Overview
What is National Independent Automobile Dealers Association Foundation?
The National Independent Automobile Dealers Association Foundation, situated in Arlington, Texas, is a nonprofit organization dedicated to the education of current industry members and fostering future leaders in the used car industry. It offers scholarship opportunities for individuals pursuing a degree with the aim of joining the automotive sector. The foundation collaborates with corporate partners and educational leaders to maintain these opportunities, ensuring a continuous investment in the industry's future leaders. The primary mission of the NIADA Foundation is to identify and promote valuable educational and charitable opportunities for its members and corporate partners, addressing pressing needs at both local and national levels.
Official website here: www.niadafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. This high score reflects the National Independent Automobile Dealers Association Foundation's strong performance in accountability and finance, showcasing its commitment to transparency and effective management of funds.
The foundation demonstrates a robust governance structure with 90% of its board members being independent, which helps ensure unbiased decision-making. Additionally, it has no material diversion of assets, and it meets all requirements for policies related to conflicts of interest, whistleblower protections, and document retention. This level of oversight fosters trust among donors and stakeholders.
One of the organization's notable strengths is its exceptional program expense ratio of 100%, indicating that all of its expenses are directed towards its mission-driven programs. Overall, the foundation exemplifies responsible financial practices and effective stewardship of resources, although further details regarding its programmatic impacts could enhance understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is National Independent Automobile Dealers Association Foundation legitimate?
National Independent Automobile Dealers Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Independent Automobile Dealers Association Foundation 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: $76,554
For more financial information, click here
Official website here: www.niadafoundation.org
What is the mission statement of National Independent Automobile Dealers Association Foundation?
The National Independent Automobile Dealers Association Foundation exists to recognize and facilitate value-added opportunities for its members and corporate partners. These opportunities aim to address compelling education and charitable needs at both local and national levels. The foundation's mission is to help its members and partners understand and respond to these needs effectively. This is achieved through various means, including providing education related to compliance and business trends in the used car industry. Furthermore, the foundation offers scholarship opportunities to students aiming to enter the automotive field. The foundation collaborates with corporate partners and education leaders to ensure these opportunities continue into the future, thereby supporting the future leaders of the industry.
Official website here: www.niadafoundation.org
Who is the CEO of National Independent Automobile Dealers Association Foundation?
Jeff Martin is the President/Ceo of National Independent Automobile Dealers Association Foundation. The CEO's salary of National Independent Automobile Dealers Association Foundation is $0 and their total compensation is $339,377.
Official website here: www.niadafoundation.org
What is the revenue of National Independent Automobile Dealers Association Foundation?
National Independent Automobile Dealers Association Foundation's revenue in 2022 was $70,858.
Official website here: www.niadafoundation.org
Who are the executives of National Independent Automobile Dealers Association Foundation and what are their salaries?
There 9 volunteers at National Independent Automobile Dealers Association Foundation.
Here are 12 key members and their salaries (National Independent Automobile Dealers Association Foundation's CEO's salary is $0 and their total compensation is $339,377):
- Compensation: $0
- Related: $308,375
- Other: $31,002
- 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
- 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: $63,311
- Other: $4,623
- Compensation: $0
- Related: $175,000
- Other: $9,027
Official website here: www.niadafoundation.org
Where can I find the form 990 for National Independent Automobile Dealers Association Foundation?
National Independent Automobile Dealers Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.niadafoundation.org
Learn more at the official website: www.niadafoundation.org
Mission Statement of National Independent Automobile Dealers Association Foundation
The National Independent Automobile Dealers Association Foundation exists with a mission to recognize and facilitate value-added opportunities for its members and corporate partners. This mission is centered around responding to compelling education and charitable needs at both local and national levels. In simpler terms, the foundation aims to identify and promote beneficial initiatives that can help its members and corporate partners navigate industry-related challenges and contribute to worthy causes. To ensure the continuity of these opportunities, the foundation collaborates with educational institutions and industry leaders, thereby fostering the growth of future professionals in the automotive sector.
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Impact
August, 2024
The National Independent Automobile Dealers Association Foundation has a significant impact on the automotive industry by providing education and scholarship opportunities for current industry members and students pursuing a career in the automotive space. Through its programs, the foundation enhances the knowledge and skills of its members related to compliance, business trends, and practices in the used car industry. Additionally, the foundation collaborates with corporate partners and education leaders to ensure that these opportunities are sustained for future industry leaders. Overall, the foundation plays a crucial role in supporting the education and development of individuals within the automotive sector.
This information is meant to be a general summary of National Independent Automobile Dealers Association Foundation. 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: $1,858
- Gross Receipts: $70,858
Assets and Liabilities:
- Total Assets: $955,061
- Total Liabilities: $131,802
- Net Assets: $823,259
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Organization Details
Founding Year
2006
Phone
(817) 640-3838Principal Officer
Jeff Martin
Main Address
4621 S COOPER ST STE 131-524, ARLINGTON, TX, 76017
Website
www.niadafoundation.orgNTEE Category
Code: B82 - Education
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