, with the net proceeds generously donated to local charities and service groups. The 2022 event resulted in substantial contributions of around $110,000 to the community. The primary mission of Monterey County Airshow Association Inc is to produce this aerial spectacle, bringing joy and support to the local community.
Official website here: www.salinasairshow.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Monterey County Airshow Association has received a Two-Star rating from Charity Navigator, reflecting a need for improvement in its accountability and financial transparency. While the organization has a fully independent board and maintains a strong program expense ratio of 92.52%, which indicates that a significant portion of its expenses goes directly to its programs, several critical policies and financial documents are missing.
While the organization demonstrates positive practices in areas like board independence and asset management, it falls short in providing essential financial statements and lacks key governance policies, such as a conflict of interest and whistleblower policy. These gaps contribute to its lower overall score, indicating that potential donors may wish to seek additional information regarding its governance and financial reporting practices before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Monterey County Airshow Assoc Inc legitimate?
Monterey County Airshow Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monterey County Airshow Assoc 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,100
For more financial information, click here
Official website here: www.salinasairshow.com
What is the mission statement of Monterey County Airshow Assoc Inc?
The Monterey County Airshow Association's primary mission is to organize an annual family-friendly event, utilizing volunteers and service clubs. The objective is to generate proceeds from this event and subsequently donate the net amount to local charities. Each year, the California International Airshow serves this purpose, providing entertainment and community engagement. The 2022 edition of the airshow, held in Salinas, resulted in approximately $110,000 in donations to various local charities and service groups.
Official website here: www.salinasairshow.com
Who is the CEO of Monterey County Airshow Assoc Inc?
Harry Wardwell is the Executive Dir. of Monterey County Airshow Assoc Inc.
Official website here: www.salinasairshow.com
What is the revenue of Monterey County Airshow Assoc Inc?
Monterey County Airshow Assoc Inc's revenue in 2022 was $1,011,511.
Official website here: www.salinasairshow.com
Who are the executives of Monterey County Airshow Assoc Inc and what are their salaries?
There 800 volunteers at Monterey County Airshow Assoc Inc.
Here are 16 key members and their salaries:
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Official website here: www.salinasairshow.com
Where can I find the form 990 for Monterey County Airshow Assoc Inc?
Monterey County Airshow Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.salinasairshow.com
Learn more at the official website: www.salinasairshow.com
Mission Statement of Monterey County Airshow Assoc Inc
Monterey County Airshow Association Inc is an organization committed to hosting a family-friendly event annually, leveraging volunteers and service clubs. Their primary objective is to stage this event, which serves as a source of entertainment for the local community. The proceeds generated from the event, after covering expenses, are then channeled to various local charities and service groups. The 41st edition of the California International Airshow, held in October 2022 at the Salinas Airport, was a testament to this mission. The event was successful in raising approximately $110,000, which was subsequently donated to various charities and service groups in the community. Monterey County Airshow Association Inc's mission, therefore, is to bring joy and support to the community through an annual airshow, while simultaneously contributing to the well-being of local charities and service groups.
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Impact
July, 2024
Monterey County Airshow Assoc Inc's impact can be seen through its annual staging of the California International Airshow, a family-oriented event that brings the community together using volunteers and service clubs. The net proceeds from the airshow are then passed on to local charities, with approximately $110,000 donated to various charitable organizations and service groups in the local community from the 2022 airshow. This demonstrates the organization's commitment to supporting and benefiting the community through its fundraising efforts.
This information is meant to be a general summary of Monterey County Airshow Assoc 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 2022.
- Investment Income: $1,684
- Program Service Revenue: $399,925
- Gross Receipts: $1,047,944
Assets and Liabilities:
- Total Assets: $455,371
- Total Liabilities: $3,515
- Net Assets: $451,856
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$399,925
Organization Details
Founding Year
1981
Phone
(831) 754-1983Principal Officer
Harry Wardwell
Main Address
P O BOX 1448, SALINAS, CA, 93902
Website
www.salinasairshow.comNTEE Category
Code: N50 - Recreation
If you are a representative of Monterey County Airshow Assoc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.