GENERAL AVIATION MANUFACTURERS ASSOCIATION

EIN: 520897278

WASHINGTON, DC

Total Revenue
$9,717,541
Total Expenses
$8,193,044
Total Assets
$15,000,578
Net Assets
$14,983,471
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
DC
Principal Officer
PETER J BUNCE
Phone
2023931500
Tax Period
2023-01-01 to 2023-12-31

GENERAL AVIATION MANUFACTURERS ASSOCIATION, founded in 1970, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 16% operating margin.

Mission

THE ASSOCIATION PAID GYM MEMBERSHIP DUES FOR PRESIDENT & CEO PETER BUNCE, WHICH WERE INCLUDED IN HIS MEDICARE WAGES PER FORM W-2, BOX 5, AS WELL AS IN COLUMN (B)(III) OF PART II OF SCHEDULE J.

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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 $83,000
Program Service Revenue $9,150,412
Investment Income $459,889
Other Revenue $24,240
TOTAL REVENUE $9,717,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,937,016
Fundraising Expenses $0
Program Expenses $6,353,264
Other Expenses $3,256,028
TOTAL EXPENSES $8,193,044

Year-over-Year Comparison

2023 2022 Change
Revenue $9,717,541 $8,150,757 +0.2%
Expenses $8,193,044 $7,113,367 +0.2%
Net Income $1,524,497 $1,037,390 +0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
107
Independent Members
106
Employees
14
Volunteers
106

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
2
$1,434,169
Total Directors
107
$1,043,770
Key Employees
2
$854,099
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAN KRALIK DIRECTOR 1.00
Director
$0 $0 $0
JIM HIRSCH DIRECTOR 1.00
Director
$0 $0 $0
TERI SHORT DIRECTOR 1.00
Director
$0 $0 $0
ERIK HOKUF DIRECTOR 1.00
Director
$0 $0 $0
KRISTOFER GARBERG DIRECTOR 1.00
Director
$0 $0 $0
ADAM GOLDSTEIN DIRECTOR 1.00
Director
$0 $0 $0
JOHN UCZEKAJ DIRECTOR 1.00
Director
$0 $0 $0
CHAD CUNDIFF DIRECTOR 1.00
Director
$0 $0 $0
CRAIG SINCOCK DIRECTOR 1.00
Director
$0 $0 $0
GARY DUNN DIRECTOR 1.00
Director
$0 $0 $0
DANIEL SCHWINN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL THACKER DIRECTOR 1.00
Director
$0 $0 $0
KYLE CLARK DIRECTOR 1.00
Director
$0 $0 $0
JIM ALLMON DIRECTOR 1.00
Director
$0 $0 $0
JOE BENSON DIRECTOR 1.00
Director
$0 $0 $0
SAMIR SAHGAL DIRECTOR 1.00
Director
$0 $0 $0
TONYA SUDDUTH DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIAN GRIM DIRECTOR 1.00
Director
$0 $0 $0
MARC BECKER DIRECTOR 1.00
Director
$0 $0 $0
JOHN KNUDSEN DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDRE PREVOST DIRECTOR 1.00
Director
$0 $0 $0
SEAN LANAGAN DIRECTOR 1.00
Director
$0 $0 $0
ANNE-SOPHIE CATHERINEAU DIRECTOR 1.00
Director
$0 $0 $0
KENNETH WEAVER DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PHILIBEN DIRECTOR 1.00
Director
$0 $0 $0
ZEAN NIELSEN DIRECTOR 1.00
Director
$0 $0 $0
KARL HUTTER DIRECTOR 1.00
Director
$0 $0 $0
HENRY BROOKS DIRECTOR 1.00
Director
$0 $0 $0
KAREN HONG DIRECTOR 1.00
Director
$0 $0 $0
PAT HORGAN DIRECTOR 1.00
Director
$0 $0 $0
NICOLAS CHABBERT DIRECTOR 1.00
Director
$0 $0 $0
THIERRY BETBEZE DIRECTOR 1.00
Director
$0 $0 $0
AARON HILKEMANN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
ARTHUR LEOPOLD-LEGER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL AMALFITANO DIRECTOR 1.00
Director
$0 $0 $0
TODD TETZLAFF DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS KING DIRECTOR 1.00
Director
$0 $0 $0
GREGORY DAVIS DIRECTOR 1.00
Director
$0 $0 $0
JAMES GERWIEN DIRECTOR 1.00
Director
$0 $0 $0
MATTHIAS BETSCH DIRECTOR 1.00
Director
$0 $0 $0
DANIEL BAKER DIRECTOR 1.00
Director
$0 $0 $0
MARK DUELL DIRECTOR 1.00
Director
$0 $0 $0
BRAD THRESS DIRECTOR 1.00
Director
$0 $0 $0
TYSON WEIHS DIRECTOR 1.00
Director
$0 $0 $0
PETER BUNCE PRESIDENT & CEO, TREASURER 50.00
Officer Director
$948,170 $95,600 $1,043,770
PHILIPP STEINBACH DIRECTOR 1.00
Director
$0 $0 $0
PHILIP STRAUB DIRECTOR 1.00
Director
$0 $0 $0
ALLEN PAXSON DIRECTOR 1.00
Director
$0 $0 $0
MELVYN HEARD DIRECTOR 1.00
Director
$0 $0 $0
MEL SOLOMON DIRECTOR 1.00
Director
$0 $0 $0
SERGIO AGUIRRE DIRECTOR 1.00
Director
$0 $0 $0
JAMES ZIEGLER DIRECTOR 1.00
Director
$0 $0 $0
MARK BURNS DIRECTOR 1.00
Director
$0 $0 $0
KEITH BAGLEY DIRECTOR 1.00
Director
$0 $0 $0
JOE BROWN DIRECTOR 1.00
Director
$0 $0 $0
DAVID COLEAL DIRECTOR 1.00
Director
$0 $0 $0
SHAHRAM ASKARPOUR DIRECTOR 1.00
Director
$0 $0 $0
DAVID PADDOCK DIRECTOR 1.00
Director
$0 $0 $0
LOUIS SENO DIRECTOR 1.00
Director
$0 $0 $0
JOEBEN BEVIRT DIRECTOR 1.00
Director
$0 $0 $0
IAN WALSH DIRECTOR 1.00
Director
$0 $0 $0
JEFF KANEY DIRECTOR 1.00
Director
$0 $0 $0
KRIS GANASE DIRECTOR 1.00
Director
$0 $0 $0
CLYDE WOLTMAN DIRECTOR 1.00
Director
$0 $0 $0
SASKIA HORSCH DIRECTOR 1.00
Director
$0 $0 $0
DAVID VAN DEN LANGENBERGH DIRECTOR 1.00
Director
$0 $0 $0
SHANNON MASSEY DIRECTOR 1.00
Director
$0 $0 $0
ARVIND MEHRA DIRECTOR 1.00
Director
$0 $0 $0
BRAD PEDERSEN DIRECTOR 1.00
Director
$0 $0 $0
BILL DOLNY DIRECTOR 1.00
Director
$0 $0 $0
KERRI DELANGE DIRECTOR 1.00
Director
$0 $0 $0
KEVIN HAWLEY DIRECTOR 1.00
Director
$0 $0 $0
JIM PEITZ DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN TIGNER DIRECTOR 1.00
Director
$0 $0 $0
THOMAS BOSSHARD DIRECTOR 1.00
Director
$0 $0 $0
JOHN CALCAGNO DIRECTOR 1.00
Director
$0 $0 $0
KRIYA SHORTT DIRECTOR 1.00
Director
$0 $0 $0
DAN KORTE DIRECTOR 1.00
Director
$0 $0 $0
MARIA DELLA POSTA DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW MCCARDLE DIRECTOR 1.00
Director
$0 $0 $0
HAL CHRISMAN DIRECTOR 1.00
Director
$0 $0 $0
CHARLES GREGOIRE DIRECTOR 1.00
Director
$0 $0 $0
FRANK MOESTA DIRECTOR 1.00
Director
$0 $0 $0
JEAN-MICHEL HILLION DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL INGRAM DIRECTOR 1.00
Director
$0 $0 $0
TONY LEFEBVRE DIRECTOR 1.00
Director
$0 $0 $0
DAN SHIDLER DIRECTOR 1.00
Director
$0 $0 $0
ERIC HINSON CHAIRMAN 1.00
Director
$0 $0 $0
RYAN STONE DIRECTOR 1.00
Director
$0 $0 $0
TONY BRANCATO DIRECTOR 1.00
Director
$0 $0 $0
BEN DIACHUN DIRECTOR 1.00
Director
$0 $0 $0
NICK GUIDA DIRECTOR 1.00
Director
$0 $0 $0
RON DRAPER DIRECTOR 1.00
Director
$0 $0 $0
ALAN PELLEGRINI DIRECTOR 1.00
Director
$0 $0 $0
TODD WINTER DIRECTOR 1.00
Director
$0 $0 $0
RANDY O'BOYLE DIRECTOR 1.00
Director
$0 $0 $0
DROR YAHAV DIRECTOR 1.00
Director
$0 $0 $0
NORMAN HAPP DIRECTOR 1.00
Director
$0 $0 $0
OLIVER REINHARDT DIRECTOR 1.00
Director
$0 $0 $0
TYLER WHEELER DIRECTOR 1.00
Director
$0 $0 $0
GREGG WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
CHUCK WIPLINGER VICE CHAIRMAN 1.00
Director
$0 $0 $0
BRIAN YUTKO DIRECTOR 1.00
Director
$0 $0 $0
SHAWN MCLEVIGE DIRECTOR 1.00
Director
$0 $0 $0
LYNN NICHOLS DIRECTOR 1.00
Director
$0 $0 $0
VAL MIFTAKHOV DIRECTOR 1.00
Director
$0 $0 $0
WALTER L DESROSIER SECRETARY & VP OF ENGINEERING & MAINTENANCE 50.00
Officer
$320,855 $69,544 $390,399
PAUL FELDMAN VP OF GOVT AFFAIRS 50.00
Key Emp
$433,964 $84,105 $518,069
JENS HENNIG VP OF OPERATIONS 50.00
Key Emp
$298,545 $37,485 $336,030
NORMAN BURKETT GENERAL COUNSEL 40.00
Highest
$209,210 $22,372 $231,582
DAVID DUNNING DIRECTOR OF GLOBAL INNOVATION & POLICY 40.00
Highest
$185,087 $37,985 $223,072
AMANDA JOYNER MANAGING DIRECTOR, GOV'T AFFAIRS 45.00
Highest
$192,308 $21,449 $213,757
JOSEPH CASTRO DIRECTOR OF COMMUNICATIONS 40.00
Highest
$155,195 $10,849 $166,044
JOSEPH SAMBIASE MANAGING DIRECTOR, MAINTENANCE & AIRWORTHINESS 40.00
Highest
$200,297 $13,993 $214,290
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 $9,717,541 $8,193,044 $15,000,578 $1,524,497
2022 $8,150,757 $7,113,367 $13,448,349 $1,037,390
2021 $7,210,865 $6,413,510 $11,882,458 $797,355
2020 $7,661,101 $6,578,989 $10,725,770 $1,082,112
2019 $7,662,532 $8,224,910 $9,626,708 $-562,378
2018 $6,360,678 $6,824,862 $10,302,804 $-464,184
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