Skip to main content

Nonprofit · EIN 54-1797281

AIR & SPACE FORCES AID SOCIETY INC

Tax-exempt · ARLINGTON, VA 22202

Financials

$6.6M$12.9M2023$11.7M$17M2024
Revenue Expenses · by fiscal year end
Financials of AIR & SPACE FORCES AID SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,739,104$17,020,171-$5,281,067$244,865,018$721,525$244,143,493
December 31, 2023990$6,552,069$12,923,766-$6,371,697$235,435,094$1,147,287$234,287,807
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,647,130
Program service revenue
$0
Investment income
$7,942,313
Net gain from sales of assets
$3,661,958
Net income from fundraising events
-$181,157
Other revenue
$149,661

Expenses

Grants and similar amounts paid
$10,554,501
Compensation of officers, directors and key employees
$1,298,601
Other salaries and wages
$2,303,844
Salaries, compensation and benefits (total)
$4,689,355
Professional fundraising fees
$0
Legal fees
$65,702
Accounting fees
$72,566
Travel
$36,843
Depreciation
$193,964
Program services (functional)
$14,087,972
Management and general (functional)
$1,986,336
Fundraising (functional)
$945,863

Balance sheet and other

Total assets, start of year
$235,435,094
Total assets, end of year
$244,865,018
Total liabilities, end of year
$721,525
Net assets, end of year
$244,143,493
Land, buildings and equipment
$31,738
Publicly traded securities
$95,739,082
Net assets without donor restrictions
$241,719,615
Net assets with donor restrictions
$2,423,878
Gross unrelated business income
$151,714
Gross receipts
$53,939,845
Employees
48
Volunteers
22
Year formed
1942
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
EDWARD THOMAS JRCHIEF EXECUTIVE OFFICER
Officer
40$294,535$29,640
JESSICA BURRISCHIEF FINANCIAL OFFICER
Officer
40$254,658$30,217
KRISTINA L MCBRIDECHIEF OPERATING OFFICER
Officer
40$220,440$20,925
DIANA FAZYLOVACONTROLLER
Key employee
40$176,206$21,997
BEATRIZ SWANNOPERATIONS DIRECTOR
Highest-paid employee
40$168,420$18,726
STEVAN MILLERCHIEF DEVELOPMENT OFFICER
Officer
40$159,680$16,267
MICHELLE GENTRYDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$134,080$15,386
LISA M DONALDLOAN MGMT SUPERVISOR
Highest-paid employee
40$113,071$13,985
SARAH K MCNULTYEDUCATION PROGRAMS MANAGER
Highest-paid employee
40$113,673$10,664
NYVIA N AYALA CHIEFHR OFFICER UNTIL 02/2024
Officer
40$63,594$10,442
JAMES C REAGANPRESIDENT AND TRUSTEE
Trustee or director, Officer
2$0$0
KATHLEEN K BARCHICKVICE PRESIDENT AND TRUSTEE
Trustee or director, Officer
2$0$0
GEN DAVID W ALLVINTRUSTEE
Trustee or director
1$0$0
GINA ALLVINTRUSTEE
Trustee or director
1$0$0
JOANNE S BASSTRUSTEE UNTIL 03/2024
Trustee or director
1$0$0
19 more people on this return
NameTitleHours / weekCompensation
RAHN BASSTRUSTEE UNTIL 03/2024
Trustee or director
1$0
CMSSF JOHN BENTIVEGNATRUSTEE
Trustee or director
1$0
CATHY BENTIVEGNATRUSTEE
Trustee or director
1$0
MG MARK A BROWNTRUSTEE
Trustee or director
1$0
ELI A COHENTRUSTEE
Trustee or director
1$0
LTG JOHN DEGOESTRUSTEE
Trustee or director
1$0
CMSGT DANNY R DOUCETTETRUSTEE
Trustee or director
1$0
DAVID FLOSITRUSTEE
Trustee or director
1$0
KATI FLOSITRUSTEE
Trustee or director
1$0
MG MICHAEL A GREINERTRUSTEE
Trustee or director
1$0
HON ROBERT F HALETRUSTEE
Trustee or director
1$0
DR WILLIAM W JENNINGSTRUSTEE
Trustee or director
1$0
FRANK KENDALLTRUSTEE
Trustee or director
1$0
KEN MAILENDERTRUSTEE
Trustee or director
1$0
LTG CAROLINE MILLERTRUSTEE
Trustee or director
1$0
LTG CHARLES PLUMMERTRUSTEE
Trustee or director
1$0
CHERYL ROBERSONTRUSTEE
Trustee or director
1$0
GEN B CHANCE SALTZMANTRUSTEE
Trustee or director
1$0
JENNIFER SALTZMANTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 38 people
NameTitleHours / weekCompensationOther / benefits
JESSICA BURRISCHIEF FINANCIAL OFFICER
Officer
40$237,423$29,549
CMSAF KALETH O WRIGHTCEO (UNTIL 9/2023)
Officer
40$239,190$20,412
KRISTINA L MCBRIDECOO
Officer
40$206,198$20,190
JOHN A FARRELL IIICOO (UNTIL 8/2023)
Officer
40$202,303$22,152
NYVIA N AYALACHIEF HR OFFICER
Officer
40$166,250$16,734
DIANA FAZYLOVACONTROLLER
Key employee
40$162,825$19,665
BEATRIZ SWANNOPERATIONS DIRECTOR
Highest-paid employee
40$142,235$18,138
LISA M DONALDLOAN MGMT SUPERVISOR
Highest-paid employee
40$141,379$17,838
ROBERT YORKCMAO (UNTIL 8/2023)
Officer
40$114,267$10,301
SARAH K MCNULTYEDUCATION PROGRAMS MANAGER
Highest-paid employee
40$106,728$10,556
NAKEECHA L PUMPHREYEXECUTIVE ASSISTANT
Highest-paid employee
40$100,839$9,922
JAMES C REAGANPRESIDENT AND TRUSTEE
Trustee or director, Officer
2$0$0
KATHLEEN K BARCHICKVICE PRESIDENT AND TRUSTEE
Trustee or director, Officer
2$0$0
JOANNE S BASSTRUSTEE
Trustee or director
1$0$0
RAHN BASSTRUSTEE
Trustee or director
1$0$0
MG MARK A BROWNTRUSTEE
Trustee or director
1$0$0
ELI A COHENTRUSTEE
Trustee or director
1$0$0
CMSGT DANNY R DOUCETTETRUSTEE
Trustee or director
1$0$0
MG MICHAEL A GREINERTRUSTEE
Trustee or director
1$0$0
HON ROBERT F HALETRUSTEE
Trustee or director
1$0$0
DR WILLIAM W JENNINGSTRUSTEE
Trustee or director
1$0$0
FRANK KENDALLTRUSTEE
Trustee or director
1$0$0
KEN MAILENDERTRUSTEE
Trustee or director
1$0$0
LTG ROBERT MILLERTRUSTEE
Trustee or director
1$0$0
LTG CAROLINE MILLERTRUSTEE
Trustee or director
1$0$0
LTG CHARLES PLUMMERTRUSTEE
Trustee or director
1$0$0
CHERYL ROBERSONTRUSTEE
Trustee or director
1$0$0
GEN B CHANCE SALTZMANTRUSTEE
Trustee or director
1$0$0
JENNIFER SALTZMANTRUSTEE
Trustee or director
1$0$0
CMSSF JOHN BENTIVEGNATRUSTEE (AS OF 9/2023)
Trustee or director
1$0$0
CATHY BENTIVEGNATRUSTEE (AS OF 9/2023)
Trustee or director
1$0$0
GEN DAVID W ALLVINTRUSTEE (AS OF 11/2023)
Trustee or director
1$0$0
GINA ALLVINTRUSTEE (AS OF 11/2023)
Trustee or director
1$0$0
CMSGT DENNIS L FRITZTRUSTEE (UNTIL 6/2023)
Trustee or director
1$0$0
GEN CHARLES Q BROWNTRUSTEE (UNTIL 9/2023)
Trustee or director
1$0$0
SHARENE BROWNTRUSTEE (UNTIL 9/2023)
Trustee or director
1$0$0
RACHEL RUSHTRUSTEE (UNTIL 9/2023)
Trustee or director
1$0$0
CMSGT ROGER A TOWBERMANTRUSTEE (UNTIL 9/2023)
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1550 CRYSTAL DR STE 809, ARLINGTON, VA 22202-4140
Principal officer (990 for 2024)
MAJOR GENERAL EDWARD THOM, 1550 CRYSTAL DRIVE 809, ARLINGTON, VA 22202
Signed the 990
DIANA FAZYLOVA, ACTING CHIEF FINANCIAL OFFICER
Phone
(703) 972-2650
Return prepared by
CBIZ ADVISORS LLC

Mission

SUPPORT AIRMEN AND GUARDIANS BY RELIEVING EMERGENCY FINANCIAL DISTRESS, HELPING FAMILIES ACHIEVE THEIR EDUCATIONAL GOALS, AND IMPROVING THE QUALITY OF AIR AND SPACE FORCE LIFE.

990 for the year ended December 31, 2024

Program accomplishments

  • EMERGENCY ASSISTANCE: THIS PROGRAM PROVIDES INTEREST FREE LOANS AND GRANTS TO AIR AND SPACE FORCE MEMBERS, RETIREES AND WIDOWS BASED ON THE INDIVIDUAL SITUATION. THESE LOANS AND GRANTS ARE PROVIDED TO MEET IMMEDIATE FINANCIAL NEEDS IN AN EMERGENCY SITUATION AS A STEP TOWARD A LASTING SOLUTION TO A PROBLEM. ELIGIBLE MEMBERS MAY APPLY THROUGH A STANDARD OF FALCON LOAN APPLICATION. THE SOCIETY STARTED THE FALCON LOAN PROGRAM IN MARCH 2008 TO MAKE EMERGENCY ASSISTANCE FUNDS READILY ACCESSIBLE TO AIR AND SPACE FORCE MEMBERS IN NEED BY STREAMLINING THE APPLICATION PROCESS. THE FALCON LOAN PROGRAM PROVIDES INTEREST-FREE LOANS OF UP TO $1,500 TO ASSIST WITH EMERGENCY FINANCIAL NEEDS.
    Expenses $7,950,713 · grants $6,160,907
  • EDUCATIONAL ASSISTANCE: THE GENERAL H. H. ARNOLD EDUCATION GRANT PROGRAM PROVIDES NEEDS-BASED GRANTS TO SONS, DAUGHTERS, AND SPOUSES OF THE AIR AND SPACE FORCE MEMBERS WHO ARE ENROLLED FULL TIME IN UNDERGRADUATE PROGRAMS. THE AMOUNT OF THE GRANT A STUDENT RECEIVES IS BASED ON THE FINANCIAL NEED OF THE FAMILY AND RANGES FROM $2,000 TO $5,000.IN ADDITION TO NEEDS-BASED GRANTS, THE SOCIETY ALSO PROVIDES $5,000 MERIT-BASED SCHOLARSHIPS TO THE TOP INCOMING COLLEGE AND UNIVERSITY FRESHMEN STUDENTS. THE SELECTION PROCESS INVOLVES THE EVALUATION OF CUMULATIVE GPA, HIGH SCHOOL TRANSCRIPTS, AND A WRITTEN ESSAY ON A SPECIFIC TOPIC DESIGNATED BY THE SOCIETY.
    Expenses $4,135,211 · grants $3,715,443
  • COMMUNITY ENHANCEMENT: THIS PROGRAM INCLUDES INDIVIDUAL PROGRAMS IN FOUR MAIN AREAS: CHILDCARE, PARENTING, AND SPOUSE (EDUCATION/ORIENTATION/JOB SKILLS). THESE PROGRAMS ARE DESIGNED TO IMPROVE QUALITY OF LIFE AND MEET CURRENT AND EMERGING NEEDS OF AIR FORCE MEMBERS DURING ALL STAGES OF THEIR CAREER/LIFE.
    Expenses $2,002,048 · grants $678,151

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-1797281
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$244,865,018
Income (IRS master file)
$53,939,845

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,739,104$17,020,171$244,865,018IRS
990-TDecember 2024–––IRS
990December 2023$6,552,069$12,923,766$235,435,094XML
990-TDecember 2023–––IRS
990December 2022$5,323,308$13,275,816$223,375,732IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1797281).

Questions about AIR & SPACE FORCES AID SOCIETY INC

What is the EIN of AIR & SPACE FORCES AID SOCIETY INC?
The employer identification number (EIN) of AIR & SPACE FORCES AID SOCIETY INC is 54-1797281.
Is AIR & SPACE FORCES AID SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to AIR & SPACE FORCES AID SOCIETY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AIR & SPACE FORCES AID SOCIETY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AIR & SPACE FORCES AID SOCIETY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AIR & SPACE FORCES AID SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AIR & SPACE FORCES AID SOCIETY INC?
The 990 for the year ended December 31, 2024 names MAJOR GENERAL EDWARD THOM.
Who are the officers and directors of AIR & SPACE FORCES AID SOCIETY INC?
The 990 for the year ended December 31, 2024 lists 34 people; 10 received compensation from the organization, the highest $294,535 (EDWARD THOMAS JR, CHIEF EXECUTIVE OFFICER).
How much revenue does AIR & SPACE FORCES AID SOCIETY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,739,104, expenses of $17,020,171 and total assets of $244,865,018 at year end.

Other nonprofits in ARLINGTON

All nonprofits in ARLINGTON · Virginia · Public and societal benefit