International Flight Services Association Inc

Organization Overview

International Flight Services Association Inc is located in Atlanta, GA. The organization was established in 1975. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Flight Services 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, International Flight Services Association Inc generated $478.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $703.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LEAD, DEVELOP, AND REPRESENT THE GLOBAL BUSINESS INTERESTS OF THE ONBOARD SERVICE INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONFERENCES TO PROMOTE AND INFORM MEMBERS ABOUT TRENDS AND NEW DEVELOPMENTS IN THE INDUSTRY.


INFORMATION AND MATERIALS FOR USE BY MEMBERS TO FURTHER KNOWLEDGE AND AWARENESS OF THE ASSOCIATION, MAINTENANCE OF WEBSITE, AND GLOBAL DEVELOPMENT.


RECOGNITION OF MEMBERS' ACCOMPLISHMENTS THROUGH ISSUANCE OF AWARDS.


GAEC ADVOCACY - GOVERNMENT AFFAIRS & EDUCATION COMMITTEE.IFSA HAS A LONG HISTORY OF REPRESENTING ITS MEMBER BASE BY GOVERNMENT AFFAIRS ENGAGEMENT AND ADVOCACY. AN IFSA STRATEGIC OBJECTIVE IS TO "POSITIVELY INFLUENCE REGULATIONS TO BEST SERVE THE INDUSTRY & PASSENGERS IN-FLIGHT". SEE HTTPS://IFSA.APEX.AERO/ADVOCACY/


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Board, Officers & Key Employees

Name (title)Compensation
Kimberly Guanci
Vice President
$0
Steven Murtoff
President
$0
Stephen Kingsley
President Emeritus
$0
Ed Matovcik
Secretary
$0
Chris Kinsella
Treasurer
$0
Darren Bott
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$95,904
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$95,904
Total Program Service Revenue$374,965
Investment income $6,020
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 $478,787

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