Armed Forces Communications And Electronics Association
- Assets
- $2.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Lake, NC
- Founding
- 09/1982
- Data as of
- 12/2022
- EIN
- 56-1285875
Organization Overview
Armed Forces Communications And Electronics Association is located in Spring Lake, NC. 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 12/2022, Armed Forces Communications And Electronics Association generated $29.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $35.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Gordner President | 5 | $0 | |
Ryan Kenny Executive VP | 2 | $0 | |
Danita Cummins Treasurer | 3 | $0 | |
Todd Stuyvesant VP Scholarships | 3 | $0 | |
Scott Feinstein VP Memberships | 3 | $0 | |
Shae Hardin VP Stem Grants | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,480 |
| Total Program Service Revenue | $136,743 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,480 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,000 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,843 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $11,683 |
| Total expenses | $35,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,231 |
| Other assets | $0 |
| Total assets | $2,231 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,231 |