National Defense Industrial Association
- Assets
- $101.2m
- Revenue
- $20.6m
- Investments
- $12.8m
- Employees
- 114
- Location
- Arlington, VA
- Founding
- 04/1928
- Data as of
- 09/2021
- EIN
- 53-0196547
Organization Overview
National Defense Industrial Association is located in Arlington, VA. The organization was established in 1928. According to its NTEE Classification (Q43) the organization is classified as: National Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, National Defense Industrial Association employed 114 individuals. This organization is the central organization for a national or regional group of organizations. National Defense Industrial Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, National Defense Industrial Association generated $20.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $20.1m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, National Defense Industrial Association has awarded 47 individual grants totaling $684,112. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SAFETY AND SECURITY OF THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS & EXHIBITS: THE NDIA PROMOTES ACTIVITIES AND FORUMS FOR THE INTERCHANGE BETWEEN INDUSTRY AND GOVERNMENT ON TECHNOLOGY AND ACQUISITION DEVELOPMENTS. IN ADDITION, IT PROVIDES STATE OF THE ART DEFENSE TECHNOLOGY UPDATES AND PROMOTES BETTER MANAGEMENT TECHNIQUES THROUGH SYMPOSIA. NDIA'S DIVISIONS COVER A WIDE SPECTRUM OF INTEREST AREAS THAT ARE IMPORTANT TO THE NATIONAL DEFENSE PREPAREDNESS EFFORT. THE DIVISIONS ARE ORGANIZED TO PROMOTE THE EXCHANGE OF TECHNICAL INFORMATION RELATED TO THE RESEARCH, DEVELOPMENT, PRODUCTION, LOGISTICS, AND MANAGEMENT OF WEAPONS SYSTEMS, POLICY, ASSOCIATED SUPPORT, AND TRAINING AMONG THE DEPARTMENT OF DEFENSE, OTHER FEDERAL GOVERNMENT AND STATE AGENCIES, INDUSTRY, ACADEMIA, AND SCIENTIFIC AGENCIES.
ETI, MARKETING & OUTREACH: COSTS ASSOCIATED WITH MARKETING, COMMUNICATION, PUBLIC RELATIONS AND THE ASSOCIATION'S MAGAZINE. THE NATIONAL DEFENSE MAGAZINE IS A MONTHLY MAGAZINE THAT IS PUBLISHED TO HELP EDUCATE GOVERNMENT, INDUSTRY, AND THE PUBLIC REGARDING DEFENSE ISSUES AND RELATED TECHNOLOGY DEVELOPMENTS.
CHAPTERS AND DIVISIONS: THE NDIA AND WID CHAPTERS ARE PART OF THE NDIA ENTITY AND ARE ORGANIZED GEOGRAPHICALLY FOR THE PURPOSE OF ENCOURAGING ACTIVITIES THAT SUPPORT THE ASSOCIATION'S VISION, MISSION, AND GOALS. MANY ARE LOCATED NEAR MAJOR MILITARY COMMANDS, RESEARCH CENTERS, AND DEFENSE AGENCIES AND CONDUCT PROGRAMS TO INFORM THEIR MEMBERS AND COMMUNITIES ABOUT NATIONAL SECURITY AND THE INDUSTRIAL BASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Norquist CEO | OfficerTrustee | 40 | $706,816 |
Michael J Bayer Board Chair | OfficerTrustee | 1 | $0 |
Lisa S Disbrow Board Vice Chair | OfficerTrustee | 1 | $0 |
Arnold L Punaro Usmc Ret Immediate Past Board Chair | OfficerTrustee | 1 | $0 |
Angela M Ambrose Director | Trustee | 1 | $0 |
John Armellino Usmc Ret Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Russel Reynolds Associates Inc Management Consultancy Recruitment | 9/29/23 | $611,222 |
Fry Communications Inc Communication Services | 9/29/23 | $390,374 |
Aramark Sports & Entertainment Services- Goods And Services | 9/29/23 | $508,430 |
Orange County Convention Convention & Exhibition Center | 9/29/23 | $360,071 |
Global Experience Specialist Inc Exhibitions Industry | 9/29/23 | $344,145 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,501,629 |
| Investment income | $370,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,022,426 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,593,795 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $288,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,844,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,415,294 |
| Pension plan accruals and contributions | $138,160 |
| Other employee benefits | $2,084,457 |
| Payroll taxes | $574,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,496 |
| Fees for services: Accounting | $80,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175,329 |
| Fees for services: Other | $1,111,991 |
| Advertising and promotion | $58,301 |
| Office expenses | $439,296 |
| Information technology | $1,360,506 |
| Royalties | $6,172 |
| Occupancy | $1,089,158 |
| Travel | $132,893 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $689,713 |
| Interest | $31,755 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $312,562 |
| Insurance | $151,033 |
| All other expenses | $0 |
| Total functional expenses | $20,058,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,080,362 |
| Savings and temporary cash investments | $487,862 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $303,958 |
| 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 | $734,462 |
| Investments—publicly traded securities | $67,296,623 |
| Investments—other securities | $12,829,410 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,369,713 |
| Total assets | $101,180,018 |
| Accounts payable and accrued expenses | $2,445,414 |
| Grants payable | $0 |
| Deferred revenue | $9,391,003 |
| 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 | $1,250,000 |
| Unsecured mortgages and notes payable | $1,451,650 |
| Other liabilities | $13,422,214 |
| Total liabilities | $27,960,281 |
| Net assets without donor restrictions | $70,973,383 |
| Net assets with donor restrictions | $2,246,354 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $73,219,737 |
Grants Awarded
Over the last fiscal year, National Defense Industrial Association has awarded $76,940 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOB HOPE USO PURPOSE: DONATION | $46,399 |
BELIEVE WITH ME FOUNDATION PURPOSE: DONATION | $5,541 |
OAKLAND UNIVERSITY PURPOSE: DONATION | $10,000 |
HABILITATION & TRAINING SERVICES INC PURPOSE: DONATION | $15,000 |