Intermodal Association Of North America Inc
- Assets
- $33.4m
- Revenue
- $12.6m
- Investments
- $8.3m
- Employees
- 29
- Location
- Calverton, MD
- Founding
- 11/1992
- Data as of
- 12/2022
- EIN
- 52-1753485
Organization Overview
Intermodal Association Of North America Inc is located in Calverton, MD. The organization was established in 1992. 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 12/2022, Intermodal Association Of North America Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intermodal Association Of North America 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, Intermodal Association Of North America Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $8.9m during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 7 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.
Since 2016, Intermodal Association Of North America Inc has awarded 26 individual grants totaling $2,847,999. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERMODAL TRANSPORTATION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATION SERVICES FACILITATE THE INTERCHANGE OF EQUIPMENT AMONG CARRIERS OF DIFFERENT MODES OF TRANSPORTATION; INDUSTRY COMPLIANCE WITH STATE AND FEDERAL REGULATIONS.
MARKETING AND EDUCATION (PREVIOUSLY PUBLICATIONS AND PRODUCTS) - THE MARKETING/COMMUNICATIONS DEPARTMENT IS RESPONSIBLE FOR MANAGING ALL EXTERNAL COMMUNICATIONS ON BEHALF OF THE ASSOCIATION AS WELL AS THE DEVELOPMENT OF PROMOTIONAL CAMPAIGNS FOR PRODUCTS, SERVICES, EVENT ATTENDANCE AND MEMBERSHIP RECRUITMENT. IN ADDITION, THE DEPARTMENT ALSO SOLICITS ADVERTISING REVENUE FOR IANA'S TRADE PUBLICATION "INTERMODAL INSIGHTS." PRODUCTS AND PUBLICATIONS SUPPORT MEMBER NEEDS IN FURTHERANCE OF THEIR EDUCATIONAL, BUSINESS AND REGULATORY COMPLIANCE OBJECTIVES.
CONFERENCES INCLUDING ANNUAL EXHIBITION & EDUCATIONAL SEMINARS - ASSOCIATION MEMBERS MEET TO LEARN ABOUT INTERMODAL TRANSPORTATION PRODUCTS & SERVICES AND EXCHANGE IDEAS, AND SET OPERATING POLICIES & PROCEDURES OF THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Noel Hacegaba Chairman | OfficerTrustee | 0.75 | $0 |
Shelli Austin Vice-Chairman | OfficerTrustee | 0.75 | $0 |
Thomas Williams Treasurer | OfficerTrustee | 0.75 | $0 |
Trevor Ash Board Member | Trustee | 0.25 | $0 |
Michael Burton Board Member | Trustee | 0.25 | $0 |
Kevin Lhotak Board Member | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Technology Services Llc Comp. Oper. Support | 12/30/22 | $353,280 |
Jmm Accounting & Financial Support | 12/30/22 | $305,179 |
Intermodal It Consultants It Support | 12/30/22 | $241,450 |
Rinck Advertising Inc Events Services | 12/30/22 | $191,582 |
Freeman Decorating Co Marketing | 12/30/22 | $180,627 |
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 | $12,178,671 |
| Investment income | $392,438 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $29,180 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$318,603 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,572,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $333,550 |
| 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. | $928,290 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,254,672 |
| Pension plan accruals and contributions | $143,170 |
| Other employee benefits | $410,931 |
| Payroll taxes | $190,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110,969 |
| Fees for services: Accounting | $421,266 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $161,973 |
| Fees for services: Other | $1,350,435 |
| Advertising and promotion | $161,380 |
| Office expenses | $439,139 |
| Information technology | $372,738 |
| Royalties | $0 |
| Occupancy | $319,510 |
| Travel | $78,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $762,298 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $264,623 |
| Insurance | $80,178 |
| All other expenses | $37,205 |
| Total functional expenses | $8,887,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,887,801 |
| Savings and temporary cash investments | $7,528,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,361,170 |
| 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 | $146,037 |
| Net Land, buildings, and equipment | $285,326 |
| Investments—publicly traded securities | $9,795,409 |
| Investments—other securities | $8,258,644 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,114,197 |
| Total assets | $33,376,646 |
| Accounts payable and accrued expenses | $884,841 |
| Grants payable | $926,000 |
| Deferred revenue | $5,235,737 |
| 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 | $3,359,306 |
| Total liabilities | $10,405,884 |
| Net assets without donor restrictions | $22,970,762 |
| 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 | $33,376,646 |
Grants Awarded
Over the last fiscal year, Intermodal Association Of North America Inc has awarded $332,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SUNY MARITIME COLLEGE PURPOSE: STUDENT TUITION SUPPORT, CURRICULUM DEV., STUDENT TRAVEL TO INTERMODAL FACILITIES | $60,000 |
UNIVERSITY OF ARKANSAS PURPOSE: STUDENT TUITION SUPPORT, CURRICULUM DEV., STUDENT TRAVEL TO INTERMODAL FACILITIES | $50,000 |
UNIVERSITY OF NORTH FLORIDA PURPOSE: STUDENT TUITION SUPPORT, CURRICULUM DEV., STUDENT TRAVEL TO INTERMODAL FACILITIES | $222,000 |