Armed Forces Communications And Electronics Association
- Assets
- $96.6k
- Revenue
- $81.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 31-1025564
Organization Overview
Armed Forces Communications And Electronics Association is located in Dayton, OH. The organization was established in 1982. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Armed Forces Communications And Electronics Association 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 12/2021, Armed Forces Communications And Electronics Association generated $81.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $81.5k during the year ending 12/2021. While expenses have increased by 15.1% 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
TO BRING TOGETHER INDIVIDUALS, INDUSTRIAL ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS WITH A COMMON INTEREST IN FURTHERING THE COMMUNICATIONS AND ELECTRONICS PROFESSION FOR THE PURPOSES OF NATIONAL DEFENSE. THIS COLLABORATION SHALL FOCUS ON DEVELOPING EFFECTIVE INTELLIGENCE AND INFORMATION MANAGEMENT, INCLUDING THE DELVELOPMENT, MANUFACTURING, AND OPERATION OF EQUIPMENT, AND PROVISION OF SERVICES IN THE FIELDS OF SIGNALS, INFORMATION MANAGEMENT AND PROCESSING, COMMUNICATIONS, ELECTRONICS, COMPUTERS, INTELLIGENCE SYSTEMS, COMMAND AND CONTROL, AND IMAGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD ANNUAL PROGRAMMING EVENTS TO INCLUDE GOLF OUTING, INFORMATION TECHNOLOGY SUMMIT, LUNCHEONS, AND OTHER SOCIAL EVENTS. THESE EVENTS FOSTER NETWORKING AND THE EXCHANGE OF TECHNICAL IDEAS BETWEEN INDUSTRY, GOVERNMENT, AND ACADEMIC LEADERS. THE EVENTS ALSO SERVE AS FUNDRAISING OPPORTUNITIES TO PROMOTE THE SCHOLARSHIP FUND.
TO HAVE MONTHLY LUNCHEONS AND MEETINGS WHICH 1) PRESERVE AND FOSTER THE SPIRIT OF FELLOWSHIP AMONG FORMER, PRESENT AND FUTURE PERSONNEL OF THE MILITARY, INDUSTRIES, CIVIC ORGANIZATIONS AND GOVERNMENTS, 2) PROMOTE EFFICIENCY AND COOPERATION THROUGH BETTER LIAISON AMONG INDUSTRY, MILITARY, CIVIL ORGANIZATIONS AND CIVILIAN GOVERNMENT, 3) MAINTAIN CLOSE RELATIONS AMONG CIVILIAN SCIENTISTS, ENGINEERS, MANUFACTURERS, OPERATING COMPANIES AND OTHERS IN THE AFOREMENTIONED FIELDS, AND 4) FAMILIARIZE THE CHAPTER MEMBERSHIP WITH NATIONAL SECURITY OPERATIONAL REQUIREMENTS AND TECHNOLOGICAL ADVANCES AVAILABLE TO MEET THOSE REQUIREMENTS.
TO ENCOURAGE INTEREST, STUDY, AND CAREERS IN THE SCIENTIFIC AND ENGINEERING DISCIPLINES OR OTHER CAREER FIELDS WHICH BENEFIT THE DEPARTMENT OF DEFENSE BY PROVIDING SCHOLARSHIPS, AWARDS,AND TUITION ASSISTANCE TO A VARIETY OF LOCAL INDIVIDUALS AND EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Sciabica Board Chairman | OfficerTrustee | 1 | $0 |
John Garrity Board Treasurer | OfficerTrustee | 1 | $0 |
Yvonne Vermillion President | OfficerTrustee | 1 | $0 |
Amelia Fisher Director Of Emerging Leaders | Officer | 1 | $0 |
Andy Higgins VP Of Education | Officer | 1 | $0 |
Carl Shofner VP Of Community | Officer | 1 | $0 |
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 | $77,167 |
| 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 | $3,796 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,963 |
| 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $81,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,082 |
| 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 | $6,519 |
| 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 | $96,601 |
| Accounts payable and accrued expenses | $2,919 |
| Grants payable | $0 |
| Deferred revenue | $6,000 |
| 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 | $8,919 |
| Net assets without donor restrictions | $0 |
| 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 | $87,682 |
| Total liabilities and net assets/fund balances | $96,601 |
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