Tree Care Industry Association Foundation Inc
- Assets
- $3.5m
- Revenue
- $303.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Manchester, NH
- Founding
- 09/2006
- Data as of
- 08/2023
- EIN
- 59-3828176
Organization Overview
Tree Care Industry Association Foundation Inc is located in Manchester, NH. The organization was established in 2006. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tree Care Industry Association Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Tree Care Industry Association Foundation Inc generated $303.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $240.9k during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE EDUCATION AND PROFESSIONAL DEVELOPMENT IN THE GREEN INDUSTRY, TO DISSEMINATE INFORMATION KEY TO PRACTITIONERS AND CONSUMERS ABOUT PROPER TREE CARE, TO IMPROVE SAFETY AND REDUCE ACCIDENT RATES IN THE TREE CARE INDUSTRY, AND TO ENGAGE IN ALL LAWFUL ACTIVITIES CONSISTENT WITH THE PRECEDING PURPOSE OF THE FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A LOSS CONTROL PROGRAM WAS BEGUN IN 2009 TO REDUCE ACCIDENTS AND INCREASE SAFETY IN THE INDUSTRY. THE LOSS CONTROL PROGRAM IS FUNDED THROUGH A PAYMENT MADE BY TREE CARE INDUSTRY ASSOCIATION, INC. (TCIA) OF 50% OF THE ROYALTIES IT RECEIVES FROM THE ARBORMAX INSURANCE PROGRAM.
THE FOUNDATION ALSO HAS OTHER MISCELLANEOUS ACTIVITY INTENDED TO SUPPORT THE TREE CARE INDUSTRY.
THE ARBORIST SAFETY TRAINING INSTITUTE ENDOWMENT WAS ESTABLISHED IN 2014, A PORTION OF THE EARNINGS FROM THE ENDOWMENT WILL PROVIDE LOW COST AND IN SOME INSTANCES FREE SAFETY TRAINING AND EDUCATION TO MINIMIZE INJURIES AND PROMOTE OVERALL WORKFORCE SAFETY THAT IS CRITICAL FOR THE TREE CARE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
August Hoppe Chair | OfficerTrustee | 0.5 | $0 |
Tom Prosser Vice Chair | OfficerTrustee | 0.5 | $0 |
Noel Boyer Treasurer | OfficerTrustee | 0.5 | $0 |
Andy Felix Trustee | Trustee | 0.5 | $0 |
Jim Houston Trustee | Trustee | 0.5 | $0 |
Scott Prophett Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $133,094 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,094 |
| Total Program Service Revenue | $153,708 |
| Investment income | $70,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,213 |
| Net Income from Fundraising Events | -$40,795 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,639 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $28,181 |
| Fees for services: Legal | $636 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,423 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $163 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $240,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $975,587 |
| Savings and temporary cash investments | $305,390 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,449 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,236,997 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,528,423 |
| Accounts payable and accrued expenses | $141,127 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $141,127 |
| Net assets without donor restrictions | $1,420,842 |
| Net assets with donor restrictions | $1,966,454 |
| 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 | $3,528,423 |