Overview
What is Connecticut Automotive Retailers Association Inc?
Connecticut Automotive Retailers Association Inc, located in Hartford, Connecticut, serves as a vital resource for its automotive retailer members. Acting as an information clearinghouse, it facilitates communication between its members and various government agencies. Furthermore, the organization functions as a purchasing agent, securing group rates for services, supplies, and insurance, thereby offering substantial cost savings to its members. The association administered the vehicle online registration system, further strengthening its role in supporting its members' operations. With a workforce of five dedicated individuals, the Connecticut Automotive Retailers Association Inc plays a crucial role in the automotive retail industry in the state.
Official website here: www.ctcar.org
Is Connecticut Automotive Retailers Association Inc legitimate?
Connecticut Automotive Retailers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Connecticut Automotive Retailers Association Inc 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: $160,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,247
For more financial information, click here
Official website here: www.ctcar.org
What is the mission statement of Connecticut Automotive Retailers Association Inc?
The Connecticut Automotive Retailers Association Inc serves as a bridge between its member businesses and various government agencies, acting as a centralized source of information. Additionally, the organization functions as a purchasing agent, offering its members discounted rates on services, supplies, and insurance. Notably, the Association administered the online vehicle registration system for its members, further facilitating their operations. In essence, the mission of the Connecticut Automotive Retailers Association Inc is to provide valuable resources and cost-saving benefits to its members, thereby enhancing their overall business operations.
Official website here: www.ctcar.org
Who is the CEO of Connecticut Automotive Retailers Association Inc?
Sarah Fryxell is the President of Connecticut Automotive Retailers Association Inc.
Official website here: www.ctcar.org
What is the revenue of Connecticut Automotive Retailers Association Inc?
Connecticut Automotive Retailers Association Inc's revenue in 2022 was $901,772.
Official website here: www.ctcar.org
Who are the executives of Connecticut Automotive Retailers Association Inc and what are their salaries?
The average compensation at Connecticut Automotive Retailers Association Inc during 2022 was $57,249. There are 5 employees and 18 volunteers at Connecticut Automotive Retailers Association Inc.
Here are 19 key members and their salaries:
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Official website here: www.ctcar.org
Where can I find the form 990 for Connecticut Automotive Retailers Association Inc?
Connecticut Automotive Retailers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ctcar.org
Learn more at the official website: www.ctcar.org
Mission Statement of Connecticut Automotive Retailers Association Inc
Connecticut Automotive Retailers Association Inc serves as a vital intermediary between its member businesses and various government agencies. Its primary mission is to act as a purchasing agent, securing services, supplies, and insurance at advantageous group rates for its members. In essence, the organization serves to streamline procurement processes and leverage the collective buying power of its members, thereby providing cost savings and operational efficiency. Furthermore, Connecticut Automotive Retailers Association Inc also functions as an information clearinghouse, facilitating the exchange of information between its members and the relevant government entities.
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Impact
October, 2024
Connecticut Automotive Retailers Association Inc plays a significant role in supporting the automotive retail industry in Connecticut by serving as an essential link between its members and various government agencies. This connection facilitates effective communication and helps members stay informed about regulations, policies, and changes impacting their businesses.
Furthermore, the organization enhances the operational efficiency of its members by acting as a purchasing agent. By aggregating demand, it enables automotive retailers to access services, supplies, and insurance at competitive group rates, leading to cost savings and improved financial viability for these businesses.
In addition to these services, the Connecticut Automotive Retailers Association Inc administers the vehicle online registration system for its members, streamlining processes and reducing administrative burdens. This efficiency ultimately benefits consumers as well, contributing to a more effective and responsive automotive retail environment in the state.
In summary, the association's impact extends beyond individual businesses, fostering community improvement by supporting local economies, promoting best practices, and ensuring that automotive retailers can operate efficiently and competitively.
This information is meant to be a general summary of Connecticut Automotive Retailers Association Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $490
- Program Service Revenue: $417,609
- Gross Receipts: $959,403
Assets and Liabilities:
- Total Assets: $487,813
- Total Liabilities: $161,052
- Net Assets: $326,761
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$352,951
SEMINAR, TRADE AND SYM
Revenue
$43,697
CAPITAL STRATEGIC FUND
Revenue
$20,961
Organization Details
Founding Year
1921
Phone
(860) 293-2500Principal Officer
Sarah Fryxell
Main Address
36 TRUMBULL STREET, HARTFORD, CT, 06103
Website
www.ctcar.orgNTEE Category
Code: S41 - Community improvement
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