Historical Construction Equipment Association
- Assets
- $2.9m
- Revenue
- $451.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Bowling Green, OH
- Founding
- 04/1989
- Data as of
- 03/2024
- EIN
- 34-1577483
Organization Overview
Historical Construction Equipment Association, operating under the name Equipment Association, is located in Bowling Green, OH. The organization was established in 1989. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2024, Equipment Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equipment Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Equipment Association generated $451.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $265.3k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE HISTORY OF THE CONSTRUCTION, SURFACE MINING, DREDGING EQUIPMENT INDUSTRIES AND TO SHARE THE HISTORY WITH THE PUBLIC BY PRODUCING A PERIODIC PUBLICATION SPONSORING/PROMOTING CONVENTIONS/SHOWS AND MAINTAINING A PUBLIC ARCHIVE & LIBRARY RELATED TO THE INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALE OF MERCHANDISE,VIDEOS,ETC PROMOTING HISTORIC EQUIPMENT KNOWLEDGE. ABOUT 15,000 SOLD ANNUALLY
PUBLISH QUARTERLY MAGAZINE ( EQUIPMENT ECHOS) FOR EACH MEMEBER. PERIODICAL HAS ARTICLES ON HISTORY AND DEVELOPMENT OF CONSTRUCTION EQUIPMENT, HISTORICAL INVENTORY, ENGINEER & BUILDER BIOGRAPHIES, CONSTRUCTION COMPANIES, AND MACHINERY. INCLDUES EDUCATIONAL ARTICLES, PHOTOS, TECHNICAL AND HISTORICAL INFORMATION,AND NEWS OF THE CONSTRUCTIONAND MINING EQUIPMENT INDUTRIES. APPROXIMATELY 3,800 ISSUES PUBLISHED QUARTERLY.
ARCHIVE AND RESEARCH; MAINTAIN LIBRARY OF HISTORIC BOOKS, SALES LITERATURE, BUILDER BIOGRPAHIES, REPORTS, FILMS AND ALL TYPES OF DOCUMENTS AND MATERIALS RELATING TO THE CONSTRUCTION, SURFACE MINING, AND DREDGING INDUSTRIES. MAINTAIN MUSEUM OF HISTORICALLY SIGNIFICANT VINTAGE CONSTRUCTION EQUIPMENT AND AN EQUIPMENT RESTORATION SHOP. ARCHIVIST HAS ABOUT 300 REQUESTS PER YEAR. MUSEUM HAS OVER 100 VISITORS ANNUALLY. AN ANNUAL MEMBERSHIP CONVENTION WHERE MEMBERS EXHIBIT AND DEMONSTRATE VINTAGE CONSTRUCTION EQUIPMENT. SHOWS ARE HELD AT DIFFERENT LOCATIONS EACH YEAR TO INCREASE MEMBER PARTICIPATION AND PUBLIC EXPOSURE. THIS YEAR, APPROXIMATELY 1,000 PEOPLE FROM THE PUBLIC AND MEMEBRSHIP ATTENDED. OTHER PROGRAM EXPENDITURES INCURRED IN ORDER TO OPERATE THE MUSEUM, PRESERVE THE HISTORY OF THE CONSTRUCTION, SURFACE MINING, DREDGING EQUIPMENT INDUSTRIES AND TO SHARE THE HISTORY WITH THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Daniels Office Manager | OfficerTrustee | 0 | $41,189 |
Thomas Berry Archivist | OfficerTrustee | 0 | $30,184 |
Jacqueline Hendry Office Manager | OfficerTrustee | 0 | $18,232 |
James Schaus Director | Trustee | 0 | $0 |
Dean Wack Director | Trustee | 0 | $0 |
Keith Haddock Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $172,980 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,757 |
| Total Program Service Revenue | $43,394 |
| Investment income | $69,968 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $865 |
| 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 | $31,049 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $451,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,605 |
| Compensation of current officers, directors, key employees. | $59,421 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,863 |
| Payroll taxes | $7,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $938 |
| Office expenses | $4,612 |
| Information technology | $8,114 |
| Royalties | $0 |
| Occupancy | $36,686 |
| Travel | $1,727 |
| 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 | $12,508 |
| Insurance | $13,019 |
| All other expenses | $0 |
| Total functional expenses | $265,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,065 |
| Savings and temporary cash investments | $166,740 |
| 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 | $33,703 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $729,712 |
| Investments—publicly traded securities | $1,879,754 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,850,974 |
| Accounts payable and accrued expenses | $2,740 |
| 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 | $2,740 |
| 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 | $2,848,234 |
| Total liabilities and net assets/fund balances | $2,850,974 |