Overview
What is North Carolina Automobile Dealers Association Inc?
The North Carolina Automobile Dealers Association Inc, located in Raleigh, North Carolina, is a nonprofit organization dedicated to supporting the automobile retail industry. Their mission is to promote the welfare of this sector. They accomplish this through various initiatives, including an annual convention to raise industry awareness and encourage networking. Additionally, they conduct several seminars annually, educating members on matters relevant to their business and industry. Furthermore, the association sponsors automotive education programs to further develop industry professionals. With a staff of eight individuals, they work to enhance the automobile retail industry in North Carolina.
Official website here: www.ncada.com
Is North Carolina Automobile Dealers Association Inc legitimate?
North Carolina Automobile Dealers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Carolina Automobile Dealers Association 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $690,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $389,960
For more financial information, click here
Official website here: www.ncada.com
What is the mission statement of North Carolina Automobile Dealers Association Inc?
The North Carolina Automobile Dealers Association Inc is dedicated to advancing the well-being of the automobile retail industry. They accomplish this through various activities, including an annual convention that enhances members' awareness of industry-related issues and encourages networking. The association also conducts numerous seminars annually, educating members on matters relevant to their business and industry. Furthermore, they support automotive education programs to foster professional development within the sector.
Official website here: www.ncada.com
What is the revenue of North Carolina Automobile Dealers Association Inc?
North Carolina Automobile Dealers Association Inc's revenue in 2023 was $2,776,078.
Official website here: www.ncada.com
Who are the executives of North Carolina Automobile Dealers Association Inc and what are their salaries?
The average compensation at North Carolina Automobile Dealers Association Inc during 2023 was $134,995. There are 8 employees and 25 volunteers at North Carolina Automobile Dealers Association Inc.
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Official website here: www.ncada.com
Where can I find the form 990 for North Carolina Automobile Dealers Association Inc?
North Carolina Automobile Dealers Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ncada.com
Learn more at the official website: www.ncada.com
Mission Statement of North Carolina Automobile Dealers Association Inc
The North Carolina Automobile Dealers Association Inc is committed to advancing the well-being of the automobile retail industry. To achieve this mission, the organization engages in various activities. One of their primary initiatives includes hosting an annual convention, which serves to increase member awareness of industry-related issues and fosters networking opportunities. Besides the convention, the association also conducts several seminars throughout the year. These educational events equip members with essential knowledge about their business and the industry. Moreover, the North Carolina Automobile Dealers Association Inc sponsors automotive education programs, further contributing to the professional growth and development of its members.
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Impact
October, 2024
The North Carolina Automobile Dealers Association Inc plays a pivotal role in enhancing the welfare of the automobile retail industry in the region. Through its annual convention, the association fosters awareness among its members regarding critical industry issues, while also providing invaluable networking opportunities. Additionally, by organizing several educational seminars throughout the year, the association ensures that members stay informed about pertinent business matters. Sponsorship of automotive education programs further reinforces its commitment to improving industry standards and practices, ultimately benefiting both dealers and consumers. In summary, the association significantly contributes to community improvement and the overall health of the automotive retail market in North Carolina.
This information is meant to be a general summary of North Carolina Automobile Dealers Association 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 2023.
- Investment Income: $182,116
- Program Service Revenue: $876,655
- Gross Receipts: $2,983,044
Assets and Liabilities:
- Total Assets: $6,794,328
- Total Liabilities: $1,638,388
- Net Assets: $5,155,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION & EDUCATION
Revenue
$876,655
Organization Details
Founding Year
1935
Principal Officer
T John Policastro
Website
www.ncada.comNTEE Category
Code: S41 - Community improvement
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