Equipment Dealers Foundation
- Assets
- $272.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 07/1990
- Data as of
- 06/2023
- EIN
- 43-1510142
Organization Overview
Equipment Dealers Foundation is located in Kansas City, MO. The organization was established in 1990. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equipment Dealers Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Equipment Dealers Foundation generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $45.0k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH AMERICAN EQUIPMENT DEALERS FOUNDATION IS ESTABLISHED AND SHALL BE OPERATED FOR PURPOSES OF: (1) PROVIDING MONETARY RELIEF TO INDIVIDUALS EQUIPMENT DEALERSHIP EMPLOYEES IMPACTED BY NATURAL DISASTERS OR OTHER SIMILAR CATASTROPHES; (2) PROVIDING SCHOLARSHIPS TO INDIVIDUALS PURSUING HIGHER EDUCATION RELATED TO THE EQUIPMENT INDUSTRY; (3) PROVIDE FUNDING FOR WORKFORCE DEVELOPMENT, EDUCATIONAL OPPORTUNITIES, INDUSTRY STUDIES AND OTHER ISSUES AFFECTING THE AGRICULTURAL, INDUSTRIAL, AND OUTDOOR POWER EQUIPMENT INDUSTRY.
Describe the Organization's Program Activity:
Part 3
GRANTS DESIGNED TO HELP OFFSET FINANCIAL DEMANDS FACED BY THOSE AFFECTED BY DISASTERS. APPLICATION AND ELIGIBILITY REQUIREMENTS ARE SET BY THE FOUNDATION.
SCHOLARSHIP GRANTS. APPLICATION AND ELIGIBILITY REQUIREMENTS ARE SET BY THE FOUNDATION
PROVIDE FUNDING FOR WORKFORCE DEVELOPMENT, EDUCATIONAL OPPORTUNITIES, INDUSTRY STUDIES AND OTHER ISSUES AFFECTING THE AGRICULTURAL, INDUSTRIAL, AND OUTDOOR POWER EQUIPMENT INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Noble Chair | 0 | $0 | |
Blaine Bingham Vice Chair | 0 | $0 | |
Brian Carpenter Board Member | 0 | $0 | |
John Fleet Board Member | 0 | $0 | |
Bob Frazee Board Member | 0 | $0 | |
Lester Killebrew Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,493 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,493 |
| 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 | $4,754 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,267 |
| Total expenses | $45,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $272,120 |
| Other assets | $0 |
| Total assets | $272,120 |
| Total liabilities | $2,147 |
| Net assets or fund balances | $269,973 |