National Business Travel Association Inc
- Assets
- $20.8m
- Revenue
- $24.0m
- Investments
- $0.0
- Employees
- 40
- Location
- Alexandria, VA
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 23-7058143
Organization Overview
National Business Travel Association Inc is located in Alexandria, VA. The organization was established in 1994. 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. As of 12/2021, National Business Travel Association Inc employed 40 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Business Travel Association Inc 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, National Business Travel Association Inc generated $24.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $11.8m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXCHANGE OF INFORMATION & ENHANCING THE EDUCATIONAL ADVANCEMENT & IMAGE OF THE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
US CONVENTION: THE GBTA CONVENTION IS THE LARGEST, MOST COMPREHENSIVE ANNUAL GATHERING OF BUSINESS TRAVEL, MEETING MANAGERS, PROCUREMENT PROFESSIONALS, AND SUPPLIERS ANYWHERE IN THE WORLD. THE BUSINESS TRAVEL EVENT OF THE YEAR FEATURES INDUSTRY-LEADING EDUCATION SESSIONS AND THE LARGEST BUSINESS TRAVEL COMPANY EXPOSITION. FOR MORE INFORMATION ON THE GBTA CONVENTION, PLEASE VISIT THE ORGANIZATION'S WEBSITE AT WWW.GBTA.ORG.
OTHER EVENTS & GLOBAL CONFERENCES: IN ADDITION TO THE ANNUAL GBTA CONVENTION, GBTA PRODUCES FIRST-CLASS WORLDWIDE EVENTS THROUGHOUT THE YEAR, INCLUDING CONFERENCES, SYMPOSIUMS, WORKSHOPS, AND WEBINARS, PROVIDING BUSINESS TRAVEL INDUSTRY PROFESSIONALS ACROSS THE GLOBE WITH UNPARALLELED EDUCATION, NETWORKING, AND BUSINESS OPPORTUNITIES.
MEMBERSHIP: GBTA DELIVERS WORLD-CLASS EDUCATION, EVENTS, RESEARCH, ADVOCACY, AND MEDIA TO A GROWING GLOBAL NETWORK. GBTA PRIDES ITSELF ON CREATING OPPORTUNITIES TO ADDRESS THE DEMANDING AND EVOLVING NEEDS OF OUR BUSINESS TRAVEL PROFESSIONALS.
WINIT, WOMEN IN TRAVEL, WAS ACQUIRED BY GBTA IN AUGUST 2018. WINIT MEMBERS BENEFIT WITH EXPANDED REACH AT GBTA EVENTS, EDUCATION OFFERINGS, AND CONFERENCES GLOBALLY. AT THE SAME TIME, GBTA IS ABLE TO LEVERAGE THE WINIT AND PROGRAMS FOCUSED ON GENDER EQUALITY, WHICH COMPLEMENTS GBTA EDUCATIONAL INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Neufang Ceo/executive Director | Officer | 40 | $330,372 |
Lisa Censullo Executive Vice President | Officer | 40 | $256,021 |
Hema Shah CFO & Evp - Strategy | Officer | 40 | $212,653 |
Elizabeth Huh Sr. Vp, Global Operations | 40 | $201,229 | |
Margaret Dolphin Sr. Vp, Sales - Americas | 40 | $154,031 | |
Dawn Murphy Director, Program Op. & Delivery | 40 | $124,057 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
M Garrett Sales | 12/30/21 | $160,624 |
Alongi Media Solutions Annual Conference - Production | 12/30/21 | $212,198 |
Maritme Creative Annual Conference - Video Production | 12/30/21 | $150,502 |
Cornerstone Government Affairs Government Affairs | 12/30/21 | $204,750 |
On Services A Ges Company Annual Conference - Av, Digital Services | 12/30/21 | $998,960 |
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 | $10,851,022 |
| Investment income | $121,964 |
| 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 | $24,011,198 |
| 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. | $980,336 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,640,282 |
| Pension plan accruals and contributions | $72,285 |
| Other employee benefits | $195,988 |
| Payroll taxes | $235,048 |
| Fees for services: Management | $919,336 |
| Fees for services: Legal | $219,136 |
| Fees for services: Accounting | $139,633 |
| Fees for services: Lobbying | $171,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,200,486 |
| Advertising and promotion | $43,133 |
| Office expenses | $174,085 |
| Information technology | $289,071 |
| Royalties | $0 |
| Occupancy | $479,719 |
| Travel | $146,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,124,618 |
| Interest | $21,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $382,909 |
| Insurance | $62,633 |
| All other expenses | $122,965 |
| Total functional expenses | $11,795,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,100,160 |
| Savings and temporary cash investments | $266,937 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,064,633 |
| 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 | $490,480 |
| Net Land, buildings, and equipment | $1,042,954 |
| Investments—publicly traded securities | $7,415,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $339,000 |
| Other assets | $37,751 |
| Total assets | $20,757,465 |
| Accounts payable and accrued expenses | $5,192,744 |
| Grants payable | $0 |
| Deferred revenue | $2,834,002 |
| 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 | $1,362,101 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,692,449 |
| Total liabilities | $12,081,296 |
| Net assets without donor restrictions | $8,676,169 |
| 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 | $20,757,465 |
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|---|---|---|
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Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |
Guaranty Association Benefits Company Washington, DC | $1,687,230,547 | $54,247,522 |
American Trucking Associations Inc Washington, DC | $115,646,374 | $45,819,466 |
Entertainment Software Association Washington, DC | $37,670,266 | $39,894,859 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Business Aviation Association Inc Washington, DC | $41,505,986 | $35,013,449 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Corporation For Travel Promotion Washington, DC | $155,155,340 | $50,300,586 |
Alliance For Automotive Innovation Washington, DC | $16,322,930 | $27,313,596 |