2025-01-15T10:59:50-06:00 2024-02-29 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2023-03-01 390917537 EXPERIMENTAL AIRCRAFT ASSOCIATION INC EXPE 9204264800 3000 POBEREZNY ROAD OSHKOSH WI 54902 KELLY RUH CFO 9204264800 2025-01-14 1 1 BRIDGET ROCHE P00666837 3128560200 2025-01-14 2023 2024-10-15 13:58:12Z KELLY RUH 3000 POBEREZNY ROAD OSHKOSH WI 54902 65781990 0 X WWW.EAA.ORG X 1955 WI DEDICATION TO GROWING AVIATION THROUGH PARTICIPATION & EDUCATION. DELIVER (CONTINUED ON SCHEDULE O) 29 28 1048 6049 1791075 130794 8926615 9880751 28184619 31826617 408313 903874 7061860 8202508 44581407 50813750 1713624 2038073 0 0 16454663 18026414 0 0 1064394 25014386 28695351 43182673 48759838 1398734 2053912 63729814 97793809 28731140 60074633 34998674 37719176 X EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. IS DEDICATED TO GROWING AVIATION THROUGH PARTICIPATION AND EDUCATION. WE STRIVE TO DELIVER EDUCATIONAL OFFERINGS AND ACTIVITIES WHICH GUIDE NEW PARTICIPANTS AND REDUCE BARRIERS TO PARTICIPATION. EAA (CONTINUED ON SCHEDULE O)IGNITES AND NURTURES INTEREST BY EMBRACING THE "SPIRIT OF AVIATION" IN ALL THAT WE DO. EAA IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL, SCIENTIFIC AND CHARITABLE PURPOSES. EAA COOPERATES WITH AND ASSISTS GOVERNMENTAL AGENCIES IN THE DEVELOPMENT OF PROGRAMS RELATING TO AVIATION ACTIVITIES, PROMOTES AND ENCOURAGES AVIATION SAFETY, PROMOTES AND ENCOURAGES GRASS ROOTS EFFORTS RELATING TO AVIATION RESEARCH AND DEVELOPMENT AND PROMOTES AND ENCOURAGES AVIATION THROUGH EDUCATION. 0 0 15238775 17000 22048026 AIRVENTURE - THE LARGEST AVIATION EVENT OF ITS KIND IS HELD EACH YEAR IN LATE JULY. AIRVENTURE EDUCATES THOSE ATTENDING ON AVIATION AND AIRCRAFT THROUGH EXHIBITS, DEMONSTRATION AIRSHOWS, EDUCATIONAL SESSIONS, AND INTERACTIVE DISPLAYS. THERE WERE APPROXIMATELY 686,000 AIRVENTURE ATTENDEES. 7115120 6426891 MEMBERSHIP AND PUBLICATIONS - "SPORT AVIATION" IS A MONTHLY PUBLICATION ISSUED TO MEMBERS WITH A VARIETY OF EDUCATIONAL INFORMATION ON AVIATION. "AIRVENTURE TODAY" IS A DAILY NEWSPAPER PRINTED EVERY DAY DURING AIRVENTURE. OTHER VARIOUS PRINTED AND DIGITAL PUBLICATIONS ARE PRODUCED ON A PERIODIC BASIS TO INFORM AND EDUCATE MEMBERS OR AIRVENTURE ATTENDEES. INCLUDES COSTS ASSOCIATED WITH PROVIDING KNOWLEDGE AND INFORMATION TO ASSIST WITH TECHNICAL QUESTIONS ON AVIATION MATTERS AND PROMOTING MEMBERSHIP IN THE ORGANIZATION. 3809341 1690405 1538189 EAA PROVIDES FLIGHT EXPERIENCES IN VINTAGE AND HISTORICAL AIRCRAFT AT LOCAL AIRPORTS TO EDUCATE THE PUBLIC ABOUT THE HISTORY AND ROLE OF AIRCRAFT OVER TIME AND INSPIRE A FUTURE GENERATION TO ENGAGE IN AVIATION. THESE AIRCRAFT SERVE AS A LIVING HISTORY THAT HOLDS A REMARKABLE CONNECTION TO THE PAST. MAKING THESE AIRCRAFT ACCESSIBLE TO THE PUBLIC INCREASES THE PUBLIC'S KNOWLEDGE ABOUT THE ROLE OF AVIATION IN COMMERCE AND SECURITY, THE ENGINEERING ADVANCES THAT PROMOTED AVIATION AND THE WAYS IN WHICH AIRCRAFT REDEFINED WORLD TRAVEL. THIS YEAR OVER 62,000 FLIGHT EXPERIENCES WERE PROVIDED AND NEARLY 8,700 AIR TOURS WERE GIVEN ON OUR AIRCRAFT THAT TOURED THE UNITED STATES. TOUR STOPS ARE HOSTED BY VOLUNTEERS WHO ARE PASSIONATE ABOUT SHARING STORIES ABOUT THE PLANES ON THE TOUR AND EDUCATING (CONTINUED ON SCHEDULE O) THE ATTENDEES ABOUT THE IMPORTANCE OF AVIATION. 15165933 330668 7984434 DESIGNATED CHAPTERS, MUSEUM ADMISSIONS, SPORT AIR WORKSHOPS, HOSTED EVENTS, AND SPECIAL INTEREST COMMUNITY SUPPORT 15165933 330668 7984434 41329169 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 X 220 0 1 1048 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 X 29 28 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 OH WI X X KELLY RUH 9204264800 3000 POBEREZNY ROAD OSHKOSH WI 54902 JACK PELTON CEO/CHAIRMAN OF THE BOARD 32.50 17.50 X X 496361 267271 59648 JAMES BUSHA VP, MEMB, MARKETING, PUBLICATIONS 50.00 0.00 X 326713 0 62426 SEAN ELLIOTT VP, ADVOCACY & SAFETY 50.00 0.00 X 249228 0 59510 KAREN KRYZANIAK VP, RISK MANAGEMENT & HR-THRU 1/24 47.50 2.50 X 237943 12523 49428 RICK LARSEN VP, COMMUNITIES & MEMB PROG 49.00 1.00 X 270654 5524 31296 BRIAN WIERZBINSKI CFO - THRU 3/23 37.50 12.50 X 235379 78460 14429 THOMAS MOULE DIRECTOR, IT 40.00 0.00 X 167732 0 41067 ROBERT HACKMAN VP GOVERNMENT AFFAIRS 40.00 0.00 X 158915 0 31752 KRISTINE PIHLGREN GENERAL COUNSEL 40.00 0.00 X 171008 0 15105 KATHARINE DIEKFUSS DIRECTOR, MARKETING OPERATIONS 40.00 0.00 X 162427 0 33440 CHRISTOPHER FARRELL DIR, SAFETY, SECURITY & HOSPITALITY 40.00 0.00 X 152643 0 33429 KELLY RUH DIR FINANCE & HR, CFO - AS OF 12/23 37.50 12.50 X 119792 39930 1888 CHARLIE PRECOURT VICE CHAIRMAN 10.00 0.00 X X 0 0 0 STUART AUERBACH TREASURER 10.00 0.00 X X 0 0 0 JIM PHILLIPS SECRETARY 10.00 0.00 X X 0 0 0 MIKE ANDERSON DIRECTOR 10.00 0.00 X 0 0 0 RICHARD BEATTIE DIRECTOR 10.00 0.00 X 0 0 0 JEREMY BEHLER DIRECTOR 10.00 0.00 X 0 0 0 JIM BOURKE DIRECTOR 10.00 0.00 X 0 0 0 JOE BROWN DIRECTOR 10.00 0.00 X 0 0 0 SHELLY DEZEVALLOS DIRECTOR 10.00 0.00 X 0 0 0 BEN DIACHUN DIRECTOR 10.00 0.00 X 0 0 0 SUSAN DUSENBURY DIRECTOR 10.00 0.00 X 0 0 0 DAVID FORSTER DIRECTOR 10.00 0.00 X 0 0 0 MIKE GOULIAN DIRECTOR 10.00 0.00 X 0 0 0 ERIC GURLEY DIRECTOR 10.00 0.00 X 0 0 0 KEITH KOCOUREK DIRECTOR 10.00 0.00 X 0 0 0 PHIL MARTINEAU DIRECTOR 10.00 0.00 X 0 0 0 DAN MAJKA DIRECTOR 10.00 0.00 X 0 0 0 KEN MCKENZIE DIRECTOR 10.00 0.00 X 0 0 0 DAVID PASAHOW DIRECTOR 10.00 0.00 X 0 0 0 JIM PFARR DIRECTOR 10.00 0.00 X 0 0 0 LACEY PITTMAN DIRECTOR 10.00 0.00 X 0 0 0 DARREN PLEASANCE DIRECTOR 10.00 0.00 X 0 0 0 PAUL SCHAFER DIRECTOR 10.00 0.00 X 0 0 0 DAN SCHWINN DIRECTOR 10.00 0.00 X 0 0 0 LOU SENO DIRECTOR 10.00 0.00 X 0 0 0 ALAN SHACKLETON DIRECTOR 10.00 0.00 X 0 0 0 MARK VAN TINE DIRECTOR 10.00 0.00 X 0 0 0 DICK VANGRUNSVEN DIRECTOR 10.00 0.00 X 0 0 0 2748795 403708 433418 23 0 1 0 REAL CONSTRUCTION 729 ST RD 26 OSHKOSH WI 54902 CONSTRUCTION SERVICES 274485 ATC PREMIER SOLUTIONS LLC 6N230 ANDRENE LN ITASCA IL 60143 AIRSHOW PLANNING & EXECUTION SERVICES 116716 2 5941311 3939440 1362835 9880751 AIRVENTURE REGISTRATION 900099 13163137 13163137 MEMBERSHIP 900099 6753374 6753374 AIRVENTURE EXHIBIT FEES 900099 4918564 4918564 COMISSIONS - FOOD & BEVERAGE 900099 1856721 1856721 0 PUBLICATION/ADVERTISING 541800 1651424 0 1651424 3483397 3483397 31826617 799801 799801 564585 564585 609932 443319 14090 0 595842 443319 1039161 441845 8790 588526 10389174 2493466 10226542 2552025 162632 -58559 104073 104073 4039344 2175583 1863761 1816820 46941 COST RECOVER-FDN/AFFLIATES/OTHERS 561000 3397097 3397097 TRADE SHOW ADVERTISING 900099 640305 0 0 640305 HOSTED EVENTS 900099 558888 474968 83920 0 138711 40193 98518 4735001 50813750 31427552 1791075 7714372 X 13499 13499 2024574 2024574 2194599 1588856 605743 12138742 3501970 8636772 554115 253422 300693 2111260 77444 2033816 1027698 371296 656402 48135 48135 140193 140193 51385 51385 5620041 4419436 1200605 317571 193574 123997 1724219 1494308 229911 946607 63373 883234 3405590 1824676 1580914 1349724 1267411 82313 21782 19840 1942 159763 159763 3023899 104550 2919349 1881207 1316190 565017 EQUIPMENT RENTAL 3310382 3097053 213329 0 PROGRAM SUPPLIES 1848513 1822655 40358 -14500 PUBLICATION PRINTING 1330051 1330051 0 0 INCOME TAXES 46084 0 46084 0 3470205 16544991 -14153680 1078894 48759838 41329169 6366275 1064394 2382600 8877861 697219 572400 1423166 1310563 1832847 1840476 68894941 36061749 31092444 32833192 20279205 19441111 1284155 1204857 30000 30000 4708178 31683349 63729814 97793809 4706706 6563260 18825507 20719736 3400000 2800000 1798927 29991637 28731140 60074633 X 33830773 36697167 1167901 1022009 34998674 37719176 63729814 97793809 2053912 674794 -8204 0 X 0 1 X 1 0 X 7526978 3951176 12053061 8926615 9880751 42338581 32659785 9177638 29497942 33515935 39476028 144327328 146100 0 0 0 0 146100 40332863 13128814 41551003 42442550 49356779 186812009 400 339619 388839 378946 1024247 2132051 602372 1001275 767420 780691 1028081 4179839 602772 1340894 1156259 1159637 2052328 6311890 180500119 2159093 1084871 976330 1528248 1965528 7714070 133049 150327 169661 119503 130794 703334 2292142 1235198 1145991 1647751 2096322 8417404 960064 236865 595601 709278 738823 3240631 43585069 14600877 43292595 44799579 52191924 198470044 0.90950 0.91180 0.04240 0.04190 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: VENDOR COMMISSIONS - 2019 AMOUNT: $ 138,561. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 22,783. 2022 AMOUNT: $ 71,118. 2023 AMOUNT: $ 98,518. DEFERRED COMP ADJUSTMENTS - 2019 AMOUNT: $ 39,166. 2020 AMOUNT: $ 213,594. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. OTHER EVENTS AND ACTIVITIES - 2019 AMOUNT: $ 782,337. 2020 AMOUNT: $ 23,271. 2021 AMOUNT: $ 4,608. 2022 AMOUNT: $ 11. 2023 AMOUNT: $ 0. TRADE SHOW ADVERTISING - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 568,210. 2022 AMOUNT: $ 638,149. 2023 AMOUNT: $ 640,305. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 236537 0 236537 0 48523302 0 48759839 0 1000000 0 250000 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 191282 197577 387048 236537 1012444 250000 250000 250000 250000 1000000 1500000 374574 X X X SCHOOL AGE EDUCATION PROGRAMS 0 38092721 809220 5013148 1193372 42721717 39991860 1256593 -1623445 1532287 38092721 38264834 765061 2285386 1323421 39991860 31088638 1754205 6615231 1193240 38264834 31104557 489360 1047970 1553249 31088638 0.34470 0.52610 0.12920 1 1 1 4109957 4109957 8523913 4638256 3885657 24153357 11198919 12954438 18179215 11601017 6578198 13928499 8623557 5304942 32833192 RIGHT-OF-USE ASSET 30023461 MUSEUM DISPLAY AIRCRAFT 374574 CONSTRUCTION IN PROGRESS 1285314 31683349 LEASE OBLIGATIONS 29991637 29991637 X 54203844 674794 585216 -8204 1251806 52952038 51385 -2189673 -2138288 50813750 51483342 585216 2189673 2774889 48708453 51385 51385 48759838 PART III, LINE 4: COLLECTIONS OF ART AND HISTORICAL TREASURES EXEMPT PURPOSE THE EAA AVIATION FOUNDATION, INC., ALONG WITH THE EAA AVIATION MUSEUM, MAINTAINS A COLLECTION OF HISTORIC AIRCRAFT, ARTIFACTS, AND ARCHIVAL MATERIALS RELATED TO THE HISTORY OF AVIATION WITH AN EMPHASIS ON RECREATIONAL AVIATION. THE COLLECTION INCLUDES APPROXIMATELY 233 AIRCRAFT, APPROXIMATELY 22,000 ARTIFACTS, 20,500 BOOKS AND PERIODICALS, 970,000 PHOTOGRAPHS AND OVER 8,800 HOURS OF FILM AND VIDEO. THE FOUNDATION LOANS THE COLLECTION TO EAA AND EAA MAKES THESE COLLECTIONS AVAILABLE TO THE GENERAL PUBLIC THROUGH ON-SITE EXHIBITS IN THE PUBLIC MUSEUM, EDUCATIONAL PROGRAMMING, A RESEARCH LIBRARY, AND WEB-BASED CONTENT THAT ATTRACTS MILLIONS OF VISITS EACH YEAR. THROUGH ITS COLLECTIONS, EAA EXPLORES AND CELEBRATES AVIATION'S PAST AND THE SPIRIT OF AVIATION TO ENCOURAGE LEARNING, DISCOVERY, AND ENGAGEMENT WITH AVIATION. PART V, LINE 4: INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS THE FILING ORGANIZATION IS A BENEFICIARY OF THE EAA FOUNDATION'S ENDOWMENT. THE INTENDED USES OF EAA FOUNDATION'S ENDOWMENT FUNDS ARE TO PROVIDE SUPPORT TO EAA FOR GENERAL OPERATIONS, SCHOLARSHIPS, INTERNSHIPS, YOUNG EAGLES PROGRAM, OTHER YOUTH EDUCATION PROGRAMS, FLIGHT SAFETY PROGRAMS, SUPPORT OF WOMEN IN AVIATION, AND AVIATION MUSEUM COLLECTIONS. THE FOUNDATION HAS ADOPTED PRUDENT INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT FUNDS, WHICH ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO SUPPORT EAA PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT FUNDS. THE FOUNDATION HAS A SPENDING POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR A PERCENTAGE OF ITS ENDOWMENT FUNDS AVERAGE FAIR VALUE OVER THE PRIOR THREE CALENDAR YEAR-ENDS PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. THE FOUNDATION HAS ADOPTED A PRUDENT SPENDING POLICY PERCENTAGE OF 4% FOR 2024 AND 2023. PART X, LINE 2: ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740-10 THE ASSOCIATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS"), DATED NOVEMBER 3, 1993, STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE IRS, DATED OCTOBER 30, 1964, STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE IRC. THE ASSOCIATION AND FOUNDATION PAY UNRELATED BUSINESS INCOME TAX ON CERTAIN OF ITS ACTIVITIES, WHICH ARE DEEMED TO BE UNRELATED TO ITS EXEMPT PURPOSE. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE, THE ASSOCIATION AND THE FOUNDATION RECOGNIZE THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE ASSOCIATION AND THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF FEBRUARY 28, 2024 AND FEBRUARY 28, 2023. THERE WERE NO MATERIAL INTEREST OR PENALTIES RELATED TO INCOME TAX THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THE YEARS ENDED FEBRUARY 29,2024 AND FEBRUARY 28, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRIOR PERIOD ADJUSTMENT -8,204. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -2,175,583. RENTAL PROPERTY EXPENSES -14,090. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,175,583. RENTAL PROPERTY EXPENSES 14,090. 1 OSHKOSH AREA COMMUNITY PANTRY INC 2551 JACKSON STREET OSHKOSH WI 54901 263714702 501(C)(3) 0 5499 COST FOOD ITEMS GENERAL SUPPORT 1 0 FLIGHT TRAINING ASSISTANCE 216 1806650 EDUCATION SCHOLARSHPS 30 217924 PART I, LINE 2: ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S. EDUCATION SCHOLARSHIPS ARE AWARDED BASED ON TIES TO THE ORGANIZATION LIKE MEMBERSHIP AND INVOLVEMENT WITH A CHAPTER, AND DONOR SPECIFIED CRITERIA INCLUDING BUT NOT LIMITED TO GEOGRAPHIC LOCATION, GENDER, FINANCIAL NEED OR SPECIFIC EDUCATION FOCUS AREA. FLIGHT TRAINING ASSISTANCE IS AWARDED BASED ON TIES TO THE ORGANIZATION LIKE MEMBERSHIP AND INVOLVEMENT WITH A CHAPTER, AND DONOR SPECIFIED CRITERIA INCLUDING BUT NOT LIMITED TO GEOGRAPHIC LOCATION, GENDER, FINANCIAL NEED OR SPECIFIC RATING/CERTIFICATE DESIRED. ALL GRANTS AND OTHER ASSISTANCE ARE AWARDED THROUGH AN INDEPENDENT SELECTION COMMITTEE. THE DONORS ARE TYPICALLY NOT INVOLVED IN THE INITIAL SELECTION PROCESS OF POTENTIAL CANDIDATES. IN SOME CASES WHERE A DONOR ASKED TO BE INVOLVED, THEY ARE SENT THE TOP 3-5 CANDIDATES FOR INPUT. THE INDEPENDENT SELECTION COMMITTEE AWARDS GRANTS OR OTHER ASSISTANCE KEEPING THE DONOR'S INPUT IN MIND. GRANTS PAID TO OTHER ORGANIZATIONS ARE AWARDED BY A CROSS-FUNCTIONAL GROUP OF EMPLOYEES WHO DETERMINE WHETHER THE RECEIVING ORGANIZATION'S ACTIVITIES ARE IN ALIGNMENT WITH THE MISSION OF EAA. X X 0 0 X X X X X 1 0 0 1 0 1 0 0 0 JACK PELTON CEO/CHAIRMAN OF THE BOARD 351648 189349 81250 43750 63463 34172 20009 10774 18762 10103 535132 288148 0 0 JAMES BUSHA VP, MEMB, MARKETING, PUBLICATIONS 272713 0 54000 0 0 0 30783 0 31643 0 389139 0 0 0 SEAN ELLIOTT VP, ADVOCACY & SAFETY 206172 0 41105 0 1951 0 24836 0 34674 0 308738 0 0 0 KAREN KRYZANIAK VP, RISK MANAGEMENT & HR-THRU 1/24 198615 10453 39328 2070 0 0 23819 1254 23137 1218 284899 14995 0 0 RICK LARSEN VP, COMMUNITIES & MEMB PROG 226563 4624 44091 900 0 0 27412 559 3258 67 301324 6150 0 0 BRIAN WIERZBINSKI CFO - THRU 3/23 47403 15801 0 0 187976 62659 0 0 10821 3608 246200 82068 0 0 THOMAS MOULE DIRECTOR, IT 162732 0 5000 0 0 0 14620 0 26447 0 208799 0 0 0 ROBERT HACKMAN VP GOVERNMENT AFFAIRS 158041 0 0 0 874 0 0 0 31752 0 190667 0 0 0 KRISTINE PIHLGREN GENERAL COUNSEL 171008 0 0 0 0 0 14236 0 869 0 186113 0 0 0 KATHARINE DIEKFUSS DIRECTOR, MARKETING OPERATIONS 160427 0 2000 0 0 0 6337 0 27103 0 195867 0 0 0 CHRISTOPHER FARRELL DIR, SAFETY, SECURITY & HOSPITALITY 150643 0 2000 0 0 0 11451 0 21978 0 186072 0 0 0 KELLY RUH DIR FINANCE & HR, CFO - AS OF 12/23 119792 39930 0 0 0 0 0 0 1416 472 121208 40402 0 0 PART I, LINE 1A TAX IDENTIFICATION AND GROSS-UP PAYMENTS THE ORGANIZATION PROVIDED JACK PELTON A GROSS-UP PAYMENT RELATED TO TRAVEL. THE AMOUNT RELATED AS TAXABLE COMPENSATION IS INCLUDED ON SCHEDULE J, PART II. SOCIAL CLUB DUES THE ORGANIZATION PROVIDES AN EAA EMPLOYEES FLYING CLUB MEMBERSHIP FOR THE FOLLOWING EMPLOYEES: JACK PELTON, SEAN ELLIOTT & ROBERT HACKMAN. THE AMOUNT TREATED AS TAXABLE COMPENSATION IS INCLUDED ON SCHEDULE J, PART II. PART I, LINE 1B SOCIAL CLUB DUES REFER TO THE PART I, LINE 1A NARRATIVE. PART I, LINE 3 COMPARABLE COMPENSATION DATA THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION TAKES INTO ACCOUNT COMPENSATION LEVELS OF COMPARABLE POSITIONS IN PEER ORGANIZATIONS. PART I, LINE 4A SEVERANCE PAYMENT AN INDIVIDUAL RECEIVED A SEVERANCE PAYMENT. THE SEVERANCE IS INCLUDED IN COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 5 COMPENSATION CONTINGENT ON REVENUES OF THE ORGANIZATION ONE OF THE CATEGORIES USED TO DETERMINE INCENTIVE COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES IS GROSS OPERATING REVENUE. PART I, LINE 6 COMPENSATION CONTINGENT ON NET EARNINGS OF THE ORGANIZATION ONE OF THE CATEGORIES USED TO DETERMINE INCENTIVE COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES IS NET OPERATING INCOME. A TOWN OF NEKIMI 396083771 NONEAVAIL 2008-07-11 10000000 AIRVENTURE GROUNDS CAP. IMP 0 0 0 A 5400000 8800000 52000 8748000 2009 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 1 ASSOCIATED BANK CORP 5.000000000000 0 1 0 0 0 A 0 X 1 89681 FMV X 1 875000 FMV X 7 93585 FMV X AIRCRAFT PARTS & COMPONENTS 14 84915 FMV X FUEL & OIL 2 58744 FMV X FURN & EQUIP 4 53835 FMV X SPORT AIR SUPPLIES 5 43183 FMV X OTHER PROGRAM SUPPLIES 17 34697 FMV X HEADSETS & ACCESSORIES 3 19597 FMV X AIRVENTURE SUPPLIES 2 7199 FMV X WELDING & ELECTRIC SUPPLIES 1 2399 FMV 0 0 1 0 FORM 990, LINE C ORGANIZATION NAME THE ORGANIZATION'S LEGAL NAME IS "EXPERIMENTAL AIRCRAFT ASSOCIATION, INC." BUT IS ALSO REFERRED TO SIMPLY AS "EAA". FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: EDUCATIONAL OFFERINGS & ACTIVITIES WHICH GUIDE NEW PARTICIPANTS & REDUCE BARRIERS TO PARTICIPATION. FORM 990, PART V, LINE 2A: NUMBER OF EMPLOYEES ON FORM W-3 THE NUMBER OF EMPLOYEES ON FORM W-3 IS THE TOTAL EMPLOYEE COUNT FOR THE FILING ORGANIZATION. WHILE EAA IS THE COMMON PAYMASTER FOR EAA FOUNDATION, THE NUMBER OF EMPLOYEES ONLY INCLUDES THE EMPLOYEE COUNT FOR EAA. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS AND THEIR RIGHTS EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. HAS NEARLY 298,000 MEMBERS. ALL MEMBERS 18 YEARS OF AGE AND OLDER ARE ALLOWED TO VOTE ON LIMITED BUSINESS DECISIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A CLASSES OF PERSONS WITH CERTAIN BOARD-ELECTION RIGHTS MEMBERS OF EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. CAN VOTE DIRECTLY FOR BOARD OF DIRECTORS CANDIDATES. FORM 990, PART VI, SECTION A, LINE 7B CLASSES OF PERSONS WITH CERTAIN APPROVAL RIGHTS DECISIONS TO MERGE OR CONSOLIDATE WITH OTHER CORPORATIONS OR BUSINESSES AND DECISIONS TO SELL, LEASE, EXCHANGE OR OTHERWISE DISPOSE OF ALL, OR SUBSTANTIALLY ALL, OF THE PROPERTY AND ASSETS OF THE ORGANIZATION WOULD REQUIRE A VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 10B: LOCAL CHAPTER, AFFILIATE, OR BRANCH ACTIVITIES POLICIES EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. HAS DESIGNATED "CHAPTERS" BUT SUCH CHAPTERS DO NO MEET THE DEFINITION OF "CHAPTERS" WITHIN THE MEANING PROVIDED BY FORM 990 INSTRUCTIONS. EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. DOES NOT HAVE LEGAL AUTHORITY TO EXERCISE SUPERVISION AND CONTROL OVER THE AFFAIRS OF THE AFFILIATED CHAPTERS. ACCORDINGLY, THE ORGANIZATION HAS ANSWERED FORM 990, PART VI, LINE 10A "NO". FORM 990, PART VI, SECTION B, LINE 11B PROCESS THE ORGANIZATION USES TO REVIEW FORM 990 THE FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM AND REVIEWED BY ORGANIZATION MANAGEMENT. THE AUDIT COMMITTEE OF THE BOARD REVIEWED A DRAFT COPY OF THE RETURN WITH MANAGEMENT AND THE INDEPENDENT TAX RETURN PREPARERS. AFTER APPROVAL BY THE AUDIT COMMITTEE, THE FORM 990 WAS UPDATED TO INCORPORATE ANY NECESSARY CHANGES AND A COPY OF THE RETURN WAS PROVIDED ELECTRONICALLY TO THE DIRECTOR OF FINANCE TO DISTRIBUTE TO THE ENTIRE BOARD OF DIRECTORS WITH A REQUEST FOR FEEDBACK. SUBSEQUENT TO RECEIPT OF FEEDBACK, NECESSARY CHANGES WERE MADE TO THE DRAFT FORM 990. THE FINALIZED VERSION OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION'S PRACTICES FOR MONITORING CONFLICTS OF INTEREST ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. INHOUSE LEGAL COUNSEL REVIEWS ALL FORMS. ANY DISCLOSURES NOTED ARE BROUGHT TO THE ATTENTION OF THE AUDIT COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT THE HR & GOVERNANCE COMMITTEE MAKES DECISIONS ABOUT THE CEO/CHAIRMAN OF THE BOARD'S TOTAL COMPENSATION IN CLOSED SESSION WITHOUT THE PRESENCE OF THE CEO/CHAIRMAN OF THE BOARD. THIS IS DONE ON AN ANNUAL BASIS AND WAS LAST DONE IN FEBRUARY 2023. AN OUTSIDE ANALYSIS IS DONE EVALUATING COMPARABLE ORGANIZATIONS AS WELL AS A MARKET ANALYSIS OF LIKE POSITIONS. THIS PROCEDURE WAS PERFORMED IN THE SECOND QUARTER OF FY2024 AND WAS IN EFFECT FOR CALENDAR YEAR 2023. FORM 990, PART VI, LINE 15B: PROCESS FOR DETERMINING COMPENSATION OF OFFICERS & KEY EMPLOYEES AN OUTSIDE MARKET ANALYSIS IS DONE FOR THE SENIOR LEADERSHIP TEAM AND PRESENTED TO THE HR & GOVERNANCE COMMITTEE. THE COMMITTEE, IN PARTNERSHIP WITH THE CHAIRMAN OF THE BOARD, DETERMINES THE TOTAL COMPENSATION FOR THE SENIOR TEAM. THIS PROCEDURE WAS PERFORMED IN THE SECOND QUARTER OF FY2024 AND WAS IN EFFECT FOR CALENDAR YEAR 2023. CHANGES TO THE OVERALL COMPENSATION OF THE SENIOR TEAM HAS BEEN MINIMAL SINCE THE LAST REVIEW. AN INTERNAL COMPARABLE MARKET ANALYSIS IS DONE FOR ALL OTHER POSITIONS AND IS TYPICALLY DONE EVERY COUPLE OF YEARS UNLESS MARKET CONDITIONS SHIFT. THIS PROCEDURE WAS PERFORMED IN THE SECOND QUARTER OF FY2024 AND WAS IN EFFECT FOR CALENDAR YEAR 2023. FORM 990, PART VI, SECTION C, LINE 18 ORGANIZATION'S POLICY REGARDING MAKING CERTAIN DOCUMENTS PUBLIC THE 2024 FISCAL YEAR FORM 990 WILL BE POSTED TO THE ORGANIZATION'S WEBSITE, WWW.EAA.ORG, UPON THE FILING OF THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION'S POLICY REGARDING MAKING CERTAIN DOCUMENTS PUBLIC THE ANNUAL AUDITED FINANCIAL STATEMENT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.EAA.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST, EITHER IN HARD COPY OR ELECTRONIC FORM, WHICHEVER IS REQUESTED. FORM 990, PART IX, LINE 11G AIREVNTURE SERVICES : PROGRAM SERVICE EXPENSES 1,086,831. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,086,831. FACILITY SERVICES: PROGRAM SERVICE EXPENSES 633,805. MANAGEMENT AND GENERAL EXPENSES 328,849. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 962,654. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 610,480. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 610,480. MEMBERSHIP MARKETING: PROGRAM SERVICE EXPENSES 308,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 308,631. CATERING: PROGRAM SERVICE EXPENSES 528,834. MANAGEMENT AND GENERAL EXPENSES 9,560. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 538,394. OTHER SERVICES: PROGRAM SERVICE EXPENSES 233,478. MANAGEMENT AND GENERAL EXPENSES 168,541. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 402,019. FLIGHT DEMONSTARTIONS: PROGRAM SERVICE EXPENSES 616,589. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 616,589. SECURITY & PROTECTION SERVICES: PROGRAM SERVICE EXPENSES 478,010. MANAGEMENT AND GENERAL EXPENSES 83,175. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 561,185. EVENT TICKETING SERVICES: PROGRAM SERVICE EXPENSES 365,940. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 365,940. PUBLICATION CONTRACTORS: PROGRAM SERVICE EXPENSES 167,318. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,318. 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