Federal Managers Association
- Assets
- $82.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portsmouth, VA
- Founding
- 10/1958
- Data as of
- 12/2021
- EIN
- 54-6052902
Organization Overview
Federal Managers Association is located in Portsmouth, VA. The organization was established in 1958. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Federal Managers Association 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, Federal Managers Association generated $101.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $101.2k during the year ending 12/2021. While expenses have increased by 3.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PAYMENTS TO NATIONAL AFFILIATE (FEDERAL MANAGERS ASSOCIATION, 1641 PRINCE STREET, ALEXANDRIA, VA 22314)
PAYMENTS TO NATIONAL AFFILIATE (FEDERAL MANAGERS ASSOCIATION, 1641 PRINCE STREET, ALEXANDRIA, VA 22314)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeris Smith Vice President | 20 | $0 | |
Michelle Lappin Treasuer | 10 | $0 | |
Chops Clark President | 20 | $0 | |
Shanna Krauss Trustee | 2 | $0 | |
Jessica Younger Financial Secrety | 10 | $0 | |
Recording Secretary Desiree Manley | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,971 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $225 |
| Other Revenue | $0 |
| Total Revenue | $101,196 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $13,105 |
| Other expenses | $85,091 |
| Total expenses | $101,196 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,625 |
| Other assets | $0 |
| Total assets | $82,625 |
| Total liabilities | $43,968 |
| Net assets or fund balances | $38,657 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |