International Liquid Terminals Association

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

EIN: 521038765 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

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Overview

What is International Liquid Terminals Association?

The International Liquid Terminals Association (ILTA) is a prominent nonprofit organization, established in 1974, located in Arlington, Virginia. The association serves as a unified platform for a diverse group of companies that are integral components of the transportation systems for liquid commodities. By pooling their resources, ILTA's members, both large and small, aim to proactively engage with government laws and regulations, fostering a conducive environment for the industry's growth. ILTA's mission is to provide resources that empower the liquid terminal industry, enabling it to thrive. The association also advocates on behalf of the liquid terminal industry in Congress and federal agencies, maintaining close collaborations with other relevant organizations. ILTA boasts a workforce of 10 dedicated individuals, working tirelessly to support the industry.


Official website here: wwww.ilta.org

Is International Liquid Terminals Association legitimate?

International Liquid Terminals Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Liquid Terminals 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: $937,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,543

For more financial information, click here


Official website here: wwww.ilta.org

What is the mission statement of International Liquid Terminals Association?

The International Liquid Terminals Association (ILTA), established in 1979, serves as an advocate and crucial resource for the liquid terminal industry. Its mission, in essence, is to benefit its members by providing resources that enable the liquid terminal industry to prosper. ILTA's diverse membership, comprising companies that play a vital role in the transportation of liquid commodities, leverages the association to collectively monitor and influence government laws and regulations. Furthermore, ILTA fosters educational, training, and networking opportunities for the entire industry, thereby pooling resources more effectively.


Official website here: wwww.ilta.org

Who is the CEO of International Liquid Terminals Association?

Kathryn Clay Phd is the Chairman of International Liquid Terminals Association.


Official website here: wwww.ilta.org

What is the revenue of International Liquid Terminals Association?

International Liquid Terminals Association's revenue in 2022 was $3,156,096.


Official website here: wwww.ilta.org

Who are the executives of International Liquid Terminals Association and what are their salaries?

The average compensation at International Liquid Terminals Association during 2022 was $122,401. There are 10 employees and 13 volunteers at International Liquid Terminals Association.


Here are 18 key members and their salaries:


Timothy C Winters (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Pratt Summers (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Conard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan A Hunt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernt A Netland (Former Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bany (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent J Di Cosimo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua A Etzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci L Johnson Pe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Krain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie A Little (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie A Wilkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Clay (President)
  • Compensation: $374,362
  • Related: $0
  • Other: $22,324
Charles Wellard (Chief Operating Officer)
  • Compensation: $160,264
  • Related: $0
  • Other: $16,640
Leakhena Swett (Executive Vice President)
  • Compensation: $183,468
  • Related: $0
  • Other: $11,382
Michael Stroud Jr (Vice President Of Government Relations & General C)
  • Compensation: $168,639
  • Related: $0
  • Other: $390
Meredith Dezemler (Senior Director Of Events And Member Experience)
  • Compensation: $118,462
  • Related: $0
  • Other: $15,468


Official website here: wwww.ilta.org

Where can I find the form 990 for International Liquid Terminals Association?

International Liquid Terminals Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: wwww.ilta.org

Learn more at the official website: wwww.ilta.org

Mission Statement of International Liquid Terminals Association

The International Liquid Terminals Association, abbreviated as ILTA, is committed to supporting its members and fostering the success of the liquid terminal industry. Their mission, in essence, is to provide resources that empower its members to flourish in this sector. By pooling their collective resources, ILTA members can more effectively influence government laws and regulations, thereby shaping the industry's future. Furthermore, the association strives to offer educational, training, and networking opportunities to enhance the industry as a whole. By doing so, ILTA serves as an advocate and essential resource for the liquid terminal industry, working in conjunction with other relevant organizations to promote the well-being of the tank storage industry.

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Impact




October, 2024

The International Liquid Terminals Association (ILTA) plays a crucial role in enhancing the liquid terminal industry, impacting both its members and the broader transportation system for liquid commodities. Founded in 1974 and based in Arlington, Virginia, ILTA advocates vigorously for the interests of its members in Congress and federal agencies, ensuring that the concerns of the liquid terminal sector are heard and addressed.

ILTA's influence extends beyond advocacy; it serves as a key resource for terminal members and supplier members, fostering collaboration among companies of all sizes. By uniting these diverse stakeholders, ILTA enables them to pool their resources, effectively monitor legislative developments, and shape regulatory frameworks that affect their operations. This collective action not only strengthens the industry's voice but also promotes a more favorable business environment.

Furthermore, ILTA is dedicated to enhancing industry knowledge and professionalism through educational initiatives, training programs, and networking opportunities. These efforts ensure that members are equipped with the latest information and best practices, ultimately contributing to the safety, efficiency, and sustainability of liquid terminal operations.

Overall, ILTA's impact is seen in its commitment to creating a thriving environment for the liquid terminal industry while improving the community's economic and operational landscape.




This information is meant to be a general summary of International Liquid Terminals 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.

Revenue
$3,156,096 (2022)
201120122013201420152016201720182019202020212022$0$850k$1.7M$2.55M$3.4M
Expenses
$3,927,777 (2022)
201120122013201420152016201720182019202020212022$0$1M$2M$3M$4M
Efficiency
2011201220132014201520162017201820192020202120220%30%60%90%136%

Other financial information:

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

  • Investment Income: -$29,396
  • Program Service Revenue: $3,099,517
  • Gross Receipts: $4,388,935

Assets and Liabilities:

  • Total Assets: $2,956,626
  • Total Liabilities: $2,254,154
  • Net Assets: $702,472

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Programs

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

ANNUAL CONFERENCE

Revenue

$1,950,481

MEMBERSHIP DUES

Revenue

$744,467

ADVERTISING INCOME

Revenue

$176,673

SPONSORSHIP

Revenue

$139,150

MEETINGS

Revenue

$58,171

Organization Details

Founding Year

1974

Principal Officer

Kathryn Clay Phd

Main Address

1005 N GLEBE RD 600, ARLINGTON, VA, 22201

NTEE Category

Code: S41 - Community improvement

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