Southwest Movers Association Inc
- Assets
- $706.3k
- Revenue
- $274.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 03/1947
- Data as of
- 12/2021
- EIN
- 75-0573410
Organization Overview
Southwest Movers Association Inc is located in Austin, TX. The organization was established in 1947. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Movers 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, Southwest Movers Association Inc generated $274.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $273.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 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
ENHANCE AND PROMOTE THE MOVING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION - PRESENTATION AND DISCUSSION OF ISSUES OF SIGNIFICANCE TO MEMBERS WITHIN THE INDUSTRY.
PUBLICATIONS - TO EDUCATE MEMBERS ABOUT CURRENT DEVELOPMENTS WITHIN THE INDUSTRY.
SEMINARS - TO EDUCATE MEMBERS ABOUT REGULATORY COMPLIANCE AND OTHER ISSUES.
FORMS & TARRIFF SALES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Coleman Medina Vice Chairman | OfficerTrustee | 2 | $0 |
Ben Breedlove Chairman | OfficerTrustee | 2 | $0 |
Ted Huseman Secretary - Treasurer | OfficerTrustee | 2 | $0 |
Derrick Potter Director At Large | OfficerTrustee | 2 | $0 |
Francey Beall Immediate Past Chairman | OfficerTrustee | 2 | $0 |
Chris Moucka Tariff | OfficerTrustee | 2 | $0 |
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 | $223,359 |
| Investment income | $4,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,163 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,032 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $274,407 |
| 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. | $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 | $155,640 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,658 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $100 |
| Office expenses | $17,343 |
| Information technology | $20,461 |
| 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 | $51,742 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,416 |
| Insurance | $3,107 |
| All other expenses | $0 |
| Total functional expenses | $273,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,543 |
| Savings and temporary cash investments | $10,583 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $96,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,412 |
| Prepaid expenses and deferred charges | $7,058 |
| Net Land, buildings, and equipment | $7,728 |
| Investments—publicly traded securities | $474,624 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,528 |
| Total assets | $706,253 |
| Accounts payable and accrued expenses | $55,399 |
| Grants payable | $0 |
| Deferred revenue | $41,276 |
| 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 | $20,708 |
| Total liabilities | $117,383 |
| Net assets without donor restrictions | $588,870 |
| 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 | $706,253 |
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