Overview
What is National Bus Traffic Association?
The National Bus Traffic Association, situated in Washington D.C., has been a vital player in the private intercity bus industry for the past 75 years. As a non-profit organization, its primary role is to serve as the single processing agent for scheduled service motorcoach operators, managing their interline through-tickets. The association facilitates the processing of payables, receivables, and associated bus services, such as maintenance, dumping, cleaning, ticket revenue, and other related services, through its Interline Revenue Clearing House (IRCH). This ensures smooth operations and settlements among member bus carriers, with all carrier members required to participate in the clearing house. By doing so, the National Bus Traffic Association enhances the efficiency and effectiveness of the private intercity bus industry.
Official website here: www.bustraffic.org
Is National Bus Traffic Association legitimate?
National Bus Traffic Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Bus Traffic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,495
For more financial information, click here
Official website here: www.bustraffic.org
What is the mission statement of National Bus Traffic Association?
The National Bus Traffic Association, functioning as a non-profit organization, has been serving the private intercity bus industry for seven decades. Over this period, it has served as the sole processing agent for interline through-tickets for scheduled service motorcoach operators. Its primary role involves facilitating the processing of payables, receivables, and associated bus services, such as maintenance, dumping, cleaning, ticket revenue, and other related services, through its Interline Revenue Clearing House (IRCH). The association's purpose is to streamline financial transactions and related bus services within the private intercity bus industry.
Official website here: www.bustraffic.org
Who is the CEO of National Bus Traffic Association?
Peter Pantuso is the Ex-Officio of National Bus Traffic Association.
Official website here: www.bustraffic.org
What is the revenue of National Bus Traffic Association?
National Bus Traffic Association's revenue in 2022 was $174,426.
Official website here: www.bustraffic.org
Who are the executives of National Bus Traffic Association and what are their salaries?
There 15 volunteers at National Bus Traffic Association.
Here are 16 key members and their salaries:
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Official website here: www.bustraffic.org
Where can I find the form 990 for National Bus Traffic Association?
National Bus Traffic Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bustraffic.org
Learn more at the official website: www.bustraffic.org
Mission Statement of National Bus Traffic Association
The National Bus Traffic Association, functioning as a non-profit organization, has served a vital role in the private intercity bus industry for the past 75 years. Its primary mission is to serve as the single processing agent for interline through-tickets for scheduled service motorcoach operators. In this capacity, the association facilitates the processing of payables, receivables, and associated bus services, such as maintenance, dumping, cleaning, ticket revenue, and other related services, through its Interline Revenue Clearing House (IRCH). The National Bus Traffic Association plays a pivotal role in streamlining transactions within the private intercity bus industry, ensuring smooth and efficient operations for its member motorcoach operators.
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Impact
October, 2024
The National Bus Traffic Association plays a vital role in the intercity bus industry by serving as the primary processing agent for interline thru-tickets, a service that has been crucial for motorcoach operators for over 75 years. This organization streamlines operations by facilitating the processing of payables and receivables, which includes a range of services such as maintenance, cleaning, and ticket revenue management.
Through its Interline Revenue Clearing House (IRCH), the Association ensures that member bus carriers can settle their interline accounts monthly. This not only enhances financial efficiency but also fosters cooperation among carriers, enriching the overall travel experience for passengers. By managing these critical functions, the National Bus Traffic Association significantly contributes to the operational stability and growth of the private intercity bus industry. Furthermore, its impact extends to improving community connectivity and accessibility through reliable bus services, thereby playing an essential role in transportation infrastructure.
This information is meant to be a general summary of National Bus Traffic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,455
- Program Service Revenue: $171,971
- Gross Receipts: $174,426
Assets and Liabilities:
- Total Assets: $244,135
- Total Liabilities: $19,844
- Net Assets: $224,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$161,939
INTERLINE REVENUE CLEARING
Revenue
$10,032
Organization Details
Founding Year
1993
Phone
(202) 898-2700Principal Officer
Peter Pantuso
Main Address
111 K STREET NE 9TH FLOOR, WASHINGTON, DC, 20002
Website
www.bustraffic.orgNTEE Category
Code: S41 - Community improvement
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