Aerospace Industry Association

Community development organization based in Rochester, MI. 3 employees. Exempt under §501(c)(6).

MissionA platform for aerospace leaders in the state to work together on a common set of priorities to strengthen and support the continued growth in the industry through talent attraction and new investment in Michigan

EIN
82-2502157
State
MI
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$658K
Total revenue
$714K
Total expenses
$274K
Net assets

Financial health · TY 2024

26
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
16
2.9 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
100
Mix of program fees, grants & contributions

Leadership compensation

Tony Vernaci
President
$187,180
75th percentile vs. peers

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Aerospace Industry Association Executive Compensation | 990 Data | DoubleNine