American Arbitration Association Inc
- Assets
- $452.6m
- Revenue
- $139.6m
- Investments
- $0.0
- Employees
- 731
- Location
- New York, NY
- Founding
- 06/1939
- Data as of
- 12/2023
- EIN
- 13-0429745
Organization Overview
American Arbitration Association Inc is located in New York, NY. The organization was established in 1939. According to its NTEE Classification (I51) the organization is classified as: Dispute Resolution & Mediation, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, American Arbitration Association Inc employed 731 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Arbitration Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Arbitration Association Inc generated $139.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $125.6m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, American Arbitration Association Inc has awarded 78 individual grants totaling $10,879,427. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN ARBITRATION ASSOCIATION ("AAA") IS DEDICATED TO EFFECTIVE, EFFICIENT AND ECONOMICAL METHODS OF DISPUTE RESOLUTION THROUGH EDUCATION, TECHNOLOGY AND SOLUTIONS-ORIENTED SERVICE.THE CORPORATE PURPOSE OF THE AAA, AS DESCRIBED IN ITS BYLAWS, IS "FOR THE BENEFIT AND EDUCATION OF THE GENERAL PUBLIC AND INTERESTED PARTIES, TO STUDY, RESEARCH, PROMOTE, ESTABLISH AND ADMINISTER PROCEDURES FOR THE RESOLUTION OF DISPUTES OF ALL KINDS THROUGH THE USE OF ARBITRATION, MEDIATION, CONCILIATION, NEGOTIATION, DEMOCRATIC ELECTIONS AND OTHER VOLUNTARY PROCEDURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASE ADMINISTRATION:THE AAA ADMINISTERS HUNDREDS OF THOUSANDS OF ARBITRATIONS, MEDIATIONS AND OTHER FORMS OF DISPUTE RESOLUTION IN A GIVEN YEAR. THE AAA'S ADMINISTRATIVE ROLE IN THESE PROCESSES IS TO PROVIDE A FORUM WHERE DISPUTES CAN BE RESOLVED, TO PROVIDE QUALIFIED ARBITRATORS, MEDIATORS AND OTHER DISPUTE RESOLUTION PROFESSIONALS, AND TO APPLY OUR RULES THAT GOVERN THE CONDUCT OF THOSE PROCEEDINGS. THE RESULT OF THE AAA'S COLLECTIVE PROGRAMS HAS RESULTED IN A LESSENING OF THE BURDENS OF OUR COURTS AND GOVERNMENT.
EDUCATION AND PUBLICATIONS: THE AAA EDUCATION SERVICES DIVISION PROVIDES COMPREHENSIVE EDUCATION AND TRAINING. ITS FOCUS IS EDUCATION AND TRAINING PROGRAMS BOTH IN DOMESTIC AND INTERNATIONAL SETTINGS AS WELL AS ONLINE FORMATS TO ARBITRATORS AND MEDIATORS SERVING THE AAA AND ICDR AS WELL AS ADVOCATES, BUSINESS PROFESSIONALS, AND THE GENERAL PUBLIC. THE GOAL OF THESE PROGRAMS IS TO EDUCATE AND ENCOURAGE THE RESPONSIBLE USE OF ALTERNATIVE DISPUTE RESOLUTION PROCESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Bennington Director | Trustee | 2.5 | $0 |
Barbara Mcgivern Director | Trustee | 2.5 | $0 |
Bridget Mccormack President And CEO | OfficerTrustee | 50 | $614,958 |
Christi Underwood Chairperson Of Council | OfficerTrustee | 2.5 | $0 |
David L Evans ESQ Director (outgoing) | Trustee | 2.5 | $0 |
Denis J Hauptly Director (outgoing) | Trustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zensar Technologies Inc It Support & Development | 12/30/23 | $5,060,840 |
Tyler Technologies Inc Software Company | 12/30/23 | $2,358,862 |
Big Idea Marketing Services | 12/30/23 | $1,555,814 |
Grant Thornton Llp Internal Audit & Other Services | 12/30/23 | $1,004,445 |
Schnader Harrison Segal & Lewis Llp Legal Services | 12/30/23 | $253,707 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $134,011,601 |
| Investment income | $10,472,643 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $479,707 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,385,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,578,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,030,450 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,205,052 |
| Compensation of current officers, directors, key employees. | $1,546,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,029,626 |
| Pension plan accruals and contributions | $4,058,734 |
| Other employee benefits | $8,711,674 |
| Payroll taxes | $4,830,322 |
| Fees for services: Management | $7,167,906 |
| Fees for services: Legal | $810,162 |
| Fees for services: Accounting | $235,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,498,348 |
| Office expenses | $2,435,953 |
| Information technology | $4,212,463 |
| Royalties | $0 |
| Occupancy | $9,457,246 |
| Travel | $1,148,181 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $971,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,348,936 |
| Insurance | $1,003,668 |
| All other expenses | $1,134,967 |
| Total functional expenses | $125,561,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,008 |
| Savings and temporary cash investments | $20,524,476 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,249,688 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,445,813 |
| Net Land, buildings, and equipment | $14,386,468 |
| Investments—publicly traded securities | $349,656,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,326,232 |
| Other assets | $976,157 |
| Total assets | $452,568,273 |
| Accounts payable and accrued expenses | $216,486,534 |
| Grants payable | $0 |
| Deferred revenue | $50,291,117 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,327,565 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,535,784 |
| Total liabilities | $310,641,000 |
| Net assets without donor restrictions | $141,927,273 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $452,568,273 |
Grants Awarded
Over the last fiscal year, American Arbitration Association Inc has awarded $990,450 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AAA-ICDR FOUNDATION INC PURPOSE: GENERAL SUPPORT | $665,000 |
ABA FUND FOR JUSTIC AND EDUCATION AMERICAN BAR ASSOCIATION PURPOSE: GENERAL SUPPORT | $50,000 |
NATIONAL FRATERNAL ORDER OF POLICE FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |
LEGAL AID ASSOCIATION OF CALIFORNIA SELF-REPRESENTED LITIGATION NETWORK PURPOSE: GENERAL SUPPORT | $35,000 |
FEEDMORE WNY FOUNDATION PURPOSE: GENERAL SUPPORT | $30,000 |
PROBONONET INC PURPOSE: GENERAL SUPPORT | $15,000 |