Industry Advisory Board is located in College Station, TX. The organization was established in 1993. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Industry Advisory Board 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 12/2023, Industry Advisory Board generated $15.6k 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 (22.0%) each year. All expenses for the organization totaled $40.8k during the year ending 12/2023. 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 Program Activity:
Part 3
THE INDUSTRY ADVISORY BOARD'S PRIMARY EXEMPT PURPOSE IS TO ACT AS AN ADVISORY GROUP TO THE AMERICAN ASSOCIATION OF MOTOR VEHICLE ADMINISTRATION (AAMVA).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quinn Cheney President | 0 | $0 | |
Kathryn Trimmer-Westcott Vice Preside | 0 | $0 | |
Tim Klabunde Past-Preside | 0 | $0 | |
Katie James Treasurer | 0 | $0 | |
Corrie Warnecke Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,648 |
| 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 | $994 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,115 |
| Total expenses | $40,761 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,063 |
| Other assets | $0 |
| Total assets | $128,063 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,063 |