American Helicopter Society International Inc
- Assets
- $2.3m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Fairfax, VA
- Founding
- 05/2013
- Data as of
- 12/2022
- EIN
- 13-1953506
Organization Overview
American Helicopter Society International Inc is located in Fairfax, VA. The organization was established in 2013. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, American Helicopter Society International Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Helicopter Society International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Helicopter Society International Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN HELICOPTER SOCIETY (AHS) IS THE WORLD'S OLDEST AND LARGEST TECHNICAL SOCIETY DEDICATED TO ENHANCING THE UNDERSTANDING OF VERTICAL FLIGHT TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES: INCLUDES BUT IS NOT LIMITED TO PROVIDING TECHNICAL INFORMATIONAND TO PROVIDE A VEHICLE TO EXCHANGE INFORMATION WHICH WILL LEAD TO THE ADVANCEMENTOF VERTICAL FLIGHT TECHNOLOGY. WORK WITH LOCAL CHAPTERS TO DISSEMINATE INFORMATION.THERE ARE APPROXIMATELY 6,200 MEMBERS.
ANNUAL FORUM - PROVIDE A FORUM FOR EXCHANGE OF TECHNICAL & DEVELOPMENTAL INFORMATIONWITH RESPECT TO VERTICAL FLIGHT TECHNOLOGY - MATERIAL IS MAINTAINED AND DISTRIBUTEDTO HELP ADVANCE VERTICAL FLIGHT TECHNOLOGY. DUE TO THE PANDEMIC, THE FORUM WAS HELDVIRTUALLY.
COMMUNICATIONS - PROVIDE INFORMATION PERTAINING TO VERTICAL FLIGHT TECHNOLGY THROUGHTWO TRADE JOURNALS. IN ADDITION TECHNICAL PAPERS ARE AVAILABLE TO MEMBERS ANDAVAILABLE FOR PURCHASE BY THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hirschberg Executive Director | 40 | $211,865 | |
Tomasz Krysinski Chairman | OfficerTrustee | 6 | $0 |
Mark Cherry President | OfficerTrustee | 4 | $0 |
Harry Nahatis Treasurer | OfficerTrustee | 4 | $0 |
Dr Mahendra Bhagwat Technical Direc | OfficerTrustee | 4 | $0 |
John Lindsay Vice President | OfficerTrustee | 4 | $0 |
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 | $2,789,733 |
| Investment income | $0 |
| 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 | $2,800,513 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $211,865 |
| Compensation of current officers, directors, key employees. | $31,780 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $643,806 |
| Pension plan accruals and contributions | $24,656 |
| Other employee benefits | $66,756 |
| Payroll taxes | $63,441 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $588 |
| Fees for services: Accounting | $54,158 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $121,902 |
| Office expenses | $3,761 |
| Information technology | $74,127 |
| Royalties | $0 |
| Occupancy | $64,886 |
| Travel | $16,129 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $434,932 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,367 |
| Insurance | $2,573 |
| All other expenses | $77,157 |
| Total functional expenses | $2,895,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $436,862 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $316,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $62,379 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $168,506 |
| Net Land, buildings, and equipment | $11,034 |
| Investments—publicly traded securities | $1,288,520 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,652 |
| Total assets | $2,289,103 |
| Accounts payable and accrued expenses | $66,633 |
| Grants payable | $0 |
| Deferred revenue | $1,244,860 |
| 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 | $0 |
| Other liabilities | $183,133 |
| Total liabilities | $1,494,626 |
| Net assets without donor restrictions | $794,477 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $2,289,103 |