AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES NORTH EAST CHAPTER

EIN: 042734209

ALBANY, NY

Total Revenue
$1,045,004
Total Expenses
$928,605
Total Assets
$587,179
Net Assets
$587,179
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
ZACHARY R SUNDQUIST
Phone
5183131141
Tax Period
2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES NORTH EAST CHAPTER, founded in 1985, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $929K left a modest 11% surplus.

Mission

EDUCATION OF MEMBERS WITH REGARD TO AIRPORT MANAGEMENT THROUGH NEWSLETTERS, CONFERENCES, AND A WEBSITE.

Program Service Accomplishments

Program 1

VARIOUS CONFERENCES AND SYMPOSIUMS FOR AIRPORT EXECUTIVES AND PERSONNEL FOR TRAINING, NETWORKING AND EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,045,004
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,045,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $928,605
TOTAL EXPENSES $928,605

Year-over-Year Comparison

2023 2022 Change
Revenue $1,045,004 $1,186,271 -0.1%
Expenses $928,605 $1,009,200 -0.1%
Net Income $116,399 $177,071 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN HAMMER Secretary 2.00
Officer Director
$0 $0 $0
KELLYANN VALENTINE PAST PRESIDENT 2.00
Director
$0 $0 $0
JASON TERRERI Director 2.00
Director
$0 $0 $0
MELINDA MONTGOMERY PAST PRESIDENT' 2.00
Officer Director
$0 $0 $0
KELVA RODRIQUEZ Director 2.00
Director
$0 $0 $0
DARREN LARGE Vice President 2.00
Officer Director
$0 $0 $0
ZACHARY R SUNDQUIST President 3.00
Officer Director
$0 $0 $0
CHAD NIXON Director 2.00
Director
$0 $0 $0
STEPHEN D WILLIAMS Director 2.00
Director
$0 $0 $0
DAVID W JONES Director 2.00
Director
$0 $0 $0
PAUL BREAN Director 2.00
Director
$0 $0 $0
DEREK MARTIN Treasurer 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,045,004 $928,605 $587,179 $116,399
2022 $1,186,271 $1,009,200 $470,780 $177,071
2021 $499,557 $390,451 $293,709 $109,106
2019 $1,226,028 $1,111,431 $434,852 $114,597
2018 $1,109,266 $1,010,389 $320,255 $98,877
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