Form 990 for tax year 2024
Filed by AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES FOUNDATION INC.
Totals
- Total revenue
- $1,006,699
- Total expenses
- $652,343
- Contributions and grants received
- $720,263
- Grants paid
- $556,196
- Program service revenue
- $0
- Investment income
- $286,436
- Other revenue
- $0
- Total assets, end of year
- $9,972,103
- Total liabilities, end of year
- $46,515
- Net assets or fund balances, end of year
- $9,925,588
- Program services expenses (Part IX)
- $652,343
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $652,343
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$221,481
-
1f · All other contributions, gifts and grants
$498,782
-
3 · Investment income
total $286,436 · excluded $286,436
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $556,196 · program services $556,196
-
11c · Fees: accounting
total $4,042 · program services $4,042
-
11g · Fees: other
total $13,216 · program services $13,216
-
13 · Office expenses
total $273 · program services $273
-
17 · Travel
total $142 · program services $142
-
19 · Conferences, conventions and meetings
total $73,661 · program services $73,661
-
24a · Other expenses: BAD DEBTS
total $2,350 · program services $2,350
-
24b · Other expenses: SUBSCRIPTIONS
total $1,122 · program services $1,122
-
24c · Other expenses: AWARDS
total $1,016 · program services $1,016
-
24d · Other expenses: MISCELLANEOUS
total $325 · program services $325
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,940,715 · end of year $148,837
-
2 · Savings and temporary cash investments
beginning of year $2,065,296 · end of year $1,591,078
-
4 · Accounts receivable
beginning of year $117,441 · end of year $96,322
-
11 · Investments: publicly traded securities
beginning of year $4,491,868 · end of year $7,889,013
-
15 · Other assets
end of year $246,853
-
17 · Accounts payable and accrued expenses
beginning of year $20,578 · end of year $44,675
-
25 · Other liabilities
beginning of year $706,698 · end of year $1,840
-
27 · Net assets without donor restrictions
beginning of year $4,331,480 · end of year $5,880,810
-
28 · Net assets with donor restrictions
beginning of year $3,556,564 · end of year $4,044,778
Mission and programs · 2024
Mission
THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE EDUCATION AND PROFESSIONALISM OF AIRPORT MANAGERS. THE FOUNDATION GRANTS SCHOLARSHIPS TO AAAE MEMBERS AND THEIR DEPENDENTS.
Activities or mission (Part I)
THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE EDUCATION AND PROFESSIONALISM OF AIRPORT MANAGERS.
-
THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE EDUCATION AND PROFESSIONALISM OF AIRPORT MANAGERS. THE FOUNDATION GRANTS SCHOLARSHIPS TO AAAE MEMBERS AND DEPENDENTS, AVIATION STUDENTS, NATIVE AMERICANS, AND STUDENTS SPONSORED BY AAAE. THE FOUNDATION GRANTS SCHOLARSHIPS TO AAAE ACCREDITED MEMBERS AND THEIR DEPENDENTS. SINCE 1989, THE AAAE FOUNDATION HAS ISSUED APPROXIMATELY OVER 3,550 SCHOLARSHIP CHECKS TOTALING APPROXIMATELY 6.8 MILLION, MAKING THE ORGANIZATION ONE OF THE LARGEST SUPPORTERS OF HIGHER EDUCATION ASSISTANCE IN THE ENTIRE AVIATION INDUSTRY. IN 2024, THE AAAE FOUNDATION AWARDED 143 SCHOLARSHIP AWARDS TOTALING 556,196.
Expenses $652,343 · Grants $556,196
As filed on the 2024 return.
Listed in Part VII
-
Rick Crider AaeRICK CRIDER AAE
CHAIR
- Total calculated
- $0
- Hours/week
- 10 + 5 related
-
Rebecca Hupp AaeREBECCA HUPP AAE
FIRST VICE C
- Total calculated
- $0
- Hours/week
- 10 + 5 related
-
Marshal Stevens AaeMARSHAL STEVENS AAE
SECOND VICE
- Total calculated
- $0
- Hours/week
- 8 + 7 related
-
Patrick Wilson Aae AcePATRICK WILSON AAE ACE
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 8 + 7 related
-
Perry Miller Aae IapPERRY MILLER AAE IAP
FIRST PAST C
- Total calculated
- $0
- Hours/week
- 8 + 7 related
-
Mark Gale AaeMARK GALE AAE
SECOND PAST
- Total calculated
- $0
- Hours/week
- 8 + 7 related
-
Harry Barrett Jr AaeHARRY BARRETT JR AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Devon Brubaker AaeDEVON BRUBAKER AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Kevin Bumen Aae CaeKEVIN BUMEN AAE CAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Melissa W Cooper AaeMELISSA W COOPER AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Travis Crilly AaeTRAVIS CRILLY AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Mark Crosby AaeMARK CROSBY AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Shawn Dobberstein AaeSHAWN DOBBERSTEIN AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Ed Foster Aae Iace MBAED FOSTER AAE IACE MBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Chris GreeneCHRIS GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Daren Griffin AaeDAREN GRIFFIN AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Jane Lucero Aae AicpJANE LUCERO AAE AICP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Chad Makovsky Aae IaceCHAD MAKOVSKY AAE IACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Andrew Martz AaeANDREW MARTZ AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Tyler Miller Aae AceTYLER MILLER AAE ACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Melinda Montgomery AaeMELINDA MONTGOMERY AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Steven Picou Aae AceSTEVEN PICOU AAE ACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Lenard Robinson AaeLENARD ROBINSON AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Atif Saeed Aae IapATIF SAEED AAE IAP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Marc Sethna AaeMARC SETHNA AAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Mark Witsoe Aae CaeMARK WITSOE AAE CAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5 + 7 related
-
Todd HauptliTODD HAUPTLI
PRESIDENT AN
- Total calculated
- $0
- Hours/week
- 1 + 39 related
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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
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.
-
AMER ASSOC OF AIRPORT EXECS INC
C6 · TRADE ASSO · IL
-
AIRPORT RESEARCH AND DEVEL FOUND
C3 · EDUCAT · VA
Directly controlled by AAAE
-
C3 · RELIEF · VA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES SERVICES CORP INC
C CORP · MAGAZINE · VA
Directly controlled by AAAE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543179349302829
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