Overview
What is Detroit Auto Dealers Association Charity Preview?
Detroit Auto Dealers Association Charity Preview is a charitable foundation that raises funds for local public charities. They achieve this goal by organizing a special event preceding the North American International Auto Show in Detroit, Michigan. This fundraising event, known as the Charity Benefit Preview, generates proceeds that are subsequently distributed to various local charities. The foundation's mission is centered around making grants to support these charities and contribute to the betterment of their communities.
Official website here: www.charitypreview.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Detroit Auto Dealers Association Charity Preview has achieved a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects the organization's strong practices, including a fully independent board and no material diversion of assets, showcasing a commitment to transparency and effective governance. Their financial management is solid, with an impressive program expense ratio of 94.67%, meaning that a significant portion of their resources is directed towards their mission.
While the organization excels in many areas, there are notable limitations, particularly the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. These shortcomings may raise concerns about governance practices, despite their overall financial strength. Nevertheless, the presence of an audit and oversight committee and the distribution of tax forms to board members further supports their accountability efforts.
Overall, the Detroit Auto Dealers Association Charity Preview demonstrates a strong commitment to financial integrity and effective use of resources, but the lack of certain governance policies suggests an area for potential improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Detroit Auto Dealers Association Charity Preview legitimate?
Detroit Auto Dealers Association Charity Preview is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Auto Dealers Association Charity Preview 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.charitypreview.com
What is the mission statement of Detroit Auto Dealers Association Charity Preview?
The Detroit Auto Dealers Association Charity Preview's mission is centered around making grants to various public charities. They achieve this by organizing a fundraising event, known as the Charity Benefit Preview, which takes place prior to the North American International Auto Show in Detroit, Michigan. The funds raised during this event are then distributed to local charities. This initiative aims to contribute to the betterment of the community by providing financial support to various public organizations in need.
Official website here: www.charitypreview.com
Who is the CEO of Detroit Auto Dealers Association Charity Preview?
Rodney Alberts is the Exec Vice Pr of Detroit Auto Dealers Association Charity Preview.
Official website here: www.charitypreview.com
What is the revenue of Detroit Auto Dealers Association Charity Preview?
Detroit Auto Dealers Association Charity Preview's revenue in 2023 was $2,278,413.
Official website here: www.charitypreview.com
Who are the executives of Detroit Auto Dealers Association Charity Preview and what are their salaries?
There 50 volunteers at Detroit Auto Dealers Association Charity Preview.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $550,944
- Other: $80,726
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.charitypreview.com
Where can I find the form 990 for Detroit Auto Dealers Association Charity Preview?
Detroit Auto Dealers Association Charity Preview's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.charitypreview.com
Learn more at the official website: www.charitypreview.com
Mission Statement of Detroit Auto Dealers Association Charity Preview
Detroit Auto Dealers Association Charity Preview is a nonprofit organization dedicated to making grants to various public charities. They achieve this mission by hosting a fundraising event, known as the Charity Benefit Preview, which takes place prior to the opening of the North American International Auto Show in Detroit, Michigan. The proceeds generated from this event are then distributed to local charities, thereby contributing to their cause and making a positive impact in the community. The Detroit Auto Dealers Association Charity Preview serves as a platform to raise funds for multiple charitable organizations, thereby contributing to their mission and goals.
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Impact
July, 2024
The impact of the Detroit Auto Dealers Association Charity Preview is substantial in supporting various public charities in the community. By holding a fundraising event before the North American International Auto Show in Detroit, Michigan, the organization raises significant funds that are then distributed to local charities. This direct financial support helps address critical needs in the community, particularly in the area of human services. Overall, the Charity Preview has a tangible and positive impact on the community by providing vital resources to those in need through its grant-making activities.
This information is meant to be a general summary of Detroit Auto Dealers Association Charity Preview. 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 2023.
- Investment Income: $11,469
- Program Service Revenue: $21,044
- Gross Receipts: $2,278,413
Assets and Liabilities:
- Total Assets: $622,337
- Total Liabilities: $95,687
- Net Assets: $526,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$21,044
Organization Details
Founding Year
1998
Phone
(248) 643-0250Principal Officer
Rodney Alberts
Main Address
1900 W BIG BEAVER ROAD, TROY, MI, 48084
Website
www.charitypreview.comNTEE Category
Code: P20 - Human services
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