Form 990 for tax year 2023
Filed by AUTONOMOUS VEHICLE INDUSTRY ASSOCIATION.
Totals
- Total revenue
- $2,205,492
- Total expenses
- $2,006,826
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $2,205,492
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,415,954
- Total liabilities, end of year
- $1,779,401
- Net assets or fund balances, end of year
- $636,553
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Membership Dues
total $2,187,306 · related or exempt $2,187,306
-
2b · Program service revenue: Sponsorship Fees
total $18,186 · related or exempt $18,186
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $430,329
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $36,671
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $19,466
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $636,484
-
11c · Fees: accounting
total $17,126
-
11d · Fees: lobbying
total $553,135
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,253
-
12 · Advertising and promotion
total $241,863
-
13 · Office expenses
total $3,271
-
14 · Information technology
total $16,820
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $19,817
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $14,233
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,948
-
24a · Other expenses: Taxes and Licenses
total $5,882
-
24b · Other expenses: Meals and Entertainment
total $3,060
-
24c · Other expenses: Penalties and Interest
total $760
-
24d · Other expenses: Other Busines Expenses
total $708
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,056,727 · end of year $799,621
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $1,431,250 · end of year $1,616,333
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $134,904 · end of year $130,338
-
19 · Deferred revenue
beginning of year $1,873,336 · end of year $1,648,750
-
25 · Other liabilities
beginning of year $41,850 · end of year $313
-
27 · Net assets without donor restrictions
beginning of year $437,887 · end of year $636,553
Mission and programs · 2023
Mission
Our mission is to advocate for the safe and timely deployment autonomous driving technology. We are the unified voice of the diverse companies working toward a world where safe and trusted AVs increase road safety, boost supply chains and improve mobility opportunities for all.
Activities or mission (Part I)
To advocate for the safe and timely deployment of autonomous driving technology.
-
The U.S. Department of Transportation has projected that AVs could significantly reduce the severity and frequency of crashes and fatalities. According to the National Highway Traffic Safety Administration (NHTSA), nearly 43,000 lives were lost on U.S. roads in 2021. Thousands of road accidents are caused by human error, including drunk, reckless and distracted driving. The Autonomous Vehicle Industry Association works with lawmakers, regulators, and the public to realize the safety and societal benefits of autonomous vehicles AVs. The Association is comprised of companies with technical expertise and experience in the technology, automobile, and transportation network sectors. Bringing together their various backgrounds, the companies formed the Association to advance AVs' tremendous safety, mobility and economic benefits to consumers in the safest and swiftest manner possible. AV technology has the great potential to improve public safety and mobility for the elderly and disabled, reduce traffic congestion, improve environmental quality, address inequity, boost supply chains, create jobs and advance transportation efficiency.
As filed on the 2023 return.
Listed in Part VII
-
Jeffrey Farrah
CEO
- Total calculated
- $430,329
- From this org
- $430,329
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $342,129
- Bonus
- $71,950
- Other
- $16,250
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $430,329
-
David Quinalty
Director
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Yehl
Director
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Froelich
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Tony Reinhart
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Sam Wempe
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Part I, Line 1b: Reason for not following policy regarding payment provisions for expenses
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443199349300819
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