Overview
What is Power Transmission Distributors Assn?
Power Transmission Distributors Assn is a nonprofit organization based in Chicago, Illinois. Its primary mission is to promote and enhance the fields of power transmission and motion control equipment engineering and sales. They achieve this through various activities and programs aimed at improving business practices, marketing programs, value-added services, and education. The association fosters relationships in the power transmission/motion control industrial distribution channel, hosting events like the annual industry summit. In 2022, the summit attracted 444 delegates, while their Canadian conference had 118 attendees. With a team of 10 dedicated individuals, Power Transmission Distributors Assn aims to contribute positively to the power transmission and motion control industry.
Official website here: www.ptda.org
Is Power Transmission Distributors Assn legitimate?
Power Transmission Distributors Assn is a legitimate nonprofit organization registered as a 501(c)(6) entity. Power Transmission Distributors Assn 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: $277,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $577,906
For more financial information, click here
Official website here: www.ptda.org
What is the mission statement of Power Transmission Distributors Assn?
The Power Transmission Distributors Association's mission is to foster growth and improvement in the fields of power transmission and motion control equipment engineering and sales. They achieve this by designing activities and programs that enhance business practices, marketing strategies, value-added services, and education. The association's primary goal is to foster relationships within the power transmission/motion control industrial distribution channel. They accomplish this through events such as their annual industry summit, which brings together industry leaders to network, share ideas, and learn about market trends affecting their businesses. In 2022, the industry summit had 444 delegates, and the Canadian conference had 118 delegates.
Official website here: www.ptda.org
Who is the CEO of Power Transmission Distributors Assn?
Ann Arnott is the CEO of Power Transmission Distributors Assn The CEO's salary of Power Transmission Distributors Assn is $250,608 and their total compensation is $277,782.
Official website here: www.ptda.org
What is the revenue of Power Transmission Distributors Assn?
Power Transmission Distributors Assn's revenue in 2023 was $2,215,460.
Official website here: www.ptda.org
Who are the executives of Power Transmission Distributors Assn and what are their salaries?
The average compensation at Power Transmission Distributors Assn during 2023 was $95,076. There are 9 employees and 100 volunteers at Power Transmission Distributors Assn.
Here are 16 key members and their salaries (Power Transmission Distributors Assn's CEO's salary is $250,608 and their total compensation is $277,782):
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- Compensation: $250,608
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- Compensation: $111,216
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- Other: $11,912
Official website here: www.ptda.org
Where can I find the form 990 for Power Transmission Distributors Assn?
Power Transmission Distributors Assn's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ptda.org
Learn more at the official website: www.ptda.org
Mission Statement of Power Transmission Distributors Assn
Power Transmission Distributors Association, often abbreviated as PTDA, is dedicated to promoting and enhancing the fields of power transmission and motion control equipment engineering and sales. They achieve this objective by organizing activities and programs designed to improve business practices, marketing programs, value-added services, and education within the industry. The association's mission is to foster relationships between professionals in the power transmission/motion control industrial distribution channel, providing a platform for industry leaders to share ideas, strengthen business partnerships, and gain insights into market trends affecting their businesses. The annual Industry Summit, for instance, brings together over 400 delegates, offering a unique opportunity for networking and knowledge exchange. Similarly, the Canadian Conference attracts approximately 120 delegates, contributing to the association's overall goal of advancing the power transmission and motion control industries.
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Impact
October, 2024
The Power Transmission Distributors Association (PTDA) significantly impacts the power transmission and motion control sectors by enhancing business practices and fostering collaboration among industry stakeholders. Through organized activities and educational programs, the PTDA aims to improve marketing strategies, develop value-added services, and share essential insights into market trends.
One of the key initiatives is the Annual Industry Summit, which gathers industry leaders to exchange ideas, build business relationships, and stay informed about the latest developments in the field. In 2022, this event attracted 444 delegates, showcasing its importance for networking and professional growth. Similarly, the Canadian Conference, with 118 delegates the same year, underscores the association's role in regional engagement.
By focusing on developing programs that strengthen the distribution channel within the power transmission and motion control industries, PTDA plays a crucial role in driving innovation and collaboration, ultimately benefiting both businesses and their customers.
This information is meant to be a general summary of Power Transmission Distributors Assn. 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 2023.
- Investment Income: $34,928
- Program Service Revenue: $1,785,972
- Gross Receipts: $2,919,258
Assets and Liabilities:
- Total Assets: $2,719,023
- Total Liabilities: $645,680
- Net Assets: $2,073,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$929,867
ANNUAL INDUSTRY SUMMIT
Revenue
$715,485
CANADIAN CONFERENCE
Revenue
$131,265
PUBLICATIONS
Revenue
$6,450
EDUCATION & TRAINING
Revenue
$2,905
Organization Details
Founding Year
1960
Principal Officer
Ann Arnott
Website
www.ptda.orgNTEE Category
Code: S41 - Community improvement
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