National Parking Association Inc
- Assets
- $2.7m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 12/1953
- Data as of
- 12/2021
- EIN
- 53-0215136
Organization Overview
National Parking Association Inc is located in Washington, DC. The organization was established in 1953. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, National Parking Association Inc employed 9 individuals. This organization is the central organization for a national or regional group of organizations. National Parking 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 12/2021, National Parking Association Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 4.0% 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 AND EDUCATE THE PUBLIC REGARDING THE PARKING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AND PROMOTE ANNUAL CONVENTION OF MEMBERS AND RELATED TRADE EXHIBITION.
PROVIDE MONTHLY PERIODICAL ALONG WITH OTHER PERTINENT NEWSLETTERS AND PUBLICATIONS.
PROMOTE EDUCATION OF MEMBER EMPLOYEES BY PROVIDING PROGRAMS FOR STUDY AND PROMOTE STANDARDS THROUGH NEW PARKING MANAGER CERTIFICATION TEST AND DESIGNATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Banning President | Officer | 50 | $330,269 |
Stacy Hudson Director Of Business Dev | 40 | $136,724 | |
David Damus Chair | OfficerTrustee | 5 | $0 |
Marc Baumann Chair Elect | OfficerTrustee | 5 | $0 |
Robert Zuritsky Vice Chair | OfficerTrustee | 5 | $0 |
Frank Ching Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tgd Communications Publications | 12/30/17 | $240,196 |
Palm Springs Convention Center Conference Venue And Catering | 12/30/17 | $216,381 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $280,897 |
| 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 | $280,897 |
| Total Program Service Revenue | $2,772,593 |
| Investment income | $21,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $49,792 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,626 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,146,199 |
| 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. | $380,876 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $720,248 |
| Pension plan accruals and contributions | $37,618 |
| Other employee benefits | $116,184 |
| Payroll taxes | $74,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,404 |
| Fees for services: Accounting | $96,458 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,507 |
| Fees for services: Other | $130,670 |
| Advertising and promotion | $0 |
| Office expenses | $28,043 |
| Information technology | $91,077 |
| Royalties | $0 |
| Occupancy | $153,290 |
| Travel | $275 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $708,467 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,263 |
| Insurance | $9,723 |
| All other expenses | $17,348 |
| Total functional expenses | $2,954,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,510,694 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $159,855 |
| 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 | $132,896 |
| Net Land, buildings, and equipment | $38,406 |
| Investments—publicly traded securities | $818,801 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,660,652 |
| Accounts payable and accrued expenses | $290,073 |
| Grants payable | $0 |
| Deferred revenue | $607,708 |
| 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 | $220,673 |
| Total liabilities | $1,118,454 |
| Net assets without donor restrictions | $1,542,198 |
| 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 | $2,660,652 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kaboom Inc Washington, DC | $33,837,191 | $27,499,929 |
Lake Ridge Parks & Recreation Association Inc Lake Ridge, VA | $11,873,713 | $7,365,440 |
National Parking Association Inc Washington, DC | $2,660,652 | $3,146,199 |
Parks & People Foundation Inc Baltimore, MD | $15,484,458 | $3,287,882 |
Columbia Memorial Park Inc Arlington, VA | $6,724,392 | $4,421,124 |
Noma Parks Foundation Washington, DC | $2,013,037 | $1,761,991 |
Sherwood Memorial Park Inc Salem, VA | $33,626,834 | $3,672,890 |
Glen Echo Park Partnership For Arts And Culture Inc Glen Echo, MD | $3,207,061 | $1,803,627 |
Canal Park Inc Washington, DC | $13,259,170 | $152,392 |
Friends Of Fort Dupont Ice Arena Inc Washington, DC | $1,110,466 | $1,000,688 |
Shenandoah National Park Association Luray, VA | $2,021,876 | $1,337,074 |
Cedar Lane Sports Foundation Inc Churchville, MD | $1,172,740 | $1,050,470 |