National Motor Freight Traffic Association Inc
- Assets
- $57.2m
- Revenue
- $14.9m
- Investments
- $0.0
- Employees
- 29
- Location
- Alexandria, VA
- Founding
- 12/1972
- Data as of
- 06/2022
- EIN
- 52-6043793
Organization Overview
National Motor Freight Traffic Association Inc is located in Alexandria, VA. The organization was established in 1972. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, National Motor Freight Traffic Association Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Motor Freight Traffic 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 06/2022, National Motor Freight Traffic Association Inc generated $14.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $8.9m during the year ending 06/2022. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION WAS FORMED FOR THE PURPOSE OF SEVING AS AN EDUCATIONAL, SCIENTIFIC AND RESEARCH, COMMERCIAL AND TRADE ORGANIZATION FOR MOTOR CARRIERS. THE ASSOCIATION PUBLISHES TARIFFS AND STANDARDS ON BEHALF OF TRANSPORTATION COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHING AND MAINTAINING STANDARD CARRIER ALPHA CODES FOR TRANSPORTATION COMPANIES OF ALL MODES TO FACILITATE COMPUTERIZATION IN THE TRANSPORTATION INDUSTRY; PUBLISHING THE NATIONAL MOTOR FREIGHT CLASSIFICATION FOR LESS-THAN-TRUCKLOAD MOTOR CARRIERS AND THEIR CUSTOMERS; PUBLISHING AND MAINTAINING STANDARD POINT LOCATION CODES FOR THE IDENTIFICATION OF POINTS THAT ORIGINATE AND RECEIVE TRANSPORTATION IN NORTH AMERICA TO FACILITATE COMPUTERIZATION IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Sparks Executive Director | OfficerTrustee | 40 | $0 |
Edward J Marsh Chairman | OfficerTrustee | 2 | $0 |
Mike Morgan Vice Chairman | OfficerTrustee | 2 | $0 |
Tim Vander Pol Treasurer | OfficerTrustee | 1 | $0 |
Sheri Frieze Director At Large | Trustee | 1 | $0 |
Lesley Veldstra Killingsworth Director At Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pj Dugent Consulting Llc Executive Consultant | 6/29/22 | $210,374 |
John R Bagileo General Counsel | 6/29/22 | $174,238 |
Eisen & Shapiro Legal Services | 6/29/22 | $156,061 |
Topper & Associates Llc Packaging Consultant | 6/29/22 | $139,752 |
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 | $12,029,608 |
| Investment income | $2,319,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $207,702 |
| Net Rental Income | $190,069 |
| Net Gain/Loss on Asset Sales | $151,366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,918,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $156,859 |
| Grants and other assistance to domestic individuals. | $2,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,514,530 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $936,470 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $165,656 |
| Payroll taxes | $197,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $236,542 |
| Fees for services: Accounting | $47,202 |
| Fees for services: Lobbying | $9,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $357,379 |
| Fees for services: Other | $1,036,992 |
| Advertising and promotion | $23,367 |
| Office expenses | $107,259 |
| Information technology | $1,120,148 |
| Royalties | $0 |
| Occupancy | $327,304 |
| Travel | $75,781 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,991 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $461,889 |
| Insurance | $44,265 |
| All other expenses | $95,133 |
| Total functional expenses | $8,873,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $758,106 |
| Savings and temporary cash investments | $8,474,877 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,729 |
| 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 | $244,931 |
| Net Land, buildings, and equipment | $4,963,139 |
| Investments—publicly traded securities | $40,185,908 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,568,333 |
| Other assets | $0 |
| Total assets | $57,212,023 |
| Accounts payable and accrued expenses | $1,014,324 |
| Grants payable | $0 |
| Deferred revenue | $8,845,459 |
| 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 | $12,500 |
| Total liabilities | $9,872,283 |
| Net assets without donor restrictions | $47,339,740 |
| 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 | $57,212,023 |
Grants Awarded
Over the last fiscal year, National Motor Freight Traffic Association Inc has awarded $234,666 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TULSA PURPOSE: A sponsored research grant following an accepted proposal for "Student Research Experience in Heavy Vehicle Cyber Security" The program is under the direct supervision of senior faculty. The University has the right to publish materials resulting from the program. NMFTA works closely with the program to monitor its progress and results. | $32,277 |
COLORADO STATE UNIVERSITY PURPOSE: A sponsored research grant following an accepted proposal for "Student Research Experience in Heavy Vehicle Cyber Security" The program is under the direct supervision of senior faculty. The University has the right to publish materials resulting from the program. NMFTA works closely with the program to monitor its progress and results. | $16,592 |
NCC GROUP SECURITY SERVICES INC PURPOSE: Research to develop an industry best practices paper for securing supply chain specifically to securing a robust ECU provisioning system as applied to the heavy truck industry | $30,797 |
KUDU DYNAMICS PURPOSE: Ongoing project to develop and maintain website with information on hacking of trucks. | $130,000 |
GRIMM PURPOSE: Grant to fund purchase of an AS/400 servicer to facilitate cyber security research on a platform heavily used in the trucking industry | $10,000 |
LCANBUSHACK PURPOSE: Support for development of research paper on remote disablement of heavy vehicles. This paper is not available for general use due to sensitivity | $15,000 |