Transportation Safety Equipment Institute is located in Sherwood, OR. The organization was established in 1977. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transportation Safety Equipment Institute 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, Transportation Safety Equipment Institute generated $70.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $70.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DEVELOPED COMMENTS TO DOT ORGANIZATIONS AND SHARED INFORMATION AMONG MEMBER COMPANIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Watrous President | 0.5 | $0 | |
Al Anderson Vice President | 0.1 | $0 | |
Ed Stanuch Treasurer | 0.25 | $0 | |
Paul Menig Executive Director | 4 | $0 | |
Bart Terburb Director | 0.1 | $0 | |
Josh Schafer Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $33,368 |
Membership dues | $36,902 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,270 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $68,323 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $168 |
Other expenses | $1,779 |
Total expenses | $70,270 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,726 |
Other assets | $0 |
Total assets | $32,726 |
Total liabilities | $0 |
Net assets or fund balances | $32,726 |
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