Cleveland Automobile Dealers Association

Organization Overview

Cleveland Automobile Dealers Association is located in Broadview Heights, OH. The organization was established in 1946. 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 10/2020, Cleveland Automobile Dealers Association employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland 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 10/2020, Cleveland Automobile Dealers Association generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.4m during the year ending 10/2020. While expenses have increased by 2.6% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ENCOURAGE AND PROMOTE TRADE AND COMMERCE BY AFFORDING THE OPPORTUNITY FOR ITS MEMBERS TO ASSOCIATE, EXCHANGE VIEWS AND DISSEMINATE INFORMATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENCOURAGE AND PROMOTE TRADE AND COMMERCE BY AFFORDING THE OPPORTUNITY FOR ITS MEMBERS TO ASSOCIATE, EXCHANGE VIEWS AND DISSEMINATE INFORMATION.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $70,412
Tax Exempt Bond Proceeds $0
Royalties $14,567
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,556
Net Income from Fundraising Events -$70,154
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,793,171

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