Overview
What is National Auto Auction Association?
The National Auto Auction Association, headquartered in Frederick, Maryland, serves as a unified voice for the wholesale auto auction industry. With a modest workforce of ten employees, the organization hosts an annual meeting to offer a platform for networking and information exchange. Its primary mission is to safeguard and promote the interests of its members while upholding the highest ethical standards. The National Auto Auction Association plays a crucial role in representing the auto auction industry, advocating for its members and upholding integrity within the sector.
Official website here: www.naaa.com
Is National Auto Auction Association legitimate?
National Auto Auction Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Auto Auction Association 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: $467,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $824,869
For more financial information, click here
Official website here: www.naaa.com
What is the mission statement of National Auto Auction Association?
The National Auto Auction Association serves as a unified voice for the auto auction industry. Its primary mission is to protect and advocate for the interests of its members, upholding the highest ethical standards. The association strives to lead the sector by providing a platform for its members and those interested in the wholesale auto auction industry, offering an annual meeting for networking and discussion.
Official website here: www.naaa.com
What is the revenue of National Auto Auction Association?
National Auto Auction Association's revenue in 2024 was $4,981,031.
Official website here: www.naaa.com
Who are the executives of National Auto Auction Association and what are their salaries?
The average compensation at National Auto Auction Association during 2024 was $129,284. There are 10 employees and 100 volunteers at National Auto Auction Association.
Here are 25 key members and their salaries:
- Compensation: $412,500
- Related: $0
- Other: $55,475
- Compensation: $165,192
- Related: $0
- Other: $25,954
- Compensation: $143,467
- Related: $0
- Other: $9,343
- Compensation: $129,745
- Related: $0
- Other: $20,638
- Compensation: $120,669
- Related: $0
- Other: $36,805
- Compensation: $116,140
- Related: $0
- Other: $41,500
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.naaa.com
Where can I find the form 990 for National Auto Auction Association?
National Auto Auction Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.naaa.com
Learn more at the official website: www.naaa.com
Mission Statement of National Auto Auction Association
The National Auto Auction Association serves as a unified voice for the auto auction industry, protecting and advocating for the interests of its members. With a strong commitment to upholding the highest ethical standards, this organization plays a pivotal role in leading the auto auction sector. Its mission is multifaceted, aimed at providing a platform for its members and those interested in the wholesale auto auction industry. By doing so, the National Auto Auction Association fosters a sense of community and networking opportunities, thereby contributing positively to the overall development of the auto auction industry.
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Impact
October, 2024
The National Auto Auction Association (NAAA) significantly impacts the auto auction industry by providing a cohesive platform that represents the interests of its members. By fostering an environment of collaboration, the NAAA organizes annual meetings that serve as vital forums for networking and information exchange among professionals involved in the wholesale auto auction sector. This gathering not only strengthens relationships within the industry but also ensures that members stay informed about the latest trends and best practices.
Moreover, NAAA is dedicated to upholding the highest ethical standards, which instills trust and credibility within the marketplace. By advocating for its members and promoting ethical conduct, the association plays a crucial role in enhancing the overall integrity of the auto auction industry. The unified voice that NAAA provides enables members to navigate challenges and seize opportunities, ultimately contributing to growth and stability in the community.
This information is meant to be a general summary of National Auto Auction Association. 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 2024.
- Investment Income: $2,075,346
- Program Service Revenue: $1,857,812
- Gross Receipts: $5,924,268
Assets and Liabilities:
- Total Assets: $4,546,285
- Total Liabilities: $2,019,635
- Net Assets: $2,526,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$928,385
MEETING REVENUE
Revenue
$920,027
APPLICATION FEES
Revenue
$9,400
Organization Details
Founding Year
1953
Principal Officer
Paul Lips
Website
www.naaa.comNTEE Category
Code: S41 - Community improvement
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