2023-11-14T16:44:55-06:00 2022-12-31 366055558 GRANT THORNTON LLP 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2022-01-01 520636210 AIRCRAFT OWNERS & PILOTS ASSOCIATION AIRC 3016952000 421 AVIATION WAY FREDERICK MD 21701 ERICA SACCOIA SVP - FINANCE & ACCOUNTING 3016952000 2023-11-14 1 ERICA SACCOIA XXX-XX-XXXX 0 MARY TORRETTA P00847851 7038477500 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK BAKER CEOPRESIDENT 421 AVIATION WAY FREDERICK MD 21701 100650548 0 X WWW.AOPA.ORG X 1939 NJ PROTECT YOUR FREEDOM TO FLY BY: ADVOCATING, EDUCATING, SUPPORTING ACTIVITIES THAT ENSURE GA FLIGHT AND SECURING SUFFICIENT RESOURCES TO ENSURE OUR SUCCESS. 12 11 191 2250 5310559 32676 2005973 1956794 24817640 23960143 6102948 6679909 13282601 13332991 46209162 45929837 404728 2500 0 0 21099131 22692981 0 0 311688 18609458 21075070 40113317 43770551 6095845 2159286 150744440 131311317 22739617 24908514 128004823 106402803 X SEE SCHEDULE OAIRCRAFT OWNERS & PILOTS ASSOCIATION (AOPA), A NOT-FOR-PROFIT INDIVIDUAL MEMBERSHIP ORGANIZATION, EFFECTIVELY SERVES THE INTERESTS AND NEEDS OF ITS MEMBERS AND ESTABLISHES, MAINTAINS, AND ARTICULATES POSITION OF LEADERSHIP TO PROMOTE THE ECONOMY, SAFETY, UTILITY AND POPULARITY OF FLIGHT IN GENERAL AVIATION AIRCRAFT, AOPA PRESERVES THE FREEDOM TO FLY BY ADVOCATING ON BEHALF OF OUR MEMBERS; EDUCATING PILOTS, NONPILOTS, AND POLICY MAKERS ALIKE; SUPPORTING ACTIVITIES THAT ENSURE THE LONG-TERM HEALTH OF GENERAL AVIATION; FIGHTING TO KEEP GENERAL AVIATION ACCESSIBLE TO ALL; AND SECURING SUFFICIENT RESOURCES TO ENSURE OUR SUCCESS. 0 0 39780879 2500 23960143 SEE SCHEDULE OSINCE 1939, THE AIRCRAFT OWNERS AND PILOTS ASSOCIATION (AOPA) HAS WORKED TO PROTECT THE FREEDOM TO FLY FOR GENERAL AVIATION (GA) PILOTS IN THE UNITED STATES. MORE THAN 300,000 MEMBERS RELY ON AOPA, AS THE WORLD'S LARGEST AVIATION MEMBERSHIP ASSOCIATION, TO ADVOCATE FOR GA INTERESTS AND KEEP FLYING SAFE, FUN, AND AFFORDABLE. AOPA WORKS WITH MEMBERS OF CONGRESS AND AT ALL LEVELS OF GOVERNMENT TO ENHANCE SAFETY, PROVIDE TOOLS AND RESOURCES FOR PILOTS, AND ENSURE THEY GET THE MOST OUT OF THEIR FLYING. BEYOND JUST THE PILOT COMMUNITY, AOPA WORKS TO EDUCATE DECISION MAKERS AND THE PUBLIC ABOUT THE BENEFITS AND VALUE OF GENERAL AVIATION FLYING. ONE OF THE ASSOCIATION'S MAIN PRIORITIES IS TO ENSURE GA REMAINS A VIABLE FORM OF TRANSPORTATION AND RECREATION FOR FUTURE GENERATIONS. AOPA PROVIDES ITS MEMBERS WITH AN EXTENSIVE PORTFOLIO OF BENEFITS THAT CAN BE GROUPED INTO FIVE AREAS: ADVOCACY, EDUCATION, EVENTS, PRODUCTS AND SERVICES, AND THE AIR SAFETY INSTITUTE. 1. ADVOCACYAOPA'S ADVOCACY EFFORTS ENCOMPASS A BROAD RANGE OF GENERAL AVIATION ACTIVITIES IN THE FEDERAL, STATE, AND LOCAL ARENAS.THESE ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, SUPPORTING THE DEVELOPMENT AND DEPLOYMENT OF HIGH SCHOOL STEM AVIATION CURRICULUM, PROMOTING AND PROTECTING OUR NATION'S GENERAL AVIATION AIRPORT ECOSYSTEM, IMPROVING THE CROSS BORDER TRAVEL EXPERIENCE, CREATING A MORE COMPETITIVE ENVIRONMENT AT OUR NATION'S PUBLIC USE AIRPORTS BY WORKING TOWARD IMPLEMENTATION OF FBO PRICING AND FEE TRANSPARENCY AND TRANSIENT PARKING AND WORKING TOWARD AN UNLEADED AVGAS SOLUTION FOR THE ENTIRE GENERAL AVIATION FLEET OF NEARLY 200,000 AIRCRAFT.AOPA'S ADVOCACY TEAM ALSO INCLUDES SEVEN REGIONAL MANAGERS ACROSS THE COUNTRY AND MORE THAN 2,000 ACTIVE AIRPORT SUPPORT NETWORK VOLUNTEERS WHO HELP KEEP AOPA INFORMED ABOUT GENERAL AVIATION ISSUES IMPORTANT TO PILOTS AND AIRCRAFT OWNERS. AOPA PROMOTES, PROTECTS, AND PARTNERS WITH COMMUNITY AIRPORTS ADVOCATING TO MAINTAIN APPROPRIATE FEDERAL, STATE, AND LOCAL FUNDING. AOPA ALSO WORKS ON BEHALF OF GENERAL AVIATION PILOTS TO ENSURE A SAFE AVIATION SYSTEM, THWART UNNECESSARY AND COSTLY REGULATIONS, PREVENT EXCESS TAXATION ON FLYING, AND PROTECT OUR NATION'S FREEDOM TO FLY.AOPA'S ADVOCACY WORK HAS BEEN RECOGNIZED BY LEADING ORGANIZATIONS INCLUDING THE WASHINGTON, DC BASED NEWSPAPER, THE HILL, AS A TOP ADVOCACY ORGANIZATION.2. EDUCATIONEDUCATING AOPA MEMBERS, AND THE GENERAL AVIATION COMMUNITY, ABOUT AOPA'S WORK TO PROTECT THEIR FREEDOM TO FLY IS CENTRAL TO AOPA'S MISSION. PILOTS, AIRCRAFT OWNERS, AND AVIATION ENTHUSIASTS HAVE COME TO COUNT ON AOPA AS THE CALLED UPON SOURCE OF INFORMATION THAT IS VITAL TO THEIR FLYING INTERESTS. AOPA CONTINUES TO PROVIDE A VARIETY OF RESOURCES AND CONTENT THAT KEEP MEMBERS EDUCATED AND ENGAGED ABOUT ISSUES AND DEVELOPMENTS IN GENERAL AVIATION.AMONG THESE ARE: TWO REGULARLY PUBLISHED MAGAZINES, DAILY ONLINE CONTENT, MORE THAN A DOZEN DIGITAL NEWSLETTERS, TWO WEEKLY VIDEO NEWS PROGRAMS (ONE ON YOUTUBE AND ONE ON INSTAGRAM), EIGHT PODCASTS, PILOT INFORMATION CENTER ONLINE CHAT, MULTIPLE WEB SITES AIMED AT SPECIFIC INTERESTS, AND EVENTS ALL WITH THE GOAL OF EDUCATING AND INFORMING AOPA MEMBERS, THE LARGER AVIATION COMMUNITY, AND THE PUBLIC.AOPA ALSO ENSURES THAT ITS WIDE BREADTH OF CONTENT AND RESOURCES IS AVAILABLE TO THE AVIATION COMMUNITY IN THE MYRIAD WAYS THEY CONSUME TODAY'S NEWS AND ENTERTAINMENT. THIS INCLUDES ROUND-THE-CLOCK ACCESS TO NEWS, INFORMATION, WEATHER AND AIRPORT INFORMATION, AIRCRAFT GUIDES, AIRCRAFT OWNERSHIP RESOURCES, AND MUCH MORE.AOPA'S WIDE RANGE OF CONTENT CATERS TO BOTH VETERAN AVIATORS AND THOSE NEW TO THE FLIGHT DECK. AOPA MEDIA OFFERS DETAILED INFORMATION ABOUT THE PROCESS AND REQUIREMENTS FOR LEARNING TO FLY, AID IN FINDING A FLIGHT INSTRUCTOR AND AVIATION MEDICAL EXAMINER, AN IN DEPTH GUIDE TO CHOOSING A TRAINING AIRCRAFT, AND INFORMATION ABOUT AVIATION CAREERS. AOPA'S ANNUAL YOU CAN FLY PUBLICATION IS ALSO SHARED WITH FLIGHT SCHOOLS AS AN EDUCATIONAL TOOL FOR STUDENT PILOTS.PILOTS WITH MORE EXPERIENCE CAN TAKE ADVANTAGE OF INFORMATION ABOUT EARNING ADVANCED RATINGS AND CERTIFICATES, AS WELL AS TRANSITIONING TO HIGH PERFORMANCE AIRCRAFT, TURBOPROPS, AND JETS.OVER THE PAST YEAR, AOPA PROVIDED VALUABLE INFORMATION TO PILOTS AND AIRCRAFT OWNERS ABOUT THE COMING SWITCH FROM LEADED AVIATION FUEL TO UNLEADED AVIATION FUEL-DETAILING A SAFE AND SMART TRANSITION PLAN THAT WILL BE COMPLETE BY 2030. AOPA ALSO REPORTED ON THE PROGRESS OF ELECTRIC AND HYBRID AIRCRAFT PROPULSION, AND OTHER TECHNOLOGIES, THAT WILL LIKELY REVOLUTIONIZE GENERAL AVIATION IN THE FUTURE.3. EVENTSAOPA WANTED TO START HOSTING EVENTS AGAIN AFTER A ROUGH TWO YEARS OF THE PANDEMIC. AOPA DECIDED TO GET OUR FEET WET WITH TWO SMALLER FLY IN LIKE EVENTS CALLED "HANGOUTS". THESE SMALL GATHERINGS HOSTED BETWEEN 800-1,500 ATTENDEES IN SPOKANE, WASHINGTON AND TAMPA, FLORIDA. THESE SUCCESSFUL TWO-DAY EVENTS HOSTED EDUCATIONAL SEMINARS, A FULL EXHIBIT HALL AND STATIC DISPLAY AS WELL AS CASUAL EVENING ENTERTAINMENT. AOPA ALSO FINISHED THE YEAR WITH A SUCCESSFUL FOUNDATION EVENT, HIGH SCHOOL SYMPOSIUM EVENT, HOOVER TROPHY AWARDS EVENT AND AVIATOR SHOWCASE EVENT. AOPA ALSO CAME BACK IN FORCE AT OTHER EVENTS SUCH AS SUN 'N FUN AND EAA AIRVENTURE WITH A STRONG PRESENCE AND GOOD TRAFFIC THROUGH OUR CAMPUS.4. PRODUCTS AND SERVICES AOPA MEMBERS HAVE ACCESS TO A WIDE RANGE OF PRODUCTS AND SERVICES FROM THE ASSOCIATION'S AFFILIATES AND PARTNERS. WITH A TEAM OF DEDICATED SERVICE SPECIALISTS, AOPA HAS THE RESOURCES TO ANSWER VIRTUALLY ANY AVIATION-RELATED QUESTION MEMBERS MAY HAVE.WHEN A MEMBER HAS AN AVIATION-RELATED QUESTION, THEY CAN CALL THE AOPA PILOT INFORMATION CENTER TO GET FAST AND ACCURATE ANSWERS. WITH A TEAM OF FLIGHT INSTRUCTORS, AIRLINE TRANSPORT-RATED PILOTS, AVIATION MECHANICS, DIGITAL PRODUCT SPECIALISTS, AVIATION MEDICAL SPECIALISTS, AND OTHER AVIATION EXPERTS ON CALL, THE PILOT INFORMATION CENTER TAKES PRIDE IN ASSISTING AOPA MEMBERS WITH ANY AVIATION QUERY. 5. AIR SAFETY INSTITUTEFOR MORE THAN 70 YEARS, THE AOPA AIR SAFETY INSTITUTE (ASI) HAS BEEN LEADING THE GENERAL AVIATION INDUSTRY IN CREATING AND SHAPING NEW SAFETY INITIATIVES THROUGH ENGAGING EDUCATION, INDUSTRY COLLABORATION, RESEARCH AND ANALYSIS, AND COMMUNITY OUTREACH.OVERALL, GENERAL AVIATION IS GROWING ACROSS MOST SEGMENTS AND HAS BOUNCED BACK STRONGER THAN PRE-PANDEMIC LEVELS. ACTIVITY GREW TO AN ESTIMATED 26.2 MILLION FLIGHT HOURS ACROSS GENERAL AVIATION IN 2022. ASI PROVIDES SAFETY EDUCATION, RESEARCH AND ANALYSIS, OUTREACH TO THE GA COMMUNITY, AND COLLABORATIVE EFFORTS WITH GOVERNMENT, INDUSTRY, AND ACADEMIA. APART FROM ITS FLIGHT INSTRUCTOR RENEWAL PROGRAMS, ASI'S SERVICES AND PRODUCTS, SAFETY VIDEOS, PODCASTS, QUIZZES, SEMINARS, WEBINARS, PUBLICATIONS, AND RESEARCH ARE FREE TO ANYONE. WITH NEARLY 10 MILLION IN TOTAL REACH AND PARTICIPATION IN 2022, ASI CONTINUES TO EXPAND ITS SAFETY MESSAGE AND INFLUENCE ON GENERAL AVIATION SAFETY WITH FIVE GUIDING PRINCIPLES: KNOWLEDGE, TRAINING, PROFICIENCY, EQUIPMENT, AND CULTURE.IN 2022, ASI RELEASED THE 32ND JOSEPH T. NALL REPORT, THE MOST COMPREHENSIVE AND WIDELY USED ANALYSIS OF GA ACCIDENTS IN THE INDUSTRY. THE REPORT FEATURES NEAR REAL-TIME DATA TO HELP INFORM AND DRIVE NEW AND MODIFIED SAFETY INITIATIVES. IN 2022, ASI RENEWED MORE THAN 6,300 FLIGHT INSTRUCTOR CERTIFICATES THROUGH THE EFIRC PROGRAM.IN RESPONSE TO THE GA COMMUNITY'S INSATIABLE APPETITE FOR MORE PODCAST AND VIDEO CONTENT, ASI CONTINUED TO RELEASE MONTHLY "THERE I WAS..." PODCAST EPISODES AND CREATED A NEW FIVE-PART COMPANION COPILOT VIDEO SERIES THAT FOCUSES ON THE ENJOYABLE, POSITIVE ASPECTS OF BEING AN ACTIVE, INFORMED, AND EDUCATED FRONT-SEAT, NON-PILOT PASSENGER. ASI LAUNCHED A NEW SAFETY CAMPAIGN IN 2022 CALLED VFR INTO IMC: AVOIDANCE AND ESCAPE TO HELP RAISE AWARENESS OF AND REDUCE GA'S WORST WEATHER-RELATED ACCIDENT CAUSE. THE CAMPAIGN, WHICH RAN FROM MARCH TO NOVEMBER, INCLUDED A VARIETY OF VIDEOS, ARTICLES, PUBLICATIONS, WEBINARS, SEMINARS, AND PODCASTS. IN RESPONSE TO THE RAPIDLY GROWING INTEREST IN BACKCOUNTRY FLYING, ASI CREATED A NEW BACKCOUNTRY RESOURCE CENTER WEB PAGE SPONSORED BY AVIAT HUSKY. THE RESOURCE CENTER OFFERS BACKCOUNTRY ENTHUSIASTS AN ARRAY OF SAFETY MATERIAL, VIDEOS, AND GUIDANCE ON SAFE BACKCOUNTRY FLYING AND STEWARDSHIP. ASI RECEIVED SIX EXCEL AWARDS FOR ITS EFIRC, SAFETY SPOTLIGHTS, EARLY ANALYSIS VIDEOS, ACCIDENT CASE STUDY: INTO THIN AIR VIDEO, "AVOIDING..." AIRCRAFT DAMAGE VIDEO SERIES SPONSORED BY USAIG AND APA, AND ITS CFI TO CFI NEWSLETTER. THE EXCEL AWARDS ARE THE LARGEST AND MOST PRESTIGIOUS PROGRAM RECOGNIZING EXCELLENCE AND LEADERSHIP IN ASSOCIATION MEDIA, PUBLISHING, MARKETING, AND COMMUNICATION. ASI ALSO RECEIVED THE SILVER CREATOR AWARD FROM YOUTUBE FOR REACHING 100,000 SUBSCRIBERS. 39780879 0 1 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 1 0 1 176 0 1 191 1 1 1 1 CJ BD 0 0 1 1 0 1 0 X 12 11 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MN MO MS NH NJ NY NC PA RI SC TN UT VA WV WI X X ERICA SACCOIA 3016952000 421 AVIATION WAY FREDERICK MD 21701 X MARK R BAKER CEO/PRESIDENT 40.00 10.00 X X 1687681 0 194540 WILLIAM C TRIMBLE III CHAIRMAN 1.00 1.00 X X 0 0 0 DARRELL W CRATE VICE CHAIRMAN 1.00 1.00 X X 0 0 0 JAMES N HAUSLEIN TREASURER 1.00 1.00 X X 0 0 0 LAWRENCE D BUHL III TRUSTEE 1.00 1.00 X 0 0 0 MATTHEW J DESCH TRUSTEE 1.00 1.00 X 0 0 0 AMANDA C FARNSWORTH TRUSTEE 1.00 1.00 X 0 0 0 WILLIAM B L HUDSON TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL POZNANSKY TRUSTEE 1.00 1.00 X 0 0 0 JAMES G TUTHILL JR TRUSTEE 1.00 1.00 X 0 0 0 LUKE R WIPPLER TRUSTEE 1.00 1.00 X 0 0 0 STEPHEN ELOP TRUSTEE 1.00 1.00 X 0 0 0 JUSTINE A HARRISON SVP - GENERAL COUNSEL 40.00 10.00 X 465985 0 41182 GREGORY L COHEN CHIEF ADMINISTRATIVE OFFICER 40.00 10.00 X 370237 0 45066 ERICA J SACCOIA SVP - FINANCE & ACCOUNTING 40.00 10.00 X 322835 0 33479 JAMES W COON SVP - GOVERNMENT AFFAIRS & ADVOCACY 40.00 0.00 X 536995 0 78742 JIRI MAROUSEK SVP - INNOVATION 40.00 0.00 X 338323 0 58362 RICHARD G MCSPADDEN EXECUTIVE DIRECTOR - ASI 40.00 0.00 X 322685 0 26478 KOLLIN STAGNITO SVP - MEDIA & MARKETING 40.00 0.00 X 308007 0 37845 JOHN D HAMILTON VP - INFORMATION TECHNOLOGY 40.00 0.00 X 265948 0 22724 4618696 0 538418 39 0 1 0 QUAD GRAPHICS INC PO BOX 842858 BOSTON MA 022842858 MAGAZINE PRINTING 1421416 TRACTION ENTERPRISE CO 500 - 2700 PRODUCTION WAY BURNABY CA BC V5A 0C2 SOFTWARE IMPLEMENTATION PARTNER 922999 NAVISTAR DIRECT MARKETING LLC 4612 NAVISTAR DRIVE FREDERICK MD 21703 PRINT/MAIL SERVICES 616339 RES EXHIBIT SERVICES LLC 435 SMITH STREET ROCHESTER NY 14608 SHOW/CONVENTION PRODUCTION 502550 VALTIM MARKETING SERVICES PO BOX 809 FOREST VA 24551 FULFILLMENT 384441 11 1500000 456794 1956794 MEMBERSHIP DUES 900099 22704485 22704485 EDUCATIONAL COURSES 900099 795212 795212 AIRPORT DATA 900099 268998 268998 EVENT REGISTRATION 900099 191448 191448 23960143 1163180 2027 1161153 2558927 2558927 249360 353901 -104541 -104541 -104541 59883539 54363131 3679 5520408 -3679 5516729 5516729 COST SHARING 900099 5555313 5555313 ADVERTISING INCOME 513190 5308532 5308532 OTHER 900099 14760 14760 10878605 45929837 23960143 5310559 14702341 2500 2500 3161008 3057389 103619 15293524 14101856 1191668 1364805 1266627 98178 411439 406108 5331 2462205 2216384 245821 191076 157372 33704 134037 123176 10861 30000 30000 568202 568202 3033934 2966114 30720 37100 1620168 1502198 117970 954869 892796 55238 6835 2486994 2332284 154710 688250 148431 539819 1248928 1242642 6257 29 1952513 1948578 3935 139232 127950 11282 1565109 1303012 262097 403206 375465 27741 PRINT/MAIL/POSTAGE 2724141 2520269 71790 132082 MAGAZINE PRODUCTION 1505554 1505554 RENTALS 533919 311568 222351 DUES LICENSES & SUBS. 419674 412927 6747 875264 829679 27913 17672 43770551 39780879 3677984 311688 4725133 2864787 1508523 2174478 1848512 1633682 34552940 24512088 10220997 10040852 35345747 34780408 92984037 73019499 4111491 6797611 150744440 131311317 4614665 4776768 12476607 12055731 3248203 2813930 2400142 5262085 22739617 24908514 X 128004823 106402803 128004823 106402803 150744440 131311317 2159286 -23761306 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 1225480 1225480 11940734 9408364 2532370 0 2655102 2357828 297274 18731624 12745896 5985728 10040852 ALTERNATIVE INVESTMENTS 73019499 F 73019499 OPERATING LEASE OBLIGATION 2856234 INVESTMENT IN SUBSIDIARIES 3848162 LOAN SWAP 91602 OTHER 1613 6797611 DEFERRED RENT LIABILITY 2913628 LIFETIME MEMBERSHIP LIABILITY 1926189 SERP PLAN LIABILITY 422268 5262085 X PART X, LINE 2: FIN 48 FOOTNOTE THE ASSOCIATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 23160692 0 0 0 0 0 0 23160692 0 23160692 1 0 1 0 1 0 PART III ACCOUNTING METHOD: X X 1 1 X X X X X X 1 1 0 0 0 0 0 1 1 1 MARK R BAKER CEO/PRESIDENT 961249 0 675000 0 51432 0 176078 0 18462 0 1882221 0 0 0 JAMES W COON SVP - GOVERNMENT AFFAIRS & ADVOCACY 413076 0 119730 0 4189 0 76078 0 2664 0 615737 0 0 0 JUSTINE A HARRISON SVP - GENERAL COUNSEL 355515 0 109518 0 952 0 26078 0 15104 0 507167 0 0 0 GREGORY L COHEN CHIEF ADMINISTRATIVE OFFICER 287464 0 82138 0 635 0 25850 0 19216 0 415303 0 0 0 JIRI MAROUSEK SVP - INNOVATION 189032 0 69488 0 79803 0 56659 0 1703 0 396685 0 0 0 ERICA J SACCOIA SVP - FINANCE & ACCOUNTING 245582 0 76059 0 1194 0 23571 0 9908 0 356314 0 0 0 RICHARD G MCSPADDEN EXECUTIVE DIRECTOR - ASI 245494 0 73680 0 3511 0 23414 0 3064 0 349163 0 0 0 KOLLIN STAGNITO SVP - MEDIA & MARKETING 255675 0 50000 0 2332 0 24030 0 13815 0 345852 0 0 0 JOHN D HAMILTON VP - INFORMATION TECHNOLOGY 223025 0 41872 0 1051 0 20744 0 1980 0 288672 0 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL AND TRAVEL FOR COMPANIONS CERTAIN DIRECTORS AND OFFICERS RECEIVED FIRST CLASS AIR TRAVEL AND TRAVEL FOR COMPANIONS. IT IS THE ORGANIZATION'S POLICY TO TREAT THE ABOVE ITEMS AS TAXABLE COMPENSATION AND REPORT THE APPLICABLE AMOUNTS TO THE IRS ON FORM W-2 OR FORM 1099-NEC FOR THE APPLICABLE TAX YEAR. PART I, LINE 3 ESTABLISHED COMPENSATION THE COMPENSATION LEVELS AND SALARY RANGES FOR OFFICERS AND CERTAIN EMPLOYEES OF THE ORGANIZATION ARE ESTABLISHED BASED ON COMPETITIVE MARKET DATA OBTAINED THROUGH PERIODIC SALARY SURVEYS PERFORMED BY OUTSIDE COMPENSATION EXPERTS ENGAGED BY THE ORGANIZATION. THESE INDEPENDENT SURVEYS PROVIDE GUIDANCE FOR ESTABLISHING REASONABLE COMPENSATION RATES AS COMPARED TO COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR POSITIONS OF SIMILAR SCOPE OF RESPONSIBILITY. ALL POSITIONS ARE EVALUATED AND PLACED IN THE APPROPRIATE GRADES/SALARY RANGES. AN INDIVIDUAL EMPLOYEE'S SALARY, WITHIN THEIR ASSIGNED RANGE, VARIES DEPENDING PRIMARILY UPON EXPERIENCE AND PERFORMANCE. THE ORGANIZATION HAS ADOPTED A "PAY FOR PERFORMANCE" PHILOSOPHY ALLOWING MANAGERS TO AWARD MERIT INCREASES BASED ON AN INDIVIDUAL'S PERFORMANCE AGAINST PRE-ESTABLISHED GOALS. THE ORGANIZATION'S ANNUAL MERIT INCREASE BUDGET IS APPROVED BY THE BOARD OF TRUSTEES BASED ON MARKET SURVEYS. OFFICERS AND CERTAIN EMPLOYEES ALSO PARTICIPATE IN THE ORGANIZATION'S INCENTIVE PAY PROGRAM. PART I, LINES 4A-B SEVERANCE PAYMENTS ONE LISTED INDIVIDUAL RECEIVED SEVERANCE PAYMENTS IN CALENDAR YEAR 2022. THESE AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN B (III). NONQUALIFIED RETIREMENT PLAN MARK BAKER AND JAMES COON BOTH PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED 457(F) PLAN, WHICH IS INCLUDED IN PART II, COLUMN C. THE 2022 CONTRIBUTION TO THIS PLAN WAS $150,000 FOR MARK BAKER AND $50,000 FOR JAMES COON. PART I, LINE 7 NONFIXED PAYMENTS TARGET INCENTIVE AMOUNTS, AS A PERCENTAGE OF BASE SALARY, ARE ESTABLISHED BASED ON THE PARTICIPANT'S POSITION. THE ACTUAL BONUS PAID IS PROPOSED BY THE EXECUTIVE MANAGEMENT TEAM AND THE PRESIDENT BASED ON THEIR ASSESSMENT OF THE PARTICIPANT'S INDIVIDUAL PERFORMANCE AND THAT OF THE ORGANIZATION AGAINST PRE-ESTABLISHED GOALS. THE BOARD OF TRUSTEES AND COMPENSATION COMMITTEE REVIEW AND MAKE A FINAL DETERMINATION AS TO THE ACTUAL BONUS AMOUNT PAID TO PARTICIPANTS. NONE OF THE PERSONS MENTIONED ABOVE PARTICIPATE IN THE DELIBERATION OF THEIR COMPENSATION ARRANGEMENT. THE DELIBERATIONS AND DECISIONS OF THESE COMPENSATION ARRANGEMENTS ARE MAINTAINED IN CONTEMPORANEOUS DOCUMENTATION WITH OUR HUMAN RESOURCES DEPARTMENT. PART I, LINE 8 CONTRACTS THE PRESIDENT/CEO IS PAID PURSUANT TO A BOARD APPROVED EMPLOYMENT CONTRACT THAT WAS BASED ON COMPETITIVE MARKET DATA FROM OUTSIDE COMPENSATION EXPERTS. MARK BAKER PRESIDENT 114385 SEE PART V 0 PART IV - EMPLOYEE OWNED AIRCRAFT WHEN APPROPRIATE, AOPA UTILIZES EMPLOYEE-OWNED AIRCRAFT FOR BUSINESS PURPOSES. REIMBURSEMENT FOR FUEL & OPERATING COSTS ARE BASED ON INDUSTRY DETERMINED RATES DEPENDENT ON TYPE OF AIRCRAFT. THESE TYPES OF ARRANGEMENTS ARE DOCUMENTED ON CONTRACTS AND HELP MINIMIZE THE ON-GOING COSTS OF MAINTAINING AN ORGANIZATION OWNED FLEET. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS THERE ARE TWO TRUSTEES (MR. TRIMBLE AND MR. CRATE) WHO HAVE A BUSINESS RELATIONSHIP OUTSIDE OF AOPA. THESE TWO TRUSTEES ARE PARTNERS IN THE SAME COMPANY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS AOPA IS THE WORLD'S LARGEST CIVIL AVIATION ORGANIZATION AND HAS MORE THAN 300,000 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT AT THE ANNUAL MEETING OF MEMBERS, AOPA MEMBERS IN GOOD STANDING ARE ENTITLED TO VOTE FOR THE AOPA BOARD OF TRUSTEES. AOPA MEMBERS ARE ENTITLED TO ONE VOTE. EACH MEMBER ENTITLED TO VOTE MAY DO SO EITHER IN PERSON OR BY PROXY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS IN CONJUNCTION WITH GRANT THORNTON LLP TAX SPECIALISTS, AOPA MANAGEMENT REVIEWS THE FORM 990 WITH THE AUDIT COMMITTEE PRIOR TO PRESENTING THE RETURN TO OUR BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE AIRCRAFT OWNERS & PILOTS ASSOCIATION'S BOARD IS PROVIDED A WRITTEN "CODE OF ETHICS, CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSURE FORM" ("FORM"). THE FORM REQUIRES PERSONS COVERED (OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES) TO ANNUALLY DISCLOSE AND UPDATE THE FORM AND PROVIDE TO LEGAL COUNSEL INTERESTS THAT COULD GIVE RISE TO CONFLICT(S). LEGAL COUNSEL REVIEWS THE ANNUAL DISCLOSURES BY ALL COVERED PERSONS. DISCLOSURES ARE REGULARY MONITORED BY COUNSEL, ANY POTENTIALLY CONFLICTING OR OTHERWISE QUESTIONABLE RESPONSES ARE FLAGGED AND THE ETHICS POLICY IS ENFORCED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION FOR THE PRESIDENT IS SET BY THE BOARD OF TRUSTEES AND COMPENSATION COMMITTEE AND CONTRACTUALLY CONFIRMED THROUGH AN EMPLOYMENT AGREEMENT BETWEEN THE BOARD AND THE INCUMBENT. THE BASE SALARY FOR THIS POSITION MAY BE ADJUSTED BY THE BOARD FROM TIME TO TIME AT ITS SOLE DISCRETION. THE PRESIDENT IS ALSO CONSIDERED ANNUALLY BY THE BOARD FOR AN INCENTIVE BONUS WHICH IS A PERCENT OF BASE SALARY. THE ACTUAL BONUS PAID IS DETERMINED BY THE BOARD BASED ON ITS ASSESSMENT OF THE PRESIDENT'S PERFORMANCE AND THAT OF THE ORGANIZATION AGAINST APPROPRIATE GOALS SET BY THE COMPENSATION COMMITTEE AND THE PRESIDENT. PERIODIC INDEPENDENT REVIEWS OF THE PRESIDENT'S COMPENSATION ARE CONDUCTED BY OUTSIDE COMPENSATION EXPERTS TO ENSURE THAT THE COMPENSATION PAID IS REASONABLE BASED ON APPROPRIATE DATA AS TO COMPARABILITY OF COMPENSATION PAID BY SIMILAR ORGANIZATIONS FOR POSITIONS OF SIMILAR SCOPE OF RESPONSIBILITY. THE COMPENSATION LEVELS AND SALARY RANGES FOR OFFICERS AND CERTAIN EMPLOYEES OF THE ORGANIZATION ARE ESTABLISHED BASED ON COMPETITIVE MARKET DATA OBTAINED THROUGH PERIODIC SALARY SURVEYS PERFORMED BY OUTSIDE COMPENSATION EXPERTS ENGAGED BY THE ORGANIZATION. THESE SURVEYS PROVIDE GUIDANCE FOR ESTABLISHING REASONABLE COMPENSATION RATES AS COMPARED TO COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR POSITIONS OF SIMILAR SCOPE OF RESPONSIBILITY. ALL POSITIONS ARE EVALUATED AND PLACED IN THE APPROPRIATE GRADES/SALARY RANGES. AN INDIVIDUAL EMPLOYEE'S SALARY, WITHIN THEIR ASSIGNED RANGE, VARIES DEPENDING PRIMARILY UPON EXPERIENCE AND PERFORMANCE. THE ORGANIZATION HAS ADOPTED A "PAY FOR PERFORMANCE" PHILOSOPHY ALLOWING MANAGERS TO AWARD MERIT INCREASES BASED ON AN INDIVIDUAL'S PERFORMANCE AGAINST PRE-ESTABLISHED GOALS. THE ORGANIZATION'S ANNUAL MERIT INCREASE BUDGET IS APPROVED BY THE BOARD OF TRUSTEES BASED ON MARKET SURVEYS. OFFICERS AND CERTAIN EMPLOYEES ALSO PARTICIPATE IN THE ORGANIZATION'S INCENTIVE PAY PROGRAM. TARGET INCENTIVE AMOUNTS, AS A PERCENTAGE OF BASE SALARY, ARE ESTABLISHED BASED ON THE PARTICIPANT'S POSITION. THE ACTUAL BONUS PAID IS PROPOSED BY THE EXECUTIVE MANAGEMENT TEAM AND THE PRESIDENT BASED ON THEIR ASSESSMENT OF THE PARTICIPANT'S INDIVIDUAL PERFORMANCE AND THAT OF THE ORGANIZATION AGAINST PRE-ESTABLISHED GOALS. THE BOARD OF TRUSTEES AND COMPENSATION COMMITTEE REVIEW AND MAKE A FINAL DETERMINATION AS TO THE ACTUAL BONUS AMOUNT PAID TO PARTICIPANTS. NONE OF THE PERSONS MENTIONED ABOVE PARTICIPATE IN THE DELIBERATION OF THEIR COMPENSATION ARRANGEMENT AND RECUSE THEMSELVES FROM ALL OTHER DELIBERATIONS AND DISCUSSIONS RELATED TO A MATTER IN WHICH THEY MAY HAVE AN INTEREST. THE DELIBERATIONS AND DECISIONS OF THESE COMPENSATION ARRANGEMENTS ARE MAINTAINED IN CONTEMPORANEOUS DOCUMENTATION WITH OUR HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION B, LINES 16A AND 16B: JOINT VENTURES THE ORGANIZATION DOES HAVE A WRITTEN MANAGEMENT POLICY TO EVALUATE ALL CONTRACTS AND AGREEMENTS TO ENSURE THAT ALL CONTRACT AND JOINT VENTURE ARRANGEMENTS ARE IN ACCORDANCE WITH FEDERAL, STATE, AND LOCAL LAWS AND RELATED REGULATIONS. IN ADDITION, ALL JOINT VENTURE AGREEMENTS ARE REQUIRED TO BE REVIEWED BY THE ORGANIZATION'S GENERAL COUNSEL. THERE WERE NO JOINT VENTURE AGREEMENTS DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION DOES MAKE AVAILABLE ITS CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, FORM 990 RETURNS, AND FORM 1024 TO THE GENERAL PUBLIC. THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS TO THE EXTENT REQUIRED BY LAW. THE PUBLIC CAN RECEIVE COPIES BY CONTACTING THE ORGANIZATION'S HEADQUARTERS. COPIES OF THE RETURNS CAN BE OBTAINED AT WWW.AOPA.ORG/ABOUT-AOPA/GOVERNANCE AND OTHER PUBLIC SITES. FORM 990, PART VII, SECTION A, LINE 1: HOURS WORKED FOR THE AOPA FOUNDATION, INC. MARK BAKER, GREG COHEN, JUSTINE HARRISON, AND ERICA SACCOIA ARE FULL-TIME EMPLOYEES OF AIRCRAFT OWNERS & PILOTS ASSOCIATION (AOPA), ALTHOUGH THEY DEVOTE APPROXIMATELY TEN HOURS PER WEEK TO THE RELATED 501(C)(3) PUBLIC CHARITY ORGANIZATION: THE AOPA FOUNDATION, INC. GENERAL AVIATION STAKEHOLDERS UNLIMITED 421 AVIATION WAY FREDERICK MD 21701 883921187 GENERAL AVIATION DE 0 0 AOPA THE AOPA FOUNDATION INC 421 AVIATION WAY FREDERICK MD 21701 208817225 CHARITABLE MD 501(C)(3) LINE 7 AOPA 1 AOPA POLITICAL ACTION COMMITTEE 421 AVIATION WAY FREDERICK MD 21701 563014117 PAC DC 527 N/A AOPA 1 AOPA HOLDINGS CORPORATION 421 AVIATION WAY FREDERICK MD 21701 461036265 HOLDINGS CORP DE AOPA C 8171214 1802041 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 THE AOPA FOUNDATION INC C 1500000 FMV AOPA HOLDINGS CORPORATION R 5296942 FMV THE AOPA FOUNDATION INC L 632185 FMV THE AOPA FOUNDATION INC N 1351483 FMV THE AOPA FOUNDATION INC Q 3599262 FMV AOPA HOLDINGS CORPORATION N 1281579 FMV THE AOPA FOUNDATION INC R 72905 FMV AOPA HOLDINGS CORPORATION L 1904047 FMV AOPA HOLDINGS CORPORATION M 800000 FMV AOPA HOLDINGS CORPORATION Q 2905387 FMV