Georgia Automotive Manufacturers Association Inc is located in Alpharetta, GA. The organization was established in 2012. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Automotive Manufacturers Association Inc 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, Georgia Automotive Manufacturers Association Inc generated $966.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $668.1k during the year ending 12/2022. While expenses have increased by 23.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROMOTING THE GROWTH, PROFITABILITY AND CONTINUAL IMPROVEMENT OF AUTOMOTIVE MANUFACTURING PRIMARILY IN GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S CURRENT ACTIVITIES INCLUDE:QUARTERLY MEMBER MEETINGS SUPPORTING THE ORGANIZATION'S EDUCATIONAL INITIATIVE - THE PURPOSE OF THIS ACTIVITY IS TO PROVIDE A FORUM FOR MEMBERS TO: - SHARE BEST PRACTICES WHICH WILL FOSTER GROWTH AND INNOVATION IN AUTOMOTIVE VEHICLE AND COMPONENT MANUFACTURING AS WELL AS RELATED SUPPORT BUSINESSES - NETWORK AMONG THEIR PEERS IN THE AUTOMOTIVE MANUFACTURING INDUSTRY TO ENABLE MEMBERS AND SPONSORS IN RELATED FIELDS TO ACHIEVE THEIR FULL ECONOMIC POTENTIAL AND TO CONTRIBUTE TO THE FUTURE DEVELOPMENT OF THEIR INDUSTRY - LEARN ABOUT ISSUES WITH SPECIFIC IMPACT ON THE INDUSTRY AS WELL AS BROADER ISSUES INFLUENCING THE GLOBAL ECONOMIC ENVIRONMENT AND THE ABILITY TO CREATE SUSTAINABLE OPERATIONS - OBTAIN UPDATES ON ADVANCES IN TECHNOLOGY AND INSIGHTS FROM NATIONAL INDUSTRY EXECUTIVES - DISCUSS AND DISTRIBUTE EDUCATIONAL MATERIALS FOR ALL TO PROMOTE AWARENESS OF AUTOMOTIVE MANUFACTURING TECHNIQUES, CONCERNS AND TRENDS - PROVIDE MEMBERS AND STRATEGIC PARTNERS AN OPPORTUNITY TO CONDUCT BUSINESS IN A COLLABORATIVE MANNER WHICH ENHANCES THE LEVEL OF QUALITY AND PROFITABILITY AND LEADS TO THE SUCCESS OF THE INDUSTRY AND ECONOMY OVERALL.MEMBER MEETINGS WERE INITIATED IN JUNE 2011 AND HAVE BEEN BENEFITING MEMBERS REGULARLY SINCE THEN. THE MAJORITY OF TIME AND RESOURCES OF THE ORGANIZATION ARE DEVOTED TO THIS ACTIVITY. MEETINGS ARE CONDUCTED AT LOCAL COMMUNITY VENUES PRIMARILY BY VOLUNTEERS.
AS A SECONDARY COMPONENT TO THE ORGANIZATION'S EDUCATIONAL INITIATIVES THEY REGULARLY CONDUCT WORKSHOPS AND SEMINARS ON MANUFACTURING CONCERNS AS WELL AS FACILITATE PLANT TOURS AND SOCIAL ACTIVITIES. A PRIMARY PURPOSE OF THESE ACTIVITIES IS TO EDUCATE MEMBERS AND TO DRIVE WORKFORCE DEVELOPMENT WHICH ENHANCES BOTH THE MEMBER AND INDUSTRY IMAGE AND LEADS TO FUTURE FINANCIAL SUCCESS. AGAIN, THIS ACTIVITY WAS INITIATED IN JUNE 2011 AND IS CONDUCTED AT VARIOUS LOCATIONS BY VOLUNTEERS.
THE ORGANIZATION MAINTAINS A MEMBER DIRECTORY, WEBSITE AND COMMITTEES TO ALLOW MEMBERS AND OTHERS TO PROMOTE EXPANDED AWARENESS REGARDING THE ORGANIZATION'S ACTIVITIES INCLUDING MEMBER MEETINGS DISCUSSED ABOVE AND NATIONAL / REGIONAL CONFERENCES. THIS FORUM ALLOWS GLOBAL ACCESS TO LEVERAGE THE EXTENSIVE KNOWLEDGE BASE OF THE APPROXIMATELY 450 MEMBERS INCLUDING AUTOMOTIVE MANUFACTURERS WITH TECHNICAL EXPERTISE TO PROVIDE SOLUTIONS FOR THE MOST COMPLEX ISSUES. CONNECTION TO BROADER REGIONAL, NATIONAL AND INTERNATIONAL ACTIVITIES ENSURES THE CONTINUATION OF THE ORGANIZATION AS A STRONG AND VIABLE FORCE INFLUENCING THE FUTURE SUCCESS OF THE AUTOMOTIVE INDUSTRY AS A WHOLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard A Walker President & CEO | OfficerTrustee | 45 | $0 |
Julio Gonzalez VP Of Strategic Developmen | OfficerTrustee | 4 | $0 |
Davis M Woodruff VP Of Professional Develop | OfficerTrustee | 9 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $21,935 |
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 | $21,935 |
Total Program Service Revenue | $937,492 |
Investment income | $363 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $966,869 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,627 |
Advertising and promotion | $1,539 |
Office expenses | $581 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,132 |
Travel | $6,149 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,105 |
Interest | $16 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $603 |
Insurance | $611 |
All other expenses | $10,799 |
Total functional expenses | $668,076 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $323,794 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $309 |
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 | $0 |
Net Land, buildings, and equipment | $805 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $324,908 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $7,477 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $7,477 |
Net assets without donor restrictions | $317,431 |
Net assets with donor restrictions | $0 |
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 | $324,908 |