Association Of Air Medical Services
- Assets
- $1.8m
- Revenue
- $3.3m
- Investments
- $52.7k
- Employees
- 11
- Location
- Alexandria, VA
- Founding
- 09/1983
- Data as of
- 12/2022
- EIN
- 42-1202847
Organization Overview
Association Of Air Medical Services is located in Alexandria, VA. The organization was established in 1983. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 12/2022, Association Of Air Medical Services employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Air Medical Services 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 12/2022, Association Of Air Medical Services generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING THE ART AND SCIENCE OF TRANSPORT MEDICINE THROUGH ADVOCACY, EDUCATION, AND RESEARCH ENSURING HIGH-QUALITY, LIFE-SAVING CARE TO PATIENTS AND COMMUNITIES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT RELATIONS - THE ASSOCIATION HOLDS TOWN HALL MEETINGS FOR ATTENDEES TO LEARN AND UNDERSTAND THE LEGISLATIVE AND REGULATORY PROCESSES THAT AFFECTS THE AIR MEDICAL TRANSPORT INDUSTRY, IN ADDITION TO ADVOCACY EFFORTS TO ENHANCE AWARENESS OF MEDICAL TRANSPORT'S ROLE IN HEALTHCARE.
COMMUNICATIONS
AIR MEDICAL TRANSPORT CONFERENCE - THE ASSOCIATION PROVIDES RECOGNITION TO THE AIR MEDICAL SERVICES INDUSTRY BY PROMOTING QUALITY AIR MEDICAL SERVICES TO PATIENTS, PROVIDING EDUCATION AND INFORMATION TO ITS MEMBERS AND THE PUBLIC.
EDUCATION AND PUBLICATIONS - THROUGHOUT THE YEAR, THE ASSOCIATION PROVIDES EDUCATIONAL COURSES THROUGH PUBLICATIONS AND TRAINING/EDUCATIONAL PROGRAMS THROUGH CONFERENCES AND CONVENTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rene Borghese Chair | OfficerTrustee | 4 | $0 |
Kolby Kolbet Vice Chair; Interim Pres. & CEO | OfficerTrustee | 15 | $0 |
James Houser Secretary/treasurer | OfficerTrustee | 4 | $0 |
Debbie Boudreaux Past Chair | OfficerTrustee | 4 | $0 |
Ben Clayton Director | Trustee | 4 | $0 |
Christopher Hall Director | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcdermott Will & Emery Llp Legal Services | 12/30/21 | $648,000 |
Anway Long Group Legal Services | 12/30/21 | $198,000 |
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 | $142,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,169 |
| Total Program Service Revenue | $2,970,475 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $15,596 |
| Net Rental Income | $72,000 |
| Net Gain/Loss on Asset Sales | -$2,472 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,284,777 |
| 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. | $297,983 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $956,222 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,155 |
| Payroll taxes | $89,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $207,920 |
| Fees for services: Accounting | $18,226 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $183,687 |
| Advertising and promotion | $5,667 |
| Office expenses | $188,981 |
| Information technology | $104,200 |
| Royalties | $0 |
| Occupancy | $188,503 |
| Travel | $145,381 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $704,041 |
| Interest | $3,234 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,592 |
| Insurance | $26,780 |
| All other expenses | $0 |
| Total functional expenses | $3,206,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,122 |
| Savings and temporary cash investments | $897 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,784 |
| 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 | $35,881 |
| Net Land, buildings, and equipment | $105,275 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $52,714 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,483,024 |
| Total assets | $1,810,697 |
| Accounts payable and accrued expenses | $225,227 |
| Grants payable | $0 |
| Deferred revenue | $441,675 |
| 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 | $1,548,015 |
| Total liabilities | $2,214,917 |
| Net assets without donor restrictions | -$404,220 |
| 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 | $1,810,697 |