NonprofitsVertical Aviation International Inc

Vertical Aviation International Inc

ALEXANDRIA, VA

Total revenue

$19.4M

Total expenses

$19.9M

Net assets

$23.3M

Grants received

EIN

530261213

Tax year

2023

Mission

To provide vertical aviation operations, safety, and encourage professionalism.

Programs

2 programs

Membership: Provide VAI members with services that directly benefit their operations and advance the international helicopter industry by providing programs that enhance safety and encourage professionalism and economic viability while promoting the unique contributions vertical flight offers to society. Exclusive VAI member benefits include: direct access to VAI technical, regulatory, and legislative staff; membership in VAI working groups; legislative resources and updates; visibility for member company news in rotor media; member company employment listings on VAI partner's job board; programs to elevate member company's level of safety, including SMS, ASAP, and frat programs; and discounts on attending or exhibiting at VAI events, on HAI education courses, or on advertising in VAI media.

Government Affairs: VAI is dedicated to promoting vertical flight as a safe, effective tool for business and to advancing the international rotorcraft community, which includes helicopters, tiltrotors, vertical-lift unmanned aircraft systems, and the developing field of advanced air mobility. VAI advocates for expanding the use of vertical flight, on behalf of our members and for the benefit of society, with legislators, regulators, and government agencies around the world. VAI's diligent work against burdensome regulations and advocating to ensure a safe, sustainable, and economically viable future for our industry is at the forefront of everything we do.

Financials

FY 2023

Revenue

Contributions & grants$246K
Program service revenue$14.5M
Investment income$1.5M
Other revenue$3.2M
Total revenue$19.4M

Expenses

Grants paid$203K
Salaries & benefits$6.5M
Fundraising
Other expenses$13.2M
Total expenses$19.9M
Total assets$60.1M
Net assets$23.3M

People

21 listed

NameRoleCompensation

James Viola

President and CEO

Board

$741K

40 hrs/wk

Roxanne Fox

Chief of Staff (Term. 6/2023)

Board

$252K

40 hrs/wk

Sarah Arnold

Corporate Secretary

Board

$137K

40 hrs/wk

H Bryan Brewer III

Legal Advisor

Board

1 hrs/wk

Nicole Battjes

Chair

Board

1 hrs/wk

Francois Lassale

Special Advisor

Board

1 hrs/wk

Jonathan Daniels

Special Advisor

Board

1 hrs/wk

Mark Schlaefli

Vice Chair

Board

1 hrs/wk

Rick Kenin

Treasurer

Board

1 hrs/wk

Brian Jorgenson

Assistant Treasurer

Board

1 hrs/wk

Paul Gottwig

Director

Board

1 hrs/wk

David McColl

Director

Board

1 hrs/wk

Randal Rowles

Director

Board

1 hrs/wk

Stacy Sheard

Director

Board

1 hrs/wk

Robert Stallings

Director

Board

1 hrs/wk

Michael Hertzendorf

Chief Operating Officer

Staff

$240K

40 hrs/wk

Cade Clark

VP of Government Affairs

Staff

$225K

40 hrs/wk

Christopher Martino

VP of Operations

Staff

$193K

40 hrs/wk

Christopher Hill

Director of Safety

Staff

$179K

40 hrs/wk

Regina Kvitovich

Director of Publications

Staff

$166K

40 hrs/wk

Daniel Sweet

Director of Public Relations

Staff

$152K

40 hrs/wk

Independent contractors

The Wyman Company

Consulting Services

$409K

Crowell & Moring

Legal Services

$380K

Yes & Holdings LLC

Web Design

$313K

Vlinc Corporation

Consulting Services

$254K

Beyond Definition

Consulting Services

$235K

Details

EIN530261213
Subsection06
Ruling date1990-05
Formed1988
Employees41
Volunteers12
VERTICAL AVIATION INTERNATIONAL INC — Mission, Financials & Grants Received | Grantivo