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Servnet Inc

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

EIN: 352356005 ✦ Chattanooga, TN ✦ Designated as a 501(c)(6)

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Overview

What is Servnet Inc?

Servnet Inc, located in Chattanooga, Tennessee, is a nonprofit association primarily focused on advancing the interests of its members, which are strategically located independent wholesale auto auctions. The organization provides a comprehensive range of remarketing services, including expert auctioneers, thorough inspections, vehicle reconditioning, transportation assistance, and inventory financing. Servnet Inc's mission is to support its members in providing the best possible services to new and used vehicle dealers, car manufacturers, rental companies, financial institutions, and fleet and leasing management operations. By working together, member auctions aim to offer the full spectrum of remarketing solutions to their clients.


Official website here: www.servnetauctions.com

Is Servnet Inc legitimate?

Servnet Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Servnet 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: $0

For more financial information, click here


Official website here: www.servnetauctions.com

What is the mission statement of Servnet Inc?

Servnet Inc, as an association, is dedicated to serving its member-owned wholesale auto auctions. Its primary goal is to advance the interests of these members, which are strategically located independent auctions across the United States. The organization facilitates the provision of a comprehensive range of remarketing services, such as auctioneering, inspections, reconditioning, transportation assistance, and inventory financing. By working together, these member auctions aim to offer the best services to their clients, including new and used vehicle dealers, car manufacturers, car rental companies, banks, financial institutions, and fleet and leasing management operations.


Official website here: www.servnetauctions.com

Who is the CEO of Servnet Inc?

Eric Autenrieth is the Chairman of Servnet Inc.


Official website here: www.servnetauctions.com

What is the revenue of Servnet Inc?

Servnet Inc's revenue in 2022 was $1,001,335.


Official website here: www.servnetauctions.com

Who are the executives of Servnet Inc and what are their salaries?


Here are 7 key members and their salaries:


Eric Autenrieth (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Angelicchio (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Bailey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Barber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Clark (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sullivan (Assistant Director)
  • Compensation: $210,529
  • Related: $0
  • Other: $0


Official website here: www.servnetauctions.com

Where can I find the form 990 for Servnet Inc?

Servnet Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.servnetauctions.com

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

Mission Statement of Servnet Inc

Servnet Inc, an organization dedicated to the interests of strategically located independent wholesale auto auctions in the United States, aims to advance these members' goals. The association operates within legal and public interest boundaries, focusing on enhancing the benefits for its members. Servnet Inc's members, primarily new and used vehicle dealers, auto manufacturers, car rental companies, banks, financial institutions, and fleet and leasing management operations, collaborate to offer a comprehensive range of remarketing services. This collective effort encompasses top-notch auctioneers, thorough inspections, vehicle reconditioning, transportation assistance, and inventory financing. By working together, Servnet Inc's member auctions ensure the provision of a complete suite of services, empowering their clients to effectively manage and sell their vehicles.

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Impact




October, 2024

Servnet Inc significantly enhances the remarketing landscape for independently-owned wholesale auto auctions across America. By providing a comprehensive suite of services—including auctioneering, inspections, reconditioning, transportation assistance, and inventory financing—Servnet plays a crucial role in maximizing the efficiency and effectiveness of member auctions.

Operating from Chattanooga, TN, Servnet facilitates collaboration among its member auctions, enabling them to deliver top-notch services to a diverse range of clients such as vehicle dealers, auto manufacturers, rental companies, banks, and financial institutions. This cooperative approach not only improves operational capabilities but also strengthens the market position of independently-owned auctions, ensuring they remain competitive in a rapidly evolving industry.

Furthermore, Servnet’s commitment to advancing the interests of its members contributes to community improvement by driving economic activity and supporting local businesses. By enhancing the remarketing process, Servnet fosters a more robust marketplace, ultimately benefiting not just its members but also the broader automotive ecosystem.




This information is meant to be a general summary of Servnet 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
$1,001,335 (2022)
Expenses
$1,032,590 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,001,335
  • Gross Receipts: $1,001,335

Assets and Liabilities:

  • Total Assets: $1,823,624
  • Total Liabilities: $10,020
  • Net Assets: $1,813,604

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Organization Details

Founding Year

2009

Principal Officer

Eric Autenrieth

Main Address

707 CASTLEVIEW DRIVE, CHATTANOOGA, TN, 37421

NTEE Category

Code: S41 - Community improvement

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