Automotive Lift Institute Inc
- Assets
- $2.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 9
- Location
- Cortland, NY
- Founding
- 11/1946
- Data as of
- 12/2021
- EIN
- 13-6162018
Organization Overview
Automotive Lift Institute Inc is located in Cortland, NY. The organization was established in 1946. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Automotive Lift Institute Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automotive Lift Institute Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Automotive Lift Institute Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE SAFE DESIGN, CONSTRUCTION, INSTALLATION, INSPECTION AND USE OF AUTOMOTIVE LIFT PRODUCTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE SAFE DESIGN, CONSTRUCTION, INSTALLATION, INSPECTION AND USE OF AUTOMOTIVE LIFT PRODUCTS.CREDENTIALED AS AN ACCREDITED NATIONALLY RECOGNIZED STANDARDS DEVELOPER AND AS AN ACCREDITED PRODUCT/SERVICES CERTIFICATION PROGRAM PROVIDER, ALI SPONSORS SEVERAL NATIONAL SAFETY STANDARDS AND OFFERS A THIRD-PARTY CERTIFICATION PROGRAM FOR AUTOMOTIVE LIFTS AND A THIRD-PARTY CERTIFICATION PROGRAM FOR AUTOMOTIVE LIFT INSPECTION SERVICES. MORE INFORMATION REGARDING STANDARDS AND OTHER ALI SPONSORED SAFETY ACTIVITIES CAN BE FOUND THROUGHOUT THE INSTITUTES WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert O'gorman | 40 | $229,630 | |
Jeff Kritzer Chairman | OfficerTrustee | 0 | $0 |
Stet Schanze Past Chairman | OfficerTrustee | 0 | $0 |
Doug Brown Director | Trustee | 0 | $0 |
Gary Diangelo Director | Trustee | 0 | $0 |
Buck Gasner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
| Total Program Service Revenue | $748,065 |
| Investment income | $14,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,297,466 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,100,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $271,835 |
| Compensation of current officers, directors, key employees. | $67,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $503,207 |
| Pension plan accruals and contributions | $7,670 |
| Other employee benefits | $131,465 |
| Payroll taxes | $50,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,853 |
| Fees for services: Accounting | $4,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,190 |
| Advertising and promotion | $94,142 |
| Office expenses | $22,036 |
| Information technology | $0 |
| Royalties | $187 |
| Occupancy | $164,632 |
| Travel | $24,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,827 |
| Insurance | $28,733 |
| All other expenses | $12,622 |
| Total functional expenses | $1,638,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,393 |
| Savings and temporary cash investments | $367,991 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $470,969 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $326,305 |
| Prepaid expenses and deferred charges | $215,300 |
| Net Land, buildings, and equipment | $345,071 |
| Investments—publicly traded securities | $514,747 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,448,776 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $272,226 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $93,072 |
| Total liabilities | $365,298 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,083,478 |
| Total liabilities and net assets/fund balances | $2,448,776 |
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