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Embry-Riddle Aeronautical University Asia Ltd

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

EIN: 980681431 ✦ Daytona beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Embry-Riddle Aeronautical University Asia Ltd?

Embry-Riddle Aeronautical University Asia Ltd, based in Daytona Beach, Florida, is a nonprofit organization that extends the educational opportunities provided by Embry-Riddle Aeronautical University, Inc. to students in key countries within the Asia Pacific region. The university offers both part-time and full-time undergraduate and graduate degree programs for both pre-employment and working professionals. Its mission is to provide higher education and research in aviation and aerospace, contributing to the growth and development of these fields in the Asia Pacific region. The university's location in Daytona Beach, Florida, is specified as 1 AEROSPACE BLVD.


Official website here: www.asia.erau.edu

Is Embry-Riddle Aeronautical University Asia Ltd legitimate?

Embry-Riddle Aeronautical University Asia Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embry-Riddle Aeronautical University Asia Ltd 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: $228,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $987,838

For more financial information, click here


Official website here: www.asia.erau.edu

What is the mission statement of Embry-Riddle Aeronautical University Asia Ltd?

Embry-Riddle Aeronautical University Asia Ltd, as an extension of Embry-Riddle Aeronautical University, Inc., aims to provide higher education and research opportunities in the fields of aviation and aerospace to students in key countries within the Asia Pacific region. The university offers both part-time and full-time undergraduate and graduate degree programs to cater to pre-employment and working professional students. Its mission is to extend the educational and research capabilities of the main campus, thereby contributing to the growth and development of these fields in the Asia Pacific region.


Official website here: www.asia.erau.edu

Who is the CEO of Embry-Riddle Aeronautical University Asia Ltd?

John Watret Phd is the Chairperson of Embry-Riddle Aeronautical University Asia Ltd.


Official website here: www.asia.erau.edu

What is the revenue of Embry-Riddle Aeronautical University Asia Ltd?

Embry-Riddle Aeronautical University Asia Ltd's revenue in 2022 was $3,560,046.


Official website here: www.asia.erau.edu

Who are the executives of Embry-Riddle Aeronautical University Asia Ltd and what are their salaries?


Here are 5 key members and their salaries:


John Watret (Chairperson)
  • Compensation: $0
  • Related: $456,892
  • Other: $42,219
Charles Sevastos (Secretary)
  • Compensation: $0
  • Related: $279,089
  • Other: $34,003
Randall B Howard (Board Member)
  • Compensation: $0
  • Related: $504,804
  • Other: $43,100
Quay Chew Eng (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Flaherty (Vice Chancellor And Exec Dir)
  • Compensation: $231,721
  • Related: $0
  • Other: $8,757


Official website here: www.asia.erau.edu

Where can I find the form 990 for Embry-Riddle Aeronautical University Asia Ltd?

Embry-Riddle Aeronautical University Asia Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.asia.erau.edu

Learn more at the official website: www.asia.erau.edu

Mission Statement of Embry-Riddle Aeronautical University Asia Ltd

Embry-Riddle Aeronautical University Asia Ltd, abbreviated as ERAU Asia, is dedicated to extending the opportunities for higher education and research in the fields of aviation and aerospace to key countries within the Asia Pacific region. The organization's mission aligns with that of Embry-Riddle Aeronautical University, Inc., aiming to deliver quality education and advancements in these sectors.

ERAU Asia caters to both pre-employment and working professional students, offering a variety of undergraduate and graduate degree programs on a part-time and full-time basis. This flexible approach enables individuals to pursue their academic goals while maintaining their professional commitments, thereby contributing to the growth of the aviation and aerospace industries in the region. By extending these opportunities, ERAU Asia plays a vital role in fostering knowledge and innovation in these fields, potentially paving the way for advancements and breakthroughs in the aviation and aerospace sectors.

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Impact




October, 2024

Embry-Riddle Aeronautical University Asia Ltd significantly contributes to the educational landscape in the Asia-Pacific region by offering both part-time and full-time undergraduate and graduate degree programs tailored for pre-employment and working professionals. This accessibility promotes lifelong learning and professional development in aviation and aerospace, fields that are critical to the economic growth and technological advancement of the region.

By extending the renowned educational opportunities of Embry-Riddle Aeronautical University, ERAU Asia plays a vital role in cultivating a highly skilled workforce capable of meeting the demands of the aviation and aerospace industries. This enhances job prospects for students and contributes to the overall advancement of these sectors within the countries it serves.

Moreover, ERAU Asia's commitment to research in aviation and aerospace fosters innovation and collaboration, positioning the region favorably in global markets. The university's presence encourages local partnerships, strengthens community ties, and drives forward the development of cutting-edge solutions to contemporary challenges in the aviation field. As a result, the impact of Embry-Riddle Aeronautical University Asia Ltd resonates well beyond the classroom, shaping the future of aviation education and industry practices across the Asia-Pacific region.




This information is meant to be a general summary of Embry-Riddle Aeronautical University Asia Ltd. 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
$3,560,046 (2022)
Expenses
$3,332,071 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Program Service Revenue: $3,509,969
  • Gross Receipts: $3,560,046

Assets and Liabilities:

  • Total Assets: $1,824,531
  • Total Liabilities: $1,269,709
  • Net Assets: $554,822

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Programs

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

TUITION REVENUE & FEES

Revenue

$3,494,989

GRAD & ACADEMIC FEES

Revenue

$14,980

Organization Details

Founding Year

2009

Principal Officer

John Watret Phd

Main Address

1 AEROSPACE BLVD, DAYTONA BEACH, FL, 32114

NTEE Category

Code: B43 - Education

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