Michigan Trucking Association Inc is located in Lansing, MI. The organization was established in 1980. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Michigan Trucking Association Inc employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Michigan Trucking 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 06/2021, Michigan Trucking Association Inc generated $244.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $594.3k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE WELFARE & INTERESTS OF THE INDUSTRY & TO FOSTER FRIENDSHIP AMONG MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUCK DRIVING CHAMPIONSHIP TO SHOWCASE DRIVING AND SAFETY SKILLS THROUGH DRIVING COMPETITION AND WRITTEN EXAMS; AS WELL AS SUPERTECH MAINTENANCE TEHNICIAN EVENT (0 TOTAL IN ATTENDANCE IN 2020 - EVENT CANCELED DUE TO COVID-19 PANDEMIC).
ANNUAL CONVENTION AND CONFERENCE TO SET ASSOCIATION GOALS AND PROGRAMS FOR COMING YEAR, AS WELL AS INDUCT NEW OFFICERS (HELD VIRTUALLY IN 2020 DUE TO COVID-19 PANDEMIC - 30 IN ATTENDANCE).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Walter Heinritzi Past President & CEO | 40 | $147,157 | |
B Mickey Blashfield President & CEO | Officer | 40 | $133,828 |
Matthew Hitchcock Vice President | OfficerTrustee | 1 | $0 |
Glen Merkel Secretary/treasurer | OfficerTrustee | 1 | $0 |
Evan Stouten Ata State Vice President | OfficerTrustee | 1 | $0 |
David Menke Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $130,221 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,000 |
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 | $150,221 |
Total Program Service Revenue | $43,481 |
Investment income | $18,864 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $14,155 |
Net Gain/Loss on Asset Sales | $14,781 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,983 |
Miscellaneous Revenue | $0 |
Total Revenue | $244,874 |
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. | $156,542 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $211,114 |
Pension plan accruals and contributions | $21,748 |
Other employee benefits | $42,645 |
Payroll taxes | $26,757 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,102 |
Fees for services: Accounting | $36,606 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $412 |
Advertising and promotion | $1,419 |
Office expenses | $29,069 |
Information technology | $24,596 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,376 |
Interest | $181 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,524 |
Insurance | $9,190 |
All other expenses | -$2,151 |
Total functional expenses | $594,273 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $149,526 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,790 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $350,000 |
Inventories for sale or use | $9,543 |
Prepaid expenses and deferred charges | $19,030 |
Net Land, buildings, and equipment | $281,438 |
Investments—publicly traded securities | $3,462,661 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $405 |
Total assets | $4,301,393 |
Accounts payable and accrued expenses | $5,973 |
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 | $54,795 |
Other liabilities | $0 |
Total liabilities | $60,768 |
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 | $4,240,625 |
Total liabilities and net assets/fund balances | $4,301,393 |