Aerospace & Defense Diversification Alliance In Peacetime Transition
- Assets
- $49.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 11-3164672
Organization Overview
Aerospace & Defense Diversification Alliance In Peacetime Transition is located in Garden City, NY. The organization was established in 1994. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aerospace & Defense Diversification Alliance In Peacetime Transition is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Aerospace & Defense Diversification Alliance In Peacetime Transition generated $54.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $36.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Spiezio Chairman | 3 | $0 | |
Michael Violano Treasurer | 1 | $0 | |
Gary Settoducato Director | 1 | $0 | |
Joseph Spinosa Director | 1 | $0 | |
George Likourezos Director | 1 | $0 | |
Lou Melluzzo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $27,325 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,115 |
| Other Revenue | $0 |
| Total Revenue | $54,444 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,768 |
| Total expenses | $36,468 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,622 |
| Other assets | $0 |
| Total assets | $49,122 |
| Total liabilities | $855 |
| Net assets or fund balances | $48,267 |