Transportation Safety Equipment Institute is located in Sherwood, OR. The organization was established in 1977. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transportation Safety Equipment Institute 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 12/2022, Transportation Safety Equipment Institute generated $65.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DEVELOPED COMMENTS TO DOT ORGANIZATIONS AND SHARED INFORMATION AMONG MEMBER COMPANIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Anderson President | 0.5 | $0 | |
Chris Gaudette Vice President | 0.1 | $0 | |
Josh Schafer Treasurer | 0.25 | $0 | |
Craig Watrous Director | 0.1 | $0 | |
Ed Stanuch Director | 0.1 | $0 | |
Paul Menig Executive Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,467 |
| Membership dues | $49,540 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $64,673 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $260 |
| Other expenses | $6,782 |
| Total expenses | $71,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,851 |
| Other assets | $0 |
| Total assets | $27,851 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,851 |