Aerospace Corporation
Aerospace Corporation
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About this organization
Mission
Our purpose is to assist the government and other customers in conception, design, acquisition and operations of space and other complex systems. Mission: Working to improve effectiveness for space operations and end-user communities, contributing to acquisition success and to 100% mission success.
About
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.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “Our purpose is to assist the government and other customers in conception, design, acquisition and operations of space and other complex systems. mission: working to improve effectiveness for space operations and end-user communities, contributing to acquisition success and to 100% mission success.”.
When talking about its functions, they were outlined as: “Our purpose is to assist the government and other customers in conception, design, acquisition and operations of space and other complex systems. mission: working to improve effectiveness for space operations and end-user communities, contributing to acquisition success and to 100% mission success.”.
- The legally reported state of operation for the non-profit is CA.
- According to the filing, the non-profit's address in 2020 is 2310 E El Segundo Blvd, El Segundo, CA, 90245.
- The non-profit organization as of 2020 has a total of 5014 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $57,025,000.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has a foreign financial account.
- The organization has 15 independent voting members.
- The organization was formed in 1960.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $807,284,345 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has a business related family member transaction.
- The organization's financial statements were reviewed by an accountant.