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Filing year 2023

OHIO AEROSPACE INSTITUTE

Brookpark, Ohio·EIN 34-1621676·NTEE U32Z · Science & Technology·501(c)(3)
Total revenue
$17.1M
Total assets
$14.2M
Total expenses
$17M
Reported officers
20
Mission

THE PRIMARY TAX-EXEMPT PURPOSE IS TO FURTHER HUMAN SCIENTIFIC AND ENGINEERING KNOWLEDGE IN A BROAD ARRAY OF AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL AND DEVELOPMENTAL RESEARCH; TO BUILD OHIO'S AEROSPACE ECONOMY THROUGH RESEARCH AND TECHNOLOGY, EDUCATION AND TRAINING, AND COLLABORATION AND INFORMATION EXCHANGE. TO FURTHER THE SCIENTIFIC AND ENGINEERING EDUCATION OF DOCTORAL LEVEL GRADUATE AND CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO, AND TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH EDUCATION. TO SPONSOR, PROMOTE AND DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO; TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; AND TO DEVELOP AEROSPACE RESEARCH AND GRADUATE EDUCATION RESOURCES IN OHIO.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

President & CEO
75th to 90th percentile
$342k
$378k
Base
$310k
Bonus
Other
Benefits
$32k
Associate Chief Scientist
Highest Compensated Employee
75th to 90th percentile
$299k
$331k
Base
$247k
Bonus
Other
Benefits
$52k
Chief Financial Officer
75th to 90th percentile
$299k
$331k
Base
$255k
Bonus
Other
Benefits
$44k
Chief Scientist
Highest Compensated Employee
Median to 75th percentile
$277k
$306k
Base
$224k
Bonus
Other
Benefits
$53k
Sr. Program Manager
Program Manager
Above 90th percentilevs all sectors nationwide
$270k
$298k
Base
$231k
Bonus
Other
Benefits
$38k
Sr. Program Manager
Program Manager
Above 90th percentilevs all sectors nationwide
$267k
$295k
Base
$231k
Bonus
Other
Benefits
$36k
Principal Scientist
Highest Compensated Employee
Median to 75th percentile
$238k
$262k
Base
$185k
Bonus
Other
Benefits
$53k
Secretary
Officer (Unspecified)
$124k
$137k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OHIO AEROSPACE INSTITUTE equaled 2% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
2%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 4%
from 2022

From $355k in 2022 to $342k in 2023.

$355k
2022
$342k
2023
In today's dollarsEst.
Down 7% in real terms$407k to $378k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 4% from 2022 to 2023, while revenue rose 105%.

$355k in 2022 to $342k in 2023.
  • Highest Compensated Employee pay rose 20% from 2022 to 2023.
  • Chief Financial Officer pay rose 79% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about OHIO AEROSPACE INSTITUTE

What does the Chief Executive Officer of OHIO AEROSPACE INSTITUTE earn?

In 2023, the Chief Executive Officer of OHIO AEROSPACE INSTITUTE received $341,969 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Science & Technology organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OHIO AEROSPACE INSTITUTE compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at OHIO AEROSPACE INSTITUTE falls between the 75th and 90th percentiles. In 2023, the highest total compensation at OHIO AEROSPACE INSTITUTE equaled 2% of the organization's total expenses. The median for science & technology organizations is 9%.

What are OHIO AEROSPACE INSTITUTE's revenue and expenses?

In 2023, OHIO AEROSPACE INSTITUTE reported $17.1M in total revenue and $17M in total expenses on its IRS Form 990.

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