Modification And Replacement Parts Association Inc
- Assets
- $32.2k
- Revenue
- $520.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 26-0499742
Organization Overview
Modification And Replacement Parts Association Inc is located in Washington, DC. The organization was established in 2013. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Modification And Replacement Parts Association Inc 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 12/2023, Modification And Replacement Parts Association Inc generated $520.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $499.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MARPA IS AN ASSOCIATION OF AVIATION INDUSTRY REPLACEMENT AND ALTERATION PART MANUFACTURERS WHO OBTAIN APPROPRIATE CIVIL AVIATION DESIGN AND PRODUCTION APPROVALS FOR THEIR PARTS. MARPA'S NUMBER ONE PRIORITY IS AVIATION SAFETY. MARPA PROMOTES THE FREE ENTERPRISE COMPETITIVE NATURE OF PRODUCING AND SELLING HIGH-QUALITY AND SAFE PARTS THROUGH UNIFORM STANDARDS; REPRESENTS THE MEMBERSHIP ON REGULATORY ISSUES; AND ENHANCES MEMBERS REPUTATIONS BY COMMUNICATING THE VALUE OF THEIR PARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARPA EDUCATES THE INDUSTRY ABOUT THE VALUE OF FAA-PMA PARTS AND FOSTERS BUSINESS RELATIONSHIPS THROUGH ITS ANNUAL CONFERENCE. MARPA'S 2023 ANNUAL CONFERENCE WAS HELD IN ORLANDO AND FEATURED EDUCATIONAL WORKSHOPS AND GENERAL SESSIONS AS WELL AS 1:1 MEETINGS BETWEEN MANUFACTURERS AND AIR CARRIERS.
MARPA EDUCATES THE GLOBAL INDUSTRY ABOUT THE VALUE OF FAA-PMA PARTS AND FOSTERS BUSINESS RELATIONSHIPS THROUGH ITS EMEA CONFERENCE. MARPA'S 2023 EMEA CONFERENCE WAS HELD IN AMSTERDAM AND FEATURED A SPECIAL SEMINAR FOR KLM AIRLINES.
MARPA WORKS CLOSELY WITH GOVERNMENT BODIES TO FOSTER A REGULATORY ATMOSPHERE PROMOTING HIGH LEVELS OF SAFETY WITHOUT IMPOSING NEEDLESS RESOURCE BURDENS. MARPA HELPS TO ENSURE THAT REGULATIONS AND POLICIES REFLECT MODERN SAFETY ADVANCES AND STANDARDS. MARPA SUPPORTS ITS MEMBERS' SAFETY AND REGULATORY COMPLIANCE GOALS BY DEVELOPING AND PROVIDING SAFETY AND COMPLIANCE TOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Dickstein President And Director | OfficerTrustee | 12 | $0 |
Steve Szpunar Director | Trustee | 1 | $0 |
Joshua Krotec Director | Trustee | 1 | $0 |
Jeremy Hahn Director | Trustee | 1 | $0 |
Andy Shields Director | Trustee | 1 | $0 |
Joanne Vogt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $130,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,788 |
| 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 | $154,788 |
| Total Program Service Revenue | $365,220 |
| 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 | $520,008 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $300,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,869 |
| Information technology | $229 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $56 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,335 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $499,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,179 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,179 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $32,179 |
| 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 | $32,179 |