American Association For Homecare
- Assets
- $9.8m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Arlington, VA
- Founding
- 04/1983
- Data as of
- 12/2022
- EIN
- 54-1206273
Organization Overview
American Association For Homecare is located in Arlington, VA. The organization was established in 1983. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2022, American Association For Homecare employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association For Homecare 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, American Association For Homecare generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 4.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PURSURE THE BEST INTEREST OF THE MEMBERSHIP THROUGH AN INTERCHANGE OF IDEAS BY SEMINARS, CONVENTIONS AND LIAISON WITH GOVERNMENT REGARDING MEDICAL EQUIPMENT AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDTRADE EAST - A TRADE SHOW CO-SPONSORED BY THE ASSOCIATIONAT WHICH EDUCATIONAL PROGRAMS ARE HELD
MEDTRADE WEST - A TRADE SHOW CO-SPONSORED BY THE ASSOCIATIONAT WHICH EDUCATIONAL PROGRAMS ARE HELD
PROGRAM SUPPORT - CONDUCTED NATIONWIDE TO ASSISTMEMBERS IN THE OPERATIONAL AND LEGAL ENVIRONMENT OF THEINDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexis Ward Crmc Council Chair | Trustee | 1 | $0 |
Bill Guidetti Sr Chairman | OfficerTrustee | 1 | $0 |
Casey Hoyt Director At Large | Trustee | 1 | $0 |
Casey Toomajian Director At Large | Trustee | 1 | $0 |
David Siegel Director At Large | Trustee | 1 | $0 |
Gordon L Fox Director At Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Nickles Group Federal Lobby Services | 12/30/22 | $240,000 |
Brown & Fortunato Legal Services | 12/30/22 | $227,048 |
Keybridge Communications Marketing Services | 12/30/22 | $204,000 |
Bridge Public Affairs State Lobby Services | 12/30/22 | $120,150 |
Tg Communications Marketing Services | 12/30/22 | $103,785 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,092,209 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,143,855 |
| Total Program Service Revenue | $98,118 |
| Investment income | $188,681 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,250,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$192,502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,493,035 |
| 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. | $945,659 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,042,755 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $135,934 |
| Payroll taxes | $119,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,520 |
| Fees for services: Accounting | $20,633 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,229 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $86,946 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,332 |
| Travel | $3,910 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,003 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,099 |
| Insurance | $13,527 |
| All other expenses | $11,157 |
| Total functional expenses | $4,025,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,729,215 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $130,648 |
| 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 | $61,691 |
| Net Land, buildings, and equipment | $12,542 |
| Investments—publicly traded securities | $7,293,413 |
| Investments—other securities | $0 |
| Investments—program-related | $332,243 |
| Intangible assets | $176,439 |
| Other assets | $49,921 |
| Total assets | $9,786,112 |
| Accounts payable and accrued expenses | $453,879 |
| Grants payable | $0 |
| Deferred revenue | $706,022 |
| 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 | $184,321 |
| Total liabilities | $1,344,222 |
| Net assets without donor restrictions | $8,441,890 |
| 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 | $9,786,112 |