American Amusement Machine Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363115424 ✦ Cary, IL ✦ Designated as a 501(c)(6)

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Overview

What is American Amusement Machine Association?

The American Amusement Machine Association, situated in Cary, Illinois, serves as a membership organization for manufacturers, distributors, and parts suppliers of coin-operated amusement machines. With a team of staff and volunteer members, they actively develop programs to promote and safeguard the amusement machine industry. To achieve this, they conduct multiple trade shows and conferences, serving as a platform for communication and collaboration within the industry. With a workforce of seven individuals, the association plays a significant role in fostering connections and fostering growth within the coin-operated amusement machine sector.


Official website here: www.coin-op.org

Is American Amusement Machine Association legitimate?

American Amusement Machine Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Amusement Machine Association 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: $143,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,038

For more financial information, click here


Official website here: www.coin-op.org

What is the mission statement of American Amusement Machine Association?

The American Amusement Machine Association serves as a membership organization, representing manufacturers, distributors, and parts suppliers of coin-operated amusement machines. In collaboration with volunteer members and staff, the association develops programs aimed at promoting and safeguarding the amusement machine industry. Their mission is to foster a thriving industry by providing a platform for communication between industry stakeholders. To achieve this, the association hosts multiple trade shows and conferences, serving as a valuable networking opportunity for industry participants.


Official website here: www.coin-op.org

Who is the CEO of American Amusement Machine Association?

Peter Gustafson is the President of American Amusement Machine Association.


Official website here: www.coin-op.org

What is the revenue of American Amusement Machine Association?

American Amusement Machine Association's revenue in 2023 was $806,733.


Official website here: www.coin-op.org

Who are the executives of American Amusement Machine Association and what are their salaries?

The average compensation at American Amusement Machine Association during 2023 was $45,373. There are 7 employees and 25 volunteers at American Amusement Machine Association.


Here are 18 key members and their salaries:


Jeff Blair (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Camarota (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Hampton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Durst (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Mcauliffe (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Marshall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Van Natta (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Weisberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Standlee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Cosentino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Bacorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bennington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Rinker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Babich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Gustafson (Executive Vice President)
  • Compensation: $143,576
  • Related: $0
  • Other: $31,253


Official website here: www.coin-op.org

Where can I find the form 990 for American Amusement Machine Association?

American Amusement Machine Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.coin-op.org

Learn more at the official website: www.coin-op.org

Mission Statement of American Amusement Machine Association

The American Amusement Machine Association, serving as a membership organization, represents manufacturers, distributors, and parts suppliers of coin-operated amusement machines. This collective body, comprising both staff and volunteer members, works diligently to develop programs aimed at promoting and safeguarding the amusement machine industry. Their mission is multifaceted, involving the creation and implementation of initiatives that foster growth and protection within the sector.

The Association actively engages in numerous activities to achieve its objectives. One of its primary strategies is hosting a variety of trade shows and conferences. These events serve as a platform for open communication and collaboration between manufacturers, distributors, and suppliers of coin-operated amusement machines. By providing a setting for the exchange of ideas and resources, the Association strives to strengthen the industry and ensure its long-term success.

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Impact




October, 2024

The American Amusement Machine Association (AAMA) plays a crucial role in shaping and supporting the amusement machine industry by serving as a vital communication hub for manufacturers, distributors, and parts suppliers of coin-operated machines. By hosting multiple trade shows and conferences, AAMA facilitates networking and knowledge-sharing, allowing industry stakeholders to collaborate, innovate, and stay informed about market trends and technological advancements.

This organization actively promotes and protects the interests of its members, advocating for policies that support fair business practices and addressing challenges that may affect the industry's growth. Through its programs and initiatives, AAMA enhances community engagement and improves the overall landscape of the amusement machine sector, ensuring that it remains vibrant and competitive.

Moreover, AAMA's efforts contribute to the development of best practices within the industry, fostering a culture of excellence among its members. This, in turn, helps to sustain jobs, stimulate local economies, and enhance the entertainment experience for consumers. In essence, AAMA's impact is felt not just within the industry, but also in the communities that rely on the economic activity generated by coin-operated amusement machines.




This information is meant to be a general summary of American Amusement Machine Association. 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.

Revenue
$806,733 (2023)
Expenses
$747,518 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $194,334
  • Program Service Revenue: $562,760
  • Gross Receipts: $1,397,106

Assets and Liabilities:

  • Total Assets: $2,495,471
  • Total Liabilities: $230,054
  • Net Assets: $2,265,417

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL EXPO

Revenue

$327,096

MEMBERSHIP DUES

Revenue

$148,085

ANNUAL MEETING

Revenue

$47,534

LTS BOOTH PROCEEDS

Revenue

$35,045

ASIAN AMUSEMENT EXPO

Revenue

$5,000

Organization Details

Founding Year

1981

Principal Officer

Peter Gustafson

Main Address

180 DETROIT STREET STE B, CARY, IL, 60013

NTEE Category

Code: S41 - Community improvement

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