General Motors Minority Dealers Assoc Gmmda

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

EIN: 383169942 ✦ Royal oak, MI ✦ Designated as a 501(c)(6)

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Overview

What is General Motors Minority Dealers Assoc Gmmda?

General Motors Minority Dealers Association, abbreviated as GMMDA, is a nonprofit organization situated in Royal Oak, Michigan. Their primary mission is to foster opportunities for minorities to establish and sustain automobile dealerships. As a 501(c)(6) association, GMMDA does not provide any specific programs. Instead, they focus on empowering minorities in the automotive industry by facilitating dealership acquisition and maintenance.


Official website here: www.gmmda.org

Is General Motors Minority Dealers Assoc Gmmda legitimate?

General Motors Minority Dealers Assoc Gmmda is a legitimate nonprofit organization registered as a 501(c)(6) entity. General Motors Minority Dealers Assoc Gmmda submitted a form 990EZ, 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.


Official website here: www.gmmda.org

What is the mission statement of General Motors Minority Dealers Assoc Gmmda?

The General Motors Minority Dealers Association, as a 501(c)(6) organization, primarily focuses on enhancing opportunities for minorities to acquire and sustain automobile dealerships. However, it does not provide any specific programs itself. The organization's mission, in essence, is to foster an environment that encourages and supports minority participation in the automobile dealership sector.


Official website here: www.gmmda.org

Who is the CEO of General Motors Minority Dealers Assoc Gmmda?

Marjorie M Staten is the Executive Director of General Motors Minority Dealers Assoc Gmmda.


Official website here: www.gmmda.org

What is the revenue of General Motors Minority Dealers Assoc Gmmda?

General Motors Minority Dealers Assoc Gmmda's revenue in 2022 was $133,933.


Official website here: www.gmmda.org

Who are the executives of General Motors Minority Dealers Assoc Gmmda and what are their salaries?


Here are 9 key members and their salaries:


Lonnie Bennett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Cole (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Brogden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Alaniz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Borjon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Dena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lynch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Stuteville (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie M Staten (Executive Director)
  • Compensation: $97,500
  • Related: $0
  • Other: $0


Official website here: www.gmmda.org

Where can I find the form 990EZ for General Motors Minority Dealers Assoc Gmmda?

General Motors Minority Dealers Assoc Gmmda's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.gmmda.org

Learn more at the official website: www.gmmda.org

Mission Statement of General Motors Minority Dealers Assoc Gmmda

General Motors Minority Dealers Association, abbreviated as GMMDA, is dedicated to enhancing opportunities for minorities in the realm of automobile dealerships. Acting as a 501 (c) (6) association, GMMDA does not provide any direct programs but focuses on empowering minorities to acquire and maintain dealerships within the automotive industry. By doing so, the organization contributes to promoting diversity and inclusivity within the sector, thereby fostering a more equitable business environment.

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Impact




October, 2024

The General Motors Minority Dealers Association (GMMDA) significantly impacts the automotive industry by enhancing opportunities for minorities to acquire and maintain automobile dealerships. By fostering a more inclusive environment, the organization helps bridge the gap for underrepresented groups in the dealership sector, promoting diversity and equity.

Through its efforts, the GMMDA plays a crucial role in empowering minority entrepreneurs, ensuring they have access to the resources, networks, and support necessary to succeed in a competitive market. This not only benefits the individuals involved but also contributes to a more diverse economy and reflects a broader range of perspectives and experiences in the automotive business. The GMMDA's commitment to community improvement further enhances its influence, as it encourages economic growth and opportunities within minority communities.




This information is meant to be a general summary of General Motors Minority Dealers Assoc Gmmda. 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
$133,933 (2022)
Expenses
$161,595 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Gross Receipts: $133,933

Assets and Liabilities:

  • Total Assets: $147,941
  • Total Liabilities: $0
  • Net Assets: $147,941

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Organization Details

Principal Officer

Marjorie M Staten

Main Address

418 N MAIN STREET 200, ROYAL OAK, MI, 48067

NTEE Category

Code: S41 - Community improvement

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