Totals
- Total revenue
- $3,969,120
- Total expenses
- $4,697,254
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $3,811,070
- Investment income
- $107,793
- Other revenue
- $50,257
- Total assets, end of year
- $14,163,079
- Total liabilities, end of year
- $10,161,691
- Net assets or fund balances, end of year
- $4,001,388
- Program services expenses (Part IX)
- $2,237,945
- Management and general expenses
- $2,459,309
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,237,945
Program services were 47.6% 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $2,339,860 · related or exempt $2,339,860
-
2b · Program service revenue: PUBLICATIONS
total $800,334 · related or exempt $800,334
-
2c · Program service revenue: TRAINING INCOME
total $648,376 · related or exempt $648,376
-
2d · Program service revenue: SYMPOSIUM
total $22,500 · related or exempt $22,500
-
3 · Investment income
total $187,525 · excluded $187,525
-
6a · Gross rents
real property $49,664
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $49,664
-
6d · Net rental income or loss
total $49,664 · excluded $49,664
-
7a · Gross sales of assets other than inventory
securities $1,226,471
-
7b · Less cost or other basis and sales expenses
securities $1,306,203
-
7c · Gain or loss
securities -$79,732
-
7d · Net gain or loss
total -$79,732 · excluded -$79,732
-
11d · All other revenue
total $593 · related or exempt $593
-
11e · Other revenue, total
$593
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,042,142 · program services $436,032 · management and general $606,110
-
7 · Other salaries and wages
total $885,874 · program services $370,650 · management and general $515,224
-
8 · Pension plan contributions
total $42,431 · program services $17,753 · management and general $24,678
-
9 · Other employee benefits
total $99,279 · program services $41,538 · management and general $57,741
-
10 · Payroll taxes
total $109,153 · program services $45,670 · management and general $63,483
-
11b · Fees: legal
total $750 · management and general $750
-
11c · Fees: accounting
total $116,008 · management and general $116,008
-
11f · Fees: investment management
total $33,947 · management and general $33,947
-
11g · Fees: other
total $598,946 · program services $509,857 · management and general $89,089
-
13 · Office expenses
total $112,505 · program services $67,924 · management and general $44,581
-
14 · Information technology
total $55,517 · program services $24,887 · management and general $30,630
-
16 · Occupancy
total $1,108,131 · program services $496,755 · management and general $611,376
-
17 · Travel
total $116,002 · program services $65,447 · management and general $50,555
-
19 · Conferences, conventions and meetings
total $25,381 · management and general $25,381
-
22 · Depreciation, depletion and amortization
total $151,912 · program services $68,099 · management and general $83,813
-
23 · Insurance
total $15,040 · program services $6,742 · management and general $8,298
-
24a · Other expenses: SOFTWARE AS A SERVICE
total $144,170 · program services $64,629 · management and general $79,541
-
24b · Other expenses: PAYROLL EXPENSES
total $21,073 · program services $8,889 · management and general $12,184
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $10,207 · program services $4,576 · management and general $5,631
-
24d · Other expenses: JACKSON AWARD
total $8,072 · program services $8,072
-
24e · All other expenses
total $714 · program services $425 · management and general $289
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $503,083 · end of year $664,651
-
2 · Savings and temporary cash investments
beginning of year $393,060 · end of year $239,813
-
4 · Accounts receivable
beginning of year $150,403 · end of year $200,061
-
9 · Prepaid expenses and deferred charges
beginning of year $143,678 · end of year $67,493
-
10a · Land, buildings and equipment: cost or other basis
$2,345,461
-
10b · Land, buildings and equipment: accumulated depreciation
$1,627,173
-
10c · Land, buildings and equipment, net
beginning of year $828,352 · end of year $718,288
-
11 · Investments: publicly traded securities
beginning of year $4,998,247 · end of year $4,645,185
-
15 · Other assets
beginning of year $8,569,684 · end of year $7,627,588
-
17 · Accounts payable and accrued expenses
beginning of year $183,209 · end of year $249,220
-
19 · Deferred revenue
beginning of year $1,446,093 · end of year $1,424,710
-
25 · Other liabilities
beginning of year $9,454,894 · end of year $8,487,761
-
27 · Net assets without donor restrictions
beginning of year $3,120,441 · end of year $2,541,085
-
28 · Net assets with donor restrictions
beginning of year $1,381,870 · end of year $1,460,303
Mission and programs · 2023
Mission
RTCA, INC. IS A NOT-FOR-PROFIT CORPORATION THAT INSPIRES THE CREATION AND IMPLEMENTATION OF INTEGRATED PERFORMANCE STANDARDS THAT MEET THE CHANGING GLOBAL AVIATION ENVIRONMENT AND ENSURE THE SAFETY, SECURITY, AND OVERALL HEALTH OF THE AVIATION ECOSYSTEM.
-
COMMITTEES AND TASK FORCES - RTCA SPECIAL COMMITTEES AND TASK FORCES ARE FORMED GENERALLY IN RESPONSE TO A REQUEST FROM THE GOVERNMENT TO ADDRESS AVIATION ISSUES AND TO DEVELOP CONSENSUS-BASED RECOMMENDATIONS FOR THE GOVERNMENT. THESE GROUPS ARE STAFFED BY VOLUNTEERS DRAWN FROM ALL SEGMENTS OF THE AVIATION COMMUNITY.
Expenses $1,000,107
-
TRAINING SEMINARS ARE ACTIVITIES AIMED TO IMPART KNOWLEDGE AND INFORMATION RELATED TO RTCA'S PRODUCTS IN RESPONSE TO THE CONTINUING QUERIES FROM MEMBERS AND OTHER AVIATION-ORIENTED ORGANIZATIONS. THE 2023 PROGRAM PROVIDED TRAINING ON THE APPLICATION OF DO-178C, DO-254, DO-160G, DO-392 AIRWORTHINESS, AND HUMAN FACTORS.
Expenses $594,251 · Revenue $648,969
-
MEMBERSHIP SERVICES - RTCA'S MEMBERSHIP ELECTS THE RTCA BOARD OF DIRECTORS AND RTCA ADVISORY BOARD, WHO IN TURN HELP SELECT THOSE ISSUES ON WHICH RTCA WILL FOCUS COMMUNITY RESOURCES, AND HELPS SHAPE THE RESULTING RECOMMENDATIONS.
Expenses $388,569 · Revenue $2,339,860
-
WEBINAR SERIES/SYMPOSIUM - RTCA WEBINAR SERIES FEATURES TALKS AND INTERVIEWS WITH THOUGHT LEADERS, PANEL DISCUSSIONS WITH SUBJECT MATTER EXPERTS, COMMITTEE AWARDS AND SHORT TECH TALKS ON TRANSFORMATIONAL TOPICS. PAST TOPICS HAVE INCLUDED SPECTRUM/5G, HUMAN FACTORS, CYBERSECURITY, UAS/UAM/AAM, AIRPORT INFRASTRUCTURE, COMMERCIAL SPACE AND MORE.
Expenses $93,943 · Revenue $22,500
-
PUBLICATIONS - RTCA'S RECOMMENDATIONS, PUBLISHED AS RTCA DOCUMENTS, ARE OFTEN USED AS A BASIS FOR GOVERNMENT DECISIONS, BOTH DOMESTIC AND INTERNATIONAL, AND SERVE AS AN IMPORTANT CONSIDERATION IN PRIVATE-SECTOR BUSINESS DECISIONS. FREQUENTLY, THEY ARE THE FOUNDATION FOR, OR ARE QUOTED IN, FAA TECHNICAL STANDARD ORDERS. THE RTCA DIGEST IS A BI-MONTHLY PUBLICATION FEATURING THE HIGHLIGHTS OF RTCA ACTIVITIES, A CALENDAR OF UPCOMING MEETINGS, AND OTHER ITEMS OF COMMON INTEREST. ALL OF THESE PUBLICATIONS ARE AVAILABLE TO MEMBERS, AND TO THE GENERAL PUBLIC, AT NO COST.
Expenses $161,075 · Revenue $800,334
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Terry McVenesTERRY MCVENES
PRESIDENT & CEO-FORMER
- Total calculated
- $601,207
- From this org
- $538,380
- From related orgs
- $0
- Other
- $62,827
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $430,175
- Bonus
- $108,205
- Other
- $0
- Deferred
- $26,132
- Nontaxable benefits
- $36,695
- Filer's total
- $601,207
-
Lorne CassLORNE CASS
CHAIRMAN, BOARD OF DIRECTO
- Total calculated
- $0
- Hours/week
- 2
-
Kerry BuckleyKERRY BUCKLEY
MEMBER, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 2
-
Robert IrelandROBERT IRELAND
TREASURER, BOARD OF DIRECT
- Total calculated
- $0
- Hours/week
- 2
-
Vipul GuptaVIPUL GUPTA
MEMBER, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 2
-
Chris RocheleauCHRIS ROCHELEAU
MEMBER, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 2
-
Tracy LambTRACY LAMB
MEMBER, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 2
-
Lisa SteffenLISA STEFFEN
MEMBER, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 2
-
Tim MurphyTIM MURPHY
MEMBER, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 2
-
Carol HuegelCAROL HUEGEL
PRESIDENT & CEO
- Total calculated
- $87,450
- From this org
- $82,500
- From related orgs
- $0
- Other
- $4,950
- Hours/week
- 40
-
Brett EasthamBRETT EASTHAM
CHIEF OPERATING OFFICER
- Total calculated
- $353,485
- From this org
- $314,111
- From related orgs
- $0
- Other
- $39,374
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $272,731
- Bonus
- $41,380
- Other
- $0
- Deferred
- $16,500
- Nontaxable benefits
- $22,874
- Filer's total
- $353,485
-
Rebecca MorrisonREBECCA MORRISON
SR DIR, AVIATION STANDARDS
- Total calculated
- $204,724
- From this org
- $190,800
- From related orgs
- $0
- Other
- $13,924
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,000
- Bonus
- $10,800
- Other
- $0
- Deferred
- $11,448
- Nontaxable benefits
- $2,476
- Filer's total
- $204,724
-
Karan HofmannKARAN HOFMANN
PROGRAM DIRECTOR
- Total calculated
- $184,376
- From this org
- $140,720
- From related orgs
- $0
- Other
- $43,656
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,620
- Bonus
- $4,100
- Other
- $0
- Deferred
- $8,197
- Nontaxable benefits
- $35,459
- Filer's total
- $184,376
-
Andrea BerryANDREA BERRY
SEN DIR, INDUSTRY RELATION
- Total calculated
- $180,386
- From this org
- $162,000
- From related orgs
- $0
- Other
- $18,386
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $12,000
- Other
- $0
- Deferred
- $9,720
- Nontaxable benefits
- $8,666
- Filer's total
- $180,386
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. 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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE ORGANIZATION AWARDS ANNUAL BONUSES BASED ON EMPLOYEE PERFORMANCE.
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432959349302103
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.