American Marketing Association Inc
- Assets
- $475.4k
- Revenue
- $225.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/1992
- Data as of
- 06/2022
- EIN
- 76-0123025
Organization Overview
American Marketing Association Inc, operating under the name American Marketing Association, is located in Houston, TX. The organization was established in 1992. 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. American Marketing Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, American Marketing Association generated $225.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $259.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. 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 ELEVATE THE HOUSTON MARKETING COMMUNITY AND ITS DIVERSE MEMBERS THROUGH SUPERIOR EDUCATIONAL OPPORTUNITIES, NETWORKING, AND CAREER RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION- EDUCATION IS KEY FOR THE AMERICAN MARKETING ASSOCIATION HOUSTON CHAPTER (AMA HOUSTON). THEY PROVIDE NUMEROUS OPPORTUNITIES IN VARIOUS FORMATS TO BOTH MEMBERS AND NON-MEMBERS TO GAIN KNOWLEDGE FOR APPLICATION IN THEIR MARKETING AND COMMUNICATION EFFORTS. ALL OF THEIR FUNCTIONS ARE OPEN TO BOTH MEMBERS AND NON-MEMBERS. THEY ALSO WORK TO GIVE BACK TO THE COMMUNITY BY PROVIDING GRANTS TO HOUSTON AREA NONPROFIT ORGANIZATIONS TO ASSIST WITH THEIR MARKETING EFFORTS AS WELL AS SCHOLARSHIPS TO MARKETING UNDERGRADUATE STUDENTS. THIS GIFT OF EDUCATION AND SHARING OF THEIR MEMBERS' KNOWLEDGE AND EXPERIENCE HELPS FULFILL AMA HOUSTON'S MISSION OF ELEVATING THE MARKETING COMMUNITY. SEE SCHEDULE O FOR FURTHER INFORMATION
NETWORKING & CAREER RESOURCES- WEEKLY EMPLOYMENT RESOURCE NEWSLETTER- AMA HOUSTON PROVIDES A FREE WEEKLY JOB POSTING NEWSLETTER UPDATE VIA E-MAIL TO ITS MEMBERS WHICH LISTS MARKETING RELATED JOB OPPORTUNITIES IN THE HOUSTON AREA. A NOMINAL FEE IS PAID BY THE LISTING COMPANIES TO ADVERTISE THEIR JOB OPENINGS IN THIS BENEFICIAL RESOURCE. AMA HOUSTON'S MEMBERS THAT POST A JOB OPENING RECEIVE A DISCOUNT. THE NEWSLETTER FURTHER GOES TO PROMOTE THE MISSION OF AMA IN ELEVATING THE CITY'S MARKETING COMMUNITY. SEE SCHEDULE O FOR FURTHER INFORMATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Eddington Moore Executive Di | Officer | 27 | $42,000 |
Vlad Vidaeff President | OfficerTrustee | 13 | $0 |
Dori Albora President-El | OfficerTrustee | 9 | $0 |
Emily Rhodes Secretary | OfficerTrustee | 4 | $0 |
Gloria Farrell Chair- Techn | Trustee | 3 | $0 |
Hami Arrington Im P-Pres/ag | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,145 |
| Investment income | $1,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,831 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,643 |
| Statement of Expenses | |
|---|---|
| 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. | $41,298 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,534 |
| Office expenses | $12,338 |
| Information technology | $7,773 |
| Royalties | $0 |
| Occupancy | $1,350 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,529 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $259,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $420,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $55,311 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $475,433 |
| Accounts payable and accrued expenses | $14,008 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $14,008 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $461,425 |
Grants Awarded
Over the last fiscal year, American Marketing Association Inc has awarded $0 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FREEDOM CHURCH ALLIANCE PURPOSE: SUPPORT MARKETING TO REACH DONORS | $0 |
CHRIST CLINIC PURPOSE: SUPPORT MARKETING TO REACH DONORS | $0 |
GODS GARAGE PURPOSE: SUPPORT MARKETING TO REACH DONORS | $0 |
REBUILDING TOGETHER HOUSTON PURPOSE: SUPPORT MARKETING TO REACH DONORS | $0 |
AMERICAN MARKETING ASSOC FOUND PURPOSE: EDUCATION | $0 |
CAMILA SANDOVAL UH SCHOLARSHIPS PURPOSE: SCHOLARSHIP FOR MKT STUDENT | $0 |