AMERICAN ASSN OF PORT AUTHORITIES INC

EIN: 530193338

WASHINGTON, DC

Total Revenue
$7,969,001
Total Expenses
$9,664,742
Total Assets
$1,816,071
Net Assets
$-1,782,181
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1930
Legal Domicile
DC
Principal Officer
CHARISSA MEIKLE
Phone
7036845700
Tax Period
2023-07-01 to 2024-06-30

AMERICAN ASSN OF PORT AUTHORITIES INC, founded in 1930, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $9.7M exceeded revenue, resulting in a 21% operating deficit.

Mission

AAPA IS A TRADE ASSOCIATION THAT REPRESENTS THE INTERESTS OF THE PUBLIC PORT INDUSTRY IN THE U.S., CANADA, LATIN AMERICA, AND THE CARIBBEAN REGION.

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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 $1,106,982
Program Service Revenue $6,845,011
Investment Income $16,700
Other Revenue $308
TOTAL REVENUE $7,969,001

Expense Breakdown

Grants Paid $588,786
Salaries & Benefits $2,650,544
Fundraising Expenses $0
Other Expenses $6,425,412
TOTAL EXPENSES $9,664,742

Year-over-Year Comparison

2023 2022 Change
Revenue $7,969,001 $6,065,297 +0.3%
Expenses $9,664,742 $6,905,469 +0.4%
Net Income $-1,695,741 $-840,172 +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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
25
Volunteers
24

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
$849,739
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL ANDERSON CHAIR 1.00
Officer Director
$0 $0 $0
CHETT CHIASSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
SEAN HANRAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
LISA LEFEBER BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD HENDRICK BOARD MEMBER 1.00
Director
$0 $0 $0
DEB DELUCA BOARD MEMBER 1.00
Director
$0 $0 $0
JULIANNA MARLER BOARD MEMBER 1.00
Director
$0 $0 $0
GRIFF LYNCH BOARD MEMBER 1.00
Director
$0 $0 $0
DANNY WAN BOARD MEMBER 1.00
Director
$0 $0 $0
HYDI WEBB BOARD MEMBER AS OF FEB. 2024 1.00
Director
$0 $0 $0
PAUL MATTHEWS BOARD MEMBER AS OF OCT. 2023 1.00
Director
$0 $0 $0
JONATHAN DANIELS BOARD MEMBER UNTIL FEB. 2024 1.00
Director
$0 $0 $0
CHRISTOPHER J CONNOR PRESIDENT & CEO UNTIL OCT. 2023 50.00
Officer
$431,973 $66,839 $498,812
CARY DAVIS LEIZEROWSKI SEC PRESIDENT & CEO AS OF OCT. 2023 50.00
Officer
$227,850 $40,159 $268,009
CHARISSA MEIKLE TREASURER VP OF FINANCE & ADMIN. AS OF AUG. 2023 40.00
Officer
$68,544 $14,374 $82,918
KEVIN J TRAVER VP OF BUSINESS DEVELOPMENT 40.00
Highest
$185,127 $29,675 $214,802
SHANNON MCLEOD DIR OF PROFESSIONAL & WORKFORCE DEV. 40.00
Highest
$156,220 $34,585 $190,805
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 No data No data No data No data
2024 $7,969,001 $9,664,742 $1,816,071 $-1,695,741
2023 $6,065,297 $6,905,469 $1,788,270 $-840,172
2022 $6,177,051 $6,224,800 $3,212,046 $-47,749
2021 $5,681,424 $4,353,372 $2,624,424 $1,328,052
2020 $2,993,439 $4,058,958 $1,802,633 $-1,065,519
2019 $3,678,958 $3,936,255 $2,141,563 $-257,297
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