National Association Of Business Political Action Committees is located in Washington, DC. The organization was established in 1979. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Business Political Action Committees 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 12/2023, National Association Of Business Political Action Committees generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A FORUM FOR MEMBERS TO ADDRESS MUTUAL INTEREST AND FOR OUTSIDE EXPERTS TO INFORM MEMBERS ON POLITICAL ACTION COMMITTEE MATTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGAL HOTLINE: NABPAC MEMBERS ARE ENTITLED TO UNLIMITED ACCESS TO THE LEGAL HOTLINE, WHICH IS AN INFORMATION SERVICE ON CAMPAIGN FINANCE LAW AND REGULATIONS.
EDUCATIONAL CONFERENCES: NABPAC ANNUAL EDUCATIONAL CONFERENCES OFFER MEMBERS AND INVITED GUESTS THE LATEST INSIGHTS INTO PAC MANAGEMENT TECHNIQUES, LEGAL AND REGULATORY TREND AND POLITICAL ANALYSIS.
PACHELP HOTLINE: THE PACHELP HOTLINE PROVIDES UNLIMITED FREE ONE-ON-ONE STRATEGIC ADVICE TO NABPAC MEMBERS SEEKING INNOVATIVE IDEAS FOR ENHANCING THEIR FUNDRAISING, COMMUNICATIONS OUTREACH, REGULATORY COMPLIANCE, AND STRATEGIC PLANNING ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Meaghan Killion Joyce President, Exec Comm - Past | OfficerTrustee | 2 | $0 |
Courtney Schoenborn President, Exec Comm | OfficerTrustee | 2 | $0 |
Bridget Sewell Vice President, Exec Comm | OfficerTrustee | 2 | $0 |
Kipp Maloney Secretary | OfficerTrustee | 2 | $0 |
John Mason Treasurer | OfficerTrustee | 2 | $0 |
Brendan Adams Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Federal Street Strategies Llc Strategic Comms | 12/30/23 | $110,000 |
Syntagma Strategies Llc Association Mgmt | 12/30/23 | $270,256 |
Wiley Rein Llp Legal Services | 12/30/23 | $232,253 |
Dunn Associates Consulting | 12/30/23 | $105,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $1,497,531 |
Investment income | $16,363 |
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 | $1,513,894 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
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. | $0 |
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 | $259,543 |
Fees for services: Legal | $251,716 |
Fees for services: Accounting | $151,918 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $544,083 |
Advertising and promotion | $78,000 |
Office expenses | $13,155 |
Information technology | $14,559 |
Royalties | $0 |
Occupancy | $42,975 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $97,346 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,225 |
All other expenses | $12,384 |
Total functional expenses | $1,471,904 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,550 |
Savings and temporary cash investments | $1,043,820 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,282 |
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 | $67,506 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,135,158 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $531,394 |
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 | $531,394 |
Net assets without donor restrictions | $603,764 |
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 | $1,135,158 |