Cause IQ organization profile

Aerospace Corporation

Aerospace Corporation is a engineering or technology research center based in Los Angeles, CA that was founded in 1960. As of 2018 they had $1.0 billion in revenue and $689 million in assets.

At The Aerospace Corporation, we consider a challenging, respectful, and rewarding work environment an essential part of maintaining a workforce encompassing the best and brightest talent in our industry.

EIN:

95-2102389

City:

Los Angeles

State:

California

Website:

aerospace.org

Phone:

310-336-5000

Facebook:

facebook.com/AerospaceCorp

Twitter:

@aerospacecorp

Founded:

1960

Type:

501(c)(3)

NTEE:

U40: Engineer and technology research centers

Revenue:

$1,055,772,000

Assets:

$689,357,000

Employees:

4,698

Fiscal year end:

September

Revenue trends:

Asset trends:

Program areas at Aerospace Corporation

The corporation's primary customer is the Space and Missile Systems Center (SMC) of the Air Force Space Command. The corporation fulfills the functions of an architect-engineer for space systems. It assists with engineering tasks required to develop space systems, from initial concept and design to deployment and operation. Progress is monitored, alternatives and tests are analyzed, and problems are resolved in cooperation with industrial contractors and government laboratories.Aerospace laboratory research is directed toward advancements in military space systems, engineering feasibility studies of new system concepts, anomaly resolution, and analyses and forecast of domestic and foreign technologies. In fulfilling this architect-engineer role, Aerospace strives to minimize system development and operational risks, which in turn protects acquisition schedules and aids in cost containment.

Aerospace Civil Systems Group supports customers in three primary areas: NASA programs, NOAA (National Oceanic and Atmospheric Administration) programs and commercial, international and Homeland Security programs. The Civil Systems Group work enhances our mission assurance capabilities for our national security space customer, SMC.

Form 990s for Aerospace Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-09	Oct 3, 2019	990	View PDF
2017-09	Nov 15, 2018	990	View PDF
2016-09	Oct 20, 2017	990	View PDF
2015-09	Dec 6, 2016	990	View PDF
2014-09	Sep 15, 2015	990	View PDF
...and five more Form 990 PDFs

Financials for Aerospace Corporation

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$61,251	$39,916	53.4%
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$61,251	$39,916	53.4%

Field	2018	2017	% Change
Total grants, contributions, etc.	$61,251	$39,916	53.4%
Program services	$1,053,248,523	$972,964,000	8.3%
Investment income and dividends	$502,000	$441,000	13.8%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$110,000	$77,000	42.9%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,850,226	$989,084	87.1%
Total revenues	$1,055,772,000	$974,511,000	8.3%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$284,334	$278,703	2.0%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$20,665,206	$15,799,748	30.8%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$606,441,109	$564,331,403	7.5%
Pension/retirement accruals and contributions	$97,051,986	$114,731,232	-15.4%
Other employee benefits	$48,830,595	$51,448,354	-5.1%
Payroll taxes	$38,424,429	$35,665,861	7.7%
Management fees	$0	$0
Legal fees	$2,015,409	$2,765,079	-27.1%
Accounting fees	$735,786	$898,309	-18.1%
Lobbying fees	$65,301	$53,147	22.9%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$52,623	-100%
Other fee-for-service	$2,560,858	$1,825,331	40.3%
Advertising and promotion	$455,222	$483,026	-5.8%
Office expenses	$25,296,192	$19,643,909	28.8%
Information tech. expenses	$32,587,105	$28,995,268	12.4%
Royalty expenses	$38,439	$38,833	-1.0%
Occupancy	$37,297,395	$35,688,617	4.5%
Travel	$28,011,983	$25,923,872	8.1%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$3,662,051	$3,591,568	2.0%
Interest	$8,124,369	$8,658,360	-6.2%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$44,589,885	$43,986,647	1.4%
Insurance	$1,028,592	$1,002,429	2.6%
All other expenses	$53,425,754	$42,546,681	25.6%
Total expenses	$1,051,592,000	$998,409,000	5.3%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$52,661,583	$59,013,188	-10.8%
Pledges and grants receivable	$0	$0
Accounts receivable	$85,056,118	$64,071,718	32.8%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$15,977,228	$12,356,466	29.3%
Buildings, equipment, etc. post-depreciation	$504,495,908	$503,409,185	0.2%
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$31,166,163	$17,434,443	78.8%
Total assets	$689,357,000	$656,285,000	5.0%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$111,483,362	$98,713,045	12.9%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$127,450,656	$138,558,114	-8.0%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$486,593,709	$608,623,919	-20.1%
Total liabilities	$725,527,727	$845,895,078	-14.2%

Field	2018	2017	% Change
Unrestricted net assets	$-36,170,727	$-189,610,078	80.9%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Aerospace Corporation

Vendor	Services	Amount paid	Date
Mercer	Consulting (general)	$87,000	2019-12-31
████████ ███████████ █████████████	Participant loan processing; Investment management	$119,819	2019-12-31
█████ ███	Audit accounting		2019-12-31
██████	Content management system software		2019-08-17
██████	Fundraising software		2019-08-17
███████ ███ ████	Fundraising software; Payment processing		2019-08-17
█████████	Content management system software		2019-08-17
█████████	Marketing software		2019-08-17
...and 15 more vendors

Personnel at Aerospace Corporation

Name	Title	Compensation	Most recent data
Steven J. Isakowitz	President and Chief Executive Officer	-	Aug. 27, 2019
Ellen M Beatty	Vice President, Chief Financial Officer	-	Oct. 3, 2019
███ ███████ ██ ████████ █████	Senior Vice President, Chief Velocity Officer	-	Oct. 26, 2017
███████ ██ █████████	Vice President, Technology and Laboratory Operations	-	Oct. 26, 2017
███ ███████ ██ █████████	Senior Vice President, Engineering and Technology Group	-	Oct. 26, 2017
█████████ ██ ██████	Senior Vice President, National Systems Group	-	Oct. 26, 2017
██████ ██ ███████	Senior Vice President, Civil Systems Group	-	Oct. 26, 2017
█████ ██ █████	Vice President, Strategic Space Operations	-	Oct. 26, 2017
██████ ██ █████	Senior Vice President, Space Systems Group	-	Oct. 26, 2017
████████ ██ ███████ ███████	Vice President, Launch Program Operations	-	Oct. 26, 2017
...and 17 more key personnel

Peer engineer and technology research centers

	Name	Type	Revenue	Location
1	Research Foundation for the State University of New York (RFSUNY)	501(c)(3)	$1.1 billion	Albany, NY
2	National Academy of Sciences	501(c)(3)	$298 million	Washington, DC
3	SRI International	501(c)(3)	$408 million	Menlo Park, CA
4	Association of Universities for Research in Astronomy	501(c)(3)	$370 million	Washington, DC
5	Southwest Research Institute	501(c)(3)	$591 million	San Antonio, TX
6	Noblis	501(c)(3)	$322 million	Reston, VA
7	Mitre	501(c)(3)	$1.7 billion	Mclean, VA
8	Electric Power Research Institute	501(c)(3)	$421 million	Palo Alto, CA
9	Draper Laboratory	501(c)(3)	$607 million	Cambridge, MA
10	Commonwealth Scientific and Industrial Research Organization	501(c)(3)	$1.0 billion	Australia,
11	Institut Pasteur	501(c)(3)	$299 million	France,
12	Massachusetts Institute of Technology (MIT)	501(c)(3)	$4.4 billion	Cambridge, MA
13	Bar Ilan University (BIU)	501(c)(3)	$383 million	New York, NY
14	Battelle Memorial Institute	501(c)(3)	$5.0 billion	Columbus, OH
15	The Rockefeller University	501(c)(3)	$496 million	New York, NY
16	United States PHARMACOPEIAL Convention (USP)	501(c)(3)	$332 million	Rockville, MD
17	Alliance for Sustainable Energy	501(c)(3)	$411 million	Golden, CO
18	Fermi Research Alliance LLC	501(c)(3)	$416 million	Batavia, IL
19	Research Triangle Institute (RTI)	501(c)(3)	$965 million	Research Triangle Park, NC
20	University of British Columbia (UBC)	501(c)(3)	$1.8 billion	Canada,
21	Carleton University	501(c)(3)	$518 million	Canada,
22	American Heart Association (AHA)	501(c)(3)	$746 million	Dallas, TX
23	Program for Appropriate Technology in Health Path (PATH)	501(c)(3)	$309 million	Seattle, WA
24	The Common Fund for Nonprofit Organizations	501(c)(3)	$270 million	Wilton, CT
25	Act	501(c)(3)	$349 million	Iowa City, IA

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Cause IQ organization profile

Aerospace Corporation

Program areas at Aerospace Corporation

Form 990s for Aerospace Corporation

Financials for Aerospace Corporation

Vendors for Aerospace Corporation

Personnel at Aerospace Corporation

Peer engineer and technology research centers

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