Overview
What is Motorcycle Industry Council Inc?
Motorcycle Industry Council Inc, based in Irvine, California, serves as a not-for-profit association dedicated to preserving, protecting, and promoting motorcycling. Their mission encompasses various aspects, including government relations, communications and media relations, statistics and research, aftermarket programs, and activities surrounding technical and regulatory issues. By representing manufacturers, distributors, dealers, and retailers of motorcycles and related goods and services, as well as allied trades such as insurance, finance, and media companies, the Motorcycle Industry Council aims to support the motorcycling community. Their primary activity involves monitoring and responding to legislative and regulatory matters to ensure a favorable environment for the motorcycle industry.
Official website here: www.mic.org
Is Motorcycle Industry Council Inc legitimate?
Motorcycle Industry Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Motorcycle Industry Council Inc 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: $1,256,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $953,242
For more financial information, click here
Official website here: www.mic.org
What is the mission statement of Motorcycle Industry Council Inc?
The Motorcycle Industry Council Inc serves as a trade association, dedicated to preserving, protecting, and promoting motorcycling. They achieve this through various means, including government relations, communications and media relations, statistical and research activities, aftermarket programs, and the development of data communication standards. The organization also addresses technical and regulatory issues, representing manufacturers, distributors, dealers, and retailers of motorcycles, scooters, ATVs, ROVs, and related goods and services. Additionally, they support allied trades such as insurance, finance, and investment companies, media companies, and consultants.
Official website here: www.mic.org
Who is the CEO of Motorcycle Industry Council Inc?
Erik Pritchard is the Chair Of The Board of Motorcycle Industry Council Inc. The CEO's salary of Motorcycle Industry Council Inc is $442,040 and their total compensation is $476,657.
Official website here: www.mic.org
What is the revenue of Motorcycle Industry Council Inc?
Motorcycle Industry Council Inc's revenue in 2022 was $6,647,571.
Official website here: www.mic.org
Who are the executives of Motorcycle Industry Council Inc and what are their salaries?
The average compensation at Motorcycle Industry Council Inc during 2022 was $63,129. There are 35 employees and 15 volunteers at Motorcycle Industry Council Inc.
Here are 23 key members and their salaries (Motorcycle Industry Council Inc's CEO's salary is $442,040 and their total compensation is $476,657):
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- Compensation: $284,255
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- Other: $53,359
- Compensation: $442,040
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- Other: $34,617
- Compensation: $230,587
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- Related: $163,564
- Other: $37,012
- Compensation: $207,692
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- Other: $44,282
- Compensation: $210,935
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- Other: $26,875
- Compensation: $189,162
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- Other: $27,182
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- Related: $169,071
- Other: $37,840
Official website here: www.mic.org
Where can I find the form 990 for Motorcycle Industry Council Inc?
Motorcycle Industry Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mic.org
Learn more at the official website: www.mic.org
Mission Statement of Motorcycle Industry Council Inc
The Motorcycle Industry Council Inc, as a not-for-profit trade association, is committed to preserving, protecting, and promoting motorcycling. This organization represents various stakeholders in the motorcycle industry, including manufacturers, distributors, dealers, and retailers of motorcycles, scooters, ATVs, ROVs, motorcycle/ATV/ROV parts, accessories, and related goods and services. Additionally, allied trades such as insurance, finance, and investment companies, media companies, and consultants are also part of its membership.
In order to accomplish its mission, the Motorcycle Industry Council Inc engages in several activities. It focuses on government relations, aiming to advocate for policies that support the motorcycling community. Furthermore, the council uses communications and media relations to raise awareness about motorcycling and its benefits. It also conducts statistics and research to gain insights into market trends and consumer behavior.
In the realm of aftermarket programs, the Motorcycle Industry Council Inc plays a significant role. It develops data communication standards, which are essential for ensuring seamless information exchange within the industry. Additionally, the council addresses technical and regulatory issues, working towards resolutions that benefit the motorcycling community. Overall, the Motorcycle Industry Council Inc is dedicated to supporting the motorcycling industry and its stakeholders, ensuring a thriving and safe environment for motorcyclists.
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Impact
October, 2024
The Motorcycle Industry Council Inc plays a vital role in advocating for motorcycling interests across the United States. By actively monitoring and responding to legislative and regulatory matters, it ensures that the concerns and needs of manufacturers, retailers, and motorcyclists are represented effectively. Their efforts contribute to the preservation, protection, and promotion of motorcycling, making it a safer and more accessible activity for enthusiasts.
Through government relations, the council engages with policymakers to influence legislation that impacts the motorcycle industry. This includes addressing issues related to safety regulations, environmental standards, and infrastructure development that benefit motorcyclists. The organization also focuses on communication and media relations, which helps in raising awareness about the positive aspects of motorcycling, fostering a community of riders, and promoting responsible riding practices.
Moreover, the Motorcycle Industry Council supports the industry with vital statistics and research that informs decision-making among manufacturers and dealers. Their commitment to developing data communications standards assists in streamlining operations and ensuring safety across the board. By representing a diverse range of participants in the industry, from manufacturers to financial services and media consultants, the council strengthens the overall ecosystem surrounding motorcycling, contributing to its growth and sustainability.
This information is meant to be a general summary of Motorcycle Industry Council Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $585
- Program Service Revenue: $5,735,542
- Gross Receipts: $6,647,571
Assets and Liabilities:
- Total Assets: $9,154,852
- Total Liabilities: $4,386,899
- Net Assets: $4,767,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,953,254
MIC CONVENTION/SHOW EV
Revenue
$1,312,570
MIC CONSUMER EXPERIENC
Revenue
$216,753
RSRS PROGRAM
Revenue
$158,016
PARTNER PROGRAMS
Revenue
$90,500
Organization Details
Founding Year
1914
Phone
(949) 727-4211Principal Officer
Erik Pritchard
Main Address
2 JENNER 150, IRVINE, CA, 926183806
Website
www.mic.orgNTEE Category
Code: S41 - Community improvement
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