Downtown Fort Lauderdale Transportation Management Associat
- Assets
- $392.1k
- Revenue
- $144.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Fort Lauderdale, FL
- Founding
- 12/1993
- Data as of
- 09/2021
- EIN
- 65-0435161
Organization Overview
Downtown Fort Lauderdale Transportation Management Associat is located in Fort Lauderdale, FL. The organization was established in 1993. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Downtown Fort Lauderdale Transportation Management Associat employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Fort Lauderdale Transportation Management Associat 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 09/2021, Downtown Fort Lauderdale Transportation Management Associat generated $144.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.2%) each year. All expenses for the organization totaled $245.2k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (29.5%) per year over the past 6 years. 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
OPERATION OF PUBLIC TROLLEY ROUTES IN FORT LAUDERDALE, FLORIDA IN ORDER TO REDUCE TRAFFIC CONGESTION AND DEMAND ON PUBLIC PARKING AND TO PROVIDE ALTERNATIVE COMMUTER SERVICE TO DOWNTOWN WORKERS, LOWER INCOME AND ELDERLY RESIDENTS, AND TOURISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE REPORTING PERIOD, TMA PUBLIC TRANSPORTATION ROUTES ARE MEASURED BY MEETING OUTCOMES SET FORTH IN GRANT AGREEMENTS AND REACHING OBJECTIVES SET BY THE TMA BOARD OF DIRECTORS. THE REQUIRED MINIMUM RIDERSHIP/HOUR TO MAINTAIN COMMUNITY BUS GRANT FUNDING IS 7.1 PASSENGERS PER REVENUE HOUR.ACTUAL ANNUAL RIDERSHIP WAS 10.7 PASSENGERS PER REVENUE HOUR, OR 260,222 TOTAL PASSENGERS FOR THIS REPORTING PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Chiarelli Executive Director | Officer | 40 | $102,766 |
Greg Stuart Chair | OfficerTrustee | 4 | $0 |
Joey Epstein Treasurer | OfficerTrustee | 4 | $0 |
Stephanie Toothaker Secretary | OfficerTrustee | 4 | $0 |
Melissa Milroy Board Member | Trustee | 4 | $0 |
Ben Sorensen Board Member | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
First Transit Trolley Service | 9/29/20 | $1,248,989 |
Water Taxi Of Fort Lauderdale Water Taxi Service | 9/29/20 | $188,407 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,230 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,118 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,348 |
| Total Program Service Revenue | $1,051 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,703 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,717 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,819 |
| 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. | $97,821 |
| Compensation of current officers, directors, key employees. | $97,821 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,945 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,979 |
| Payroll taxes | $7,866 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $564 |
| Office expenses | $3,298 |
| Information technology | $2,340 |
| 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 | $1,188 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,519 |
| Insurance | $1,140 |
| All other expenses | $604 |
| Total functional expenses | $245,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $386,065 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,990 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $392,055 |
| Accounts payable and accrued expenses | $2,461 |
| 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 | $26,387 |
| Other liabilities | $0 |
| Total liabilities | $28,848 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $233,376 |
| Paid-in or capital surplus, or land, building, or equipment fund | $129,831 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $392,055 |
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