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Folsom Automall Dealers Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680419960 ✦ Sacramento, CA ✦ Designated as a 501(c)(6)

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Overview

What is Folsom Automall Dealers Association Inc?

Folsom Automall Dealers Association Inc is a nonprofit organization based in Sacramento, California, specifically at 791 University Avenue, CA-95825. Its primary objective is to promote the auto mall located in Folsom, California. The association achieves this by advertising its member dealerships, thereby contributing to the growth and visibility of the auto mall. The corporation's purpose remains focused on enhancing the recognition and engagement with the Folsom Auto Mall community.


Official website here: www.folsomautomall.com

Is Folsom Automall Dealers Association Inc legitimate?

Folsom Automall Dealers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Folsom Automall 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: $0

For more financial information, click here


Official website here: www.folsomautomall.com

What is the mission statement of Folsom Automall Dealers Association Inc?

The Folsom Automall Dealers Association Inc is established with the primary objective of advertising the auto mall. In simpler terms, the association's mission is to promote the organization's members and the auto mall, by means of advertisement. This is done to draw attention and attract potential customers to the auto mall located in Folsom, CA. The association's activities primarily revolve around advertising to boost the visibility and sales of its member dealerships.


Official website here: www.folsomautomall.com

Who is the CEO of Folsom Automall Dealers Association Inc?

Jon Peterson is the Treasurer of Folsom Automall Dealers Association Inc.


Official website here: www.folsomautomall.com

What is the revenue of Folsom Automall Dealers Association Inc?

Folsom Automall Dealers Association Inc's revenue in 2022 was $1,202,086.


Official website here: www.folsomautomall.com

Who are the executives of Folsom Automall Dealers Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Marshal Crossan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Peterson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bear (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.folsomautomall.com

Where can I find the form 990 for Folsom Automall Dealers Association Inc?

Folsom Automall Dealers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.folsomautomall.com

Learn more at the official website: www.folsomautomall.com

Mission Statement of Folsom Automall Dealers Association Inc

Folsom Automall Dealers Association Inc, as per its mission, is primarily dedicated to advertising the Auto Mall located in Folsom, California. This association serves as a platform for promoting the businesses of its member dealerships. By advertising the Auto Mall, the organization aims to boost the visibility and reach of its members, thereby fostering growth and success within the automotive industry.

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Impact




October, 2024

Folsom Automall Dealers Association Inc significantly contributes to the local economy and community by promoting the Folsom Auto Mall in California. Its primary focus on advertising helps drive foot traffic to the auto mall, ensuring that the member dealerships thrive in a competitive marketplace. This enhances visibility for local businesses, fostering growth and profitability.

By creating awareness and interest in the auto mall, the association not only supports its members but also contributes to job preservation and creation within the community. Increased sales for local dealerships can lead to more employment opportunities, boosting the overall economic health of the region.

Moreover, the association's efforts in promotion reflect a commitment to community improvement. By emphasizing local commerce, it helps cultivate a stronger sense of community identity and encourages residents to shop locally, which has a ripple effect on other businesses and services in the area.

Overall, Folsom Automall Dealers Association Inc plays a vital role in fostering a thriving automotive marketplace, enhancing local economic stability, and fostering community engagement.




This information is meant to be a general summary of Folsom Automall 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.

Revenue
$1,202,086 (2022)
Expenses
$1,180,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $257
  • Program Service Revenue: $1,057,655
  • Gross Receipts: $1,211,972

Assets and Liabilities:

  • Total Assets: $380,275
  • Total Liabilities: $158,490
  • Net Assets: $221,785

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership Dues & Assessments

Revenue

$1,057,655

MISCELLANEOUS

Organization Details

Founding Year

2000

Principal Officer

Jon Peterson

Main Address

791 UNIVERSITY AVENUE, SACRAMENTO, CA, 95825

NTEE Category

Code: S41 - Community improvement

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