Minnesota Trucking Association
- Assets
- $2.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Brooklyn Center, MN
- Founding
- 10/1944
- Data as of
- 06/2022
- EIN
- 41-0499260
Organization Overview
Minnesota Trucking Association is located in Brooklyn Center, MN. The organization was established in 1944. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Minnesota Trucking Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Trucking 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 06/2022, Minnesota Trucking Association generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. 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
THE MINNESOTA TRUCKING ASSOCIATION'S MISSION IS TO ADVANCE A SAFE AND SUCCESSFUL MINNESOTA TRUCKING INDUSTRY THROUGH ADVOCACY, EDUCATION AND FOCUSED INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES & SEMINARS - CONSISTS OF A VARIETY OF EDUCATIONAL OPPORTUNITIES WHICH PROVIDE TIMELY AND VALUABLE INFORMATION TO MTA MEMBERS (AND NON-MEMBERS). SOME EXAMPLES INCLUDE: ANNUAL VEHICLE INSPECTION CERTIFICATION AND RE-CERTIFICATION CLASSES, A ONE-DAY SAFETY CONFERENCE, A DRIVER OF THE YEAR BANQUET, A ONE-DAY TRUCKING MANAGEMENT CONFERENCE, THE NEXTLEADER LEADERSHIP TRAINING PROGRAM, AND A NORTH AMERICAN TRANSPORTATION MANAGEMENT INSTITUTE SAFETY TRAINING COURSE.
ANNUAL CONFERENCE - THIS PROGRAM PROVIDES MTA MEMBERS WITH AN OPPORTUNITY FOR IN-DEPTH LEARNING EXPERIENCES, SAFETY AWARDS, AN ANNUAL MEETING, AND THE OPPORTUNITY TO NETWORK WITH OTHER MEMBERS. 2021'S EVENT, "TIME TO RECONNECT!", INCLUDED THE SEMINARS: "DEMOGRAPHICS PRECIPITATES ECONOMICS: STRATEGIC PLANNING FOR THE POST-PANDEMIC ERA," "THE FUTURE OF TRUCKING", "CEO ROUNDTABLE DISCUSSIONS," "IMPLEMENTING A DRIVER SALARY COMPENSATION MODEL, AND "SCORECARD DECISION MAKING."
PRODUCT SALES - THIS PROGRAM PROVIDES SAFETY, COMPLIANCE AND EDUCATIONAL MATERIALS AT A DISCOUNT OFF RETAIL FOR MEMBERS AND NON-MEMBERS. SOME EXAMPLES INCLUDE: LOG AND INSPECTION BOOKS; FORMS FOR MEDICAL TESTS; DRIVER QUALIFICATION FILES; LOAD SECUREMENT MANUALS FMCSR HANDBOOKS, HAZMAT COMPLIANCE BOOKS AND EMERGENCY RESPONSE GUIDEBOOKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hausladen President | Officer | 45 | $211,204 |
Josh Enger Treasurer (july - Dec) | OfficerTrustee | 1 | $0 |
Brandon Knight Treasurer (jan - June) | OfficerTrustee | 1 | $0 |
Steve Yaggy Chair | OfficerTrustee | 1 | $0 |
Sam Anderson First Vice Chair | OfficerTrustee | 1 | $0 |
Brent Bois Immediate Past Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $496,488 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $596,864 |
| Total Program Service Revenue | $724,211 |
| Investment income | $29,804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,639 |
| Net Income from Fundraising Events | $91,206 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $40,647 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,481,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $128,500 |
| 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. | $211,204 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,346 |
| Pension plan accruals and contributions | $10,060 |
| Other employee benefits | $68,153 |
| Payroll taxes | $29,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,752 |
| Fees for services: Accounting | $13,810 |
| Fees for services: Lobbying | $65,250 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,643 |
| Advertising and promotion | $0 |
| Office expenses | $47,207 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,155 |
| Travel | $22,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $205,335 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,262 |
| Insurance | $13,084 |
| All other expenses | $22,224 |
| Total functional expenses | $1,327,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $577,230 |
| Savings and temporary cash investments | $792,121 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,256 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,560 |
| Prepaid expenses and deferred charges | $54,084 |
| Net Land, buildings, and equipment | $22,408 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $628,448 |
| Total assets | $2,156,107 |
| Accounts payable and accrued expenses | $52,135 |
| Grants payable | $0 |
| Deferred revenue | $520,706 |
| 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 | $572,841 |
| Net assets without donor restrictions | $1,546,318 |
| Net assets with donor restrictions | $36,948 |
| 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 | $2,156,107 |
Grants Awarded
Over the last fiscal year, Minnesota Trucking Association has awarded $126,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn Center, MN PURPOSE: For vision/image work and for scholarship awards. | $120,000 |
St Paul, MN PURPOSE: Charitable donation | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Trucking Association has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
American Trucking Associations Inc Washington, DC PURPOSE: CONTRIBUTION | $15,000 |
Endowment Analysis
| Beg. Balance | $324,315 |
| Earnings | $4,757 |
| Net Contributions | $12,500 |
| Ending Balance | $341,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Electrical Industry Vacation - Holiday Plan Wauwatosa, WI | $15,465,835 | $13,612,321 |
Gopher State One-Call Inc Minneapolis, MN | $13,617,385 | $7,412,499 |
Downtown Parking Management Inc Cedar Rapids, IA | $2,652,564 | $2,696,142 |
Scott County Regional Authority Bettendorf, IA | $3,455,493 | $3,293,735 |
Midwest Consruction & Distribution Industry Benefit Trust Eagan, MN | $4,510,406 | $1,947,839 |
Minnesota Association Of Townships St Michael, MN | $4,706,958 | $2,431,395 |
Dakota Business Finance Sioux Falls, SD | $1,006,804 | $1,543,251 |
Benedictine Living Community Of Wahpeton Minneapolis, MN | $6,015,815 | $1,840,159 |
Petroleum Marketers Of Iowa Urbandale, IA | $2,364,008 | $1,629,473 |
Minnesota Trucking Association Brooklyn Center, MN | $2,156,107 | $1,481,093 |
Independent Community Banks Of North Dakota Bismarck, ND | $2,054,460 | $1,393,335 |
Aggregate Ready Mix Of Minnesota Eagan, MN | $513,476 | $1,065,543 |