2024-08-13T14:04:21-05:00 2023-09-30 060962537 TEPLITZKY & COMPANY PC ONE BRADLEY ROAD BUILDING 600 WOODBRIDGE CT 06525 990 2022-10-01 060799487 AAAA SCHOLARSHIP FOUNDATION INC AAAA 2032682450 593 MAIN STREET MONROE CT 064682830 WILLIAM HARRIS EXECUTIVE DIRECTOR 2032682450 2024-07-31 1 0 MARVIN MCCARTHY P01990471 2033870852 2022 2024-08-08 14:25:15Z WILLIAM HARRIS 593 MAIN STREET MONROE CT 06468 22034175 0 X WWW.QUAD-A.ORG X 1963 CT TO ADMINISTER THE SCHOLARSHIPS, SCHOLARSHIP LOANS, AND LIFE MEMBERSHIP MEMORIAL GRANTS TO MEMBERS, CHILDREN, SIBLINGS AND SPOUSES OF MEMBERS, AND DECEASED MEMBERS, OF ARMY AVIATION ASSOCIATION OF AMERICA INC. (AAAA), AN AFFILIATED NOT FOR PROFIT TAX EXEMPT ORGANIZATION. THE SCHOLARSHIPS AND LIFE MEMBERSHIP MEMORIAL GRANTS ARE AWARDED AS FINANCIAL ASSISTANCE FOR COLLEGE LEVEL EDUCATION. THE SELECTION OF THE RECIPIENT IS MADE BY AAAASFI'S BOARD OR THEIR DESIGNATED COMMITTEE. 45 45 0 0 0 0 609768 621929 0 0 154017 773592 0 0 763785 1395521 592000 672500 0 0 0 0 0 0 0 53213 50735 645213 723235 118572 672286 7627346 8152808 6264 5609 7621082 8147199 X TO ADMINISTER THE SCHOLARSHIPS, SCHOLARSHIP LOANS, AND LIFE MEMBERSHIP MEMORIAL GRANTS TO MEMBERS, CHILDREN, SIBLINGS AND SPOUSES OF MEMBERS AND DECEASED MEMBERS, OF ARMY AVIATION ASSOCIATION OF AMERICA INC. (AAAA), AN AFFILIATED NOT FOR PROFIT TAX EXEMPT ORGANIZATION. THE SCHOLARSHIPS AND LIFE MEMBERSHIP MEMORIAL GRANTS ARE AWARDED AS FINANCIAL ASSISTANCE FOR COLLEGE LEVEL EDUCATION. THE SELECTION OF THE RECIPIENT IS MADE BY AAAASFI'S BOARD OR THEIR DESIGNATED COMMITTEE. 0 0 674785 672500 SCHOLARSHIPS: THE FOUNDATION ADMINISTERS SCHOLARSHIP AWARDS TO MEMBERS AND CHILDREN, SIBLINGS, AND SPOUSES OF MEMBERS AND DECEASED MEMBERS OF AAAA. 674785 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 45 45 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X WILLIAM HARRIS 2032682450 593 MAIN STREET MONROE CT 06468 X WILLIAM R HARRIS EXECUTIVE DIRECTOR 20.00 X X 0 0 0 BG HARRY H BENDORF USAF GOVERNOR 1.00 X 0 0 0 BG STEPHEN D MUNDT GOVERNOR 1.00 X 0 0 0 COL LOUIS A BONHAM GOVERNOR 1.00 X 0 0 0 COL MICHAEL LAPOINT GOVERNOR 1.00 X 0 0 0 COL RANDOLPH R ROTTE JR GOVERNOR 1.00 X 0 0 0 COL ROBERT E GODWIN GOVERNOR 1.00 X 0 0 0 COL ROBERT P BIRMINGHAM GOVERNOR 1.00 X 0 0 0 COL STEPHEN T BURNS GOVERNOR 1.00 X 0 0 0 CSM STEVEN ODOM GOVERNOR 1.00 X 0 0 0 CW5 MARK W GRAPIN GOVERNOR 1.00 X 0 0 0 CW5 ROBERT L HUFFMAN GOVERNOR 1.00 X 0 0 0 DORTHY KESTEN GOVERNOR 1.00 X 0 0 0 LTC BRIAN J PIPKIN GOVERNOR 1.00 X 0 0 0 LTC DAVID W CROCKER GOVERNOR 1.00 X 0 0 0 LTC FRANK A TEDESCHI GOVERNOR 1.00 X 0 0 0 LTC FRANK S BESSON III GOVERNOR 1.00 X 0 0 0 LTC JOHN S BOLTON GOVERNOR 1.00 X 0 0 0 LTC KELLY C BROWN GOVERNOR 1.00 X 0 0 0 LTC MICHAEL L BELL GOVERNOR 1.00 X 0 0 0 LTC RYAN H FORSHEE GOVERNOR 1.00 X 0 0 0 LTC STANFORD OLIVER GOVERNOR 1.00 X 0 0 0 LTC STEPHEN T MAURO GOVERNOR 1.00 X 0 0 0 LTC TERRANCE L REININGER GOVERNOR 1.00 X 0 0 0 LTC TODD A DELLERT GOVERNOR 1.00 X 0 0 0 LTC TOM T HUFF GOVERNOR 1.00 X 0 0 0 MAJ SCOTT W HOLLINGSWORTH GOVERNOR 1.00 X 0 0 0 MG JESSICA WRIGHT GOVERNOR 1.00 X 0 0 0 MG M TODD HUNT GOVERNOR 1.00 X 0 0 0 MG RUDOLPH OSTOVICH III GOVERNOR 1.00 X 0 0 0 MR RONALD V KUROWSKY GOVERNOR 1.00 X 0 0 0 MR LARRY JESS GOVERNOR 1.00 X 0 0 0 MS JANICE F SMITH GOVERNOR 1.00 X 0 0 0 SGM JENNETH G RICH GOVERNOR 1.00 X 0 0 0 BG MICHAEL C FLOWERS GOVERNOR 1.00 X 0 0 0 COL MICHAEL E FREEMAN GOVERNOR 1.00 X 0 0 0 BG STUART W GERALD GOVERNOR 1.00 X 0 0 0 MRS CONNIE HANSEN GOVERNOR 1.00 X 0 0 0 COL THOMAS M HARRISON SR GOVERNOR 1.00 X 0 0 0 BG THOMAS J KONITZER GOVERNOR 1.00 X 0 0 0 MG RICHARD H MACMILLAN JR GOVERNOR 1.00 X 0 0 0 COL STEVE D MATHIAS GOVERNOR 1.00 X 0 0 0 MR RANDOLPH R ROTTE JR GOVERNOR 1.00 X 0 0 0 COL KAREN LLOYD PRESIDENT 1.00 X X 0 0 0 MR TOMMY L MARKS SECRETARY 1.00 X X 0 0 0 COL MICHELLE F YARBOROUGH VICE PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 621929 621929 172328 172328 21239918 20638654 601264 601264 601264 1395521 0 0 773592 672500 672500 48450 48450 BAD DEBT EXPENSE 2285 2285 723235 674785 48450 0 147003 107036 188390 5537004 55000 107758 35619 7183628 2416574 567 1575 7627346 8152808 6264 5609 6264 5609 X 868775 1028479 6752307 7118720 7621082 8147199 7627346 8152808 672286 -146169 0 X 0 1 X 0 0 X 729128 584386 496689 609768 621929 3041900 729128 584386 496689 609768 621929 3041900 3041900 157051 149820 97924 161613 172328 738736 3780636 0.80460 0.80160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6460597 138613 476806 289750 6786266 7379926 400194 -1060523 259000 6460597 6888329 287888 461959 258250 7379926 6423254 323171 376154 234250 6888329 5142373 723788 766593 209500 6423254 1.00000 1 0 0 GIFT ANNUITY CHARLES R. RAYL 3649 GIFT ANNUITY ELIZABETH ANN NOAC 1960 5609 X 1324888 -146169 123986 -22183 1347071 48450 48450 1395521 798771 123986 123986 674785 48450 48450 723235 PART V, LINE 4: TO MAKE SCHOLARSHIPS TO MEMBERS AND CHILDREN, SIBLINGS AND SPOUSES OF ARMY AVIATION ASSOCIATION OF AMERICA'S MEMBERS FOR COLLEGE EDUCATION COSTS. PART X, LINE 2: AAAASFI WAS INCORPORATED IN 1963 UNDER THE NON-STOCK CORPORATION ACT OF THE STATE OF CONNECTICUT. AAAASFI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS ALSO EXEMPT FROM STATE INCOME TAXES. AAASFI IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, AAAASFI IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. MANAGEMENT HAS DETERMINED THAT AAAASFI IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022. 1 FINANCIAL AID TO COLLEGE STUDENTS SEE PART I 672500 PART I, LINE 2: THE FOUNDATION RENDERS FINANCIAL ASSISTANCE FOR THE COLLEGE LEVEL EDUCATION OF MEMBERS OF THE ARMY AVIATION ASSOCIATION OF AMERICA INC. AND THEIR FAMILIES. SCHOLARSHIPS FOR ENTERING FRESHMEN RANGE FROM $1,000 TO $10,000 GRANTS GIVEN OUT AS ONE, TWO, OR FOUR YEAR SCHOLARSHIPS AND A SCHOLARSHIP OF AT LEAST $4,000 TO AN APPLICANT PURSUING A FOUR YEAR DEGREE IN ENGINEERING. IN ADDITION, $1,000 SCHOLARSHIPS WILL BE PRESENTED TO UNDERGRADUATE SOPHMORES, JUNIORS, OR SENIORS AND TO GRADUATE STUDENTS. SCHOLARSHIPS ARE AWARDED ON THE BASIS OF ACADEMIC MERIT AND PERSONAL ACHIEVEMENT. THE APPLICANT MUST BE ATTENDING AN ACCREDITED COLLEGE OR UNIVERSITY OR SELECTED FOR FALL ENTRY AS AN UNDERGRADUATE OR GRADUATE STUDENT. FORM 990, PART VI, SECTION A, LINE 3 THE EXECUTIVE DIRECTOR OF AAAASFI IS ALSO THE EXECUTIVE DIRECTOR OF ARMY AVIATION ASSOCIATION OF AMERICA INC. (AAAA) AND IS THE OWNER OF ARMY AVIATION PUBLICATIONS INC. (AAPI). AAAA HAS CONTRACTED WITH AAPI THROUGH SEPTEMBER 30, 2025 FOR AAPI TO PROVIDE AAAA AND AAAASFI WITH AN EXECTIVE DIRECTOR, WITH CERTAIN ADMINISTRATIVE AND PROGRAM SUPPORT, INCLUDING THE USE OF THEIR OFFICES, TO SUPPLY THE THE ARMY AVIATION MAGAZINE FOR DISTRIBUTION TO MEMBERS, AND FOR LIFE MEMBERSHIP SUPPORT. BEGINNING IN OCTOBER 2015 AAAA AGREED TO PAY AAPI $65,000 PER YEAR AS A MANAGMENT FEE FOR AAAASFI. AAAA ALSO ASSUMED RESPONSIBILITY FOR PAYMENT OF THE OPERATING EXPENSES OF AAASFI FOR WHICH AAAA RECEIVED NO REIMBURSEMENT AND THE AMOUNT OF WHICH IS REFLECTED AS IN-KIND CONTRIBUTIONS AND CORRESPONDING IN-KIND EXPENSES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 900 WAS REVIEWED BY A BOARD MEMBER AND THE EXECUTIVE DIRECTOR ON BEHALF OF THE BOARD BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 WILLIAM HARRIS, AAAA SCHOLARSHIP FOUNDATION, INC. 203-268-2450 593 MAIN STREET, MONROE, CT 06468 ARMY AVIATION ASSOCIATION OF AMERICA INC 593 MAIN STREET MONROE CT 06468 066041235 MEMBERSHIP ASSOCIATION CT 501(C)(4) 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ARMY AVIATION ASSOCIATION OF AMERICA INC C 112000 CASH ARMY AVIATION ASSOCIATION OF AMERICA INC M 123986 IN-KIND SERVICES