Auctioneers Association Of Maryland
- Assets
- $47.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 52-1954309
Organization Overview
Auctioneers Association Of Maryland is located in Frederick, MD. The organization was established in 1998. 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. Auctioneers Association Of Maryland 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, Auctioneers Association Of Maryland generated $31.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $34.6k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE STANDARDS OF ETHICAL CONDUCT, REGULATE AND SUPERVISE THE CONDUCT OF ITS MEMBERS, PROMOTE PUBLIC WELFARE THROUGH THE ADVANCEMENT OF SKILL AND ESTABLISHMENT OF HIGH STANDARDS, PROMOTE FELLOWSHIP AMONG ITS MEMBERS, BUILD PRESTIGE AND RESPECT FOR ITS MEMBERS AND THE PROFESSION, COOPERATE WITH THE NATIONAL ASSOC OF AUCTIONEERS AND GOVERNMENT AGENCIES, DEVELOP AND CONDUCT EDUCATIONAL, PUBLIC RELATIONS, AND FUND RAISING ACTIVITES AND TO PROVIDE A UNITED VOICE FOR THOSE IN THE AUCTIONEERING PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gladys M Ridge Secretary | 3 | $6,000 | |
Santo F Grasso President El | 0 | $0 | |
Dale Martin President | 0 | $0 | |
Jamie Cochran Board Member | 0 | $0 | |
Jeremiah Herbst Vice Preside | 0 | $0 | |
Seth Shipley Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $400 |
| Total Program Service Revenue | $22,388 |
| Membership dues | $7,450 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $363 |
| Other Revenue | $541 |
| Total Revenue | $31,148 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,000 |
| Professional fees and other payments to independent contractors | $620 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,998 |
| Total expenses | $34,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,178 |
| Other assets | $0 |
| Total assets | $47,178 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,178 |
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