North Carolina Airports Association is located in Elizabethtown, NC. The organization was established in 1989. According to its NTEE Classification (Y01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Airports 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 06/2022, North Carolina Airports Association generated $719.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $497.4k during the year ending 06/2022. While expenses have increased by 13.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT CONFERENCES AND SEMINARS TO FURTHER EDUCATE APPROXIMATELY 250 MEMBERS AND 150 AFFILIATE MEMBERS IN AIRPORT MANAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT CONFERENCES AND SEMINARS TO FURTHER EDUCATE APPROXIMATELY 250 MEMBERS AND 150 AFFILIATE MEMBERS IN AIRPORT MANAGEMENT. PROVIDE SCHOLARSHIP FUNDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Ferguson President | OfficerTrustee | 1 | $0 |
John Coon Secretary | OfficerTrustee | 1 | $0 |
Robert Huets Jr Treasurer | OfficerTrustee | 1 | $0 |
Edwin H Madden Jr Vice President | OfficerTrustee | 1 | $0 |
Jeff Perry Region 3 Representative | Trustee | 0 | $0 |
Dan Danieley Jr At Large Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $25,640 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $25,640 |
Total Program Service Revenue | $672,697 |
Investment income | $165 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $719,829 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,488 |
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. | $59,828 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,415 |
Fees for services: Lobbying | $75,759 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $315,741 |
Advertising and promotion | $1,964 |
Office expenses | $651 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $477 |
Insurance | $1,949 |
All other expenses | $8,388 |
Total functional expenses | $497,372 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,904 |
Savings and temporary cash investments | $348,655 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$537 |
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 | $0 |
Net Land, buildings, and equipment | $718 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $432,740 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $275 |
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 | $0 |
Total liabilities | $275 |
Net assets without donor restrictions | $432,465 |
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 | $432,740 |
Organization Name | Assets | Revenue |
---|---|---|
South Carolina Property And Casualty Insurance Guaranty Assoc Columbia, SC | $65,366,148 | $7,748,729 |
Independent Insurance Agents And Brokers Of America Inc Alexandria, VA | $30,236,166 | $12,870,454 |
National Association Of Insurance And Financial Advisors Falls Church, VA | $8,421,667 | $10,756,132 |
Ihope-Intentional Holistic Warner Robbins, GA | $114,655 | $514,418 |
North Carolina Airports Association Elizabethtown, NC | $432,740 | $719,829 |
R2ise Inc Atlanta, GA | $197,041 | $365,565 |