Skip to content
Nonprofiteer
← MAINE AUTOMOBILE DEALERS ASSOCIATION INC

Form 990 for tax year 2024

Filed by MAINE AUTOMOBILE DEALERS ASSOCIATION INC.

Totals

Total revenue
$1,274,945
Total expenses
$1,075,748
Contributions and grants received
$493,142
Grants paid
$6,350
Program service revenue
$164,116
Investment income
$80,681
Other revenue
$537,006
Total assets, end of year
$3,178,210
Total liabilities, end of year
$42,642
Net assets or fund balances, end of year
$3,135,568
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $493,142

  • 2a · Program service revenue: CONVENTION

    total $89,145 · related or exempt $89,145

  • 2b · Program service revenue: SPECIAL PROJECTS

    total $46,500 · related or exempt $46,500

  • 2c · Program service revenue: SALE SPECIALIZED FORMS

    total $14,121 · related or exempt $14,121

  • 2d · Program service revenue: ADTECH

    total $13,650 · related or exempt $13,650

  • 2e · Program service revenue: REGIONAL MEETINGS

    total $700 · related or exempt $700

  • 3 · Investment income

    total $51,010 · excluded $51,010

  • 6a · Gross rents

    real property $39,900

  • 6b · Less rental expenses

    real property $36,236

  • 6c · Rental income or loss

    real property $3,664

  • 6d · Net rental income or loss

    total $3,664 · excluded $3,664

  • 7a · Gross sales of assets other than inventory

    securities $326,818

  • 7b · Less cost or other basis and sales expenses

    securities $297,147

  • 7c · Gain or loss

    securities $29,671

  • 7d · Net gain or loss

    total $29,671 · excluded $29,671

  • 8a · Fundraising events: gross income

    $32,775

  • 8b · Fundraising events: direct expenses

    $21,498

  • 8c · Net income from fundraising events

    total $11,277 · excluded $11,277

  • 11a · Other revenue: EXPENSE REIMBURSEMENTS

    total $522,065 · related or exempt $522,065

  • 11e · Other revenue, total

    $522,065

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,350

  • 5 · Compensation of officers, directors and key employees

    total $231,407

  • 7 · Other salaries and wages

    total $247,696

  • 8 · Pension plan contributions

    total $12,608

  • 10 · Payroll taxes

    total $35,711

  • 11b · Fees: legal

    total $162,171

  • 11c · Fees: accounting

    total $41,246

  • 11d · Fees: lobbying

    total $106,352

  • 11f · Fees: investment management

    total $11,696

  • 13 · Office expenses

    total $56,425

  • 16 · Occupancy

    total $13,645

  • 17 · Travel

    total $29,457

  • 19 · Conferences, conventions and meetings

    total $80,363

  • 22 · Depreciation, depletion and amortization

    total $7,016

  • 23 · Insurance

    total $22,461

  • 24a · Other expenses: TELEPHONE

    total $11,104

  • 24e · All other expenses

    total $40

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $440,861 · end of year $556,424

  • 4 · Accounts receivable

    beginning of year $30,451 · end of year $14,395

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,674 · end of year $40,871

  • 10a · Land, buildings and equipment: cost or other basis

    $375,577

  • 10b · Land, buildings and equipment: accumulated depreciation

    $292,857

  • 10c · Land, buildings and equipment, net

    beginning of year $31,000 · end of year $82,720

  • 11 · Investments: publicly traded securities

    beginning of year $2,283,370 · end of year $2,483,800

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,677 · end of year $26,562

  • 19 · Deferred revenue

    beginning of year $14,080 · end of year $16,080

  • 27 · Net assets without donor restrictions

    beginning of year $2,552,146 · end of year $2,835,965

  • 28 · Net assets with donor restrictions

    beginning of year $239,453 · end of year $299,603

Mission and programs · 2024

Mission

TO PROVIDE PROGRAMS AND SERVICES THAT ARE BENEFICIAL TO THE COLLECTIVE MEMBERSHIP SUCH AS TRADE CONVENTIONS, EDUCATIONAL MEETINGS, AND SEMINARS.

  • THE ASSOCIATION PROVIDES PROGRAMS AND SERVICES THAT ARE BENEFICIAL TO THE COLLECTIVE MEMBERSHIP SUCH AS TRADE CONVENTIONS, EDUCATIONAL MEETINGS, AND SEMINARS.

As filed on the 2024 return.

Listed in Part VII

  • Samuel J Hight

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Peter Sowles

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Stacy E Chandler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jay Darling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John L Emerson

    DIRECTOR(THRU APRIL 2025)

    Total calculated
    $0
    Hours/week
    2

  • Christopher L Gaunce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John J Quirk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Neal C Shepard

    DIRECTOR (THRU JUNE 2025)

    Total calculated
    $0
    Hours/week
    2

  • William G Waldron Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jamie York

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Thomas T Brown Jr

    PRESIDENT

    Total calculated
    $231,407
    From this org
    $219,909
    From related orgs
    $0
    Other
    $11,498
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $219,909
    Bonus
    $0
    Other
    $0
    Deferred
    $11,498
    Nontaxable benefits
    $0
    Filer's total
    $231,407

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
THE BOARD OF DIRECTORS DISCUSS AND APPROVE THE PRESIDENT'S SALARY DURING AN EXECUTIVE SESSION AT THE ANNUAL ALL BOARDS MEETING.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
23 June 2026
IRS schema version
2024v5.5
Source object
202641899349300439

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.