Florida Trucking Association Inc
- Assets
- $2.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Tallahassee, FL
- Founding
- 01/1946
- Data as of
- 12/2021
- EIN
- 59-0248607
Organization Overview
Florida Trucking Association Inc is located in Tallahassee, FL. The organization was established in 1946. 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 12/2021, Florida Trucking Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Trucking 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 12/2021, Florida Trucking Association Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE INTERESTS, IMAGE, AND SAFETY OF FLORIDA'S TRUCKING COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FLORIDA TRUCK DRIVING CHAMPIONSHIPS WAS CANCELLED IN 2021 DUE TO COVID. FLORIDA TRUCK DRIVING CHAMPIONSHIPS - THIS PROGRAM IS ONE OF THE ASSOCIATION'S MOST RECOGNIZED SAFETY-ORIENTED EDUCATIONAL EVENTS. THIS ANNUAL EVENT PROVIDES FTA'S BEST TRUCK DRIVERS AN OPPORTUNITY TO DEMONSTRATE THEIR KNOWLEDGE OF SAFE DRIVING PRACTICES AND THEIR SKILLS IN HANDLING DIFFERENT TYPES OF COMMERCIAL MOTOR VEHICLES. MORE THAN 300 PROFESSIONAL TRUCK DRIVERS, WHO HAVE AN ACCIDENT- FREE RECORD FOR ONE YEAR, HAD COMPETED IN THE 2019 FLORIDA TRUCK DRIVING CHAMPIONSHIPS. OUT OF ALL THE COMPETITORS, ONE TOP WINNER EMERGES AND IS RECOGNIZED WITH THE GRAND CHAMPION AWARD.
ANNUAL CONFERENCE - THIS EVENT IS THE LARGEST AND MOST PROMINENT EDUCATIONAL FORUM HELD BY THE ASSOCIATION ON AN ANNUAL BASIS. THE CONFERENCE PROVIDES A UNIQUE OPPORTUNITY FOR MORE THAN 400 LEADERS FROM FLORIDA'S TRUCKING INDUSTRY TO ASSEMBLE AND LEARN ABOUT IMPORTANT ISSUES AFFECTING FLORIDA'S TRUCKING AND TRANSPORTATION INDUSTRY. THE MISSION OF THE CONFERENCE IS TO RECHARGE THE MEMBERS AND HELP THEM PREPARE TO MEET THE MANY CHALLENGES, AS WELL AS OPPORTUNITIES, THAT LIE AHEAD FOR THE TRUCKING INDUSTRY.
SAFETY MANAGEMENT COUNCIL (SMC) - THE MISSION OF FLORIDA TRUCKING ASSOCIATION'S SAFETY MANAGEMENT COUNCIL (SMC) IS TO PROMOTE SAFETY WITHIN AND BEYOND FLORIDA'S MOTOR CARRIER INDUSTRY BY CREATING A FORUM FOR SAFETY PROFESSIONALS TO NETWORK, SHARE INFORMATION ABOUT INDUSTRY BEST PRACTICES, AND HOST EDUCATIONAL PROGRAMS AND EVENTS. THE SMC'S INITIATIVES INCLUDE THE FLORIDA TRUCK DRIVING CHAMPIONSHIPS, THE SAFETY MANAGEMENT COUNCIL AWARDS, VOLUNTARY VEHICLE INSPECTIONS, AND DRIVER APPRECIATION EVENTS. TECHNOLOGY & MAINTENANCE COUNCIL (TMC) - THE MISSION OF FLORIDA TRUCKING ASSOCIATION'S TECHNOLOGY AND MAINTENANCE COUNCIL (TMC) IS TO PROMOTE INDUSTRY BEST PRACTICES AND CONTINUALLY IMPROVE INDIVIDUAL APTITUDE IN TECHNOLOGY AND MAINTENANCE TO FURTHER TRUCKING EQUIPMENT AND TRANSPORTATION EFFICIENCIES ACROSS FLORIDA. TMC INCLUDES THE MOST RESPECTED PROFESSIONALS FROM MULTIPLE SECTORS OF THE TRUCKING INDUSTRY, INCLUDING FLEETS, EQUIPMENT SUPPLIERS, AND SERVICE PROVIDERS. THIS STRONG NETWORK JOINS TOGETHER TO PROVIDE FTA MEMBERS WITH PROFESSIONAL DEVELOPMENT, NETWORKING, AND LEADERSHIP OPPORTUNITIES.
FTA FALL ROUND-UP - THIS ONE-DAY MEETING PROVIDES EDUCATIONAL PROGRAMS COVERING SAFETY ISSUES, REGULATORY UPDATES, LEGAL UPDATES, AND TECHNICAL TRAINING FOR FTA MEMBERS IN A PROFESSIONAL NETWORKING ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth S Armstrong Jr Pres & Ceo-T | Officer | 40 | $200,054 |
Alix P Miller Pres & Ceo-A | Officer | 40 | $133,679 |
Philip Fulmer Chairman/imm | OfficerTrustee | 0.5 | $0 |
Carlos Currlin Treas/vice C | OfficerTrustee | 0.5 | $0 |
Melissa Ernst Vice Chr | OfficerTrustee | 0.5 | $0 |
Mike Cobb Sec/2nd Vice | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $196,574 |
| 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 | $196,574 |
| Total Program Service Revenue | $1,016,926 |
| Investment income | $30,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $27 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $78,506 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,359,455 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,302 |
| 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. | $346,384 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,695 |
| Pension plan accruals and contributions | $3,349 |
| Other employee benefits | $18,160 |
| Payroll taxes | $33,885 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,165 |
| Fees for services: Lobbying | $45,677 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,550 |
| Fees for services: Other | $553 |
| Advertising and promotion | $950 |
| Office expenses | $45,478 |
| Information technology | $29,724 |
| Royalties | $0 |
| Occupancy | $23,897 |
| Travel | $9,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $274,928 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,428 |
| Insurance | $14,149 |
| All other expenses | $3,131 |
| Total functional expenses | $1,130,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,837 |
| Savings and temporary cash investments | $125,317 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,658 |
| 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 | $41,696 |
| Net Land, buildings, and equipment | $17,446 |
| Investments—publicly traded securities | $1,637,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,122,799 |
| Accounts payable and accrued expenses | $4,607 |
| Grants payable | $0 |
| Deferred revenue | $107,477 |
| 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 | $112,084 |
| Net assets without donor restrictions | $2,010,715 |
| 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 | $2,122,799 |
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