Wyoming Trucking Association Inc is located in Casper, WY. The organization was established in 1945. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Wyoming Trucking Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyoming Trucking 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 12/2023, Wyoming Trucking Association Inc generated $380.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $423.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE AND PROMOTE THE TRUCKING INDUSTRY IN WYOMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
WTA CONVENTION - TO HOLD ANNUAL MEETING, DISTRIBUTE INFORMATION, PROVIDE EDUCATIONAL SPEECHES AND TO RECEIVE FEEDBACK FROM MEMBERS
TRUCK DRIVING CHAMPIONSHIP - PROVIDE A SAFE COMPETITION FOR TRUCK DRIVERS
LEGISLATIVE EFFORTS - TO PROVIDE AWARENESS OF LEGISLATION BEING PROPOSED OR AMENDED THAT IMPACTS THE TRUCKING INDUSTRY
SEMINARS - TO PROVIDE ONGOING EDUCATIONAL SEMINARS TO MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Venable Ata Vice President | OfficerTrustee | 1 | $0 |
Bart Richardson President | OfficerTrustee | 1 | $0 |
Casey Wegener First Vice President | OfficerTrustee | 1 | $0 |
Karl Florence Treasurer | OfficerTrustee | 1 | $0 |
Mike Hutton Alt Ata Vice President | OfficerTrustee | 1 | $0 |
Sean Ryan Second Vice President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $13,075 |
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 | $13,075 |
Total Program Service Revenue | $303,605 |
Investment income | $6,976 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,650 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $31,538 |
Miscellaneous Revenue | $0 |
Total Revenue | $380,699 |
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. | $124,209 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $94,783 |
Pension plan accruals and contributions | $11,493 |
Other employee benefits | $44,590 |
Payroll taxes | $18,185 |
Fees for services: Management | $2,889 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,216 |
Fees for services: Other | $9,240 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,909 |
Travel | $2,390 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,326 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,848 |
Insurance | $0 |
All other expenses | $23,465 |
Total functional expenses | $423,756 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51 |
Savings and temporary cash investments | $53,419 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,853 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $34,806 |
Prepaid expenses and deferred charges | $8,025 |
Net Land, buildings, and equipment | $7,835 |
Investments—publicly traded securities | $69,734 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,257 |
Total assets | $182,980 |
Accounts payable and accrued expenses | $2,727 |
Grants payable | $0 |
Deferred revenue | $4,067 |
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 | $215 |
Total liabilities | $7,009 |
Net assets without donor restrictions | $106,142 |
Net assets with donor restrictions | $69,829 |
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 | $182,980 |