Southwest Association Of Rail Shippers
- Assets
- $838.7k
- Revenue
- $680.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 76-0131531
Organization Overview
Southwest Association Of Rail Shippers is located in Spring, TX. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Association Of Rail Shippers 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 12/2021, Southwest Association Of Rail Shippers generated $680.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $580.4k during the year ending 12/2021. While expenses have increased by 8.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SWARS IS A PROFESSIONAL EDUCATIONAL ASSOCIATION. IN 2021 THE ANNUAL MEETING WAS HELD MARCH 10-11TH IN SAN ANTONIO TX WITH 272 REGISTRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR 2021 ANNUAL MEETING HELD IN SAN ANTONIO TX ON 03/10-11TH WAS ATTENDED BY 272 RAIL SHIPPERS, RAILROAD EMPLOYEES, RAIL VENDORS, 3RD PARTY COMPANIES AND OTHERS. THE THEME OF THE MEETING WAS ON TRACK TO RECOVERY. WE HAD 56 NEW ATTENDEES AT THE SAN ANTONIO CONFERENCE. OUR GEORGE J ELKING SCHOLARSHIP GOLF OUTING WAS ATTENDED BY 183 GOLFERS. PROCEEDS FROM THE OUTING WERE 12,212 AND USED TO SUPPORT OUR 2021 SCHOLARSHIP PROGRAM
OUR 2021 SEMI ANNUAL MEETING WHICH WAS HELD IN FT WORTH TX ON SEPT 29-30TH WAS ATTENDED BY 598 REGISTRANTS. THE CONFERENCE WAS ATTENDED BY RAIL SHIPPERS, RAILROAD EMPLOYEES, RAIL VENDORS, 3RD PARTY COMPANIES AND OTHERS. THE THEME OF THE CONFERENCE WAS REINVENTING NORMAL. WE ALSO CONDUCTED AN EDUCATIONAL COURSE ENTITLED RK101 - INTRODUCTION TO RAILROAD OPERATIONS WITH 60 IN ATTENDANCE. WE HAD 172 NEW ATTENDEES AT THIS CONFERENCE. OUR GEORGE J ELKING SR GOLF OUTING WAS ATTENDED BY 215 GOLFERS. PROCEEDS FROM THE GOLF OUTING OF 38603 WILL BE USED TO SUPPORT THE 2022 SCHOLARSHIP PROGRAM
OUR 2021 GEORGE J ELKING SR SCHOLARSHIP PROGRAM AWARDED A TOTAL OF 61000 TO 31 STUDENTS. NET PROCEEDS FROM THE 2020 FALL GOLF OUTING - 17,244 AND OUR 2021 SPRING GOLF OUTING - 12,212, WERE USED AS A BASIS FOR OUR SCHOLARSHIP AWARDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Hufnagel President | Officer | 4 | $0 |
Dale Diulus Immediate Past President | Officer | 4 | $0 |
Bruce Mann Secretary | Officer | 4 | $0 |
Gail Molek Vice President | Officer | 4 | $0 |
Lory Whitley Treasurer | Officer | 4 | $0 |
Jj Lund Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $678,448 |
| Investment income | $2,092 |
| 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 | $680,540 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $99,279 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,005 |
| Information technology | $2,462 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $388,109 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,766 |
| All other expenses | $0 |
| Total functional expenses | $580,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $386,354 |
| Savings and temporary cash investments | $452,357 |
| 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 | $838,711 |
| 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 | $838,711 |
| Total liabilities and net assets/fund balances | $838,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |