Oklahoma Transit Association
- Assets
- $857.6k
- Revenue
- $167.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 06/1987
- Data as of
- 12/2022
- EIN
- 75-2129006
Organization Overview
Oklahoma Transit Association is located in Oklahoma City, OK. The organization was established in 1987. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Transit Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Oklahoma Transit Association generated $167.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $230.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRAINING AND SUPPORT TO PUBLIC TRANSIT MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP TRAINING PROGRAMS, DISSEMINATE TRAINING & INDUSTRY INFO TO MEMBER AGENCIES, AND INCREASE PUBLIC AWARENESS OF & PARTICIPATION IN THE PUBLIC TRANSPORTATION INDUSTRY.
ROADEO - SEND EMPLOYEES OF MEMBER AGENCIES TO FORMAL TRAINING COURSES WITH EXPENSES REIMBURSED BY US DEPT OF TRANSPORTATION RURAL TECHNICAL ASSISTANCE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Rush President | OfficerTrustee | 1 | $0 |
Ryan Landers Vice President | OfficerTrustee | 1 | $0 |
Liann Alfaro Director | Trustee | 1 | $0 |
Melissa Fesler Director | Trustee | 1 | $0 |
Micky Flynn Director | Trustee | 1 | $0 |
Angie Gillam Director | Trustee | 1 | $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 | $121,671 |
| Investment income | $49,296 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,936 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,031 |
| 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. | $82,468 |
| 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 | $14,544 |
| Payroll taxes | $11,498 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,767 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $30,810 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $495 |
| Office expenses | $5,827 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,119 |
| Travel | $4,671 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,214 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,186 |
| All other expenses | $780 |
| Total functional expenses | $230,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,089 |
| Savings and temporary cash investments | $4,770 |
| 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 | $827,763 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $857,622 |
| 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 |
| Net assets without donor restrictions | $0 |
| 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 | $857,622 |
| Total liabilities and net assets/fund balances | $857,622 |