Spokane Turbine Center
- Assets
- $3.5m
- Revenue
- $124.2k
- Investments
- $1.6m
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 26-0286346
Organization Overview
Spokane Turbine Center is located in Spokane, WA. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spokane Turbine Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTHE FOUNDATION SUPPORTS AND ASSISTS HUMANITARIAN ORGANIZATIONS BY SUBSIDIZING AVIATION RELATED EDUCATION AND TRAINING PROVIDED THROUGH ITS SUBSIDIARY TO PILOTS, AND AVIATION MECHANICS FROM MISSION AVIATION, HUMANITARIAN AID, NON-PROFIT, AND EDUCATIONAL ORGANIZATIONS.
Describe the Organization's Program Activity:
THE FOUNDATION'S SCHOLARSHIP PROGRAM DISBURSED $5,046 FOR AVIATION EDUCATION AND TRAINING ACROSS FIVE DIFFERENT MISSIONARY AVIATION, HUMANITARIAN AID, NON-PROFIT, AND EDUCATIONAL ORGANIZATIONS IN THE 2021 YEAR. THESE SCHOLARSHIPS ENABLED PILOTS AND AVIATION MECHANICS TO COMPLETE 10,971 AVIATION RELATED EDUCATION AND TRAINING INSTRUCTIONAL HOURS, INSTRUCTED THROUGH THE FOUNDATION'S SUBSIDIARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Lohn Chairman/ceo | OfficerTrustee | 5 | $0 |
David Wierengo Executive Director & COO | OfficerTrustee | 15 | $0 |
John Harmon Vice Chair | OfficerTrustee | 5 | $0 |
Terry Raymond Secretary/treasurer | OfficerTrustee | 5 | $0 |
Jeff Hawk Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,062 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,062 |
| Total Program Service Revenue | $0 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $113,173 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,046 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,531 |
| Compensation of current officers, directors, key employees. | $24,172 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,441 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,310 |
| Payroll taxes | $20,651 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $197 |
| Office expenses | $196 |
| Information technology | $141 |
| Royalties | $0 |
| Occupancy | $68,414 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,154 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,972 |
| Insurance | $6,377 |
| All other expenses | $161 |
| Total functional expenses | $267,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,229 |
| Savings and temporary cash investments | $36,295 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,809,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,634,212 |
| Investments—program-related | $0 |
| Intangible assets | $606 |
| Other assets | $0 |
| Total assets | $3,490,937 |
| Accounts payable and accrued expenses | $8,679 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $391,251 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $254,760 |
| Total liabilities | $654,690 |
| Net assets without donor restrictions | $2,809,044 |
| Net assets with donor restrictions | $27,203 |
| 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 | $3,490,937 |
Grants Awarded
Over the last fiscal year, Spokane Turbine Center has awarded $92,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Nampa, ID PURPOSE: PILOTS AND AVIATION MECHANICS TRAINING SCHOLARSHIP | $14,988 |
Nampa, ID PURPOSE: PILOTS AND AVIATION MECHANICS TRAINING SCHOLARSHIP | $14,988 |
Waxhaw, NC PURPOSE: PILOTS AND AVIATION MECHANICS TRAINING SCHOLARSHIP | $10,510 |
Waxhaw, NC PURPOSE: PILOTS AND AVIATION MECHANICS TRAINING SCHOLARSHIP | $10,510 |
Shoreview, MN PURPOSE: PILOTS AND AVIATION MECHANICS TRAINING SCHOLARSHIP | $7,866 |
Shoreview, MN PURPOSE: PILOTS AND AVIATION MECHANICS TRAINING SCHOLARSHIP | $7,866 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spokane Turbine Center has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Endowment Analysis
| Beg. Balance | $38,566 |
| Earnings | $6 |
| Other Expense | $20,000 |
| Ending Balance | $18,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uw Physicians Network Seattle, WA | $28,108,083 | $71,347,510 |
Snohomish County Workforce Development Council Everett, WA | $4,878,979 | $47,934,088 |
Eastern Aleutian Tribes Inc Anchorage, AK | $24,179,312 | $16,987,359 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Public School Employees Of Washington Auburn, WA | $10,924,728 | $12,530,239 |
Washington State Charter Schools Association Seattle, WA | $13,158,502 | $7,768,416 |
Bluum Inc Boise, ID | $2,040,780 | $9,996,338 |
Native Project Spokane, WA | $18,009,954 | $13,503,494 |
Spokane International Academy Spokane, WA | $28,868,838 | $9,309,601 |
Pride Prep Schools Spokane, WA | $4,483,995 | $8,242,945 |
Oregon School Employees Association 133 Salem, OR | $7,639,516 | $7,655,217 |
Washington Manufacturing Services Bothell, WA | $3,899,855 | $7,541,918 |