Vietnam Helicopter Pilots Association
- Assets
- $1.4m
- Revenue
- $563.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Arlington, TX
- Founding
- 11/2003
- Data as of
- 12/2022
- EIN
- 86-0485542
Organization Overview
Vietnam Helicopter Pilots Association is located in Arlington, TX. The organization was established in 2003. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Vietnam Helicopter Pilots Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vietnam Helicopter Pilots Association is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2022, Vietnam Helicopter Pilots Association generated $563.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $523.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Vietnam Helicopter Pilots Association has awarded 14 individual grants totaling $539,586. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN A DIRECTORY OF HELICOPTER PILOTS WHO FLEW IN THE VIETNAM WAR, TO HOLD AN ANNUAL REUNION FOR MEMBERS, TO PUBLISH A BI-MONTHLY NEWSLETTER FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD ANNUAL REUNION AND BUSINESS MEETING FOR GENERAL MEMBERSHIP. ATTENDANCE INCLUDED MEMBERS AND THEIR GUESTS.
PUBLISHED MEMBERSHIP DIRECTORY AND DISTRIBUTED BIMONTHLY NEWLSETTERS TO MEMBERS.
VARIOUS MEMBERSHIP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frosty Price Mbr At Large | OfficerTrustee | 1 | $0 |
Jim Crigler Mid Mbr At Lg | OfficerTrustee | 1 | $0 |
Dennis Faucher Jr Mbr At Large | OfficerTrustee | 1 | $0 |
John Powell Vice President | OfficerTrustee | 1 | $0 |
John Shafer Secretary/treas | OfficerTrustee | 1 | $0 |
Art Price Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $53,327 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,423 |
| Total Program Service Revenue | $263,853 |
| Investment income | $54,927 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,980 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,083 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $563,651 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,942 |
| 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 | $96,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $210 |
| Fees for services: Accounting | $9,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,529 |
| Information technology | $2,997 |
| Royalties | $0 |
| Occupancy | $15,517 |
| Travel | $6,065 |
| 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 | $310 |
| Insurance | $6,750 |
| All other expenses | $6,215 |
| Total functional expenses | $523,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,364 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $268 |
| 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 | $957 |
| Investments—publicly traded securities | $1,060,657 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,179 |
| Total assets | $1,354,425 |
| Accounts payable and accrued expenses | $5,535 |
| 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 | $23,071 |
| Total liabilities | $28,606 |
| Net assets without donor restrictions | $1,323,100 |
| Net assets with donor restrictions | $2,719 |
| 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 | $1,354,425 |
Grants Awarded
Over the last fiscal year, Vietnam Helicopter Pilots Association has awarded $58,631 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AAAA SCHOLARSHIP FOUNDATION PURPOSE: TO PROVIDE SCHOLARSHIPS | $40,603 |
TEXAS TECH FOUNDATION INC PURPOSE: TO HOUSE THE VIETNAM ARCHIVES | $18,028 |