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Organizations Academy Research and Development Institute

Academy Research and Development Institute

Fiscal year ending 2023. Filed on November 14, 2023.

720 Walsen Road
Colorado Springs, Colorado 80921

Academy Research and Development Institute (EIN: 74-2378230) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2023 IRS Form 990 filing, Academy Research and Development Institute, a 501(c)(3) charitable organization, reported compensation for 2 out of 3 total employees. Among the employees shown here, the average compensation is $170,205. The highest compensated employee at Academy Research and Development Institute is Michael Erdle with fiscal year 2023 compensation of $198,000.

Revenue, expenses, and employee compensation

Revenue

-$1,003,542

Expenses

$2,102,200

Employee compensation

$347,912
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Erdle
Chair
$198,000
$0 $198,000 No other comp
Dana Montgomery
Vice President and Director
$142,410
$132,700 No related comp$9,710

Benchmark Employee Compensation

Non-Employee Board Members

Terry Erdle
Vice Chair
$142,900
$0 $142,900 No other comp
Chris Miller
Director
No compensation reported
Rick Pyatt
Director
No compensation reported
Bob Edmonds
Director
No compensation reported
Jack Catton
Director
No compensation reported

Mission Statement

ARDI FORTIFIES ACADEMIC DISTINCTION AT THE UNITED STATES AIR FORCE ACADEMY BY ESTABLISHING, STEWARDING AND MANAGING PERPETUALLY ENDOWED ACADEMIC CHAIRS.

Revisions to this organization profile

November 14, 2023:
2023 Academy Research and Development Institute 990 filed
February 17, 2023:
2022 Academy Research and Development Institute 990 filed
March 4, 2022:
2021 Academy Research and Development Institute 990 filed

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