Armed Forces Communications And Electronics Association
- Assets
- $326.6k
- Revenue
- $448.1k
- Investments
- $0.0
- Employees
- 0
- Location
- El Segundo, CA
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 52-1241105
Organization Overview
Armed Forces Communications And Electronics Association, operating under the name Non-profit, is located in El Segundo, CA. The organization was established in 1982. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Non-profit 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, Non-profit generated $448.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $319.2k during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 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
THE CHAPTER SHALL BE A PATRIOTIC, EDUCATIONAL, SCIENTIFIC, NONPROFIT ORGANIZATION COMPRISED OF INDIVIDUALS INVOLVED IN THE MILITARY, INDUSTRY, AND GOVERNMENT OF THE UNITED STATES. THE CHAPTER MAINTAINS AND IMPROVES THE COOPERATION AND EXCHANGE OF IDEAS BETWEEN GOVERNMENT AND INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPACE INDUSTRY DAYS TWO DAY CONFERENCE DURING WHICH THE SPACE SYSTEMS COMMAND PERSONNEL PRESENT SPACE ACQUISITION PROGRAM STATUS AND BUSINESS OPPORTUNITIES. HEADQUARTERS SPACE FORCE OFFICIALS ADDRESS FUTURE REQUIREMENTS AND BUDGETS FOR SPACE SYSTEMS. INDUSTRY SPEAKERS SHARE INDUSTRY BEST PRACTICES AND FUTURE TECHNOLOGIES. ATTENDANCE IS BY MEMBERS OF AEROSPACE AND DEFENSE INDUSTRIES AND ASSOCIATED GOVERNMENT PERSONNEL. REGISTRATION FEES ARE CHARGED FOR ATTENDANCE. WE ARE A CO-SPONSOR WITH GREATER LOS ANGELES CHAPTER TO THE NATIONAL DEFENSE INDUSTRIAL ASSOCIATION, AIR FORCE ASSOCIATION SCHRIEVER CHAPTER, AND THE SOUTHERN CALIFORNIA AEROSPACE PROFESSIONALS REPRESENTATIVES.
LUNCHEONS AND WORKSHOPS: THE CHAPTER PROVIDES PERIODIC LUNCHEONS AND WORKSHOPS FOR GOVERNMENT AND AEROSPACE INDUSTRY ATTENDEES. REGISTRATION FEES ARE CHARGED FOR ATTENDANCE TO COVER EXPENSES. GOVERNMENT AND INDUSTRY OFFICIALS PROVIDE SUMMARIES OF PROGRAM STATUS, BEST PRACTICES, AND BUSINESS OPPORTUNITIES.
AFCEA EDUCATIONAL PROGRAM FUNDING: FUNDING PROVIDED TO AFCEA EDUCATIONAL PROGRAM (PART OF AFCEA LA CHAPTER FOR EDUCATIONAL GRANTS) TO SUPPORT TEACHER GRANTS AND STEM SCHOLARSHIPS PAID FROM THE AFCEA EDUCATIONAL PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gilchrist VP Finance | Officer | 4 | $0 |
Nicholas Farinacci VP Operations | Officer | 2 | $0 |
Laura Pope VP Stem | Officer | 1 | $0 |
Callie Hewitt VP Emerging Leaders-Military | Officer | 1 | $0 |
Dan Mathews VP Publicity | Officer | 1 | $0 |
Larry Davidoff Oc Representative | Officer | 1 | $0 |
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 | $0 |
| Investment income | $17 |
| 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 | $448,072 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $35,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $319,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,620 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $326,620 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $326,620 |
| Total liabilities and net assets/fund balances | $326,620 |
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D A V Industries Spring Valley, CA | $16,692,300 | $10,872,133 |
Amvets Department Of California Service Foundation Garden Grove, CA | $23,614,480 | $12,375,344 |
Blue Star Families Inc Encinitas, CA | $9,421,835 | $11,402,884 |
Veterans Transition Center Of Monterey County Marina, CA | $10,271,050 | $3,306,792 |
Uso - Greater Los Angeles Area Inc Dba Bob Hope Uso Long Beach, CA | $9,922,016 | $7,823,004 |
Sepulveda Research Corporation North Hills, CA | $0 | $358,377 |
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For The Troops Simi Valley, CA | $784,854 | $2,236,492 |