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Toyota Lexus Minority Owners Dealership Assoc Inc

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

EIN: 453955836 ✦ Atlanta, GA ✦ Designated as a 501(c)(6)

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Overview

What is Toyota Lexus Minority Owners Dealership Assoc Inc?

Toyota Lexus Minority Owners Dealership Association Inc is a newly established nonprofit organization with a focus on promoting initiatives in the auto industry, specifically for minority dealerships. Their primary mission is to foster dealer development programs, with an emphasis on boosting opportunities for minorities in the sector. Through educational programs, they aim to advance the standing of minorities within the automotive industry, ultimately contributing to a more diverse and inclusive workforce. At present, the organization is in its initial stages of operation.


Official website here: www.tlmoda.org

Is Toyota Lexus Minority Owners Dealership Assoc Inc legitimate?

Toyota Lexus Minority Owners Dealership Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Toyota Lexus Minority Owners Dealership Assoc Inc 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.tlmoda.org

What is the mission statement of Toyota Lexus Minority Owners Dealership Assoc Inc?

Toyota Lexus Minority Owners Dealership Association Inc's mission is centered around supporting initiatives for dealer development programs. Currently in its startup phase, the organization is focused on advancing opportunities for minorities within the automobile industry. This includes providing educational programs to aid in this progression. The Association's primary goal is to foster growth and representation of minorities in the auto industry.


Official website here: www.tlmoda.org

Who is the CEO of Toyota Lexus Minority Owners Dealership Assoc Inc?

Robert D Hatchett Jr is the Executive Director of Toyota Lexus Minority Owners Dealership Assoc Inc.


Official website here: www.tlmoda.org

What is the revenue of Toyota Lexus Minority Owners Dealership Assoc Inc?

Toyota Lexus Minority Owners Dealership Assoc Inc's revenue in 2022 was $52,350.


Official website here: www.tlmoda.org

Who are the executives of Toyota Lexus Minority Owners Dealership Assoc Inc and what are their salaries?


Here are 7 key members and their salaries:


Robert D Hatchett Jr (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Colon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Herrerra (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Williams Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winston Pittman Sr (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kc Han (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Boulware (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tlmoda.org

Where can I find the form 990EZ for Toyota Lexus Minority Owners Dealership Assoc Inc?

Toyota Lexus Minority Owners Dealership Assoc Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.tlmoda.org

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

Mission Statement of Toyota Lexus Minority Owners Dealership Assoc Inc

Toyota Lexus Minority Owners Dealership Association, Inc., with a mission in the nascent stages, focuses on spearheading initiatives aimed at fostering growth within the auto industry's dealer network. The organization's primary objective is to champion the advancement of minorities in this sector. To achieve this, they have set their sights on educational programs as a means to empower and uplift those within the minority community involved in the auto industry. In essence, Toyota Lexus Minority Owners Dealership Association, Inc., is dedicated to promoting equity and opportunity within the automotive dealership landscape, particularly for individuals from underrepresented backgrounds.

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Impact




October, 2024

Toyota Lexus Minority Owners Dealership Association Inc. plays a crucial role in advancing minority representation within the automotive industry. By focusing on dealer development programs, the organization creates pathways for minority entrepreneurs to thrive in a competitive market. It actively supports educational initiatives designed to empower individuals with the knowledge and resources necessary to succeed as automotive dealers.

Operating from Atlanta, Georgia, the organization is dedicated to fostering a more inclusive environment in the auto industry, addressing the challenges and barriers that minorities often face. Through its efforts, it promotes economic empowerment and community improvement, ensuring that a broader range of voices and perspectives are represented in automotive business ownership. The association's commitment to minority advancement is vital for diversifying the industry and enhancing the contribution of underrepresented communities in this sector.




This information is meant to be a general summary of Toyota Lexus Minority Owners Dealership Assoc 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
$52,350 (2022)
Expenses
$64,069 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $10,000
  • Gross Receipts: $52,350

Assets and Liabilities:

  • Total Assets: $75,728
  • Total Liabilities: $0
  • Net Assets: $75,728

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Organization Details

Principal Officer

Robert D Hatchett Jr

Main Address

2451 CUMBERLAND PKWY SE STE 3534, ATLANTA, GA, 30339

NTEE Category

Code: S41 - Community improvement

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