Electric Drive Transportation Association
- Assets
- $1.1m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 05/2002
- Data as of
- 09/2023
- EIN
- 52-1665058
Organization Overview
Electric Drive Transportation Association is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 09/2023, Electric Drive Transportation Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electric Drive Transportation 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 09/2023, Electric Drive Transportation Association generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.7m during the year ending 09/2023. While expenses have increased by 3.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDTA IS THE PREEMINENT INDUSTRY ASSOCIATION DEDICATED TO ADVANCING ELECTRIC DRIVE AS A CORE TECHNOLOGY ON THE ROAD TO SUSTAINABLE MOBILITY. EDTA SERVES AS A UNIFIED VOICE FOR THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC INFORMATION DISSEMINATION, TECHNICAL INFORMATION AND INFORMATION EXCHANGE FORUMS REGARDING ELECTRIC VEHICLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Bowermaster Director | Trustee | 1 | $0 |
Prasanna Srinivasan Director | Trustee | 1 | $0 |
Rhia Davis Director | Trustee | 1 | $0 |
Will Otero Director | Trustee | 1 | $0 |
Crystal Stiles Director | Trustee | 1 | $0 |
Robert Stewart Director/chair | OfficerTrustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,885,377 |
| Investment income | $5,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $80,400 |
| 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 | $4,974,212 |
| 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. | $461,467 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $286,064 |
| Pension plan accruals and contributions | $26,640 |
| Other employee benefits | $69,527 |
| Payroll taxes | $46,686 |
| Fees for services: Management | $105,150 |
| Fees for services: Legal | $2,882 |
| Fees for services: Accounting | $31,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,974 |
| Office expenses | $46,177 |
| Information technology | $32,728 |
| Royalties | $0 |
| Occupancy | $168,769 |
| Travel | $2,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,334,908 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,338 |
| All other expenses | $4,921 |
| Total functional expenses | $3,661,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,046 |
| Savings and temporary cash investments | $577,858 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,340 |
| 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 | $29,828 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $414,802 |
| Total assets | $1,051,874 |
| Accounts payable and accrued expenses | $68,857 |
| Grants payable | $0 |
| Deferred revenue | $285,841 |
| 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 | $424,332 |
| Total liabilities | $779,030 |
| Net assets without donor restrictions | $272,844 |
| 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 | $1,051,874 |