Louisville Regional Airlift Development Inc

LOUISVILLE, KY EIN: 82-1630163

Community Improvement & Capacity Building

OUR MISSION IS TO DEVELOP NEW NONSTOP AIR SERVICE ROUTES FROM LOUISVILLE INTERNATIONAL AIRPORT TO IMPORTANT DOMESTIC AND INTERNATIONAL DESTINATIONS OVER A MULTI-YEAR PERIOD TO BENEFIT THE ENTIRE REGION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$547K

-32.9% YoY

Annual Giving

$425K

-61.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$213K

-61.9% YoY

About Louisville Regional Airlift Development Inc

Based on IRS filings

Louisville Regional Airlift Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $547K in total assets. In 2024, it awarded 2 grants totaling $425K.

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $1.2M (80%)

Utah $310K (20%)

States

Texas Utah

Cities

Ft WorthSalt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$546,823	$815,108	$1,275,147
Revenue	$162,275	$657,944	$250,000
Expenses	$430,560	$1,117,689	$251,604
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Airlines ($365,268), Breeze Airways ($60,000).

Recipient	Purpose	Amount
BREEZE AIRWAYS SALT LAKE CITY, UT	SUPPORT OF AIRLINE'S NONSTOP SERVICE FOR NEW AIR SERVICE ROUTES	$60,000
AMERICAN AIRLINES FT WORTH, TX	SUPPORT OF AIRLINES NONSTOP SEVICE FOR NEW AIR SERVICE ROUTES.	$365,268

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SANDRA FRAZIER	BOARD CHAIR	1	—
ED GLASSCOCK	VICE CHAIRMAN	1	—
MICHAEL MOUNTJOY	SECRETARY/TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Louisville Regional Airlift Development Inc?

Louisville Regional Airlift Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in LOUISVILLE, KY. It holds $547K in total assets as of 2024.

How large is Louisville Regional Airlift Development Inc?

As of 2024, Louisville Regional Airlift Development Inc holds $547K in total assets with $162K in annual revenue. It awarded 2 grants totaling $425K in 2024.

Where does Louisville Regional Airlift Development Inc operate?

Louisville Regional Airlift Development Inc has awarded grants in Texas, Utah.

What size grants does Louisville Regional Airlift Development Inc award?

In 2024, Louisville Regional Airlift Development Inc awarded 2 grants totaling $425K — an average of about $213K per grant, based on its IRS Form 990 filings.

What is Louisville Regional Airlift Development Inc's EIN?

Louisville Regional Airlift Development Inc's EIN (Employer Identification Number) is 82-1630163. IRS Form 990 filing data is available on this page for 2020–2024.