North Texas Customs Brokers & Foreign Freight Forwarders Assoc
- Assets
- $8.5k
- Revenue
- $12.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Dfw Airport, TX
- Founding
- 02/1982
- Data as of
- 12/2016
- EIN
- 75-1721672
Organization Overview
North Texas Customs Brokers & Foreign Freight Forwarders Assoc is located in Dfw Airport, TX. The organization was established in 1982. 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. North Texas Customs Brokers & Foreign Freight Forwarders Assoc 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 12/2016, North Texas Customs Brokers & Foreign Freight Forwarders Assoc generated $12.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $15.9k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 2 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
NORTH TEXAS CUSTOMS BROKERS AND FREIGHT FORWARDERS ASSOCIATION IS DEDICATED TO THE INTEGRITY OF THE CUSTOMS BROKERAGE AND FREIGHT INDUSTRIES WITH AN EMPHASIS ON COMPLIANCE, EDUCATION AND PROTECTION OF IMPORTERS AND EXPORTERS AND THE INDUSTRY AS A WHOLE BEING OF THE HIGHEST PRIORITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATIONS ACTIVITIES INCLUDE THE DISPERSING OF INFORMATION AND NOTICES TO ITS MEMBERS, WHILE ACTING AS A GATEWAY FOR COMMUNICATION WITH CUSTOMS. THE ASSOCIATIONS COMMITTEES WORK TO BEHAVE AS A LIASON BETWEEN THE INDUSTRY AND CARRIERS, AS WELL AS PROMOTE COMPLIANCE THROUGH EDUCATION AND SEMINARS. THE ASSOCIATION ALSO WORKS ACTIVELY TO SUPPORT NCBFAA AND THE CERTIFIED CUSTOMS SPECIALISTS PROGRAM. THE FUTURE FOR NTCBFFA IS FOCUSED ON RECRUITING MORE NEW MEMBERS IN ORDER TO BUILD A FUNCTIONAL NETWORK WHICH WILL HELP TO PROMOTE THE DFW REGION AS A VIABLE PORT OF ENTRY. THE ASSOCIATION CONTINUES TO STRENGTHEN ITS RELATIONSHIP WITH US CUSTOMS AND BORDER PROTECTION, AS WELL AS PGA'S, TSA AND HOMELAND SECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Trout President | Officer | 5 | $0 |
Jodi Flynn Treasurer | Officer | 5 | $0 |
Doug Peaden Vice President | Officer | 5 | $0 |
Meloney Norris Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,267 |
| 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 | $12,267 |
| Total Program Service Revenue | $0 |
| 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 | $12,267 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $659 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $580 |
| 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 | $13,288 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,400 |
| Total functional expenses | $15,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,491 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $8,491 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $8,491 |
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