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International Society Of Transport Aircraft Trading Foundation

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

EIN: 541742507 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is International Society Of Transport Aircraft Trading Foundation?

The International Society of Transport Aircraft Trading Foundation is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to support individuals and institutions that foster an interest in, create opportunities for, and provide assistance to the global aviation community. Their initiatives encompass various aspects, such as awarding scholarships to students pursuing aviation-related degrees, offering internship opportunities, granting funding to educational institutions, museums, and nonprofits to stimulate commercial aviation interest, engaging in humanitarian aid efforts where commercial aviation plays a role, and enabling students to participate in an aviation finance certificate program. Essentially, the foundation aims to promote the advancement of commercial aviation and humanitarianism.


Official website here: www.foundation.istat.org

Is International Society Of Transport Aircraft Trading Foundation legitimate?

International Society Of Transport Aircraft Trading Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Society Of Transport Aircraft Trading Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.foundation.istat.org

What is the mission statement of International Society Of Transport Aircraft Trading Foundation?

The International Society of Transport Aircraft Trading Foundation supports individuals and institutions that contribute to the advancement of commercial aviation and humanitarianism. Their mission is accomplished through five programs. These programs aim to foster interest in aviation, create opportunities for individuals seeking careers in the field, provide funding to educational institutions and nonprofit organizations for commercial aviation education, offer humanitarian aid efforts where commercial aviation plays a crucial role, and provide students with the opportunity to participate in an aviation finance certificate program.


Official website here: www.foundation.istat.org

Who is the CEO of International Society Of Transport Aircraft Trading Foundation?

Megan King is the Chair of International Society Of Transport Aircraft Trading Foundation.


Official website here: www.foundation.istat.org

What is the revenue of International Society Of Transport Aircraft Trading Foundation?

International Society Of Transport Aircraft Trading Foundation's revenue in 2022 was $1,641,553.


Official website here: www.foundation.istat.org

Who are the executives of International Society Of Transport Aircraft Trading Foundation and what are their salaries?

Here are 19 key members and their salaries:

    Sigthor Einarsson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Huijbers (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerry Laderman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Rovelli (Vice Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joey Johnsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Prettyman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Gerber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Chmielewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Dankberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Fadugba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Goodhead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ayomide Jideomole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew La Stella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean B Stein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Streeter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Wagner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Wall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan King (Executive Director - Smithbucklin)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.istat.org

    Where can I find the form 990 for International Society Of Transport Aircraft Trading Foundation?

    The International Society Of Transport Aircraft Trading Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foundation.istat.org

    Learn more at the official website: www.foundation.istat.org

    Mission Statement of International Society Of Transport Aircraft Trading Foundation

    The International Society of Transport Aircraft Trading Foundation is dedicated to supporting individuals and institutions that foster the advancement of commercial aviation and humanitarianism. This nonprofit organization carries out its mission by sponsoring five programs that encourage interest in aviation, create opportunities, and offer assistance to the global aviation community.

    One of the foundation's initiatives is providing scholarships to academically-qualified students pursuing an aviation-related degree at an accredited university. This support helps to nurture the next generation of aviation professionals. In addition, the foundation offers internship opportunities for students seeking careers in aviation, providing them with valuable hands-on experience.

    The foundation also extends its support to educational institutions, museums, and other nonprofit organizations through grants. These grants aim to stimulate commercial aviation interest at various academic levels, ensuring a continuous flow of knowledge and innovation. Furthermore, the International Society of Transport Aircraft Trading Foundation engages in humanitarian aid efforts, where commercial aviation plays a crucial role. Lastly, the foundation offers students the opportunity to participate in an ISTAT University Certificate Program focusing on aviation finance, further equipping them with essential skills.

    Impact

    This information is meant to be a general summary of International Society Of Transport Aircraft Trading Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The International Society Of Transport Aircraft Trading Foundation's impact is significant in supporting individuals and institutions that promote the advancement of commercial aviation and humanitarianism. The Foundation carries out various programs to foster interest in the global aviation community, including providing scholarships to students pursuing aviation-related degrees, offering internship opportunities, granting funds to educational institutions and museums to stimulate interest in commercial aviation, supporting humanitarian aid efforts involving commercial aviation, and providing students with opportunities to participate in an ISTAT University certificate program focusing on aviation finance. Through these initiatives, the Foundation contributes to the growth and development of the aviation industry while also making a difference in humanitarian causes.





    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: $143,530
  • Program Service Revenue: $0
  • Gross Receipts: $2,885,207

    • Assets and Liabilities:
  • Total Assets: $6,523,764
  • Total Liabilities: $697,288
  • Net Assets: $5,826,476
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Megan King

    Main Address

    330 N WABASH AVENUE, CHICAGO, IL, 60611

    NTEE Category

    Code: B82 - Education

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