- Revenue 2024
- $12,462,318
- Expenses 2024
- $17,436,196
Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B00Z
- Classification
- 1200
- Street
- 3115 ACADEMY DRIVE
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
AIR FORCE ACADEMY REAL ESTATE TRUST
EIN 86-1379592
Mission and programs · 2024
Mission
TO BE AN ASSOCIATION AND FOUNDATION OF INFLUENCE AND IMPACT, SUPPORTING THE ACADEMY'S ENDURING MISSION OF DEVELOPING LEADERS OF CHARACTER FOR THE NATION, AND PROVIDING A LIFETIME OF SERVICE TO THE LONG BLUE LINE. (CONT'D. ON SCH. O)
Activities or mission (Part I)
Together, we serve graduates, preserve the heritage of the Academy & Long Blue Line, and support USAFA to develop leaders of character for Air Force, Space Force, and nation.
-
ACADEMY AND OTHER SERVICES - FUNDS UTILIZED FOR PROJECTS THAT DIRECTLY SUPPORT THE ACADEMY, CADET WING OR ALUMNI.
Expenses $12,382,771 · Grants $11,313,410
-
MEMBER SERVICES - FUNDS UTILIZED TO MAINTAIN INFORMATION ON GRADUATES AND TO PROVIDE NETWORKING OPPORTUNITIES AMONG GRADUATES AND SUPPORTERS.
Expenses $632,584 · Grants $1,631 · Revenue $1,202,913
-
COST OF PUBLICATIONS - FUNDS UTILIZED FOR PUBLICATION AND DISTRIBUTION OF THE ALUMNI MAGAZINE CHECKPOINTS, THE REGISTER OF GRADUATES AND VARiOUS OTHER ALUMNI AND ACADEMY RELATED PUBLICATIONS. LINE 4D, PROGRAM SERVICE ------------------------ Special Events & Chapter Support - Funds utilized for events open to graduates at the Academy and at the local chapter level such as Founders Day celebrations and the Distinguished Graduates and Award Dinner. LINE 4E, PROGRAM SERVICE ------------------------ Reunions - Funds utilized to provide events and activities for U.S. Air Force Academy class reunions.
Expenses $990,691
-
Special Events and chapter support
Expenses $739,679 · Grants $462
-
Homecoming and Reunions
Expenses $362,228
-
Career Opportunities
Expenses $63,871
-
Special Functions
Expenses $499
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Mark Hille PresidentTo 124
CEO From (1/24)
- Total calculated
- $190,475
- From this org
- $167,373
- From related orgs
- $0
- Other
- $23,102
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $147,590
- Bonus
- $19,783
- Other
- not reported
- Deferred
- $9,083
- Nontaxable benefits
- $14,019
- Filer's total
- $190,475
-
Katie Willemarck
CFO
- Total calculated
- $142,319
- From this org
- $126,765
- From related orgs
- $0
- Other
- $15,554
- Hours/week
- 20
-
Naviere Walkewicz
Sr. VP of Alumni Relations
- Total calculated
- $138,220
- From this org
- $128,882
- From related orgs
- $0
- Other
- $9,338
- Hours/week
- 40
-
Brian Bishop
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Virginia Caine Tonneson
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Glenn Strebe
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Hans Mueh
Director
- Total calculated
- $0
- Hours/week
- 5
-
Garry Dudley
Director
- Total calculated
- $0
- Hours/week
- 5
-
Robert Lowe
director
- Total calculated
- $0
- Hours/week
- 5
-
Emma Przybyslawski
Director
- Total calculated
- $0
- Hours/week
- 5
-
Joseph Bledsoe
Director
- Total calculated
- $0
- Hours/week
- 5
-
Randy Helms
Director
- Total calculated
- $0
- Hours/week
- 5
-
Catherine Almand
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Hank Hoffman
Director
- Total calculated
- $0
- Hours/week
- 5
-
Lee Krauth
Director
- Total calculated
- $0
- Hours/week
- 5
-
Christian Evans
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nathan Dial
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jennifer Walters
Director
- Total calculated
- $0
- Hours/week
- 5
-
William Carpenter
Director
- Total calculated
- $0
- Hours/week
- 5
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $12,462,318
- Expenses
- $17,436,196
- Contributions
- $5,392,260
- Grants paid
- $11,315,503
-
2023
- Revenue
- $9,139,574
- Expenses
- $8,465,065
- Contributions
- $2,753,197
- Grants paid
- $1,484,586
-
2022
- Revenue
- $8,064,070
- Expenses
- $8,454,891
- Contributions
- $2,701,946
- Grants paid
- $1,925,224
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $16,073,462
- Expenses
- $8,470,718
- Assets (EOY)
- $132,680,804
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $8,336,272
- Expenses
- $11,446,425
- Assets (EOY)
- $54,212,848
-
2018 · 990
- Revenue
- $10,239,713
- Expenses
- $8,747,515
- Assets (EOY)
- $57,811,190
-
2017 · 990
- Revenue
- $11,702,906
- Expenses
- $6,965,822
- Assets (EOY)
- $56,998,594
-
2016 · 990
- Revenue
- $12,793,895
- Expenses
- $10,905,692
- Assets (EOY)
- $52,643,183
-
2015 · 990
- Revenue
- $8,842,348
- Expenses
- $10,213,465
- Assets (EOY)
- $49,406,152
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$10,371,037
2024 Support Foundation Projects
-
United States Air Force Academy
$1,059,628
2022 To provide support
-
United States Air Force Academy
$883,181
2023 To provide support
-
$199,000
2022 Support Foundation Projects
-
$130,895
2022
-
Air Force Institute of Technology
$112,509
2022 Endowed scholarships for graduating Air Force Academy cadets.
-
United States Air Force Academy
$111,952
2024 To provide support
-
Air Force Institute of Technology
$108,320
2023 Endowed scholarships for graduating Air Force Academy cadets.
-
$32,750
2022 To provide private funding to the USAFA to help accomplish its mission of providing an extra margin of excellence for cadets.
-
$31,411
2024 GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$6,691,016
2023 SUPPORT THE MISSIONS OF MEMBER INSTITUTIONS
-
$5,727,665
2022 SUPPORT THE MISSIONS OF MEMBER INSTITUTIONS
-
$1,028,418
2022 See Part IV
-
$891,747
2023 See Part IV
-
$419,300
2024 See Part IV
-
DONOR ADVISED CHARITABLE GIVING
$121,000
2024 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$102,738
2022 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$76,000
2023 EDUCATION
-
$11,367
2022 GENERAL SUPPORT
-
2024 For grant recipient's exempt purposes
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
On its 2023 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.