New York State Motor Truck Association Inc, operating under the name Trucking Association Of New York, is located in Clifton Park, NY. The organization was established in 1969. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Trucking Association Of New York employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trucking Association Of New York 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 12/2021, Trucking Association Of New York generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 5.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION REPRESENTS THE INTERESTS OF THE MOTOR TRUCK INDUSTRY (COMMON/CONTRACT CARRIERS, PRIVATE CARRIERS, GOVERNMENT AGENCY FLEETS, MANUFACTURERS, DEALERS, TRUCK DRIVING SCHOOLS AND SUPPLIERS) SERVING THE ECONOMY OF NEW YORK STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGIONAL PROGRAMS: EACH REGION HOLDS EDUCATION MEETINGS FOR THE ASSOCIATION MEMBERS PERIDOCIALLY THROUGHOUT THE YEAR.
TRUCK SAFETY & EDUCATIONAL CONFERENCE: 2-DAY EVENT PROVIDES ATTENDEES WITH UPDATES ON RULES AND REGULATIONS THAT THEY MUST COMPLY WITH. ATTENDEES ALSO RECEIVED SAFETY RELATED INFORMATION THROUGH EDUCATIONAL SESSIONS.
TRUCK DRIVING CHAMPIONSHIPS: 2-DAY SAFETY EVENT FOR COMMERICAL TRUCK DRIVERS. DRIVERS ARE REQUIRED TO TAKE A WRITTEN EXAM WHICH TESTS THEIR KNOWLEDGE OF THE RULES AND REGULATIONS OF THE TRUCKING INDUSTRY. THEY ARE ALSO REQUIRED TO CONDUCT A PRE-TRIP INSPECTION OF THEIR VEHICLE AND PARTICIPATE IN A DRIVING TEST. WINNERS GO ON TO COMPETE AT A NATIONAL EVENT.
THE ASSOCIATION REPRESENTS THE INTERESTS OF THE MOTOR TRUCK INDUSTRY (COMMON/CONTRACT CARRIERS, PRIVATE CARRIERS, GOVERNMENT AGENCY FLEETS, MANUFACTURERS, DEALERS, TRUCK DRIVING SCHOOLS AND SUPPLIERS) SERVING THE ECONOMY OF NEW YORK STATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kendra Hems President | OfficerTrustee | 40 | $151,631 |
Barry Panicola Chairman | OfficerTrustee | 1 | $0 |
Mark Giuffre Vice Chair | OfficerTrustee | 1 | $0 |
Chris Mix Treasurer | OfficerTrustee | 1 | $0 |
Terry Borwegen Secretary | OfficerTrustee | 1 | $0 |
Jospeh Berti Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $215,326 |
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 | $215,326 |
Total Program Service Revenue | $210,115 |
Investment income | $844,326 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $92,268 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,005,902 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,370,406 |
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. | $151,631 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $457,948 |
Pension plan accruals and contributions | $18,763 |
Other employee benefits | $41,567 |
Payroll taxes | $46,142 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,818 |
Fees for services: Accounting | $13,965 |
Fees for services: Lobbying | $132,450 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $199,197 |
Fees for services: Other | $125,113 |
Advertising and promotion | $32,621 |
Office expenses | $31,602 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $56,176 |
Travel | $25,572 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,168 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,221 |
Insurance | $13,828 |
All other expenses | $8,020 |
Total functional expenses | $1,649,353 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $107,890 |
Savings and temporary cash investments | $56,530 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $24,987 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,338 |
Prepaid expenses and deferred charges | $37,668 |
Net Land, buildings, and equipment | $24,830 |
Investments—publicly traded securities | $43,022,810 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $123,772 |
Total assets | $43,401,825 |
Accounts payable and accrued expenses | $80,580 |
Grants payable | $0 |
Deferred revenue | $118,307 |
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 | $198,887 |
Net assets without donor restrictions | $43,202,938 |
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 | $43,401,825 |
Over the last fiscal year, we have identified 1 grants that New York State Motor Truck Association Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Rensselaer Polytechnic Institute Troy, NY PURPOSE: Research Subcontract | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Cargo Bureau Inc New York, NY | $143,044,465 | $25,246,803 |
Effie Worldwide Inc New York, NY | $5,194,477 | $9,012,893 |
Association For Iron And Steel Technology Warrendale, PA | $25,867,856 | $8,482,182 |
Association Of Junior Leagues International Inc New York, NY | $6,233,949 | $6,169,858 |
Pennsylvania Municipal League Harrisburg, PA | $4,038,620 | $4,353,678 |
General Contractors Association Of N Y Inc New York, NY | $5,224,579 | $3,924,601 |
Associated Construction Contractors Of New Jersey Inc Edison, NJ | $3,469,293 | $3,847,695 |
Continuing Care Leadership Coalition Inc New York, NY | $0 | $1,160,487 |
Metropolitan Marine Maintenance Contractors Association Inc Rutherford, NJ | $14,907,336 | $3,346,080 |
United Assoc Of Journeymen And Apprentices Of Plumbing & Pipefit Glens Falls, NY | $19,592,168 | $3,249,333 |
Northeast Business Group On Health Inc New York, NY | $2,773,628 | $2,187,232 |
Pennsylvania Surplus Lines Association Exton, PA | $6,353,987 | $2,358,445 |