National Private Truck Council Inc
- Assets
- $5.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Arlington, VA
- Founding
- 04/1990
- Data as of
- 09/2022
- EIN
- 54-1426196
Organization Overview
National Private Truck Council Inc is located in Arlington, VA. The organization was established in 1990. 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 09/2022, National Private Truck Council Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Private Truck Council 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 09/2022, National Private Truck Council Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $2.8m during the year ending 09/2022. 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
REPRESENT & SERVE THE EDUCATION & ADVOCACY NEEDS OF THE PRIVATE MOTOR TRUCK FLEET INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: MEMBERSHIP IN NATIONAL PRIVATE TRUCK COUNCIL (NPTC) PROVIDES INDUSTRY REPRESENTATIVES WITH TOOLS TO BETTER COMMUNICATE ABOUT, ADVOCATE FOR AND EDUCATE ON ISSUES RELATED TO THE EFFICIENT OPERATION OF A PRIVATE TRUCK FLEET. NPTC HAS APPROXIMATELY 550 CORPORATE MEMBERS AND AN ESTIMATED 3,000-PLUS PARTICIPATING INDIVIDUALS FROM THOSE COMPANIES.
ANNUAL CONFERENCE & EXHIBITION:THE ANNUAL CONFERENCE AND EXHIBITION PROVIDES A FORUM FOR DISCUSSING INDUSTRY ISSUES AND BEST PRACTICES IN FURTHERANCE OF OUR MISSION. THERE IS ALSO A NETWORKING EXHIBITION OF INDUSTRY SUPPLIER PRODUCTS AND SERVICES. THE EVENT ATTRACTS SOME 1,250 INDIVIDUAL PARTICIPATING ATTENDEES FROM OVER 350 COMPANIES AND ABOUT 175 EXHIBITORS.
NATIONAL SAFETY CONFERENCE:THE ANNUAL NATIONAL SAFETY CONFERENCE IS AN INTENSIVE EDUCATIONAL PROGRAM FOCUSED EXCLUSIVELY ON TRUCK FLEET SAFETY AND COMPLIANCE ISSUES. THE CONFERENCE ATTRACTS SOME 325 INDIVIDUAL PARTICIPATING ATTENDEES FROM OVER 100 COMPANIES AND ABOUT 50 EXHIBITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Petty President & CEO | Officer | 45 | $475,729 |
George Mundell Exec Vice President & COO | Officer | 45 | $386,580 |
Thomas Moore Executive Vice President | Officer | 45 | $322,409 |
Charles Amen Chair - Beginning 04/2022 | OfficerTrustee | 1 | $0 |
David Barth Vice-Chair | OfficerTrustee | 1 | $0 |
Michael Schwersenska Chair - Until 04/2022 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Omni Jacksonville Hotel Catering & Event | 9/29/21 | $102,203 |
Richard P Schweitzer Pllc Legal & Govt Affairs | 9/29/21 | $222,231 |
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 | $2,596,658 |
| Investment income | $6,271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $20,000 |
| Net Rental Income | $0 |
| 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 | $2,622,929 |
| 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. | $1,385,288 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,378 |
| Pension plan accruals and contributions | $14,188 |
| Other employee benefits | $44,229 |
| Payroll taxes | $63,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,734 |
| Fees for services: Accounting | $38,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $252,826 |
| Advertising and promotion | $11,999 |
| Office expenses | $89,962 |
| Information technology | $31,840 |
| Royalties | $0 |
| Occupancy | $14,746 |
| Travel | $72,220 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $522,784 |
| Interest | $176 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,202 |
| Insurance | $29,029 |
| All other expenses | $0 |
| Total functional expenses | $2,765,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,025,799 |
| Savings and temporary cash investments | $4,074,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,180 |
| 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 | $67,147 |
| Net Land, buildings, and equipment | $12,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $255,901 |
| Total assets | $5,444,769 |
| Accounts payable and accrued expenses | $299,384 |
| Grants payable | $0 |
| Deferred revenue | $682,757 |
| 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 | $3,556,522 |
| Total liabilities | $4,538,663 |
| Net assets without donor restrictions | $906,106 |
| 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 | $5,444,769 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |