Arkansas Transit Association Inc

Organization Overview

Arkansas Transit Association Inc is located in North Little Rock, AR. The organization was established in 1983. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2020, Arkansas Transit Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Transit Association Inc 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 12/2020, Arkansas Transit Association Inc generated $770.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $712.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ARKANSAS TRANSIT ASSOCIATON, INC. (ATA) (THE ASSOCIATION) IS A NON-PROFIT TAX-EXEMPT ARKANSAS CORPORATION ESTABLISHED IN MAY 1980 TO ASSIST IN THE DEVELOPMENT OF TRANSPORTATION IN RURAL AND SMALL URBAN AREAS, USING URBANIZED AND NON-URBANIZED TRANSIT SYSTEMS IN ARKANSAS. BASIC PROGRAMS INCLUDE THE DEVELOPMENT AND DUPLICATION OF TRAINING MATERIALS AND CERTIFICATION PROGRAMS FOR TRANSIT OPERATORS. ATA RECEIVES THE MAJORITY OF FUNDING FOR ITS OPERATIONS FROM FEDERAL GRANTS UNDER CHAPTER 53, TITLE 49, IN THE UNITED STATES CODE ENACTED BY PUBLIC LAW 105-178 IN JUNE 1998. ADDITIONAL OPERATING FUNDS ARE RECEIVED FROM AN ARKANSAS DEPARTMENT OF TRANSPORTATION STATE GRANT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSIST THE TRANSPORTATION INDUSTRY AND NON-PROFITS IN THE STATE OF ARKANSAS IN THE TRANSPORTATION REGULATIONS AND TRAINING FOR DRIVERS OF MEMBERS' ASSOCIATIONS AND SERVICE PROVIDERS. THE ASSOCIATION PROMOTES THE TRANSIT INDUSTRY, PROVIDES TESTING SERVICE OF DRIVERS FOR MEMBERS, PROVIDES TRAINING AND SAFETY PROGRAMS AND SERVICES TO THE PUBLIC AND NON-PROFIT ORGANIZATIONS RELATED TO THE TRANSPORTATION INDUSTRIES, BUSINESSES AND NON-PROFIT ENTITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Ann H Gilert
Executive Director
$152,058
Neil Wilkins
Vice President
$0
Adam Waddell
President
$0
Georganna Imhoff-Huddleston
Secretary/treasurer
$0
Jessie Jones
Ex-Officio
$0
Ken Savage
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$200
Fundraising events$0
Related organizations$0
Government grants $637,778
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$637,978
Total Program Service Revenue$133,069
Investment income $34,753
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$35,017
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $770,783

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