National Association Of State Agencies For Surplus Property
- Assets
- $223.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- 11/2004
- Data as of
- 08/2024
- EIN
- 42-1562155
Organization Overview
National Association Of State Agencies For Surplus Property, operating under the name Nasasp, is located in Jefferson City, MO. The organization was established in 2004. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Nasasp 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 08/2024, Nasasp generated $107.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $104.3k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
FOR THE PUBLIC GOOD FOR THE WELFARE OF THE WHOLE SAVING TAXPAYER DOLLARS BY EXTENDING THE USEFUL LIFE OF FEDERAL EXCESS SURPLUS PROPERTY ASSETS.
Describe the Organization's Program Activity:
Part 3
COORDINATING AND ADMINISTERING THE OVERSEAS PROGRAM TO ENSURE THE MAXIMUM AMOUNT OF PROPERTY IS AVAILABLE TO ALL MEMBER SASPS.
COORDINATING AND ADMINISTERING THE ASSOCIATE MEMBERSHIP PROGRAM. THIS IS TO HELP KEEP DONEES IN ALL THE STATES ACTIVE IN THE PROGRAM WHICH BENEFITS THE SASPS IN CONDUCTING THEIR MISSIONS OF TRANSFERRING PROPERTY.
CONSTANT CONTACT WITH FEDERAL AGENCIES VIA MEETINGS TELEPHONE EMAIL AND COMMUNICATING INFORMATION TO ALL SASPS. WHEN SASPS ENCOUNTER PROBLEMS GETTING PROPERTY NASASP WORKS THE ISSUE OUT WITH THE FEDERAL AGENCY. TRAINING ALL SASPS AND THEIR MANAGEMENT ON THE PROGRAM. THIS GIVES ALL SASPS THE ABILITY TO KEEP UP WITH BEST PRACTICES IN SURPLUS PROPERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Bolles President | 15 | $0 | |
Chris Reynolds Vice President | 10 | $0 | |
Kristy Fierro Treasurer | 7 | $0 | |
Nichole Alexander Secretary | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $103,212 |
| Membership dues | $0 |
| Investment income | $3,533 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $889 |
| Total Revenue | $107,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $82,254 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $223 |
| Other expenses | $21,813 |
| Total expenses | $104,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $221,709 |
| Other assets | $0 |
| Total assets | $223,248 |
| Total liabilities | $8,683 |
| Net assets or fund balances | $214,565 |