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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Beck Senior VP And General Coun | 40 | $526,217 | |
Sebastien Fabre CEO Of Sita For Aircraft | Officer | 40 | $485,542 |
Francoise Herouin VP Partnership Management | 40 | $414,426 | |
Dan Ebbinghaus Senior Vp, Strategy & Part | 40 | $407,827 | |
Olivier Delelis Head Of Corp Finance | 40 | $394,752 | |
Jean-Frederic Nicollier Sr. Dir. Internal Audit & Rm | 40 | $352,990 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Orange Business Services Data Networks Services | 12/30/20 | $26,197,568 |
Orange Business Telecommunications Servi Data Networks Services | 12/30/20 | $130,889,415 |
Inmarsat Data Networks Services | 12/30/20 | $39,231,755 |
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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Societe International De Telecommunications & Aeronautiques Atlanta, GA | $404,617,096 | $437,176,209 |
Twin Lakes Telephone Cooperative Corporation Gainesboro, TN | $182,271,537 | $62,867,275 |
North Central Telephone Cooperative Corp Lafayette, TN | $151,550,123 | $41,901,963 |
West Carolina Rural Telephone Cooperative Inc Abbeville, SC | $138,539,620 | $33,803,232 |
Sandhill Rural Telephone Cooperative Inc Jefferson, SC | $67,342,746 | $27,096,055 |
Ben Lomand Rural Telephone Cooperative Inc Mcminnville, TN | $135,020,409 | $32,327,349 |
Dekalb Telephone Cooperative Alexandria, TN | $99,962,174 | $26,158,817 |
Bledsoe Telephone Cooperative Pikeville, TN | $52,661,532 | $24,894,746 |
Palmetto Rural Telephone Cooperative Inc Walterboro, SC | $95,544,834 | $23,786,093 |
Pineland Telephone Cooperative Inc Metter, GA | $116,547,882 | $20,356,122 |
Highland Telephone Cooperative Inc Sunbright, TN | $81,089,190 | $24,131,946 |
Bulloch County Rural Telephone Cooperative Inc Statesboro, GA | $84,501,417 | $18,614,322 |