National Association Of State Aviation Officials
- Assets
- $1.8m
- Revenue
- $946.8k
- Investments
- $0.0
- Employees
- 4
- Location
- McLean, VA
- Founding
- 06/1948
- Data as of
- 09/2021
- EIN
- 38-1691709
Organization Overview
National Association Of State Aviation Officials is located in McLean, VA. The organization was established in 1948. 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 09/2021, National Association Of State Aviation Officials employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of State Aviation Officials is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2021, National Association Of State Aviation Officials generated $946.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $875.4k during the year ending 09/2021. While expenses have increased by 0.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NASAO WAS ESTABLISHED TO ENSURE UNIFORMITY OF SAFETY MEASURES, TO STANDARDIZE AIRPORT REGULATIONS, AND TO DEVELOP A TRULY NATIONAL AIR TRANSPORTATION SYSTEM RESPONSIVE TO LOCAL, STATE, AND REGIONAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NASAO ENCOURAGES AND FOSTERS COOPERATION AND MUTUAL AID AMONG THE STATES, LOCAL GOVERNMENTS AND TERRITORIES, THE FEDERAL GOVERNMENT, AND THE PUBLIC SECTOR IN THE DEVELOPMENT AND PROMOTION OF AVIATION SYSTEMS THAT CAN SAFELY AND EFFECTIVELY SERVE THE NEEDS OF CITIZENS AND COMMERCIAL COMMUNITIES IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Pecoraro President And CEO | Officer | 40 | $146,123 |
Bobby Walston Chair | OfficerTrustee | 1 | $0 |
Anthony Mccloskey Vice Chair | OfficerTrustee | 1 | $0 |
James Stephens Secretary | OfficerTrustee | 1 | $0 |
David Ulane Treasurer | OfficerTrustee | 1 | $0 |
John Binder Immediate Past Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Interel Management Services | 9/29/20 | $381,239 |
Jviation Training Program | 9/29/20 | $130,303 |
Interel Management Services | 9/29/20 | $381,239 |
Jviation Training Program | 9/29/20 | $130,303 |
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 | $7,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,450 |
| Total Program Service Revenue | $918,351 |
| Investment income | $21,016 |
| 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 | $946,817 |
| 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. | $172,075 |
| Compensation of current officers, directors, key employees. | $68,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,485 |
| 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 | $47,327 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,194 |
| Fees for services: Other | $10,411 |
| Advertising and promotion | $12,496 |
| Office expenses | $15,704 |
| Information technology | $29,792 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $29,667 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $161,762 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $476 |
| Insurance | $4,470 |
| All other expenses | $597 |
| Total functional expenses | $875,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,906 |
| Savings and temporary cash investments | $9,440 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $171,021 |
| 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 | $13,001 |
| Net Land, buildings, and equipment | $2,383 |
| Investments—publicly traded securities | $1,293,282 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,484 |
| Total assets | $1,832,517 |
| Accounts payable and accrued expenses | $163,229 |
| Grants payable | $0 |
| Deferred revenue | $32,858 |
| 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 | $2,768 |
| Total liabilities | $198,855 |
| Net assets without donor restrictions | $1,633,662 |
| 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 | $1,832,517 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Association Of State Aviation Officials has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Colorado Springs Convention Visitors Bureau Colorado Springs, CO PURPOSE: Support for local meeting/event | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |