Professional Air Sports Association is located in Nags Head, NC. The organization was established in 1999. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Air Sports 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, Professional Air Sports Association generated $20.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
G W Meadows Vice Preside | 0.5 | $0 | |
Joe Greblo Board Member | 0 | $0 | |
Chris Santacroce Board Member | 0.25 | $0 | |
John Harris President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $9,700 |
Membership dues | $10,859 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,559 |
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 | $10,875 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,291 |
Total expenses | $13,166 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $135,384 |
Other assets | $0 |
Total assets | $160,384 |
Total liabilities | $0 |
Net assets or fund balances | $160,384 |
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