Societe International De Telecommunications & Aeronautiques
- Assets
- $404.6m
- Revenue
- $437.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Atlanta, GA
- Founding
- 01/1999
- Data as of
- 12/2020
- EIN
- 11-2133344
Organization Overview
Societe International De Telecommunications & Aeronautiques is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Societe International DE Telecommunications & Aeronautiques is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2020, Societe International DE Telecommunications & Aeronautiques generated $437.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $437.2m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A COOPERATIVE TELECOMMUNICATIONS INFRASTRUCTURE WORLDWIDE TO PROMOTE SAFE AND EFFICIENT AIR TRAVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A COOPERATIVE TELECOMMUNICATIONS INFRASTRUCTUREWORLDWIDE TO PROMOTE SAFE AND EFFICIENT AIR TRAVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonia Barriere Director | Trustee | 1 | $61,000 |
Emese Bekessy Director | Trustee | 1 | $61,000 |
Frederic Gagey Director | Trustee | 1 | $66,000 |
Elizabeth Haun Director | Trustee | 1 | $63,000 |
Omar Jefri Director | Trustee | 1 | $79,000 |
Dirk John Director | Trustee | 1 | $55,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Orange Business Telecommunications Servi Data Networks Services | 12/30/20 | $130,889,415 |
Inmarsat Data Networks Services | 12/30/20 | $39,231,755 |
Orange Business Services Data Networks Services | 12/30/20 | $26,197,568 |
Coforge Data Networks Services | 12/30/20 | $20,612,065 |
Mindtree Consulting Limited Data Networks Services | 12/30/20 | $15,469,010 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $378,423,191 |
| Investment income | $286,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $437,176,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $250,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,316,301 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,007,962 |
| Pension plan accruals and contributions | $13,141,363 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,935,232 |
| Advertising and promotion | $0 |
| Office expenses | $126,460,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,809,674 |
| Travel | $449,543 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,661,874 |
| Insurance | $1,081,331 |
| All other expenses | -$2,448,775 |
| Total functional expenses | $437,176,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,469,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,590,725 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,813,040 |
| Net Land, buildings, and equipment | $24,874,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $259,770,073 |
| Total assets | $404,617,096 |
| Accounts payable and accrued expenses | $216,619,314 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $18,063,891 |
| Other liabilities | $169,895,664 |
| Total liabilities | $404,578,869 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $38,227 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $404,617,096 |