Utah Trucking Association Scholarship & Charitable Donation
- Assets
- $92.0k
- Revenue
- $367.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- Data as of
- 12/2021
- EIN
- 47-3255934
Organization Overview
Utah Trucking Association Scholarship & Charitable Donation is located in Salt Lake City, UT. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utah Trucking Association Scholarship & Charitable Donation 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 12/2021, Utah Trucking Association Scholarship & Charitable Donation generated $367.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 64.2% each year . All expenses for the organization totaled $345.5k during the year ending 12/2021. 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
THE UTAH TRUCKING ASSOCIATIONS SCHOLARSHIP AND CHARITABLE CONTRIBUTIONS FUND HAS A THREEFOLD MISSION. FIRST, THE UTAH TRUCKING ASSOCIATION FACILITATES EDUCATIONAL SCHOLARSHIPS THROUGH VARIOUS FUNDRAISING ACTIVITIES. THESE SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO HAVE A CLOSE ALIGNMENT TO THE ASSOCIATIONS MEMBERSHIP. BONUS POINTS ARE OFFERED TO THOSE SEEKING TRAINING THAT WILL PREPARE THEM FOR A CAREER IN THE TRANSPORTATION INDUSTRY. SOME OF THE DOLLARS COLLECTED ARE DISBURSED TO THE TRADE SCHOOLS IN SOUTHERN UTAH TO ENTICE STUDENTS TO THEIR COMMERCIAL DRIVING AND DIESEL TECHNICIAN PROGRAMS. SECOND, THE TRUCKING ASSOCIATION IDENTIFIES THREE TO FIVE PREFERRED CHARITIES EACH YEAR AND MAY ORGANIZE FUNDRAISING ACTIVITIES TO PROVIDE DONATIONS TO THESE WORTHY CAUSES. LASTLY, THE ASSOCIATION ADMINISTERS THE UTAH DIESEL PATHWAYS PROGRAM, WHICH ORGANIZES LEADERS WITHIN THE DIESEL EQUIPMENT INDUSTRY AND TECHNICAL TRAINING HIGH AND SECONDARY EDUCATION SCHOOLS TO IMPROVE THE TRAINING OFFERED TO STU
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UTAH TRUCKING ASSOCIATION SCHOLARSHIP AND CHARITABLE CONTRIBUTIONS 501 (C)(3) EXISTS TO RAISE FUNDS TO PROVIDE SCHOLARSHIPS TO STUDENTS ASSOCIATED WITH THE UTAH TRUCKING ASSOCIATION OR THOSE STUDYING FOR A CAREER IN THE TRANSPORTATION INDUSTRY (I.E., COMMERCIAL DRIVERS, DIESEL TECHNICIANS, BUSINESS MAJORS). IT FURTHER WORKS TO IMPROVE CAREER DEVELOPMENT OPPORTUNITIES SPECIFICALLY FOR THOSE SEEKING TRAINING AND CERTIFICATION WITHIN THE DIESEL TECHNICIAN OR TRUCK DRIVING FIELDS. CAREER DEVELOPMENT INCLUDES WORKING WITH EDUCATIONAL ENTITIES PROVIDING DIESEL TECHNICIAN TRAINING TO ENSURE THAT THE TRAINING PROVIDED MEETS THE NEEDS OF THE INDUSTRY. ADDITIONALLY, THE UTAH TRUCKING ASSOCIATION IDENTIFIES PREFERRED CHARITIES EACH YEAR AND RAISES FUNDS TO DONATE TO THESE WORTHY CAUSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Andrus President | Officer | 0 | $0 |
Adam Mason Vice President | Officer | 0 | $0 |
Gregory D Mccandless Vice President | Officer | 0 | $0 |
Justin Deputy Vice President | Officer | 0 | $0 |
Adam Lindsey Treasurer | Officer | 0 | $0 |
Stacey Bettridge Past President | Officer | 0 | $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 | $302,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,500 |
| Total Program Service Revenue | $56,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,260 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $367,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $219,359 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113 |
| Advertising and promotion | $26,071 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $345,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,047 |
| Accounts payable and accrued expenses | $4,404 |
| 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 | $4,404 |
| Net assets without donor restrictions | $87,643 |
| 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 | $92,047 |
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