Overview
What is Hampton Roads Automobile Dealers Assoc?
Hampton Roads Automobile Dealers Association (HRADA) is a nonprofit organization situated in Richmond, Virginia. Their primary mission is to foster a conducive environment for automobile sales and services by encouraging collaboration among local dealers. By gathering dealers to exchange information and ideas, HRADA aims to enhance the overall industry. The association also hosts an annual event, an automobile show, providing the public with an opportunity to explore a variety of vehicle models under one roof. This event serves as a platform for the public to explore almost every car make available in the region.
Official website here: www.hrada.com
Is Hampton Roads Automobile Dealers Assoc legitimate?
Hampton Roads Automobile Dealers Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hampton Roads Automobile Dealers Assoc 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.hrada.com
What is the mission statement of Hampton Roads Automobile Dealers Assoc?
The Hampton Roads Automobile Dealers Association (HRADA) aims to foster a conducive environment for automobile sales and services. They achieve this by facilitating the collaboration of local automobile dealers, enabling them to share information and ideas. One of HRADA's significant initiatives is organizing an annual automobile show, providing the public with the chance to view a wide array of vehicles from various manufacturers under one roof. This event aims to cater to the public's interest in exploring the latest automobile models available in the market. By bringing dealers together and offering educational opportunities, HRADA seeks to enhance the overall automobile sales and services sector.
Official website here: www.hrada.com
Who is the CEO of Hampton Roads Automobile Dealers Assoc?
Donald L Hall is the Director of Hampton Roads Automobile Dealers Assoc.
Official website here: www.hrada.com
What is the revenue of Hampton Roads Automobile Dealers Assoc?
Hampton Roads Automobile Dealers Assoc's revenue in 2022 was $714,423.
Official website here: www.hrada.com
Who are the executives of Hampton Roads Automobile Dealers Assoc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.hrada.com
Where can I find the form 990 for Hampton Roads Automobile Dealers Assoc?
Hampton Roads Automobile Dealers Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hrada.com
Learn more at the official website: www.hrada.com
Mission Statement of Hampton Roads Automobile Dealers Assoc
Hampton Roads Automobile Dealers Association, often abbreviated as HRADA, has a mission to foster a conducive environment for automobile sales and services. They achieve this by bringing together local automobile dealers, encouraging information and idea sharing among them. This collaborative approach aims to enhance the overall automobile sales and services sector.
To further promote its mission, HRADA organizes an annual event called the Automobile Show. This show offers the public an exceptional opportunity to explore a wide array of vehicles, representing almost every automobile make and model, all in one location. This event not only serves as an excellent platform for consumers to make informed decisions but also provides dealers with an opportunity to showcase their offerings and network with potential clients.
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Impact
October, 2024
The Hampton Roads Automobile Dealers Association (HRADA) plays a vital role in enhancing the automobile sales and service environment in the Richmond area and beyond. By fostering collaboration among local automobile dealers, HRADA facilitates the sharing of information and ideas, which ultimately benefits both dealers and consumers.
One of its significant contributions is the organization of automobile shows, which provide the public with a unique opportunity to explore nearly every make and model of vehicle available in one convenient location. This accessibility enhances consumer awareness and choice, empowering potential buyers with valuable information as they navigate their purchasing decisions.
Moreover, HRADA's efforts to bring dealers together create a community-oriented atmosphere that promotes best practices and innovation within the automotive industry. This collective environment not only improves the sales processes but also elevates the overall customer experience, leading to a more informed and satisfied consumer base.
In summary, HRADA's initiatives significantly impact local automobile dealerships, foster community engagement, and enhance the overall landscape of automobile sales and services in the region.
This information is meant to be a general summary of Hampton Roads Automobile Dealers Assoc. 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: $43,731
- Program Service Revenue: $670,692
- Gross Receipts: $755,262
Assets and Liabilities:
- Total Assets: $752,356
- Total Liabilities: $383,468
- Net Assets: $368,888
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUTO SHOW
Revenue
$492,597
GOLF TOURNAMENT
Revenue
$123,476
MEMBERSHIP DUES
Revenue
$54,619
Organization Details
Founding Year
1922
Phone
(804) 359-3578Principal Officer
Donald L Hall
Main Address
PO BOX 5407, RICHMOND, VA, 23220
Website
www.hrada.comNTEE Category
Code: S41 - Community improvement
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