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The Center For Automotive Education And Training Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311798408 ✦ Whitestone, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Center For Automotive Education And Training Inc?

The Center for Automotive Education and Training Inc., located in Whitestone, New York, operates as a supporting organization under Section 509(A)(3) of the Internal Revenue Code, with the primary goal of supporting the activities of the Greater New York Automobile Dealers Association. Their mission is to foster excellence and ethical standards in all aspects of the automobile retail industry, encompassing management, sales, service, and traffic safety. The organization conducts educational seminars and classes to inform the public and enhance skills within the industry. Additionally, they provide training and employment opportunities to individuals not currently involved in the automotive sector. Their education facility operates with a focus on promoting integrity and best practices in the automotive retail industry.


Official website here: www.autoedcenter.com

Is The Center For Automotive Education And Training Inc legitimate?

The Center For Automotive Education And Training Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Automotive Education And Training 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,003

For more financial information, click here


Official website here: www.autoedcenter.com

What is the mission statement of The Center For Automotive Education And Training Inc?

The Center for Automotive Education and Training Inc., established as a supporting organization under Section 509(A)(3) of the Internal Revenue Code, aims to support the activities of the Greater New York Automobile Dealers Assn. Operating an education facility, its mission is to promote excellence and ethical standards in all phases of the automobile retail industry. This includes management, sales, service, and traffic safety. The organization strives to uphold high ethical standards and foster a culture of continuous improvement within the automobile retail sector.


Official website here: www.autoedcenter.com

What is the revenue of The Center For Automotive Education And Training Inc?

The Center For Automotive Education And Training Inc's revenue in 2023 was $2,379,661.


Official website here: www.autoedcenter.com

Who are the executives of The Center For Automotive Education And Training Inc and what are their salaries?

Here are 6 key members and their salaries:


Mark Schienberg (President/Ce)
  • Compensation: $0
  • Related: $1,232,491
  • Other: $43,615
Gary Schimmerling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lasorsa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Giordano (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver Brodlieb (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.autoedcenter.com

Where can I find the form 990 for The Center For Automotive Education And Training Inc?

The Center For Automotive Education And Training Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.autoedcenter.com

Learn more at the official website: www.autoedcenter.com

Mission Statement of The Center For Automotive Education And Training Inc

The Center for Automotive Education and Training Inc, established under Section 509(A)(3) of the Internal Revenue Code, serves as a supporting organization for the Greater New York Automobile Dealers Assn. The primary mission of this nonprofit entity is to promote excellence and ethical standards in all aspects of the automobile retail industry. This encompasses various phases, including management, sales, service, and traffic safety. By operating an education facility, The Center for Automotive Education and Training Inc aims to elevate the industry's standards, ensuring a professional and ethical environment that benefits both consumers and industry professionals alike.

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Impact




October, 2024

The Center For Automotive Education And Training Inc significantly impacts the automotive retail industry by promoting excellence and ethical standards across various sectors, including management, sales, service, and traffic safety. By offering educational programs, seminars, and classes, it enhances the skills of current industry professionals and educates the public about automotive practices.

Additionally, the center plays a crucial role in bridging the gap for individuals seeking employment in the automotive industry. Through its training initiatives, it provides valuable opportunities for students who are not currently engaged in the field, thus contributing to workforce development and ensuring that the industry is equipped with knowledgeable and skilled personnel. Overall, the CAET fosters a culture of ethical practices and continuous education, which not only benefits individuals but also elevates the standards of the automobile retail sector as a whole.




This information is meant to be a general summary of The Center For Automotive Education And Training 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.

Revenue
$2,379,661 (2023)
Expenses
$2,055,728 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $121,958
  • Program Service Revenue: $2,191,482
  • Gross Receipts: $2,803,499

Assets and Liabilities:

  • Total Assets: $4,334,793
  • Total Liabilities: $171,309
  • Net Assets: $4,163,484

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL PROGRAMS

Revenue

$2,191,482

Organization Details

Founding Year

2005

Principal Officer

Mark Schienberg

NTEE Category

Code: B28 - Education

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