Automotive Service Association
- Assets
- $626.1k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- North Richland Hills, TX
- Founding
- 03/1958
- Data as of
- 12/2021
- EIN
- 75-2137150
Organization Overview
Automotive Service Association is located in North Richland Hills, TX. The organization was established in 1958. 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. As of 12/2021, Automotive Service Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automotive Service 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, Automotive Service Association generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.8%) 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
TO ADVANCE PROFESSIONALISM AND EXCELLENCE IN AUTOMOTIVE SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MSO - MULTI-SHOP OWNER SYMPOSIUM & NACE:CONFERENCE PROVIDING TECHNICAL AND MANAGEMENT TRAINING TO MEMBERS AND NON-MEMBERS IN THE AUTOMOTIVE REPAIR INDUSTRY.
INDUSTRY ONLINE TRAINING & EDUCATION: AFTERMARKET EDUCATION COURSE & ELECTRICAL DIAGNOSIS FOR MECHANICAL SHOPS & UNDERSTANDING TODAY'S AUTOMOTIVE COMPUTER SYSTEMS-CLASSES FOR ALL FACETS OF BUSINESS- MANAGEMENT, MARKETING, LIVE DEMOS OF TECH TRAINING, READING DIAGRAMS, USING TOOLS, CREATING CULTURE.
X50-PANEL DISCUSSIONS AND TRAINING FOR ALL PARTS OF THE BUSINESS-TECHNICAL, MANAGEMENT, SERVICE ADVISORS AND MARKETING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Fisher Left 1121 President | OfficerTrustee | 40 | $93,406 |
Elizabeth Risch Left 1121 Controller | Officer | 20 | $52,421 |
Blair Calvo Interim Executive Director | Officer | 40 | $9,978 |
Julie Touchstone Accountant | Officer | 40 | $8,341 |
Fred Hules II Chairman | OfficerTrustee | 6 | $0 |
Scott Benavidez Chairman Elect | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $216,095 |
| 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 | $216,095 |
| Total Program Service Revenue | $1,011,573 |
| Investment income | $365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $221,304 |
| Net Rental Income | $4,800 |
| 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 | $1,488,667 |
| 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. | $205,093 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $276,528 |
| Pension plan accruals and contributions | $5,336 |
| Other employee benefits | $45,673 |
| Payroll taxes | $33,712 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,856 |
| Fees for services: Accounting | $70,525 |
| Fees for services: Lobbying | $35,445 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $105,609 |
| Advertising and promotion | $43,361 |
| Office expenses | $3,077 |
| Information technology | $50,601 |
| Royalties | $0 |
| Occupancy | $89,295 |
| Travel | $18,622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $195,138 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,040 |
| All other expenses | $26,004 |
| Total functional expenses | $1,610,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,108 |
| Savings and temporary cash investments | $249,073 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,715 |
| 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 | $7,060 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,109 |
| Total assets | $626,065 |
| Accounts payable and accrued expenses | $248,248 |
| 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 | $248,248 |
| Net assets without donor restrictions | $377,817 |
| 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 | $626,065 |
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