Form 990 for tax year 2022
Filed by National Automobile Dealers Association.
Totals
- Total revenue
- $69,479,584
- Total expenses
- $72,849,109
- Contributions and grants received
- $0
- Grants paid
- $332,725
- Program service revenue
- $58,338,261
- Investment income
- $7,164,572
- Other revenue
- $3,976,751
- Total assets, end of year
- $390,294,001
- Total liabilities, end of year
- $71,727,056
- Net assets or fund balances, end of year
- $318,566,945
- 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.
-
2a · Program service revenue: MANAGEMENT SERVICES
total $24,985,025 · related or exempt $24,985,025
-
2b · Program service revenue: CONVENTION AND EXPOSITION
total $19,363,154 · related or exempt $19,363,154
-
2c · Program service revenue: MEMBER DUES
total $10,508,031 · related or exempt $10,508,031
-
2d · Program service revenue: SPONSORSHIP/ADVERTISING
total $3,482,051 · related or exempt $2,392,551 · unrelated business $1,089,500
-
3 · Investment income
total $4,223,006 · excluded $4,223,006
-
5 · Royalties
total $3,976,751 · unrelated business $15,300 · excluded $3,961,451
-
7a · Gross sales of assets other than inventory
securities $21,747,201
-
7b · Less cost or other basis and sales expenses
securities $18,805,635
-
7c · Gain or loss
securities $2,941,566
-
7d · Net gain or loss
total $2,941,566 · excluded $2,941,566
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $332,725
-
5 · Compensation of officers, directors and key employees
total $4,075,575
-
7 · Other salaries and wages
total $24,286,855
-
9 · Other employee benefits
total $5,902,103
-
11b · Fees: legal
total $668,515
-
11c · Fees: accounting
total $186,973
-
11f · Fees: investment management
total $854,590
-
11g · Fees: other
total $6,249,215
-
12 · Advertising and promotion
total $948,244
-
13 · Office expenses
total $3,356,827
-
14 · Information technology
total $5,386,307
-
16 · Occupancy
total $2,613,607
-
17 · Travel
total $6,067,782
-
19 · Conferences, conventions and meetings
total $3,019,210
-
22 · Depreciation, depletion and amortization
total $671,926
-
23 · Insurance
total $405,446
-
24a · Other expenses: UBIT
total $280,503
-
24b · Other expenses: EQUIPMENT RENTAL
total $4,965,110
-
24c · Other expenses: COMMISSIONS
total $1,546,334
-
24d · Other expenses: OVERHEAD
total $419,798
-
24e · All other expenses
total $611,464
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,490,501 · end of year $1,771,166
-
2 · Savings and temporary cash investments
beginning of year $14,958,658 · end of year $9,077,220
-
4 · Accounts receivable
beginning of year $7,943,504 · end of year $5,505,531
-
9 · Prepaid expenses and deferred charges
beginning of year $1,046,001 · end of year $6,315,271
-
10a · Land, buildings and equipment: cost or other basis
$11,821,010
-
10b · Land, buildings and equipment: accumulated depreciation
$5,082,920
-
10c · Land, buildings and equipment, net
beginning of year $7,085,557 · end of year $6,738,090
-
11 · Investments: publicly traded securities
beginning of year $164,226,396 · end of year $154,492,643
-
12 · Investments: other securities
beginning of year $205,143,917 · end of year $172,110,621
-
15 · Other assets
beginning of year $1,918,801 · end of year $34,283,459
-
17 · Accounts payable and accrued expenses
beginning of year $19,386,006 · end of year $40,015,848
-
19 · Deferred revenue
beginning of year $14,997,322 · end of year $31,711,208
-
25 · Other liabilities
beginning of year $5,278,144 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $374,151,863 · end of year $318,566,945
Mission and programs · 2022
Mission
REPRESENTS AND LOBBIES ON BEHALF OF FRANCHISED CAR AND TRUCK DEALERS BEFORE THE U.S. CONGRESS AND EXECUTIVE BRANCH ON LEGISLATIVE AND REGULATORY MATTERS. ALSO REPRESENTS DEALERS IN CERTAIN INTERACTIONS WITH CAR AND TRUCK MANUFACTURERS. NADA PROVIDES EDUCATION TO ITS MEMBERS ON IMPORTANT LEGAL, LEGISLATIVE AND REGULATORY ISSUES IMPACTING THEIR BUSINESS. NADA PROVIDES VARIOUS EDUCATION AND TRAINING SERVICES TO ITS MEMBERS TO HELP THEM IMPROVE THEIR SALES, SERVICE AND OPERATIONAL SKILLS.
Activities or mission (Part I)
REPRESENT AUTOMOBILE DEALERS INTERFACING WITH MANUFACTURERS AND US CONGRESS. OPERATE TRAINING AND SERVICE PROGRAMS TO ASSIST FRANCHISED DEALERS IN IMPROVING THEIR SALES AND SERVICES.
-
CONVENTIONS & EXHIBITIONS - THE NADA CONVENTION AND EXHIBITIONS CONTRIBUTE IMPORTANTLY TO THE EXEMPT FUNCTION BY BRINGING THE MEMBERSHIP TOGETHER TO MEET WITH FACTORY AND AFTER MARKET PRODUCT REPRESENTATIVES. THE PURPOSE IS TO INFORM MEMBERS OF CURRENT DEVELOPMENTS IN THE RETAIL AUTOMOBILE INDUSTRY.
-
DEALERSHIP MANAGEMENT SERVICES - THESE ACTIVITIES ARE SIGNIFICANT ELEMENTS CONTRIBUTING TO THE EXEMPT FUNCTION BY PROVIDING AUTOMOBILE DEALERS WITH INFORMATION DESIGNED TO IMPROVE DEALERSHIP PERFORMANCE. PROGRAMS INCLUDE: DEALER CANDIDATE ACADEMY, THE 20 GROUP PROGRAM, SEMINARS, AND A GENERAL DEALERSHIP MANAGEMENT PROGRAM.
-
INDUSTRY RELATIONS - THE PURPOSE OF THIS PROGRAM IS TO DEVELOP AND ADVOCATE POSITIONS WHICH WILL IMPROVE THE DEALERS RELATIONSHIP WITH MANUFACTURERS.
-
GOVERNMENT RELATIONS - PROTECTS DEALER INTERESTS BEFORE THE U.S. CONGRESS. THE STAFF COMMUNICATES WITH MEMBERS OF CONGRESS TO EXPRESS THE POSITION OF DEALERS ON VARIOUS ISSUES, PREPARES TESTIMONY FOR CONGRESSIONAL HEARINGS WHEN APPROPRIATE, AND ATTEMPTS TO MODIFY LEGISLATION TO ADDRESS DEALERS' CONCERNS. IT MONITORS LEGISLATIVE ACTIVITIES SUCH AS HEARINGS, MARKUPS, CONFERENCES, ETC., COMMUNICATES WITH THE DEALER BODY ON LEGISLATIVE MATTERS, AND DIRECTS DEALER EFFORTS TO COMMUNICATE WITH MEMBERS OF CONGRESS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
A Foster McKissickA FOSTER MCKISSICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andy CrewsANDY CREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annette Dilorenzo ThayerANNETTE DILORENZO THAYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bobby SightBOBBY SIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian HamiltonBRIAN HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris CoyleCHRIS COYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris MeierCHRIS MEIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Colleen McDonaldCOLLEEN MCDONALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel M WilsonDANIEL M WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danny RenshawDANNY RENSHAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave MoellerDAVE MOELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David TaylorDAVID TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Desmond RobertsDESMOND ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donald HicksDONALD HICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donald KaltschmidtDONALD KALTSCHMIDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary GilchristGARY GILCHRIST
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Geoffrey PohankaGEOFFREY POHANKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hilary HaronHILARY HARON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James AuffenbergJAMES AUFFENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James MarshJAMES MARSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James RivchinJAMES RIVCHIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff AiosaJEFF AIOSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey WeberJEFFREY WEBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John EmersonJOHN EMERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John McClurgJOHN MCCLURG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John MitchellJOHN MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John S OylerJOHN S OYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joseph MassarelliJOSEPH MASSARELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joshua JohnsonJOSHUA JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kirk SchneiderKIRK SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kirtlund FryeKIRTLUND FRYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark HebertMARK HEBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael AlfordMICHAEL ALFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael Joe CannonMICHAEL JOE CANNON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael SuttleMICHAEL SUTTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle PrimmMICHELLE PRIMM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike AlfordMIKE ALFORD
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Mitchell H JayMITCHELL H JAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul WalserPAUL WALSER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Rhett RicartRHETT RICART
IMMEDIATE PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Richard DesilvaRICHARD DESILVA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard HammerRICHARD HAMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard PhelpsRICHARD PHELPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard StephensRICHARD STEPHENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rob CochranROB COCHRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert BrogdenROBERT BROGDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert TascaROBERT TASCA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert VailROBERT VAIL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Roger ElswickROGER ELSWICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Samuel SmithSAMUEL SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandra Fitzgerald AngelloSANDRA FITZGERALD ANGELLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott DubeSCOTT DUBE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stan MasamitsuSTAN MASAMITSU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stan McNabbSTAN MCNABB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve BassettSTEVE BASSETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve MiddlebrooksSTEVE MIDDLEBROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven AllwineSTEVEN ALLWINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas BloomfieldTHOMAS BLOOMFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas CastriotaTHOMAS CASTRIOTA
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Timothy SmithTIMOTHY SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom HolcombeTOM HOLCOMBE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracy BeckTRACY BECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Valerie BowenVALERIE BOWEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wesley LutzWESLEY LUTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William WillisWILLIAM WILLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew D KoblenzANDREW D KOBLENZ
EVP & GENERAL COUNSEL
- Total calculated
- $847,916
- From this org
- $779,145
- From related orgs
- $7,871
- Other
- $60,900
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $633,711 + $6,401 related
- Bonus
- $99,148 + $1,002 related
- Other
- $46,286 + $468 related
- Deferred
- $18,655 + $188 related
- Nontaxable benefits
- $41,636 + $421 related
- Filer's total
- $839,436 + $8,480 related
-
Joseph L CowdenJOSEPH L COWDEN
EVP & CFO
- Total calculated
- $576,495
- From this org
- $469,481
- From related orgs
- $52,164
- Other
- $54,850
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $376,105 + $41,789 related
- Bonus
- $67,635 + $7,515 related
- Other
- $25,741 + $2,860 related
- Deferred
- $18,419 + $2,047 related
- Nontaxable benefits
- $30,946 + $3,438 related
- Filer's total
- $518,846 + $57,649 related
-
Michael J StantonMICHAEL J STANTON
PRESIDENT & CEO
- Total calculated
- $1,292,687
- From this org
- $1,213,910
- From related orgs
- $12,262
- Other
- $66,515
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $980,684 + $9,906 related
- Bonus
- $198,148 + $2,002 related
- Other
- $35,078 + $354 related
- Deferred
- $21,330 + $215 related
- Nontaxable benefits
- $44,520 + $450 related
- Filer's total
- $1,279,760 + $12,927 related
-
David W ReganDAVID W REGAN
EVP LEGISLATIVE AFFAIRS
- Total calculated
- $780,599
- From this org
- $718,499
- From related orgs
- $0
- Other
- $62,100
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $592,944
- Bonus
- $100,150
- Other
- $25,405
- Deferred
- $22,875
- Nontaxable benefits
- $39,225
- Filer's total
- $780,599
-
John BeckmanJOHN BECKMAN
EVP & COO
- Total calculated
- $656,933
- From this org
- $589,088
- From related orgs
- $0
- Other
- $67,845
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $490,590
- Bonus
- $75,150
- Other
- $23,348
- Deferred
- $22,875
- Nontaxable benefits
- $44,970
- Filer's total
- $656,933
-
Ivette Rivera HayesIVETTE RIVERA HAYES
SVP LEGISLATIVE AFFAIRS
- Total calculated
- $514,612
- From this org
- $458,739
- From related orgs
- $0
- Other
- $55,873
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $393,410
- Bonus
- $50,150
- Other
- $15,179
- Deferred
- $22,875
- Nontaxable benefits
- $32,998
- Filer's total
- $514,612
-
James C MinnisJAMES C MINNIS
SVP & ASSOCIATE GENERAL CO
- Total calculated
- $595,431
- From this org
- $531,763
- From related orgs
- $5,371
- Other
- $58,297
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $408,815 + $4,129 related
- Bonus
- $99,148 + $1,002 related
- Other
- $23,800 + $240 related
- Deferred
- $20,203 + $204 related
- Nontaxable benefits
- $37,511 + $379 related
- Filer's total
- $589,477 + $5,954 related
-
Jonathan A CollegioJONATHAN A COLLEGIO
SVP PUBLIC AFFAIRS
- Total calculated
- $580,404
- From this org
- $513,027
- From related orgs
- $0
- Other
- $67,377
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $490,350
- Bonus
- $150
- Other
- $22,527
- Deferred
- $22,875
- Nontaxable benefits
- $44,502
- Filer's total
- $580,404
-
Michael T ReganMICHAEL T REGAN
SVP INDUSTRY AFFAIRS
- Total calculated
- $536,354
- From this org
- $461,371
- From related orgs
- $0
- Other
- $74,983
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $389,584
- Bonus
- $50,150
- Other
- $21,637
- Deferred
- $22,875
- Nontaxable benefits
- $52,108
- Filer's total
- $536,354
-
Paul D MetreyPAUL D METREY
SVP REGULATORY AFFAIRS
- Total calculated
- $561,322
- From this org
- $497,431
- From related orgs
- $0
- Other
- $63,891
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $423,300
- Bonus
- $50,150
- Other
- $23,981
- Deferred
- $21,506
- Nontaxable benefits
- $42,385
- Filer's total
- $561,322
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
- 1a · First-class or charter travel
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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 1A
- IN SOME INSTANCES, BOARD MEMBERS MAY BE REIMBURSED FOR FIRST CLASS AIR FARE THAT IS DIRECTLY RELATED TO NADA BUSINESS AS OUTLINED IN THE COMPANY'S TRAVEL POLICY. ALL BOARD TRAVEL SUBMITTED FOR REIMBURSEMENT IS REQUIRED TO INCLUDE THE APPROPRIATE SUPPORTING DOCUMENTATION. PER IRS GUIDELINES, A FORM 1099 WILL BE ISSUED WHEN REQUIRED. NADA ALSO ADVISES ITS BOARD MEMBERS TO HAVE A TAX PROFESSIONAL REVIEW ANY PAYMENTS FROM NADA SO THEY CAN BE TREATED PROPERLY UNDER THE IRS CODE.
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
-
$25,000
GENERAL SUPPORT
-
$25,000
GENERAL SUPPORT
-
$25,000
GENERAL SUPPORT
-
$18,615
GENERAL SUPPORT
-
$14,470
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
-
GENERAL SUPPORT
-
GENERAL SUPPORT
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.
-
NADA PAC
527 · LOBBYING · VA · controlled entity
Directly controlled by NADA
-
NADA EMPLOYEE HEALTH BENEFIT PLAN
501(C)(9) · HEALTHCARE · VA · controlled entity
Directly controlled by NADA
-
501(C)(3) · CHARITABLE · DC · controlled entity
Directly controlled by NADA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NADA SERVICES CORPORATION
C · REAL ESTATE LEASING · DE · 100% owned · controlled entity
Directly controlled by NADA
-
NADA RETIREMENT ADMINISTRATORS INC
C · ADMIN · DE · 100% owned · controlled entity
Directly controlled by NADASC
-
NAISA
C · INSURANCE · DE · 100% owned · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303129349300605
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