OHIO AEROSPACE INSTITUTE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- OHIO AEROSPACE INSTITUTE (EIN 34-1621676)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202611349349308876
- Schema version
- 2024v5.0
- 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) |
|---|---|---|
| Return | 2026-05-14T16:25:33-04:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 311339842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWINDON SPRINGER & COMPANY INC CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4130 GIBSON DRIVE | AddressLine1Txt |
| City | TIPP CITY | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45371 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341621676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OHIO AEROSPACE INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OHIO | BusinessNameControlTxt |
| Phone | 4409623000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22800 CEDAR POINT ROAD | AddressLine1Txt |
| City | BROOKPARK | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44142 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS HOCEVAR | PersonNm |
| Person Title | CFO & TREASURER | PersonTitleTxt |
| Phone | 9377051000 | PhoneNum |
| Signature | 2026-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH J SPRINGER CPA | PreparerPersonNm |
| PTIN | P00343403 | PTIN |
| Phone | 9376677771 | PhoneNum |
| Preparation | 2026-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DENNIS ANDERSH | PrincipalOfficerNm |
| Gross Receipts | $24,213,958 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.OAI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | THE PRIMARY TAX-EXEMPT PURPOSE IS TO FURTHER HUMAN SCIENTIFIC AND ENGINEERING KNOWLEDGE IN A BROAD ARRAY OF AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL AND DEVELOPMENTAL RESEARCH; TO BUILD OHIO'S AEROSPACE ECONOMY THROUGH RESEARCH AND TECHNOLOGY, EDUCATION AND TRAINING, AND COLLABORATION AND INFORMATION EXCHANGE. TO FURTHER THE SCIENTIFIC AND ENGINEERING EDUCATION OF DOCTORAL LEVEL GRADUATE AND CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO, AND TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH EDUCATION. TO SPONSOR, PROMOTE AND DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO; TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; AND TO DEVELOP AEROSPACE RESEARCH AND GRADUATE EDUCATION RESOURCES IN OHIO. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $16,226,834 | PYContributionsGrantsAmt |
| CY Contributions Grants | $150,625 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $454,211 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,633,970 | CYProgramServiceRevenueAmt |
| PY Investment Income | $54,268 | PYInvestmentIncomeAmt |
| CY Investment Income | $87,106 | CYInvestmentIncomeAmt |
| PY Other Revenue | $323,642 | PYOtherRevenueAmt |
| CY Other Revenue | $342,257 | CYOtherRevenueAmt |
| PY Total Revenue | $17,058,955 | PYTotalRevenueAmt |
| CY Total Revenue | $24,213,958 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,949,962 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,945,945 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,976,621 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,300,561 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,076,544 | PYOtherExpensesAmt |
| CY Other Expenses | $14,963,354 | CYOtherExpensesAmt |
| PY Total Expenses | $17,003,127 | PYTotalExpensesAmt |
| CY Total Expenses | $23,209,860 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $55,828 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,004,098 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,156,536 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,843,690 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,919,016 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,602,072 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,237,520 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,241,618 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PRIMARY TAX-EXEMPT PURPOSE IS TO FURTHER HUMAN SCIENTIFIC AND ENGINEERING KNOWLEDGE IN A BROAD ARRAY OF AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL AND DEVELOPMENTAL RESEARCH; TO BUILD OHIO'S AEROSPACE ECONOMY THROUGH RESEARCH AND TECHNOLOGY, EDUCATION AND TRAINING, AND COLLABORATION AND INFORMATION EXCHANGE. TO FURTHER THE SCIENTIFIC AND ENGINEERING EDUCATION OF DOCTORAL LEVEL GRADUATE AND CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO, AND TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH EDUCATION. TO SPONSOR, PROMOTE AND DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO; TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; AND TO DEVELOP AEROSPACE RESEARCH AND GRADUATE EDUCATION RESOURCES IN OHIO. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $21,666,198 | ExpenseAmt |
| Grant | $1,945,945 | GrantAmt |
| Revenue | $23,633,970 | RevenueAmt |
| Desc | AEROSPACE RESEARCH WITH SPECIALIZED RESEARCH TEAMS IN THE AREAS OF COMPUTATIONAL MODELING, MATERIALS, STRUCTURES, VEHICLE HEALTH MONITORING AND SAFETY AND SPACE SCIENCE AND EXPLORATION TECHNOLOGIES. BUILDING AND MANAGING COLLABORATION, CONSORTIA AND PUBLICPRIVATE PARTNERSHIP NEUTRAL. UNBIASED MANAGEMENT. WORKFORCE DEVELOPMENT: INTERNSHIPS, SCHOLARSHIP, VISITING FACULTY, SHORT COURSES, EDUCATION OUTREACH, STUDENT AND FACULTY ENGAGEMENT WITH INDUSTRY AND FEDERAL LABS. ECONOMIC BASED TECHNOLOGY DEVELOPMENT, TRANSFER ANO COMMERCIALIZATION AND LEVERAGING AEROSPACE NETWORK (OHIO AEROSPACE INDUSTRY ASOCIATI0N AND MAKING CONNECTIONS BETWEEN GOVERNMENT, INDUSTRY AND ACADEMIA. | Desc |
| Total Program Service Expenses | $21,666,198 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS HOCEVAR | PersonNm |
| Phone | 4409623000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22800 CEDAR POINT ROAD | AddressLine1Txt |
| City | BROOKPARK | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DENNIS ANDERSH | ||||||
| CEO & PRESID | 40.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR CHRISTINA BLOEBAUM | ||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GAIL DOMAN-SMITH | ||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | |
| LLOYD FIELDS | ||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DR CARLOS GRODSINSKY | ||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WAYNE DENNY JR | ||||||
| BOARD CHAIR | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LT GEN RET CD MOORE | ||||||
| DIRECTOR | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS HOCEVAR | ||||||
| CFO & TREASU | 40.00 | Yes (X) | $0 | $0 | $0 | |
| LEIGH OLDHAM | ||||||
| VP OF HR & S | 40.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TKE (TK ELEVATOR CORP) | |||||
| PO BOX 3796 | CAROL STREAM | IL | 60132 | ELEVATOR | $240,857 |
| THE GEOPFERT COMPANY | |||||
| 1024 HOME AVE | AKRON | OH | 44310 | BOILERS | $173,596 |
| REDBIRD FLIGHT SIMULATIONS | |||||
| 301 VISTA RIDGE DRIVE | KYLE | TX | 78640 | FLIGHT SIMULATO | $153,766 |
| MCCAULLEY & COMPANY LLC | |||||
| 19660 ROSLYN DRIVE | ROCKY RIVER | OH | 44116 | STRATEGIC PLANN | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $150,625 | MembershipDuesAmt |
| Total Contributions | $150,625 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICES | Desc |
| Total Revenue Column | $23,633,970 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,633,970 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,633,970 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,106 | TotalRevenueColumnAmt |
| Exclusion | $87,106 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $342,257 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $342,257 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $342,257 | TotalRevenueColumnAmt |
| Exclusion | $342,257 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,213,958 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,633,970 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $429,363 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $506,650 | TotalAmt |
| Program Services | $506,650 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,439,295 | TotalAmt |
| Program Services | $1,439,295 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,067,702 | TotalAmt |
| Program Services | $4,715,497 | ProgramServicesAmt |
| Management And General | $352,205 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,873 | TotalAmt |
| Program Services | $431,634 | ProgramServicesAmt |
| Management And General | $32,239 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,598 | TotalAmt |
| Program Services | $388,575 | ProgramServicesAmt |
| Management And General | $29,023 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,388 | TotalAmt |
| Program Services | $326,967 | ProgramServicesAmt |
| Management And General | $24,421 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,105 | TotalAmt |
| Management And General | $1,105 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,859 | TotalAmt |
| Program Services | $1,850 | ProgramServicesAmt |
| Management And General | $34,009 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,041 | TotalAmt |
| Management And General | $90,041 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,525 | TotalAmt |
| Program Services | $82,016 | ProgramServicesAmt |
| Management And General | $87,509 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $394,478 | TotalAmt |
| Program Services | $156,450 | ProgramServicesAmt |
| Management And General | $238,028 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,634 | TotalAmt |
| Program Services | $97,072 | ProgramServicesAmt |
| Management And General | $17,562 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,232 | TotalAmt |
| Program Services | $148,015 | ProgramServicesAmt |
| Management And General | $4,217 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,462 | TotalAmt |
| Management And General | $278,462 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,027 | TotalAmt |
| Program Services | $15,392 | ProgramServicesAmt |
| Management And General | $49,635 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CONSULTANTS | $13,459,883 | $13,281,232 | $178,651 |
| SOFTWARE SUBSCRIPTIONS | $125,922 | $75,553 | $50,369 |
| OTHER EXPENSE | $59,949 | $59,949 | |
| BANK FEES | $16,237 | $16,237 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,209,860 | TotalAmt |
| Program Services | $21,666,198 | ProgramServicesAmt |
| Management And General | $1,543,662 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,036,520 | BOYAmt |
| EOY | $2,006,181 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $298,811 | BOYAmt |
| EOY | $48,151 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,408,975 | BOYAmt |
| EOY | $4,376,054 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,193 | BOYAmt |
| EOY | $39,708 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,001,237 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $627,692 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,091,212 | BOYAmt |
| EOY | $6,373,545 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,825 | BOYAmt |
| EOY | $51 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,156,536 | BOYAmt |
| EOY | $12,843,690 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,167,259 | BOYAmt |
| EOY | $2,378,145 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,527,538 | BOYAmt |
| EOY | $3,219,582 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,825 | BOYAmt |
| EOY | $51 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,394 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,294 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,919,016 | BOYAmt |
| EOY | $5,602,072 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,640,896 | BOYAmt |
| EOY | $3,903,434 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,596,624 | BOYAmt |
| EOY | $3,338,184 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,237,520 | BOYAmt |
| EOY | $7,241,618 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,156,536 | BOYAmt |
| EOY | $12,843,690 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,004,098 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 7 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (7 entries)
| Business Name Line2SupportedOrganizationName/BusinessNameLine2Txt | EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|---|
| CASE WESTERN RESERVE UNIVERSITY | |||||
| CASE WESTER RESERVE UNIVERSITY | 341018992 | 2 | Yes (true) | $7,500 | $0 |
| CLEVELAND STATE UNIVERSITY | |||||
| CLEVELAND STATE UNIVERSITY | 340966056 | 2 | Yes (true) | $53,950 | $0 |
| OHIO STATE UNIVERSITY | |||||
| OHIO STATE UNIVERSITY | 100161834 | 2 | Yes (true) | $40,400 | $0 |
| OHIO UNIVERSITY | |||||
| OHIO UNIVERSITY | 316402113 | 2 | Yes (true) | $36,900 | $0 |
| UNIVERSITY OF AKRON | |||||
| UNIVERSITY OF AKRON | 346002924 | 2 | Yes (true) | $30,900 | $0 |
| UNIVERSITY OF CINCINNATI | |||||
| UNIVERSITY OF CINCINNATI | 316000989 | 2 | Yes (true) | $9,000 | $0 |
| WRIGHT STATE UNIVERSITY | |||||
| WRIGHT STATE UNIVERSITY | 310732831 | 2 | Yes (true) | $28,500 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 7 | SupportedOrganizationsTotalCnt |
| Support Sum | $207,150 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (true) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | false | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 11H | FormAndLineReferenceDesc |
| Explanation | UNIVERSITY OF CINCINNATI 31-6000989 2 X 9,000 0 WRIGHT STATE UNIVERSITY 31-0732831 2 X 28,500 0 | ExplanationTxt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $90,041 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $90,041 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART IV | FormAndLineReferenceDesc |
| Explanation | SINCE ITS CREATION, IN PART, BY THE GOVERNOR OF STATE OF OHIO. THE OHIO AERO SPACE INSTITUTE (OAI) HAS EITHER RECEIVED OR SOUGHT TO RECEIVE OPERATING AND/OR CAPITAL FUNDS FROM THE STATE OF OHIO. IN THIS REGARD, OAI RETAINS THE SERVICES OF EXECUTIVE AGENCY LOBBYISTS AND LEGISLATIVE AGENTS TO PROVIDE LEGAL COUNSEL AND TO REPRESENT OAI IN FUNDING MEETINGS WITH THE STATE OF OHIO EXECUTIVE AND LEGISLATIVE OFFICIALS, ON OCCASION, OAI EXECUTIVE STAFF ATTENDS THESE MEETINGS AND PROVIDES BACKGROUND INFORMATION AS REQUESTED. IN ADDITION, THESE LOBBYISTS INTRODUCE OAI, ITS EXECUTIVE STAFF, AND ITS COLLABORATIVE PARTNERS TO KEY FEDERAL POLICYMAKERS IN THE PURSUIT OF FEDERAL POLICY AND FUNDING OPPORTUNITIES. SIMILARLY, OAI EXECUTIVE STAFF ATTENDS THESE MEETINGS AND PROVIDES BACKGROUND INFORMATION AS REQUESTED. TO ADVANCE THESE PRIORITIES, OAI REGULARLY UTILIZES E-MAIL AND OTHER MAILINGS TO GARNER VOLUNTARY SUPPORT FROM GOVERNMENT OFFICIALS AND THEIR STAFFS, AS WELL AS FROM OAI STAFF, MEMBERS AND COLLABORATIONS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (true) | AgentTrusteeEtcInd |
| Beginning Balance | $101,825 | BeginningBalanceAmt |
| Distributions During Year | $101,774 | DistributionsDuringYearAmt |
| Ending Balance | $51 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $7,001,237 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $627,692 | DepreciationAmt |
| Book Value | $6,373,545 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,373,545 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS | Desc |
| Amt | $4,294 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,294 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,213,958 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $24,213,958 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $24,213,958 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,209,860 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $23,209,860 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $23,209,860 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART IV, LINE 1B | OAI HOLDS FUNDS IN BOTH COMMINGLED AND SEPARATE BANK ACCOUNTS AND ACTS AS FISCAL AGENT FOR ON ENTITY. AT THE CONCLUSION OF THE RELATIONSHIP, OAI WILL REMIT ALL REMAINING CASH TO THE ENTITY. |
| SCHEDULE D, PAGE 2, PART IV, LINE 2B | OAI HOLDS FUNDS IN BOTH COMMINGLED AND SEPARATE BANK ACCOUNTS AND ACTS AS FISCAL AGENT FOR ON ENTITY. AT THE CONCLUSION OF THE RELATIONSHIP, OAI WILL REMIT ALL REMAINING CASH TO THE ENTITY. |
| SCHEDULE D, PAGE 3, PART X | THE INSTITUTE RECOGNIZED AND DISCLOSES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH GAAP. AS OF AND FOR THE YEAR ENDED JUNE 30, 2025, THE INSTITUTE DID NO HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| BALDWIN WALLACE UNIVERSITY | ||||||||
| 275 EASTLAND ROAD | BEREA | OH | 44017 | 340714629 | 501 C3 | $42,900 | OSGC SCHOLARSHIPS | |
| CEDARVILLE UNIVERSITY | ||||||||
| 251 NORTH MAIN STREET | CEDARVILLE | OH | 45314 | 310536647 | 501 C3 | $24,200 | OSGC SCHOLARSHIPS | |
| CENTRAL STATE UNIVERSITY | ||||||||
| 1400 BRUSH ROW ROAD | WILBERFORCE | OH | 45384 | 310675386 | 501 C3 | $21,500 | OSGC SCHOLARSHIPS | PO BOX 1004 |
| CLEVELAND STATE UNIVERSITY | ||||||||
| 2121 EUCLID AVENUE DR | CLEVELAND | OH | 44115 | 340966056 | 501 C3 | $53,950 | OSGC SCHOLARSHIPS | |
| KENT STATE UNIVERSITY | ||||||||
| 800 EAST SUMMIT STREET | KENT | OH | 44240 | 316402079 | 501 C3 | $25,500 | OSGC SCHOLARSHIPS | |
| MARIETTA COLLEGE | ||||||||
| 215 FIFTH STREET | MARIETTA | OH | 45750 | 314379584 | 501 C3 | $24,550 | OSGC SCHOLARSHIPS | |
| MIAMI UNIVERSITY | ||||||||
| 650 EAST HIGH STREET | OXFORD | OH | 45056 | 316402089 | 501 C3 | $36,900 | OSGC SCHOLARSHIPS | |
| OHIO NORTHERN UNIVERSITY | ||||||||
| 525 SOUTH MAIN STREET | ADA | OH | 45810 | 344429091 | 501 C3 | $40,900 | OSGC SCHOLARSHIPS | |
| OHIO STATE UNIVERSITY | ||||||||
| 2300 WEST CASE ROAD | COLUMBUS | OH | 43235 | 100161834 | 501 C3 | $40,400 | OSGC SCHOLARSHIPS | |
| OHIO UNIVERSITY | ||||||||
| 1 OHIO UNIVERSITY 214 WUSOC | ATHEN | OH | 45701 | 316402113 | 501 C3 | $36,900 | OSGC SCHOLARSHIPS | |
| UNIVERSITY OF AKRON | ||||||||
| 302 EAST BUCHTEL AVENUE | AKRON | OH | 44325 | 346002924 | 501 C3 | $30,900 | OSGC SCHOLARSHIPS | |
| UNIVERSITY OF CINCINNATI | ||||||||
| 2850 CAMPUS WAY | CINCINNATI | OH | 45221 | 316000989 | 501 C3 | $9,000 | OSGC SCHOLARSHIPS | |
| UNIVERSITY OF DAYTON | ||||||||
| 300 COLLEGE PARK | DAYTON | OH | 45469 | 310536715 | 501 C3 | $29,550 | OSGC SCHOLARSHIPS | |
| WILBERFORCE UNIVERSITY | ||||||||
| 1055 NORTH BICKETT ROAD | WILBERFORCE | OH | 45384 | 310604719 | 501 C3 | $18,000 | OSGC SCHOLARSHIPS | |
| WRIGHT STATE UNIVERSITY | ||||||||
| 3640 COLONEL GLENN HIGHWAY | DAYTON | OH | 45435 | 310732831 | 501 C3 | $28,500 | OSGC SCHOLARSHIPS | |
| YOUNGSTOWN STATE UNIVERSITY | ||||||||
| 1 UNIVERSITY PLAZA | YOUNGSTOWN | OH | 44555 | 341011998 | 501 C3 | $7,500 | OSGC SCHOLARSHIPS | |
| UNIVERSITY OF TOLEDO | ||||||||
| 2801 WEST BANCROFT STREET | TOLEDO | OH | 43606 | 346401483 | 501 C3 | $13,000 | OSGC SCHOLARSHIPS | |
| CASE WESTERN RESERVE UNIVERSITY | ||||||||
| 10900 EUCLID AVENUE | CLEVELAND | OH | 44106 | 341018992 | 501 C3 | $7,500 | OSGC SCHOLARSHIPS | |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $1,439,295 | CashGrantAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE PRIMARY TAX-EXEMPT PURPOSE IS TO FURTHER HUMAN SCIENTIFIC AND ENGINEERING KNOWLEDGE IN A BROAD ARRAY OF AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL AND DEVELOPMENTAL RESEARCH; TO BUILD OHIO'S AEROSPACE ECONOMY THROUGH RESEARCH AND TECHNOLOGY, EDUCATION AND TRAINING, AND COLLABORATION AND INFORMATION EXCHANGE. TO FURTHER THE SCIENTIFIC AND ENGINEERING EDUCATION OF DOCTORAL LEVEL GRADUATE AND CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO, AND TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH EDUCATION. TO SPONSOR, PROMOTE AND DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO; TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; AND TO DEVELOP AEROSPACE RESEARCH AND GRADUATE EDUCATION RESOURCES IN OHIO. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE EXEMPT ORGANIZATION GOVERNING BODY CONSISTS OF SEVEN MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE OAI HUMAN RESOURCE DEPARTMENT (HR) IS RESPONSIBLE FOR THE ELECTRONIC DISTRIBUTION, RETRIEVAL, STORAGE AND INITIAL FOLLOW-UP IN OBTAINING ANNUAL CONFLICT OF INTEREST FORMS FROM ALL OAI BOARD MEMBERS, STAFF AND VOLUNTEERS TO FURTHER ENSURE COMPLIANCE WITH THE POLICY, HR PROVIDES THE OAI VP, FINANCE AND OPERSTIONS, WITH A LIST OF DELINQUENT RESPONDENTS, IF ANY, FOR HIS REFERENCE AND ULTIMATE RESOLUTION. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE OAI EMPLOYEE COMPENSATION REVIEW PROCESS IN TRANSPARENT, YET CONFIDENTIAL, AND WELL-DOCUMENTED IN THE OAI POLICY MANUAL. EACH YEAR THAT PROCESS ESTABLISHES THE RECOMMENDED RANGE OF SALARY ADJUSTMENTS FRO ALL OAI EMPLOYEES FOR THE NEXT FISCAL YEAR IN TURN. THAT RANGE IS VETTED AMONG AND BETWEEN OAI SENIOR MANAGEMENT, PRESENTED TO THE OAI BOARD OF TRUSTEESM AND APPROVED WITHIN THE CONTEXT OF THE ANNUAL OAI OPERATING BUDGET FRAMEWORK. CHANGES IN COMPENSATION FOR ALL OAI STAFF ARE BASED UPON THE EMPLOYEES JOB PERFORMANCE AND DEPENDENT UPON THE UNDERLYING FINANCIAL CONDITION OF OAI ALSO SALARY INCREASES FOR INDIVIDUAL EMPLOYEES ARE BASED UPON MERIT; THERE ARE NO MANDATORY INCREASES DUE TO COST OF LIVING ADJUSTMENTS, LENGTH OF SERVICE, ETC. HR IS RESPONSIBLE FOR COORDINATING THE CONTINUING INTERNAL REVIEW OF ALL COMPENSATION BY MAKING CERTAIN THAT EACH JOB IS EVALUATED AND ASSIGNED A JOB GRADE AND SALARY RANGE. OAI HAS SEPARATE SALARY STRUCTURES FOR EXEMPT AND NON-EXEMPT CLASSIFICATIONS. ANNUALLY, HR LEADS AND MONITORS THE COMPENSATION REVIEW PROCESS TO ENSURE THAT COMPENSATION IS NONDISCRIMINATORY, COMPETITIVE , AND IN COMPLIANCE WITH FEDERAL, STATE AND LOCAL REGULATION. CONSEQUENTLY, HR ROUTINELY CONDUCTS COMPENSATION SURVEYS AND/OR UPDATES PREVIOUS SURVEYS PREPARED BY OAI'S INDEPENDENT COMPENSATION CONSULTANTS. OAI'S CHIEF EXECUTIVE OFFICER REVIEWS THE PERFORMANCE OF SENIOR OFFICERS AND UTILIZES THE SURVEY RESULTS TO ASSIST IN DETERMINING THEIR SALARY ADJUSTMENTS CONCURRENTLY, THE BOARD CHAIR WORKS IN CONCERT WITH HR TO RECOMMEND THE CEO'S COMPENSATION CHANGES. ALL OFFICER CHANGES ARE SHARED WITH THE FULL BOARD AND APPROVED AS PART OF THE ANNUAL OPERATING BUDGET CYCLE. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE OAI EMPLOYEE COMPENSATION REVIEW PROCESS IN TRANSPARENT, YET CONFIDENTIAL, AND WELL-DOCUMENTED IN THE OAI POLICY MANUAL. EACH YEAR THAT PROCESS ESTABLISHES THE RECOMMENDED RANGE OF SALARY ADJUSTMENTS FRO ALL OAI EMPLOYEES FOR THE NEXT FISCAL YEAR IN TURN. THAT RANGE IS VETTED AMONG AND BETWEEN OAI SENIOR MANAGEMENT, PRESENTED TO THE OAI BOARD OF TRUSTEESM AND APPROVED WITHIN THE CONTEXT OF THE ANNUAL OAI OPERATING BUDGET FRAMEWORK. CHANGES IN COMPENSATION FOR ALL OAI STAFF ARE BASED UPON THE EMPLOYEES JOB PERFORMANCE AND DEPENDENT UPON THE UNDERLYING FINANCIAL CONDITION OF OAI ALSO SALARY INCREASES FOR INDIVIDUAL EMPLOYEES ARE BASED UPON MERIT; THERE ARE NO MANDATORY INCREASES DUE TO COST OF LIVING ADJUSTMENTS, LENGTH OF SERVICE, ETC. HR IS RESPONSIBLE FOR COORDINATING THE CONTINUING INTERNAL REVIEW OF ALL COMPENSATION BY MAKING CERTAIN THAT EACH JOB IS EVALUATED AND ASSIGNED A JOB GRADE AND SALARY RANGE. OAI HAS SEPARATE SALARY STRUCTURES FOR EXEMPT AND NON-EXEMPT CLASSIFICATIONS. ANNUALLY, HR LEADS AND MONITORS THE COMPENSATION REVIEW PROCESS TO ENSURE THAT COMPENSATION IS NONDISCRIMINATORY, COMPETITIVE , AND IN COMPLIANCE WITH FEDERAL, STATE AND LOCAL REGULATION. CONSEQUENTLY, HR ROUTINELY CONDUCTS COMPENSATION SURVEYS AND/OR UPDATES PREVIOUS SURVEYS PREPARED BY OAI'S INDEPENDENT COMPENSATION CONSULTANTS. OAI'S CHIEF EXECUTIVE OFFICER REVIEWS THE PERFORMANCE OF SENIOR OFFICERS AND UTILIZES THE SURVEY RESULTS TO ASSIST IN DETERMINING THEIR SALARY ADJUSTMENTS CONCURRENTLY, THE BOARD CHAIR WORKS IN CONCERT WITH HR TO RECOMMEND THE CEO'S COMPENSATION CHANGES. ALL OFFICER CHANGES ARE SHARED WITH THE FULL BOARD AND APPROVED AS PART OF THE ANNUAL OPERATING BUDGET CYCLE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |