Atm Industry Association
- Assets
- $2.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Sioux Falls, SD
- Founding
- 12/2003
- Data as of
- 12/2022
- EIN
- 26-0024403
Organization Overview
Atm Industry Association is located in Sioux Falls, SD. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Atm Industry Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atm Industry 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 12/2022, Atm Industry Association generated $2.4m 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 (6.0%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ATM INDUSTRY ASSOCIATION (ATMIA) IS AN ALLIANCE DEDICATED TO THE GLOBAL ADVANCEMENT AND PROLIFERATION OF AUTOMATED TELLER MACHINES. WE PROVIDE OUR MEMBERS WITH EDUCATION, INDUSTRY DATA, A MEMBER REFERRAL NETWORK AND ACCESS TO COMPANIES THAT WILL PROVIDE DISCOUNTED PRODUCTS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTIONS: ENHANCE OUR MEMBERS' SKILLS BY DEVELOPING PRODUCTIVE MANAGEMENT SKILLS, BEST PRACTICES, PROBLEM SOLVING CAPABILITY, AND LEADERSHIP SKILLS BY RELYING ON EACH OTHER FOR SHARED EXPERIENCES AND BY JOINING INTIMATE GROUPS OF BUSINESS PEERS AND ASSOCIATES. ATMIA HELD FIVE IN-PERSON EVENTS IN 2022.
EDUCATION: WHETHER YOU ARE A SEASONED EXECUTIVE OR NEW TO THE INDUSTRY, YOUR PEERS, THROUGH THEIR PARTICIPATION IN ATMIA, HAVE DEVELOPED EDUCATIONAL MATERIAL TRULY ADDRESSING CURRENT ISSUES AND TRENDS IN THE ATM INDUSTRY. IN 2012, WE INTRODUCED THE FIRST ONLINE CERTIFIED TRAINING PROGRAM AND IT IS OFFERED TO OUR MEMBERS AT A GREATLY REDUCED RATE. THIS IS AVAILABLE TO OVER 10,000 INDIVIDUALS IN OVER 600 COMPANIES GLOBALLY. 2010 BROUGHT FREE WEBINARS TO ALL ATMIA MEMBERS, AND INCLUDED USEFUL UPDATES ON TECHNOLOGY, BUSINESS TRENDS, EMV, ADA COMPLIANCE, AND MORE.
ADVOCACY: ADVOCATING FOR OUR MEMBERS AND PROMOTING THE VALUE OF THE ATM INDUSTRY TO LEGISLATORS AND POLICYMAKERS IS AN IMPORTANT PRIORITY FOR ATMIA. TO DO THIS, WE ADDRESS LEGISLATIVE AND REGULATORY ISSUES THAT AFFECT THE INDUSTRY. WE ALSO STRIVE TO KEEP OUR MEMBERS INFORMED ABOUT LEGISLATIVE AND REGULATORY ACTIVITIES THROUGH ADVISORIES, ISSUE BRIEFS, OUR E-NEWSLETTER AND WEEKLY UPDATES. VIEW OUR REGULATORY MONITOR FOR OUR MEMBERS ON OUR WEBSITE - HTTP://WWW.ATMIA.COM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lee Ceo, International (thru 06/2022) | OfficerTrustee | 40 | $108,750 |
Lonnie Talbert CEO (as Of 06/2022) | OfficerTrustee | 40 | $103,267 |
Jeff Matthews President | Trustee | 1 | $0 |
Peter Kulik Chairman | OfficerTrustee | 1 | $0 |
Sandra Hartfield Papie Finance Officer | OfficerTrustee | 1 | $0 |
Carlos Siewczynski Deputy President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $482,230 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $144,842 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,613 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $717,685 |
| Total Program Service Revenue | $1,613,187 |
| Investment income | $1,132 |
| 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 | $2,429,292 |
| 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. | $212,017 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $909,709 |
| Pension plan accruals and contributions | $53,729 |
| Other employee benefits | $85,116 |
| Payroll taxes | $62,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,810 |
| Fees for services: Accounting | $9,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,405 |
| Office expenses | $17,815 |
| Information technology | $20,036 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $626,689 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $705 |
| Insurance | $20,314 |
| All other expenses | $0 |
| Total functional expenses | $2,262,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $947,388 |
| Savings and temporary cash investments | $1,047,255 |
| 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 | $439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $132,744 |
| Other assets | $1 |
| Total assets | $2,127,827 |
| Accounts payable and accrued expenses | $7,802 |
| Grants payable | $0 |
| Deferred revenue | $1,156,195 |
| 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 | $1,163,997 |
| Net assets without donor restrictions | $890,355 |
| Net assets with donor restrictions | $73,475 |
| 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 | $2,127,827 |