American Moving And Storage Association Inc
- Assets
- $0.0
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Alexandria, VA
- Founding
- 08/1939
- Data as of
- 12/2020
- EIN
- 53-0086290
Organization Overview
American Moving And Storage Association Inc is located in Alexandria, VA. The organization was established in 1939. 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 12/2020, American Moving And Storage Association Inc employed 14 individuals. American Moving And Storage Association 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 12/2020, American Moving And Storage Association Inc generated $2.6m 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 (7.3%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE KNOWLEDGE OF THE MOVING AND STORAGE INDUSTRY AND COMMUNICATE TO THE PUBLIC THE VALUE OF HIRING A PROFESSIONAL MOVER BASED UPON THE ENDORSEMENT OF THE PROMOVER BRAND. TO PROVIDE STRONG AND EFFECTIVE ADVOCACY FOR THE INDUSTRY AND THE CONSUMER UTILIZING MOVING AND STORAGE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS - THE ASSOCIATION ISSUES PUBLICATIONS INCLUDING DIRECTION, A BI-MONTHLY MAGAZINE THAT PROVIDES NEWS AND IN-DEPTH FEATURE ARTICLES TO PROVIDE MEMBERS WITH VITAL INFORMATION TO HELP OPERATE THEIR COMPANIES MORE PROFITABLY. IT ALSO PUBLISHES A PROFESSIONAL SOURCEBOOK ON AN ANNUAL BASIS AS AN ESSENTIAL MEMBER RESOURCE PROVIDING DETAILED CONTACT INFORMATION FOR ALL DOMESTIC AND INTERNATIONAL MOVERS, SUPPLIERS, AND ASSOCIATION BOARD AND COMMITTEE MEMBERS. INDUSTRY TRENDS, A QUARTERLY REPORT ON THE ECONOMICS OF THE U.S. MOVING AND STORAGE SECTOR, IS ALSO ISSUED BY THE ASSOCIATION TO PROVIDE AN OVERVIEW AND ANALYSIS OF BUSINESS ACTIVITIES WITHIN THE INDUSTRY, AS WELL AS RELATED HOUSING AND MIGRATION DEVELOPMENTS.
ANNUAL CONFERENCES - THE ASSOCIATION'S ANNUAL CONFERENCE PROVIDES LEARNING OPPORTUNITIES FOR ITS MEMBERS. EARLY EACH SPRING, THE EDUCATION CONFERENCE & EXPO INCLUDES A BROAD RANGE OF PRACTICAL SEMINARS AND IN-DEPTH SUMMITS FOR HUNDREDS OF ASSOCIATION MEMBERS FROM INDUSTRY SUPPLIERS AND MANAGERS TO SALESPEOPLE AND CEOS.
EDUCATION - PROVIDING PROFESSIONAL TRAINING AND CERTIFICATION IS A KEY MISSION OF THE ASSOCIATION IN SUPPORT OF THE INDUSTRY. THESE PROGRAMS HELP ENSURE MEMBERS ARE NOT ONLY WELL-QUALIFIED AND KNOWLEDGEABLE BUT ALSO CURRENT ON THE LATEST PRACTICES, SAFETY, TECHNOLOGY, AND REGULATIONS TO PROVIDE CUSTOMERS WITH THE BEST SERVICE POSSIBLE. THE ASSOCIATION OFFERS ONGOING PROFESSIONAL TRAINING AND SPECIALIZED STAFF DEVELOPMENT THROUGHOUT THE YEAR, AS WELL AS CERTIFICATION PROGRAMS FOR THOSE IN SPECIALIZED CAREER PATHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Michael President & CEO | Officer | 40 | $249,954 |
John Becker Interim President | Officer | 40 | $214,697 |
Jacquelyn Ganskopp Chief Financial Officer | Officer | 40 | $287,114 |
Samantha Ha Senior Director Of Members | Officer | 40 | $191,953 |
Bill Paxton Chair | OfficerTrustee | 1 | $0 |
Mark Kirschner Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| 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 | $10,000 |
| Total Program Service Revenue | $2,077,267 |
| Investment income | $18,265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $485,601 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,637,489 |
| 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. | $989,890 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $455,886 |
| Pension plan accruals and contributions | $22,894 |
| Other employee benefits | $7,571 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $117,756 |
| Fees for services: Accounting | $24,380 |
| Fees for services: Lobbying | $16,551 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,170 |
| Fees for services: Other | $33,853 |
| Advertising and promotion | $0 |
| Office expenses | $64,469 |
| Information technology | $77,041 |
| Royalties | $0 |
| Occupancy | $247,924 |
| Travel | $5,045 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $236,383 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,657 |
| Insurance | $8,746 |
| All other expenses | $82,204 |
| Total functional expenses | $2,610,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $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 | $0 |