Utah Automobile Dealers Association Insurance Trust

Organization Overview

Utah Automobile Dealers Association Insurance Trust is located in Murray, UT. The organization was established in 1997. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utah Automobile Dealers Association Insurance Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Utah Automobile Dealers Association Insurance Trust generated $8.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST PROVIDES GROUP HEALTH AND ACCIDENT INSURANCE FOR MEMBERS WHO ARE IN THE AUTOMOBILE INDUSTRY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST PROVIDED GROUP HEALTH AND ACCIDENT INSURANCE FOR 703 MEMBERS WHO ARE IN THE AUTOMOBILE INDUSTRY DURING 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Bickmore
Executive Director
$0
Danny Labrum
Trustee
$0
Byron Hansen
Chairman
$0
Frank Smith
Trustee
$0
Jody Wilkinson
Trustee
$0
Mike Macdonald
Trustee
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,129,443
Investment income $31,903
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 $8,161,346

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