Greater New York Automobile Dealers Association
- Assets
- $56.4m
- Revenue
- $10.2m
- Investments
- $282.5k
- Employees
- 53
- Location
- Whitestone, NY
- Founding
- 11/1944
- Data as of
- 12/2022
- EIN
- 11-0578480
Organization Overview
Greater New York Automobile Dealers Association is located in Whitestone, NY. The organization was established in 1944. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Greater New York Automobile Dealers Association employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater New York Automobile Dealers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Greater New York Automobile Dealers Association generated $10.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $12.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION REPRESENTS APPROXIMATELY 500 NEW CAR DEALERS, RETIRED MEMBERS AND ALLIED MEMBERS. THE PURPOSE OF THE ASSOCIATION IS TO GENERATE INTEREST IN AND EDUCATE THE PUBLIC ABOUT THE NEW CAR DEALER PRIMARILY VIA A TRADE SHOW; TO PROMOTE TRAFFIC SAFETY; TO IMPROVE WORKING CONDITIONS IN THE INDUSTRY BY PROVIDING EDUCATIONAL MATERIALS AND SEMINARS; AND TO MONITOR CHANGES IN THE LAW THAT MAY AFFECT FRANCHISED NEW CAR DEALERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUTOMOBILE TRADE SHOW - THE TRADE SHOW IS HELD ANNUALLY TO EDUCATE THE PUBLIC CONCERNING CURRENT DEVELOPMENTS RELATING TO THE AUTOMOBILE INDUSTRY.
EDUCATIONAL PROGRAMS - SEMINARS AND CLASSES ARE HELD TO EDUCATE THE PUBLIC WITH REGARD TO THE AUTO INDUSTRY AND TO ENHANCE THE SKILLS OF PERSONS INVOLVED IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Schienberg President | Officer | 45 | $1,219,088 |
Edward Gazzillo Dir Of Educa | Officer | 40 | $242,500 |
Alan Liebensohn Show Directo | Officer | 40 | $240,000 |
Susan Beiber VP Dealer Se | 50 | $155,000 | |
Mike Conway Director | Officer | $153,000 | |
Melissa Forbes Controller | 40 | $141,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cre8tivitie Inc Printing | 12/30/22 | $148,420 |
Shenker Russo & Clark Llp Legal | 12/30/22 | $231,167 |
Jacob K Javits Convention Center Convention Cent | 12/30/22 | $1,061,161 |
Citadel Security Agency Security | 12/30/22 | $274,623 |
Freeman Decorating Show Design | 12/30/22 | $273,744 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,006,219 |
| Investment income | $925,559 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$57,533 |
| Net Gain/Loss on Asset Sales | -$1,686,901 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,648 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,185,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,701,588 |
| Compensation of current officers, directors, key employees. | $681,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $869,675 |
| Pension plan accruals and contributions | $104,623 |
| Other employee benefits | $192,452 |
| Payroll taxes | $156,081 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $107,724 |
| Fees for services: Accounting | $116,525 |
| Fees for services: Lobbying | $597,913 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $104,621 |
| Fees for services: Other | $437,268 |
| Advertising and promotion | $961,802 |
| Office expenses | $900,382 |
| Information technology | $498,826 |
| Royalties | $0 |
| Occupancy | $3,400,096 |
| Travel | $302,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $371,289 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $731,238 |
| Insurance | $132,977 |
| All other expenses | $52,318 |
| Total functional expenses | $12,707,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,538 |
| Savings and temporary cash investments | $2,011,722 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $240,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,080,221 |
| Net Land, buildings, and equipment | $16,796,392 |
| Investments—publicly traded securities | $35,822,986 |
| Investments—other securities | $282,547 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,860 |
| Total assets | $56,439,512 |
| Accounts payable and accrued expenses | $246,253 |
| Grants payable | $0 |
| Deferred revenue | $1,069,948 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,316,201 |
| Net assets without donor restrictions | $54,755,067 |
| Net assets with donor restrictions | $368,244 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $56,439,512 |