Overview
What is The Wright Brothers Institute Inc?
The Wright Brothers Institute Inc, based in Dayton, Ohio, is a nonprofit organization dedicated to fostering world-class research and development through collaboration among academia, industry, and government. They drive innovative approaches to address emerging needs and opportunities, supporting regional economic development in the process. Their mission revolves around accelerating collaborative innovation solutions for Air and Space Forces and other stakeholders by leveraging subject matter experts, collaborative environments, disruptive innovation processes, and partner networks. The institute's team consists of 40 employees.
Official website here: www.wrightbrothersinstitute.org
Is The Wright Brothers Institute Inc legitimate?
The Wright Brothers Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wright Brothers Institute 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: $1,093,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,152,035
For more financial information, click here
Official website here: www.wrightbrothersinstitute.org
What is the mission statement of The Wright Brothers Institute Inc?
The Wright Brothers Institute functions as a catalyst for collaborative innovation, particularly in the realms of air and space forces and related stakeholders. Leveraging the expertise of subject matter specialists, the organization fosters a collaborative environment and employs disruptive innovation processes to generate novel solutions. Through partnership networks, the Institute drives research and development among academia, industry, and government, addressing emerging needs and opportunities and contributing to regional economic growth.
Official website here: www.wrightbrothersinstitute.org
Who is the CEO of The Wright Brothers Institute Inc?
Wendell Banks is the Chairman of The Wright Brothers Institute Inc.
Official website here: www.wrightbrothersinstitute.org
What is the revenue of The Wright Brothers Institute Inc?
The Wright Brothers Institute Inc's revenue in 2022 was $22,085,089.
Official website here: www.wrightbrothersinstitute.org
Who are the executives of The Wright Brothers Institute Inc and what are their salaries?
The average compensation at The Wright Brothers Institute Inc during 2022 was $106,134. There are 40 employees at The Wright Brothers Institute Inc.
Here are 17 key members and their salaries:
- Wendell Banks (President) [Trustee/Director]
- Steve Finnessey (Employee)
- Chris Remillard (Chief Operating Officer)
- Robert Barthelemy (Employee)
- Timothy Scott Springer (Employee)
- Meghan Sheehan (Former Employee)
- Vince Russo (Chairman) [Trustee/Director]
- Patrick Hood (Vice Chairman) [Trustee/Director]
- Shaun Smith (Treausurer) [Trustee/Director]
- Melchor Antunano (Trustee)
- John Leland (Trustee)
- Al Wofford (Trustee)
- Nina Joshi (Trustee)
- Jeff Hoagland (Trustee)
- Madhavi Kadakia (Trustee)
- Ted Bucaro (Trustee)
- Jack Blackhurst (Trustee)
Official website here: www.wrightbrothersinstitute.org
Where can I find the form 990 for The Wright Brothers Institute Inc?
The The Wright Brothers Institute Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wrightbrothersinstitute.org
Learn more at the official website: www.wrightbrothersinstitute.org
Mission Statement of The Wright Brothers Institute Inc
The Wright Brothers Institute Inc, a pioneering organization, is dedicated to driving collaborative innovation solutions for the Air and Space Forces and other stakeholders. Leveraging subject matter experts, collaborative environments, disruptive innovation processes, and partner networks, this institute accelerates research and development in the realm of aviation and space.
By fostering a unique synergy between academia, industry, and government, the Wright Brothers Institute Inc aims to develop world-class research and development initiatives. Their mission extends beyond the confines of traditional research and development, as they strive to address emerging needs and opportunities, thereby contributing significantly to regional economic development.
The organization's strategic approach to innovation involves harnessing the power of collaboration and subject matter expertise. By creating an enabling environment where diverse perspectives intersect, the Wright Brothers Institute Inc facilitates the generation of groundbreaking ideas and solutions. Leveraging disruptive innovation processes, they challenge conventional wisdom and push the boundaries of what is possible in the fields of aviation and space.
The Wright Brothers Institute Inc also boasts an extensive partner network, which further amplifies their impact. By engaging with various organizations and stakeholders, they broaden their reach and expand their ability to address complex challenges facing the Air and Space Forces and other stakeholders. Their collaborative efforts aim to create sustainable, long-term solutions that make a significant difference in the world.
Impact
This information is meant to be a general summary of The Wright Brothers Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Wright Brothers Institute Inc accelerates collaborative innovation solutions for air and space forces and other stakeholders. By leveraging subject matter experts, collaborative environments, disruptive innovation processes, and partner networks, the organization drives innovative approaches to address emerging needs and opportunities. Through its work, The Wright Brothers Institute Inc plays a crucial role in advancing research and development among academia, industry, and government, while also supporting regional economic development. This contributes significantly to community improvement, especially in the field of air and space technology.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$21,503,866
COMMERCIAL PROJECTS
Revenue
$32,594
Organization Details
Founding Year
2002
Phone
(937) 424-8662
Principal Officer
Wendell Banks
Main Address
5000 SPRINGFIELD STREET, DAYTON, OH, 45431
NTEE Category
Code: S30 - Community improvement
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