Colorado Motor Carriers Association is located in Denver, CO. The organization was established in 1958. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Colorado Motor Carriers Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Motor Carriers 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, Colorado Motor Carriers Association generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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
THE ASSOCIATION WAS FORMED TO EDUCATE MEMBERS, PROVIDE SUPPORT AND BENEFITS TO MEMBERS, AND PROMOTE THE TRUCKING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION, SPECIAL EVENTS AND SAFETY PROGRAMS FOR APPROXIMATELY 650 ALLIED AND REGULAR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory D Fulton President | Officer | 40 | $171,381 |
Patricia Gillette Vice Preside | Officer | 40 | $114,900 |
Walt Sanders Chair | OfficerTrustee | 1 | $0 |
Robyn Smith Second Vice | OfficerTrustee | 1 | $0 |
Scott Hutchings First Vice C | OfficerTrustee | 1 | $0 |
James Lee Third Vice C | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $459,585 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $147,200 |
All other contributions, gifts, grants, and similar amounts not included above | $40,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $646,785 |
Total Program Service Revenue | $445,753 |
Investment income | $1,571 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $26,967 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $70,316 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,249,128 |
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. | $345,459 |
Compensation of current officers, directors, key employees. | $86,365 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $114,848 |
Pension plan accruals and contributions | $9,897 |
Other employee benefits | $17,178 |
Payroll taxes | $31,588 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,255 |
Fees for services: Accounting | $10,063 |
Fees for services: Lobbying | $75,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $49,190 |
Information technology | $10,204 |
Royalties | $0 |
Occupancy | $55,502 |
Travel | $48,261 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $142,712 |
Interest | $620 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,611 |
Insurance | $13,266 |
All other expenses | $4,938 |
Total functional expenses | $1,108,087 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $332,168 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $94,078 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $61,001 |
Prepaid expenses and deferred charges | $5,000 |
Net Land, buildings, and equipment | $46,797 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $539,044 |
Accounts payable and accrued expenses | $83,269 |
Grants payable | $0 |
Deferred revenue | $3,130 |
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 | $7,711 |
Total liabilities | $94,110 |
Net assets without donor restrictions | $444,934 |
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 | $539,044 |
Over the last fiscal year, we have identified 1 grants that Colorado Motor Carriers Association has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
American Trucking Associations Inc Washington, DC PURPOSE: CONTRIBUTION | $30,000 |