Totals
- Total revenue
- $9,988,936
- Total expenses
- $16,274,111
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $7,523,916
- Investment income
- $1,027,730
- Other revenue
- $1,437,290
- Total assets, end of year
- $57,306,324
- Total liabilities, end of year
- $11,090,286
- Net assets or fund balances, end of year
- $46,216,038
- Program services expenses (Part IX)
- $13,684,966
- Management and general expenses
- $2,589,145
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $13,684,966
Program services were 84.1% 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 $3,973,221 · related or exempt $3,973,221
-
2b · Program service revenue: RENTAL MGMT MAGAZINE
total $1,903,361 · unrelated business $1,903,361
-
2c · Program service revenue: EDUCATION AND BUSINESS RESOURCES
total $1,169,758 · related or exempt $1,169,758
-
2d · Program service revenue: GOVERNANCE
total $251,530 · related or exempt $251,530
-
2f · All other program service revenue
total $226,046 · related or exempt $226,046
-
3 · Investment income
total $468,892 · excluded $468,892
-
7a · Gross sales of assets other than inventory
securities $4,532,935
-
7b · Less cost or other basis and sales expenses
securities $3,974,097
-
7c · Gain or loss
securities $558,838
-
7d · Net gain or loss
total $558,838 · excluded $558,838
-
11a · Other revenue: SUBSIDIARY INVESTMENT INCOME
total $1,431,767 · related or exempt $1,431,767
-
11b · Other revenue: CURRENCY EXCHANGE LOSS
total $3,323 · related or exempt $3,323
-
11c · Other revenue: UNRELATED BUSINESS INCOME TAX
total $2,200 · related or exempt $2,200
-
11e · Other revenue, total
$1,437,290
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $735,806 · program services $586,119 · management and general $149,687
-
7 · Other salaries and wages
total $5,384,046 · program services $4,288,756 · management and general $1,095,290
-
8 · Pension plan contributions
total $170,989 · program services $136,204 · management and general $34,785
-
9 · Other employee benefits
total $707,914 · program services $563,901 · management and general $144,013
-
10 · Payroll taxes
total $434,160 · program services $345,838 · management and general $88,322
-
11b · Fees: legal
total $22,926 · program services $5,080 · management and general $17,846
-
11c · Fees: accounting
total $35,593 · program services $7,093 · management and general $28,500
-
11d · Fees: lobbying
total $586,570 · program services $586,570
-
11f · Fees: investment management
total $49,339 · management and general $49,339
-
11g · Fees: other
total $1,076,308 · program services $996,281 · management and general $80,027
-
13 · Office expenses
total $216,446 · program services $199,845 · management and general $16,601
-
14 · Information technology
total $300,795 · management and general $300,795
-
16 · Occupancy
total $173,934 · program services $18,399 · management and general $155,535
-
17 · Travel
total $1,443,511 · program services $1,443,511
-
19 · Conferences, conventions and meetings
total $794,551 · program services $794,551
-
22 · Depreciation, depletion and amortization
total $170,997 · management and general $170,997
-
23 · Insurance
total $47,211 · management and general $47,211
-
24a · Other expenses: MARKETING
total $1,560,730 · program services $1,560,730
-
24b · Other expenses: PRINTING
total $431,425 · program services $431,425
-
24c · Other expenses: DEVELOPMENT
total $358,197 · program services $358,197
-
24d · Other expenses: COMMISSION
total $356,981 · program services $356,981
-
24e · All other expenses
total $1,215,682 · program services $1,005,485 · management and general $210,197
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $753,548 · end of year $1,699,740
-
4 · Accounts receivable
beginning of year $1,181,780 · end of year $1,111,171
-
8 · Inventories for sale or use
beginning of year $150,480 · end of year $122,361
-
9 · Prepaid expenses and deferred charges
beginning of year $674,957 · end of year $1,924,066
-
10a · Land, buildings and equipment: cost or other basis
$5,118,412
-
10b · Land, buildings and equipment: accumulated depreciation
$3,859,733
-
10c · Land, buildings and equipment, net
beginning of year $1,429,676 · end of year $1,258,679
-
11 · Investments: publicly traded securities
beginning of year $30,671,113 · end of year $24,474,891
-
12 · Investments: other securities
beginning of year $25,052,946 · end of year $26,484,713
-
15 · Other assets
beginning of year $148,693 · end of year $230,703
-
17 · Accounts payable and accrued expenses
beginning of year $1,685,276 · end of year $1,022,589
-
19 · Deferred revenue
beginning of year $2,300,413 · end of year $9,740,025
-
25 · Other liabilities
beginning of year $163,292 · end of year $327,672
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $55,914,212 · end of year $46,216,038
Mission and programs · 2022
Mission
TO SUPPORT THE SUCCESS OF MEMBERS AND ADVANCE THE EQUIPMENT AND EVENT RENTAL INDUSTRY.
Activities or mission (Part I)
TO SUPPORT THE SUCCESS OF MEMBERS AND ADVANCE THE EQUIPMENT AND EVENT RENTAL INDUSTRY. WE HOLD AN ANNUAL CONVENTION, PRODUCE A MAGAZINE, AND PROVIDE VARIOUS OTHER MEMBER SERVICES.
-
ANNUAL CONVENTION AND CONFERENCES HELD FOR THE BENEFIT OF MEMBERS NATIONWIDE. MAJOR EXPENSES INCLUDE TRAVEL, HOTEL, HALL RENTAL, BUSING, DECORATING, ACTIVITIES, AND SPEAKERS.
Expenses $1,559,050
-
BENEFIT PROGRAMS FOR A.R.A. MEMBERS - SUCH AS THE MONTHLY PUBLICATION OF "RENTAL MANAGEMENT" MAGAZINE, SEMINARS, PRODUCT SURVEYS, SAFETY GUIDELINES, EMPLOYEE TRAINING MANUALS, CALENDARS, AUDIO/VISUAL AIDS, ETC. THESE PROGRAMS ARE FUNDED THROUGH MEMBERSHIP DUES AND PROGRAM CHARGES. THE "RENTAL MANAGEMENT" MAGAZINE ADVERTISING REVENUE OF $1,903,361 IS UNRELATED BUSINESS REVENUE.
Expenses $12,125,916 · Revenue $7,057,845
As filed on the 2022 return.
Listed in Part VII
-
Andrew HeesackerANDREW HEESACKER
REGION SEVEN DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott PeveySCOTT PEVEY
ASSOCIATE MEMBER DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John ScottJOHN SCOTT
REGION THREE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angie VenekampANGIE VENEKAMP
REGION TEN DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian A RichardsonBRIAN A RICHARDSON
REGION TWO DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve RicciSTEVE RICCI
REGION EIGHT DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John JeanguenatJOHN JEANGUENAT
EQUIPMENT RENTAL SIG CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Doug HaasDOUG HAAS
REGION SIX DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert H PedersenROBERT H PEDERSEN
EQUIPMENT RENTAL SIG CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Alberto PianelliALBERTO PIANELLI
REGION NINE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary CrosslinMARY CROSSLIN
ASSOCIATE MEMBER DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julie Creedon-Linton CerpJULIE CREEDON-LINTON CERP
REGION ONE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Delores Crum CerpDELORES CRUM CERP
EVENT RENTAL SIG CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dean Miller CerpDEAN MILLER CERP
REGION FIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bryce PuckettBRYCE PUCKETT
REGION FOUR DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve MauSTEVE MAU
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Dan HooksDAN HOOKS
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Scott IrwinSCOTT IRWIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Tony ConantTONY CONANT
CHIEF EXECUTIVE OFFICER
- Total calculated
- $735,806
- From this org
- $680,105
- From related orgs
- $0
- Other
- $55,701
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $680,105
- Bonus
- $0
- Other
- $0
- Deferred
- $24,700
- Nontaxable benefits
- $31,001
- Filer's total
- $735,806
-
Chris HammesCHRIS HAMMES
VP ASSOCIATION SERVICES
- Total calculated
- $170,939
- From this org
- $155,497
- From related orgs
- $0
- Other
- $15,442
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,497
- Bonus
- $0
- Other
- $0
- Deferred
- $5,492
- Nontaxable benefits
- $9,950
- Filer's total
- $170,939
-
John McClellandJOHN MCCLELLAND
V.P. GOVERNMENT AFFAIRS
- Total calculated
- $295,417
- From this org
- $284,064
- From related orgs
- $0
- Other
- $11,353
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $284,064
- Bonus
- $0
- Other
- $0
- Deferred
- $9,973
- Nontaxable benefits
- $1,380
- Filer's total
- $295,417
-
Marcy WrightMARCY WRIGHT
C.F.O./C.O.O.
- Total calculated
- $278,402
- From this org
- $246,797
- From related orgs
- $0
- Other
- $31,605
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,797
- Bonus
- $0
- Other
- $0
- Deferred
- $8,800
- Nontaxable benefits
- $22,805
- Filer's total
- $278,402
-
James AuerbachJAMES AUERBACH
VP MEMBERSHIP
- Total calculated
- $207,118
- From this org
- $177,761
- From related orgs
- $0
- Other
- $29,357
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,761
- Bonus
- $0
- Other
- $0
- Deferred
- $6,552
- Nontaxable benefits
- $22,805
- Filer's total
- $207,118
-
Joshua NickellJOSHUA NICKELL
VP MEMBERSHIP
- Total calculated
- $202,200
- From this org
- $173,618
- From related orgs
- $0
- Other
- $28,582
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,618
- Bonus
- $0
- Other
- $0
- Deferred
- $6,360
- Nontaxable benefits
- $22,222
- Filer's total
- $202,200
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
- 1a · Travel for companions
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 1b · Written policy on the line-1a 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 1A
- THE OFFICERS OF THE BOARD OF DIRECTORS ARE ALLOWED TO BE ACCOMPANIED BY A GUEST ON TWO ADDITIONAL BUSINESS TRIPS EACH YEAR. THE ASSOCIATION ALLOWS THE TRAVEL OF ONE COMPANION FOR THE BOARD OF DIRECTORS TO THE ANNUAL RENTAL SHOW. FORM 1099'S ARE ISSUED FOR COMPANION TRAVEL.
- PART I, LINE 1B
- TRAVEL COMPANIONS DO NOT REIMBURSE THE ASSOCIATION. AS THE ABOVE DESCRIPTION INDICATES THE TRAVEL COMPANIONS ARE ISSUED 1099'S FOR THIS TRAVEL.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN RENTAL ASSOCIATION FOUNDATION
501(C)(3) · PHILANTHROPIC SUPPORT OF RENTAL INDUSTRY · DC
-
ARAPAC
527(F)(3) · LOBBYING FOR RENTAL INDUSTRY ISSUES · DC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ARA INSURANCE SERVICES INC
C · INSURANCE · MO · 100% owned · share of income $1,762,514 · share of assets $40,692,598 · controlled entity
-
ARA INSURANCE LTD
C · INSURANCE · CJ · 100% owned · share of income -$330,747 · share of assets $80,993,537 · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342129349300429
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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