Wisconsin Automobile & Truck Education Association Inc is located in Wausau, WI. The organization was established in 2003. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Wisconsin Automobile & Truck Education Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Automobile & Truck Education Association Inc 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 12/2022, Wisconsin Automobile & Truck Education Association Inc generated $305.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $345.0k during the year ending 12/2022. 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
TO PROMOTE THE AUTOMOTIVE AND TRUCK INDUSTRY AS A CAREER CHOICE FOR STUDENTS AND PROVIDE YOUTH APPRENTICESHIP PROGRAMS TO REACH THIS GOAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT, CREATION, AND DISSEMINATION OF MARKETING MATERIALS AND TRAINING OPPORTUNITIES TO PROMOTE AND CREATE INTEREST IN THE AUTOMOTIVE AND TRUCK INDUSTRY AS A CAREER FOR STUDENTS.
WHEELS TO WORK / COMMUTE2CAREERS - ASSISTS FAMILIES AND INDIVIDUALS TO OVERCOME TRANSPORTATION OBSTACLES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kent Olson Co-Chair | OfficerTrustee | 5 | $0 |
Cory Heckendorf Co-Chair | OfficerTrustee | 0.5 | $0 |
Jerry Brickner Member At Large | Trustee | 1 | $0 |
Stephanie Stanke Secretary | OfficerTrustee | 0.5 | $0 |
Allen Ward Treasurer | OfficerTrustee | 0.5 | $0 |
Janessa Brickner-Ress Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $15,941 |
Fundraising events | $66,700 |
Related organizations | $0 |
Government grants | $149,207 |
All other contributions, gifts, grants, and similar amounts not included above | $44,407 |
Noncash contributions included in lines 1a–1f | $41,657 |
Total Revenue from Contributions, Gifts, Grants & Similar | $276,255 |
Total Program Service Revenue | $20,642 |
Investment income | $6 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $7,723 |
Net Income from Gaming Activities | $755 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $305,381 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $28,096 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $70,000 |
Compensation of current officers, directors, key employees. | $14,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $24,976 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $30,601 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,210 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,760 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $16,420 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,033 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $11,914 |
All other expenses | $30,797 |
Total functional expenses | $344,956 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $60,532 |
Savings and temporary cash investments | $60,697 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $64,073 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $50,000 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $18,952 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $13,144 |
Other assets | $89,485 |
Total assets | $356,883 |
Accounts payable and accrued expenses | $3,537 |
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 | $13,144 |
Total liabilities | $16,681 |
Net assets without donor restrictions | $340,202 |
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 | $356,883 |