2025-12-23T07:19:24-06:00 2025-02-28 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2024-03-01 390917537 EXPERIMENTAL AIRCRAFT ASSOCIATION INC EXPE 9204264800 3000 POBEREZNY ROAD OSHKOSH WI 54902 KELLY RUH CFO 9204264800 2025-12-19 1 1 BRIDGET ROCHE P00666837 3128560200 2025-12-18 2024 2025-03-06 01:10:19Z KELLY RUH 3000 POBEREZNY ROAD OSHKOSH WI 54902 61851684 0 X WWW.EAA.ORG X 1955 WI DEDICATION TO GROWING AVIATION THROUGH PARTICIPATION & EDUCATION. DELIVER (CONTINUED ON SCHEDULE O) 26 25 1170 6000 1880493 185352 9880751 9994198 31826617 33481285 903874 1149193 8202508 9236862 50813750 53861538 2038073 2072997 0 0 18026414 18460046 0 0 559235 28695351 28507704 48759838 49040747 2053912 4820791 97793809 91798106 60074633 48496523 37719176 43301583 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 16076252 15500 23974031 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. 6890507 7142305 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. 1091775 1707097 1115079 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 59,000 FLIGHT EXPERIENCES WERE PROVIDED AND NEARLY 8,500 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. 18911745 350400 8882693 DESIGNATED CHAPTERS, MUSEUM ADMISSIONS, SPORT AIR WORKSHOPS, HOSTED EVENTS, AND SPECIAL INTEREST COMMUNITY SUPPORT. 18911745 350400 8882693 42970279 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 213 0 1 1170 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 X 26 25 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 511737 275551 63804 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 - THRU 10/24 10.00 0.00 X 0 0 0 DAN MAJKA DIRECTOR 10.00 0.00 X 0 0 0 KEN MCKENZIE DIRECTOR - THRU 04/24 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 - THRU 12/24 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 KELLY RUH DIR FINANCE & HR, CFO 37.50 12.50 X 202057 67352 27007 JAMES BUSHA VP, MEMB, MARKETING, PUBLICATIONS 50.00 0.00 X 345139 0 66891 SEAN ELLIOTT VP, ADVOCACY & SAFETY 50.00 0.00 X 257070 0 61401 RICK LARSEN VP, COMMUNITIES & MEMB PROG 49.00 1.00 X 281530 5746 31691 THOMAS MOULE DIRECTOR, IT 40.00 0.00 X 166878 0 41908 ROBERT HACKMAN VP GOVERNMENT AFFAIRS 40.00 0.00 X 163510 0 46571 KRISTINE PIHLGREN GENERAL COUNSEL 40.00 0.00 X 194869 0 16333 JEREMY DESRUISSEAUX DIR OF FLIGHT PROFICIENCY PROG 40.00 0.00 X 141936 0 44501 CHRISTOPHER FARRELL DIR, SAFETY, SECURITY & HOSPITALITY 40.00 0.00 X 157474 0 45312 2422200 348649 445419 24 0 1 0 QUAD GRAPHICS N61 W23044 HARRYS WAY SUSSEX WI 53089 PRINTING & MAILING 1858977 JANI-KING OF GREEN BAY 340 N BROADWAY STE 342 GREEN BAY WI 54303 JANITORIAL 433873 TEUTEBERG INC 12200 W WIRTH ST WAUWATOSA WI 53222 MEMBERSHIP RENEWAL SOLICITATIONS 378659 REAL CONSTRUCTION 729 ST RD 26 OSHKOSH WI 54902 BUILDING & MAINTENANCE 229632 KOBUSSEN TRAILWAYS PO BOX 858 KAUKAUNA WI 54130 TRANSPORTATION 206617 17 6928078 3066120 480190 9994198 AIRVENTURE REGISTRATION 900099 14402616 14402616 MEMBERSHIP 900099 6910906 6910906 AIRVENTURE EXHIBIT FEES 900099 5197366 5197366 COMISSIONS - FOOD & BEVERAGE 900099 2100524 2100524 PUBLICATION/ADVERTISING 541800 1717698 1717698 3152175 3152175 33481285 1181588 1181588 526571 526571 631574 581630 0 0 631574 581630 1213204 590368 12654 610182 5437204 97705 5468092 99212 -30888 -1507 -32395 -32395 4747474 2422842 2324632 2289505 35127 COST RECOVER-FDN/AFFLIATES/OTHERS 561000 3624588 3624588 HOSTED EVENTS 900099 669912 554898 115014 TRADE SHOW ADVERTISING 900099 666194 666194 211761 65571 146190 5172455 53861538 33691151 1880493 8295696 X 17371 17371 2055626 2055626 1807266 1391559 415707 12871456 5354451 7517005 600644 295278 305366 2104919 89014 2015905 1075761 448552 627209 94383 94383 145375 145375 49870 49870 6498432 5125691 1372741 213172 147909 65263 1815276 1641562 173714 867368 33021 834347 3408425 2036527 1371898 1190713 1099705 91008 22405 17085 5320 120452 120452 2346423 133814 2212609 1973075 1441613 531462 EQUIPMENT RENTAL 3471345 3242198 229147 0 PROGRAM SUPPLIES 1493217 1500497 28957 -36237 REPAIRS AND MAINTENANCE 1177559 832056 345503 0 INCOME TAXES 50581 0 50581 0 3569633 16066750 -13092589 595472 49040747 42970279 5511233 559235 8877861 10271653 572400 494922 1310563 1512694 1840476 1709000 72723758 38297734 32833192 34426024 19441111 21022612 1204857 1196517 30000 30000 31683349 21134684 97793809 91798106 6563260 4202159 20719736 21772612 2800000 2200000 29991637 20321752 60074633 48496523 X 36697167 42389401 1022009 912182 37719176 43301583 97793809 91798106 4820791 761616 0 X 0 1 X 1 0 X 3951176 12053061 8926615 9880751 9994198 44805801 9177638 29497942 33515935 39476028 41230790 152898333 13128814 41551003 42442550 49356779 51224988 197704134 339619 388839 378946 1024247 615215 2746866 1001275 767420 780691 1028081 1113213 4690680 1340894 1156259 1159637 2052328 1728428 7437546 190266588 1084871 976330 1528248 1965528 2339733 7894710 150327 169661 119503 130794 185352 755637 1235198 1145991 1647751 2096322 2525085 8650347 236865 595601 709278 738823 812385 3092952 14600877 43292595 44799579 52191924 54562458 209447433 0.90840 0.90950 0.04130 0.04240 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: VENDOR COMMISSIONS - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 22,783. 2022 AMOUNT: $ 71,118. 2023 AMOUNT: $ 98,518. 2024 AMOUNT: $ 146,190. DEFERRED COMP ADJUSTMENTS - 2020 AMOUNT: $ 213,594. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. OTHER EVENTS AND ACTIVITIES - 2020 AMOUNT: $ 23,271. 2021 AMOUNT: $ 4,608. 2022 AMOUNT: $ 11. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. TRADE SHOW ADVERTISING - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 568,210. 2022 AMOUNT: $ 638,149. 2023 AMOUNT: $ 640,305. 2024 AMOUNT: $ 666,195. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 245440 0 245440 0 48795306 0 49040746 0 1000000 0 250000 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 197577 387048 236537 245440 1066602 250000 250000 250000 250000 1000000 1500000 374574 X X X SCHOOL AGE EDUCATION PROGRAMS 0 42721717 2056781 3961884 1379923 47360459 38092721 809220 5013148 1193372 42721717 39991860 1256593 -1623445 1532287 38092721 38264834 765061 2285386 1323421 39991860 31088638 1754205 6615231 1193240 38264834 0.34080 0.50760 0.15160 1 1 1 4109957 4109957 8601453 4827486 3773967 24867295 11870279 12997016 19025626 16471534 2554092 16119427 5128435 10990992 34426024 RIGHT-OF-USE ASSET 20182663 CONSTRUCTION IN PROGRESS 577447 MUSEUM DISPLAY AIRCRAFT 374574 21134684 LEASE OBLIGATIONS 20321752 20321752 X 57777842 761616 781717 1543333 56234509 49870 -2422842 -2372972 53861537 52195435 781717 2422842 3204559 48990876 49870 49870 49040746 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 240 AIRCRAFT, APPROXIMATELY 22,400 ARTIFACTS, 20,750 BOOKS AND PERIODICALS, 1,069,000 PHOTOGRAPHS AND OVER 9,100 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 2025 AND 2024. 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, 2025 AND FEBRUARY 29, 2024. 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 28, 2025 AND FEBRUARY 29, 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -2,422,842. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,422,842. 1 FATHER CARR'S PLACE 2B 1062 N KOELLER ST OSHKOSH WI 54902 391334342 501(C)(3) 0 8570 FOOD AND SHELTER GENERAL SUPPORT OSHKOSH AREA COMMUNITY PANTRY INC 2551 JACKSON STREET OSHKOSH WI 54901 263714702 501(C)(3) 0 7801 FOOD ITEMS GENERAL SUPPORT 2 0 FLIGHT TRAINING ASSISTANCE 237 1792347 0 EDUCATION SCHOLARSHPS 43 263279 0 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, 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, 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 0 0 0 1 0 1 0 0 0 JACK PELTON CEO/CHAIRMAN OF THE BOARD 365829 196985 81250 43750 64658 34816 21607 11634 19866 10697 553210 297882 0 0 JAMES BUSHA VP, MEMB, MARKETING, PUBLICATIONS 288979 0 56160 0 0 0 33241 0 33650 0 412030 0 0 0 RICK LARSEN VP, COMMUNITIES & MEMB PROG 235675 4810 45855 936 0 0 26967 550 4090 84 312587 6380 0 0 SEAN ELLIOTT VP, ADVOCACY & SAFETY 212834 0 42749 0 1487 0 24218 0 37183 0 318471 0 0 0 KELLY RUH DIR FINANCE & HR, CFO 186602 62201 15000 5000 455 151 17420 5807 2835 945 222312 74104 0 0 KRISTINE PIHLGREN GENERAL COUNSEL 194869 0 0 0 0 0 15218 0 1115 0 211202 0 0 0 ROBERT HACKMAN VP GOVERNMENT AFFAIRS 162766 0 0 0 744 0 12346 0 34225 0 210081 0 0 0 THOMAS MOULE DIRECTOR, IT 166878 0 0 0 0 0 13083 0 28825 0 208786 0 0 0 CHRISTOPHER FARRELL DIR, SAFETY, SECURITY & HOSPITALITY 157474 0 0 0 0 0 21575 0 23737 0 202786 0 0 0 JEREMY DESRUISSEAUX DIR OF FLIGHT PROFICIENCY PROG 141936 0 0 0 0 0 10593 0 33908 0 186437 0 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, KELLY RUH, AND 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 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 1200 FMV X 1 74900 FMV X 12 144250 FMV X FLIGHT STIMULATOR 2 98925 FMV X AIRCRAFT PARTS & COMPONENTS 17 52917 FMV X SPORT AIR SUPPLIES 9 41401 FMV X OTHER PROGRAM SUPPLIES 18 23282 FMV X HEADSETS & ACCESSORIES 4 21994 FMV X FURN & EQUIP 2 11040 FMV X FUEL & OIL 8 7278 FMV X WELDING & ELECTRIC SUPPLIES 1 2499 FMV X AIRVENTURE SUPPLIES 1 504 FMV 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 321,000 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 MAY 2024. 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 2024. 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 FY2025 AND WAS IN EFFECT FOR CALENDAR YEAR 2024. 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 2024. FORM 990, PART VI, SECTION C, LINE 18 ORGANIZATION'S POLICY REGARDING MAKING CERTAIN DOCUMENTS PUBLIC THE 2025 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 AIRVENTURE EVENT SERVICES: PROGRAM SERVICE EXPENSES 1,079,956. TOTAL EXPENSES 1,079,956. FACILITY SERVICES: PROGRAM SERVICE EXPENSES 659,504. MANAGEMENT AND GENERAL EXPENSES 348,772. TOTAL EXPENSES 1,008,276. CONTRACTED SERVICES: MANAGEMENT AND GENERAL EXPENSES 696,598. TOTAL EXPENSES 696,598. MEMBERSHIP MARKETING: PROGRAM SERVICE EXPENSES 431,133. TOTAL EXPENSES 431,133. CATERING: PROGRAM SERVICE EXPENSES 809,840. MANAGEMENT AND GENERAL EXPENSES 13,784. TOTAL EXPENSES 823,624. OTHER SERVICES: PROGRAM SERVICE EXPENSES 331,683. MANAGEMENT AND GENERAL EXPENSES 251,798. TOTAL EXPENSES 583,481. FLIGHT DEMONSTRATIONS: PROGRAM SERVICE EXPENSES 719,718. TOTAL EXPENSES 719,718. SECURITY & PROTECTION SERVICES: PROGRAM SERVICE EXPENSES 513,987. MANAGEMENT AND GENERAL EXPENSES 61,789. TOTAL EXPENSES 575,776. EVENT TICKETING SERVICES: PROGRAM SERVICE EXPENSES 413,854. TOTAL EXPENSES 413,854. PUBLICATION CONTRACTORS: PROGRAM SERVICE EXPENSES 166,016. TOTAL EXPENSES 166,016. EAA IMC LLC 3000 POBEREZNY ROAD OSHKOSH WI 54902 LICENSING WI 0 0 EAA EAA STC LLC 3000 POBEREZNY ROAD OSHKOSH WI 54902 STC ISSUANCE WI 0 51087 EAA BLUE SKY PROPERTY HOLDINGS LLC 3000 POBEREZNY ROAD OSHKOSH WI 54902 PROPERTY WI 0 1577359 EAA EAA AVIATION FOUNDATION INC 3000 POBEREZNY ROAD OSHKOSH WI 54902 391033301 SUPPORT EAA WI 501(C)(3) LINE 7 EAA 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 EAA AVIATION FOUNDATION INC C 6928078 FMV EAA AVIATION FOUNDATION INC K 1553000 FMV EAA AVIATION FOUNDATION INC L 1570000 FMV EAA AVIATION FOUNDATION INC Q 88838 FMV