National Association Of Dealer Counsel
- Assets
- $551.3k
- Revenue
- $670.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/2005
- Data as of
- 12/2023
- EIN
- 75-3167591
Organization Overview
National Association Of Dealer Counsel is located in Washington, DC. The organization was established in 2005. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Dealer Counsel 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 12/2023, National Association Of Dealer Counsel generated $670.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $656.1k during the year ending 12/2023. While expenses have increased by 5.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION FUNCTIONS AS A TRADE ASSOCIATION OF ATTORNEYS WHO REPRESENT THE AUTOMOBILE DEALERSHIP INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES EDUCATIONAL PROGRAMMING TO ITS MEMBERS AND INDIVIDUALS INTERESTED IN LEGAL ISSUES AFFECTING THE DEALERSHIP COMMUNITY THROUGH AN ANNUAL SPRING CONFERENCE WHICH COVERS TOPICS SUCH AS DEALER COUNSEL 101, NADA UPDATE, REINSURANCE PRIMER, IN-HOUSE COUNSEL RISK MANAGEMENT, KEY LEGAL & MARKET CONSIDERATIONS IN TODAY'S BUY-SELL MARKET, NADA UPDATE, LEGAL ISSUES OF DMS SYSTEMS, CYBER SECURITY, LEGAL RAMIFICATIONS OF VENDOR "SOLUTIONS AND PRODUCTS PEDDLED TO DEALERS, NEXT GENERATION VEHICLE SALES: LEGAL HURDLES OF ONLINE AND MOBILE APPS, TOP LEGAL ISSUES FOR DEALERS, CONDITIONAL MARGIN, TIERED MARGINS, MARKET STRATIFICATION AND PROJECT PINNACLE, THE POLITICS OF EMPLOYMENT LAW: UNDERSTANDING LABOR & EMPLOYMENT IN A NEW ADMINISTRATION.
THE ASSOCIATION PROVIDES A FALL CONFERENCE OPEN TO ALL MEMBERS WHICH INCLUDES INFORMATION SESSIONS COVERING TOPICS SUCH AS THE ETHICAL CONCERNS WITH THE LATEST TECHNOLOGY DISRUPTIONS, FRAMEWORK AGREEMENTS, FINANCIAL AND LEGAL ISSUES AFFECTING MULTI-FRANCHISE BUY/SELLS, PARTNERING WITH LOCAL DEALERSHIPS FOR SUMMER JOBS FOR UNDER RESOURCED YOUTH, EMERGING TECHNOLOGY ISSUES AFFECTING DEALERS, IMPACT OF DEALER REINSURANCE, NADA UPDATE, OVERCOMING MANUFACTURER OBSTACLES AND OBJECTIONS TO ENHANCE DEALER WARRANTY REPAIR PROFITABILITY, DEALERSHIP COMPLIANCE AND ETHICS PROGRAMS.
THE ASSOCIATION CONDUCTS WEBINARS FOR MEMBERS TO DISCUSS TOPICS FACING THE DEALER INDUSTRY SUCH AS PUTTING THE BRAKES ON LOSSES: HOW INSURANCE POLICIES CAN PROTECT DEALER PROFITABILITY, ET TU, BRUTE? TIPS FOR FENDING OFF FRAUD BY UNETHICAL DEALERSHIP EMPLOYEES, AND DOES THE AMENDED MILITARY LENDING ACT REGULATION AFFECT AUTO DEALERS?
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Silverman President | OfficerTrustee | 0.5 | $0 |
Eric Baker Vice President | OfficerTrustee | 0.5 | $0 |
Don Gould Treasurer | OfficerTrustee | 0.5 | $0 |
Timothy Robinett Secretary | OfficerTrustee | 0.5 | $0 |
Jami Farris Immed Past Pres | Trustee | 0.5 | $0 |
Jim Appleton Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Assoc Management Strategies Management | 12/30/18 | $138,000 |
Four Seasons Chicago Lodging | 12/30/18 | $118,680 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $656,144 |
| Investment income | $494 |
| 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 | $670,689 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $170,852 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,920 |
| Advertising and promotion | $0 |
| Office expenses | $117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $331,112 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,079 |
| Insurance | $4,068 |
| All other expenses | $25,765 |
| Total functional expenses | $656,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,264 |
| Savings and temporary cash investments | $253,049 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,358 |
| 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 | $71,671 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $551,342 |
| Accounts payable and accrued expenses | $4,955 |
| Grants payable | $0 |
| Deferred revenue | $148,912 |
| 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 | $153,867 |
| Net assets without donor restrictions | $397,475 |
| 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 | $551,342 |