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Vermont Flight Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271366959 ✦ South burlington, VT ✦ Designated as a 501(c)(3)

Overview

What is Vermont Flight Academy Inc?

Vermont Flight Academy Inc, located at 355 Valley Road, South Burlington, VT 05403, is a nonprofit organization dedicated to fostering general aviation. With a mission to offer high-quality flight training at an affordable price, the academy welcomed 339 new students in the 2020/21 period, enrolling in individual flight instruction, discovery flight lessons, and ground training. The academy continues its collaboration with Vermont Technical College for the eighth consecutive year, providing opportunities for students to obtain their private, instrument, and commercial licenses/endorsements. In total, 39 students were enrolled through the Vermont Tech program during this period. Vermont Flight Academy manages a fleet of 13 aircraft and simulators, with 10 being directly owned by the academy and the remaining three being leased under a contractual agreement. The organization employs a team of 53 individuals.


Official website here: www.flyvfa.org

Is Vermont Flight Academy Inc legitimate?

Vermont Flight Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Flight Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,515

For more financial information, click here


Official website here: www.flyvfa.org

What is the mission statement of Vermont Flight Academy Inc?

Vermont Flight Academy Inc was established with a mission to foster general aviation by providing high-quality flight training at an affordable cost. The academy attracts numerous individuals, signing up for individual flight instruction, discovery flight lessons, and ground training annually. In its ongoing collaboration with Vermont Technical College, students work towards earning their private, instrumental, and commercial licenses or endorsements. Vermont Flight Academy operates a fleet of 13 aircraft and simulators, some of which are leased for business purposes under a leaseback arrangement.


Official website here: www.flyvfa.org

Who is the CEO of Vermont Flight Academy Inc?

Thomas D'Urso is the Executive Di of Vermont Flight Academy Inc.


Official website here: www.flyvfa.org

What is the revenue of Vermont Flight Academy Inc?

Vermont Flight Academy Inc's revenue in 2022 was $2,174,599.


Official website here: www.flyvfa.org

Who are the executives of Vermont Flight Academy Inc and what are their salaries?

The average compensation at Vermont Flight Academy Inc during 2022 was $15,934. There are 53 employees at Vermont Flight Academy Inc.

Here are 9 key members and their salaries:

    Thomas D'Urso (Executive Di)
  • Compensation: $55,899
  • Related: $0
  • Other: $0

    • Tyler Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Clark (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Groeneveld (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Pallito (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Pizzagalli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hobie Tomlinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirk Walters (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Weinberg (Non-Voting M) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.flyvfa.org

    Where can I find the form 990 for Vermont Flight Academy Inc?

    The Vermont Flight Academy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.flyvfa.org

    Learn more at the official website: www.flyvfa.org

    Mission Statement of Vermont Flight Academy Inc

    Vermont Flight Academy Inc was established with the mission to foster general aviation through an effective program of high-quality flight training at a reasonable cost. This nonprofit organization aims to promote aviation by providing individuals with the necessary skills and certifications, such as obtaining their private, instrument, and commercial licenses/endorsements. To achieve this, Vermont Flight Academy Inc offers a variety of training options, including individual flight instruction, discovery flight lessons, and ground training.

    The academy maintains a fleet of 13 aircraft and simulators, with ten of them directly owned by the organization. The remaining three are operated under a leaseback arrangement for business purposes. Additionally, Vermont Flight Academy Inc has a long-standing partnership with Vermont Technical College, which allows students to enroll in the program and earn their certifications. This collaboration has been ongoing for eight consecutive years, demonstrating the academy's commitment to providing quality education and training in the field of aviation.

    Impact

    This information is meant to be a general summary of Vermont Flight Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Vermont Flight Academy Inc's impact is significant in promoting general aviation through high-quality flight training at a competitive cost. In 2020-2021, 339 new signers/students joined their program, enrolling for individual flight instruction, discovery flight lessons, and ground training. Additionally, the academy's partnership with Vermont Technical College has been ongoing for eight years, with students earning their private, instrument, and commercial licenses/endorsements. Furthermore, Vermont Flight Academy operates 13 aircraft and simulators, with 10 directly owned by the academy and three under contract for business purposes. Through their dedication to providing quality flight training, Vermont Flight Academy is positively influencing the field of aviation education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,397
  • Program Service Revenue: $1,997,463
  • Gross Receipts: $2,174,599

    • Assets and Liabilities:
  • Total Assets: $2,185,756
  • Total Liabilities: $422,303
  • Net Assets: $1,763,453
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FLIGHT INSTRUCTION INCOME

    Revenue

    $1,997,463

    Organization Details

    Founding Year

    2010

    Principal Officer

    Thomas D'Urso

    Main Address

    355 VALLEY ROAD, SOUTH BURLINGTON, VT, 05403

    NTEE Category

    Code: B99 - Education

    If you are a representative of Vermont Flight Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.