Civic Intelligence

Commercial Vehicle Solutions Network

990 • Fiscal year 2021 • EIN 42-0761277

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 03, 2022

3943-2 Baymeadows RoadJacksonville, FL 32217

(904) 737-2900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

2nd percentile

-64%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$168,032

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 44.2% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

5th percentile

-13%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-51%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,678,510

Down $258,834 (-13%) from 2020

Net Assets

Down

$1,677,300

Down $241,913 (-13%) from 2020

Liabilities

Down

$1,210

Down $16,921 (-93%) from 2020

Revenue

Down

$379,923

Down $394,652 (-51%) from 2020

Expenses

Up

$621,836

Up $17,435 (+2.9%) from 2020

Net Income

Down

-$241,913

Down $412,087 (-242%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2013: $549,375Liabilities 2013: $15,158Net Assets 2013: $534,2172013Assets 2014: $656,734Liabilities 2014: $2,317Net Assets 2014: $654,4172014Assets 2015: $1,057,284Liabilities 2015: $161,808Net Assets 2015: $895,4762015Assets 2016: $1,396,533Liabilities 2016: $203,607Net Assets 2016: $1,192,9262016Assets 2017: $1,651,047Liabilities 2017: $27,408Net Assets 2017: $1,623,6392017Assets 2018: $1,788,751Liabilities 2018: $215,353Net Assets 2018: $1,573,3982018Assets 2019: $1,761,253Liabilities 2019: $12,214Net Assets 2019: $1,749,0392019Assets 2020: $1,937,344Liabilities 2020: $18,131Net Assets 2020: $1,919,2132020Assets 2021: $1,678,510Liabilities 2021: $1,210Net Assets 2021: $1,677,3002021Assets 2022: $1,678,745Liabilities 2022: $46,257Net Assets 2022: $1,632,4882022

Highlighted filing

2021

Assets$1,678,510
Liabilities$1,210
Net Assets$1,677,300

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $810,286Expenses 2013: $643,529Net Income 2013: $166,7572013Revenue 2014: $875,732Expenses 2014: $755,532Net Income 2014: $120,2002014Revenue 2015: $1,018,057Expenses 2015: $776,998Net Income 2015: $241,0592015Revenue 2016: $1,081,640Expenses 2016: $784,190Net Income 2016: $297,4502016Revenue 2017: $1,004,854Expenses 2017: $574,141Net Income 2017: $430,7132017Revenue 2018: $1,301,623Expenses 2018: $1,351,864Net Income 2018: -$50,2412018Revenue 2019: $1,523,530Expenses 2019: $1,347,889Net Income 2019: $175,6412019Revenue 2020: $774,575Expenses 2020: $604,401Net Income 2020: $170,1742020Revenue 2021: $379,923Expenses 2021: $621,836Net Income 2021: -$241,9132021Revenue 2022: $1,341,697Expenses 2022: $1,387,804Net Income 2022: -$46,1072022

Highlighted filing

2021

Revenue$379,923
Expenses$621,836
Net Income-$241,913
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 3, 2022
Return Version
2021v4.0
Gross Receipts
$379,923
Mission and Program Overview

Mission

Educate and train aftermarket distributors serving the transportation industry. The organization serves as the unified voice of the independent aftermarket distributor and continually provides education and training for its members with the goal of achieving business best practices. The organization also offers technical training to keep up with the continued changes in vehicle technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,787,724$1,620,837▼ $166,887
Accounts Receivable$63,421$29,171▼ $34,250
Prepaid Expenses and Deferred Charges$83,678$27,029▼ $56,649
Land, Buildings, and Equipment, Net$2,521$1,473▼ $1,048
Total Assets$1,937,344$1,678,510▼ $258,834
Liabilities
Accounts Payable and Accrued Expenses$18,131$1,210▼ $16,921
Total Liabilities$18,131$1,210▼ $16,921
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,919,213$1,677,300▼ $241,913
Total Net Assets Fund Balance$1,919,213$1,677,300▼ $241,913
Total Liabilities and Net Assets / Fund Balance$1,937,344$1,678,510▼ $258,834

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,473$19,943$21,416
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angelo VolpeExecutive VPFT$166,269$1,763$168,032
Angelo VolpeExecutive VP/secreta-$166,269$1,763$168,032

Board Members and Trustees

NameTitle
Nick SeidelPresident
Chris BaerDirector
Marc-philippe BeaudoinDirector
Michael Callison JrDirector
Mike HarrisDirector
Tina HubbardDirector
Brian RiegerSupplier Director
Matt FornerSupplier Director
Nick TosieSupplier Director
Sean RyanEx-officio
Corey MillerTreasurer
Ian JohnstonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$198,500
Program Service Revenue
$181,267
Investment Income
$156
Other Revenue
$0
Change in Net Assets
$-241,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$379,923
Total Revenue per Audited Statements
$379,923
Total Revenue per Form 990
$379,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$327,036
Salaries, Compensation, and Employee Benefits$294,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$200,402$50,100-$250,502
Fees for Services Lobbying$41,577$10,394-$51,971
Travel$31,174$7,793-$38,967
Other Employee Benefits$19,736$4,934-$24,670
Office Expenses$15,566$4,650-$20,216
Payroll Taxes$15,702$3,926-$19,628
Fees for Services Other$13,200$3,300-$16,500
Occupancy$1,599$14,387-$15,986
All Other Expenses$10,299$5,220-$15,519
Other Expenses$9,223$485-$9,708
Insurance$2,127$3,950-$6,077
Fees for Services Accounting$2,200$550-$2,750
Depreciation Depletion-$1,048-$1,048
Fees for Services Legal$686$172-$858
Advertising$539$135-$674
Total Functional Expenses$510,792$111,044$0$621,836

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$621,836
Total Expenses per Audited Statements$621,836
Total Expenses per Form 990$621,836
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

ORGANIZED WITH MEMBERS.

Form 990, Page 6, Part VI, Line 11B

Reviewed by designated management and board members.

Form 990, Page 6, Part VI, Line 15A

Reviewed and set by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Set by the executive director and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Commercial Vehicle Solutions
EIN
42-0761277
Phone
9047372900
Address
3943-2 BAYMEADOWS ROAD, JACKSONVILLE, FL 32217

Signing Officer

Name
Angelo Volpe
Title
Executive VP/secreta
Phone
9047372900
Signed
2022-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Seidel
Formed
1941
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
Ralston & Company Pa CPA
Address
8777 SAN JOSE BLVD BLDG E, JACKSONVILLE, FL 32217-4213
Preparer
Michael R Ritch
Phone
9047300440
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Educate and train aftermarket distributors serving the transportation industry. The organization serves as the unified voice of the independent aftermarket distributor and continually provides education and training for its members with the goal of achieving business best practices. The organization also offers technical training to keep up with the continued changes in vehicle technology.

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IRS990/ProgramServiceRevenueGrp/Desc1TRAINING SEMINARS
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IRS990/PYTotalRevenueAmt0774575
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0181267
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0LOBBYING EXPENDITURES CONSISTED OF EDUCATION LOBBYING IN REGARDS TO VARIOUS RIGHT TO REPAIR LEGISLATIONS, WHICH ARE IN THE DIRECT INTEREST OF THE ORGANIZATION AND ITS MEMBERS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART IV
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt019943
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATE AND TRAIN AFTERMARKET DISTRIBUTORS SERVING THE TRANSPORTATION INDUSTRY. THE ORGANIZATION SERVES AS THE UNIFIED VOICE OF THE INDEPENDENT AFTERMARKET DISTRIBUTOR AND CONTINUALLY PROVIDES EDUCATION AND TRAINING FOR ITS MEMBERS WITH THE GOAL OF ACHIEVING BUSINESS BEST PRACTICES. THE ORGANIZATION ALSO OFFERS TECHNICAL TRAINING TO KEEP UP WITH THE CONTINUED CHANGES IN VEHICLE TECHNOLOGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY DESIGNATED MANAGEMENT AND BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED AND SET BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SET BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/CityNm0JACKSONVILLE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032217
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGELO VOLPE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE VP/SECRETA
ReturnHeader/BusinessOfficerGrp/PhoneNum09047372900
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMERCIAL VEHICLE SOLUTIONS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0420761277
ReturnHeader/Filer/PhoneNum09047372900
ReturnHeader/Filer/USAddress/AddressLine1Txt03943-2 BAYMEADOWS ROAD
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032217
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591514060
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RALSTON & COMPANY PA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08777 SAN JOSE BLVD BLDG E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0322174213
ReturnHeader/PreparerPersonGrp/PhoneNum09047300440
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R RITCH

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