National Limousine Associaton is located in Marlton, NJ. The organization was established in 1988. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Limousine Associaton employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Limousine Associaton 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 12/2021, National Limousine Associaton generated $877.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $685.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 years. 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 NATIONAL LIMOUSINE ASSOCIATION EXISTS TO PROMOTE AND PROTECT THE INTERNATIONAL, NATIONAL AND REGIONAL INTERESTS OF CHAUFFEURED TRANSPORTATION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A NATIONAL FORUM FOR THE EXCHANGE OF INFORMATION THROUGH CONVENTIONS/TRADE SHOWS THAT ARE ATTENDED BY A MAJORITY OF MEMBERS. TOPICS OF DISCUSSION INCLUDE PRIOR ACTIVITIES, CURRENT PLANS OF ACTION, PROPOSED LEGISLATION AND SERVICE PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kyle Hammerschmidt Executive Dir. | Officer | 40 | $58,904 |
Robert Alexander President | Officer | 5 | $0 |
Brett Barenholtz Secretary | Officer | 5 | $0 |
Gary Buffo Board Member | Officer | 5 | $0 |
Matt Assolin Board Member | Officer | 5 | $0 |
Joe Ironi 2nd Vice Pres | Officer | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cornerstone Government Affairs Consulting | 12/30/21 | $111,000 |
Evins Communications Ltd Consulting | 12/30/21 | $132,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $534,973 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $48,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $582,973 |
Total Program Service Revenue | $146,773 |
Investment income | $3,479 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $877,450 |
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. | $58,904 |
Compensation of current officers, directors, key employees. | $14,726 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $131,654 |
Pension plan accruals and contributions | $6,021 |
Other employee benefits | $7,822 |
Payroll taxes | $18,884 |
Fees for services: Management | $28,000 |
Fees for services: Legal | $9,721 |
Fees for services: Accounting | $20,531 |
Fees for services: Lobbying | $111,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $137,097 |
Advertising and promotion | $0 |
Office expenses | $9,574 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,217 |
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 | $3,887 |
Insurance | $4,218 |
All other expenses | $16,466 |
Total functional expenses | $685,622 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $389,932 |
Savings and temporary cash investments | $547,433 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,766 |
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 | $11,000 |
Net Land, buildings, and equipment | $11,520 |
Investments—publicly traded securities | $242,591 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,224,242 |
Accounts payable and accrued expenses | $38,604 |
Grants payable | $0 |
Deferred revenue | $172,697 |
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 | $211,301 |
Net assets without donor restrictions | $1,012,941 |
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 | $1,224,242 |
Over the last fiscal year, National Limousine Associaton has awarded $34,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
FLORIDA LIMOUSINE ASSOCIATION | | | $8,500 |
GREATER CALIFORNA LIVERY ASSO | | | $8,500 |
LIMOUSINE ASSN OF NEW JERSEY | | | $8,500 |
Durham, NH | | $8,500 |
Over the last fiscal year, we have identified 1 grants that National Limousine Associaton has recieved totaling $20,410.
Awarding Organization | Amount |
---|---|
Harold Berkman Memorial Fund Inc Marlton, NJ | | $20,410 |
Organization Name | Assets | Revenue |
---|---|---|
Nysa-Ila Container Royalty Fund Jersey City, NJ | $55,480,172 | $104,394,382 |
Unsatisfied Claims & Judgement Fund Basking Ridge, NJ | $69,007,782 | $67,404,449 |
Gs1 Us Inc Ewing, NJ | $478,037,755 | $93,863,501 |
International Swaps And Derivatives Association Inc New York, NY | $118,665,756 | $65,806,525 |
Association Of National Advertisers Inc New York, NY | $38,717,598 | $50,547,394 |
Global Associations Of Risk Proffesionals Inc Jersey City, NJ | $66,882,119 | $55,059,565 |
Natural Diamond Council Usa Inc New York, NY | $2,361,726 | $45,450,043 |
Better Health For Northeast New York Inc Albany, NY | $1,699,036 | $0 |
Hamaspik Of Orange County Inc Monroe, NY | $56,250,916 | $69,931,985 |
International Council Of Shopping Centers Inc New York, NY | $167,282,013 | $15,292,706 |
Housing Works Inc Brooklyn, NY | $30,231,683 | $31,989,444 |
Workers Compensation Security Fund Basking Ridge, NJ | $229,766,675 | $28,644,741 |