Overview
What is Florida Automobile Dealers Association?
The Florida Automobile Dealers Association (FADA) is a prominent nonprofit organization situated in Tallahassee, Florida. Its principal mission is to foster a conducive business environment for Florida's franchised new car dealers. FADA accomplishes this by facilitating idea exchange among its members, offering information, technical assistance, education, and services. It encourages sound business policies and ethical standards, advocating for legislation that bolsters the automobile industry in Florida. Additionally, FADA represents its members before the state legislature, liaising with all line-make manufacturers. FADA strives to promote a competitive marketplace for Florida consumers, collaborating with regulatory agencies to ensure fair treatment of members while safeguarding consumer interests. It also collaborates with the media, consumer groups, and other business coalitions to enlighten the public on automobile industry issues and enhance Florida's business climate. FADA provides technical assistance, education, and services to its member dealerships, aiming to promote ethical standards and sound business policies. It represents new car, franchised automobile dealers through liaison with all line-make manufacturers. Its objectives include fostering a competitive marketplace for Florida consumers while ensuring fair treatment of members and protecting consumer interests. FADA works closely with regulatory agencies, media, consumer groups, and other business coalitions to promote and enhance Florida's business climate. With these diverse initiatives, the Florida Automobile Dealers Association strives to support and protect the interests of its members in the automobile industry.
Official website here: www.flada.org
What do the Facebook reviews say about Florida Automobile Dealers Association?
All six reviews on Facebook recommend the Florida Automobile Dealers Association, resulting in a perfect 100% approval rating. Here’s a summary of the comments shared:
While the overall sentiment towards the association seems positive, one review raises concerns about the quality of cars being sold, alleging that deceptive practices are at play. However, the predominant tone of the reviews indicates satisfaction with the organization, suggesting a positive experience for the majority of users.
Overall, it appears that while there is some criticism regarding specific sales practices, the Florida Automobile Dealers Association maintains a strong reputation among its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Florida Automobile Dealers Association legitimate?
Florida Automobile Dealers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Florida 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $309,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,130
For more financial information, click here
Official website here: www.flada.org
What is the mission statement of Florida Automobile Dealers Association?
The Florida Automobile Dealers Association (FADA) has a mission to serve its member dealerships effectively by facilitating the exchange of ideas, providing information, technical assistance, education, and products and services. The association encourages sound business policies and promotes ethical standards among its members. FADA works closely with the Florida legislature to advocate for legislation that benefits the automobile industry in the state. It represents new car, franchised auto dealers by liaising with all line make manufacturers. The association aims to promote a competitive marketplace for consumers, ensuring fair treatment of members while maintaining consumer interests. FADA also collaborates with regulatory agencies, media, consumer groups, and other business coalitions to educate the public on automobile industry issues and enhance Florida's business climate.
Official website here: www.flada.org
What is the revenue of Florida Automobile Dealers Association?
Florida Automobile Dealers Association's revenue in 2023 was $1,799,293.
Official website here: www.flada.org
Who are the executives of Florida Automobile Dealers Association and what are their salaries?
The average compensation at Florida Automobile Dealers Association during 2023 was $158,051. There are 3 employees and 38 volunteers at Florida Automobile Dealers Association.
Here are 38 key members and their salaries:
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Official website here: www.flada.org
Where can I find the form 990 for Florida Automobile Dealers Association?
Florida Automobile Dealers Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flada.org
Learn more at the official website: www.flada.org
Mission Statement of Florida Automobile Dealers Association
The Florida Automobile Dealers Association (FADA) has a mission to foster a conducive environment for its member dealerships. This is achieved by facilitating the exchange of ideas, providing relevant information, technical assistance, education, and products and services. FADA encourages sound business policies and promotes ethical standards within the automobile industry. The association actively engages with the Florida Legislature to advocate for legislation that strengthens the automobile industry in the state.
FADA represents new car, franchised auto dealers by maintaining a strong relationship with all line make manufacturers. The organization strives to establish a competitive marketplace for Florida consumers, ensuring fair treatment of its members while prioritizing the interests of consumers. FADA collaborates closely with Florida agencies that regulate the automobile industry and works closely with the media and consumer groups to educate the public on various automobile industry issues. Lastly, the association partners with other business and industry coalitions to promote and enhance Florida's overall business climate.
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Impact
October, 2024
The Florida Automobile Dealers Association (FADA) significantly impacts the automobile industry in the state by supporting and advocating for the interests of franchised new car dealers. It serves as a vital platform for the exchange of ideas among its members, ensuring they receive essential information, technical assistance, and education. This facilitates enhanced business practices and promotes ethical standards within the industry.
FADA actively works with the Florida Legislature to advocate for legislation that benefits the automobile sector, aiming to create a favorable regulatory environment. By representing the interests of its members in discussions with manufacturers and regulatory agencies, FADA helps ensure fair treatment while prioritizing consumer interests.
Moreover, FADA promotes a competitive marketplace for Florida consumers, encouraging transparency and ethical practices among dealerships. The association also collaborates with media and consumer groups to address industry issues, enhance public understanding, and improve the overall business climate in Florida.
Through these efforts, FADA plays a crucial role in the growth and sustainability of the automobile industry in Florida, ultimately benefiting both dealership members and consumers alike.
This information is meant to be a general summary of Florida 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 2023.
- Investment Income: $167,806
- Program Service Revenue: $776,581
- Gross Receipts: $1,799,293
Assets and Liabilities:
- Total Assets: $5,553,448
- Total Liabilities: $544,683
- Net Assets: $5,008,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES INCOME
Revenue
$651,536
NADA COMMISSIONS
Revenue
$86,923
EDUCATION INCOME
Revenue
$14,223
ADVERTISING
Revenue
$13,899
ANNUAL MEETING
Revenue
$10,000
Organization Details
Founding Year
1920
Principal Officer
Ted Smith
Website
www.flada.orgNTEE Category
Code: S41 - Community improvement
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