Automobile Dealers Association Of Mega Milwaukee Inc
- Assets
- $3.6m
- Revenue
- $1.3m
- Investments
- $48.8k
- Employees
- 7
- Location
- Milwaukee, WI
- Founding
- 05/1945
- Data as of
- 06/2022
- EIN
- 39-0763326
Organization Overview
Automobile Dealers Association Of Mega Milwaukee Inc is located in Milwaukee, WI. The organization was established in 1945. 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 06/2022, Automobile Dealers Association Of Mega Milwaukee Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automobile Dealers Association Of Mega Milwaukee 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 06/2022, Automobile Dealers Association Of Mega Milwaukee Inc generated $1.3m 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 (4.2%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Automobile Dealers Association Of Mega Milwaukee Inc has awarded 32 individual grants totaling $558,732. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AUTOMOBILE DEALERS ASSOCIATION OF MEGA MILWAUKEE, INC. IS AN ASSOCIATION OF NEW CAR AND TRUCK DEALERS FROM THE GREATER MILWAUKEE AREA DEDICATED TO: PROVIDING MEMBER SERVICES NOT AVAILABLE TO OR ECONOMICAL FOR THE INDIVIDUAL DEALER; ENHANCING THE ETHICAL AND PROFESSIONAL STANDARDS AND PUBLIC IMAGE OF ITS MEMBERS; AND OFFERING EDUCATIONAL PROGRAMS FOR THE BETTERMENT OF DEALERS AND THEIR EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF AUTOMOBILE TRADE - PRODUCER OF MILWAUKEE'S INTERNATIONAL AUTO SHOW PROMOTING GENERAL RETAIL AUTO TRADE THROUGHOUT SOUTHEASTERN WISCONSIN.
INDUSTRY ADVERTISING STANDARDS PROGRAM - SELF POLICING EFFORT TO MAINTAIN TRUTH-IN-ADVERTISING IN THE AUTO TRADE.
INDUSTRY TRAINING - GRANTS TO EDUCATION FOUNDATION TO ENABLE TRAINING PROGRAMS FOR TECHNICIANS, SALES PERSONNEL AND MANAGEMENT IN AUTO TRADES.
INDUSTRY IMAGE PROGRAM - CREATE PUBLIC AWARENESS OF RETAIL AUTO INDUSTRY AND SPONSOR PUBLIC INFORMATION PROGRAMS ON RADIO, TELEVISION AND NEWSPAPERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Tolkan President | Officer | 40 | $144,589 |
Andy Schlesinger Chairman | OfficerTrustee | 1 | $0 |
Grant Sommer Chairman-Elect | OfficerTrustee | 1 | $0 |
Jessica Phillips Secretary/treasurer | OfficerTrustee | 1 | $0 |
Eric Ewald Ex-Officio Director | Trustee | 1 | $0 |
Greg Hobbs Ex-Officio Director | Trustee | 1 | $0 |
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 | $67,723 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,723 |
| Total Program Service Revenue | $1,035,546 |
| Investment income | $113,622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $55,080 |
| Net Gain/Loss on Asset Sales | $71,766 |
| Net Income from Fundraising Events | -$2,171 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,344,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,180 |
| 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. | $144,589 |
| Compensation of current officers, directors, key employees. | $86,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $189,429 |
| Pension plan accruals and contributions | $19,963 |
| Other employee benefits | $19,833 |
| Payroll taxes | $25,716 |
| Fees for services: Management | $63,701 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,091 |
| Advertising and promotion | $274,686 |
| Office expenses | $31,820 |
| Information technology | $12,782 |
| Royalties | $0 |
| Occupancy | $361,581 |
| Travel | $8,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,681 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,904 |
| Insurance | $14,858 |
| All other expenses | $41,171 |
| Total functional expenses | $1,441,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $238,961 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $286,035 |
| 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 | $79,586 |
| Net Land, buildings, and equipment | $992,407 |
| Investments—publicly traded securities | $1,977,784 |
| Investments—other securities | $48,818 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,624,091 |
| Accounts payable and accrued expenses | $64,207 |
| Grants payable | $0 |
| Deferred revenue | $14,925 |
| 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 | $79,132 |
| Net assets without donor restrictions | $3,544,959 |
| 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 | $3,624,091 |
Grants Awarded
Over the last fiscal year, Automobile Dealers Association Of Mega Milwaukee Inc has awarded $81,267 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE FOUNDATION OF THE WISCONSIN AUTOMOBILE & TRUCK DEALERS ASSOCIATION INC PURPOSE: GENERAL ADMINISTRATION AND DEVELOPMENT SERVICES. | $40,000 |
ADAMM CHARITABLE FOUNDATION INC PURPOSE: GALA FUNDRAISING EVENT SUPPORT | $16,267 |
MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC PURPOSE: GENERAL ADMINISTRATION AND DEVELOPMENT SERVICES. | $25,000 |