County Road Association Education Corporation
- Assets
- $201.1k
- Revenue
- $76.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 12/2018
- Data as of
- 09/2021
- EIN
- 82-2668073
Organization Overview
County Road Association Education Corporation is located in Lansing, MI. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. County Road Association Education Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, County Road Association Education Corporation generated $76.1k 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 (51.1%) each year. All expenses for the organization totaled $228.6k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHWAY CONFERENCE COUNTY ROAD ASSOCIATION OF MICHIGAN (CRA) EDUCATION CORPORATION (CRAEC) THE COUNTY ROAD ASSOCIATION OF MICHIGAN (CRA) EDUCATION CORPORATION (CRAEC) WAS ESTABLISHED TO BENEFIT CRA'S GOVERNMENTAL MEMBERS (COUNTY ROAD COMMISSIONS AND COUNTY ROAD DEPARTMENTS) AS THE ASSOCIATION EXECUTES ITS OBJECTIVE TO DEVELOP A COMPREHENSIVE, CURATED TRAINING PROGRAM FOR STAFF AT ALL LEVELS IN A COUNTY ROAD AGENCY AND TO PROVIDE MEMBER ACCESS TO PROFESSIONAL RESOURCES AND TRAINING TOOLS. ONE OF THE MOST SIGNIFICANT EVENTS CRA EXECUTES ON AN ANNUAL BASIS IS ITS ANNUAL HIGHWAY CONFERENCE AND ROAD SHOW, WHICH BRINGS TOGETHER AS MANY AS 1,100 LOCAL TRANSPORTATION INFRASTRUCTURE SPECIALISTS. IN MARCH 2019, THIS CONFERENCE HAD 1,126 ATTENDEES FROM 80 COUNTIES (93% REPRESENTATION), 152 EXHIBITORS UTILIZING 238 BOOTH SPACES. (THE MARCH 2020 NUMBERS WERE DOWN SLIGHTLY DUE TO THE JUST-BEGINNING PANDEMIC.) IN ADDITION TO THE REGISTERED COUNTY ROAD COMMISSIONS/DEPARTMENTS, THIS CONFERENCE ATTRACTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Peivandi President | 1 | $0 | |
Larry Brown Vice Preside | 1 | $0 | |
Burt Thompson Secretary/tr | 1 | $0 | |
Richard Timmer Past Preside | 1 | $0 | |
Jerry Heim Director | 1 | $0 | |
Jim Iwanicki Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $71 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $76,012 |
| Total Revenue | $76,083 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $127,752 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $4,590 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $96,248 |
| Total operating and administrative expenses | $228,590 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $228,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,408 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $16,630 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,436 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $25,627 |
| Other assets | $0 |
| Total assets | $201,101 |
| Accounts payable and accrued expenses | $77,549 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $275,135 |
| Total liabilities | $352,684 |
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