Shoe & Accessory Travelers Association
- Assets
- $3.0m
- Revenue
- $396.5k
- Investments
- $3.0m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/2007
- Data as of
- 09/2022
- EIN
- 11-3765572
Organization Overview
Shoe & Accessory Travelers Association is located in Portland, OR. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shoe & Accessory Travelers 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 09/2022, Shoe & Accessory Travelers Association generated $396.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $289.5k during the year ending 09/2022. While expenses have increased by 8.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SALES REPS HELPING SALES REP
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER BENEFITS: THE ASSOCIATION PROVIDES MEMBERS WITH INFORMATION, EDUCATION, AND NETWORKING OPPORTUNITIES WITH FELLOW MEMBERS, VENDORS, AND OTHER KEY PLAYERS IN THE FOOTWEAR INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Bastis Chief Membership Officer | OfficerTrustee | 20 | $65,000 |
Bill Clark President | OfficerTrustee | 1 | $0 |
Al Rivera Vice President | OfficerTrustee | 1 | $0 |
Jim Mccabe Treasurer | OfficerTrustee | 1 | $0 |
Ken Sollie Secretary | OfficerTrustee | 1 | $0 |
Bruce Condiotty Past President | 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 | $11,834 |
| Investment income | $66,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $318,142 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $396,472 |
| 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 | $65,000 |
| Fees for services: Legal | $5,604 |
| Fees for services: Accounting | $16,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,349 |
| Fees for services: Other | $0 |
| Advertising and promotion | $519 |
| Office expenses | $1,990 |
| Information technology | $793 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $45,618 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,886 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,232 |
| All other expenses | $10,792 |
| Total functional expenses | $289,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,641 |
| Savings and temporary cash investments | $28,505 |
| 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 | $19,117 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,973,796 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,038,059 |
| Accounts payable and accrued expenses | $5,973 |
| Grants payable | $0 |
| Deferred revenue | $13,585 |
| 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 | $19,558 |
| Net assets without donor restrictions | $3,018,501 |
| 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 | $3,038,059 |
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