Overview
What is Richmond Automobile Dealers Association?
The Richmond Automobile Dealers Association (RADA) is a nonprofit organization situated in Richmond, Virginia. Their primary mission is to promote the significance of motor vehicles and facilitate trade within the automobile industry. They accomplish this by sponsoring educational campaigns, organizing public exhibitions showcasing various motor vehicles, and disseminating relevant information to individuals engaged in this sector. Additionally, RADA provides opportunities for its members to network and exchange ideas, and offers training, education, and improvement in areas such as sales, service, repair, finance, and legal compliance. In line with their objectives, RADA organized an auto show featuring new cars and trucks from over 25 manufacturers, attended by 20,000 local residents. Furthermore, they played a role in organizing a food drive for the local food bank and conducted the Top Gun Challenge, a competition aimed at boosting automotive technicians' training certification.
Official website here: www.grncda.com
Is Richmond Automobile Dealers Association legitimate?
Richmond Automobile Dealers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Richmond Automobile Dealers Association 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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For more financial information, click here
Official website here: www.grncda.com
What is the mission statement of Richmond Automobile Dealers Association?
The Richmond Automobile Dealers Association is committed to sponsoring educational campaigns to emphasize the importance of motor vehicles. This includes hosting public exhibitions showcasing various types of motor vehicles. The association also works towards compiling and disseminating relevant information to individuals involved in the automobile industry, as well as the general public. In addition, they actively engage in and promote trade and commerce by providing an opportunity for association members to connect and exchange ideas. The association also focuses on training, educating, and improving the knowledge of its members in the fields of automotive sales, service and repair, finance, and legal compliance. They strive to accomplish other tasks deemed legally desirable and appropriate to further the common business interests of the members.
Official website here: www.grncda.com
Who is the CEO of Richmond Automobile Dealers Association?
Michael Burch is the Secretary of Richmond Automobile Dealers Association. The CEO's salary of Richmond Automobile Dealers Association is $0 and their total compensation is $0.
Official website here: www.grncda.com
What is the revenue of Richmond Automobile Dealers Association?
Richmond Automobile Dealers Association's revenue in 2022 was $89,515.
Official website here: www.grncda.com
Who are the executives of Richmond Automobile Dealers Association and what are their salaries?
Here are 9 key members and their salaries (Richmond Automobile Dealers Association's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.grncda.com
Where can I find the form 990 for Richmond Automobile Dealers Association?
Richmond Automobile Dealers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grncda.com
Learn more at the official website: www.grncda.com
Mission Statement of Richmond Automobile Dealers Association
The Richmond Automobile Dealers Association, in its mission, aims to promote the importance of motor vehicles by sponsoring educational campaigns and public exhibitions of various types of automobiles. They also compile and distribute relevant information to individuals involved in the automobile industry and the general public. The association leverages opportunities for its members to interact and exchange ideas, thereby fostering trade and commerce. Furthermore, Richmond Automobile Dealers Association actively invests in the education and improvement of its members' knowledge in the fields of automotive sales, service, repair, finance, and legal compliance. They strive to accomplish tasks that are legally desirable and appropriate to enhance the common business interests of their members.
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Impact
October, 2024
The Richmond Automobile Dealers Association plays a significant role in the local community by promoting the essentiality of motor vehicles through various educational campaigns and public exhibitions. One of its most impactful initiatives is the auto show, which showcases new cars and trucks from over 25 manufacturers and attracts around 20,000 local residents, fostering engagement with the automotive industry.
The Association actively disseminates valuable information to both industry professionals and the general public, ensuring an informed community that understands the importance of automotive advancements and services. By organizing platforms for dealers to meet and exchange ideas, it enhances trade and commerce within the automotive sector.
Additionally, initiatives like the "Top Gun Challenge," which focuses on increasing training certification among automotive technicians, help improve skills and knowledge within the industry. The Association also demonstrates its commitment to community well-being by orchestrating food drives in collaboration with local dealerships to support local food banks.
Overall, the Richmond Automobile Dealers Association not only strengthens the automotive business landscape but also contributes positively to community welfare, education, and engagement in Richmond, VA.
This information is meant to be a general summary of Richmond Automobile Dealers Association. 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: $76,785
- Program Service Revenue: $12,730
- Gross Receipts: $569,671
Assets and Liabilities:
- Total Assets: $836,710
- Total Liabilities: $46,374
- Net Assets: $790,336
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$9,900
GOLF EVENTS
Revenue
$2,830
Organization Details
Founding Year
1929
Phone
(804) 359-3578Principal Officer
Michael Burch
Main Address
PO BOX 5407, RICHMOND, VA, 23220
Website
www.grncda.comNTEE Category
Code: S41 - Community improvement
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