NonprofitsUnd Aerospace Foundation

Education

Und Aerospace Foundation

GRAND FORKS, ND

Total revenue

$37.3M

Total expenses

$25.6M

Net assets

$94.5M

Grants received

$1.3M

9 grants

EIN

450390485

Tax year

2023

Mission

Education in the field of aerospace.

Programs

3 programs

Flight training center - flight training delivered to student pilots outside of the Grand Forks campus, primarily students enrolled in community college programs. Location is Mesa, Arizona and with 49,960 flight hours during the year.

Expenses: $13.7M

Aircraft and simulator rental - rental receipts for aircraft and simulators for use at Grand Forks campus for flight training, primarily for use with the undergraduate students enrolled at the University of North Dakota. Assets include aircraft and simulators.

Expenses: $4K

Other programs include FAA testing center, software development, and aerospace merchandise sales.

Expenses: $2.3M

Financials

FY 2023

Revenue

Contributions & grants$8.1M
Program service revenue$26.6M
Investment income$1.2M
Other revenue$1.3M
Total revenue$37.3M

Expenses

Grants paid$318K
Salaries & benefits$7.6M
Fundraising$94K
Other expenses$17.7M
Total expenses$25.6M
Total assets$109.6M
Net assets$94.5M

People

15 listed

NameRoleCompensation

Charles Pineo

Chief Executive Officer

Board

$359K

40 hrs/wk

Cara Miller

Chief Financial Officer

Board

$211K

40 hrs/wk

Larry Martin

Chair

Board

$30K

5 hrs/wk

David Williamson

Director

Board

$18K

1 hrs/wk

James Bunke

Director

Board

$18K

1 hrs/wk

Karen Nyberg

Director

Board

$18K

1 hrs/wk

John Odegard

Director

Board

$18K

1 hrs/wk

Charles Kluenker

Director

Board

$11K

1 hrs/wk

Charles Ahearn

Director

Board

1 hrs/wk

Dick McConn

Director

Board

1 hrs/wk

Robert Kraus

President

Board

5 hrs/wk

Clay Lacy

Director

Board

1 hrs/wk

Dana Sande

Vice President of Business

Staff

$270K

40 hrs/wk

Rex GinderAssociated

Director of Phoenix Flight Operations

Staff

$128K

40 hrs/wk

Chad Martin

Aircraft Sales & Project Manager

Staff

$126K

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$142K
GENERAL OPERATING SUPPORT
2023
$500K
UNRESTRICTED GENERAL SUPPORT
2022
$353K
VETERANS SCHOLARSHIP PROGRAM SUPPORT
2022
$10K
SCHOLARSHIP
2022
$6K
TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION.
2022
Aerospace Studies
2021
$50K
Aerospace Studies
2020
Aerospace Studies
2020
$200K
UNRESTRICTED GENERAL SUPPORT
2019

Funded by

$1.3M from 6 funders · 9 grants · 2019–2023

Morgan Stanley Global Impact Funding Trust Inc

$700K · 2 grants · 2019–2022

Ray Foundation Inc

$353K · 1 grant · 2022

Si Robin Foundation

$192K · 3 grants · 2020–2023

Karl M Johnson Foundation

$10K · 1 grant · 2022

Mary E Bazar-Robin Foundation

· 1 grant · 2020

Details

EIN450390485
NTEE codeB11
Subsection03
Ruling date2001-01
Formed1985
Employees210
Volunteers2
UND AEROSPACE FOUNDATION — Mission, Financials & Grants Received | Grantivo