Association Of Corporate Travel Executives Inc Bamkruptcy
- Assets
- $277.7k
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 12
- Location
- Alexandria, VA
- Founding
- 06/1988
- Data as of
- 12/2018
- EIN
- 22-2873139
Organization Overview
Association Of Corporate Travel Executives Inc Bamkruptcy, operating under the name Acte, is located in Alexandria, VA. The organization was established in 1988. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2018, Acte employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acte 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 12/2018, Acte generated $5.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.5m during the year ending 12/2018. While expenses have increased by 2.6% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROGRAMS THAT ENHANCE THE PROFESSIONAL DEVELOPMENT OF BUSINESS TRAVEL PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL EDUCATION CONFERENCE (SPRING/US) - 800-1000 ATTENDEES FROM THE BUSINESS TRAVEL INDUSTRY WHO ARE MEMBERS AND NONMEMBERS WHO COME FROM AROUND THE WORLD TO LEARN BEST PRACTICES IN CORPORATE TRAVEL AND TO INTERACT WITH THEIR PEERS.
GLOBAL EDUCATION CONFERENCE (FALL/EUROPE) - 400-600 ATTENDEES FROM THE BUSINESS TRAVEL INDUSTRY WHO ARE MEMBERS AND NONMEMBERS WHO COME FROM AROUND THE WORLD TO LEARN BEST PRACTICES IN CORPORATE TRAVEL AND TO INTERACT WITH THEIR PEERS.
GLOBAL EDUCATION CONFERENCE (ASIA) - 300-400 ATTENDEES FROM THE BUSINESS TRAVEL INDUSTRY WHO ARE MEMBERS AND NONMEMBERS WHO COME FROM AROUND THE WORLD TO LEARN BEST PRACTICES IN CORPORATE TRAVEL AND TO INTERACT WITH THEIR PEERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greeley Koch Executive Director/ceo | Officer | 40 | $329,774 |
Jill Jefferis Director, Global Engagement | 40 | $136,938 | |
Lori O'connell Treasurer | OfficerTrustee | 1 | $0 |
Leigh Bochicchio President | OfficerTrustee | 1 | $0 |
Cindy Van Der Elst Board Member | Trustee | 1 | $0 |
Steve Sitto Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benson Tang Business Development | 12/30/18 | $196,548 |
At Your Service Llc Event/membership Registration | 12/30/18 | $170,669 |
Stephanie Smook Business Development | 12/30/18 | $104,966 |
Debbie Thomas Business Development | 12/30/18 | $127,868 |
Ksmb Associates Inc Accounting Services | 12/30/18 | $219,378 |
Financial Statements
| 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 | $5,534,074 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $60,000 |
| 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 | $5,636,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $355,549 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $590,344 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,964 |
| Payroll taxes | $59,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,661 |
| Fees for services: Accounting | $18,858 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,035,140 |
| Advertising and promotion | $135,258 |
| Office expenses | $86,259 |
| Information technology | $40,842 |
| Royalties | $0 |
| Occupancy | $60,791 |
| Travel | $397,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,434,729 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,092 |
| Insurance | $32,661 |
| All other expenses | $39,219 |
| Total functional expenses | $5,466,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,431 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,991 |
| 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 | $36,001 |
| Net Land, buildings, and equipment | $56,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,962 |
| Total assets | $277,722 |
| Accounts payable and accrued expenses | $799,395 |
| Grants payable | $0 |
| Deferred revenue | $415,666 |
| 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 | $1,215,061 |
| Unrestricted restricted net Assets | -$937,339 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$937,339 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Association For Research And Enlightenment Inc Virginia Beach, VA | $20,084,486 | $11,379,644 |
Center For Education Reform Washington, DC | $1,738,343 | $7,208,228 |
Association Of Corporate Travel Executives Inc Bamkruptcy Alexandria, VA | $277,722 | $5,636,042 |
Global Fund For Children Washington, DC | $9,730,095 | $6,479,849 |
International Womens Media Foundation Washington, DC | $17,214,124 | $6,735,111 |
University Of North Carolina Press Chapel Hill, NC | $43,092,371 | $7,489,638 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
Boardsource Washington, DC | $10,860,434 | $3,803,950 |
National Energy Education Development Project Inc Manassas, VA | $4,802,187 | $4,327,526 |
National Newspapers Publishers Association Washington, DC | $4,689,524 | $3,875,356 |