Air Traffic Control Association Inc
- Assets
- $8.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Alexandria, VA
- Founding
- 02/1975
- Data as of
- 06/2021
- EIN
- 52-0744700
Organization Overview
Air Traffic Control Association Inc is located in Alexandria, VA. The organization was established in 1975. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2021, Air Traffic Control Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air Traffic Control Association Inc 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 06/2021, Air Traffic Control Association Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. 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
MEMBERSHIP AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MEMBERSHIP AND INDUSTRY WITH PROGRAMS FOR THE EXCHANGE OF INFORMATION PERTAINING TO THE CONTINUING SAFETY, RELIABILITY AND EFFICIENCY OF THE AIR TRAFFIC CONTROL SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Dumont President & CEO | OfficerTrustee | 35 | $792,544 |
Christine Oster CFO & COO | Officer | 35 | $249,079 |
Kenneth Carlisle Program Director | 40 | $113,482 | |
Neil Planzer Chairman | OfficerTrustee | 5 | $0 |
Rachel Jackson Chairman-Elect | OfficerTrustee | 5 | $0 |
Brian Bruckbauer Secretary & Director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $297,043 |
| 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 | $297,043 |
| Total Program Service Revenue | $1,451,276 |
| Investment income | $107,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $206,413 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,071,359 |
| 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. | $902,637 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $344,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,887 |
| Payroll taxes | $42,063 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,154 |
| Fees for services: Accounting | $23,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,048 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $71,761 |
| Information technology | $94,271 |
| Royalties | $0 |
| Occupancy | $221,293 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $210,864 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,148 |
| Insurance | $6,958 |
| All other expenses | $0 |
| Total functional expenses | $2,105,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $623,383 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,300,419 |
| 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 | $45,381 |
| Net Land, buildings, and equipment | $497,081 |
| Investments—publicly traded securities | $5,999,351 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,369 |
| Total assets | $8,505,984 |
| Accounts payable and accrued expenses | $148,761 |
| Grants payable | $0 |
| Deferred revenue | $44,017 |
| 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 | $500,000 |
| Other liabilities | $762,918 |
| Total liabilities | $1,455,696 |
| Net assets without donor restrictions | $7,050,288 |
| 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 | $8,505,984 |