Form 990 for tax year 2024
Filed by AIR FORCE ACADEMY REAL ESTATE TRUST.
Totals
- Total revenue
- $0
- Total expenses
- $366,931
- Contributions and grants received
- $0
- Grants paid
- $359,731
- Program services expenses (Part IX)
- $359,731
- Management and general expenses
- $7,200
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $359,731
Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Mark D Hille
Chief Executive Officer
- Total calculated
- $190,474
- From this org
- $0
- From related orgs
- $167,372
- Other
- $23,102
- Hours/week
- 1 + 20 related
Schedule J breakdown matched by us
- Base
- not reported + $147,589 related
- Bonus
- not reported + $19,783 related
- Other
- not reported
- Deferred
- not reported + $9,083 related
- Nontaxable benefits
- not reported + $14,019 related
- Filer's total
- not reported + $190,474 related
-
Katie Willemarck
Chief Financial Officer
- Total calculated
- $142,319
- From this org
- $0
- From related orgs
- $126,765
- Other
- $15,554
- Hours/week
- 1 + 20 related
-
Evan Dadosky
Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin O'Neil
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jack Kucera
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mike Gismondi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alexander P Gilbert
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Aaron Doss
director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- schedule j, PART I, line 3
- Compensation is determined by the Supported Organization using a Compensation Committee, Form 990 of other Organizations, Written employment contract, and Approval by the board or compensation committee.
- schedule j, PART I, line 7 - NON-FIXED PAYMENTS
- BONUSES PAID TO ALL QUALIFYING EMPLOYEES OF THE RELATED ORGANIZATION, SUBJECT TO APPROVAL BY COMPENSATION AND EXECUTIVE COMMITTEES OF THE RELATED ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$359,731
See Part IV
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · See Part VII · CO
Directly controlled by None
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501349349307365
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