International Bridge Tunnel And Turnpike Association
- Assets
- $6.7m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 15
- Location
- Washington, DC
- Founding
- 07/1944
- Data as of
- 12/2022
- EIN
- 53-0259945
Organization Overview
International Bridge Tunnel And Turnpike Association is located in Washington, DC. The organization was established in 1944. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2022, International Bridge Tunnel And Turnpike Association employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Bridge Tunnel And Turnpike 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 12/2022, International Bridge Tunnel And Turnpike Association generated $7.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $6.1m during the year ending 12/2022. While expenses have increased by 4.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INTERNATIONAL BRIDGE, TUNNEL & TURNPIKE ASSOCIATION IS THE WORLDWIDE ALLIANCE OF TOLL OPERATORS AND ASSOCIATED INDUSTRIES THAT PROVIDES A FORUM FOR SHARING KNOWLEDGE AND IDEAS TO PROMOTE AND ENHANCE TOLL FINANCED TRANSPORTATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND KNOWLEDGE SHARING - IBTTA'S PRIORITY IS HELPING MEMBERS STAY ABREAST OF TRENDS THAT WILL SEE THE TOLL INDUSTRY EMERGE AS ONE OF THE MOST IMPORTANT FORCES IN HIGHWAY FINANCE AND OPERATIONS AROUND THE WORLD. FINANCE SUMMITS, MEETINGS (BOTH IN-PERSON AND VIRTUAL), EXHIBITIONS AND WORKSHOPS ARE HELD THROUGHOUT THE YEAR.
GOVERNMENT AFFAIRS - IBTTA'S GOVERNMENT AFFAIRS ARM ADVOCATES FOR A POLITICAL ENVIRONMENT THAT FOSTERS THE GROWTH AND WIDESPREAD ADOPTION OF TOLLING AS A VIABLE MEANS TO FUND AND FINANCE ROAD, BRIDGE AND TUNNEL INFRASTRUCTURES.
TOLLMINER ALLOWS MEMBERS TO VIEW, ANALYZE AND MINE INDUSTRY DATA TO EMPOWER THEIR ORGANIZATIONS. THE PLATFORM IS FOCUSED ON TOLL OPERATORS AND THE FACILITIES THEY OPERATE, AND WILL BE CONTINUALLY EVOLVING TO ADD MORE DATA POINTS AND CORRESPONDING VISUALIZATIONS. CURRENT DATA INCLUDES GENERAL FACTS ABOUT THE TOLLING INDUSTRY, PRICED MANAGED LANES, TRAFFIC AND REVENUE FOR TOLL OPERATORS, AND A DETAILED REVIEW OF TOLL FACILITIES. RECOGNIZING THAT THE TOLL INDUSTRY IS VAST AND VARIED, TOLLMINER IS BEING BUILT USING A CROWD SOURCING APPROACH. IBTTA IS ENGAGING WITH THE INDUSTRY TO VALIDATE AND SUGGEST ADDITIONS TO THE DATA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Gutierrez-Scaccetti President | OfficerTrustee | 4 | $0 |
Mark Compton Immediate Past President | OfficerTrustee | 4 | $0 |
Andrew Fremier First Vice President | OfficerTrustee | 4 | $0 |
Bill Halkias Second Vice President | OfficerTrustee | 4 | $0 |
Rene Moser International Vice President | OfficerTrustee | 4 | $0 |
Ferzan Ahmed Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rolling Storm Data Systems Development | 12/30/22 | $281,718 |
Crescent Event Productions Inc Meeting Audio/visual Services | 12/30/22 | $142,578 |
Wts Events Inc Meeting Audio/visual Services | 12/30/22 | $126,696 |
Catherine M Pennington Cpa Llc Accounting | 12/30/22 | $118,130 |
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 | $6,865,006 |
| Investment income | $104,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $24,554 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,978 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,004,618 |
| 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. | $1,153,162 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,391,408 |
| Pension plan accruals and contributions | $70,803 |
| Other employee benefits | $227,419 |
| Payroll taxes | $152,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,983 |
| Fees for services: Accounting | $143,012 |
| Fees for services: Lobbying | $72,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,733 |
| Fees for services: Other | $95,131 |
| Advertising and promotion | $69,719 |
| Office expenses | $125,946 |
| Information technology | $237,955 |
| Royalties | $0 |
| Occupancy | $20,046 |
| Travel | $77,465 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,853,327 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179,621 |
| Insurance | $30,120 |
| All other expenses | $889 |
| Total functional expenses | $6,128,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,299,147 |
| Savings and temporary cash investments | $1,874,821 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,512 |
| 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 | $82,325 |
| Net Land, buildings, and equipment | $396,502 |
| Investments—publicly traded securities | $2,888,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $61,807 |
| Total assets | $6,690,843 |
| Accounts payable and accrued expenses | $314,746 |
| Grants payable | $0 |
| Deferred revenue | $1,486,466 |
| 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 | $1,801,212 |
| Net assets without donor restrictions | $4,889,631 |
| 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 | $6,690,843 |