AEROSPACE CORPORATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- AEROSPACE CORPORATION (EIN 95-2102389)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-15
- IRS object ID
- 201302279349300435
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-15T09:09:37-07:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952102389 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Aerospace Corporation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AERO | NameControl |
| Phone | 3103365000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 92957 | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90009 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ellen M Beatty | Name |
| Title | VP, CFO, Treasurer | Title |
| Date Signed | 2013-08-14 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | E M Beatty | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2310 E El Segundo Blvd | AddressLine1 |
| City | El Segundo | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 906199759 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.aero.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1960 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Our purpose is to assist the government and other customers in conception, design, acquisition and operations of space systems. Mission: Working to improve effectiveness for space operations and end-user communities, contributing to acquisition success and to 100% mission success. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4684 | TotalNbrEmployees |
| Total Gross UBI | 12269 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 11269 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 939307809 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 903443004 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1375146 | InvestmentIncomePriorYear |
| Investment Income Current Year | 71987 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2557214 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2684768 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 943240169 | TotalRevenuePriorYear |
| Total Revenue Current Year | 906199759 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 442956 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 404451 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 730824838 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 722681370 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 201875454 | OtherExpensePriorYear |
| Other Expenses Current Year | 178538324 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 933143248 | TotalExpensesPriorYear |
| Total Expenses Current Year | 901624145 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 10096921 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4575614 | RevenuesLessExpensesCY |
| Total Assets BOY | 540601788 | TotalAssetsBOY |
| Total Assets EOY | 568339894 | TotalAssetsEOY |
| Total Liabilities BOY | 767540965 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 873366457 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -226939177 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -305026563 | NetAssetsOrFundBalancesEOY |
| Mission Description | Our purpose is to assist the government and other customers in conception, design, acquisition and operations of space systems. Mission: Working to improve effectiveness for space operations and end-user communities, contributing to acquisition success and to 100% mission success. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 771468031 | Expense |
| Grants | 404451 | Grants |
| Revenue | 810353377 | Revenue |
| Description | The corporation's primary customer is the Space and Missile Systems Center (SMC) of the Air Force Space Command. The corporation fulfills the functions of an architect-engineer for space systems. It assists with engineering tasks required to develop space systems, from initial concept and design to deployment and operation. Progress is monitored, alternatives and tests are analyzed, and problems are resolved in cooperation with industrial contractors and government laboratories.Aerospace laboratory research is directed toward advancements in military space systems, engineering feasibility studies of new system concepts, anomaly resolution, and analyses and forecast of domestic and foreign technologies. In fulfilling this architect-engineer role, Aerospace strives to minimize system development and operational risks, which in turn protects acquisition schedules and aids in cost containment. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 85809225 | Expense |
| Revenue | 93089627 | Revenue |
| Description | Aerospace civil and commercial operation supports customers in three primary areas: NASA programs, NOAA (National Oceanic and Atmospheric Administration) programs and commercial, international and Homeland Security programs. The civil and commercial work enhances our mission assurance capabilities for our national security space customer, SMC. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 857277256 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 306 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 4684 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ellen M Beatty | NamePerson |
| Telephone Number | 3103365000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2310 E El Segundo Blvd | AddressLine1 |
| City | El Segundo | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (50 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| T W Jonas | |||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||||
| D M DiCarlo | |||||||||
| Trustee | 2.00 | X | 3500 | 0 | 0 | ||||
| W M Austin | |||||||||
| President & CEO | 40.00 | X | 731939 | 0 | 649360 | X | |||
| G K Muellner | |||||||||
| Trustee | 2.00 | X | 7250 | 0 | 0 | ||||
| K P Chilton | |||||||||
| Trustee | 2.00 | X | 14500 | 0 | 0 | ||||
| R S Walker | |||||||||
| Trustee | 2.00 | X | 28500 | 0 | 0 | ||||
| A C Wade | |||||||||
| Trustee | 2.00 | X | 28000 | 0 | 0 | ||||
| V Vitto | |||||||||
| Trustee | 2.00 | X | 28500 | 0 | 0 | ||||
| P B Teets | |||||||||
| Trustee | 2.00 | X | 43500 | 0 | 0 | ||||
| K A Street | |||||||||
| Trustee | 2.00 | X | 31000 | 0 | 0 | ||||
| J H Smith | |||||||||
| Trustee | 2.00 | X | 22500 | 0 | 0 | ||||
| S K Ride | |||||||||
| Trustee | 2.00 | X | 15500 | 0 | 0 | ||||
| M E Pate-Cornell | |||||||||
| Trustee | 2.00 | X | 26000 | 0 | 0 | ||||
| T S Moorman Jr | |||||||||
| Trustee | 2.00 | X | 39500 | 0 | 0 | ||||
| M Montelongo | |||||||||
| Trustee | 2.00 | X | 31000 | 0 | 0 | ||||
| J E McLaughlin | |||||||||
| Trustee | 2.00 | X | 21500 | 0 | 0 | ||||
| D E Hastings | |||||||||
| Trustee | 2.00 | X | 31000 | 0 | 0 | ||||
| N F Gibbs | |||||||||
| Trustee | 2.00 | X | 4000 | 0 | 0 | ||||
| R A Fulton Jr | |||||||||
| Trustee | 2.00 | X | 25000 | 0 | 0 | ||||
| H M Estes III | |||||||||
| Trustee | 2.00 | X | 30500 | 0 | 0 | ||||
| B M Barrett | |||||||||
| Trustee | 2.00 | X | 30500 | 0 | 0 | ||||
| S L Zacharius | |||||||||
| Vice President | 40.00 | 266837 | 0 | 107148 | X | ||||
| E M Beatty | |||||||||
| Vice President | 40.00 | 239173 | 0 | 30993 | X | ||||
| D E WallisRetired 1112 | |||||||||
| Vice President | 40.00 | 346050 | 0 | 407196 | X | ||||
| C J Steele | |||||||||
| Vice President | 40.00 | 315263 | 0 | 209870 | X | ||||
| R R Razouk | |||||||||
| Vice President | 40.00 | 360059 | 0 | 414558 | X | ||||
| G P Pulliam | |||||||||
| Vice President | 40.00 | 327353 | 0 | 302624 | X | ||||
| W C Krenz | |||||||||
| Vice President | 40.00 | 306123 | 0 | 245492 | X | ||||
| R F Johnson | |||||||||
| Vice President | 40.00 | 358638 | 0 | 440930 | X | ||||
| D J Gorney | |||||||||
| Vice President | 40.00 | 425205 | 0 | 382003 | X | ||||
| W H Goodman | |||||||||
| Vice President | 40.00 | 297620 | 0 | 82270 | X | ||||
| R H Fisher | |||||||||
| Vice President | 40.00 | 409552 | 0 | 260654 | X | ||||
| J M Drennan | |||||||||
| Vice President | 40.00 | 365601 | 0 | 304940 | X | ||||
| M De Ponte | |||||||||
| Vice President | 40.00 | 357702 | 0 | 349946 | X | ||||
| M R Clinton | |||||||||
| Vice President | 40.00 | 326439 | 0 | 139121 | X | ||||
| B W Chau | |||||||||
| Vice President | 40.00 | 323371 | 0 | 183977 | X | ||||
| H J Mitchell | |||||||||
| Vice President | 40.00 | 294622 | 0 | 45368 | X | ||||
| M J Wheaton | |||||||||
| Gen Mgr | 40.00 | 262590 | 0 | 47588 | X | ||||
| C M Lazar-Morrison | |||||||||
| Gen Mgr | 40.00 | 235913 | 0 | 109260 | X | ||||
| W Giragos | |||||||||
| Gen Mgr | 40.00 | 261391 | 0 | 48992 | X | ||||
| J W Ford | |||||||||
| Prin Dir | 40.00 | 205248 | 0 | 52693 | X | ||||
| D S Barbee | |||||||||
| Gen Mgr | 40.00 | 272254 | 0 | 46157 | X | ||||
| G C Aufderhaar | |||||||||
| Gen Mgr | 40.00 | 144849 | 0 | 30720 | X | ||||
| G D Galasso | |||||||||
| PR Engr/Scientist | 40.00 | 388041 | 0 | 72921 | X | ||||
| D L Webber | |||||||||
| Assoc Prin Dir | 40.00 | 390477 | 0 | 37136 | X | ||||
| W H Hiatt | |||||||||
| Gen Mgr | 40.00 | 272883 | 0 | 142035 | X | ||||
| R L Donnelly | |||||||||
| Gen Mgr | 40.00 | 277113 | 0 | 130065 | X | ||||
| D L Emmons | |||||||||
| Asst Princ Dir | 40.00 | 353389 | 0 | 36098 | X | ||||
| W F Ballhaus | |||||||||
| President & CEO | 0.00 | 155410 | 0 | -9448 | X | ||||
| J R Wormington | |||||||||
| VP | 0.00 | 286358 | 0 | 30122 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 10019213 | TotalReportableCompFromOrg |
| Total Other Compensation | 5330789 | TotalOtherCompensation |
| Number Individuals GT100 K | 2578 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Global Technology Resources | |||||
| P O BOX 1791 | Englewood | CO | 80150 | Computer Equipment | 6870058 |
| Duke Realty Services | |||||
| 75 Remittance Drive Suite 3194 | Chicago | IL | 60675 | Property Development | 3827978 |
| Duke Construction Limited Partnership | |||||
| 75 Remittance Drive Suite 3230 | Chicago | IL | 60675 | Property Development | 19094923 |
| Corporate Office Properties LP | |||||
| P O BOX 824383 | Philadelphia | PA | 19182 | Rental Property | 7412632 |
| Corpinfo Services | |||||
| 2050 S Westgate Avenue | Los Angeles | CA | 90025 | Desktop Computer Ser | 9836378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 96 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Contract income | Description |
| Business Code | 541700 | BusinessCode |
| Total Revenue Column | 903443004 | TotalRevenueColumn |
| Related Or Exempt Function Income | 903443004 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 903443004 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 71987 | TotalRevenueColumn |
| Related Or Exempt Function Income | 71987 | RelatedOrExemptFunctionIncome |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Vending sales commissions | 12269 | 12269 | |
| Unrealized gain on invest | 2287108 | 2287108 | |
| Other income | 385391 | 385391 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2684768 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 906199759 | TotalRevenueColumn |
| Related Or Exempt Function Income | 906187490 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 12269 | UnrelatedBusinessRevenue |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 404451 | Total |
| Program Services | 404451 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14114189 | Total |
| Program Services | 9383898 | ProgramServices |
| Management And General | 4730291 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 520356193 | Total |
| Program Services | 503602488 | ProgramServices |
| Management And General | 16753705 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110376278 | Total |
| Program Services | 104109227 | ProgramServices |
| Management And General | 6267051 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44850625 | Total |
| Program Services | 43436863 | ProgramServices |
| Management And General | 1413762 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32984085 | Total |
| Program Services | 31855495 | ProgramServices |
| Management And General | 1128590 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1590092 | Total |
| Program Services | 221354 | ProgramServices |
| Management And General | 1368738 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 669184 | Total |
| Program Services | 93157 | ProgramServices |
| Management And General | 576027 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1419778 | Total |
| Program Services | 197645 | ProgramServices |
| Management And General | 1222133 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 628089 | Total |
| Program Services | 87435 | ProgramServices |
| Management And General | 540654 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 403878 | Total |
| Program Services | 393761 | ProgramServices |
| Management And General | 10117 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10949428 | Total |
| Program Services | 10461894 | ProgramServices |
| Management And General | 487534 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22627000 | Total |
| Program Services | 21845000 | ProgramServices |
| Management And General | 782000 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62732 | Total |
| Management And General | 62732 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29585911 | Total |
| Program Services | 28689065 | ProgramServices |
| Management And General | 896846 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26043958 | Total |
| Program Services | 24788803 | ProgramServices |
| Management And General | 1255155 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2656448 | Total |
| Program Services | 2367452 | ProgramServices |
| Management And General | 288996 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6387568 | Total |
| Program Services | 6387568 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39503881 | Total |
| Program Services | 37692433 | ProgramServices |
| Management And General | 1811448 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1029058 | Total |
| Program Services | 12556 | ProgramServices |
| Management And General | 1016502 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Guard service | 4086050 | 3697581 | 388469 |
| Consultant fees | 4247208 | 3966630 | 280578 |
| Purchased labor | 5595911 | 4850005 | 745906 |
| All other expenses | 21052150 | 18732495 | 2319655 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 901624145 | Total |
| Program Services | 857277256 | ProgramServices |
| Management And General | 44346889 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3000 | BOY |
| EOY | 3000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46952611 | BOY |
| EOY | 43385779 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54974409 | BOY |
| EOY | 39121821 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116000 | BOY |
| EOY | 59000 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8870915 | BOY |
| EOY | 7913575 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 864224585 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 433051809 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 364107597 | BOY |
| EOY | 431172776 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65577256 | BOY |
| EOY | 46683943 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 540601788 | BOY |
| EOY | 568339894 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101416299 | BOY |
| EOY | 94296424 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146716666 | BOY |
| EOY | 158833333 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 519408000 | BOY |
| EOY | 620236700 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 767540965 | BOY |
| EOY | 873366457 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -226939177 | BOY |
| EOY | -305026563 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -226939177 | BOY |
| EOY | -305026563 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 540601788 | BOY |
| EOY | 568339894 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4575614 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -82663000 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 838601 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 867878 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 912047 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 939308 | CurrentTaxYearMinus1Year |
| Current Tax Year | 903443 | CurrentTaxYear |
| Total | 4461277 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 838601 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 867878 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 912047 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 939308 | CurrentTaxYearMinus1Year |
| Current Tax Year | 903443 | CurrentTaxYear |
| Total | 4461277 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4461277 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4952 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2543 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3357 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3920 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2744 | CurrentTaxYear |
| Total | 17516 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 14 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 13 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 12 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12 | CurrentTaxYear |
| Total | 51 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 4478844 | TotalSupport |
| Public Support Pertcentage170 | 0.99610 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.99610 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | Information on Schedule A, Part II is in $000.Section C, 15 should be 99.4% from 2010 Schedule A, Part II, Line 14. | GeneralExplanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Preservation Of Open Space | X | PreservationOfOpenSpace |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 22 | TotalAcreage |
| Nmbr Hist Struct Easements After | 1 | NmbrHistStructEasementsAfter |
| Written Policy Monitoring | true | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 64323300 | OtherCostOrOtherBasis |
| Book Value | 64323300 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 313677367 | OtherCostOrOtherBasis |
| Depreciation | 72332187 | Depreciation |
| Book Value | 241345180 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 57919715 | OtherCostOrOtherBasis |
| Depreciation | 49172502 | Depreciation |
| Book Value | 8747213 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 326242468 | OtherCostOrOtherBasis |
| Depreciation | 236104418 | Depreciation |
| Book Value | 90138050 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 102061735 | OtherCostOrOtherBasis |
| Depreciation | 75442702 | Depreciation |
| Book Value | 26619033 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 431172776 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (6 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Restricted Cash - Loan Sinking Fund | 1000 |
| Restricted Cash - Loan Proceeds | 27369986 |
| Prepaid Loan Issuance | 1060536 |
| Prepaid Land Infrastructure | 756883 |
| Investments held in trust account | 17263223 |
| Employee receivable and other | 232315 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 46683943 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Corporate officers retirement | $49,750,000 |
| Aerospace Benefit Equalization Plan | $2,461,000 |
| Accrued rent liabilities | $4,258,700 |
| Accrued postretirement benefit | $73,327,000 |
| Accrued pension cost | $490,440,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 620236700 | TotalOfAmounts |
| Total Revenue | 906199759 | TotalRevenue |
| Total Expenses | 901624145 | TotalExpenses |
| Excess Or Deficit For Year | 4575614 | ExcessOrDeficitForYear |
| Other | -$82,663,000 | OtherAmount |
| Total Adjustments | -82663000 | TotalAdjustments |
| Excess Or Deficit Per FS | -78087386 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 906199759 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 906199759 | RevenueSubtotal |
| Total Revenue Per Form990 | 906199759 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 901624145 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 901624145 | ExpensesSubtotal |
| Total Expenses Per Form990 | 901624145 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | Footnote from financial statements regarding liability for uncertain tax positions:The Corporation adopted the provisions of FASB ASC 740, Income Taxes, on October 1, 2009. ASC 740 clarifies the accounting for uncertainties in income taxes. There was no financial effect to the Corporation as a result of the adoption of ASC 740. |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | Aerospace Employees' Retirement Plan equity change $ -82663000 |
| Part II, Line 9 | Part II, Line 9: Organization Reporting of conservation easements. | The Company was required by Fairfax County, VA to maintain the stream restoration area part of the conservation easement and has a 10 year maintenance contract in place. Annual maintenance began in 2010 with an estimated annual cost of $10,000. The forest area will be monitored at least annually.The conservation easement is on land being developed in Chantilly, Virginia for use as a Corporate owned facility to replace current leased facilities in the local area. In connection with development of the land, stream restoration and drainage control was constructed to meet national building and local codes. In addition 21.87 acres of forest has been set aside and not available for future development. Currently the audited Financial Statements reflect the land cost and development cost to date in the Balance Sheet. The revenue and expense statement includes approximately $10,000 of cost related to the conservation easement. Completion of the site with the initial building occupancy is planned for November 2014. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Corporate Study & Assignments | TypeOfGrant |
| Number Of Recipients | 26 | NumberOfRecipients |
| Amount Of Cash Grant | 404451 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Additional Supplemental Information | Identifier |
| Explanation | The corporation maintains a corporate study assistance program and awards fellowships to qualified individuals who will contribute to the technical and business expertise of the corporation. Fellowships are normally awarded to regular full or part-time employees currently in good standing who have a minimum of two years employment with the corporation.The Aerospace Institute administers the Corporate Study Assistance Program. The number of fellowship awards each year depends on the availability of resources and the merit of the applications received.The Aerospace Institute advises management and employees on program guidelines, enrolls qualified candidates in the program, authorizes payments to universities and part-time fellows, and monitors compliance with this practice.A fellow in the Corporate Study Assistance Program:Submits appropriate receipts for actual incurred expenses, such as tuition, books, and mandatory fees to The Aerospace Institute for payment.Submits an official transcript to The Aerospace Institute within 60 days of the completion of each academic term.Reimburses the corporation for applicable tuition and textbook costs if the participant drops a course, receives a B-minus or less in any course, or receives less than satisfactory for dissertation research.Full-Time students receiving a stipend:Expend 20 or 24 hours of effort per workweek during the academic year and up to 40 hours during school recess and vacation periods. Pay is based on the employee's scheduled workweek. Annual reviews reflect both work and academic performance. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (30 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|
| W M Austin | |||||
| 468623 | 243481 | 19835 | 617859 | 31501 | 1381299 |
| W H Hiatt | |||||
| 245089 | 26366 | 1428 | 114974 | 27061 | 414918 |
| W H Goodman | |||||
| 262199 | 30753 | 4668 | 61605 | 20665 | 379890 |
| W Giragos | |||||
| 239627 | 19478 | 2286 | 32025 | 16967 | 310383 |
| W F Ballhaus | |||||
| 61469 | 93941 | -11137 | 1689 | 145962 | |
| W C Krenz | |||||
| 261062 | 35239 | 9822 | 210058 | 35434 | 551615 |
| S L Zacharius | |||||
| 239309 | 26754 | 774 | 72371 | 34777 | 373985 |
| R R Razouk | |||||
| 306415 | 43316 | 10328 | 376316 | 38242 | 774617 |
| R L Donnelly | |||||
| 250017 | 25770 | 1326 | 103279 | 26786 | 407178 |
| R H Fisher | |||||
| 350485 | 50217 | 8850 | 256149 | 4505 | 670206 |
| R F Johnson | |||||
| 303658 | 46417 | 8563 | 410375 | 30555 | 799568 |
| M R Clinton | |||||
| 274791 | 40130 | 11518 | 108438 | 30683 | 465560 |
| M J Wheaton | |||||
| 241955 | 19861 | 774 | 14343 | 33245 | 310178 |
| M De Ponte | |||||
| 301455 | 43295 | 12952 | 315749 | 34197 | 707648 |
| J W Ford | |||||
| 198067 | 4500 | 2681 | 18904 | 33789 | 257941 |
| J R Wormington | |||||
| 148831 | 103038 | 34489 | 26647 | 3475 | 316480 |
| J M Drennan | |||||
| 307005 | 45866 | 12730 | 298064 | 6876 | 670541 |
| H J Mitchell | |||||
| 262405 | 32217 | 36456 | 8912 | 339990 | |
| G P Pulliam | |||||
| 272962 | 41402 | 12989 | 293049 | 9575 | 629977 |
| G D Galasso | |||||
| 195441 | 15280 | 177320 | 49946 | 22975 | 460962 |
| G C Aufderhaar | |||||
| 115482 | 19766 | 9601 | 28443 | 2277 | 175569 |
| E M Beatty | |||||
| 224974 | 13930 | 269 | 23952 | 7041 | 270166 |
| D S Barbee | |||||
| 235789 | 35942 | 523 | 26119 | 20038 | 318411 |
| D L Webber | |||||
| 239172 | 7000 | 144305 | 24795 | 12341 | 427613 |
| D L Emmons | |||||
| 179127 | 7000 | 167262 | 14886 | 21212 | 389487 |
| D J Gorney | |||||
| 360556 | 54731 | 9918 | 361951 | 20052 | 807208 |
| D E WallisRetired 1112 | |||||
| 283873 | 36990 | 25187 | 374567 | 32629 | 753246 |
| C M Lazar-Morrison | |||||
| 217296 | 17844 | 773 | 80475 | 28785 | 345173 |
| C J Steele | |||||
| 265091 | 38658 | 11514 | 177748 | 32122 | 525133 |
| B W Chau | |||||
| 273239 | 38097 | 12035 | 153954 | 30023 | 507348 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Sch J, Part III, Additional Information | Part III, Additional Information | Part 1, Line 1a - Relevant Information Regarding Compensation BenefitsThe corporate officers travel using y-up fares available from airlines that provide for upgrade to business or first class. Y-up fares are nonrefundable coach fares that cost less than full fares coach, but provide a guaranteed upgrade to business or first class. Three first class travel tickets were purchased during the year in the amount of $4,637 for all three trips. These three tickets were purchased to meet schedule requirements and no other seats were available.Travel is authorized on an exception basis for the spouse of officers at various times during the year to attend corporate events. All spouse travel is included in income.Tax indemnification and gross-up payments are provided to all employees that have relocation expenses to cover the taxable portion of the relocation. Such gross-up is included in income.Part I, Line 4b - Participate in, or receive payment from, a supplemental nonqualified retirement plan.Current and former corporate officers participate in a 457(f) nonqualified, deferred compensation plan (the Plan). The Plan includes provisions for a significant risk of forfeiture if a participant leaves the company before certain defined target dates are reached. Participants vest in some or all of the deferred compensation upon reaching the target dates. Amounts are reported as taxable income to the individual when vested.Increases in actuarial values during the Plan year are reported on Schedule J, Part II, column C, and Schedule J-1, Part I column C of this return. Increases in actuarial values result from changes in discount rates used to calculate present values of future payments from the Plan, changes in other actuarial assumptions such as mortality assumptions, and increases associated with a formula based on the participant's earnings for the prior year. These changes in value will not be available or taxable to the participant until they have vested in the Plan.In the year a participant vests in the Plan, the vested amount is reported as taxable income on Schedule J, Part II, column B(iii), and Schedule J-1, Part I column B(iii) of this return and is included in the amounts reported on Form 990, Part VII, column D and Schedule J-2, Part I, column D.In the year a participant vests in the Plan any increases in actuarial value that were previously reported on Form 990 and that are included in the vested amount, are reported on Schedule J, Part II, column F and Schedule J-1, Part I, column F and are included in amounts reported on Form 990, Part VII, column F and Schedule J-2, Part I column F of this return. |
| Sch J, Part I, Line 1a | Part I, Line 1a: Relevant information in regards to selections on 1a. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | W M Austin relocation loan | NamePerson |
| Purpose Of Loan | pursuant to IRC Sec 7282 | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $59,000 | OriginalPrincipalAmount |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| M Montelongo | |||
| trustee | 271214 | food service vendor | false |
| K D Wheaton | |||
| employee | 119282 | compensation | false |
| E D Aufderhaar | |||
| employee | 83262 | compensation | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Part IV Line 1 - E D Aufderhaar is a family member of G C Aufderhaar (key employee)Part IV Line 2 - K D Wheaton is a family member of M L Wheaton (key employee)Part IV Line 3 - M Montelongo is a trustee and an officer for a food service vendor used by the Corporation. See Schedule O, Form 990, Part VI, Sec A, Line 1a/b for additional comments. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Schedule A, Section A & B | Amounts used are rounded to the nearest thousand as the software does not support the full amount. | |
| Form 990, Part VI, Sec A, Line 1a/b | The President of the Corporation is a member of the Board of Trustees, ex officio, with full voting power during her term of office as President. The President is not independent as she is compensated as an officer. The President excuses herself from votes which may result in a conflict of interest.One of the members of the Board of Trustees is an officer for a food service vendor used by the Corporation. The vendor operates two cafeterias for the Corporation. The vendor is given exclusive rights to operate the two cafeterias. The vendor pays for all the food and labor associated with delivering the meals. Aerospace employees, Air Force employees, and other visitors that eat at the cafeterias pay the vendor for their meals. The vendor keeps any profits made. The vendor does not pay for the use of building space or equipment, which is paid for by the Corporation. The Corporation pays the vendor to cater company sponsored business meals on the Corporation premises. During the reporting period, the Corporation paid the vendor $271,714 for catering services, which is reported on Schedule L Part IV.The contract with the food service vendor was entered into in 2008 prior to the election of the Trustee and without his knowledge or control. The Corporation entered into the transaction for food services for its own benefit and the benefit of its employees after a competitive bidding process which included six other vendors. The contract was created in the ordinary course of business on the same terms as offered to the public. The trustee excuses himself from votes which may result in a conflict of interest. | |
| Form 990, Part VI, Line 12b | Trustees, officers and key employees are required to annually disclose interests that could give rise to conflicts of interest.The office of General Counsel sends a questionaire to all trustees and reviews all disclosure forms and advises management on any conflicts of interest.The CFO sends out questionaires to all officers and key employees. The CFO reviews all disclosure forms and advises senior management of any conflict that should be reported on Form 990.Officers and key employees also participate in the monitoring noted under 12c. | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The Form 990, 990T governing documents, conflict of interest policy and audited financial statements are available upon request to the CFO, Vice President and Treasurer. Requests can be in person at any of our operating offices, by mail, facsimile or electronic mail. The documents are available for inspection at our corporate office at 2310 E El Segundo Blvd in El Segundo, California. Copies will be made upon request or electronic media will be provided at no cost to the requestor for the last three years. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Aerospace Corporation plays a critical role in assuring mission success for National Security Space programs, which are a $50 billion enterprise on an annual basis. Aerospace's senior executives are highly experienced leaders in their technical fields with enormous accountability in performing this vital mission assurance role. Their compensation is reviewed and approved annually by the corporation's Board of Trustees, whose members include leaders with experience in government, the military, and private industry.The Compensation and Personnel Committee (the "Committee") of the Board of Trustees (the "Board") discharges the Board's responsibilities relating to compensation of the chief executive and other executive officers, including approving, individually, the compensation of each such officer.The Committee reviews and recommends to the Board compensation plans, pension and benefit programs for employees generally; and to review all modifications to such plans other than such modifications specifically delegated by the Board to management from time to time.The Board of Trustees has established an annual bonus and incentive compensation plan for corporate officers and general managers based on corporate and individual goals established at the beginning of each fiscal year. At the end of each fiscal year, the Committee reviews corporate and individual performance and recommends to the Board the amount of bonus and incentive compensation, if any, to be paid for the prior year's performance. Bonus payments must be approved by the Board. These amounts are included in Bonus & incentive compensation on Schedule J, Part II and Schedule J-1, Part I, column (B)(ii).The Committee reviews the Board of Trustees compensation.The Committee meets not less frequently than twice each year to coincide with the annual and semiannual meetings of the Board and at other times to coincide with regular meetings of the board.The Committee may request that members of management or outside consultants and advisors of the Committee be present to assist the Committee in performing its duties.A written report of the actions taken at each meeting will be kept filed with the proceedings of the meetings of the full Board.The Committee process above was last undertaken for Fiscal Year 2013. | Form 990, Part VI, Line 15b |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The corporation complies with the Department of Defense (DoD) Mandatory Disclosure Rules, including required disclosures to the DoD Inspector General, for (1) violations of federal criminal laws relating to fraud, conflicts of interest, bribery, and gratuities; (2) violations of the False Claims Act; and (3) misconduct in connection with the award, performance, or close out of government contracts.Employees must certify that they have read, understand, and will comply with the corporate practice as a condition of employment by signing a Certification of Compliance annually.Employees also certify to the corporation that he/she has no holdings or relationships that might constitute or appear to constitute a conflict of interest by responding to an on-line Conflict of Interest Certification. Employees must list the business and financial interest and relationships for those organizations identified on the corporation's Conflict of Interest Listing. Such certification is required annually or whenever a change in the individual's business or financial interest or relationships makes it appropriate.Employees may not retain any holdings in any organization with which he/she works on a day-to-day basis.The Office of the General Counsel issues, periodically, a list of organizations that includes principal associate contractors of the Air Force Space and Missile Systems Center and other U.S. Government organizations that interface with the company on a regular basis. This list is not all-inclusive, but helps to identify areas of possible conflict of interest.The Office of the General Counsel reviews all disclosure forms and advises management on any conflicts of interest.Management, after a disclosure review, decides either that some action must be taken or that no conflict exists and no further action is required. Management may determine that certain actions are required, such as a change in work assignment, divestiture in a conflicting interest, or the establishment of a "blind trust." Management's decisions in those matters are final.Certifications, disclosures, and subsequent decisions are made available to audit agencies and duly authorized persons on a need-to-know basis as approved by management. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | The Form 990, Form 990T and all related schedules are completed by Aerospace's finance department and are reviewed in detail by the Vice President, Chief Financial Officer, and Treasurer (CFO) who signs the Form 990 and Form 990T. Prior to filing the Form 990, the CFO reviews in detail the completed Form 990 with the Senior Vice President, Operations and Support Group and with the President and Chief Executive Officer (CEO) of the Corporation. After the review with the CEO, the CFO reviews the Form 990 in detail with the Audit Committee of the Board. The Chair of the Audit Committee reports on his review of the Form 990 to the Board of Trustees. Copies of the Form 990 are provided to all members of the Board of Trustees prior to filing. | Form 990, Part VI, Line 11 |