American Collectors Association Of Texas
- Assets
- $82.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tyler, TX
- Founding
- 11/1948
- Data as of
- 12/2022
- EIN
- 75-6038174
Organization Overview
American Collectors Association Of Texas is located in Tyler, TX. The organization was established in 1948. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Collectors Association Of Texas 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, American Collectors Association Of Texas generated $128.8k 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 (4.1%) each year. All expenses for the organization totaled $158.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ACA OF TEXAS/SWCA, AS A TRADE ASSOCIATION PROVIDES THREE MAJOR BENEFITS TO ITS MEMBERS; EDUCATION THROUGH WEBINARS AND AN ANNUAL CONFERENCE (2020 AND 2021 CONFERENCES WERE CANCELLED DUE TO COVID CONCERNS), THE ASSOCIATION ALSO PUBLISHES A QUARTERLY MAGAZINE FOR ITS MEMBERS AND A NUMBER OF OTHER PERSONS/ENTITIES WHO ARE IN THE DEBT COLLECTION INDUSTRY OR PROVIDERS OF SERVICES AND GOODS TO THE INDUSTRY (DISTRIBUTION IS ELECTRONIC AND THERE ARE +/- 500 RECIPIENTS), AND, FINALLY, ACATX, AS A TRADE ASSOCIATION, EDUCATES AND INFORMS ITS MEMBERS REGARDING LEGISLATIVE AND REGULATORY ACTIONS/BILLS/REGULATIONS/ETC. THAT IMPACT OUR INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Pitchford Director | 0.25 | $0 | |
Christopher Gay Director | 0.25 | $0 | |
Gary Perdue Director | 0.25 | $0 | |
Daniel Smith Director | 0.25 | $0 | |
Carrie Finney Delegate | 0.25 | $0 | |
Phillip Smith Delegate | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,312 |
| Membership dues | $101,791 |
| Investment income | $722 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,825 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $87,390 |
| Professional fees and other payments to independent contractors | $1,013 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,736 |
| Total expenses | $158,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,876 |
| Other assets | $0 |
| Total assets | $82,204 |
| Total liabilities | $5,025 |
| Net assets or fund balances | $77,179 |