Colorado Motor Carriers Association
- Assets
- $611.5k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Denver, CO
- Founding
- 12/1958
- Data as of
- 12/2023
- EIN
- 84-0173534
Organization Overview
Colorado Motor Carriers Association is located in Denver, CO. The organization was established in 1958. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Colorado Motor Carriers Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Motor Carriers Association 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 12/2023, Colorado Motor Carriers Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION WAS FORMED TO EDUCATE MEMBERS, PROVIDE SUPPORT AND BENEFITS TO MEMBERS, AND PROMOTE THE TRUCKING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION, SPECIAL EVENTS AND SAFETY PROGRAMS FOR APPROXIMATELY 650 ALLIED AND REGULAR MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory D Fulton President | Officer | 40 | $189,295 |
Patricia Gillette Vice Preside | Officer | 40 | $111,689 |
Walt Sanders Chair | OfficerTrustee | 1 | $0 |
Scott Hutchings First Vice C | OfficerTrustee | 1 | $0 |
Robyn Smith Second Vice | OfficerTrustee | 1 | $0 |
James Lee Third Vice C | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $466,929 |
| 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 | $466,929 |
| Total Program Service Revenue | $729,071 |
| Investment income | $1,281 |
| 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 | $66,343 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,289,730 |
| 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. | $363,918 |
| Compensation of current officers, directors, key employees. | $90,980 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,906 |
| Pension plan accruals and contributions | $8,207 |
| Other employee benefits | $20,587 |
| Payroll taxes | $36,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,493 |
| Fees for services: Accounting | $16,035 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $44,195 |
| Information technology | $1,014 |
| Royalties | $0 |
| Occupancy | $136,223 |
| Travel | $49,821 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $227,710 |
| Interest | $2,303 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,004 |
| Insurance | $16,345 |
| All other expenses | $20,880 |
| Total functional expenses | $1,432,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,682 |
| Savings and temporary cash investments | $84,449 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $219,149 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $95,022 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Land, buildings, and equipment | $61,219 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $611,521 |
| Accounts payable and accrued expenses | $166,847 |
| Grants payable | $0 |
| Deferred revenue | $23,000 |
| 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 | $11,087 |
| Total liabilities | $200,934 |
| Net assets without donor restrictions | $410,587 |
| 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 | $611,521 |