Armed Forces Communications And Electronics Association
- Assets
- $30.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quantico, VA
- Founding
- 09/1982
- Data as of
- 09/2022
- EIN
- 52-1241114
Organization Overview
Armed Forces Communications And Electronics Association is located in Quantico, VA. 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. Armed Forces Communications And Electronics 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 09/2022, Armed Forces Communications And Electronics Association generated $97.8k 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 (4.0%) each year. All expenses for the organization totaled $89.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krista Mckendrick VP Special Events | 0 | $0 | |
Michael Prince Treasurer | 0 | $0 | |
Jeremy Rockett VP Sponsorship | 0 | $0 | |
Jim Longi VP Scholarship | 0 | $0 | |
Kimberely Bandler VP Emerging Leaders | 0 | $0 | |
Richard Leino Chapter President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,777 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $2 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,779 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,288 |
| Occupancy, rent, utilities, and maintenance | $2,047 |
| Printing, publications, postage, and shipping | $523 |
| Other expenses | $19,658 |
| Total expenses | $89,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,559 |
| Other assets | $0 |
| Total assets | $30,559 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,559 |
Peer Organizations
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|---|---|---|
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
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The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |