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Aerospace & Defense Diversification in Peacetime Transition Inc

Garden City, NY · EIN 113164672 · Form 990EZ · FY2024 · Small ($100K-$1M)
revenue
$101K
expenses
$88K
net assets
$80K
employees
mission · from form 990

Help aerospace and defense business prosper in changing times

profile · synthesized from sources

Aerospace & Defense Diversification in Peacetime Transition Inc supports aerospace and defense businesses in adapting to peacetime economic shifts. The organization focuses on helping these industries transition and remain viable during periods of reduced military demand. Based in Garden City, NY, it operates with an emphasis on strategic diversification for defense-dependent firms.

named programs · 1 · from sources

What they call their work

Peacetime Transition Planning
Provides strategic guidance to aerospace and defense companies seeking to diversify operations during periods of reduced defense spending
activities · 1 group

What they do

  • Professional Field Knowledge Development 1 activity
    • Support for aerospace and defense businesses in economic or geopolitical transitions
      Provides assistance to aerospace and defense businesses adapting to changing economic or geopolitical conditions, with a focus on peacetime transition strategies.
financials · form 990EZ · fy2024
revenue
Total revenue$101K
Contributions & grants$00%
Program service revenue$00%
Investment income$90%
Other revenue
expenses
Total expenses$88K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out
balance sheet
Total assets$80K
Cash
Investments
Liabilities
Net assets$80K
5 years on record · 2020–2024 · YoY revenue +10.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 11
  • Amy Erickson — Director
  • Andy Parton — Director
  • Bill Koshansky — Director
  • Gary Settoducato — Director
  • Jay Mulhall — Director
  • Joseph Spinosa — Director
  • Lou Melluzzo — Director
  • Mike Cochrane — Director
  • Mike Osterloh — Director
  • Sharon DeVivo — Director
  • Thomas Riedy — Director
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Peacetime Transition Support
    methodology: peacetime-transition support
    By assisting aerospace and defense businesses in adapting to peacetime or post-conflict economic conditions, we promote their long-term sustainability, because diversification and strategic reorientation reduce economic vulnerability during reduced defense spending cycles.