Partnership For Transportation Innovation And Opportunity
- Assets
- $209.4k
- Revenue
- $296.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-5512690
Organization Overview
Partnership For Transportation Innovation And Opportunity, operating under the name Partnership for Transportation Innovation and Opportunity (PTIO), is located in Washington, DC. The organization was established in 2019. 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. Partnership for Transportation Innovation and Opportunity (PTIO) 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, Partnership for Transportation Innovation and Opportunity (PTIO) generated $296.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $154.2k during the year ending 12/2022. 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
THE MISSION OF PTIO IS TO ENGAGE INTERESTED COMMUNITIES, POLICYMAKERS, AND OTHER STAKEHOLDERS TO PROVIDE A FORUM FOR THOUGHTFUL DISCUSSION ON THE BENEFITS AND CHALLENGES POSED BY AUTONOMOUS VEHICLES AND RELATED TECHNOLOGIES, SPECIFIC TO THE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PTIO HELD A A VIRTUAL EVENT WITH IN CONJUNCTION WITH A LEADING AUTOMOTIVE TRADE ASSOCIATION TO EDUCATE INTERESTED STAKEHOLDERS ABOUT AUTONOMOUS VEHICLES AND THE WORKFORCE. THE EVENT WAS ATTENDED BY CONGRESSIONAL STAFF, FEDERAL GOVERNMENT STAFF, AND OTHER NON-GOVERNMENTAL STAKEHOLDERS SUCH AS REPRESENTATIVES FROM OTHER TRADE ASSOCIATIONS AND COMPANIES. THE EVENT FEATURED A PANEL DISCUSSION, WHICH WAS MODERATED BY THE EXECUTIVE DIRECTOR OF PTIO AND A REPRESENTATIVE FROM THE AUTOMOTIVE TRADE ASSOCIATION.
PTIO SERVED ON THE STAKEHOLDER ADVISORY BOARD FOR AN NSF-FUNDED STUDY ON AVS AND THE WORKFORCE. THE STUDY IS BEING CONDUCTED BY MICHIGAN STATE UNIVERSITY AND CLEMSON UNIVERSITY. ADVISORY BOARD MEMBERS PARTICIPATE IN SEVERAL MEETING SESSIONS PER YEAR WHERE THE RESEARCH TEAM PROVIDES UPDATES ON THE STUDY'S PROGRESS AND REQUESTS ADDITIONAL FEEDBACK.
PTIO PARTNERED WITH ANOTHER TRANSPORTATION NONPROFIT ORGANIZATION TO CONVENE A ROUNDTABLE DISCUSSION IN ANAHEIM, CALIFORNIA REGARDING AUTONOMOUS VEHICLES AND WORKFORCE DEVELOPMENT. THE ROUNDTABLE FEATURED PRESENTATIONS FROM INDUSTRY LEADERS, LABOR REPRESENTATIVES, AND ACADEMICS STUDYING THE TRANSITION TO AN AV FUTURE AND WHAT DEPLOYMENT OF THE TECHNOLOGY COULD MEAN FOR JOBS AND OCCUPATIONS. THE EVENT SUBSEQUENTLY FEATURED A MODERATED DISCUSSION AMONG ATTENDEES AROUND WORKFORCE DEVELOPMENT AND POLICY STRATEGIES THAT WILL PROMOTE ADOPTION OF THE TECHNOLOGY WHILE ENSURING WORKERS AND COMMUNITIES ARE SUPPORTED ALONGSIDE THE TRANSITION. ATTENDEES INCLUDED REPRESENTATIVES FROM COMPANIES, STATE GOVERNMENT AGENCIES, TRADE ASSOCIATIONS, ACADEMICS, AND OTHER INTERESTED STAKEHOLDERS.
PTIO RELEASED ITS FIRST POLICY AGENDA, WHICH OUTLINED A SUITE OF POLICY RECOMMENDATIONS FOR INTERESTED STAKEHOLDERS ACROSS GOVERNMENT, INDUSTRY, ACADEMIA, AND OTHERS TO CONSIDER AS THEY COLLECTIVELY STRIVE TO PREPARE THE WORKFORCE FOR AUTONOMOUS VEHICLE TECHNOLOGY. THE POLICY AGENDA INCLUDES POLICY PROPOSALS THAT WOULD BUILD CAPACITY IN THE WORKFORCE DEVELOPMENT SYSTEM, REFORM LABOR MARKET DATA INFRASTRUCTURE, AND INVEST IN WORKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Messana Director | Trustee | 1 | $0 |
Samantha Smith Director | Trustee | 1 | $0 |
Nicholas Geale Director | Trustee | 1 | $0 |
Andre Welch Director | Trustee | 1 | $0 |
Jay Lim Director | Trustee | 1 | $0 |
Michael Hayes Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $295,000 |
| 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 | $295,000 |
| Total Program Service Revenue | $1,000 |
| Investment income | $0 |
| 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 | $296,000 |
| 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 | $147,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $3,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $274 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,084 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,801 |
| All other expenses | $0 |
| Total functional expenses | $154,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,384 |
| Savings and temporary cash investments | $0 |
| 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 | $209,384 |
| 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 | $209,384 |
| 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 | $209,384 |