Taxicab Service Association
- Assets
- $0.0
- Revenue
- $64.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Haverstraw, NY
- Founding
- 02/1996
- Data as of
- 12/2019
- EIN
- 13-3867644
Organization Overview
Taxicab Service Association is located in Haverstraw, NY. The organization was established in 1996. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. Taxicab Service 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 12/2019, Taxicab Service Association generated $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $67.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTEREST OF ITS MEMBERS, CREDIT UNIONS IN NEW YORK CITY WHO MAKE LOANS IN THE NEW YORK CITY GROUND TRANSPORTATION INDUSTRY( TAXI MEDALLIONS). TO SHARE INFORMATION AND CONCERNS AND PRESENT A UNITED FRONT TO REGULATORS IN BOTH THE CREDIT UNION AND TAXI INDISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN CONTACT WITH CITY AND STATE REPRESENTATIVES IN ORDER TO PROMOTE THE INTERESTS OF ITS MEMEBERS. LOBBY BEFORE LEGISLATIVE AND REGULATORY BODIES ON BEHALF OF ITS MEMBERS.SHARE INFORMATION ABOUT DEVELOPMENTS IN BOTH THE TAXI AND CREDIT UNION INDUSTRIES WITH MEMBERS AT REGULAR QUARTERLY MEETINGS AND AT SPECIAL MEETINGS AS NEEDED. DISCUSS COMMON CONCERNS THAT MEMBERS HAVE WITH REGULATORS AND DEVELOP APPROPRIATE RESPONSES.
PROMOTE EDUCATION TO GENERAL PUBLIC ABOUT BENEFITS OF USING REGULATED MEDALLION TAXIS, SUPPORT CANDIDITES WHO ARE IN FAVOR OF A STRONG MEDALLION TAXICAB INDUSTRY AND REACH OUT TO PUBLIC OFFICIALS AND THOSE WHO REGULATE THE INDUSTRY ON BEHALF OF A STRONG MEDALLION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Gross Director | OfficerTrustee | 6 | $0 |
Thomas O'shea Director | OfficerTrustee | 5 | $0 |
Robert Familiant Director | OfficerTrustee | 9 | $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 | $64,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,000 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $64,005 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $67,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $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 | $0 |
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