Aerospace Medical Association
- Assets
- $1.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 5
- Location
- Alexandria, VA
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 30-0697646
Organization Overview
Aerospace Medical Association is located in Alexandria, VA. The organization was established in 2012. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Aerospace Medical Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aerospace Medical Association 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 12/2022, Aerospace Medical Association generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLICATION OF A MONTHLY JOURNAL FOR EDUCATION OF MEMBERS OF THE MEDICAL AND SCIENTIFIC COMMUNITIES RELATED TO THE PHYSIOLOGICAL FACTOR IN HUMAN SPACE FLIGHT. PROVIDE AN ANNUAL MEETING FOR MEMBERS AND QUALIFIED SCIENTISTS FOR THE DISSMENATION OF KNOWLEDGE AROUND THE WORLD.
Describe the Organization's Program Activity:
PURPOSE IS ACHIEVED BY AN ANNUAL MEETING OF MEMBERS AND QUALIFIED SCIENTISTS FOR THEDISSEMINATION OF KNOWLEDGE GATHERED BY MEMBERS OF THE ASSOCIATION AND OTHERRESEARCHERS FROM AROUND THE WORLD. THERE ARE MORE THAN TWENTY HOURS OF CONTINUING MEDICAL EDUCATION APPROVED BY APPROPRIATE GOVERNINGBODIES AS WELL AS LECTURES AND CLASSROOM WORK WITH RELATED MATERIALS COVERINGAEROSPACE MEDICAL SUBJECTS.
PURPOSE ACHIEVED BY THE PUBLICATION OF A MONTHLY JOURNAL AND RELATED SUPPLEMENTS FORAPPROXIMATELY 2,000 MEMBERS, 100 UNIVERSITIES AND 500 INTERESTED INDIVIDUALS. THESEMEMBERS ARE FROM THE MEDICAL AND SCIENTIFIC COMMUNITIES RELATED TO THE PHYSIOLOGICALFACTOR IN HUMAN SPACE FLIGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey C Sventek Executive Director | OfficerTrustee | 50 | $131,201 |
Casey Pruett Treasurer | Trustee | 3 | $0 |
J Karen Klingenberger Secretary | Trustee | 3 | $0 |
Ian Mollan Member-At-Large | Trustee | 3 | $0 |
Anthony Wagstaff Member-At-Large | Trustee | 3 | $0 |
Bonnie Posselt Member-At-Large | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $377,315 |
| 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 | $377,315 |
| Total Program Service Revenue | $1,516,698 |
| Investment income | -$99,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,525 |
| 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 | $1,819,630 |
| 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. | $131,201 |
| Compensation of current officers, directors, key employees. | $88,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $259,244 |
| Pension plan accruals and contributions | $29,933 |
| Other employee benefits | $21,961 |
| Payroll taxes | $31,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,011 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,000 |
| Advertising and promotion | $0 |
| Office expenses | $12,586 |
| Information technology | $56,170 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,132 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $954,855 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,592 |
| Insurance | $12,079 |
| All other expenses | $58,771 |
| Total functional expenses | $1,887,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,575 |
| Savings and temporary cash investments | $1,912 |
| 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 | $75,564 |
| Net Land, buildings, and equipment | $433,456 |
| Investments—publicly traded securities | $723,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,593 |
| Total assets | $1,365,216 |
| Accounts payable and accrued expenses | $64,952 |
| Grants payable | $0 |
| Deferred revenue | $414,758 |
| 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 | $80,833 |
| Total liabilities | $560,543 |
| Net assets without donor restrictions | $787,963 |
| Net assets with donor restrictions | $16,710 |
| 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 | $1,365,216 |