2026-05-14T16:25:33-04:00 2025-06-30 311339842 SWINDON SPRINGER & COMPANY INC CPAS 4130 GIBSON DRIVE TIPP CITY OH 45371 990 2024-07-01 341621676 OHIO AEROSPACE INSTITUTE OHIO 4409623000 22800 CEDAR POINT ROAD BROOKPARK OH 44142 CHRIS HOCEVAR CFO & TREASURER 9377051000 2026-05-11 true false JOSEPH J SPRINGER CPA P00343403 9376677771 2026-05-14 2024 2025-03-06 01:10:19Z DENNIS ANDERSH 24213958 false X WWW.OAI.ORG X 1989 OH 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. 7 6 0 0 16226834 150625 454211 23633970 54268 87106 323642 342257 17058955 24213958 1949962 1945945 0 5976621 6300561 0 0 9076544 14963354 17003127 23209860 55828 1004098 14156536 12843690 7919016 5602072 6237520 7241618 X 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. false false 21666198 1945945 23633970 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. 21666198 true false false true false false false false true false true false false false true true true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false 36 0 true 0 false false false false false false false false X 7 6 false false false false true false false true true false false false true true true true true true true false OH X CHRIS HOCEVAR 4409623000 22800 CEDAR POINT ROAD BROOKPARK OH 44142 X DENNIS ANDERSH CEO & PRESID 40.00 X X 0 0 0 DR CHRISTINA BLOEBAUM DIRECTOR 0.00 X 0 0 0 GAIL DOMAN-SMITH DIRECTOR 0.00 X 0 0 0 LLOYD FIELDS DIRECTOR 0.00 X 0 0 0 DR CARLOS GRODSINSKY DIRECTOR 0.00 X 0 0 0 WAYNE DENNY JR BOARD CHAIR 0.00 X X 0 0 0 LT GEN RET CD MOORE DIRECTOR 0.00 X 0 0 0 CHRIS HOCEVAR CFO & TREASU 40.00 X 0 0 0 LEIGH OLDHAM VP OF HR & S 40.00 X 0 0 0 false false false TKE (TK ELEVATOR CORP) PO BOX 3796 CAROL STREAM IL 60132 ELEVATOR 240857 THE GEOPFERT COMPANY 1024 HOME AVE AKRON OH 44310 BOILERS 173596 REDBIRD FLIGHT SIMULATIONS 301 VISTA RIDGE DRIVE KYLE TX 78640 FLIGHT SIMULATO 153766 MCCAULLEY & COMPANY LLC 19660 ROSLYN DRIVE ROCKY RIVER OH 44116 STRATEGIC PLANN 120000 4 150625 150625 PROGRAM SERVICES 23633970 23633970 23633970 87106 87106 342257 342257 342257 342257 24213958 23633970 429363 506650 506650 1439295 1439295 5067702 4715497 352205 463873 431634 32239 417598 388575 29023 351388 326967 24421 1105 1105 35859 1850 34009 90041 90041 169525 82016 87509 394478 156450 238028 114634 97072 17562 152232 148015 4217 278462 278462 65027 15392 49635 CONSULTANTS 13459883 13281232 178651 SOFTWARE SUBSCRIPTIONS 125922 75553 50369 OTHER EXPENSE 59949 59949 BANK FEES 16237 16237 23209860 21666198 1543662 0 2036520 2006181 298811 48151 5408975 4376054 219193 39708 7001237 627692 6091212 6373545 101825 51 14156536 12843690 4167259 2378145 3527538 3219582 101825 51 122394 4294 7919016 5602072 X 2640896 3903434 3596624 3338184 6237520 7241618 14156536 12843690 1004098 X false true X true true true X X 7 CASE WESTERN RESERVE UNIVERSITY CASE WESTER RESERVE UNIVERSITY 341018992 2 true 7500 0 CLEVELAND STATE UNIVERSITY CLEVELAND STATE UNIVERSITY 340966056 2 true 53950 0 OHIO STATE UNIVERSITY OHIO STATE UNIVERSITY 100161834 2 true 40400 0 OHIO UNIVERSITY OHIO UNIVERSITY 316402113 2 true 36900 0 UNIVERSITY OF AKRON UNIVERSITY OF AKRON 346002924 2 true 30900 0 UNIVERSITY OF CINCINNATI UNIVERSITY OF CINCINNATI 316000989 2 true 9000 0 WRIGHT STATE UNIVERSITY WRIGHT STATE UNIVERSITY 310732831 2 true 28500 0 7 207150 0 true false false false false false false false false false false false false false false true false PART I, LINE 11H UNIVERSITY OF CINCINNATI 31-6000989 2 X 9,000 0 WRIGHT STATE UNIVERSITY 31-0732831 2 X 28,500 0 false true false false false false true 90041 false false 90041 false SCHEDULE C, PART IV 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. true 101825 101774 51 true X 7001237 627692 6373545 6373545 DEPOSITS 4294 4294 X 24213958 24213958 24213958 23209860 23209860 23209860 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. false BALDWIN WALLACE UNIVERSITY 275 EASTLAND ROAD BEREA OH 44017 340714629 501 C3 42900 OSGC SCHOLARSHIPS CEDARVILLE UNIVERSITY 251 NORTH MAIN STREET CEDARVILLE OH 45314 310536647 501 C3 24200 OSGC SCHOLARSHIPS CENTRAL STATE UNIVERSITY 1400 BRUSH ROW ROAD PO BOX 1004 WILBERFORCE OH 45384 310675386 501 C3 21500 OSGC SCHOLARSHIPS CLEVELAND STATE UNIVERSITY 2121 EUCLID AVENUE DR CLEVELAND OH 44115 340966056 501 C3 53950 OSGC SCHOLARSHIPS KENT STATE UNIVERSITY 800 EAST SUMMIT STREET KENT OH 44240 316402079 501 C3 25500 OSGC SCHOLARSHIPS MARIETTA COLLEGE 215 FIFTH STREET MARIETTA OH 45750 314379584 501 C3 24550 OSGC SCHOLARSHIPS MIAMI UNIVERSITY 650 EAST HIGH STREET OXFORD OH 45056 316402089 501 C3 36900 OSGC SCHOLARSHIPS OHIO NORTHERN UNIVERSITY 525 SOUTH MAIN STREET ADA OH 45810 344429091 501 C3 40900 OSGC SCHOLARSHIPS OHIO STATE UNIVERSITY 2300 WEST CASE ROAD COLUMBUS OH 43235 100161834 501 C3 40400 OSGC SCHOLARSHIPS OHIO UNIVERSITY 1 OHIO UNIVERSITY 214 WUSOC ATHEN OH 45701 316402113 501 C3 36900 OSGC SCHOLARSHIPS UNIVERSITY OF AKRON 302 EAST BUCHTEL AVENUE AKRON OH 44325 346002924 501 C3 30900 OSGC SCHOLARSHIPS UNIVERSITY OF CINCINNATI 2850 CAMPUS WAY CINCINNATI OH 45221 316000989 501 C3 9000 OSGC SCHOLARSHIPS UNIVERSITY OF DAYTON 300 COLLEGE PARK DAYTON OH 45469 310536715 501 C3 29550 OSGC SCHOLARSHIPS WILBERFORCE UNIVERSITY 1055 NORTH BICKETT ROAD WILBERFORCE OH 45384 310604719 501 C3 18000 OSGC SCHOLARSHIPS WRIGHT STATE UNIVERSITY 3640 COLONEL GLENN HIGHWAY DAYTON OH 45435 310732831 501 C3 28500 OSGC SCHOLARSHIPS YOUNGSTOWN STATE UNIVERSITY 1 UNIVERSITY PLAZA YOUNGSTOWN OH 44555 341011998 501 C3 7500 OSGC SCHOLARSHIPS UNIVERSITY OF TOLEDO 2801 WEST BANCROFT STREET TOLEDO OH 43606 346401483 501 C3 13000 OSGC SCHOLARSHIPS CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND OH 44106 341018992 501 C3 7500 OSGC SCHOLARSHIPS 1439295 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