Automotive Aftermarket Association Southeast Inc
- Assets
- $2.8m
- Revenue
- $1.0m
- Investments
- $1.0m
- Employees
- 7
- Location
- Montgomery, AL
- Founding
- 09/1952
- Data as of
- 09/2021
- EIN
- 63-0013048
Organization Overview
Automotive Aftermarket Association Southeast Inc is located in Montgomery, AL. The organization was established in 1952. 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 09/2021, Automotive Aftermarket Association Southeast Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automotive Aftermarket Association Southeast 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 09/2021, Automotive Aftermarket Association Southeast Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE BUSINESS INTEREST OF THE AUTOMOTIVE EQUIPMENT AFTERMARKET INDUSTRY AND EDUCATE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNCIL AND COMITTEE MEETINGS AND ANNUAL CONVENTION FOR ENTIRE MEMBERSHIP
INFORMING MEMBERSHIP OF ITEMS RELATED TO THE AUTOMOTIVE WHOLESALE PARTS INDUSTRY TO SERVE THE ENTIRE MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randal Ward President | OfficerTrustee | 40 | $406,478 |
Keith West Immediate Pa | Officer | 1 | $0 |
Danny Durbin Second Vice | Officer | 1 | $0 |
George Ehrhard Fl Oper Dire | Officer | 1 | $0 |
Sid Dooley Chairman | Officer | 1 | $0 |
Joe Ward First Vice C | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $204,072 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,800 |
| 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 | $319,872 |
| Total Program Service Revenue | $523,577 |
| Investment income | $63,732 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,023,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $406,346 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $364,822 |
| Pension plan accruals and contributions | $46,990 |
| Other employee benefits | $0 |
| Payroll taxes | $41,348 |
| Fees for services: Management | $4,167 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,502 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $0 |
| Office expenses | $55,833 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,062 |
| Travel | $2,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,216 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,238 |
| Insurance | $43,644 |
| All other expenses | $1,567 |
| Total functional expenses | $1,117,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,977 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $328,662 |
| Investments—publicly traded securities | $964,265 |
| Investments—other securities | $1,009,863 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $310,738 |
| Total assets | $2,794,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $15,339 |
| Total liabilities | $15,339 |
| Net assets without donor restrictions | $0 |
| 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 | $2,779,166 |
| Total liabilities and net assets/fund balances | $2,794,505 |
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