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Nonprofiteer
← EXPERIMENTAL AIRCRAFT ASSOCIATION INC

Form 990 for tax year 2023

Filed by EXPERIMENTAL AIRCRAFT ASSOCIATION INC.

Totals

Total revenue
$50,813,750
Total expenses
$48,759,838
Contributions and grants received
$9,880,751
Grants paid
$2,038,073
Program service revenue
$31,826,617
Investment income
$903,874
Other revenue
$8,202,508
Total assets, end of year
$97,793,809
Total liabilities, end of year
$60,074,633
Net assets or fund balances, end of year
$37,719,176
Program services expenses (Part IX)
$41,329,169
Management and general expenses
$6,366,275
Fundraising expenses
$1,064,394
Program service expenses (Part III)
$41,329,169

Program services were 84.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JACK PELTON

    CEO/CHAIRMAN OF THE BOARD

    Total calculated
    $823,280
    From this org
    $496,361
    From related orgs
    $267,271
    Other
    $59,648
    Hours/week
    32.5 + 17.5 related

    Schedule J breakdown matched by us

    Base
    $351,648 + $189,349 related
    Bonus
    $81,250 + $43,750 related
    Other
    $63,463 + $34,172 related
    Deferred
    $20,009 + $10,774 related
    Nontaxable benefits
    $18,762 + $10,103 related
    Filer's total
    $535,132 + $288,148 related

  • JAMES BUSHA

    VP, MEMB, MARKETING, PUBLICATIONS

    Total calculated
    $389,139
    From this org
    $326,713
    From related orgs
    $0
    Other
    $62,426
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $272,713
    Bonus
    $54,000
    Other
    $0
    Deferred
    $30,783
    Nontaxable benefits
    $31,643
    Filer's total
    $389,139

  • SEAN ELLIOTT

    VP, ADVOCACY & SAFETY

    Total calculated
    $308,738
    From this org
    $249,228
    From related orgs
    $0
    Other
    $59,510
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $206,172
    Bonus
    $41,105
    Other
    $1,951
    Deferred
    $24,836
    Nontaxable benefits
    $34,674
    Filer's total
    $308,738

  • KAREN KRYZANIAK

    VP, RISK MANAGEMENT & HR-THRU 1/24

    Total calculated
    $299,894
    From this org
    $237,943
    From related orgs
    $12,523
    Other
    $49,428
    Hours/week
    47.5 + 2.5 related

    Schedule J breakdown matched by us

    Base
    $198,615 + $10,453 related
    Bonus
    $39,328 + $2,070 related
    Other
    $0
    Deferred
    $23,819 + $1,254 related
    Nontaxable benefits
    $23,137 + $1,218 related
    Filer's total
    $284,899 + $14,995 related

  • RICK LARSEN

    VP, COMMUNITIES & MEMB PROG

    Total calculated
    $307,474
    From this org
    $270,654
    From related orgs
    $5,524
    Other
    $31,296
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $226,563 + $4,624 related
    Bonus
    $44,091 + $900 related
    Other
    $0
    Deferred
    $27,412 + $559 related
    Nontaxable benefits
    $3,258 + $67 related
    Filer's total
    $301,324 + $6,150 related

  • BRIAN WIERZBINSKI

    CFO - THRU 3/23

    Total calculated
    $328,268
    From this org
    $235,379
    From related orgs
    $78,460
    Other
    $14,429
    Hours/week
    37.5 + 12.5 related

    Schedule J breakdown matched by us

    Base
    $47,403 + $15,801 related
    Bonus
    $0
    Other
    $187,976 + $62,659 related
    Deferred
    $0
    Nontaxable benefits
    $10,821 + $3,608 related
    Filer's total
    $246,200 + $82,068 related

  • THOMAS MOULE

    DIRECTOR, IT

    Total calculated
    $208,799
    From this org
    $167,732
    From related orgs
    $0
    Other
    $41,067
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,732
    Bonus
    $5,000
    Other
    $0
    Deferred
    $14,620
    Nontaxable benefits
    $26,447
    Filer's total
    $208,799

  • ROBERT HACKMAN

    VP GOVERNMENT AFFAIRS

    Total calculated
    $190,667
    From this org
    $158,915
    From related orgs
    $0
    Other
    $31,752
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,041
    Bonus
    $0
    Other
    $874
    Deferred
    $0
    Nontaxable benefits
    $31,752
    Filer's total
    $190,667

  • KRISTINE PIHLGREN

    GENERAL COUNSEL

    Total calculated
    $186,113
    From this org
    $171,008
    From related orgs
    $0
    Other
    $15,105
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,008
    Bonus
    $0
    Other
    $0
    Deferred
    $14,236
    Nontaxable benefits
    $869
    Filer's total
    $186,113

  • KATHARINE DIEKFUSS

    DIRECTOR, MARKETING OPERATIONS

    Total calculated
    $195,867
    From this org
    $162,427
    From related orgs
    $0
    Other
    $33,440
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,427
    Bonus
    $2,000
    Other
    $0
    Deferred
    $6,337
    Nontaxable benefits
    $27,103
    Filer's total
    $195,867

  • CHRISTOPHER FARRELL

    DIR, SAFETY, SECURITY & HOSPITALITY

    Total calculated
    $186,072
    From this org
    $152,643
    From related orgs
    $0
    Other
    $33,429
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,643
    Bonus
    $2,000
    Other
    $0
    Deferred
    $11,451
    Nontaxable benefits
    $21,978
    Filer's total
    $186,072

  • KELLY RUH

    DIR FINANCE & HR, CFO - AS OF 12/23

    Total calculated
    $161,610
    From this org
    $119,792
    From related orgs
    $39,930
    Other
    $1,888
    Hours/week
    37.5 + 12.5 related

    Schedule J breakdown matched by us

    Base
    $119,792 + $39,930 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $1,416 + $472 related
    Filer's total
    $121,208 + $40,402 related

  • CHARLIE PRECOURT

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • STUART AUERBACH

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • JIM PHILLIPS

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • MIKE ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • RICHARD BEATTIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • JEREMY BEHLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • JIM BOURKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • JOE BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • SHELLY DEZEVALLOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • BEN DIACHUN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • SUSAN DUSENBURY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • DAVID FORSTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • MIKE GOULIAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • ERIC GURLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • KEITH KOCOUREK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • PHIL MARTINEAU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • DAN MAJKA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • KEN MCKENZIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • DAVID PASAHOW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • JIM PFARR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • LACEY PITTMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • DARREN PLEASANCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • PAUL SCHAFER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • DAN SCHWINN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • LOU SENO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • ALAN SHACKLETON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • MARK VAN TINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • DICK VANGRUNSVEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 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)

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.

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

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • EAA IMC LLC

    LICENSING · WI · income $0 · assets $0

    Directly controlled by EAA

  • EAA STC LLC

    STC ISSUANCE · WI · income $100 · assets $51,128

    Directly controlled by EAA

  • BLUE SKY PROPERTY HOLDINGS LLC

    PROPERTY · WI · income $0 · assets -$47,424

    Directly controlled by EAA

Provenance

Return type
form_990
Tax year
2023
Filed
14 January 2025
IRS schema version
2023v6.0
Source object
202510159349301096

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