National Coalition Of Associations Of 7-Eleven Franchisees Inc
- Assets
- $724.1k
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Ceres, CA
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 94-2783641
Organization Overview
National Coalition Of Associations Of 7-Eleven Franchisees Inc is located in Ceres, CA. The organization was established in 2006. 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. As of 12/2022, National Coalition Of Associations Of 7-Eleven Franchisees Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Coalition Of Associations Of 7-Eleven Franchisees Inc 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, National Coalition Of Associations Of 7-Eleven Franchisees Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NCASEF IS AN INDEPENDENT TRADE ASSOC FOR 7-ELEVEN FRANCHISEES NATIONWIDE. THE GOALS ARE TO REPRESENT THE INTERESTS OF FRANCHISEES TO ALL PARTIES, AND TO PROVIDE A FORUM FOR THE EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL CONVENTION 2022 AVANTI MAGAZINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sukhvinder Sandhu Chairman | OfficerTrustee | 40 | $75,000 |
Joseph Rossi Exc Vice Chairman | OfficerTrustee | 40 | $37,500 |
Meharban Singh Treasurer | OfficerTrustee | 30 | $25,000 |
Rehan Hashmi Vice Chairman | OfficerTrustee | 25 | $15,000 |
Nachhatar Bhullar Vice Chairman | OfficerTrustee | 25 | $8,000 |
Teeto Shirajee Vice Chairman | OfficerTrustee | 25 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $353,670 |
| Fundraising events | $20,449 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,826 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,945 |
| Total Program Service Revenue | $2,642,914 |
| Investment income | $86 |
| 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 | $3,121,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $136,112 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $183,837 |
| Compensation of current officers, directors, key employees. | $183,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,951 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90,775 |
| Fees for services: Accounting | $103,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $224,328 |
| Office expenses | $27,456 |
| Information technology | $19,200 |
| Royalties | $0 |
| Occupancy | $109,490 |
| Travel | $452,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,797,791 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $972 |
| Insurance | $7,838 |
| All other expenses | $0 |
| Total functional expenses | $3,305,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,821 |
| Savings and temporary cash investments | $183,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $363,995 |
| 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 | $144,839 |
| Net Land, buildings, and equipment | $8,561 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $724,108 |
| Accounts payable and accrued expenses | $1,800 |
| 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 | $137,790 |
| Total liabilities | $139,590 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $724,108 |
Grants Awarded
Over the last fiscal year, National Coalition Of Associations Of 7-Eleven Franchisees Inc has awarded $136,112 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PHOENIX CHILDRENS HOSPITAL FUND PURPOSE: SUPPORT OF CHARITY | $7,711 |
CHILDRENS MIRACLE NETWORK | | | $115,000 |
RADY CHILDRENS HOSPITAL FOUNDATIOIN | | | $13,401 |