Overview
What is Montana Automobile Dealers Assoc?
Montana Automobile Dealers Assoc, established in 1939, is a nonprofit organization located in Helena, Montana. Its primary mission is to uphold ethical business standards within the retail motor vehicle industry. The association encourages cooperation among dealers, supports local and national automobile dealers associations, and strives to enhance the industry's practices and management, aiming for profitable operations and financial security. Montana Automobile Dealers Assoc also works towards rectifying any unethical or unfair business practices through cooperative efforts and investigations. With a team of 7 employees, the organization plays a crucial role in promoting a responsible and thriving automobile market in Montana.
Official website here: www.mtada.com
Is Montana Automobile Dealers Assoc legitimate?
Montana Automobile Dealers Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montana Automobile Dealers Assoc 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: $174,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,346
For more financial information, click here
Official website here: www.mtada.com
What is the mission statement of Montana Automobile Dealers Assoc?
The Montana Automobile Dealers Association, established in 1939, was established to uphold a high standard of business ethics in the retail motor vehicle sector. Its primary goal is to foster a spirit of cooperation among dealers, encouraging affiliation with local associations and the National Automobile Dealers Association. The association aims to serve the interests of all motor vehicle dealers and the general public by promoting efficient management, raising industry standards, and addressing any unfair or unbusinesslike practices. The organization also seeks to inform local associations and aim for their cooperation and approval. They endeavor to improve the motor vehicle merchandising standards to ensure profitable operations and financial security for the trade.
Official website here: www.mtada.com
Who is the CEO of Montana Automobile Dealers Assoc?
Bruce Knudsen is the Chairman of Montana Automobile Dealers Assoc.
Official website here: www.mtada.com
What is the revenue of Montana Automobile Dealers Assoc?
Montana Automobile Dealers Assoc's revenue in 2022 was $651,100.
Official website here: www.mtada.com
Who are the executives of Montana Automobile Dealers Assoc and what are their salaries?
The average compensation at Montana Automobile Dealers Assoc during 2022 was $46,577. There are 7 employees and 11 volunteers at Montana Automobile Dealers Assoc.
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- Compensation: $150,617
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- Other: $24,078
Official website here: www.mtada.com
Where can I find the form 990 for Montana Automobile Dealers Assoc?
Montana Automobile Dealers Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtada.com
Learn more at the official website: www.mtada.com
Mission Statement of Montana Automobile Dealers Assoc
Montana Automobile Dealers Association, established in 1939, is an organization dedicated to upholding a high standard of ethical business practices in the retail motor vehicle industry. Its primary mission is to foster a cooperative spirit among motor vehicle dealers, encouraging their affiliation and support of both local associations and the National Automobile Dealers Association. By doing so, the association aims to serve the interests of all motor vehicle dealers and the general public, ensuring that the trade enjoys profitable operation and financial security. Montana Automobile Dealers Association also seeks to correct any unfair or unbusinesslike practices, conducting investigations as necessary to maintain the highest standards of ethics and practices in motor vehicle merchandising.
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Impact
October, 2024
The Montana Automobile Dealers Association (MADA) plays a significant role in enhancing the automotive retail landscape in Montana. Founded in 1939, MADA promotes high standards of business ethics within the retail motor vehicle sector. By fostering a spirit of cooperation among vehicle dealers, the Association not only helps its members thrive but also ensures that the interests of the general public are safeguarded.
One of the key impacts of MADA is its commitment to raising industry standards. The Association works diligently to foster ethical practices and efficient management among its members, ultimately leading to more profitable operations and financial stability for dealerships. This, in turn, benefits consumers by providing them with trustworthy and reliable automotive services and products.
MADA's annual conventions further contribute to the improvement of the automotive industry, bringing together members to share experiences, challenges, and best practices. This collaborative environment encourages dealers to work together and support each other, enhancing overall industry performance and consumer satisfaction.
Moreover, by actively seeking to address and rectify any unfair or unbusinesslike practices within the industry, MADA contributes to a fairer marketplace. This commitment not only benefits automotive dealers but also ensures that consumers are treated fairly and have access to quality products and services.
In summary, the Montana Automobile Dealers Association significantly impacts the automotive retail industry by promoting ethical practices, fostering cooperation among dealers, and advocating for consumer interests, ultimately contributing to the health and integrity of the automotive marketplace in Montana.
This information is meant to be a general summary of Montana Automobile Dealers Assoc. 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: $13,662
- Program Service Revenue: $173,088
- Gross Receipts: $782,643
Assets and Liabilities:
- Total Assets: $1,236,853
- Total Liabilities: $68,352
- Net Assets: $1,168,501
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION
Revenue
$145,630
WORKER'S COMP TRUST
Revenue
$27,458
Organization Details
Founding Year
1939
Phone
(406) 442-1233Principal Officer
Bruce Knudsen
Main Address
501 NORTH SANDERS, HELENA, MT, 59601
Website
www.mtada.comNTEE Category
Code: S41 - Community improvement
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