Overview
What is Transportation Education Fund Inc?
Transportation Education Fund Inc, based in Madison, Wisconsin, is a nonprofit organization that primarily accepts assessments from road construction contractors in the state. Their primary mission is to support the Transportation Development Association, an exempt organization advocating for sound transportation policies throughout Wisconsin. Additionally, the Fund accepts contributions from contractors and suppliers to award scholarships to students pursuing engineering and engineering technician programs at universities and technical colleges. The organization's main objective is to promote, research, study, and disseminate information to enhance the understanding and improvement of the transportation system and industry.
Is Transportation Education Fund Inc legitimate?
Transportation Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Transportation Education Fund 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Transportation Education Fund Inc?
The Transportation Education Fund Inc, through its mission, works towards improving the understanding and enhancement of the transportation system and the transportation industry. It achieves this by conducting research, studies, and tabulating data, subsequently disseminating the information gained to relevant parties. The organization supports the Transportation Development Association, an exempt organization advocating for sound transportation policies. Furthermore, it accepts assessments and donations from Wisconsin road construction contractors and suppliers to provide scholarships for students enrolled in engineering and engineering technology programs at post-secondary institutions.
Who is the CEO of Transportation Education Fund Inc?
Tim Peterson is the President of Transportation Education Fund Inc.
What is the revenue of Transportation Education Fund Inc?
Transportation Education Fund Inc's revenue in 2022 was $515,257.
Who are the executives of Transportation Education Fund Inc and what are their salaries?
There 7 volunteers at Transportation Education Fund Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Transportation Education Fund Inc?
Transportation Education Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Transportation Education Fund Inc
Transportation Education Fund Inc, as its name suggests, is an organization dedicated to promoting, researching, studying, and disseminating information aimed at enhancing the understanding and improvement of the transportation system and the transportation industry. Their mission is to tabulate and share data in an effort to advance the transportation sector and related industries. The organization accepts assessments from Wisconsin road construction contractors to support the Transportation Development Association, a nonprofit advocating for sound transportation policies throughout the state. Additionally, Transportation Education Fund Inc accepts contributions from Wisconsin road construction contractors and suppliers to provide scholarships for students enrolled in engineering and engineering technician programs at post-secondary institutions such as universities and technical colleges. The goal is to foster a skilled workforce capable of driving progress in the transportation industry.
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Impact
October, 2024
Transportation Education Fund Inc significantly enhances the understanding and advancement of transportation systems and the industry. Through extensive research and dissemination of vital information, it plays a crucial role in promoting effective transportation policies in Wisconsin. By accepting assessments from road construction contractors, it supports the Transportation Development Association, which advocates for sound transportation practices throughout the state.
Moreover, the Fund creates future opportunities by providing scholarships to students in engineering and engineering technician programs at various higher education institutions. This investment in education not only fosters the next generation of professionals in the field but also ensures the continuous improvement and sustainability of the transportation sector. In summary, its impact lies in the promotion of education, support for policy advocacy, and the ongoing enhancement of transportation systems in Wisconsin.
This information is meant to be a general summary of Transportation Education Fund 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: $1,364
- Program Service Revenue: $344,743
- Gross Receipts: $515,257
Assets and Liabilities:
- Total Assets: $645,589
- Total Liabilities: $0
- Net Assets: $645,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$344,743
Organization Details
Founding Year
1982
Phone
(608) 256-6891Principal Officer
Tim Peterson
Main Address
1 EAST MAIN STREET 300, MADISON, WI, 53703
NTEE Category
Code: W03 - Public benefit
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