Texas Association Of Defense Counsel is located in Austin, TX. The organization was established in 2005. 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, Texas Association Of Defense Counsel employed 2 individuals. This organization is the central organization for a national or regional group of organizations. Texas Association Of Defense Counsel 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, Texas Association Of Defense Counsel generated $625.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $717.3k during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 7 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
TO PROMOTE EDUCATION, DEVELOPMENT AND IMPROVEMENT OF THE CIVIL TRIAL ATTORNEY PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE EDUCATION, DEVELOPMENT AND IMPROVEMENT OF THE CIVIL TRIAL ATTORNEY PROFESSION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby L Walden Executive Di | Officer | 40 | $149,042 |
R Douglas Rees President | OfficerTrustee | $0 | |
Gayla Corley President, E | OfficerTrustee | $0 | |
Michael J Shipman Exec. Vice P | OfficerTrustee | $0 | |
Darin L Brooks Treasurer | OfficerTrustee | $0 | |
Sofia A Ramon Secretary | OfficerTrustee | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $378,375 |
| 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 | $378,375 |
| Total Program Service Revenue | $315,450 |
| Investment income | -$68,918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $625,037 |
| 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. | $149,042 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,375 |
| Pension plan accruals and contributions | $19,113 |
| Other employee benefits | $13,299 |
| Payroll taxes | $4,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,813 |
| Advertising and promotion | $0 |
| Office expenses | $63,288 |
| Information technology | $9,704 |
| Royalties | $0 |
| Occupancy | $79,652 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $234,315 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,582 |
| All other expenses | $0 |
| Total functional expenses | $717,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,118 |
| Savings and temporary cash investments | $247,410 |
| 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 | $13,695 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,062 |
| Total assets | $481,285 |
| Accounts payable and accrued expenses | $43,488 |
| Grants payable | $0 |
| Deferred revenue | $241,640 |
| 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 | $8,169 |
| Total liabilities | $293,297 |
| Net assets without donor restrictions | $187,988 |
| 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 | $481,285 |