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Nonprofiteer
← AMERICAN ASSOCIATION OF PORT AUTHORITIES INC

Form 990 for tax year 2024

Filed by AMERICAN ASSOCIATION OF PORT AUTHORITIES INC.

Totals

Total revenue
$8,284,357
Total expenses
$7,471,514
Contributions and grants received
$1,411,595
Grants paid
$923,566
Program service revenue
$6,840,673
Investment income
$7,089
Other revenue
$25,000
Total assets, end of year
$2,550,917
Total liabilities, end of year
$3,523,628
Net assets or fund balances, end of year
-$972,711
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,411,595

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $3,075,489 · related or exempt $3,075,489

  • 2b · Program service revenue: CONVENTION

    total $1,871,629 · related or exempt $1,871,629

  • 2c · Program service revenue: EVENTS AND SEMINARS

    total $605,505 · related or exempt $605,505

  • 2d · Program service revenue: POWERS SUMMIT

    total $554,556 · related or exempt $554,556

  • 2e · Program service revenue: LEGISLATIVE SUMMIT

    total $491,007 · related or exempt $491,007

  • 2f · All other program service revenue

    total $242,487 · related or exempt $162,227 · unrelated business $80,260

  • 3 · Investment income

    total $7,089 · excluded $7,089

  • 5 · Royalties

    total $25,000 · excluded $25,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $923,566

  • 5 · Compensation of officers, directors and key employees

    total $708,719

  • 7 · Other salaries and wages

    total $1,267,237

  • 8 · Pension plan contributions

    total $78,614

  • 9 · Other employee benefits

    total $164,476

  • 10 · Payroll taxes

    total $144,460

  • 11b · Fees: legal

    total $25,864

  • 11c · Fees: accounting

    total $52,800

  • 11d · Fees: lobbying

    total $93,033

  • 11g · Fees: other

    total $198,812

  • 12 · Advertising and promotion

    total $1,654

  • 13 · Office expenses

    total $173,911

  • 14 · Information technology

    total $55,781

  • 16 · Occupancy

    total $184,736

  • 17 · Travel

    total $54,902

  • 19 · Conferences, conventions and meetings

    total $2,547,795

  • 20 · Interest

    total $2,651

  • 23 · Insurance

    total $12,465

  • 24a · Other expenses: ACCELERATE APPRENTICESH

    total $469,450

  • 24b · Other expenses: SOFTWARE, DUES AND SUBS

    total $209,873

  • 24c · Other expenses: OTHER PROGRAM COSTS

    total $92,772

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $7,943

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $614,470 · end of year $896,038

  • 2 · Savings and temporary cash investments

    beginning of year $460,155 · end of year $303,395

  • 3 · Pledges and grants receivable

    beginning of year $35,171

  • 4 · Accounts receivable

    beginning of year $156,378 · end of year $268,323

  • 9 · Prepaid expenses and deferred charges

    beginning of year $524,770 · end of year $1,058,034

  • 10a · Land, buildings and equipment: cost or other basis

    $1,458,526

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,458,526

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $25,127 · end of year $25,127

  • 17 · Accounts payable and accrued expenses

    beginning of year $661,230 · end of year $747,562

  • 19 · Deferred revenue

    beginning of year $2,702,773 · end of year $2,776,066

  • 23 · Secured mortgages and notes payable

    beginning of year $234,249

  • 27 · Net assets without donor restrictions

    beginning of year -$1,782,181 · end of year -$972,711

Mission and programs · 2024

Mission

AAPA IS A MEMBERSHIP ASSOCIATION DEDICATED TO ADDRESSING THE COMMON INTERESTS AND GOALS OF PORTS WITH RESPECT TO OPERATIONS, MANAGEMENT, ECONOMICS, AND INTERACTION WITH REGULATORY AGENCIES IN THE UNITED STATES, CANADA, THE CARIBBEAN, CENTRAL, AND SOUTH AMERICA.

Activities or mission (Part I)

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.

  • MEMBER SERVICES - THE ASSOCIATION PERFORMS VARIOUS MEMBER SERVICES ACTIVITIES INCLUDING THE FOLLOWING: SEMINARS AND SPRING CONFERENCE: THE ASSOCIATION PERFORMS 10-12 MARITIME INDUSTRY TRAINING PROGRAMS EACH YEAR INCLUDING SUCH TOPICS AS SHIFTING TRADE, PUBLIC RELATIONS, SMART PORTS AND CAPITAL PROJECTS.PROFESSIONAL PORT MANAGER ("PPM") PROGRAM: THE PPM IS AN UNPARALLELED INDUSTRY CREDENTIAL DESIGNED TO SHAPE THE FUTURE OF PORT LEADERSHIP AND ENHANCE PORT MANAGEMENT PROFESSIONALISM. THE INDUSTRY RECOGNIZED PORT CERTIFICATE WILL HELP ENHANCE THE CAREERS OF LOW TO MID LEVEL PORT EMPLOYEES/MARITIME PROFESSIONALS AS WELL AS THOSE NEW TO THE INDUSTRY.TOOLKIT: THE ASSOCIATION HAS SIGNED A COOPERATION AGREEMENT WITH THE U.S. MARITIME ADMINISTRATION TO WORK TOGETHER ON A PORT PLANNING AND INVESTMENT TOOLKIT. THE GOAL OF THIS PROJECT IS TO DEVELOP TOOLS THAT WILL ASSIST PORTS IN OBTAINING FUNDING IN A VARIETY OF WAYS: (1) IMPROVE THE CHANCES OF GETTING PORT INFRASTRUCTURE PROJECTS IN MPO AND STATE TRANSPORTATION PLANS IN ORDER TO RECEIVE FORMULA FUNDING; (2) BETTER POSITION PORT PROJECTS FOR FEDERAL FUNDING SUCH AS BILLED GRANTS; AND (3) ASSIST PORTS IN OBTAINING PRIVATE SECTOR FUNDING.

  • ADVOCACY - THE ASSOCIATION INFLUENCES PUBLIC POLICY AS THE PORTS' RECOGNIZED VOICE IN WASHINGTON. THE ASSOCIATION'S HIGHEST PRIORITY IS THE ADVANCEMENT OF PORT AND FREIGHT TRANSPORTATION POLICIES THAT SUPPORT THE MEMBERSHIP'S ROLE IN DELIVERING ECONOMIC PROSPERITY. THE ASSOCIATION AND ITS MEMBERSHIP HAVE ALSO EMBARKED ON A STRATEGIC AWARENESS INITIATIVE CALLED SEAPORTS DELIVER PROSPERITY, TO GARNER ADDITIONAL SUPPORT FOR SEAPORTS AND INDUSTRY ISSUES BY HEIGHTENING THE AWARENESS OF THE CRITICAL IMPORTANCE OF PORTS.

  • CONVENTION - THE CONVENTION AND EXPO IS THE ASSOCIATION'S LARGEST MEMBERSHIP MEETING OF THE YEAR. HELD EVERY FALL IN A DIFFERENT CITY, THE CONVENTION INCLUDES TECHNICAL AND POLICY COMMITTEE MEETINGS, BUSINESS SESSIONS AND SOCIAL EVENTS ALLOWING PORT PROFESSIONALS AND STAKEHOLDERS IN THE MARINE TRANSPORTATION INDUSTRY TO EXCHANGE VIEWS AND EXPAND BUSINESS CONTACTS.

  • LATIN AMERICAN LIAISON - THE LATIN AMERICAN LIAISON REPRESENTS THE ASSOCIATION'S EXISTING LATIN AMERICAN MEMBERSHIP AND WORKS TO EXPAND THE ASSOCIATION'S REACH THROUGH LATIN AMERICA.

  • ACCELERATE - THE ACCELERATE IS A PROGRAM DESIGNED FOR EMPLOYERS, INCLUDING PORTS, TO UPSKILL, RESKILL AND EDUCATE THEIR EMPLOYEES TO FILL CRITICAL ROLES IN THE SUPPLY CHAIN THROUGH THE APPRENTICESHIP MODEL. THE GRANT IS USED FOR THE BUILDING AND EXPANSION OF APPRENTICESHIP PROGRAMS WITHIN THE TRANSPORTATION AND MARITIME INDUSTRY. THE FOCUS OF THE GRANT IS TO EXPAND SECTOR-BASED APPRENTICESHIP PROGRAMS FOR MIDDLE-TO HIGH-SKILL JOBS TO BRING NEW ENTRANTS INTO THE WORKFORCE AND "UPSKILL" CURRENT INCUMBENTS. THIS WILL BE DONE BY CREATING OR BUILDING ON EXISTING APPRENTICESHIP PROGRAMS IN TRANSPORTATION, CYBERSECURITY, TECHNOLOGY AND ADVANCED MANUFACTURING.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • PAUL ANDERSON

    CHAIR UNTIL OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • CHETT CHIASSON VICE CHAIR

    UNTIL OCT. 2024, THEN CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RICHARD HENDRICK BOARD MEMBER

    UNTIL OCT. 2024, THEN VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SEAN HANRAHAN

    BOARD MEMBER UNTIL OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • DEB DELUCA

    BOARD MEMBER UNTIL OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • DANNY WAN

    BOARD MEMBER UNTIL OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • GRIFF LYNCH

    BOARD MEMBER UNTIL OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • LISA LEFEBER

    BOARD MEMBER UNTIL OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • HYDI WEBB

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAUL MATTHEWS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KRISTINE ZORTMAN

    BOARD MEMBER AS OF OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • STEVE RIBUFFO

    BOARD MEMBER AS OF OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • PHYLLIS SAATHOFF

    BOARD MEMBER AS OF OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • BETH ANN BRANCH

    BOARD MEMBER AS OF OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN EDWARDS

    BOARD MEMBER AS OF OCT. 2024

    Total calculated
    $0
    Hours/week
    1

  • JULIANNA MARLER

    BOARD MEMBER AS OF NOV. 2024

    Total calculated
    $0
    Hours/week
    1

  • CARY DAVIS LEIZEROWSKI

    SEC. PRESIDENT & CEO

    Total calculated
    $453,916
    From this org
    $397,500
    From related orgs
    $0
    Other
    $56,416
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $348,000
    Bonus
    $49,500
    Other
    $0
    Deferred
    $47,631
    Nontaxable benefits
    $8,785
    Filer's total
    $453,916

  • CHARISSA MEIKLE TREASURER

    VP OF FINANCE & ADMINISTRATION

    Total calculated
    $230,435
    From this org
    $186,008
    From related orgs
    $0
    Other
    $44,427
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,528
    Bonus
    $11,480
    Other
    $0
    Deferred
    $26,543
    Nontaxable benefits
    $17,884
    Filer's total
    $230,435

  • KEVIN J TRAVER

    VP OF BUSINESS DEVELOPMENT

    Total calculated
    $202,705
    From this org
    $156,652
    From related orgs
    $0
    Other
    $46,053
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,932
    Bonus
    $12,720
    Other
    $0
    Deferred
    $21,059
    Nontaxable benefits
    $24,994
    Filer's total
    $202,705

  • SARAH MELODIE GEORGE SENIOR

    DIRECTOR OF STRATEGIC COMMUNICATIONS

    Total calculated
    $153,467
    From this org
    $132,515
    From related orgs
    $0
    Other
    $20,952
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,515
    Bonus
    $0
    Other
    $0
    Deferred
    $19,013
    Nontaxable benefits
    $1,939
    Filer's total
    $153,467

  • JOHN BRESSLER

    VP OF GOVERNMENT RELATIONS

    Total calculated
    $237,379
    From this org
    $208,075
    From related orgs
    $0
    Other
    $29,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,075
    Bonus
    $0
    Other
    $0
    Deferred
    $29,304
    Nontaxable benefits
    $0
    Filer's total
    $237,379

  • SHANNON MCLEOD

    VP OF MEMBERS SERVICES

    Total calculated
    $209,096
    From this org
    $163,918
    From related orgs
    $0
    Other
    $45,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,918
    Bonus
    $0
    Other
    $0
    Deferred
    $22,962
    Nontaxable benefits
    $22,216
    Filer's total
    $209,096

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202612339349300916

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