Automotive Fleet & Leasing Association
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $3.3k
- Employees
- 0
- Location
- Menomonee Falls, WI
- Founding
- 04/1971
- Data as of
- 06/2023
- EIN
- 36-2697227
Organization Overview
Automotive Fleet & Leasing Association is located in Menomonee Falls, WI. The organization was established in 1971. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automotive Fleet & Leasing 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 06/2023, Automotive Fleet & Leasing Association generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 5.1% per year over the past 8 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 AUTOMOTIVE FLEET & LEASING ASSOCIATION (AFLA) IS THE ADVANCED FORUM DEDICATED TO IMPROVING COMMUNICATION BETWEEN SELLERS, BUYERS, FLEET MANAGERS, LENDING INSTITUTIONS, FLEET MANAGEMENT COMPANIES, USED VEHICLE MARKETERS, AND ALLIED AUTOMOTIVE SERVICE COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFLA PROMOTES GROWTH, EXPANSION, AND PROFESSIONALISM WITHIN THE FLEET INDUSTRY BY PROVIDING EDUCATION, RESEARCH, TECHNICAL STANDARDS, REPRESENTATION AND ADVANCEMENT OF MEMBERS' INTERESTS. AFLA HAS BROUGHT UNITY TO AN INDUSTRY SO FRAGMENTED IN 1969 THAT IT HAD NO NETWORKING FORUM FOR FLEET BUYERS AND SELLERS TO EXCHANGE RELIABLE INDUSTRY INFORMATION OR EDUCATION. AFLA HAS MORE THAN 600 MEMBERS REPRESENTING ALL INDUSTRY SEGMENTS, INCLUDING FLEET MANAGERS AND BUYERS, AUTO MANUFACTURERS AND DEALERS, REMARKETERS, FLEET LEASE, MANAGEMENT, MAINTENANCE AND REPAIRS COMPANIES, SAFETY, TRANSPORTING, UPFITTING AND MANY OTHER SPECIALIZED SUPPLIERS. AFLA WORKS WITH MEMBER COMPANIES TO ADDRESS KEY ISSUES FACING THE ENTIRE INDUSTRY AND DELIVERS LEADING-EDGE PROGRAMS ON EVERYTHING FROM ADVANCES IN VEHICLE DESIGN TO TELEMATICS AND REMARKETING THAT ADVANCES THEIR SKILLS AND ENHANCE THE ENVIRONMENT IN WHICH THEY SELL PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Bender President | OfficerTrustee | 2 | $0 |
Matt Betz Vice President | OfficerTrustee | 3 | $0 |
Mike Antich Past President | OfficerTrustee | 1 | $0 |
Theresa Belding Treasurer From 10/22 | OfficerTrustee | 1 | $0 |
Karyna Zarate Secretary From 10/22 | OfficerTrustee | 1 | $0 |
Laura Jozwiak Past President Thru 10/22 | OfficerTrustee | 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 | $557,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $557,900 |
| Total Program Service Revenue | $540,744 |
| Investment income | $16,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,239 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,120,612 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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 | $377,796 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,610 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,438 |
| Office expenses | $24,353 |
| Information technology | $21,559 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $582,957 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,676 |
| All other expenses | $0 |
| Total functional expenses | $1,073,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $593,200 |
| Pledges and grants receivable | $17,500 |
| 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 | $182,069 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $668,051 |
| Investments—other securities | $3,346 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,464,166 |
| Accounts payable and accrued expenses | $1,477 |
| Grants payable | $0 |
| Deferred revenue | $480,265 |
| 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 | $481,742 |
| Net assets without donor restrictions | $982,424 |
| 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 | $1,464,166 |