TY 2020 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) Jennifer Maples......................................................................
Immediate Past President and AAAE Director

2
.................
0

(2) Welton Trang CM......................................................................
Director

1
.................
0

(3) Brett Godown CAE CM......................................................................
Director

1
.................
0

(4) Gladys Brown CAE CM......................................................................
Director

1
.................
0

(5) Alex Smith......................................................................
Director

1
.................
0

(6) Michael Hill......................................................................
Director

1
.................
0

(7) David Sperling......................................................................
Director

1
.................
0

(8) Michael Musca......................................................................
Director

1
.................

(9) Tai Jay Chen......................................................................
Director

1
.................

(10) Judy Ross......................................................................
President and AAAE Director

10
.................
0

(11) Jorge Rubio......................................................................
1st Vice President

10
.................
0

(12) Corinne Nystrom......................................................................
2nd Vice President

10
.................
0

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

Return Reference	Explanation
Schedule D, Part VI, Line 1d	Office Equipment and Audio Visual

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

Southwest Chapter American Airport Executives

Employer identification number

95-6095566

Return Reference	Explanation
Form 990, Part VI, Section A, Line 3	The organization retains the services of a management company to handle the general operations of the business.
Form 990, Part VI, Section A, Line 6	The association has members who make up the membership group that are employed in the aviation industry. Students in the field of aviation are also members.
Form 990, Part VI, Section A, Line 7a	Only full and sustaining members may vote and hold office in the association.
Form 990, Part VI, Section B, Line 11b	A delegated committee will review and approve SWAAAE's Form 990 "Return of Organization Exempt from Income Tax; and supplemental schedules yearly before they are submitted to the IRS. The findings and approval relative to the review will be reported to the Board of Directors prior to the fall board meeting. In all cases, each Director, and any reviewing committee, if any, and the Board of Directors, will record the results of the review, comments made, and the final form 990 in the minutes of the meeting in which the review took place.
Form 990, Part VI, Section B, Line 12c	SWAAAE makes it a regular practice to take time at a board meeting at least once a year to discuss the types of hypothetical situations that could result in a conflict of interest, and then discuss how the Board would manage that potential conflict, role-playing, so that when a real conflict arises the Board will be ready to manage it with more ease. Minutes of board meetings reflect when a board member discloses that she has a conflict of interest and how the conflict was managed, such as that there was a discussion on the matter without the board member in the room, and that a vote was taken but that the "interested" board member abstained.
Form 990, Part VI, Section B, Line 15	The governing body reviews the contracts from the management company bi-annually and uses comparability data in determining the fee for services for the management company based on the scope of the work performed.
Form 990, Part VI, Section C, Line 19	The financial statements, governing documents, and conflict of interest policy is available on the SWAAAE website.
Form 990, Part IX, Line 24e	National Association Sponsorships and Approved Programs Awards and Stipends Scholarship Programs AAAE Sponsorships $13,500 Awards and Scholarship Program $4,066 Programs $500

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

Additional Data

Software ID:	20012124
Software Version:	v1.00

1	Briefly describe the organization’s mission or most significant activities: To advance excellence in airport management through communication, professional development, and advocacy while serving our members through partnership, mentorship, and innovation.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	13
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	13
5	Total number of individuals employed in calendar year 2020 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	50
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	46,029	0
9	Program service revenue (Part VIII, line 2g) .........	357,701	107,267
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	743	1,649
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	404,473	108,916
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)		0
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	364,802	85,550
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	364,802	85,550
19	Revenue less expenses. Subtract line 18 from line 12.......	39,671	23,366
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	227,237	326,599
21	Total liabilities (Part X, line 26).............	34,986	110,982
22	Net assets or fund balances. Subtract line 21 from line 20.....	192,251	215,617

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 4,066 including grants of $ ) (Revenue $ )
	Scholarships - Granted to college students in the field of aviation and working professionals. Awards - For members providing outstanding service in the field of aviation. Stipends - To pay members $500 as a reimbursement to receive accreditation as an airport executive.

4b	(Code: ) (Expenses $ 5,229 including grants of $ ) (Revenue $ 35,830 )
	Aviation Conferences - Exhibits and conference meetings that focus on aviation issues and airport management

4c	(Code: ) (Expenses $ 500 including grants of $ ) (Revenue $ )
	Board Approved Programs

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
4e	Total program service expenses9,795

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		0

		Business Code
2a	Membership Income	813910	43,837	43,837	0	0
b	Winter Conference	813910	35,730	35,730	0	0
c	Accreditation Workshop	813910	2,600	2,600	0	0
d	Scholarship Fund	813910	25,000	25,000	0	0
e	Summer Conference	813910	100	100	0	0
f	All other program service revenue.		0	0	0	0
g	Total. Add lines 2a–2f .....		107,267

3 Investment income (including dividends, interest, and othersimilar amounts) ......			1,649	1,649	0	0
4 Income from investment of tax-exempt bond proceeds			0	0	0	0
5 Royalties...........			0	0	0	0
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)	0	0	6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)	0	0	7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See instructions.....			108,916	108,916	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......	49,640
b	Legal .........
c	Accounting ...........	760
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......	3,661
14	Information technology ......	3,297
15	Royalties ..
16	Occupancy ...........
17	Travel ............	514
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	6,708
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	982
23	Insurance ...	1,922
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
b
c
d
e	All other expenses	18,066
25	Total functional expenses. Add lines 1 through 24e	85,550	0	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			25,413	1	98,431
2	Savings and temporary cash investments .........			197,870	2	224,518
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			2,972	9	3,650
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	17,052
b	Less: accumulated depreciation	10b	17,052	982	10c	0
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			227,237	16	326,599

17	Accounts payable and accrued expenses .....	9,284	17	1,682
18	Grants payable ...		18
19	Deferred revenue .........	25,702	19	109,300
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	0	25
26	Total liabilities. Add lines 17 through 25..	34,986	26	110,982

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	192,251	31	215,617
32	Total net assets or fund balances ...........	192,251	32	215,617
33	Total liabilities and net assets/fund balances ........	227,237	33	326,599

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	0	0
b	Buildings ....	0	0	0
c	Leasehold improvements	0	0	0
d	Equipment ....	17,052	0	17,052
e	Other .....	0	0	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)