ARMY AVIATION ASSOCIATION OF AMERICA INC

EIN: 066041235

MONROE, CT

Total Revenue
$7,782,660
Total Expenses
$7,338,093
Total Assets
$12,994,939
Net Assets
$6,130,892
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
CT
Principal Officer
WILLIAM HARRIS
Phone
2032682450
Tax Period
2023-01-01 to 2023-12-31

ARMY AVIATION ASSOCIATION OF AMERICA INC, founded in 1957, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $7.3M left a modest 6% surplus.

Mission

TO SUPPORT THE UNITED STATES ARMY AVIATION SOLDIER AND FAMILY.

Program Service Accomplishments

Program 1
Expenses: $3,235,105 Revenue: $5,595,431

ANNUAL CONVENTION AND SYMPOSIUMS - EXPENSES INCURRED TO CONDUCT AND ANNUAL CONVENTION FOR ALL CHAPTER MEMBERS AND OTHER SUPPORTING GROUPS AND THREE AVIATION SYMPOSIUMS.

Program 2
Expenses: $3,822,307

TO SUPPORT ARMY AVIATION ASSOCIATION OF AMERICA SCHOLARSHIP FOUNDATION, ANNUAL LIFE MEMBERSHIP FEE,AAAA NATIONAL BOARD ACTIVITIES CHAPTER EXPENSES AND ALLOCATION BY THE NATIONAL EXEC. BOARD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $488,769
Program Service Revenue $6,953,537
Investment Income $329,367
Other Revenue $10,987
TOTAL REVENUE $7,782,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,057,412
Other Expenses $7,338,093
TOTAL EXPENSES $7,338,093

Year-over-Year Comparison

2023 2022 Change
Revenue $7,782,660 $5,826,615 +0.3%
Expenses $7,338,093 $5,592,385 +0.3%
Net Income $444,567 $234,230 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
69
Independent Members
69
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
69
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MG WALTER L DAVIS PRESIDENT 1.00
Officer Director
$0 $0 $0
MG WALTER M GOLDEN JR SENIOR VP 1.00
Officer Director
$0 $0 $0
MG K TODD ROYAR SECRETARY 1.00
Officer Director
$0 $0 $0
BG TIMOTHY J EDENS TREASURER 1.00
Officer Director
$0 $0 $0
LTC JAN S DRABCZUK VP OF CHAPTERS 1.00
Officer Director
$0 $0 $0
CW4 BECKI CHAMBERS VP MEMBERSHIP 1.00
Officer Director
$0 $0 $0
COL MICHELLE F YARBOROUGH TRUSTEE 1.00
Director
$0 $0 $0
BG HARRY H BENDORF TRUSTEE 1.00
Director
$0 $0 $0
CW5 DANIEL R CURRY TRUSTEE 1.00
Director
$0 $0 $0
BG STEPHEN D MUNDT TRUSTEE 1.00
Director
$0 $0 $0
BG HOWARD YELLEN TRUSTEE 1.00
Director
$0 $0 $0
CSM TOD L GLIDEWELL TRUSTEE 1.00
Director
$0 $0 $0
SGM KENNETH G RICH TRUSTEE 1.00
Director
$0 $0 $0
BG EJ SINCLAIR TRUSTEE 1.00
Director
$0 $0 $0
BG RODNEY D WOLFE TRUSTEE 1.00
Director
$0 $0 $0
CW5 RANDOLPH W JONES TRUSTEE 1.00
Director
$0 $0 $0
COL HAL KUSHNER TRUSTEE 1.00
Director
$0 $0 $0
MG WILLIAM T CROSBY TRUSTEE 1.00
Director
$0 $0 $0
COL MARCUS A GENGLER TRUSTEE 1.00
Director
$0 $0 $0
COL RONALD G LUKOW TRUSTEE 1.00
Director
$0 $0 $0
MR GARY S NENNINGER TRUSTEE 1.00
Director
$0 $0 $0
LTG DANIEL J PETROSKY TRUSTEE 1.00
Director
$0 $0 $0
COL HENRY C RUTH III TRUSTEE 1.00
Director
$0 $0 $0
MG JEFF J SCHLOESSER TRUSTEE 1.00
Director
$0 $0 $0
MR MIKE P YOUNCE TRUSTEE 1.00
Director
$0 $0 $0
COL ANGELIA D FARNELL TRUSTEE 1.00
Director
$0 $0 $0
LTC PATRICK JOSH BAKER TRUSTEE 1.00
Director
$0 $0 $0
BG JAKIE R DAVIS JR TRUSTEE 1.00
Director
$0 $0 $0
MG RONALD K ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
COL SYLVESTER C BERDUX JR TRUSTEE 1.00
Director
$0 $0 $0
CW2 AUBREY J P BLOOM TRUSTEE 1.00
Director
$0 $0 $0
GEN BRYAN D BROWN TRUSTEE 1.00
Director
$0 $0 $0
MR JOSHUA M BRYAN TRUSTEE 1.00
Director
$0 $0 $0
CW5 TERESA M BURGESS TRUSTEE 1.00
Director
$0 $0 $0
COL CHRISTOPHER B CARLILE TRUSTEE 1.00
Director
$0 $0 $0
GEN RICHARD A CODY TRUSTEE 1.00
Director
$0 $0 $0
CW5 MATTHEW CUMMINGS TRUSTEE 1.00
Director
$0 $0 $0
LTG JOHN M CURRAN TRUSTEE 1.00
Director
$0 $0 $0
MS SUELLEN D DENNETT TRUSTEE 1.00
Director
$0 $0 $0
COL ANDREW D DOEHRING TRUSTEE 1.00
Director
$0 $0 $0
LTC CHRISTOPHER P DOWNEY TRUSTEE 1.00
Director
$0 $0 $0
CW5 BRENT C DRIGGERS TRUSTEE 1.00
Director
$0 $0 $0
LTG DOUGLAS M GABRAM TRUSTEE 1.00
Director
$0 $0 $0
MAJ SALVATORE W GARCIA TRUSTEE 1.00
Director
$0 $0 $0
COL ROBERT E GODWIN TRUSTEE 1.00
Director
$0 $0 $0
CSM DOUGLAS K GREENE TRUSTEE 1.00
Director
$0 $0 $0
LTC JOHN F HENDRICKSON TRUSTEE 1.00
Director
$0 $0 $0
COL CURT J HERRICK JR TRUSTEE 1.00
Director
$0 $0 $0
LTC KRISTOPHER J JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
BG THOMAS J KONITZER TRUSTEE 1.00
Director
$0 $0 $0
LTC JOHN LODES IV TRUSTEE 1.00
Director
$0 $0 $0
ILT CHANCE S MATHIAS TRUSTEE 1.00
Director
$0 $0 $0
LTC RYAN M MIEDEMA TRUSTEE 1.00
Director
$0 $0 $0
LTC CHAD C MIHALEK TRUSTEE 1.00
Director
$0 $0 $0
COL WILLIAM H MORRIS TRUSTEE 1.00
Director
$0 $0 $0
MG FRANK M MUTH TRUSTEE 1.00
Director
$0 $0 $0
MG JAMES R MYLES TRUSTEE 1.00
Director
$0 $0 $0
MG RUDOLPH OSTOVICH III TRUSTEE 1.00
Director
$0 $0 $0
LTG JAMES H PILLSBURY TRUSTEE 1.00
Director
$0 $0 $0
MG R FRED REES TRUSTEE 1.00
Director
$0 $0 $0
CW4 LATNY L SALT TRUSTEE 1.00
Director
$0 $0 $0
COL J SCOTT SCHISSER TRUSTEE 1.00
Director
$0 $0 $0
MG RICHARD J SHERLOCK TRUSTEE 1.00
Director
$0 $0 $0
LTC ROBERT SOLANO TRUSTEE 1.00
Director
$0 $0 $0
BG KELLY J THOMAS TRUSTEE 1.00
Director
$0 $0 $0
LTC DAVID WAGNER TRUSTEE 1.00
Director
$0 $0 $0
SGT MEGAN A WEIR TRUSTEE 1.00
Director
$0 $0 $0
MR DAVID J WELLER TRUSTEE 1.00
Director
$0 $0 $0
CW4 RONALD F ZIEHMER TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM HARRIS EXECUTIVE DIRECTOR 25.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $7,782,660 $7,338,093 $12,994,939 $444,567
2022 $5,826,615 $5,592,385 $12,478,588 $234,230
2021 $3,912,077 $3,255,159 $11,637,681 $656,918
2020 $3,178,333 $2,989,330 $10,900,433 $189,003
2019 $5,589,189 $4,747,567 $9,775,818 $841,622
2018 $4,957,046 $4,419,467 $8,261,977 $537,579
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