Overview
What is International Heavy Haul Association?
The International Heavy Haul Association is a nonprofit organization situated in Virginia Beach, Virginia. Their primary mission is to provide educational conferences and workshops focused on heavy haul activities. This association serves an educational and scientific purpose, aiming to enhance knowledge and best practices within the heavy haul industry. They host events to facilitate networking, information sharing, and professional development among its members.
Official website here: www.ihha.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%
The International Heavy Haul Association has received a Zero-Star out of Four Star rating due to its low overall score of 36%. While it demonstrates strong governance with 100% independent board members and no material diversion of assets, it lacks critical policies such as a conflict of interest policy, whistleblower policy, and a document retention policy. These missing elements significantly impact its accountability and transparency scores.
In terms of financial health, the organization has a liabilities-to-assets ratio of 0.00%, which suggests it does not carry any liabilities against its assets. However, its program expense ratio is concerning, as only 49.65% of its funds are allocated directly to programs, raising questions about the efficiency of its spending. The relatively low salary of key personnel may indicate a focus on sustainability, but it also highlights limited investment in leadership.
Overall, while the International Heavy Haul Association shows strengths in board independence and asset management, its lack of essential policies and low program expenditure ratio may hinder its effectiveness and accountability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is International Heavy Haul Association legitimate?
International Heavy Haul Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Heavy Haul 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: $12,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ihha.net
What is the mission statement of International Heavy Haul Association?
The International Heavy Haul Association's mission is centered around educational and scientific pursuits, specifically aimed at assisting in the organization and conduct of heavy haul conferences and workshops. This endeavor is intended to contribute to the advancement of knowledge and understanding in the field of heavy haul activities. The association primarily focuses on hosting these educational events to foster discussion and share insights within the heavy haul industry.
Official website here: www.ihha.net
Who is the CEO of International Heavy Haul Association?
W Scott Lovelace is the CEO of International Heavy Haul Association The CEO's salary of International Heavy Haul Association is $12,600 and their total compensation is $12,600.
Official website here: www.ihha.net
What is the revenue of International Heavy Haul Association?
International Heavy Haul Association's revenue in 2023 was $98,904.
Official website here: www.ihha.net
Who are the executives of International Heavy Haul Association and what are their salaries?
Here are 17 key members and their salaries (International Heavy Haul Association's CEO's salary is $12,600 and their total compensation is $12,600):
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Official website here: www.ihha.net
Where can I find the form 990 for International Heavy Haul Association?
International Heavy Haul Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ihha.net
Learn more at the official website: www.ihha.net
Mission Statement of International Heavy Haul Association
The International Heavy Haul Association, in its mission, is dedicated to serving an educational and scientific purpose. Its primary objective is to facilitate conferences and workshops focusing on heavy haul activities. By organizing these events, the association aims to contribute significantly to the field of heavy haul transportation. The International Heavy Haul Association's initiatives provide a platform for professionals, experts, and enthusiasts to share insights, exchange ideas, and learn about the latest developments in the heavy haul sector. The association's mission is instrumental in fostering a collaborative environment that encourages the advancement of heavy haul operations, ultimately benefiting the industry as a whole.
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Impact
August, 2024
The International Heavy Haul Association's impact lies in its role in advancing knowledge and expertise in the heavy haul transportation industry. By organizing educational conferences and workshops focused on heavy haul activities, the association facilitates the sharing of best practices, technical advancements, and industry insights among professionals in the field.
Through these events, the International Heavy Haul Association contributes to the continuous improvement of heavy haul transportation practices, fostering innovation and collaboration within the industry. By bringing together experts and practitioners, the association helps to address challenges, promote safety standards, and drive efficiency in heavy haul operations.
Furthermore, the association's efforts in providing educational opportunities create a platform for networking and learning, ultimately enhancing the overall quality and effectiveness of heavy haul transportation globally. In doing so, the International Heavy Haul Association plays a vital role in supporting the development and sustainability of this critical sector.
This information is meant to be a general summary of International Heavy Haul 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 2023.
- Investment Income: $2,336
- Program Service Revenue: $363
- Gross Receipts: $98,904
Assets and Liabilities:
- Total Assets: $580,581
- Total Liabilities: $0
- Net Assets: $580,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK INCOME
Revenue
$363
Organization Details
Founding Year
1986
Phone
(757) 496-8288Principal Officer
W Scott Lovelace
Main Address
2808 FOREST HILLS COURT, VIRGINIA BEACH, VA, 23454
Website
www.ihha.netNTEE Category
Code: S41Z - Community improvement
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