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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building First Flight Venture Center Inc.

First Flight Venture Center Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

2 Davis Drive
Research Triangle Park, North Carolina 27709

First Flight Venture Center Inc. (EIN: 56-1752731) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, First Flight Venture Center Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 8 total employees. Among the employees shown here, the average compensation is $142,000. The highest compensated employee at First Flight Venture Center Inc. is Krista Covey with fiscal year 2024 compensation of $179,000.

Revenue, expenses, and employee compensation

Revenue

$12,132,561

Expenses

$1,561,799

Employee compensation

$575,139
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Krista Covey
President
$179,000
$179,000 No related compNo other comp
Emil Runge IV
Program Manager
$105,000
$105,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dan O'Korn
Director
James Nichols
Director
Jean Davis
Director
Kenneth Tindall
Secretary
Lebone Moses
Treasurer
Mary Beth Thomas
Director
Mary Musacchia
Board Chair
Paula Henderson
Director

Contractors

Eskola LLC
Roofing
$246,561

Mission Statement

PROVIDING FLEXIBLE TERMS AND PRICING TO NORTH CAROLINA TECHNOLOGY ENTREPRENEURS IN THE AREAS OF NON-DILUTIVE FUNDING STRATEGIES, ADVANCED PROTOTYPING, AND LABORATORY AND OFFICE LEASES. WE SUPPORT NC TECHNOLOGY ENTREPRENEURS IN GROWING THEIR BUSINESSES.

Revisions to this organization profile

November 13, 2025:
2024 First Flight Venture Center Inc. 990 filed
September 12, 2024:
2023 First Flight Venture Center Inc. 990 filed
November 1, 2023:
2022 First Flight Venture Center Inc. 990 filed

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