Overview
What is Dealer Forum Resources?
Dealer Forum Resources is a nonprofit organization, headquartered in Los Angeles, California, dedicated to advocating for the common interests of its members associated with the BMW National Dealer Forum and BMW of North America, LLC. Their primary role involves providing research, guidance, and support on issues impacting dealer operations. They aid the forum in consulting with BMW NA management, reviewing proposed requirements, and fostering a stronger relationship with the company. Their mission extends to promoting the forum's representation, interaction, and overall relationship with BMW NA, taking all appropriate actions in line with their objectives.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Dealer Forum Resources has received a two-star rating from Charity Navigator, indicating that there are several areas needing improvement. The organization's overall score stands at 69%, reflecting a strong program expense ratio of 80.25%, which suggests that a significant portion of its funds is directed toward its programs. Additionally, the organization has achieved perfect scores for having an entirely independent board and for its management of liabilities.
However, the nonprofit faces notable shortcomings in its accountability and transparency practices. Key documents such as financial statements, a conflict of interest policy, and a whistleblower policy are either missing or not present, which negatively impacts its accountability score. Furthermore, the absence of the tax form on its website also contributes to the overall low rating, suggesting a need for better compliance and communication of its financial practices to supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Dealer Forum Resources legitimate?
Dealer Forum Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dealer Forum Resources 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.
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Official website here: www.none
What is the mission statement of Dealer Forum Resources?
Dealer Forum Resources is established with the primary goal of promoting the shared interests of its members. The corporation provides research, study, examination, and guidance to the BMW National Dealer Forum, assisting in its consultations with BMW of North America LLC regarding dealer operations. The organization aids in reviewing and discussing proposed requirements and processes affecting the dealer network, aiming to enhance the forum's representation, interaction, and relationship with BMW NA. Dealer Forum Resources takes all appropriate actions to further these purposes and exercises all powers available to non-stock corporations organized under the DGCL.
Official website here: www.none
Who is the CEO of Dealer Forum Resources?
David Sloane is the Officer of Dealer Forum Resources.
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What is the revenue of Dealer Forum Resources?
Dealer Forum Resources's revenue in 2022 was $661,228.
Official website here: www.none
Who are the executives of Dealer Forum Resources and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Dealer Forum Resources
Dealer Forum Resources, a non-profit organization, is established with the primary objective of advocating for the shared interests of its members. Its mission is multifaceted, encompassing several key responsibilities. Firstly, the corporation provides research, analysis, and guidance to the BMW National Dealer Forum, aiding it in engaging with the management of BMW of North America LLC (BMW NA) on matters affecting dealership operations. Secondly, Dealer Forum Resources reviews and discusses proposed requirements and processes that may impact the dealer network, with the goal of improving the forum's representation, interaction, and relationship with BMW NA. Lastly, the organization takes all necessary steps to promote and enhance the forum's objectives, utilizing the powers available to non-stock corporations as per the Delaware General Corporation Law.
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Impact
July, 2024
Dealer Forum Resources has a significant impact on promoting the common interests of its members within the BMW National Dealer Forum. It provides research, study, examination, guidance, and financial support to lobby for issues that affect dealer operations. By facilitating consultation with the management of BMW of North America, LLC, this organization plays a crucial role in advocating for the needs and concerns of dealers within the network. Through its actions, Dealer Forum Resources works to enhance representation, interaction, and relationships between the Forum and BMW NA, ultimately benefiting the dealer community as a whole.
This information is meant to be a general summary of Dealer Forum Resources. 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.
- Gross Receipts: $661,228
Assets and Liabilities:
- Total Assets: $1,522,204
- Total Liabilities: $0
- Net Assets: $1,522,204
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Organization Details
Founding Year
2018
Phone
(213) 440-4634Principal Officer
David Sloane
Main Address
3151 CAHUENGA BLVD WEST 110, LOS ANGELES, CA, 90068
Website
www.noneNTEE Category
Code: P20 - Human services
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