Itma Of Houston is located in Houston, TX. The organization was established in 1986. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Itma Of Houston 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, Itma Of Houston generated $64.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $83.9k during the year ending 12/2022. While expenses have increased by 8.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PAYMENTS TO VARIOUS UNIVERSITIES AND EDUCATION PROGRAMS TO PROVIDE FINANCIAL AID TO STUDENTS PURSUING A CAREER IN THE TRANSPORTATION INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Van Etten Golf Director | 8 | $0 | |
Ty Reasonover President | 6 | $0 | |
Sherry Berry Membership Dir | 5 | $0 | |
Ladonna Blackwell Comm Director | 10 | $0 | |
Loren Bruening Scholar Dir | 6 | $0 | |
Paul Hicks Program Dir. | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,406 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,200 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,900 |
| Other Revenue | $0 |
| Total Revenue | $64,530 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,822 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $284 |
| Other expenses | $13,893 |
| Total expenses | $83,899 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,314 |
| Other assets | $0 |
| Total assets | $192,314 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,314 |