REGIONAL AIRLINE ASSOCIATION

EIN: 521039526

WASHINGTON, DC

Total Revenue
$2,805,541
Total Expenses
$2,894,288
Total Assets
$1,638,426
Net Assets
$1,077,776
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
DC
Principal Officer
FAYE MALARKEY BLACK
Phone
2023671170
Tax Period
2023-01-01 to 2023-12-31

REGIONAL AIRLINE ASSOCIATION, founded in 1975, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

WITH SAFETY AS ITS HIGHEST PRIORITY, RAA REPRESENTS NORTH AMERICAN REGIONAL AIRLINES, AND THE MANUFACTURERS OF PRODUCTS AND SERVICES SUPPORTING THE REGIONAL AIRLINE INDUSTRY, BEFORE THE CONGRESS, DOT, FAA AND OTHER FEDERAL AGENCIES.

Program Service Accomplishments

Program 1

STRATEGIC COMMUNICATIONS: THE REGIONAL AIRLINE INDUSTRY AND RAA HAVE EMBARKED UPON A MULTI-PART INITIATIVE TO PUSH FOR NEW ADVANCES IN AVIATION SAFETY, WHILE LOOKING AT THE HUMAN FACTORS THAT HAVE...

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STRATEGIC COMMUNICATIONS: THE REGIONAL AIRLINE INDUSTRY AND RAA HAVE EMBARKED UPON A MULTI-PART INITIATIVE TO PUSH FOR NEW ADVANCES IN AVIATION SAFETY, WHILE LOOKING AT THE HUMAN FACTORS THAT HAVE LED TO ACCIDENTS IN ORDER TO AVOID INCIDENTS IN THE FUTURE. RAA'S STRATEGIC INITIATIVE HAS THE FOLLOWING FOUR ELEMENTS: - SAFETY COUNCIL - RAA IS BRINGING TOGETHER SAFETY PROFESSIONALS TO REVIEW PROCEDURES AND ADDRESS ISSUES THAT CAN BE PERCEIVED AS A CONTRIBUTING FACTOR TO AN ACCIDENT. - FATIGUE AWARENESS MANAGEMENT PROGRAM - RAA PROMOTES A FATIGUE AWARENESS MANAGEMENT PROGRAM FOR USE BY ITS MEMBER AIRLINES.- INDUSTRY-GOVERNMENT PARTNERSHIP - RAA IS REACHING OUT IN PARTNERSHIP WITH CONGRESS, ACROSS THE GOVERNMENT, AND TO FELLOW STAKEHOLDERS IN LABOR AND THROUGHOUT THE AVIATION INDUSTRY TO EXPLORE THE FULL RANGE OF ISSUES, WHICH COULD HELP IMPROVE SAFETY AND PREVENT FUTURE ACCIDENTS.

Program 2

AVIATION WORKFORCE DEVELOPMENT: RAA ENGAGES IN PUBLIC AFFAIRS AND OUTREACH EFFORTS, PROVIDES EDUCATIONAL INFORMATION, AND GENERALLY WORKS TO EDUCATE THE PUBLIC ON ISSUES RELATED TO WORKFORCE TRENDS...

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AVIATION WORKFORCE DEVELOPMENT: RAA ENGAGES IN PUBLIC AFFAIRS AND OUTREACH EFFORTS, PROVIDES EDUCATIONAL INFORMATION, AND GENERALLY WORKS TO EDUCATE THE PUBLIC ON ISSUES RELATED TO WORKFORCE TRENDS AND BEST PRACTICES. RAA WORKS TO PROMOTE AN INCREASE IN THE PILOT AND MAINTENANCE WORKFORCE OVERALL AS WELL AS EXPANDING UNDERREPRESENTED DEMOGRAPHICS IN AVIATION CAREERS. RAA ADVOCATES FOR MODIFICATIONS TO FEDERAL TITLE IV (STUDENT LOANS) FUNDING TO IMPROVE PILOTS' ABILITY TO AFFORD TRAINING AND PROMOTES AVIATION TECHNICIAN CAREER PATHWAYS. RAA IS FOCUSED ON ATTRACTING AND ENSURING SOUND, SAFE POLICY DECISIONS ABOUT THE TRAINING OF A NEW GENERATION OF COMMERCIAL AIRLINE PILOTS. RAA AIMS TO EDUCATE CONGRESS ABOUT THE BENEFITS ASSOCIATED WITH FAA APPROVAL OF ADDITIONAL STRUCTURED TRAINING PILOT TRAINING PATHWAYS, A POSITION THAT IS SUPPORTED BY COMPREHENSIVE, PEER-REVIEWED DATA. FOR THIS CAMPAIGN, RAA HAS HIRED LOBBYISTS TO HELP WITH ADVOCACY.

Program 3

LEADERS CONFERENCE: TRANSFORMATION OF THE TRADITIONAL ANNUAL CONVENTION TO AN EVENT FOR IN-PERSON ATTENDEES. SPEAKERS INCLUDED REGIONAL AIRLINE CEOS, GOVERNMENT STAKEHOLDERS, AND OTHER COLLEAGUES...

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LEADERS CONFERENCE: TRANSFORMATION OF THE TRADITIONAL ANNUAL CONVENTION TO AN EVENT FOR IN-PERSON ATTENDEES. SPEAKERS INCLUDED REGIONAL AIRLINE CEOS, GOVERNMENT STAKEHOLDERS, AND OTHER COLLEAGUES FROM AVIATION COMMUNITIES.

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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 $0
Program Service Revenue $2,788,914
Investment Income $16,627
Other Revenue $0
TOTAL REVENUE $2,805,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,428,634
Fundraising Expenses $0
Other Expenses $1,465,654
TOTAL EXPENSES $2,894,288

Year-over-Year Comparison

2023 2022 Change
Revenue $2,805,541 $2,320,198 +0.2%
Expenses $2,894,288 $2,444,921 +0.2%
Net Income $-88,747 $-124,723 -0.3%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
6
Volunteers
20

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
$505,508
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHIP CHILDS CHAIR 1.00
Officer Director
$0 $0 $0
DION FLANNERY IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
TIM KOMBEREC VICE CHAIR 1.00
Officer Director
$0 $0 $0
LINDA MARKHAM TREASURER 1.00
Officer Director
$0 $0 $0
BRYAN BEDFORD SECRETARY 1.00
Officer Director
$0 $0 $0
RICK LEACH MEMBER AT LARGE 1.00
Director
$0 $0 $0
JIM GRAHAM MEMBER AT LARGE 1.00
Director
$0 $0 $0
ROBERT BINNS DIRECTOR 1.00
Director
$0 $0 $0
JOHN SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
PEDRO FABREGAS DIRECTOR 1.00
Director
$0 $0 $0
JASON BERRY DIRECTOR AS OF SEPTEMBER 1.00
Director
$0 $0 $0
JONATHAN ORNSTEIN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BENDOKAS DIRECTOR 1.00
Director
$0 $0 $0
ERIC MORGAN DIRECTOR 1.00
Director
$0 $0 $0
STEVEN ROSSUM DIRECTOR 1.00
Director
$0 $0 $0
ROB MCKINNEY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD HOEFLING DIRECTOR 1.00
Director
$0 $0 $0
FAYE MALARKEY BLACK PRESIDENT AND CEO 40.00
Officer
$451,615 $53,893 $505,508
WILLIAM JACOBY LEMOS VP - GOVERNMENT & EXTERNAL AFFAIRS 40.00
Highest
$176,403 $9,021 $185,424
NOBUYO REINSCH SENIOR VP - SAFETY & REGULATORY AFFAIRS 40.00
Highest
$169,813 $48,389 $218,202
JENNIFER IVERSEN DRAUGHON VP - OPERATIONS & REGULATORY AFFAIRS 40.00
Highest
$156,311 $39,069 $195,380
RIC WILSON DIRECTOR 1.00
Director
$0 $0 $0
JOE SPRAGUE DIRECTOR UNTIL SEPTEMBER 1.00
Director
$0 $0 $0
STEVE LINTHWAITE DIRECTOR UNTIL DECEMBER 1.00
Director
$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 $2,805,541 $2,894,288 $1,638,426 $-88,747
2022 $2,320,198 $2,444,921 $1,861,325 $-124,723
2021 $2,395,444 $1,990,768 $1,573,472 $404,676
2020 $1,461,608 $1,850,865 $1,436,480 $-389,257
2019 $2,742,484 $2,537,734 $1,606,358 $204,750
2018 $2,498,630 $2,492,436 $1,308,894 $6,194
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