IOWA MOTOR TRUCK ASSOCIATION INC (EIN 420333061) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1943

Legal Domicile

Phone

5152445193

Tax Period

2023-10-01 to 2024-09-30

IOWA MOTOR TRUCK ASSOCIATION INC, founded in 1943, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $471K, a strong 18% operating margin.

Mission

IMTA OPERATES AS A SERVICE ORGANIZATION TO ENHANCE THE ABILITY OF ITS MEMBERS TO SAFELY AND EFFECTIVELY SERVE THE NATION'S TRANSPORTATION NEEDS THROUGH CONTINUOUS QUALITY IMPROVEMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,264,464

Investment Income $422,110

Other Revenue $0

TOTAL REVENUE $2,686,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $767,209

Fundraising Expenses $0

Program Expenses $1,979,440

Other Expenses $1,448,709

TOTAL EXPENSES $2,215,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,686,574	$2,071,452	+0.3%
Expenses	$2,215,918	$2,163,267	+0.0%
Net Income	$470,656	$-91,815	-6.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$382,089

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA S NEVILLE	President	40.00	Officer	$299,841	$82,248	$382,089
ROGER AMHOF	Director	5.00	Director	$0	$0	$0
BRENDA DITTMER	Director	5.00	Director	$0	$0	$0
DARLA ARENDS	Director	5.00	Director	$0	$0	$0
BLAKE GROLMUS	Director	5.00	Director	$0	$0	$0
JEFF ARENS	2ND VICE CHAIR	5.00	Officer Director	$0	$0	$0
MELINDA ANDERSON	Director	5.00	Director	$0	$0	$0
JUSTIN PHILIPP	Director	5.00	Director	$0	$0	$0
DALE DECKER	Director	5.00	Director	$0	$0	$0
ADRIAN DICKEY	PAST CHAIRMAN	5.00	Officer Director	$0	$0	$0
JEFF MARTIN	Director	5.00	Director	$0	$0	$0
SCOTT SZYMANEK	Chairman	5.00	Officer Director	$0	$0	$0
TOM JONES	Director	5.00	Director	$0	$0	$0
KEN REIF	Director	5.00	Director	$0	$0	$0
DON MCGLAUGHLIN	Director	5.00	Director	$0	$0	$0
DEAN KLOEWER	Director	5.00	Director	$0	$0	$0
BRENT MCKENZIE	Director	5.00	Director	$0	$0	$0
BRIAN KOHLWES	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
LANCE VOTROUBEK	Director	5.00	Director	$0	$0	$0
JASON SMITH	Director	5.00	Director	$0	$0	$0
TRAVIS THOMPSON	Director	5.00	Director	$0	$0	$0
BRAD KOHLWES	Director	5.00	Director	$0	$0	$0
K J HUENEMAN	Director	5.00	Director	$0	$0	$0
DAVE NEUWOHNER	Director	5.00	Director	$0	$0	$0
MARK OLSON	Director	5.00	Director	$0	$0	$0
GREG MCCOY	Director	5.00	Director	$0	$0	$0
DAVID RIGGAN	Director	5.00	Director	$0	$0	$0
JACK SAWYER	Director	5.00	Director	$0	$0	$0
STEVE SCHUSTER	Treasurer	5.00	Officer Director	$0	$0	$0
JOHN SMITH	Secretary	5.00	Officer Director	$0	$0	$0
MATT HURD	Director	5.00	Director	$0	$0	$0
STEVE SUKUP	Director	5.00	Director	$0	$0	$0
RORY TRIPLETT	Director	5.00	Director	$0	$0	$0
DAN VAN ALSTINE	Director	5.00	Director	$0	$0	$0
NICK THUMMEL	Director	5.00	Director	$0	$0	$0
JON SARRAZIN	Director	5.00	Director	$0	$0	$0
JEFF WANGSNESS	Director	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$2,686,574	$2,215,918	$3,596,050	$470,656
2023	$2,071,452	$2,163,267	$2,996,588	$-91,815
2022	$2,281,675	$1,942,031	$2,737,657	$339,644
2021	$1,917,139	$1,643,894	$3,246,956	$273,245
2020	$1,702,181	$1,462,227	$2,654,017	$239,954
2019	$1,982,851	$1,599,444	$2,323,766	$383,407

IOWA MOTOR TRUCK ASSOCIATION INC