Federal Managers Association
- Assets
- $477.5k
- Revenue
- $601.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Alexandria, VA
- Founding
- 06/1956
- Data as of
- 09/2023
- EIN
- 52-0730599
Organization Overview
Federal Managers Association is located in Alexandria, VA. The organization was established in 1956. 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 09/2023, Federal Managers Association employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Federal Managers Association 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 09/2023, Federal Managers Association generated $601.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $530.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ASSOCIATION IS TO ADVOCATE EXCELLENCE IN PUBLIC SERVICE, IDENTIFY KEY GOVERNMENTAL POLICY CONCERNS AND TRENDS AND PROVIDE A VOICE OF ADVOCACY FOR OUR MEMBERS AND TO POSITION THE FEDERAL MANAGERS TO MEET THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL FMA CONVENTION IS HELD FOR THE PURPOSE OF CONDUCTING BUSINESS MEETINGS, TRAINING AND POLICY SETTING. APPROXIMATELY 70 ATTENDEES.
THE "FEDERAL MANAGERS MAGAZINE" -- MAGAZINE IS E-MAILED TO APPROXIMATELY 4,500 MEMBERS FOUR TIMES PER YEAR AND APPROXIMATELY 500 COPIES ARE PRINTED ONCE PER YEAR FOR MARKETING PURPOSES.
MEMBERSHIP - TO BE OUR MEMBERS LEADING RESOURCE AND REPRESENTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Carter National President | OfficerTrustee | 5 | $5,000 |
Ronald Gryga National Vice President | OfficerTrustee | 2 | $2,500 |
Christopher Shawn Lombardi National Secretary | OfficerTrustee | 2 | $2,250 |
Christine C Parker National Treasurer | OfficerTrustee | 2 | $2,500 |
Jeremy Barton Region 1 Director | Trustee | 2 | $1,000 |
Peggy V Hatcher Region 3 Director | Trustee | 2 | $2,000 |
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 | $610,712 |
| Investment income | $810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$9,684 |
| 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 | $601,838 |
| 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. | $148,662 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,241 |
| Pension plan accruals and contributions | $10,144 |
| Other employee benefits | $10,464 |
| Payroll taxes | $18,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,291 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,458 |
| Advertising and promotion | $0 |
| Office expenses | $5,511 |
| Information technology | $7,127 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,463 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,357 |
| Insurance | $5,699 |
| All other expenses | $15,356 |
| Total functional expenses | $530,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,343 |
| Savings and temporary cash investments | $150,498 |
| 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 |
| Net Land, buildings, and equipment | $263,638 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $477,479 |
| Accounts payable and accrued expenses | $30,147 |
| 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 | $30,147 |
| Net assets without donor restrictions | $447,332 |
| 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 | $477,479 |