AIR TRAFFIC CONTROL ASSOCIATION INC

EIN: 520744700

ALEXANDRIA, VA

Total Revenue
$2,419,719
Total Expenses
$3,884,848
Total Assets
$3,595,621
Net Assets
$1,312,569
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
VA
Principal Officer
CAREY J FAGAN
Phone
7032992430
Tax Period
2024-07-01 to 2025-06-30

AIR TRAFFIC CONTROL ASSOCIATION INC, founded in 1956, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 61% operating deficit.

Mission

THE ASSOCIATION IS A NON-PROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF PROMOTING, MAINTAINING AND ENHANCING THE STATURE AND WELLBEING OF THE AIR TRAFFIC CONTROL PROFESSION AND THE AVIATION COMMUNITY. THE ASSOCIATION IS DEDICATED TO DEVELOPING AND DISSEMINATING KNOWLEDGE OF THE CONTROL OF AIR TRAFFIC IN ALL ITS PHASES AND APPLICATIONS AND ENCOURAGING INTELLIGENT AND HONORABLE COOPERATION BETWEEN ALL PERSONS, PARTIES AND AGENCIES INTERESTED IN AND CONCERNED WITH THE PROMOTION AND ADVANCEMENT OF AVIATION AND, IN PARTICULAR, THE FIELD OF AIR TRAFFIC CONTROL.

Program Service Accomplishments

Program 1

PROVIDES MEMBERSHIP AND INDUSTRY WITH PROGRAMS FOR THE EXCHANGE OF INFORMATION PERTAINING TO THE CONTINUING SAFETY, RELIABILITY AND EFFICIENCY OF THE AIR TRAFFIC CONTROL SYSTEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,667,868
Investment Income $441,871
Other Revenue $309,980
TOTAL REVENUE $2,419,719

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,488,206
Fundraising Expenses $0
Other Expenses $2,396,642
TOTAL EXPENSES $3,884,848

Year-over-Year Comparison

2024 2023 Change
Revenue $2,419,719 $3,430,530 -0.3%
Expenses $3,884,848 $4,130,649 -0.1%
Net Income $-1,465,129 $-700,119 +1.1%
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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Governance

Voting Members
11
Independent Members
10
Employees
10
Volunteers
70

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
7
$662,974
Total Directors
14
$288,542
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL JACKSON CHAIR EMERITUS (BEG. 10/16/2024) 5.00
Officer Director
$0 $0 $0
PAUL FELDMAN CHAIRPERSON (BEG. 10/16/2024) 5.00
Officer Director
$0 $0 $0
CAREY FAGAN PRESIDENT & CEO 39.00
Officer Director
$288,542 $0 $288,542
SEAN MORRIS TREASURER (END. 10/15/2024) 5.00
Officer Director
$0 $0 $0
CHRIS ROCHELEAU SECRETARY (END. 10/15/2024) 5.00
Officer Director
$0 $0 $0
CARL BURLESON DIRECTOR 5.00
Director
$0 $0 $0
MASSIMO GARBINI DIRECTOR 5.00
Director
$0 $0 $0
HOLLY WOODRUFF LYONS DIRECTOR 5.00
Director
$0 $0 $0
JIM ECK DIRECTOR 5.00
Director
$0 $0 $0
DAVID W FORD DIRECTOR 5.00
Director
$0 $0 $0
MELISSA RUDINGER DIRECTOR 5.00
Director
$0 $0 $0
RACHEL SEIBERT DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL HAWTHORNE DIRECTOR 5.00
Director
$0 $0 $0
PARIMAL KOPARDEKAR DIRECTOR (END. 10/15/2024) 5.00
Director
$0 $0 $0
CHRISTINE OSTER CFO & COO 40.00
Officer
$220,673 $37,949 $258,622
BRIDGET DONGU DIRECTOR 40.00
Officer
$100,704 $15,106 $115,810
PAUL RUGGER SMITH DIRECTOR 40.00
Highest
$102,895 $34,087 $136,982
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 $2,419,719 $3,884,848 $3,595,621 $-1,465,129
2024 $3,430,530 $4,130,649 $5,451,236 $-700,119
2023 $2,949,984 $4,181,395 $7,076,083 $-1,231,411
2022 $1,309,780 $1,770,295 $7,156,260 $-460,515
2021 $2,071,359 $2,105,020 $8,505,984 $-33,661
2020 $2,827,874 $2,071,311 $7,067,750 $756,563
2020 $2,827,874 $2,071,311 $7,067,750 $756,563
2019 $3,832,640 $2,767,388 $6,012,750 $1,065,252
2018 $3,326,305 $3,311,962 $4,693,247 $14,343
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