Washington Aerospace, operating under the name Washington Aerospace Partnership, is located in Seattle, WA. Washington Aerospace Partnership is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
COLLABORATE WITH INDUSTRY, LABOR AND GOVERNMENT TO SUPPORT THE AEROSPACE INDUSTRY IN WASHINGTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING THE STATE OF WASHINGTON AND OTHER ENTITIES IN THE DEVELOPMENT AND IMPLEMENTATION OF WASHINGTON STATE AEROSPACE INDUSTRY STRATEGY, INCLUDING:-PROVIDING FINANCIAL SUPPORT FOR THE GOVERNOR'S OFFICE OF AEROSPACE;-DEVELOPING THE STRATEGY AND ADVOCATING FOR PRODUCTION OF FUTURE COMMERCIAL AIRPLANE PRODUCTION IN WASHINGTON;-RECRUITING INTERNATIONAL AEROSPACE COMPANIES FROM AROUND THE WORLD TO LOCATE IN WASHINGTON;-SUPPORTING POLICY AND BUDGET PROPOSALS THAT SUPPORT THE AEROSPACE INDUSTRY IN WASHINGTON IN THE 2016 WASHINGTON STATE LEGISLATURE;SEE SCHEDULE O FOR ADDITIONAL INFORMATION-PLANNING AND COORDINATING THE STATEWIDE CELEBRATION OF THE BOEING COMPANY'S CENTENNIAL;-CO-SPONSORSHIP OF THE BIENNIAL AEROSPACE & DEFENSE SUPPLIER SUMMIT; AND-THE AEROSPACE ECONOMIC IMPACT UPDATE REPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alex Pietsch President | OfficerTrustee | 2 | $0 |
Maud Daudon Vice President/treasurer | OfficerTrustee | 1 | $0 |
John Thornquist Secretary | OfficerTrustee | 1 | $0 |
Bob Drewel Director | Trustee | 1 | $0 |
Bruce Kendall Director | Trustee | 1 | $0 |
Jonathan Smith Director Until 12/31/2016 | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $197,250 |
All other contributions, gifts, grants, and similar amounts not included above | $46,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $243,250 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $243,250 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $59,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,000 |
Fees for services: Accounting | $2,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $20,815 |
Office expenses | $1,046 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,224 |
All other expenses | $0 |
Total functional expenses | $185,998 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $76,011 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $157,000 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $233,011 |
Accounts payable and accrued expenses | $408 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $408 |
Unrestricted restricted net Assets | $232,603 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $232,603 |
Over the last fiscal year, Washington Aerospace has awarded $57,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
WASHINGTON STATE DEPARTMENT OF COMMERCE PURPOSE: 2016 Farnborough Air Show - Opening reception sponsorship & trade promotion | $47,500 |
SPACE FRONTIER FOUNDATION PURPOSE: New Space conference sponsorship | $10,000 |