Overview
What is American Arbitration Association Inc?
The American Arbitration Association (AAA) is a New York City-based nonprofit organization committed to providing effective, efficient, and economical methods for resolving disputes. Their mission is to promote education, technology, and solutions-oriented service, acting as a not-for-profit entity dedicated to the benefit and education of the public. The AAA's Education Services Division offers comprehensive training programs both domestically and internationally. The organization's bylaws state its purpose as the study, research, and establishment of procedures for resolving various types of disputes through arbitration, mediation, conciliation, negotiation, democratic elections, and other voluntary procedures.
Official website here: www.adr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The American Arbitration Association Inc has been rated at 81%, which translates to a Three-Star rating on Charity Navigator. This score reflects strong performance in accountability and finance, indicating that the organization is well-managed and transparent in its financial practices. The entire score is derived from a comprehensive accountability assessment, showcasing the charity's commitment to responsible management.
Key strengths include a high percentage of independent board members, with 94% being independent, and a robust program expense ratio of over 94%. These elements indicate effective governance and a strong focus on mission-related expenses. The organization also has sound policies in place, such as conflict of interest, whistleblower, and document retention policies, all of which contribute to its overall accountability.
While the organization performs well in these areas, the ratings primarily focus on financial and governance metrics without giving insight into programmatic outcomes or community impact. This limitation suggests that while the operational aspects are solid, potential donors may want to seek additional information regarding the effectiveness of its programs and their reach.
This AI summary has been generated from information found on Charity Navigator.
Is American Arbitration Association Inc legitimate?
American Arbitration Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Arbitration Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,205,052
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,029,626
For more financial information, click here
Official website here: www.adr.org
What is the mission statement of American Arbitration Association Inc?
The American Arbitration Association (AAA) is committed to providing effective, efficient, and economical methods for resolving disputes through various voluntary procedures, including arbitration, mediation, conciliation, negotiation, and democratic elections. As a not-for-profit organization, the AAA's mission is focused on education and service. Its Education Services Division offers comprehensive training programs both domestically and internationally. The AAA's mission is to benefit and educate the public and interested parties by establishing and administering procedures for resolving disputes of all kinds.
Official website here: www.adr.org
Who is the CEO of American Arbitration Association Inc?
Bridget Mccormack is the CEO of American Arbitration Association Inc The CEO's salary of American Arbitration Association Inc is $614,958 and their total compensation is $644,960.
Official website here: www.adr.org
What is the revenue of American Arbitration Association Inc?
American Arbitration Association Inc's revenue in 2023 was $139,578,615.
Official website here: www.adr.org
Who are the executives of American Arbitration Association Inc and what are their salaries?
The average compensation at American Arbitration Association Inc during 2023 was $91,976. There are 731 employees and 18 volunteers at American Arbitration Association Inc.
Here are 34 key members and their salaries (American Arbitration Association Inc's CEO's salary is $614,958 and their total compensation is $644,960):
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- Compensation: $614,958
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- Other: $30,002
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- Compensation: $769,829
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- Other: $14,026
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- Compensation: $121,521
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- Compensation: $1,494,839
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- Other: $47,685
- Compensation: $1,811,458
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- Other: $57,946
- Compensation: $864,702
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- Other: $39,314
- Compensation: $975,759
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- Other: $40,476
- Compensation: $826,584
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- Other: $10,904
- Compensation: $854,432
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- Other: $30,161
- Compensation: $650,049
- Related: $0
- Other: $19,262
- Compensation: $834,249
- Related: $0
- Other: $13,053
- Compensation: $624,424
- Related: $0
- Other: $19,813
- Compensation: $493,450
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- Other: $25,102
- Compensation: $300,714
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- Other: $25,166
- Compensation: $359,976
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- Other: $18,531
- Compensation: $293,842
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- Other: $11,376
- Compensation: $301,139
- Related: $0
- Other: $21,886
Official website here: www.adr.org
Where can I find the form 990 for American Arbitration Association Inc?
American Arbitration Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.adr.org
Learn more at the official website: www.adr.org
Mission Statement of American Arbitration Association Inc
The American Arbitration Association, or AAA, is a not-for-profit organization committed to beneficial and educational dispute resolution methods. The AAA's corporate purpose, as outlined in its bylaws, is to study, research, promote, establish, and administer procedures for the resolution of various disputes using arbitration, mediation, conciliation, negotiation, democratic elections, and other voluntary procedures. Dedicated to effective, efficient, and economical dispute resolution, the AAA employs education, technology, and solutions-oriented service. The AAA's mission, in essence, revolves around providing valuable services and knowledge to interested parties and the general public.
The American Arbitration Association's Education Services Division plays a significant role in this mission. This division offers comprehensive education and training programs both domestically and internationally. By delivering these services, the AAA aims to promote the understanding and application of dispute resolution techniques, ultimately contributing to the resolution of conflicts in a constructive manner. The AAA's commitment to education and the development of effective dispute resolution methods sets it apart as a leader in its field.
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Impact
October, 2024
The American Arbitration Association (AAA) plays a significant role in the landscape of dispute resolution in the United States and beyond. By promoting effective, efficient, and economical methods for resolving conflicts, the AAA influences how legal disputes are handled across various sectors, including business, labor, and family matters. Their dedication to education and the use of technology enhances the skills of practitioners and informs the public about alternative dispute resolution methods.
Through its extensive educational programs and training initiatives, the AAA equips mediators, arbitrators, and legal professionals with the tools and knowledge necessary to facilitate smoother dispute resolution processes. This emphasis on education not only promotes best practices in arbitration and mediation but also enhances public understanding of these processes, leading to wider acceptance and use of alternative dispute resolution.
The AAA’s commitment to developing and administering procedures for various types of disputes supports a culture of collaboration and problem-solving, which can alleviate the burden on traditional court systems. By providing a structured yet flexible framework for resolving disputes, the AAA essentially contributes to a more efficient legal environment.
Overall, the impact of the American Arbitration Association is seen in the promotion of fair and accessible dispute resolution methods, the enhancement of professional practices in the field, and the facilitation of a more effective legal landscape that benefits individuals and organizations alike.
This information is meant to be a general summary of American Arbitration Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,472,643
- Program Service Revenue: $134,011,601
- Gross Receipts: $212,985,383
Assets and Liabilities:
- Total Assets: $402,845,409
- Total Liabilities: $294,047,479
- Net Assets: $108,797,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISPUTE RESOLUTION REV.
Revenue
$132,926,687
SEMINAR REVENUE
Revenue
$847,058
PUBLICATION REVENUE
Revenue
$237,856
Organization Details
Founding Year
1926
Principal Officer
Bridget Mccormack
Website
www.adr.orgNTEE Category
Code: I510 - Crime
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