Overview
What is The Greater Metro Automobile Dealers Association Of Minnesota Inc?
The Greater Metro Automobile Dealers Association of Minnesota Inc. is a voluntary organization primarily comprised of major new car and truck dealerships in the Minneapolis/Saint Paul metropolitan area. Located at 200 Lothenburg Avenue, West St Paul, MN 55118, the association is known for hosting the largest auto show in the Upper Midwest annually. One of their key roles is maintaining the positive character and reputation of newly franchised automobile and truck dealers in Minnesota. They achieve this by providing news releases regarding the industry to local newspapers, radio, and television stations. The association has gained national recognition for their BBB Advertising Review Program, which aids dealerships in adhering to ethical standards in their advertising. The Minnesota Attorney General has commended this program as an exemplary instance of self-regulation to promote ethical practices within the industry. In essence, The Greater Metro Automobile Dealers Association of Minnesota Inc. works towards promoting the automobile industry in the seven-county metropolitan area.
Official website here: www.gmada.com
Is The Greater Metro Automobile Dealers Association Of Minnesota Inc legitimate?
The Greater Metro Automobile Dealers Association Of Minnesota Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Greater Metro Automobile Dealers Association Of Minnesota 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.
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Official website here: www.gmada.com
What is the mission statement of The Greater Metro Automobile Dealers Association Of Minnesota Inc?
The Greater Metro Automobile Dealers Association Of Minnesota Inc's mission is to foster the growth and reputation of the automobile industry within the seven-county metropolitan area. As a voluntary organization, it primarily represents the majority of new car and truck franchised dealerships in this region. One of its key initiatives is organizing the largest auto show in the Upper Midwest annually. Additionally, the association works towards maintaining the ethical standards of dealerships by providing news releases to local media and running an advertising review program with the Better Business Bureau (BBB). This program has garnered recognition for promoting ethical practices in advertising within Minnesota's automobile industry.
Official website here: www.gmada.com
Who is the CEO of The Greater Metro Automobile Dealers Association Of Minnesota Inc?
Scott Lambert is the Chair of The Greater Metro Automobile Dealers Association Of Minnesota Inc.
Official website here: www.gmada.com
What is the revenue of The Greater Metro Automobile Dealers Association Of Minnesota Inc?
The Greater Metro Automobile Dealers Association Of Minnesota Inc's revenue in 2022 was $1,961,441.
Official website here: www.gmada.com
Who are the executives of The Greater Metro Automobile Dealers Association Of Minnesota Inc and what are their salaries?
There 13 volunteers at The Greater Metro Automobile Dealers Association Of Minnesota Inc.
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Official website here: www.gmada.com
Where can I find the form 990 for The Greater Metro Automobile Dealers Association Of Minnesota Inc?
The Greater Metro Automobile Dealers Association Of Minnesota Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gmada.com
Learn more at the official website: www.gmada.com
Mission Statement of The Greater Metro Automobile Dealers Association Of Minnesota Inc
The Greater Metro Automobile Dealers Association of Minnesota Inc, a voluntary organization, is committed to promoting the automobile industry in the seven-county metropolitan area. Their mission is to elevate the reputation and character of newly franchised automobile and truck dealerships within this region. They accomplish this by providing news releases about the industry to local newspapers, radio, and television stations. The association has gained national recognition for its BBB Advertising Review Program, which helps dealerships in Minnesota maintain ethical standards in their advertising. This program, a collaboration between the association and the Better Business Bureau, is seen as an exemplary instance of self-regulation within an industry, promoting ethical practices. The Minnesota Attorney General has commended this program, acknowledging its potential to foster ethical conduct within the automobile industry.
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Impact
October, 2024
The Greater Metro Automobile Dealers Association of Minnesota Inc. plays a significant role in promoting and supporting the automobile industry within the seven-county metropolitan area. By representing the majority of new car and truck franchised dealerships, GMADA fosters a collaborative environment that benefits both consumers and dealerships.
One of the key impacts of GMADA is their organization of the largest auto show in the Upper Midwest each year, creating a platform for dealerships to showcase their vehicles and connect with potential customers. This event not only stimulates local interest in the automotive market but also serves as an economic driver for the region.
Additionally, GMADA actively works to maintain the integrity and reputation of automobile dealerships through its advertising review program, which has garnered national attention. This initiative promotes ethical advertising practices and self-regulation, ensuring that consumers can trust the information provided by dealerships. The recognition from the Minnesota Attorney General highlights the effectiveness of this program as a model for ethical standards within the industry.
Moreover, GMADA takes the initiative to keep the public informed about the automotive sector through press releases and communications with local media outlets. This effort helps establish a transparent relationship between dealerships and the community, enhancing the overall perception of the industry.
Overall, The Greater Metro Automobile Dealers Association of Minnesota Inc. significantly impacts the local economy, fosters community trust, and promotes ethical practices within the automotive industry.
This information is meant to be a general summary of The Greater Metro Automobile Dealers Association Of Minnesota 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: $10,514
- Program Service Revenue: $1,950,927
- Gross Receipts: $2,099,441
Assets and Liabilities:
- Total Assets: $1,207,964
- Total Liabilities: $1,093,895
- Net Assets: $114,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL AUTO SHOW
Revenue
$1,723,747
DUES
Revenue
$227,180
Organization Details
Founding Year
1971
Phone
(952) 831-8019Principal Officer
Scott Lambert
Main Address
200 LOTHENBACH AVENUE, WEST ST PAUL, MN, 55118
Website
www.gmada.comNTEE Category
Code: S41 - Community improvement
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