American Association Of Airport Executives
- Assets
- $30.1m
- Revenue
- $21.5m
- Investments
- $0.0
- Employees
- 67
- Location
- Alexandria, VA
- Founding
- 11/1956
- Data as of
- 12/2022
- EIN
- 51-0094939
Organization Overview
American Association Of Airport Executives is located in Alexandria, VA. The organization was established in 1956. 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. As of 12/2022, American Association Of Airport Executives employed 67 individuals. This organization is the central organization for a national or regional group of organizations. American Association Of Airport Executives 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, American Association Of Airport Executives generated $21.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $24.0m during the year ending 12/2022. While expenses have increased by 4.5% 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.
Since 2019, American Association Of Airport Executives has awarded 20 individual grants totaling $1,086,303. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AVIATION INDUSTRY EDUCATION, NETWORKING, & CAREER DEVELOPMENT; ADVOCACY; TRAINING & CERTIFICATION; AIRPORT SOLUTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HELD NUMEROUS SEMINARS, WORKSHOPS AND CONFERENCES THROUGHOUT THE WORLD THAT ADDRESSED A WIDE RANGE OF SPECIFIC AIRPORT MANAGEMENT ISSUES ADDITIONALLY AND IN CONJUNCTION WITH THE FAA TRAINING SCHOOLS ON AIRPORT SAFETY, SECURITY AND OPERATIONSISSUES WERE PRESENTED.
THE ASSOCIATION CONTINUES TO PRODUCE CUSTOMIZED TRAINING SYSTEMS USING ITS PATENTED INTERACTIVE EMPLOYEE TRAINING (IET) SYSTEM. THE IET SYSTEM IS A COMPUTER BASED, TURN-KEY SYSTEM USING TOUCH-SCREEN TECHNOLOGY AND FULL-SCREEN DIGITAL VIDEO THAT CAN TRAIN A LARGE NUMBEROF INDIVIDUALS 24 HOURS A DAY, SEVEN DAYS A WEEK, WITHOUT INSTRUCTORS OR CLASSROOMS.
THE ASSOCIATION RUNS THE AIRPORT LEGISLATIVE PROGRAM TO REPRESENT AIRPORTS ON CAPITOL HILL, AND TO PROVIDE AIRPORTS WITH UP-TO-THE-MINUTE INFORMATION REGARDING FEDERAL LEGISLATIVE ACTIONS AND ACTIVITIES. IT ALSO PROVIDES SUPPORT TO AIRPORTS THAT WISH TO CONTACT THEIR MEMBERS OF CONGRESS IN ITS WELL-ESTABLISHED GOVERNMENT AFFAIRS PROGRAM. THE STAFF AND MEMBERS HAVE CULTIVATED A VITAL AND ONGOING RELATIONSHIP WITH POWERFUL CONGRESSIONAL OFFICIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark E Gale Aae Chair | OfficerTrustee | 5 | $0 |
Perry J Miller Aae Iap First Vice Chair | OfficerTrustee | 5 | $0 |
Richard S Crider Aae Second Vice Chair | OfficerTrustee | 7 | $0 |
Rebecca L Hupp Aae Secretary/treasurer | OfficerTrustee | 7 | $0 |
Lawrence J Krauter Aae Aicp First Past Chair | OfficerTrustee | 7 | $0 |
Kelly L Campbell Aae Second Past Chair | OfficerTrustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allied Digital Solution Professional Service | 12/30/22 | $324,250 |
Leading Edge Professional Service | 12/30/22 | $183,290 |
Tioga Systems Professional Service | 12/30/22 | $123,000 |
Rsm Us Llp Professional Service | 12/30/22 | $136,426 |
Jones Xpedited Transportation Professional Service | 12/30/22 | $104,113 |
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 | $20,998,437 |
| Investment income | $420,332 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$467,934 |
| 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 | $21,466,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $654,433 |
| 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. | $5,438,561 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,102,745 |
| Pension plan accruals and contributions | $560,602 |
| Other employee benefits | $493,527 |
| Payroll taxes | $680,370 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,566 |
| Fees for services: Accounting | $81,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,116,037 |
| Advertising and promotion | $0 |
| Office expenses | $941,269 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,758 |
| Travel | $1,197,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,663,660 |
| Interest | $88,643 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $176,355 |
| Insurance | $0 |
| All other expenses | -$4,686 |
| Total functional expenses | $24,041,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,689,730 |
| Savings and temporary cash investments | $7,639,264 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,651,876 |
| 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 | $355,934 |
| Net Land, buildings, and equipment | $5,053,607 |
| Investments—publicly traded securities | $4,418,385 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,249,093 |
| Total assets | $30,057,889 |
| Accounts payable and accrued expenses | $6,781,414 |
| Grants payable | $0 |
| Deferred revenue | $7,392,063 |
| 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 | $5,954,442 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,839,480 |
| Total liabilities | $26,967,399 |
| Net assets without donor restrictions | $3,090,490 |
| 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 | $30,057,889 |
Grants Awarded
Over the last fiscal year, American Association Of Airport Executives has awarded $376,681 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES FOUNDATION PURPOSE: PROGRAM SUPPORT | $283,681 |
GREAT LAKES CHAPTER AAAE PURPOSE: CHAPTER CONTRIBUTION | $15,500 |
NORTHEAST CHAPTER AAAE PURPOSE: CHAPTER CONTRIBUTION | $15,500 |
SOUTHEAST CHAPTER AAAE PURPOSE: CHAPTER CONTRIBUTION | $15,500 |
NORTHWEST CHAPTER AAAE PURPOSE: CHAPTER CONTRIBUTION | $15,500 |
SOUTHWEST CHAPTER AAAE PURPOSE: CHAPTER CONTRIBUTION | $15,500 |