NEAR AIRPORT PARKING INDUSTRY TRADE ASSOCIATION

EIN: 474574613 Community Improvement

CHICAGO, IL

Total Revenue
$777
Total Expenses
$5,365
Total Assets
$162,181
Net Assets
$162,181
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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
2015
Legal Domicile
IL
Principal Officer
TIM O'MALLEY
Phone
3124531700
Tax Period
2025-01-01 to 2025-12-31

NEAR AIRPORT PARKING INDUSTRY TRADE ASSOCIATION, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $326K in total revenue in fiscal year 2018. Revenue surged 75635% from the prior year, signaling strong growth momentum.

Mission

THE GOALS AND MISSION OF THE ASSOCIATION, ARE AS FOLLOWS: (I) ACCESS TO THE (SEE SCH O) AIRPORT TERMINALS, (II) USE BASED ACCESS FEES GROUNDED SOLELY IN GROUND TRANSPORTATION RELATED COST RECOVERY, (III) NO DISPARATE TREATMENT BETWEEN SIMILARLY SITUATED COMMERCIAL USERS OF AIRPORT FACILITIES. THE ASSOCIATION EXPECTS TO ENGAGE IN ACTIVITIES THAT SUPPORT THOSE GOALS SUCH AS REACTING TO NEW REGULATIONS, ACTING AT THE FEDERAL LEVEL OR STATE LEVEL, AND ACTING DISCRETELY IN SPECIFIC AIRPORTS.THESE ACTIVITIES ALL SUPPORT OUR PURPOSE TO DEVELOP, FORMULATE, AND ADVOCATE IN SUPPORT OF POLICY RECOMMENDATIONS ON ISSUES OF INTEREST TO, AND FOR THE BENEFIT OF, THE AIRPORT PARKING INDUSTRY AND ALL OF ITS STAKEHOLDERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $777
Other Revenue $0
TOTAL REVENUE $777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,365
TOTAL EXPENSES $5,365

Year-over-Year Comparison

2025 2024 Change
Revenue $777 $1,454 -0.5%
Expenses $5,365 $179,641 -1.0%
Net Income $-4,588 $-178,187 -1.0%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM O'MALLEY CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHN WALSH VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
ROBERT S CHAVEZ SECRETARY-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
2025 $777 $5,365 $162,181 $-4,588
2024 $1,454 $179,641 $166,769 $-178,187
2023 $424,043 $356,709 $344,956 $67,334
2022 $201,122 $177,165 $277,622 $23,957
2021 $542,922 $359,717 $253,665 $183,205
2020 $329,366 $398,616 $70,460 $-69,250
2019 $322,901 $307,707 $139,710 $15,194
2018 $325,661 $322,906 $124,516 $2,755
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