National Business Aviation Association Inc in Washington, District of Columbia (DC)

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National Business Aviation Association Inc
Employer Identification Number (EIN)521633654
Name of OrganizationNational Business Aviation Association Inc
In Care of NameChief Financial Officer
Address1200 18th St Nw Ste 400, Washington, DC 20036-2527
ActivitiesBusiness promotion (chamber of commerce, business league, etc.
SubsectionBusiness League
Ruling Date07/1989
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2010
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$23,622,574
Amount of Income$37,682,881
Form 990 Revenue Amount$23,061,760
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2010: $37,682,881
This organization: 

 $37,682,881
Other organizations performing similar types of work: 

 $1,018,982

Assets in 2010: $23,622,574
National Business Aviation Association Inc: 

 $23,622,574
Other organizations performing similar types of work: 

 $1,270,319

Expenses in 2007: $28,437,379
National Business Aviation Association Inc: 

 $28,437,379
Other organizations performing similar types of work: 

 $899,741

Income to expenses ratio in 2007: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.0

Number of employees in 2007: 78
This organization: 

 78
Other organizations performing similar types of work: 

 12

Employees paid over $50,000 in 2007: 7.7%
National Business Aviation Association Inc: 

 7.7%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2007: 0.4%
National Business Aviation Association Inc: 

 0.4%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$16,078,609$16,113,767$14,766,741$17,993,236$19,339,735$22,622,504$26,907,015$28,318,381
Contributions, gifts, grants, and similar amounts received$2,994$42,635$68,385$66,450$0$0$115,575$108,422
Contributions to donor advised funds$0$0
Direct public support$2,994$42,635$68,385$66,450$0$0$115,575$108,422
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$13,649,278$7,299,362$13,139,693$14,104,096$16,018,382$18,544,047$20,528,480$21,511,652
Membership dues and assessments$1,768,767$2,025,735$2,386,312$2,547,538$2,659,604$2,740,804$2,870,257$3,067,572
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$884,129$601,652$512,533$572,283$423,485$629,868$1,003,634$885,021
Net rental income or (loss)$3,300$3,600$3,600$1,575$0$0$0$0
Gross rents$3,300$3,600$3,600$1,575$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$1,414,339$2,102,065
Gain or (loss) from sales of assets other than inventory$-266,549$-833,057$-1,300,579$701,677$167,697$697,559$947,873$643,649
Gross amount from sales of assets other than inventory$5,341,983$7,680,645$3,274,374$18,483,938$7,669,795$10,610,641$2,707,617$4,812,277
Less: cost or other basis and sales expenses$5,608,532$8,513,702$4,574,953$17,782,261$7,502,098$9,913,082$1,759,744$4,168,628
Net income or (loss) from special events and activities$-19,666$-77,533$-79,686$-58,040$0$11,481$33,500$0
Gross revenue$0$0$58,895$74,355$99,037$100,801$120,385$0
Less: direct expenses other than fundraising expenses$19,666$77,533$138,581$132,395$99,037$89,320$86,885$0
Gross profit or (loss) from sales of inventory$8,409$35,765$-25,573$13,244$-9,933$-3,655$-9,686$0
Gross sales of inventory, less returns and allowances$37,110$35,765$49,387$54,180$47,052$31,961$24,379$0
Less: cost of goods sold$28,701$0$74,960$40,936$56,985$35,616$34,065$0
Other revenue$47,947$7,015,608$62,056$44,413$80,500$2,400$3,043$0
Total expenses$15,465,603$15,567,043$15,817,108$16,678,104$20,189,271$21,881,727$26,591,130$28,437,379
Program services$0$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$10,937,034$10,987,462$11,171,528$12,231,393$11,082,225$11,656,939$13,714,754$7,227,882
Excess or (deficit) for the year$613,006$546,724$-1,050,367$1,315,132$-849,536$740,777$315,885$-118,998
Net assets or fund balances at beginning of year$10,985,517$10,937,034$10,987,462$11,171,528$12,231,393$11,082,226$11,656,939$13,714,754
Other changes in net assets or fund balances$-661,489$-496,296$1,234,433$-255,267$-299,632$-166,064$1,741,930$-6,367,874
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$28,437,379$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$100,000
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$2,241,371$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$5,811,684$0$0$0
Pension plan contributions not included above$419,373$0$0$0
Employee benefits not included above$1,217,348$0$0$0
Payroll taxes$460,868$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$80,637$0$0$0
Legal fees$359,788$0$0$0
Supplies$153,173$0$0$0
Telephone$256,452$0$0$0
Postage and shipping$652,630$0$0$0
Occupancy$620,442$0$0$0
Equipment rental and maintenance$250,610$0$0$0
Printing and publications$1,632,617$0$0$0
Travel$968,454$0$0$0
Conferences, conventions, and meetings$6,542,976$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$378,450$0$0$0
Other expenses not covered above$6,290,506$0$0$0
Balance Sheets
20002001200220032004200520062007
Total assets$22,575,147$22,015,454$22,928,814$24,394,544$27,760,790$30,739,288$34,626,029$26,776,958
Cash - non-interest-bearing$450$440$440$440$399$62$0$0
Savings and temporary cash investments$7,996,040$8,408,783$9,282,914$15,853,418$10,186,379$11,368,311$12,621,076$5,163,092
Accounts receivable less allowance for doubtful accounts$0$0$0$165,420$466,110$465,814$1,053,925$455,479
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$1,167,279$0$0$0$0$1,059,732
Investments - publicly-traded securities$17,905,741$18,896,421
Investments - other securities$12,676,133$11,870,224$11,743,187$6,991,166$15,175,626$16,342,186$1,448,674$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$837,285$765,462$690,857$894,980$659,317$583,630$661,431$594,511
Other assets, including program-related investments$1,065,239$970,545$44,137$489,120$1,272,959$1,979,285$935,179$607,723
Total liabilities$11,638,113$11,027,992$11,757,286$12,163,151$16,678,565$19,082,349$20,911,272$19,549,076
Accounts payable and accrued expenses$1,863,062$2,111,900$2,280,092$2,437,429$5,273,928$6,901,441$5,531,139$5,249,865
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$9,775,051$8,916,092$9,477,194$9,725,722$11,299,395$12,061,837$13,034,366$13,538,275
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$105,242$119,071$2,345,767$760,936
Total liabilities and net assets/fund balances$22,575,147$22,015,454$22,928,814$24,394,544$27,760,790$30,739,288$34,626,026$26,776,958
Total net assets or fund balances$10,937,034$10,987,462$11,171,528$12,231,393$11,082,225$11,656,939$13,714,754$7,227,882
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$16,078,609$16,113,767$14,766,741$17,993,236$19,339,735$22,622,504$26,907,015$28,318,381
Total revenue, gains, and other support per audited financial statements$16,393,525$17,024,357$16,280,591$17,464,890$19,982,667$22,744,655$27,856,501$32,164,570
Other expenses$0$0$213,271$173,331$763,695$129,982$949,486$5,948,254
Net unrealized gains on investments$0$0$0$0$607,673$5,046$828,536$-1,999,872
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$213,271$173,331$156,022$124,936$120,950$7,948,126
Other revenue$-314,916$-910,590$-1,300,579$701,677$120,763$7,831$0$2,102,065
Investment expenses$0$0$0$0$0$0$0$0
Other$-314,916$-910,590$-1,300,579$701,677$120,763$7,831$0$2,102,065
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$15,465,603$15,567,043$15,817,108$16,678,104$20,189,271$21,881,727$26,591,130$28,437,379
Total expenses and losses per audited financial statements$15,513,970$15,644,576$16,044,374$16,854,512$20,224,530$21,998,832$26,712,080$34,376,695
Other revenue$48,367$77,533$227,266$176,408$156,022$124,936$120,950$5,939,316
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$48,367$77,533$227,266$176,408$156,022$124,936$120,950$5,939,316
Other expenses$0$0$0$0$120,763$7,831$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$120,763$7,831$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$816,508$54,484$0
40$298,813$52,217$0
40$215,787$40,236$0
40$265,475$44,976$0
40$205,946$39,074$0
40$168,562$39,293$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings16
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$3,175,994
Section 162(e) lobbying and political expenditures$2,858,338
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$2,562,479
Taxable amount of lobbying and political expenditures$295,859
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200678
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$211,493$17,086,267$10,912,199
Program service revenue
Program service revenue 1000000$0Section 501(c)(3), (4), (5), or (6) organization - Qualified convention and trade show activity income (section 513(d)(3))$15,557,597$0
Program service revenue 2000000$000$0$575,313
Program service revenue 3Advertising and related services$19,00000$0$522,533
Program service revenue 4Advertising and related services$192,49300$0$14,890
Program service revenue 5000000$000$0$4,629,826
000000$0Section 501(c)(3), (4), (5), or (6) organization - Qualified convention and trade show activity income (section 513(d)(3))$15,557,597$0
000000$000$0$575,313
Advertising and related services$19,00000$0$522,533
Advertising and related services$192,49300$0$14,890
000000$000$0$4,406,259
000000$000$0$223,567
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$3,067,572
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$885,021$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$2,102,065
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$643,649$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
52229228850%$4,002,195$8,585,667
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Securities Investor Protection Corporation805 15th St Nw Ste 800, Washington, DC 20005-2207DC1971-06$447,531,238
2American Petroleum Institute1220 L St Nw, Washington, DC 20005-4018DC1938-04$322,364,936
3Pharmaceutical Research And Manufacturers Of America950 F St Nw Ste 300, Washington, DC 20004-1440DC1959-02$203,879,770
4Chamber Of Commerce Of The United States Of America1615 H St Nw, Washington, DC 20062-0001DC1940-11$198,803,930
5American Beverage Association1101 16th Street Nw, Washington, DC 20036-4803DC1939-02$133,398,048
6National Association Of Home Builders Of The United States, Seperate Entity Donot Merge-Cnsldt1201 15th St Nw, Washington, DC 20005-2842DC1997-08$107,569,921
7National Restaurant Association1200 17th St Nw 6th Fl, Washington, DC 20036-3006DC1943-03$67,461,065
8B S A Business Software Alliance, Bsa Inc1150 18th St Nw Ste 700, Washington, DC 20036-3817DC1989-09$62,617,200
9Investment Company Institute1401 H Street Nw, Washington, DC 20005-2110DC1945-05$52,156,213
10National Business Aviation Association Inc1200 18th St Nw Ste 400, Washington, DC 20036-2527DC1989-07$37,682,881
11National Association Of Manufacturers Of The Usa1331 Pennsylvania Ave Nw Ste 600, Washington, DC 20004-1751DC1938-01$34,931,240
12Entertainment Software Association575 7th St Nw Ste 300, Washington, DC 20004-1611DC1995-11$34,661,590
13National Retail Federation Inc325 7th St Nw, Washington, DC 20004-2818DC1938-08$32,371,401
14Record Industry Association Of America Inc1025 F St Nw Fl 10, Washington, DC 20004-1433DC1953-06$29,532,428
15Propane Education & Research Council Inc1140 Connecticut Ave Nw, Washington, DC 20036-4001DC1998-02$28,441,320
16Advanced Medical Technology Association701 Pennsylvania Ave Nw Ste 800, Washington, DC 20004-2654DC1975-12$27,642,013
17National League Of Cities1301 Pennsylvania Ave Nw Ste 550, Washington, DC 20004-1763DC1933-05$25,072,115
18Air Transport Association Of America Inc1301 Pennsylvania Ave Nw, Washington, DC 20004-1701DC1998-09$24,896,142
19Business Roundtable300 New Jersey Ave Nw Ste 800, Washington, DC 20001-2292DC1974-02$24,696,637
20Association Of Corporate Counsel1025 Connecticut Ave Nw, Washington, DC 20036-5405DC1983-11$24,044,412
21American Forest And Paper Association Inc1111 19th St Nw Fl 7, Washington, DC 20036-3625DC1995-04$24,017,505
22National Petrochemical & Refiners Association1667 K St Nw Ste 700, Washington, DC 20006-1654DC1963-05$23,238,813
23National Cooperative Business Assoc, Cooperative League Of Usa1401 N Y Ave Nw 1100, Washington, DC 20005-2146DC1996-10$23,198,949
24Personal Care Products Council1101 17th St Nw Ste 300, Washington, DC 20036-4742DC1942-07$22,651,488
25Financial Services Roundtable1001 Pennsylvania Ave Nw Ste 500s, Washington, DC 20004-2508DC1994-01$22,176,264
26Us Travel Association1100 New York Ave Nw, Washington, DC 20005-3934DC1964-04$21,157,439
27Landscape Architecture Foundation818 18th St Nw Ste 810, Washington, DC 20006-3520DC1966-08$19,161,125
28American Iron And Steel Institute25 Massachusetts Ave Nw 800, Washington, DC 20001-1430DC1943-02$19,005,109
29Software Publishers Association1090 Vermont Ave Nw Fl 6, Washington, DC 20005-4930DC1985-04$17,605,502
30American Society Of Association Executives1575 Eye St Nw 12th Fl, Washington, DC 20005-1105DC1942-07$17,098,427
Number of organizations performing similar types of work
Alaska1
Alabama14
Arkansas10
Arizona15
California105
Colorado18
Connecticut12
District of Columbia75
Delaware7
Florida54
Georgia30
Hawaii5
Iowa18
Idaho2
Illinois82
Indiana24
Kansas13
Kentucky9
Louisiana15
Massachusetts26
Maryland28
Maine3
Michigan30
Minnesota25
Missouri29
Mississippi11
Montana5
North Carolina39
North Dakota1
Nebraska6
New Hampshire6
New Jersey27
New Mexico5
Nevada8
New York92
Ohio42
Oklahoma11
Oregon18
Pennsylvania49
Rhode Island4
South Carolina10
South Dakota9
Tennessee20
Texas76
Utah4
Virginia106
Vermont5
Washington25
Wisconsin23
West Virginia8
Wyoming3
International4
Total1,267

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