Civic Intelligence

General Aviation Manufacturers Association Inc

990 • Fiscal year 2022 • EIN 52-0897278

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 12, 2023

Organization ProfileWWW.GAMA.AERO

View Organization Page

1400 K Street NW 801Washington, DC 20005

(202) 393-1500

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2022 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2022 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2022

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$1,005,976

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2022 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2022

Asset Growth

76th percentile

13%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

2022 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$13,448,349

Up $1,565,891 (+13%) from 2021

Net Assets

Up

$13,431,152

Up $1,571,339 (+13%) from 2021

Liabilities

Down

$17,197

Down $5,448 (-24%) from 2021

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin67th percentile

Revenue

Up

$8,150,757

Up $939,892 (+13%) from 2021

Expenses

Up

$7,113,367

Up $699,857 (+11%) from 2021

Net Income

Up

$1,037,390

Up $240,035 (+30%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $9,035,416Liabilities 2011: $0Net Assets 2011: $9,035,4162011Assets 2012: $9,356,239Liabilities 2012: $150,000Net Assets 2012: $9,206,2392012Assets 2013: $9,956,931Liabilities 2013: $14,597Net Assets 2013: $9,942,3342013Assets 2014: $9,626,217Liabilities 2014: $0Net Assets 2014: $9,626,2172014Assets 2015: $10,165,754Liabilities 2015: $1,134Net Assets 2015: $10,164,6202015Assets 2016: $10,653,417Liabilities 2016: $15,500Net Assets 2016: $10,637,9172016Assets 2017: $10,653,255Liabilities 2017: $1,189Net Assets 2017: $10,652,0662017Assets 2018: $10,302,804Liabilities 2018: $114,922Net Assets 2018: $10,187,8822018Assets 2019: $9,626,708Liabilities 2019: $1,204Net Assets 2019: $9,625,5042019Assets 2020: $10,725,770Liabilities 2020: $18,154Net Assets 2020: $10,707,6162020Assets 2021: $11,882,458Liabilities 2021: $22,645Net Assets 2021: $11,859,8132021Assets 2022: $13,448,349Liabilities 2022: $17,197Net Assets 2022: $13,431,1522022Assets 2023: $15,000,578Liabilities 2023: $17,107Net Assets 2023: $14,983,4712023Assets 2024: $15,293,383Liabilities 2024: $20,781Net Assets 2024: $15,272,6022024

Highlighted filing

2022

Assets$13,448,349
Liabilities$17,197
Net Assets$13,431,152
Open 2022 Filing

Operations Trend

Revenue Growth59th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,902,450Expenses 2011: $4,907,561Net Income 2011: -$5,1112011Revenue 2012: $5,342,566Expenses 2012: $5,171,743Net Income 2012: $170,8232012Revenue 2013: $6,612,105Expenses 2013: $5,876,010Net Income 2013: $736,0952013Revenue 2014: $6,496,202Expenses 2014: $6,812,319Net Income 2014: -$316,1172014Revenue 2015: $6,673,738Expenses 2015: $6,135,335Net Income 2015: $538,4032015Revenue 2016: $6,616,031Expenses 2016: $6,142,734Net Income 2016: $473,2972016Revenue 2017: $6,558,289Expenses 2017: $6,544,140Net Income 2017: $14,1492017Revenue 2018: $6,360,678Expenses 2018: $6,824,862Net Income 2018: -$464,1842018Revenue 2019: $7,662,532Expenses 2019: $8,224,910Net Income 2019: -$562,3782019Revenue 2020: $7,661,101Expenses 2020: $6,578,989Net Income 2020: $1,082,1122020Revenue 2021: $7,210,865Expenses 2021: $6,413,510Net Income 2021: $797,3552021Revenue 2022: $8,150,757Expenses 2022: $7,113,367Net Income 2022: $1,037,3902022Revenue 2023: $9,717,541Expenses 2023: $8,193,044Net Income 2023: $1,524,4972023Revenue 2024: $9,209,204Expenses 2024: $9,462,805Net Income 2024: -$253,6012024

Highlighted filing

2022

Revenue$8,150,757
Expenses$7,113,367
Net Income$1,037,390
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 12, 2023
Return Version
2022v5.0
Gross Receipts
$8,150,757
Mission and Program Overview

Mission

The general aviation manufacturers association (gama) exists to foster and advance the general welfare, safety, interests and activities of the global business and general aviation industry. This includes promoting a better understanding of general aviation manufacturing, maintenance, repair, and overhaul and the important role these industry segments play in economic growth and opportunity, and in serving the critical transportation needs of communities, companies and individuals worldwide.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,529,161$11,400,128▲ $870,967
Savings and Temporary Cash Investments$205,673$1,206,842▲ $1,001,169
Cash and Non-Interest-Bearing Accounts$1,067,617$524,085▼ $543,532
Land, Buildings, and Equipment, Net$74,853$312,140▲ $237,287
Total Assets$11,882,458$13,448,349▲ $1,565,891
Other Assets Total$5,154$5,154→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,645$17,197▼ $5,448
Total Liabilities$22,645$17,197▼ $5,448
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,859,813$13,431,152▲ $1,571,339
Total Net Assets Fund Balance$11,859,813$13,431,152▲ $1,571,339
Total Liabilities and Net Assets / Fund Balance$11,882,458$13,448,349▲ $1,565,891

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$217,616$323,265$540,881
Equipment$94,524$345,844$440,368
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter BuncePresident & CEO, TreasurerFT$569,689$436,287$1,005,976
Paul FeldmanVP of Govt AffairsFT$307,612$191,268$498,880
Walter L DesrosierSecretary & VPFT$250,015$124,199$374,214
Jens HennigVP of OperationsFT$219,403$93,194$312,597
Norman a BurkettGeneral CounselFT$180,003$37,867$217,870
Amanda JoynerGOV'T AFFAIRS DIRECTORFT$149,851$63,393$213,244
Joseph SambiaseManaging Director, Airworthiness & Regulatory AffaFT$183,846$1,963$185,809
Joseph SambiaseManaging Director, Airworthiness & R-$146,429$39,380$185,809
Aubree J ForanMembership Services DirectorFT$134,729$14,798$149,527
Joseph a CastroCommunicationsFT$147,317-$147,317

Board Members and Trustees

NameTitle
Aaron HilkemannDirector
Adam GoldsteinDirector
Alan PellegriniDirector
Alexandre PrevostDirector
Anne-sophie CatherineauDirector
Arthur Leopold-legerDirector
Arvind MehraDirector
Ben DiachunDirector
Benjamin TignerDirector
Benoit DefforgeDirector
Bill FloodDirector
Brad MottierDirector
Brad PedersenDirector
Brad ThressDirector
Chad CundiffDirector
Charles GregoireDirector
Christian GrimDirector
Chuck WiplingerDirector
Clyde WoltmanDirector
Craig SincockDirector
Dan KorteDirector
Daniel BakerDirector
Daniel SchwinnDirector
David ColealDirector
David PaddockDirector
David Van Den LangenberghDirector
Douglas KingDirector
Dror YahavDirector
Eric HinsonDirector
Erik HokufDirector
Erika PearsonDirector
Eyton ZelazoDirector
Frank MoestaDirector
Gary GysinDirector
Gregg WilliamsDirector
Gregory DavisDirector
Hal ChrismanDirector
Henry BrooksDirector
Ian WalshDirector
James GerwienDirector
James ZieglerDirector
Jan KralikDirector
Jean-michel HillionDirector
Jeff KaneyDirector
Jeff TrangDirector
Jim AllmonDirector
Jim CurrierDirector
Jim HirschDirector
Jim PeitzDirector
Joe BrownDirector
Joeben BevirtDirector
John CalcagnoDirector
John KnudsenDirector
John UczekajDirector
Karen HongDirector
Karl HutterDirector
Keith BagleyDirector
Kenneth WeaverDirector
Kevin HawleyDirector
Kris GanaseDirector
Kristofer GarbergDirector
Kyle ClarkDirector
Louis SenoDirector
Lynn NicholsDirector
Marc BeckerDirector
Maria Della PostaDirector
Mark BurnsDirector
Mark DuellDirector
Matthew MccardleDirector
Matthias BetschDirector
Melvyn HeardDirector
Michael AmalfitanoDirector
Michael SzczechowskiDirector
Michael ThackerDirector
Nick GuidaDirector
Nicolas ChabbertDirector
Norman HappDirector
Oliver ReinhardtDirector
Omer Bar-yohayDirector
Pat HorganDirector
Philip StraubDirector
Philipp SteinbachDirector
RANDY O'BOYLEDirector
Robert HamiltonDirector
Roger RossDirector
Ron DraperDirector
Samir SahgalDirector
Scott PhilibenDirector
Sergio AguirreDirector
Shahram AskarpourDirector
Shannon MasseyDirector
Sven LepschyDirector
Thierry BetbezeDirector
Thomas BosshardDirector
Todd WinterDirector
Tony BrancatoDirector
Tony LefebvreDirector
Tonya SudduthDirector
Tyler WheelerDirector
Tyson WeihsDirector
Val MiftakhovDirector
Vibby GottemukkalaDirector
Zean NielsenDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Brookfield PropertiesRentPO BOX 79476, Baltimore, MD 21279$387,500
Corbett Technology Solutions INCBoardroom Project ProposalPO BOX 791586, Baltimore, MD 21279$201,560
Mehlman Castagnetti Rosen & ThomasGovernment Affairs Consulting Services1341 G STREET NW SUITE 1100, Washington, DC 20005$177,644
Design Data Systems INCIt Consultants610 PROFESSIONAL DRIVE SUITE 102, Gaithersburg, MD 20879$107,359
Revenue and Support

Revenue Composition

Contributions and Grants
$77,000
Program Service Revenue
$7,662,316
Investment Income
$387,201
Other Revenue
$24,240
All Other Contributions
$77,000
Change in Net Assets
$1,037,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,113,359
Revenue Not Reported on Financial Statements
$37,398
Revenue Not Reported on Form 990
$533,949
Total Revenue per Audited Statements
$8,647,308
Total Revenue per Form 990
$8,150,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,464,081
Other Expenses$2,649,286
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$2,052,581
Other Salaries and Wages---$1,494,175
Travel---$529,701
Occupancy---$488,136
Pension Plan Contributions---$346,177
Payroll Taxes---$285,799
Other Employee Benefits---$285,349
Fees for Services Lobbying---$252,000
Office Expenses---$199,743
Fees for Services Other---$191,498
Conferences and Meetings---$139,679
Information Technology---$135,887
Advertising---$80,397
Fees for Services Accounting---$64,665
Other Expenses---$42,388
Fees for Service Investment Mgmnt Fees---$37,398
Insurance---$32,703
Depreciation Depletion---$19,691
Total Functional Expenses$0$0$0$7,113,367

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,113,367
Expenses per Audited Statements$7,075,969
Total Expenses per Audited Statements$7,075,969
Expenses Not Reported on Financial Statements$37,398
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
1
Employees
3
Spending
$952,453

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesSee Part V13$952,453
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

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$901,793
Total Nondeductible Lobbying and Political Cost$901,793
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The association's voting membership consists of 103 companies in the general aviation industry. Each member and each associate member full company nominates one individual to serve on the board of directors. Every board member is elected by the board of directors. Members of the board of directors serve without compensation. The association also has a membership class called associate membership epic. Each associate epic class member company is not eligible to appoint a member to the board of directors. However, as a group, the associate epic class member companies can appoint one representative to the board of directors. The board of directors is the governing body of the association. All directors are voting members of the board of directors.”

Form 990, Part VI, Section A, Line 7A

“All member companies, other than associate epic class member companies, have a seat on the board of directors. Each of these member companies appoint an executive to represent the company on the board of directors. Any change in the member's representative requires approval of the board of directors. All companies seeking to join the association require approval of the board of directors before they become a member.”

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

“The members of the association's board of directors are higher echelon officers of member companies. The board members do not have the time and/or expertise to review the form 990. The board of directors have authorized the association to provide a copy of the form 990 to the members of the finance committee before filing the tax return. A complete copy of the form 990 was e-mailed to all members of the finance committee before filing. This return was reviewed by the vp of operations and the corporate secretary, as well as by the association's president & ceo.”

Form 990, Part VI, Section B, Line 12C

“All board members, officers, and key employees are required to submit annually signed conflict of interest disclosure statements to the association's director of meetings & membership services.”

Form 990, Part VI, Section B, Line 15A

“Compensation for the association's president & ceo is reviewed and approved annually by the chairman and vice chairman of the board of directors.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
General Aviation
EIN
52-0897278
Phone
2023931500
Address
1400 K STREET NW 801, WASHINGTON, DC 20005

Signing Officer

Name
Peter J Bunce
Title
President & CEO
Phone
2023931500
Signed
2023-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter J Bunce
Formed
1970
Legal Domicile
Dc
Voting Board Members
104
Independent Board Members
103
Employees
16
Volunteers
103

Preparer

Firm
Yount Hyde & Barbour Pc
Address
PO BOX 2560, WINCHESTER, VA 22604-1760
Preparer
Jennifer R Files CPA
Phone
5406623417
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“PROCESS HAS NOT CHANGED.”

Raw XML AppendixShowing 400 of 1,315 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
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt730
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt740
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt750

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,448,349
Liabilities
$17,197
Net assets
$13,431,152
Revenue
$8,150,757
Expenses
$7,113,367
Net income
$1,037,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.3$0.02$15.3$9.21$9.46$0.25
2023Detailed filing. Detailed filing data is available for this year.$15.0$0.02$15.0$9.72$8.19$1.52
2022Detailed filing. Detailed filing data is available for this year.$13.4$0.02$13.4$8.15$7.11$1.04
2021Detailed filing. Detailed filing data is available for this year.$11.9$0.02$11.9$7.21$6.41$0.80
2020Detailed filing. Detailed filing data is available for this year.$10.7$0.02$10.7$7.66$6.58$1.08
2019Detailed filing. Detailed filing data is available for this year.$9.63$0.00$9.63$7.66$8.22$0.56
2018Detailed filing. Detailed filing data is available for this year.$10.3$0.11$10.2$6.36$6.82$0.46
2017Detailed filing. Detailed filing data is available for this year.$10.7$0.00$10.7$6.56$6.54$0.01
2016Detailed filing. Detailed filing data is available for this year.$10.7$0.02$10.6$6.62$6.14$0.47
2015Detailed filing. Detailed filing data is available for this year.$10.2$0.00$10.2$6.67$6.14$0.54
2014Detailed filing. Detailed filing data is available for this year.$9.63$0.00$9.63$6.50$6.81$0.32
2013Summary only. Only limited summary data is available for this year.$9.96$0.01$9.94$6.61$5.88$0.74
2012Summary only. Only limited summary data is available for this year.$9.36$0.15$9.21$5.34$5.17$0.17
2011Summary only. Only limited summary data is available for this year.$9.04$0.00$9.04$4.90$4.91$0.01