The Industrial Truck Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251124211 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is The Industrial Truck Association?

The Industrial Truck Association is a nonprofit organization located in Washington D.C., specifically at 1750 K Street NW 460. Its primary purpose is to collect and disseminate reliable statistical data related to the powered industrial truck and tractor (forklift) industry. The association aims to establish standards for product safety and performance within this industry, fostering a safer and more efficient marketplace. By networking suppliers and their customers (manufacturers), The Industrial Truck Association serves as a bridge between these parties, promoting collaboration and growth within the industrial truck and tractor industry. The organization has a workforce of five dedicated individuals.


Official website here: www.indtrk@indtrk.org

Is The Industrial Truck Association legitimate?

The Industrial Truck Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Industrial Truck Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $485,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $675,361

For more financial information, click here


Official website here: www.indtrk@indtrk.org

What is the mission statement of The Industrial Truck Association?

The Industrial Truck Association's mission is centered around three key areas. Firstly, it aims to develop safety and performance standards within the industrial truck and tractor industry. Secondly, it collects and disseminates statistical data related to the powered industrial truck and tractor (forklift) industry, contributing to its advancement. Lastly, it facilitates networking between suppliers and manufacturers in the industrial truck and tractor sector. By doing so, the association aims to enhance the overall industry, ensuring safety, promoting progress, and fostering connections among its stakeholders.


Official website here: www.indtrk@indtrk.org

What is the revenue of The Industrial Truck Association?

The Industrial Truck Association's revenue in 2024 was $2,866,819.


Official website here: www.indtrk@indtrk.org

Who are the executives of The Industrial Truck Association and what are their salaries?

The average compensation at The Industrial Truck Association during 2024 was $232,151. There are 5 employees and 100 volunteers at The Industrial Truck Association.

Here are 24 key members and their salaries:


Brett Wood (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mozer (First Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Gusler (Second Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Pascarelli (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Mathern (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kossow (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Furman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Wingenroth (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Dawley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Field (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Krakora (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Modesette (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wang (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Zhang (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sytsma (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Finerty (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberto Colarullo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Byers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Ward (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Feehan (President)
  • Compensation: $433,953
  • Related: $20,286
  • Other: $53,854
Christopher Merther (Manager, Technical Program)
  • Compensation: $202,665
  • Related: $9,400
  • Other: $31,734
Debra Sterger (Mgr. Accounting & Conferences)
  • Compensation: $180,799
  • Related: $32,226
  • Other: $19,403
Stacey Harrison (Manager, Statistics Program)
  • Compensation: $197,035
  • Related: $0
  • Other: $18,012
Hannah Lee (Membership And Meetings Associate)
  • Compensation: $100,983
  • Related: $0
  • Other: $9,635


Official website here: www.indtrk@indtrk.org

Where can I find the form 990 for The Industrial Truck Association?

The Industrial Truck Association's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.indtrk@indtrk.org

Learn more at the official website: www.indtrk@indtrk.org

Mission Statement of The Industrial Truck Association

The Industrial Truck Association, a notable entity within the industrial truck marketplace, is committed to three primary objectives. Firstly, it strives to establish standards for product safety and performance in the industrial truck and tractor industry. This endeavor involves collecting and disseminating reliable statistical data related to the powered industrial truck and tractor (forklift) sector. Secondly, the association serves as a conduit for connecting suppliers with manufacturers in the industrial truck and tractor industry. By doing so, it facilitates networking opportunities and fosters collaboration within this specific marketplace. Ultimately, the Industrial Truck Association's mission is to advance the powered industrial truck and tractor industry through accurate statistical information and strategic networking opportunities between suppliers and manufacturers.

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Impact




October, 2024

The Industrial Truck Association plays a crucial role in shaping the industrial truck marketplace through its comprehensive activities. By collecting and disseminating accurate statistical information, it provides valuable insights that inform industry trends and business decisions. The development of standards for product safety and performance ensures that manufacturers meet essential safety requirements, ultimately enhancing the reliability and efficiency of powered industrial trucks and tractors.

Additionally, the association facilitates networking between suppliers and manufacturers, fostering collaborations that drive innovation within the industry. This networking aspect not only strengthens relationships among industry players but also supports overall community improvement by ensuring that businesses are better equipped to meet customer needs and adapt to changing market demands. Overall, the Industrial Truck Association significantly impacts the industry by promoting safety, performance standards, and collaborative growth.




This information is meant to be a general summary of The Industrial Truck Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,866,819 (2024)
Expenses
$2,971,302 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $7,535
  • Program Service Revenue: $2,833,747
  • Gross Receipts: $2,866,819

Assets and Liabilities:

  • Total Assets: $1,489,713
  • Total Liabilities: $732,867
  • Net Assets: $756,846

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATS & ENGINEERING

Revenue

$2,568,960

INDST & REG UPDATE

Revenue

$244,787

MARKET STUDY REVENUE

Revenue

$20,000

Organization Details

Founding Year

1952

Principal Officer

Brian Feehan

NTEE Category

Code: S41 - Community improvement

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