Brake Standards Association Inc is located in Plymouth, MI. The organization was established in 1982. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brake Standards Association 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, Brake Standards Association Inc generated $7.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $20.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
CONFERENCES OF MEMBERS TO ADDRESS CURRENT AND ANTICIPATED ISSUES FACING AUTOMOTIVE BRAKE PARTS AND SYSTEMS MANUFACTURERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paulo A Reynoso Board Member | 0.5 | $0 | |
Tim Duncan Executive Director | 1 | $0 | |
Ht Chang Board Member | 0.5 | $0 | |
Mark Phipps Board Member | 0.5 | $0 | |
Rick Jamieson Chairman | 1 | $0 | |
Walt Britland Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $7,800 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $7,800 |
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 | $4,600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,259 |
Total expenses | $20,859 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $52,662 |
Other assets | $0 |
Total assets | $56,473 |
Total liabilities | $0 |
Net assets or fund balances | $56,473 |
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