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Nonprofit · EIN 52-0888529

RADIO AMATEUR SATELLITE CORPORATION

Tax-exempt · WASHINGTON, DC 20044

Financials

$622K$163K2021$313K$277K2023$358K$254K2024
Revenue Expenses · by fiscal year end
Financials of RADIO AMATEUR SATELLITE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$357,636$254,121$103,515$1,879,053$20,173$1,858,880
December 31, 2023990$313,056$277,457$35,599$1,713,248$5,736$1,707,512
December 31, 2021990$622,235$162,613$459,622$1,322,009$5,079$1,316,930
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$194,071
Membership dues
$98,251
Program service revenue
$7,560
Investment income
$134,318
Net gain from sales of assets
$80,991
Net income from sales of inventory
$21,687
Other revenue
$21,687

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,190
Accounting fees
$21,650
Occupancy
$10,904
Travel
$26,812
Program services (functional)
$214,074
Management and general (functional)
$37,261
Fundraising (functional)
$2,786

Balance sheet and other

Total assets, start of year
$1,713,248
Total assets, end of year
$1,879,053
Total liabilities, end of year
$20,173
Net assets, end of year
$1,858,880
Publicly traded securities
$1,689,914
Net assets without donor restrictions
$1,731,556
Net assets with donor restrictions
$127,324
Gross receipts
$942,027
Employees
0
Volunteers
70
Year formed
1969
State of legal domicile
DC

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BARRY BAINESDIRECTOR
Trustee or director
2$0
ROBERT BANKSTONPRESIDENT
Trustee or director, Officer
20$0
STEVE BELTERTREASURER
Officer
15$0
GERALD BUXTONVP ENGINEERI
Trustee or director, Officer
40$0
ANDREW GLASBRENNERVP OPERATION
Trustee or director, Officer
5$0
MARK HAMMONDDIRECTOR
Trustee or director
5$0
ALAN JOHNSTONVP EDUCATION
Officer
10$0
FRANK KARNAUSKASVP DEVELOPME
Officer
25$0
ZACH METZINGERDIRECTOR
Trustee or director
1$0
BRUCE PAIGEDIRECTOR
Trustee or director
2$0
PAUL STOETZEREXECUTIVE VP
Trustee or director, Officer
5$0
DOUG TABORSECRETARY
Officer
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ROBERT BANKSTONPRESIDENT
Trustee or director, Officer
25$0
STEVE BELTERTREASURER
Officer
15$0
JONATHAN BRANDENBURGAVP ENGINEER
Officer
10$0
GERALD BUXTONVP ENGINEERI
Trustee or director, Officer
40$0
JEFF DAVISSECRETARY
Officer
1$0
ANDREW GLASBRENNERVP OPERATION
Trustee or director, Officer
15$0
MARK HAMMONDDIRECTOR
Trustee or director
10$0
ALAN JOHNSTONVP EDUCATION
Officer
10$0
FRANK KARNAUSKASVP DEVELOPME
Officer
15$0
ZACH METZINGERDIRECTOR
Trustee or director
2.5$0
BRUCE PAIGEDIRECTOR
Trustee or director
2$0
PAUL STOETZEREXECUTIVE VP
Trustee or director, Officer
5$0
990 for the year ended December 31, 2021: 12 people
NameTitleHours / weekCompensation
ROBERT BANKSTONPRESIDENT
Trustee or director, Officer
25$0
GERALD BUXTONVP ENGINEERI
Trustee or director, Officer
35$0
PAUL STOETZEREXECUTIVE VP
Trustee or director, Officer
25$0
ALAN JOHNSTONVP EDUCATION
Officer
10$0
FRANK KARNAUSKASVP DEVELOPME
Officer
10$0
ANDREW GLASBRENNERVP OPERATION
Officer
10$0
JONATHAN BRANDENBURGAVP ENGINEER
Officer
10$0
STEVE BELTERTREASURER
Officer
15$0
MARK HAMMONDDIRECTOR
Trustee or director
10$0
ZACH METZINGERDIRECTOR
Trustee or director
5$0
BRUCE PAIGEDIRECTOR
Trustee or director
3$0
JOSEPH ARMBRUSTERDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 27, WASHINGTON, DC 20044-0027
Principal officer (990 for 2024)
ROBERT BANKSTON, PO BOX 27, WASHINGTON, DC 200440027
Signed the 990
ROBERT BANKSTON, PRESIDENT
Phone
(334) 494-0826
Return prepared by
HUTH THOMPSON LLP

Mission

TO DESIGN AND BUILD SATELLITES FOR AMATEUR RADIO COMMUNICATION, AND PROMOTE RELATED SKILLS AND INTEREST IN POTENTIAL USERS.

990 for the year ended December 31, 2024

Program accomplishments

  • PUBLICATIONS AND SOFTWARE - DEVELOP, PUBLISH, PRINT, AND DISTRIBUTE EDUCATIONAL MATERIALS RELATED TO COMMUNICATION SATELLITES, AMATEUR RADIO, AND SCIENTIFIC, EDUCATIONAL, AND TECHNICAL PROGRAMS. THERE WERE SIX JOURNALS PUBLISHED DURING THE CURRENT YEAR.
    Expenses $2,682 · revenue $1,960
  • INFORMATION AND SYMPOSIA - PROVIDED ELECTRONIC INFORMATION SERVICES TO SERVICE THE NEEDS OF OVER 700,000 STUDENTS, LICENSED AMATEUR RADIO OPERATORS, AND EDUCATORS.
    Expenses $92,027 · revenue $5,600
  • SATELLITE DEVELOPMENT - DESIGN, CONSTRUCT, AND LAUNCH SATELLITES FOR AMATEUR RADIO COMMUNICATION.
    Expenses $117,437
  • SATELLITE OPERATIONS - TO OPERATE SATELLITES OF AMATEUR RADIO COMMUNICATION
    Expenses $1,928

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-0888529
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
1969
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,879,053
Income (IRS master file)
$942,027

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$357,636$254,121$1,879,053XML
990December 2023$313,056$277,457$1,713,248XML
990December 2022$485,691$129,261$1,503,692IRS
990December 2021$622,235$162,613$1,322,009XML
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2017–––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 52-0888529).

Questions about RADIO AMATEUR SATELLITE CORPORATION

What is the EIN of RADIO AMATEUR SATELLITE CORPORATION?
The employer identification number (EIN) of RADIO AMATEUR SATELLITE CORPORATION is 52-0888529.
Is RADIO AMATEUR SATELLITE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to RADIO AMATEUR SATELLITE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RADIO AMATEUR SATELLITE CORPORATION 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 RADIO AMATEUR SATELLITE CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RADIO AMATEUR SATELLITE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RADIO AMATEUR SATELLITE CORPORATION?
The 990 for the year ended December 31, 2024 names ROBERT BANKSTON.
Who are the officers and directors of RADIO AMATEUR SATELLITE CORPORATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does RADIO AMATEUR SATELLITE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $357,636, expenses of $254,121 and total assets of $1,879,053 at year end.

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