Civic Intelligence

Faa Managers Association Inc

990 • Fiscal year 2023 • EIN 37-1426448

Jul 01, 2023 to Dec 31, 2023 • Filed on Sep 16, 2024

Organization ProfileWWW.FAAMA.ORG
1899 L St NW 520Washington, DC 20036

(202) 400-0272

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.04x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

33rd percentile

0.07x

Higher debt load relative to revenue than 33% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

85th percentile

22%

Higher net margin than 85% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

27th percentile

$0

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

56th percentile

8.2%

Faster asset growth than 56% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-5.8%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$2,282,138

Up $172,568 (+8.2%) from 2022

Net Assets

Up

$2,197,014

Up $137,639 (+6.7%) from 2022

Liabilities

Up

$85,124

Up $34,929 (+70%) from 2022

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin85th percentile

Revenue

Down

$1,139,214

Down $70,365 (-5.8%) from 2022

Expenses

Down

$892,730

Down $329,155 (-27%) from 2022

Net Income

Up

$246,484

Up $258,790 (+2103%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2020: $1,695,489Liabilities 2020: $86,830Net Assets 2020: $1,608,6592020Assets 2021: $2,237,496Liabilities 2021: $80,933Net Assets 2021: $2,156,5632021Assets 2022: $2,109,570Liabilities 2022: $50,195Net Assets 2022: $2,059,3752022Assets 2023: $2,282,138Liabilities 2023: $85,124Net Assets 2023: $2,197,0142023Assets 2024: $2,477,911Liabilities 2024: $79,174Net Assets 2024: $2,398,7372024

Highlighted filing

2023

Assets$2,282,138
Liabilities$85,124
Net Assets$2,197,014
Open 2023 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2020: $1,335,652Expenses 2020: $1,152,011Net Income 2020: $183,6412020Revenue 2021: $1,171,498Expenses 2021: $715,090Net Income 2021: $456,4082021Revenue 2022: $1,209,579Expenses 2022: $1,221,885Net Income 2022: -$12,3062022Revenue 2023: $1,139,214Expenses 2023: $892,730Net Income 2023: $246,4842023Revenue 2024: $1,672,377Expenses 2024: $1,320,559Net Income 2024: $351,8182024

Highlighted filing

2023

Revenue$1,139,214
Expenses$892,730
Net Income$246,484
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Dec 31, 2023
Signed
Sep 16, 2024
Return Version
2023v5.1
Gross Receipts
$1,575,737
Mission and Program Overview

Mission

To promote aviation safety and efficiency and support the ideals of the federal government.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$662,857$1,277,882▲ $615,025
Investments Other Securities$917,287$964,167▲ $46,880
Investments in Publicly Traded Securities$638,209$0▼ $638,209
Prepaid Expenses and Deferred Charges$16,748$40,089▲ $23,341
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Total Assets$2,235,101$2,282,138▲ $47,037
Liabilities
Accounts Payable and Accrued Expenses$90,136$85,124▼ $5,012
Total Liabilities$90,136$85,124▼ $5,012
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,144,965$2,197,014▲ $52,049
Total Net Assets Fund Balance$2,144,965$2,197,014▲ $52,049
Total Liabilities and Net Assets / Fund Balance$2,235,101$2,282,138▲ $47,037

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$964,167--
Compensation and Service Providers
Top Officer Pay27th percentile

Board Members and Trustees

NameTitle
Mike SmithPresident
Wayne HubbardVice President
Ron EritanoExecutive Director
Andy TaylorRegional Director
Chris CitrolaRegional Director
Isaac LindRegional Director
Jeff HubertRegional Director
Michael HornRegional Director
Randy BaileyRegional Director
Sarina GumbertRegional Director
Sheri KaneshiroRegional Director
Willette NealRegional Director
Jeff BurkeSecretary
Denise RagerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Normandy Group LLCLobbying1899 L ST NW STE 520, Washington, DC 20036$148,699
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$863,644
Investment Income
$254,631
Other Revenue
$20,939
Change in Net Assets
$246,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$838,730
Salaries, Compensation, and Employee Benefits$54,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$584,907
Fees for Services Lobbying---$94,699
Current Officers, Directors, Trustees, and Key Employees---$54,000
Fees for Services Accounting---$10,600
Other Expenses---$10,590
Total Functional Expenses$0$0$0$892,730
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft of the form 990 is provided to the treasurer for circulation to the audit committee. The treasurer and board of directors review the draft and provide comments. Corrections, if any, are made to the form prior to filing.”

Form 990, Part VI, Section B, Line 15

“The organization utilizes volunteers as board members and their executive director positions. No salaries or other compensations are given.”

Form 990, Part VI, Section C, Line 19

“The organization provides access to copies of its governing documents, policies and financial statements as required by law upon request.”

Filing and Contact Details

Filer

Filer Name
Faa Managers Association Inc
EIN
37-1426448
Phone
2024000272
Address
1899 L ST NW 520, WASHINGTON, DC 20036

Signing Officer

Name
Denise Rager
Title
Treasurer
Phone
2024000272
Signed
2024-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Smith
Formed
2002
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
100

Preparer

Firm
Pile Cpas
Address
ONE INDIANA SQ SUITE 1200, INDIANAPOLIS, IN 46204
Preparer
Jeremy C Kopeck CPA
Phone
3172693454
Raw XML Appendix371 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt090136
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt085124
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE AVIATION SAFETY AND EFFICIENCY AND SUPPORT THE IDEALS OF THE FEDERAL GOVERNMENT.
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DENISE RAGER
IRS990/BooksInCareOfDetail/PhoneNum02024000272
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt089 W 2400 N
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAYTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084041
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt054000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0584907
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0148699
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01899 L ST NW STE 520
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WASHINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd020036
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE NORMANDY GROUP LLC
IRS990/ContractorCompensationGrp/ServicesDesc0LOBBYING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0254631
IRS990/CYOtherExpensesAmt0838730
IRS990/CYOtherRevenueAmt020939
IRS990/CYProgramServiceRevenueAmt0863644
IRS990/CYRevenuesLessExpensesAmt0246484
IRS990/CYSalariesCompEmpBnftPaidAmt054000
IRS990/CYTotalExpensesAmt0892730
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01139214
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FAA MANAGERS ASSOCIATION, INC. ("FAAMA") ORGANIZES AND HOSTS AN ANNUAL NATIONAL TRAINING CONFERENCE FOR ITS MEMBERS AND OTHERS INTERESTED IN ATTENDING. THE TRAINING AGENDA FOR THE CONFERENCE IS REVIEWED AND APPROVED BY THE US DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION. THE FAA MUST COMPLY WITH STRICT CONGRESSIONAL DIRECTION REGARDING THE ADMINISTRATION CONTENT, DELIVERY AND EVALUATION OF ALL AGENCY FUNDED TRAINING. THE TRAINING WORKSHOPS PROVIDED AT THE CONFERENCE FALL WITHIN THE SCOPE OF THESE REQUIREMENTS. THE 2023 FAAMA CONVENTION HELD IN OCTOBER WAS IN PERSON AT THE GREEN VALLEY RANCH RESORT IN LAS VEGAS, NEVADA AND WAS ATTENDED BY 143 DELEGATES AND HAD 218 ATENDEES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt010600
IRS990/FeesForServicesLobbyingGrp/TotalAmt094699
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm1DENISE RAGER
IRS990/Form990PartVIISectionAGrp/PersonNm2WAYNE HUBBARD
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDY TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS CITROLA
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL HORN
IRS990/Form990PartVIISectionAGrp/PersonNm6ISAAC LIND
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFF HUBERT
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLETTE NEAL
IRS990/Form990PartVIISectionAGrp/PersonNm9SARINA GUMBERT
IRS990/Form990PartVIISectionAGrp/PersonNm10RANDY BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm11SHERI KANESHIRO
IRS990/Form990PartVIISectionAGrp/PersonNm12MIKE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm13RON ERITANO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIR.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0213855
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0650378
IRS990/GrossReceiptsAmt01575737
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt040776
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040776
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0917287
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0964167
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0638209
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0436523
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AVIATION SAFETY AND EFFICIENCY AND SUPPORT THE IDEALS OF THE FEDERAL GOVERNMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02144965
IRS990/NetAssetsOrFundBalancesEOYAmt02197014
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0213855
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0213855
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-194435
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02144965
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02197014
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP RECRUITMENT
IRS990/OtherExpensesGrp/Desc1DIRECTOR & COMMITTEE EX
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3OPERATING EXPENSES
IRS990/OtherExpensesGrp/TotalAmt063503
IRS990/OtherExpensesGrp/TotalAmt157225
IRS990/OtherExpensesGrp/TotalAmt217206
IRS990/OtherExpensesGrp/TotalAmt310590
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020939
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020939
IRS990/OtherRevenueTotalAmt020939
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016748
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040089
IRS990/PrincipalOfficerNm0MIKE SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES & ASSESMEN
IRS990/ProgramServiceRevenueGrp/Desc1CONVENTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0467312
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1396332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0467312
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1396332
IRS990/ProgSrvcAccomActy2Grp/Desc0FAAMA PROVIDES LEADERSHIP TRAINING COURSES FOR ITS MEMBERS AND OTHER INTERESTED IN ATTENDING. CONTINUING EDUCATION CREDITS ARE AVAILABLE FOR ATTENDANCE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027766
IRS990/PYOtherExpensesAmt01260453
IRS990/PYOtherRevenueAmt023010
IRS990/PYProgramServiceRevenueAmt01195688
IRS990/PYRevenuesLessExpensesAmt0-13989
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01260453
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01246464
IRS990/ReconcilationRevenueExpnssAmt0246484
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0662857
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01277882
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/OrganizationBelongsAffltGrpInd0X
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0964167
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ANNUITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0964167
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 IS PROVIDED TO THE TREASURER FOR CIRCULATION TO THE AUDIT COMMITTEE. THE TREASURER AND BOARD OF DIRECTORS REVIEW THE DRAFT AND PROVIDE COMMENTS. CORRECTIONS, IF ANY, ARE MADE TO THE FORM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION UTILIZES VOLUNTEERS AS BOARD MEMBERS AND THEIR EXECUTIVE DIRECTOR POSITIONS. NO SALARIES OR OTHER COMPENSATIONS ARE GIVEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES ACCESS TO COPIES OF ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AS REQUIRED BY LAW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02235101
IRS990/TotalAssetsEOYAmt02282138
IRS990/TotalAssetsGrp/BOYAmt02235101
IRS990/TotalAssetsGrp/EOYAmt02282138
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0892730
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt090136
IRS990/TotalLiabilitiesEOYAmt085124
IRS990/TotalLiabilitiesGrp/BOYAmt090136
IRS990/TotalLiabilitiesGrp/EOYAmt085124
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02144965
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02197014
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0863644
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt040776
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01098438
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01139214
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02235101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02282138
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01899 L ST NW 520
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.FAAMA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE RAGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02024000272
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAA MANAGERS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FAAM
ReturnHeader/Filer/EIN0371426448
ReturnHeader/Filer/PhoneNum02024000272
ReturnHeader/Filer/USAddress/AddressLine1Txt01899 L ST NW 520
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0350865680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PILE CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE INDIANA SQ SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046204
ReturnHeader/PreparerPersonGrp/PhoneNum03172693454
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY C KOPECK CPA
ReturnHeader/ReturnTs02024-09-16T07:28:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,282,138
Liabilities
$85,124
Net assets
$2,197,014
Revenue
$1,139,214
Expenses
$892,730
Net income
$246,484
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.48$0.08$2.40$1.67$1.32$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.28$0.09$2.20$1.14$0.89$0.25
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.05$2.06$1.21$1.22$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.24$0.08$2.16$1.17$0.72$0.46
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.09$1.61$1.34$1.15$0.18