Association For High Techology Distribution
- Assets
- $1.9m
- Revenue
- $2.0m
- Investments
- $770.9k
- Employees
- 0
- Location
- Waukesha, WI
- Founding
- 07/1987
- Data as of
- 12/2023
- EIN
- 23-2390281
Organization Overview
Association For High Techology Distribution is located in Waukesha, WI. The organization was established in 1987. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For High Techology Distribution 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 12/2023, Association For High Techology Distribution generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION FOR HIGH TECHNOLOGY DISTRIBUTION IS THE AUTOMATION INDUSTRY'S PREMIER FORUM FOR EXCHANGE OF IDEAS. WE HELP OUR MEMBERS MAXIMIZE PROFIT AND GROWTH THROUGH PEER-TO-PEER EXCHANGE, FOSTERING PARTNERSHIPS AND ALLIANCES, AND EDUCATION AND ACCESS TO INDUSTRY EXPERTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HELD TWO MEETINGS IN 2023: SPRING MEETING 2023 AND FALL MEETING 2023. THE OBJECTIVES OF BOTH CONFERENCES WERE TO PROVIDE QUALITY EDUCATIONAL PROGRAMMING AND SIGNIFICANT NETWORKING OPPORTUNITIES TO MEMBER COMPANIES. BOTH MEETINGS FEATURE 1.5 DAYS OF GENERAL SESSIONS/BREAKOUT SESSIONS AS WELL AS ONE EVENING EVENT FOR EACH OF THE THREE EVENINGS OF THE CONFERENCE. SPRING MEETING 2023 HAD 367 REGISTERED ATTENDEES. FALL MEETING 2023 HAD 420 REGISTERED ATTENDEES.
THE ASSOCIATION PUBLISHES A QUARTERLY ECONOMIC FORECAST THAT IS PROVIDED TO ALL MEMBERS. A KEYNOTE SPEAKER IS INCLUDED AT EACH OF THE ASSOCIATION'S MEETINGS. THE ASSOCIATION'S OBJECTIVE IS TO PROVIDE ITS MEMBERS WITH KEY ECONOMIC FORECASTS TO USE IN THEIR BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Burk President | OfficerTrustee | 5 | $0 |
Mark Ermatinger Vice President | OfficerTrustee | 3 | $0 |
John Kelly Treasurer | OfficerTrustee | 3 | $0 |
Alan Watson Secretary/program Chair | OfficerTrustee | 5 | $0 |
Lou Dellemonache Member Chair | OfficerTrustee | 5 | $0 |
Matt Biskner Director | 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 | $1,973,116 |
| Investment income | $21,248 |
| 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 | $1,994,386 |
| 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 | $271,676 |
| Fees for services: Legal | $3,657 |
| Fees for services: Accounting | $7,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,244 |
| Advertising and promotion | $3,477 |
| Office expenses | $70,165 |
| Information technology | $25,008 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $73,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,130,272 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,386 |
| All other expenses | $11,099 |
| Total functional expenses | $1,687,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $596,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,328 |
| 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 | $159,218 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $347,016 |
| Investments—other securities | $770,875 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,879,548 |
| Accounts payable and accrued expenses | $30,019 |
| Grants payable | $0 |
| Deferred revenue | $680,953 |
| 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 | $710,972 |
| Net assets without donor restrictions | $1,168,576 |
| 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 | $1,879,548 |