Montana Automobile Dealers Association

Organization Overview

Montana Automobile Dealers Association is located in Helena, MT. The organization was established in 1954. 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, Montana Automobile Dealers Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana 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, Montana Automobile Dealers Association generated $651.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $669.1k during the year ending 12/2022. While expenses have increased by 5.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MONTANA AUTOMOBILE DEALERS ASSOCIATION WAS ORGANIZED IN 1939 TO PROMOTE A HIGH PLANE OF BUSINESS ETHICS FOR THOSE ENGAGED IN THE RETAIL MOTOR VEHICLE BUSINESS; TO ENCOURAGE AND PROMOTE A SPIRIT OF COOPERATION AMONG MOTOR VEHICLE DEALERS AND THEIR AFFILIATION AND SUPPORT OF LOCAL ASSOCIATIONS AND THE NATIONAL AUTOMOBILE DEALERS ASSOCIATION SO THAT THE INTERESTS OF ALL MOTOR VEHICLE DEALERS AND THE GENERAL PUBLIC, IN RELATION THERETO, MAY BE BEST SERVED; TO ENCOURAGE AND ASSIST IN THE INFORMATION OF LOCAL ASSOCIATIONS AND SEEK TO MERIT CO-OPERATION AND APPROVAL; TO ENDEAVOR TO RAISE TO THE HIGHEST DEGREE OF STANDARDS, ETHICS, AND PRACTICES OF MOTOR VEHICLE MERCHANDISING TO THE END THAT THE TRADE, THROUGH EFFICIENT MANAGEMENT, MAY ENJOY THE OPPORTUNITY OF PROFITABLE OPERATION AND THE BUILDING UP OF FINANCIAL SECURITY; TO SEEK THROUGH COOPERATIVE EFFORTS THE CORRECTION OF ANY UNFAIR OR UNBUSINESSLIKE PRACTICES; TO CONDUCT SUCH INVESTIGATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVENTION HELD YEARLY TO BRING THE MEMBERS TOGETHER TO SHARE EXPERIENCES TO IMPROVE THE AUTOMOTIVE INDUSTRY.


SPONSORING A WORKERS' COMPENSATION PROGRAM FOR THE MEMBERS THAT EMPHASIZES RISK MANAGEMENT THEREFORE REDUCING THE COST OF THE MEMBERS AND EMPLOYEES.


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Board, Officers & Key Employees

Name (title)Compensation
Erick Anderson
Chairman
$0
Wade Rehbein
President
$0
Eric Henricksen
President Elect
$0
Peder Billion
Vice President
$0
Don Kaltschmidt
Director
$0
Jackson Bell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$66,838
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$66,838
Total Program Service Revenue$173,088
Investment income $2,332
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $28,400
Net Gain/Loss on Asset Sales $11,330
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $20,037
Miscellaneous Revenue$0
Total Revenue $651,100

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