Pittsburgh Institute Of Aeronautics
- Assets
- $19.5m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 140
- Location
- West Mifflin, PA
- Founding
- 02/1946
- Data as of
- 06/2021
- EIN
- 25-0912618
Organization Overview
Pittsburgh Institute Of Aeronautics is located in West Mifflin, PA. The organization was established in 1946. As of 06/2021, Pittsburgh Institute Of Aeronautics employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pittsburgh Institute Of Aeronautics is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Pittsburgh Institute Of Aeronautics generated $17.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $12.3m during the year ending 06/2021. While expenses have increased by 4.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AERONAUTICAL MAINTENANCE, AVIONICS, HEAVY EQUIPMENT OPERATOR AND TRUCK DRIVER TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
AERONAUTICAL MAINTENANCE, AVIONICS TRAINING, HEAVY EQUIPMENT OPERATOR AND TRUCK DRIVER TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Markle President/ceo/director | OfficerTrustee | 50 | $270,661 |
Jana Graham Chairperson/director | OfficerTrustee | 40 | $150,899 |
Gary Hoyle Employee | Officer | 40 | $130,268 |
Margaret Skalican Employee | Officer | 40 | $110,524 |
Bonnie Vatovec Secretary/treasurer | Officer | 40 | $110,105 |
Joseph Maola Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $843,645 |
| All other contributions, gifts, grants, and similar amounts not included above | $436,667 |
| Noncash contributions included in lines 1a–1f | $435,756 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,280,312 |
| Total Program Service Revenue | $14,071,041 |
| Investment income | $16,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,117 |
| Net Income from Fundraising Events | $4,620 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,121,011 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,250 |
| Compensation of current officers, directors, key employees. | $52,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,560,113 |
| Pension plan accruals and contributions | $86,397 |
| Other employee benefits | $654,312 |
| Payroll taxes | $417,735 |
| Fees for services: Management | $45,986 |
| Fees for services: Legal | $39,966 |
| Fees for services: Accounting | $42,267 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $753,080 |
| Office expenses | $180,370 |
| Information technology | $314,771 |
| Royalties | $0 |
| Occupancy | $1,658,539 |
| Travel | $35,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $111,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $555,869 |
| Insurance | $0 |
| All other expenses | $30,304 |
| Total functional expenses | $12,330,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,096,432 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,161,767 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $470,857 |
| Net Land, buildings, and equipment | $8,732,210 |
| Investments—publicly traded securities | $44,809 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,506,075 |
| Accounts payable and accrued expenses | $821,232 |
| Grants payable | $0 |
| Deferred revenue | $704,609 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,654,069 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,179,910 |
| Net assets without donor restrictions | $15,172,818 |
| Net assets with donor restrictions | $153,347 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,506,075 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pittsburgh Institute Of Aeronautics has recieved totaling $119,883.
| Awarding Organization | Amount |
|---|---|
Region Vi Workforce Investment Board Inc White Hall, WV PURPOSE: TO PROVIDE ASSISTANCE FOR WORKFORCE EDUCATION AND TRAININGTO PROVIDE ASSISTANCE FOR WORKFORCE EDUCATION AND TRAINING | $118,383 |
Premier Bank Foundation Canfield, OH PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Institute Of Aeronautics West Mifflin, PA | $19,506,075 | $17,121,011 |
Living Classrooms Foundation Inc Baltimore, MD | $39,550,926 | $15,624,815 |
Business Education In Science And Technology For New Americans Inc Brooklyn, NY | $2,025,111 | $5,450,539 |
Cincinnati State Technical And Community College Foundation Cincinnati, OH | $15,677,261 | $2,648,222 |
Zane State College Foundation Zanesville, OH | $14,349,887 | $1,153,107 |
Marion Technical College Foundation Inc Marion, OH | $1,217,942 | $279,398 |