General Aviation Manufacturers Association
Nonprofit profile at a glance
- EIN
- 520897278
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2023931500
- Rating confidence
- Limited
Reported finances
- Revenue
- $9,209,204
- Expenses
- $9,462,805
- Assets
- $15,293,383
- Liabilities
- $20,781
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
107 people listed
Executive titles in this filing
- PETER BUNCE (PRESIDENT & CEO, TREASURER)
Highest reported compensation
- PETER BUNCE (PRESIDENT & CEO, TREASURER): $1,010,567 total reported compensation
- PAUL FELDMAN (VP OF GOVT AFFAIRS): $604,617 total reported compensation
- WALTER DESROSIER (SECRETARY & VP OF ENGINEERING & MAINTENANCE): $463,330 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The general aviation manufacturers association (gama) exists to foster and advance the general welfare, safety, interests and activities of the global business and general aviation industry. This includes promoting a better understanding of general aviation manufacturing, maintenance, repair, and overhaul and the important role these industry segments play in economic growth and opportunity, and in serving the critical transportation needs of communities, companies and individuals worldwide.
What it reported doing in 2024
Govermnment relations - promotes general aviation policy objectives through legislative and advocacy efforts. The association regularly meets with legislators to promote the economic contributions and societal benefits of general aviation, and to advocate policies that benefit manufacturing jobs and industry competitiveness. The association also conducts advocacy efforts that highlight the contributions of its member companies and their workforces in key states and localities. Finally, the association serves as a resource to the legislators for technical regulatory assistance with the goal of ensuring that pending legislation promotes safety and yields effective and efficient oversight by relevant safety agencies.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program 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: 50
- Accountability: 90
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 98%; rating input score 98; 27th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.8%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.62; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 37.6%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.2% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 98 of 100 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $7M in reported program spending
- Leadership: top reported pay $1M · 107 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes foreign activity and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Operating margin scored 25/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Officer compensation ratio scored 3/100.