Airport Consultants Council Inc is located in Alexandria, VA. The organization was established in 1979. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Airport Consultants Council Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Airport Consultants Council 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 12/2021, Airport Consultants Council Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 5.2% 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 PROMOTE THE FUNDING OF AIRPORT FACILITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES/MEETINGS TO BRING MEMBERS TOGETHER FOR UPDATES ON INDUSTRY ISSUES AND TECHNIQUES; PROVIDING MEMBERS WITH NEWLETTERS FOR LATEST INDUSTRY INFORMATION; AND PROVIDING A MEMBER HANDBOOK TO PROMOTE COOPERATION AND OPPORTUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas John Schulz President | Officer | 40 | $258,000 |
Sylvia Palmer Employee | 40 | $165,500 | |
Lisa Deyo Employee | 40 | $104,595 | |
Larry Studdiford Chair | OfficerTrustee | 8 | $0 |
Dwight Pullen Vice Chair | OfficerTrustee | 1 | $0 |
Jennie Santoro Secretary/treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $109,677 |
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 | $109,677 |
Total Program Service Revenue | $1,264,528 |
Investment income | $67 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $1,404,585 |
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. | $283,640 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $487,130 |
Pension plan accruals and contributions | $10,294 |
Other employee benefits | $84,225 |
Payroll taxes | $47,672 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,215 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,437 |
Advertising and promotion | $0 |
Office expenses | $23,514 |
Information technology | $65,951 |
Royalties | $0 |
Occupancy | $74,466 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $210,363 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,387 |
Insurance | $9,130 |
All other expenses | $31,114 |
Total functional expenses | $1,412,114 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,638 |
Savings and temporary cash investments | $401,482 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,485 |
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 | $20,365 |
Net Land, buildings, and equipment | $19,109 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,187 |
Total assets | $609,266 |
Accounts payable and accrued expenses | $27,855 |
Grants payable | $0 |
Deferred revenue | $217,203 |
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 | $245,058 |
Net assets without donor restrictions | $364,208 |
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 | $609,266 |
Organization Name | Assets | Revenue |
---|---|---|
Community Transportation Association Of America Washington, DC | $1,938,592 | $5,661,532 |
Railway Supply Institute Inc Washington, DC | $2,906,320 | $2,412,437 |
D19 Transportation Service Inc Stony Creek, VA | $1,091,605 | $1,951,596 |
West Virginia Public Transit Association Inc Charleston, WV | $114,713 | $1,722,468 |
Clay Senior And Community Services Inc Clay, WV | $687,187 | $2,205,176 |
Conference Of Minority Transportation Officials Alexandria, VA | $1,890,190 | $2,702,650 |
Western Maryland Scenic Railroad Development Corp Cumberland, MD | $4,819,096 | $2,322,862 |
Japan Internattional Transport And Tourism Institute Usa Washington, DC | $1,075,827 | $1,727,491 |
Transportation Administration Of Cleveland County Inc Shelby, NC | $879,242 | $1,550,284 |
Airport Consultants Council Inc Alexandria, VA | $609,266 | $1,404,585 |
Potomac Highland Airport Authority Wiley Ford, WV | $37,096,729 | $4,100,665 |
Airport Minority Advisory Council Washington, DC | $1,536,185 | $1,248,979 |