Allied Committee For The Truckingindustry Inc
- Assets
- $479.7k
- Revenue
- $910.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 20-5029296
Organization Overview
Allied Committee For The Truckingindustry Inc is located in Irving, TX. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allied Committee For The Truckingindustry 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, Allied Committee For The Truckingindustry Inc generated $910.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $913.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 years. 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
TO PROMOTE SALES AND ESTABLISH GOODWILL IN THE TRUCKING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACT 1 MEMBER COMPANIES ARE DEDICATED TO ENHANCING THE BUSINESS ENVIRONMENT OF THE TRANSPORTATION INDUSTRY. WE AFFORD TRANSPORTATION LEADERS THE OPPORTUNITY TO EXCHANGE IDEAS, FORGE NEW RELATIONSHIPS AND BUILD A STRONGER, MORE SUCCESSFUL INDUSTRY THROUGH NETWORKING AND SOCIAL EVENTS AT THE TOP NATIONAL INDUSTRY MEETINGS. ACT 1 IS ALSO EXCEPTIONALLY PROUD TO BE SPONSOR OF INDUSTRY AWARDS THAT CALL ATTENTION TO OUTSTANDING PERFORMANCE IN SAFETY, FINANCE AND OPERATIONS.
TRUCKING MOVES AMERICA FORWARD IS AN INDUSTRY (TRUCKING) WIDE EFFORT TO IMPROVE THE IMAGE OF THE TRUCKING INDUSTRY. TRUCKING MOVES AMERICA FORWARD BRINGS TOGETHER ALL SECTORS OF THE TRUCKING INDUSTRY, AND ALL THOSE THAT SERVE THE TRUCKING INDUSTRY. THIS FIVE YEAR CAMPAIGN WILL SPEND OVER $1 MILLION DOLLARS EACH YEAR TO ENGAGE POLICY MAKERS, INDUSTRY PROFESSIONALS, AND THE PUBLIC SO THEY CAN LEARN MORE ABOUT HOW TRUCKING CONTRIBUTES TO THE NATION'S ECONOMY, INFRASTRUCTURE, AND THE EVERYDAY LIVES OF ALL AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Schwanzl President | OfficerTrustee | 1 | $0 |
Rence Oliphant Vice President | OfficerTrustee | 1 | $0 |
Amy Boerger Immediate Past President | OfficerTrustee | 1 | $0 |
Steve Ponder Past President Emeritus | OfficerTrustee | 1 | $0 |
Todd Wilson Member | Trustee | 1 | $0 |
Paige Mcllmoil Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $910,001 |
| Investment income | $62 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $910,063 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $795,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $913,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,569 |
| Savings and temporary cash investments | $279,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $479,655 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $479,655 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $479,655 |
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