Overview
What is Kentucky Automobile Dealers Association Inc?
Kentucky Automobile Dealers Association Inc, based in Frankfort, Kentucky, serves as a platform for car dealers in the state. Its primary objective is to facilitate the exchange of ideas and information among its members, promoting sound business practices and policies. The association organizes an annual meeting, known as the KADA Convention, which includes workshops, board meetings, and events to address various issues such as workplace safety, economic concerns, and regulatory matters. The association is committed to upholding honesty and dependability in business operations, employing truth and accuracy in advertising, and continuously improving the industry. With around four employees, the Kentucky Automobile Dealers Association Inc aims to protect trade and commerce among dealers and their allies in Kentucky.
Official website here: www.kyada.com
Is Kentucky Automobile Dealers Association Inc legitimate?
Kentucky Automobile Dealers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kentucky 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,895
For more financial information, click here
Official website here: www.kyada.com
What is the mission statement of Kentucky Automobile Dealers Association Inc?
The Kentucky Automobile Dealers Association Inc, as per its mission statement, aims to foster a conducive environment for the exchange of ideas and information among its members. It encourages adherence to sound business practices and policies, promoting confidence, respect, and good fellowship within the motor vehicle industry. The association upholds integrity and honesty in its business operations, employing truth and accuracy in advertising and selling of automotive products. It is committed to continually improving its industry.
Official website here: www.kyada.com
Who is the CEO of Kentucky Automobile Dealers Association Inc?
Nancy Sparks is the President of Kentucky Automobile Dealers Association Inc.
Official website here: www.kyada.com
What is the revenue of Kentucky Automobile Dealers Association Inc?
Kentucky Automobile Dealers Association Inc's revenue in 2022 was $935,046.
Official website here: www.kyada.com
Who are the executives of Kentucky Automobile Dealers Association Inc and what are their salaries?
The average compensation at Kentucky Automobile Dealers Association Inc during 2022 was $80,974. There are 4 employees at Kentucky Automobile Dealers Association Inc.
Here are 7 key members and their salaries:
- Compensation: $174,861
- Related: $0
- Other: $23,596
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kyada.com
Where can I find the form 990 for Kentucky Automobile Dealers Association Inc?
Kentucky Automobile Dealers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kyada.com
Learn more at the official website: www.kyada.com
Mission Statement of Kentucky Automobile Dealers Association Inc
Kentucky Automobile Dealers Association Inc, with a strong commitment to maintaining integrity and reliability in the automotive industry, has established principles that guide its business operations. The association endeavors to promote honesty and dependability, ensuring truth and accuracy in advertising and sales of automotive products. It continually strives to improve the industry, demonstrating a dedication to enhancing the experience for both dealers and their allied partners. The Kentucky Automobile Dealers Association Inc is not just a facilitator of ideas and information exchange among its members, but also an advocate for sound business practices and policies, fostering a sense of unity and goodwill among all involved in the motor vehicle industry.
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Impact
October, 2024
Kentucky Automobile Dealers Association Inc. plays a significant role in advancing the interests and practices of the motor vehicle industry within the Commonwealth of Kentucky. By facilitating the exchange of ideas and information among its members, the association fosters a collaborative environment that encourages sound business practices and policies. This collective approach enhances confidence and respect among stakeholders in the industry, ultimately strengthening the relationships between dealers and their allied partners.
Through its annual KADA Convention, the association provides crucial resources such as workshops that address a wide range of relevant issues, including workplace safety, economic challenges, and regulatory concerns. This ongoing education empowers members to navigate the complexities of the automotive market more effectively.
Additionally, the association champions principles of honesty and dependability in business operations, promoting truth and accuracy in advertising and sales. By striving to improve the industry continuously, Kentucky Automobile Dealers Association Inc. not only elevates the standards of automotive dealers but also contributes to the overall economic vitality and community improvement within the region.
This information is meant to be a general summary of Kentucky 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 2022.
- Investment Income: $4,215
- Program Service Revenue: $317,867
- Gross Receipts: $946,560
Assets and Liabilities:
- Total Assets: $2,006,612
- Total Liabilities: $319,887
- Net Assets: $1,686,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION, SEIMINARES & MTGS
Revenue
$317,625
LEGAL WORKSHOPS
Revenue
$242
Organization Details
Founding Year
1938
Phone
(502) 695-3333Principal Officer
Nancy Sparks
Main Address
152 CONSUMER LANE, FRANKFORT, KY, 40601
Website
www.kyada.comNTEE Category
Code: S41 - Community improvement
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