Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MANAGEMENT FEES

  total $691,053 · related or exempt $691,053

• 2b · Program service revenue: MEMBERSHIP DUES

  total $620,488 · related or exempt $620,488

• 2c · Program service revenue: OADA SERVICES INCOME

  total $37,715 · related or exempt $37,715

• 2d · Program service revenue: NADA PAC RECOGNITION

  total $22,161 · related or exempt $22,161

• 3 · Investment income

  total $59,651 · excluded $59,651

• 5 · Royalties

  total $38,068 · excluded $38,068

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $22,466 · excluded $22,466

• 11e · Other revenue, total

  $22,466

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $570,623

• 7 · Other salaries and wages

  total $296,949

• 8 · Pension plan contributions

  total $123,584

• 10 · Payroll taxes

  total $50,383

• 11b · Fees: legal

  total $20,710

• 11c · Fees: accounting

  total $22,385

• 11g · Fees: other

  total $67,713

• 12 · Advertising and promotion

  total $33,295

• 13 · Office expenses

  total $33,018

• 16 · Occupancy

  total $102,385

• 17 · Travel

  total $3,819

• 19 · Conferences, conventions and meetings

  total $89,780

• 22 · Depreciation, depletion and amortization

  total $85,826

• 23 · Insurance

  total $81,883

• 24e · All other expenses

  total $59

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $50 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $6,141,786 · end of year $6,026,795

• 4 · Accounts receivable

  beginning of year $10,051 · end of year $34,895

• 9 · Prepaid expenses and deferred charges

  beginning of year $172,913 · end of year $102,021

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

  $447,540

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

  $134,262

• 10c · Land, buildings and equipment, net

  beginning of year $193,744 · end of year $313,278

• 11 · Investments: publicly traded securities

  beginning of year $1,684,137 · end of year $1,454,019

• 15 · Other assets

  beginning of year $0 · end of year $584,770

• 17 · Accounts payable and accrued expenses

  beginning of year $235,928 · end of year $189,061

• 19 · Deferred revenue

  beginning of year $670,562 · end of year $560,698

• 25 · Other liabilities

  beginning of year $0 · end of year $757,999

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $7,296,191 · end of year $7,008,020

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PROVIDES CLUB DUES ON BEHALF OF THE PRESIDENT, WHO USES THE CLUB TO CONDUCT AND PROMOTE BUSINESS.

PART I, LINE 3

PER CONTRACT THE PRESIDENT'S SALARY IS DETERMINED AND APPROVED BY THE EXECUTIVE MANAGEMENT COMMITTEE WHICH UTILIZES COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• OHIO AUTO DEALERS ASSOCIATION SERVICES INC

  C · WHOLESALE - AUTOMOBILE PARTS · OH · 100% owned · share of income $1,235,819 · share of assets $5,986,384 · controlled entity

  Directly controlled by OHIO AUTO DEALERS ASSOCIATION