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Institute For Affordable Transportation

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

EIN: 352133517 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Affordable Transportation?

The Institute for Affordable Transportation is a nonprofit organization based in Indianapolis, Indiana. Their primary mission is to drive hope, connect people, and transform lives through the provision of rural transport solutions. They collaborate with international partners to build and distribute Buddy Utility Vehicles (BUVs) in various countries such as Benin, South Sudan, Zambia, and Cameroon. The organization also provides BUV kits and equipment for local assembly, trains local personnel in BUV assembly and service, and works with custom authorities to facilitate the release of necessary parts. To raise awareness of their cause, they exhibit at various conferences and events, including the Urbana Missions Conference and Indiana State Fair. The Institute for Affordable Transportation employs a team of seven individuals dedicated to their mission.


Official website here: www.drivebuv.com

Is Institute For Affordable Transportation legitimate?

Institute For Affordable Transportation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Affordable Transportation 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: $98,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,929

For more financial information, click here


Official website here: www.drivebuv.com

What is the mission statement of Institute For Affordable Transportation?

The Institute for Affordable Transportation's mission is centered around driving hope, connecting people, and transforming lives through innovative rural transport solutions. Their primary goal is to contribute to the betterment of lives in various regions by providing and facilitating the construction of affordable and efficient transportation vehicles. This organization has shown commitment by collaborating with partners in countries like Benin, South Sudan, Zambia, and Cameroon, sending BUV kits and providing training on assembly and service. They also work towards raising awareness about rural transportation challenges at conferences and events.


Official website here: www.drivebuv.com

Who is the CEO of Institute For Affordable Transportation?

Will Austin is the Executive Director of Institute For Affordable Transportation.


Official website here: www.drivebuv.com

What is the revenue of Institute For Affordable Transportation?

Institute For Affordable Transportation's revenue in 2022 was $370,756.


Official website here: www.drivebuv.com

Who are the executives of Institute For Affordable Transportation and what are their salaries?

The average compensation at Institute For Affordable Transportation during 2022 was $24,799. There are 7 employees and 50 volunteers at Institute For Affordable Transportation.


Here are 7 key members and their salaries:


Will Austin (Executive Director)
  • Compensation: $98,666
  • Related: $0
  • Other: $0
Mike Pratt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Awujoola Itau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Olawale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Mccolgin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Gerbig (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Meyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.drivebuv.com

Where can I find the form 990 for Institute For Affordable Transportation?

Institute For Affordable Transportation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.drivebuv.com

Learn more at the official website: www.drivebuv.com

Mission Statement of Institute For Affordable Transportation

The Institute for Affordable Transportation is dedicated to making a significant impact by driving hope, connecting people, and transforming lives through innovative rural transportation solutions. Their mission is centered around collaborating with partners worldwide and providing the necessary tools and resources to build affordable vehicles, known as BUVs, in various countries. The organization sends complete BUVs, as well as kits and equipment, to different locations such as Benin, South Sudan, Zambia, and Cameroon, empowering local communities to construct these vehicles themselves. This hands-on approach not only provides transportation solutions but also fosters a sense of self-sufficiency and community engagement. In addition to their global endeavors, the Institute for Affordable Transportation has also worked with local partners in Uganda, contributing to the release of diesel engines and constructing a mobile BUV workshop in Kampala. Their commitment to raising awareness about rural transportation challenges can be seen through their participation in conferences and events, such as the Urbana Missions Conference and the Indiana State Fair.

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Impact




October, 2024

The Institute for Affordable Transportation significantly impacts communities by providing innovative rural transport solutions that enhance mobility and improve lives. Through collaborative efforts, they have facilitated the construction of Basic Utility Vehicles (BUVs) in various African nations, empowering local partners to build and maintain their own vehicles. This not only fosters economic growth but also promotes self-sufficiency in regions with limited transportation options.

In places like South Sudan, Zambia, and Cameroon, the distribution of BUV kits and training for local assembly highlights their commitment to sustainable development. By equipping local builders with the skills and resources necessary for vehicle assembly, they help create jobs and stimulate local economies.

Moreover, their initiatives extend beyond vehicle assembly; they advocate for rural mobility by raising awareness about transportation challenges at major conferences and public events, such as the Urbana Missions Conference and the Indiana State Fair. This outreach work not only educates the public on the importance of rural transport solutions but also connects communities and drives hope in regions often overlooked.

The construction of a mobile BUV workshop in Uganda further exemplifies their dedication to enhancing local capacity, enabling quicker response times to transportation needs in rural areas. By addressing these critical issues through a multi-faceted approach, the Institute for Affordable Transportation is transforming lives, facilitating connections, and ultimately driving hope in underserved communities.




This information is meant to be a general summary of Institute For Affordable Transportation. 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
$370,756 (2022)
Expenses
$386,866 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15
  • Program Service Revenue: $5,264
  • Gross Receipts: $370,756

Assets and Liabilities:

  • Total Assets: $347,473
  • Total Liabilities: $17,809
  • Net Assets: $329,664

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Programs

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

SALES OF PARTS

Revenue

$5,264

Organization Details

Founding Year

2000

Principal Officer

Will Austin

Main Address

5868 EAST 71ST STREET STE E199, Indianapolis, IN, 46220

NTEE Category

Code: P80 - Human services

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