Overview
What is Independent Automobile Dealers Association Of Colorado?
The Independent Automobile Dealers Association of Colorado, often referred to as CIADA, is a nonprofit organization situated in Lakewood, Colorado. Their primary mission is to advocate for independent automobile dealers within the state. They sell secure forms and bonds required for automobile sales transactions to all licensed dealers in Colorado, providing a discount to its members. However, bond sales are limited to the association's members, with occasional exceptions made for salesperson bonds. The organization's workforce consists of six dedicated individuals.
Official website here: www.ciada.org
Is Independent Automobile Dealers Association Of Colorado legitimate?
Independent Automobile Dealers Association Of Colorado is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Automobile Dealers Association Of Colorado 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: $197,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,637
For more financial information, click here
Official website here: www.ciada.org
What is the mission statement of Independent Automobile Dealers Association Of Colorado?
The Independent Automobile Dealers Association of Colorado's mission is centered around advocating for independent automobile dealers within the state. This advocacy role is crucial in ensuring the interests of these dealers are represented and upheld. The association plays a significant part in facilitating the sale of necessary forms and bonds required for automobile transactions in Colorado. Notably, while these essentials are available to all licensed dealers, association members are offered preferential pricing. However, the sale of bonds is primarily restricted to association members, with occasional exceptions for salesperson bonds.
Official website here: www.ciada.org
Who is the CEO of Independent Automobile Dealers Association Of Colorado?
Teshome Tesfaye is the President of Independent Automobile Dealers Association Of Colorado. The CEO's salary of Independent Automobile Dealers Association Of Colorado is $184,618 and their total compensation is $195,803.
Official website here: www.ciada.org
What is the revenue of Independent Automobile Dealers Association Of Colorado?
Independent Automobile Dealers Association Of Colorado's revenue in 2022 was $821,214.
Official website here: www.ciada.org
Who are the executives of Independent Automobile Dealers Association Of Colorado and what are their salaries?
The average compensation at Independent Automobile Dealers Association Of Colorado during 2022 was $66,026. There are 6 employees at Independent Automobile Dealers Association Of Colorado.
Here are 22 key members and their salaries (Independent Automobile Dealers Association Of Colorado's CEO's salary is $184,618 and their total compensation is $195,803):
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Official website here: www.ciada.org
Where can I find the form 990 for Independent Automobile Dealers Association Of Colorado?
Independent Automobile Dealers Association Of Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ciada.org
Learn more at the official website: www.ciada.org
Mission Statement of Independent Automobile Dealers Association Of Colorado
The Independent Automobile Dealers Association of Colorado serves as an advocate for independent automobile dealers within the state. Its mission is centered around championing the interests of these dealers, working tirelessly to ensure their voices are heard and their needs are met. The association plays a crucial role in securing necessary forms and bonds required for automobile sales transactions. These forms are sold to all licensed automobile dealers in Colorado, regardless of their membership status with the association. However, members of the Independent Automobile Dealers Association of Colorado are entitled to a price break on these sales. The association's bond sales, on the other hand, are exclusively available to its members, with occasional exceptions made for salesperson bonds. This organization's efforts are instrumental in supporting the operations of independent automobile dealers in Colorado, thereby fostering a robust and competitive automobile market within the state.
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Impact
October, 2024
The Independent Automobile Dealers Association of Colorado plays a crucial role in supporting and advocating for independent automobile dealers throughout the state. Their impact is evident in several key areas:
1. **Advocacy and Representation**: The association actively represents the interests of independent dealers, ensuring their voices are heard in legislative matters and industry discussions. This advocacy helps create a favorable business environment for these dealers.
2. **Access to Essential Resources**: By providing sales of state-secured forms and bonds required for automobile sales transactions, the association facilitates smoother operations for licensed dealers. This access is vital for compliance with regulatory requirements and enhances the efficiency of business practices.
3. **Cost Savings for Members**: Members of the association benefit from reduced prices on necessary forms, contributing to cost savings that can improve their overall profitability. This financial support allows independent dealers to reinvest in their businesses and better serve their customers.
4. **Community Improvement**: Through their efforts to strengthen independent dealerships, the association contributes to the broader economic health of local communities. Independent dealers often play a significant role in job creation and local economic development, fostering stronger community ties.
5. **Networking and Education**: The association provides opportunities for networking among dealers, which can lead to collaboration, shared best practices, and educational resources. This community fosters professional growth and business success.
Overall, the Independent Automobile Dealers Association of Colorado significantly impacts the landscape for independent automobile dealers, promoting their interests and providing essential resources for successful operations in a competitive market.
This information is meant to be a general summary of Independent Automobile Dealers Association Of Colorado. 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: $14,326
- Program Service Revenue: $193,464
- Gross Receipts: $2,019,576
Assets and Liabilities:
- Total Assets: $3,675,509
- Total Liabilities: $1,306,206
- Net Assets: $2,369,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION REVENUE
Revenue
$140,443
PARTNER PROGRAM REBATE
Revenue
$33,821
CALENDAR SPONSOR
Revenue
$19,200
Organization Details
Founding Year
1941
Phone
(303) 239-8000Principal Officer
Teshome Tesfaye
Main Address
950 WADSWORTH BLVD 101, LAKEWOOD, CO, 80214
Website
www.ciada.orgNTEE Category
Code: S41 - Community improvement
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