Rockford New Car Dealers Assn Inc is located in Rockford, IL. The organization was established in 1949. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Rockford New Car Dealers Assn 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 12/2021, Rockford New Car Dealers Assn Inc generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.4%) each year. All expenses for the organization totaled $1.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (38.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CHARITABLE DONATIONS TO LOCAL CHARITIES AS AN OPPORTUNITY FOR ASSOCIATION MEMBERS TO PROMOTE GOODWILL IN THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Fuehrer Director | 0 | $0 | |
Rick Beale Vice Preside | 0 | $0 | |
Rachel Bachrodt President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,300 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $3,300 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,110 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $432 |
Total expenses | $1,542 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,102 |
Other assets | $0 |
Total assets | $2,102 |
Total liabilities | $0 |
Net assets or fund balances | $2,102 |