Natso
- Assets
- $3.7m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 19
- Location
- Alexandria, VA
- Founding
- 09/1967
- Data as of
- 12/2022
- EIN
- 52-0791433
Organization Overview
Natso is located in Alexandria, VA. The organization was established in 1967. 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. As of 12/2022, Natso employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Natso 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, Natso generated $4.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $4.8m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.TO ADVANCE THE SUCCESS OF TRUCKSTOP AND TRAVEL PLAZA MEMBERS BY DELIVERING SOLUTIONS TO MEMBERS' CHALLENGES AND ACHIEVING THE PUBLIC POLICY GOALS OF THE TRUCKSTOP AND TRAVEL PLAZA INDUSTRY. NATSO, INC. REPRESENTS MORE THAN 2,000 TRAVEL PLAZAS AND TRUCKSTOPS NATIONWIDE, OWNED BY OVER 220 CORPORATE ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY: WORKS TO ADVOCATE ON BEHALF OF THE TRAVEL PLAZA AND TRUCKSTOP INDUSTRY, MONITORING REGULATIONS AND LEGISLATION TO ASSESS THE EFFECT ON NATSO MEMBERS. ADVANCES THE INDUSTRY'S INTERESTS BY INFLUENCING GOVERNMENT ACTION AND PUBLIC OPINION ON HIGHWAY ISSUES SUCH AS COMMERCIALIZATION, TOLLING AND TRUCK PARKING AND REPRESENTS THE INDUSTRY ON ENVIRONMENTAL AND ENERGY ISSUES, PRIMARILY DIESEL FUEL.
KNOWLEDGE: PROVIDES ACCESS TO KNOWLEDGE RESOURCES TO HELP MEMBERS MAKE GOOD BUSINESS DECISIONS. DELIVERS THE LATEST CONTENT TO MEMBERS ON TRENDS AND NEWS AFFECTING THE INDUSTRY THROUGH IN PERSON AND DISTANCE LEARNING OPPORTUNITIES AND ITS ANNUAL CONVENTION.
MEMBERSHIP DUES OFFERS THREE TYPES OF MEMBERSHIP: TRUCKSTOP/TRAVEL PLAZA, TRUCKSTOP/TRAVEL PLAZA ASSOCIATE AND ALLIED. PROVIDES MEMBERS A VARIETY OF BENEFITS, SUCH AS DISCOUNTED CREDIT CARD PROCESSING, ACCESS TO NATSO'S PUBLICATIONS AND GOVERNMENT AFFAIRS REPRESENTATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Bulduc Chair | OfficerTrustee | 2 | $0 |
Delia Meier Past Chair | OfficerTrustee | 1 | $0 |
Jimmy Haslam Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jim Hays Chair-Elect | OfficerTrustee | 1 | $0 |
David Young Director | Trustee | 1 | $0 |
Ted Giles Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Washington Council Ernst & Young Llp Consulting | 12/30/22 | $180,000 |
Marcum Llp Accounting And Hr | 12/30/22 | $154,715 |
Story Partners Marketing Services | 12/30/22 | $136,016 |
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 | $4,799,710 |
| Investment income | $66,898 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$28,079 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,838,529 |
| 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. | $1,032,501 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,053,470 |
| Pension plan accruals and contributions | $52,533 |
| Other employee benefits | $313,333 |
| Payroll taxes | $151,238 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,500 |
| Fees for services: Accounting | $251,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,870 |
| Fees for services: Other | $206,873 |
| Advertising and promotion | $305,912 |
| Office expenses | $102,698 |
| Information technology | $233,899 |
| Royalties | $0 |
| Occupancy | $103,973 |
| Travel | $202,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $417,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,898 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,812,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,333 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $625,049 |
| 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 | $48,625 |
| Net Land, buildings, and equipment | $74,512 |
| Investments—publicly traded securities | $2,283,899 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $349,485 |
| Total assets | $3,679,903 |
| Accounts payable and accrued expenses | $385,812 |
| Grants payable | $0 |
| Deferred revenue | $967,017 |
| 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 | $357,827 |
| Total liabilities | $1,710,656 |
| Net assets without donor restrictions | $1,947,747 |
| Net assets with donor restrictions | $21,500 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,679,903 |