Council For Airport Opportunity Inc
- Assets
- $900.4k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 31
- Location
- Jamaica, NY
- Founding
- 12/1973
- Data as of
- 12/2021
- EIN
- 13-2696660
Organization Overview
Council For Airport Opportunity Inc is located in Jamaica, NY. The organization was established in 1973. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Council For Airport Opportunity Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council For Airport Opportunity Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Council For Airport Opportunity Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO IDENTIFY AND ADDRESS THE CRITICAL EMPLOYMENT NEEDS OF THE COMMUNITIES SURROUNDING THE NY/NJ METROPOLITAN AIRPORTS WHILE RESPONDING TO THE HIRING NEEDS OF AIRPORT TENANTS AND THE AVIATION INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN PROGRAM YEAR 2021, 9,161 CUSTOMERS WERE SERVED, AND CAREER ASSESSMENTS PROVIDED; 7,802 JOBS WERE POSTED; 9,081 REFERRALS WERE MADE TO EMPLOYERS AND 129 AIRPORT BUSINESSES WERE SERVED. 1,145 PLACEMENTS WERE RECORDED. THE CAO TEAM SUPPORTED AND PARTICIPATED IN 400 COMMUNITY EVENTS THAT INCLUDED JOB FAIRS, PRESENTATIONS TO COMMUNITY-BASED ORGANIZATIONS, VIRTUAL ORIENTATIONS AND CAO HOSTED OVER 200 EMPLOYER RECRUITMENT EVENTS. IN COLLABORATION WITH COMMUNITY PARTNERS, JOB READINESS WORKSHOPS AND SKILLS TRAINING PROGRAMS WERE ONGOING THROUGHOUT THE YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rahaman Muhammad Chair | OfficerTrustee | 1 | $0 |
Rory Mccormack Treasurer | OfficerTrustee | 1 | $0 |
Icema Gibbs Vice Chair | OfficerTrustee | 1 | $0 |
Crystal Robinson Member - United Airlines | Trustee | 0 | $0 |
Cherry Smith Member - Faa | Trustee | 1 | $0 |
Vincent Gauthier-Dore Member - Air Canada | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,727,773 |
| 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 | $1,727,773 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,729,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,057,224 |
| Compensation of current officers, directors, key employees. | $139,342 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $240,467 |
| Payroll taxes | $474,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,563 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $147,973 |
| Advertising and promotion | $0 |
| Office expenses | $4,243 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $302,369 |
| Travel | $5,116 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,926 |
| All other expenses | $0 |
| Total functional expenses | $2,419,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $844,426 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $42,362 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,569 |
| Total assets | $900,357 |
| Accounts payable and accrued expenses | -$281,555 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $1,490 |
| Total liabilities | -$280,065 |
| Net assets without donor restrictions | $1,180,422 |
| 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 | $900,357 |
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