NORTHEAST UAS AIRSPACE INTEGRATION RESEARCH ALLIANCE INC

EIN: 460606366 501(c)(3) Public Safety

CANASTOTA, NY

Total Revenue
$8,806,068
Total Expenses
$8,934,770
Total Assets
$13,908,384
Net Assets
$4,649,259
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
VICTOR VACCARO
Phone
3157651129
Tax Period
2024-01-01 to 2024-12-31

NORTHEAST UAS AIRSPACE INTEGRATION RESEARCH ALLIANCE INC, founded in 2012, is a community nonprofit in the Public Safety sector that reported $8.8M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

NORTHEAST UAS AIRSPACE INTEGRATION RESEARCH ALLIANCE, INC. (NUAIR) IS A NEW YORK-BASED NONPROFIT, DRIVING ECONOMIC DEVELOPMENT THROUGH INNOVATIONS IN UAS AND ADVANCED AIR MOBILITY TO SAFELY INTEGRATE INTO THE NATIONAL AIRSPACE. AS A PROVEN AND CREDIBLE INDUSTRY LEADER, NUAIR IS DELIVERING THE NEXT GENERATION OF UAS/AAM SOLUTIONS FOR THE SAFETY, SOCIETAL, AND ECONOMIC BENEFITS OF NEW YORK STATE AND BEYOND.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,460,166
Program Service Revenue $1,158,149
Investment Income $0
Other Revenue $187,753
TOTAL REVENUE $8,806,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,355,887
Fundraising Expenses $0
Program Expenses $5,414,950
Other Expenses $4,578,883
TOTAL EXPENSES $8,934,770

Year-over-Year Comparison

2024 2023 Change
Revenue $8,806,068 $7,312,587 +0.2%
Expenses $8,934,770 $8,576,599 +0.0%
Net Income $-128,702 $-1,264,012 -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
13
Independent Members
12
Employees
39
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
6
$634,860
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SIMPSON PRESIDENT 5.00
Officer Director
$0 $0 $0
WASEEM NAQVI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
VICTOR VACCARO TREASURER 5.00
Officer Director
$0 $0 $0
PAUL TREMONT SECRETARY 5.00
Officer Director
$0 $0 $0
DR AGAMEMNON CRASSIDIS BOARD MEMBER 1.00
Director
$0 $0 $0
DR JEFFREY DECARLO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL GERRY BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK SERNA BOARD MEMBER 1.00
Director
$0 $0 $0
DR JOHN COLLURA LEFT 0623 FORMER BOARD MEMBER 1.00
Director
$0 $0 $0
MARC VIGGIANO BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN HARTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAN KOLINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
DR ROBERT CORONA BOARD MEMBER 1.00
Director
$0 $0 $0
JASON TERRERI BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY DEMARCHE CHIEF FINANCIAL OFFICER 40.00
Officer
$243,347 $41,598 $284,945
KENNETH STEWART CHIEF EXECUTIVE OFFICER 40.00
Officer
$300,000 $49,915 $349,915
ANTHONY BASILE ENDED 123124 CHIEF OPERATIONAL OFFICER 40.00
Highest
$191,873 $20,449 $212,322
DAVID WHITAKER CHIEF OF DEVELOPMENT 40.00
Highest
$245,207 $28,500 $273,707
MICHAEL PETERSON CHIEF OF BUSINESS OPERATIONS 40.00
Highest
$196,650 $11,060 $207,710
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 $8,806,068 $8,934,770 $13,908,384 $-128,702
2023 $7,312,587 $8,576,599 $10,995,832 $-1,264,012
2022 $4,882,832 $4,982,250 $11,368,804 $-99,418
2021 $6,751,067 $6,028,770 $7,969,700 $722,297
2020 $8,529,319 $5,735,573 $14,098,017 $2,793,746
2019 $8,027,666 $6,524,861 $11,586,271 $1,502,805
2018 $4,280,575 $4,178,329 $5,312,347 $102,246
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