Tennessee Independent Automobile Dealers Association is located in Knoxville, TN. The organization was established in 2019. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Independent 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, Tennessee Independent Automobile Dealers Association generated $82.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $105.6k during the year ending 12/2022. While expenses have increased by 24.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING MEMBERS EDUCATIONAL RESOURCES AND TRAINING MATERIALS INCLUDING INDEPENDENT OPERATING AND REGULATORY COMPLIANCE BEST PRACTICE METHODS RELEVENT TO THE AUTOMOBILE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracy Mcmurtry Executive Chairman | 1 | $0 | |
David Stancil Director | 1 | $0 | |
Don Isakson Chairman | 4 | $0 | |
David Norton President Elect | 1 | $0 | |
Kevin Thompson Director | 1 | $0 | |
Matt Millican Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,193 |
Total Program Service Revenue | $0 |
Membership dues | $69,703 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $82,896 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $78,902 |
Professional fees and other payments to independent contractors | $495 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $3,258 |
Other expenses | $22,979 |
Total expenses | $105,634 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,999 |
Other assets | $0 |
Total assets | $24,999 |
Total liabilities | $36,151 |
Net assets or fund balances | -$11,152 |