Nonprofit · EIN 20-3823693
INDIANA AIR SEARCH & RESCUE INC
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $140,717 | $167,275 | -$26,558 | $694,258 | $15,293 | $678,965 |
| June 30, 2024 | 990 | $70,715 | $199,023 | -$128,308 | $720,816 | $15,293 | $705,523 |
| June 30, 2023 | 990 | $145,204 | $41,825 | $103,379 | $1,187,891 | $15,142 | $1,172,749 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $124,217
- Membership dues
- $6,890
- Program service revenue
- $16,500
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,008
- Occupancy
- $9,400
- Travel
- $5,858
- Depreciation
- $123,305
- Program services (functional)
- $161,929
- Management and general (functional)
- $5,346
Balance sheet and other
- Total assets, start of year
- $720,816
- Total assets, end of year
- $694,258
- Total liabilities, end of year
- $15,293
- Net assets, end of year
- $678,965
- Land, buildings and equipment
- $684,695
- Net assets without donor restrictions
- $678,965
- Gross receipts
- $140,717
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2006
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES F WALKER | PRESIDENT Trustee or director, Officer | 25 | $0 |
| REBECCA S WALKER | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| FRANK L SHERA | TREASURER Trustee or director, Officer | 5 | $0 |
| JOSEPH FEERER | OFFICER Trustee or director, Officer | 5 | $0 |
| ANTHONY MORAN | OFFICER Trustee or director, Officer | 5 | $0 |
| BOB CLARY | OFFICER Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES F WALKER | PRESIDENT Trustee or director, Officer | 25 | $0 |
| REBECCA S WALKER | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| FRANK L SHERA | TREASURER Trustee or director, Officer | 5 | $0 |
| JOSEPH FEERER | OFFICER Trustee or director, Officer | 5 | $0 |
| ANTHONY MORAN | OFFICER Trustee or director, Officer | 5 | $0 |
| BOB CLARY | OFFICER Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES F WALKER | PRESIDENT Trustee or director, Officer | 25 | $0 |
| REBECCA S WALKER | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| FRANK L SHERA | TREASURER Trustee or director, Officer | 5 | $0 |
| JOSEPH FEERER | OFFICER Trustee or director, Officer | 5 | $0 |
| ANTHONY MORAN | OFFICER Trustee or director, Officer | 5 | $0 |
| BOB CLARY | OFFICER Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 20 N MERIDIAN ST STE 206, INDIANAPOLIS, IN 46204-3023
- In care of
- % CHARLES F WALKER
- Principal officer (990 for 2024)
- CHARLES WALKER, 20 NORTH MERIDIAN STREET 206, INDIANAPOLIS, IN 46204
- Signed the 990
- CHARLES WALKER, PRESIDENT
- Phone
- (317) 636-5007
- Website
- HTTP://IASAR.ORG/
- Return prepared by
- KSM BUSINESS SERVICES INC
Mission
TO PROVIDE AIR RELIEF AND HISTORICAL PRESERVATION AND EDUCATION TO OUR COMMUNITY.
Program accomplishments
- RESCUE AND RESTORATION OF VINTAGE UH-1H HUEY VIETNAM ERA HELICOPTER AND OTHER VINTAGE MILITARY AIRCRAFT.Expenses $161,929 · revenue $16,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3823693
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $694,258
- Income (IRS master file)
- $140,717
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $140,717 | $167,275 | $694,258 | IRS |
| 990 | June 2024 | $70,715 | $199,023 | $720,816 | IRS |
| 990 | June 2023 | $145,204 | $41,825 | $1,187,891 | XML |
| 990 | June 2022 | $115,632 | $37,188 | $1,085,358 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3823693).
Questions about INDIANA AIR SEARCH & RESCUE INC
- What is the EIN of INDIANA AIR SEARCH & RESCUE INC?
- The employer identification number (EIN) of INDIANA AIR SEARCH & RESCUE INC is 20-3823693.
- Is INDIANA AIR SEARCH & RESCUE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to INDIANA AIR SEARCH & RESCUE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANA AIR SEARCH & RESCUE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDIANA AIR SEARCH & RESCUE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIANA AIR SEARCH & RESCUE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INDIANA AIR SEARCH & RESCUE INC?
- The 990 for the year ended June 30, 2025 names CHARLES WALKER.
- Who are the officers and directors of INDIANA AIR SEARCH & RESCUE INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does INDIANA AIR SEARCH & RESCUE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $140,717, expenses of $167,275 and total assets of $694,258 at year end.
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