American Assn of Port Authorities Inc
Nonprofit profile at a glance
- EIN
- 530193338
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 7036845700
- Rating confidence
- Limited
Reported finances
- Revenue
- $8,284,357
- Expenses
- $7,471,514
- Assets
- $2,550,917
- Liabilities
- $3,523,628
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- CARY DAVIS LEIZEROWSKI (SEC. PRESIDENT & CEO)
Highest reported compensation
- CARY DAVIS LEIZEROWSKI (SEC. PRESIDENT & CEO): $453,916 total reported compensation
- JOHN BRESSLER (VP OF GOVERNMENT RELATIONS): $237,379 total reported compensation
- CHARISSA MEIKLE TREASURER (VP OF FINANCE & ADMINISTRATION): $230,435 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Other-operating. 81% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 70
- Accountability: 72
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.4%; rating input score 99; 38th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.8%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 1.38; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 19.9%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 14.8% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 10 board members independent · 3 of 9 filing controls reported
- Programs: 5 filed program accomplishments
- Leadership: top reported pay $454K · 22 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $4.9M reported
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 11 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 12/100.