Delaware Motor Transport Association Inc
- Assets
- $3.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 03/1955
- Data as of
- 12/2022
- EIN
- 51-0072867
Organization Overview
Delaware Motor Transport Association Inc is located in Dover, DE. The organization was established in 1955. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Motor Transport 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 12/2022, Delaware Motor Transport Association Inc generated $21.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $22.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence Mckinney Chairperson | 0 | $0 | |
Chum Hitchens Imm Past Cha | 0 | $0 | |
Henry Fenimore Board | 0 | $0 | |
Wayne Hoke Board | 0 | $0 | |
John Bunting Board | 0 | $0 | |
Richard Weyandt Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,155 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,178 |
| Other Revenue | $0 |
| Total Revenue | $20,977 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,171 |
| Professional fees and other payments to independent contractors | $2,055 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,137 |
| Total expenses | $22,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,639 |
| Other assets | $0 |
| Total assets | $3,639 |
| Total liabilities | $428 |
| Net assets or fund balances | $3,211 |