Alliance For Automotive Innovation
- Assets
- $24.4m
- Revenue
- $29.0m
- Investments
- $559.9k
- Employees
- 45
- Location
- Washington, DC
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 52-2143968
Organization Overview
Alliance For Automotive Innovation is located in Washington, DC. The organization was established in 2000. 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 12/2023, Alliance For Automotive Innovation employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Automotive Innovation 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 12/2023, Alliance For Automotive Innovation generated $29.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $28.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Alliance For Automotive Innovation has awarded 102 individual grants totaling $6,918,298. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRADE ASSOCIATION FOR THE AUTOMOTIVE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY: TO WORK WITH MEMBER COMPANIES ON POLICY DEVELOPMENT ON A VARIETY OF ENVIRONMENTAL, VEHICLE SAFETY, AND TECHNOLOGY INNOVATION ISSUES.
ADVOCACY AND COMMUNICATION: TO WORK WITH MEMBER COMPANIES ON LEGISLATIVE AND REGULATORY ISSUES AFFECTING THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Nelson Chair | Trustee | 1 | $0 |
Pablo Di Si Chair, Audit And Finance Committee | Trustee | 1 | $0 |
Mark Stewart Chair, Strategic Planning Committee | Trustee | 1 | $0 |
Jose Munoz Vice Chair | Trustee | 1 | $0 |
Kumar Galhotra Director | Trustee | 1 | $0 |
Steven Center Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hogan Lovells Us Llp Legal Services | 12/30/23 | $977,330 |
Forbes Tate Partners Llc Public Affairs Consultant | 12/30/23 | $411,500 |
Mayer Brown Llp Legal Services | 12/30/23 | $389,721 |
Kirkland And Ellis Llp Legal Services | 12/30/23 | $277,667 |
Saybolt Lp Technical Consultant | 12/30/23 | $460,620 |
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 | $27,974,557 |
| Investment income | $313,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,031 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,981,369 |
| 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. | $3,884,219 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,245,689 |
| Pension plan accruals and contributions | $1,469,486 |
| Other employee benefits | $885,139 |
| Payroll taxes | $514,270 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,013,288 |
| Fees for services: Accounting | $257,059 |
| Fees for services: Lobbying | $3,055,649 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $51,008 |
| Fees for services: Other | $4,848,106 |
| Advertising and promotion | $106,989 |
| Office expenses | $229,452 |
| Information technology | $521,752 |
| Royalties | $0 |
| Occupancy | $1,623,549 |
| Travel | $430,881 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,319,245 |
| Interest | $2,257 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $295,400 |
| Insurance | $173,115 |
| All other expenses | -$8,931 |
| Total functional expenses | $28,418,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,047,954 |
| Savings and temporary cash investments | $1,366,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $709,100 |
| 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 | $537,333 |
| Net Land, buildings, and equipment | $2,126,957 |
| Investments—publicly traded securities | $11,104,374 |
| Investments—other securities | $559,883 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,988,543 |
| Total assets | $24,440,206 |
| Accounts payable and accrued expenses | $4,152,576 |
| Grants payable | $0 |
| Deferred revenue | $596,817 |
| 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 | $10,765,835 |
| Total liabilities | $15,515,228 |
| Net assets without donor restrictions | $8,924,978 |
| 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 | $24,440,206 |
Grants Awarded
Over the last fiscal year, Alliance For Automotive Innovation has awarded $2,649,503 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
COALITION FOR SAFE AND SECURE DATA PURPOSE: To oppose a Massachusetts ballot question that grants third parties access to consumer vehicles and driving data. | $1,236,703 |
AUTOMOTIVE COALITION FOR TRAFFIC SAFETY INC PURPOSE: In-kind contribution to ACTS to support the work of the organization | $1,000,000 |
REPUBLICAN GOVERNORS ASSOCIATION PURPOSE: To support the work of the organization | $125,000 |
NATIONAL ACADEMY OF ENGINEERING FUND PURPOSE: To support the work of the organization | $50,000 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: To support the Energy and Environment Policy Research | $40,000 |
SECURING AMERICA'S FUTURE ENERGY FOUNDATION PURPOSE: To support the work of the organization | $30,000 |