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Employer Identification Number 38-3603828

MICHIGAN AEROSPACE FOUNDATION INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MICHIGAN AEROSPACE FOUNDATION INC
Employer identification number (EIN):38-3603828
EIN Issuing AuthorityCincinnati, OH
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementMICHIGAN AEROSPACE FOUNDATION, INC. HAS RAISED FUNDS IN SUPPORT OF A 3,000 MEMBER YANKEE AIR MUSEUM TO REBUILD A HANGAR AND MUSEUM AFTER A FIRE DESTROYED THEM AND TO EXPAND THE MUSEUM WITH THE GOAL TO PROMOTE KNOWLEDGE OF AVIATION HISTORY AND SOUTHEASTERN MICHIGAN'S ROLE IN THIS HISTORY. MULTIPLE PROJECTS HAVE BEEN INITIATED TO ACCOMPLISH THE BEGINNING OF THIS REBUILDING AND EXPANSION. A MASTER PLAN HAS BEEN DEVELOPED AND PRESENTED TO WILLOW RUN AIRPORT, INCLUDING GEOTECHNICAL STUDIES, TOPOLOGICAL STUDIES IN PREPARATION FOR THE CONSTRUCTION OF NEW NUSEUM BUILDINGS. THE FOUNDATION IS IN THE MIDST OF A FIVE YEAR PLAN FOR THE RENOVATION AND CONSTRUCTION/RECONSTRUCTION OF THE BOMBER PLANT. THE GOAL IS TO COMPLETE THIS PROJECT, BASED ON FUNDRAISING SUCCESS, IN EARLY 2020 AND BEGIN MOVING THE EXISTING YANKEE AIR MUSEUM INTO THE RENOVATED BOMBER PLANT.
Number of Employees0
Number of Volunteers20
Year Formed2001

Organization Governance

Legal DomicileMI
Voting Members - Governing Body12
Voting Members - Independent12

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 25,500
Investment Income from current yearUSD $ 9,829
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 78,653
Net assets / fund balances at end of fiscal yearUSD $ 316,935
Net assets / fund balances at beginning of fiscal yearUSD $ 331,937
Total liabilities at end of fiscal yearUSD $ 658
Total liabilities at beginning of fiscal yearUSD $ 130,000
Total assets at end of fiscal yearUSD $ 317,593
Total assets at beginning of fiscal yearUSD $ 461,937
Revenues less expenses for current yearUSD $ 47,966
Revenues less expenses for previous yearUSD $ -52,581
Total expenses for current yearUSD $ 29,151
Total expenses for previous yearUSD $ 220,386
Other expenses in current yearUSD $ 7,116
Other expenses in previous yearUSD $ 23,686
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 22,035
Grants and similar amounts paid in previous yearUSD $ 196,700
Total revenue in current fiscal yearUSD $ 77,117
Total revenue in previous fiscal yearUSD $ 167,805
Contributions and grants from current yearUSD $ 67,288
Contributions and grants from previous yearUSD $ 142,305
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 33,247
Investment Income from current yearUSD $ 25,500
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 180,407
Net assets / fund balances at end of fiscal yearUSD $ 331,937
Net assets / fund balances at beginning of fiscal yearUSD $ 396,120
Total liabilities at end of fiscal yearUSD $ 130,000
Total liabilities at beginning of fiscal yearUSD $ 4,488
Total assets at end of fiscal yearUSD $ 461,937
Total assets at beginning of fiscal yearUSD $ 400,608
Revenues less expenses for current yearUSD $ -52,581
Revenues less expenses for previous yearUSD $ -160,511
Total expenses for current yearUSD $ 220,386
Total expenses for previous yearUSD $ 599,101
Other expenses in current yearUSD $ 23,686
Other expenses in previous yearUSD $ 50,010
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 196,700
Grants and similar amounts paid in previous yearUSD $ 549,091
Total revenue in current fiscal yearUSD $ 167,805
Total revenue in previous fiscal yearUSD $ 438,590
Contributions and grants from current yearUSD $ 142,305
Contributions and grants from previous yearUSD $ 405,343
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 40,375
Investment Income from current yearUSD $ 33,247
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 438,590
Net assets / fund balances at end of fiscal yearUSD $ 396,120
Net assets / fund balances at beginning of fiscal yearUSD $ 556,631
Total liabilities at end of fiscal yearUSD $ 4,488
Total liabilities at beginning of fiscal yearUSD $ 15,551
Total assets at end of fiscal yearUSD $ 400,608
Total assets at beginning of fiscal yearUSD $ 572,182
Revenues less expenses for current yearUSD $ -160,511
Revenues less expenses for previous yearUSD $ -4,851
Total expenses for current yearUSD $ 599,101
Total expenses for previous yearUSD $ 1,569,627
Other expenses in current yearUSD $ 50,010
Other expenses in previous yearUSD $ 109,738
Total fundraising expenses in current yearUSD $ 2,625
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 549,091
Grants and similar amounts paid in previous yearUSD $ 1,459,889
Total revenue in current fiscal yearUSD $ 438,590
Total revenue in previous fiscal yearUSD $ 1,564,776
Contributions and grants from current yearUSD $ 405,343
Contributions and grants from previous yearUSD $ 1,524,401
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -12,046
Investment Income from current yearUSD $ 40,375
Other Revenue from prior yearUSD $ 500
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,564,776
Net assets / fund balances at end of fiscal yearUSD $ 556,631
Net assets / fund balances at beginning of fiscal yearUSD $ 561,482
Total liabilities at end of fiscal yearUSD $ 15,551
Total liabilities at beginning of fiscal yearUSD $ 132,561
Total assets at end of fiscal yearUSD $ 572,182
Total assets at beginning of fiscal yearUSD $ 694,043
Revenues less expenses for current yearUSD $ -4,851
Revenues less expenses for previous yearUSD $ -111,943
Total expenses for current yearUSD $ 1,569,627
Total expenses for previous yearUSD $ 1,031,287
Other expenses in current yearUSD $ 109,738
Other expenses in previous yearUSD $ 268,678
Total fundraising expenses in current yearUSD $ 32,637
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,459,889
Grants and similar amounts paid in previous yearUSD $ 762,609
Total revenue in current fiscal yearUSD $ 1,564,776
Total revenue in previous fiscal yearUSD $ 919,344
Contributions and grants from current yearUSD $ 1,524,401
Contributions and grants from previous yearUSD $ 930,890
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 11,791
Investment Income from current yearUSD $ -12,046
Other Revenue from prior yearUSD $ 1,660
Other Revenue from current yearUSD $ 500
Gross receipts from all sourcesUSD $ 919,344
Net assets / fund balances at end of fiscal yearUSD $ 561,482
Net assets / fund balances at beginning of fiscal yearUSD $ 673,425
Total liabilities at end of fiscal yearUSD $ 132,561
Total liabilities at beginning of fiscal yearUSD $ 101,197
Total assets at end of fiscal yearUSD $ 694,043
Total assets at beginning of fiscal yearUSD $ 774,622
Revenues less expenses for current yearUSD $ -111,943
Revenues less expenses for previous yearUSD $ -303,392
Total expenses for current yearUSD $ 1,031,287
Total expenses for previous yearUSD $ 1,662,352
Other expenses in current yearUSD $ 268,678
Other expenses in previous yearUSD $ 274,685
Total fundraising expenses in current yearUSD $ 125,209
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 762,609
Grants and similar amounts paid in previous yearUSD $ 1,387,667
Total revenue in current fiscal yearUSD $ 919,344
Total revenue in previous fiscal yearUSD $ 1,358,960
Contributions and grants from current yearUSD $ 930,890
Contributions and grants from previous yearUSD $ 1,345,509
Total of other revenueUSD $ 500
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -1,523
Investment Income from current yearUSD $ 11,791
Other Revenue from current yearUSD $ 1,660
Gross receipts from all sourcesUSD $ 1,358,960
Net assets / fund balances at end of fiscal yearUSD $ 673,425
Net assets / fund balances at beginning of fiscal yearUSD $ 976,817
Total liabilities at end of fiscal yearUSD $ 101,197
Total liabilities at beginning of fiscal yearUSD $ 41,893
Total assets at end of fiscal yearUSD $ 774,622
Total assets at beginning of fiscal yearUSD $ 1,018,710
Revenues less expenses for current yearUSD $ -303,392
Revenues less expenses for previous yearUSD $ 338,899
Total expenses for current yearUSD $ 1,662,352
Total expenses for previous yearUSD $ 788,719
Other expenses in current yearUSD $ 274,685
Other expenses in previous yearUSD $ 325,056
Total fundraising expenses in current yearUSD $ 92,813
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,387,667
Grants and similar amounts paid in previous yearUSD $ 463,663
Total revenue in current fiscal yearUSD $ 1,358,960
Total revenue in previous fiscal yearUSD $ 1,127,618
Contributions and grants from current yearUSD $ 1,345,509
Contributions and grants from previous yearUSD $ 1,129,141
Total of other revenueUSD $ 1,660
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,938
Investment Income from current yearUSD $ -1,523
Other Revenue from prior yearUSD $ 48
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,127,618
Net assets / fund balances at end of fiscal yearUSD $ 976,817
Net assets / fund balances at beginning of fiscal yearUSD $ 637,918
Total liabilities at end of fiscal yearUSD $ 41,893
Total liabilities at beginning of fiscal yearUSD $ 39,597
Total assets at end of fiscal yearUSD $ 1,018,710
Total assets at beginning of fiscal yearUSD $ 677,515
Revenues less expenses for current yearUSD $ 338,899
Revenues less expenses for previous yearUSD $ -2,094,608
Total expenses for current yearUSD $ 788,719
Total expenses for previous yearUSD $ 2,603,315
Other expenses in current yearUSD $ 325,056
Other expenses in previous yearUSD $ 203,537
Total fundraising expenses in current yearUSD $ 115,499
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 85,500
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 463,663
Grants and similar amounts paid in previous yearUSD $ 2,314,278
Total revenue in current fiscal yearUSD $ 1,127,618
Total revenue in previous fiscal yearUSD $ 508,707
Contributions and grants from current yearUSD $ 1,129,141
Contributions and grants from previous yearUSD $ 506,721
2015-12-31
Total unrelated business incomeUSD $ 48
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 14,997
Investment Income from current yearUSD $ 1,986
Other Revenue from prior yearUSD $ 218
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 508,707
Net assets / fund balances at end of fiscal yearUSD $ 637,918
Net assets / fund balances at beginning of fiscal yearUSD $ 2,732,526
Total liabilities at end of fiscal yearUSD $ 39,597
Total liabilities at beginning of fiscal yearUSD $ 20,743
Total assets at end of fiscal yearUSD $ 677,515
Total assets at beginning of fiscal yearUSD $ 2,753,269
Revenues less expenses for current yearUSD $ -2,094,608
Revenues less expenses for previous yearUSD $ 1,687,380
Total expenses for current yearUSD $ 2,603,315
Total expenses for previous yearUSD $ 716,435
Other expenses in current yearUSD $ 203,537
Other expenses in previous yearUSD $ 250,900
Total fundraising expenses in current yearUSD $ 138,524
Professional fundraising fees from current yearUSD $ 85,500
Professional fundraising fees from previous yearUSD $ 104,275
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,314,278
Grants and similar amounts paid in previous yearUSD $ 361,260
Total revenue in current fiscal yearUSD $ 508,707
Total revenue in previous fiscal yearUSD $ 2,403,815
Contributions and grants from current yearUSD $ 506,721
Contributions and grants from previous yearUSD $ 2,388,600
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0

Other Company Names associated with EIN

YANKEE AIR MUSEUM FOUNDATION INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 383603828

USA Mailing Address
807 WILLOW RUN AIRPORT
YPSILANTI
MI
48198
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Mailing Address
807 Willow Run Airport
Ypsilanti
MI
481980899
Date first seen: 2016-06-21
Date last seen: 2016-06-21
USA Mailing Address
47884 D STREET
BELLEVILLE
MI
48111
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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