Texas Telephone Association
- Assets
- $559.7k
- Revenue
- $833.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Austin, TX
- Founding
- 07/1945
- Data as of
- 12/2021
- EIN
- 74-0944310
Organization Overview
Texas Telephone Association is located in Austin, TX. The organization was established in 1945. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Telephone 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 12/2021, Texas Telephone Association generated $833.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $844.4k during the year ending 12/2021. While expenses have increased by 8.2% 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
TO PROMOTE AND ENHANCE THE PERFORMANCE OF EACH MEMBER COMPANY AND PROTECT THE INTEGRITY OF THE LOCAL EXCHANGE TELEPHONE INDUSTRY AND THE SERVICES OFFERED WITHIN EACH COMPANY'S CERTIFICATED EXCHANGE AREAS WITH THE STATE OF TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXAS TELEPHONE ASSOCIATION (TTA) CONDUCTS AN ANNUAL CONVENTION EACH FALL FOR ITS 59 MEMBER COMPANIES AND ASSOCIATE MEMBERS. THIS ANNUAL EVENT PROVIDES AN OPPORTUNITY FOR COLLEAGUES TO GATHER, EXCHANGE IDEAS, AND SHARE INFORMATION ABOUT THE INDUSTRY. VARIOUS SEMINARS AND WORKSHOPS ARE ALSO HELD THROUGHOUT THE YEAR IN RESPONSE TO THE EDUCATION NEEDS OF TTA'S MEMBERS.
THE TEXAS TELEPHONE ASSOCIATION (TTA) MAINTAINS A PROGRAM OF ADVOCACY BEFORE THE LEGISLATIVE AND EXECUTIVE BRANCHES OF STATE GOVERNMENT, THE PUBLIC UTILITY COMMISSION OF TEXAS, AND NUMEROUS OTHER STATE REGULATORY AGENCIES. TTA ALSO MAINTAINS CLOSE TIES TO VARIOUS NATIONAL ASSOCIATIONS IN MONITORING ISSUES ON THE FEDERAL LEVEL. ADDITIONALLY THE ASSOCIATION ENCOURAGES ITS MEMBERS TO ACTIVELY PARTICIPATE IN THE ELECTORAL PROCESS AND TO CHOOSE REPRESENTATIVES WHO WILL BEST SERVE THE INTERESTS OF ALL TEXANS THROUGH ITS POLITICAL ACTION COMMITTEE (TTAPAC). TTAPAC STRIVES TO MAXIMIZE THE INDUSTRIES IMPACT WITH STATEWIDE AND LEGISLATIVE CANDIDATES AND SEEKS TO STRENGTHEN THE RELATIONSHIP BETWEEN LEADERS OF THE TEXAS TELECOMMUNICATION INDUSTRY AND OUR ELECTED OFFICIALS.
THE TEXAS TELEPHONE ASSOCATION SERVES IN A PUBLIC RELATIONS ROLE ON BEHALF OF ITS 27 MEMBER COMPANIES, CONSTANTLY STRIVING TO MAINTAIN AN IMAGE OF SERVICE AND DEDICATION. STAFF MEMBERS STAY IN CONTACT WITH INDUSTRY AND TRADE PRESS, AND NEWS RELEASES ON CURRENT INDUSTRY ISSUES ARE WIDELY DISTRIBUTED TO PRINT AND BROADCAST MEDIA ACROSS THE STATE AS RELEVANT EVENTS OCCUR.
TTA COMMUNICATES TO ITS MEMBERS THROUGH VARIOUS PUBLICATIONS. TTA WORKS TO MAINTAIN ITS MEMBERS AWARENESS OF CURRENT EVENTS AND DEVELOPMENTS THROUGH WEEKLY MEMBER UPDATE REPORTS DETAILING THE LATEST INDUSTRY RELATED DEVELOPMENTS AND A CALENDAR OF INDUSTRY EVENTS. PERIODICAL BULLETINS ARE ALSO SENT TO ALL ACTIVE MEMBERS. TTA PROVIDES AN ANNUAL MEMBER HANDBOOK PROVIDING A DETAILED LOOK AT THE ASSOCIATION AND ITS MEMBERS INCLUDING A DIRECTORY OF ALL CURRENT MEMBERS AND ASSOCIATE MEMBERS. LASTLY, TTA PREPARES A FULL COLOR, UP TO DATE MAP OF THE LOCAL INCUMBENT EXCHANGE SERVICE AREAS IN TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Seale Executive Director | Officer | 40 | $150,000 |
Charlie Greenberg Vice President | OfficerTrustee | 2 | $0 |
Rusty Moore President | OfficerTrustee | 1 | $0 |
Jennifer Prather Secretary | OfficerTrustee | 1 | $0 |
Dave Osborn Treasurer | OfficerTrustee | 5 | $0 |
Steven Steele Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Naman Howell Smith & Lee Pllc Legal Fees | 12/30/21 | $159,234 |
Premier Consultants Legislative Lobbying | 12/30/21 | $108,000 |
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 | $833,075 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $833,075 |
| 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. | $163,500 |
| 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 | $11,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $159,234 |
| Fees for services: Accounting | $26,000 |
| Fees for services: Lobbying | $108,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,600 |
| Office expenses | $11,016 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,000 |
| Travel | $2,092 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $302,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,697 |
| All other expenses | $6,487 |
| Total functional expenses | $844,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $221,015 |
| 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 | $25,914 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,850 |
| Total assets | $559,709 |
| Accounts payable and accrued expenses | $190,991 |
| Grants payable | $0 |
| Deferred revenue | $291,250 |
| 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 | $482,241 |
| Net assets without donor restrictions | $77,468 |
| 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 | $559,709 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Telephone Association has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Texas Communications Expo Inc Sherman, IL PURPOSE: Scholarships | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mexico Oil & Gas Association Santa Fe, NM | $3,654,232 | $5,267,137 |
Texas International Produce Association Inc Mission, TX | $1,605,651 | $2,337,033 |
Texas Telephone Association Austin, TX | $559,709 | $833,075 |
Texas Propane Gas Association Austin, TX | $1,362,831 | $947,289 |
Association For Responsible Alternatives To Workers Compensati Austin, TX | $368,493 | $434,500 |
Cfa Society Of Houston Houston, TX | $693,016 | $283,628 |
Social Ecological Economic Development Corporation Duncan, OK | $9,980 | $0 |
South Texas Geological Society San Antonio, TX | $158,045 | $0 |
New Mexico Press Association Inc Albuquerque, NM | $164,305 | $0 |
Louisiana Flagship Coalition Baton Rouge, LA | $19,160 | $0 |