National Coalition Of Associations Of 7-Eleven Franchisees Inc
- Assets
- $866.1k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 7
- Location
- Universal City, TX
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 94-2783641
Organization Overview
National Coalition Of Associations Of 7-Eleven Franchisees Inc is located in Universal City, TX. The organization was established in 2006. 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, National Coalition Of Associations Of 7-Eleven Franchisees Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Coalition Of Associations Of 7-Eleven Franchisees 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 12/2021, National Coalition Of Associations Of 7-Eleven Franchisees Inc generated $1.8m 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 (3.8%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) 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
THE NCASEF IS AN INDEPENDENT TRADE ASSOC FOR 7-ELEVEN FRANCHISEES NATIONWIDE. THE GOALS ARE TO REPRESENT THE INTERESTS OF FRANCHISEES TO ALL PARTIES, AND TO PROVIDE A FORUM FOR THE EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL CONVENTION 2021, AVANTI MAGAZINE, VIRTUAL TRADE SHOW
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Howard Key Employee | Officer | 40 | $65,856 |
Sukhvinder Sandhu Chairman | OfficerTrustee | 40 | $62,500 |
Michael Jorgensen Exc Vice Chair & President | OfficerTrustee | 40 | $31,875 |
Jaspreet Dhillon Treasurer | OfficerTrustee | 30 | $24,433 |
Rehan Hashmi Vice Chairman | OfficerTrustee | 20 | $13,958 |
Maninder Singhpaul Lobana Vice Chairman | OfficerTrustee | 20 | $11,458 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $339,320 |
| Fundraising events | $10,324 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $396,744 |
| Total Program Service Revenue | $1,424,514 |
| Investment income | $337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,821,595 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $58,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,683 |
| Compensation of current officers, directors, key employees. | $155,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,856 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $232,320 |
| Fees for services: Accounting | $123,067 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $304,736 |
| Office expenses | $18,678 |
| Information technology | $15,627 |
| Royalties | $0 |
| Occupancy | $15,834 |
| Travel | $312,822 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $765,751 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $232 |
| Insurance | $12,257 |
| All other expenses | $0 |
| Total functional expenses | $2,107,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,213 |
| Savings and temporary cash investments | $421,598 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $368,466 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $275 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $64,826 |
| Net Land, buildings, and equipment | $579 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,160 |
| Total assets | $866,117 |
| Accounts payable and accrued expenses | $6,715 |
| 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 | $91,614 |
| Total liabilities | $98,329 |
| 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 | -$450,123 |
| Total liabilities and net assets/fund balances | $866,117 |
Grants Awarded
Over the last fiscal year, National Coalition Of Associations Of 7-Eleven Franchisees Inc has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Charlotte, NC | | $100,000 |
ALSAC ST JUDE | | | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Coalition Of Associations Of 7-Eleven Franchisees Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
7-Eleven Wiliana Franchise Owners Association Schaumburg, IL | | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |
United Brotherhood Of Carpenters And Joiners Of America Metairie, LA | $27,400,853 | $8,587,017 |
Texas Oil And Gas Association Inc Austin, TX | $10,912,231 | $6,947,737 |