2024-11-13T10:45:58-05:00 2023-12-31 611291670 HARROD & ASSOCIATES 2 HMB CIRCLE A FRANKFORT KY 406012351 990 2023-01-01 610244725 KENTUCKY AUTOMOBILE DEALERS ASSOCIATION INC KENT 5026953333 152 CONSUMER LANE FRANKFORT KY 40601 JOE CUMMINS CHAIR 5026953333 2024-11-05 true true DAVID R HARROD CPA P00875654 5026957300 2024-11-11 2023 2024-10-15 13:58:12Z JOE CUMMINS PO BOX 700 SOMERSET KY 42502 1185884 false X WWW.KYADA.COM X 1938 KY THE PURPOSE OF THE ASSOCIATION AND THE OBJECTIVES TO BE PROMOTED AND CARRIED OUT, IN ACCORDANCE WITH THE BY-LAWS, ARE AS FOLLOWS: TO FACILITATE THE EXCHANGE OF IDEAS AND INFORMATION AMONG ITS MEMBERS. TO ENCOURAGE SOUND BUSINESS PRACTICES AND POLICES. TO ENHANCE CONFIDENCE, RESPECT AND GOOD FELLOWSHIP AMONG ALL WHO ARE ENGAGED DIRECTLY OR INDIRECTLY IN THE MOTOR VEHICLE INDUSTRY AND TO PROTECT TRADE & COMMERCE AMONG DEALERS AND THEIR ALLIED PARTNERS IN THE COMMONWEALTH OF KENTUCKY 33 33 4 0 335210 366875 317867 393349 4215 30935 277754 378062 935046 1169221 0 0 399639 517701 0 0 423845 451290 823484 968991 111562 200230 2006612 2206420 319887 240188 1686725 1966232 X THE PRINCIPLES OF THE KENTUCKY AUTOMOBILE DEALERS ASSOCIATION, INC. ARE TO PROMOTE AND MAINTAIN HONESTY AND DEPENDABILITY IN OUR BUSINESSS OPERATIONS. TO EMPLOY TRUTH AND ACCURACY IN OUR ADVERTISING AND SELLING OF AUTOMOTIVE PRODUCTS. TO STRIVE CONSTANTLY TO IMROVE OUR INDUSTRY. false false THE KADA CONVENTION IS OUR ANNUAL MEETING FOR MEMBERS AND THEIR KEY EMPLOYEES. THE MEETING INCLUDES WORKSHOPS, BOARD MEETING AND EVENTS. WORKSHOPS ADDRESS A RANGE OF ISSUES FROM WORK PLACE SAFETY, CURRENT ECONOMIC ISSUES, REGULARTORY CONCERNS, ETC. KADA HELD 5 DISTRICT MEETINGS IN 2023 THAT HAD ABOUT 225 ATTENDEES. MEETINGS ARE HELD TO DISCUSS CURRENT INDUSTRY ISSUES. THE NADA CONVENTION IS AN ANNUAL MEETING FOR THE NATIONAL AUTOMOBILE DEALERS ASSOCIATION. THIS CONVENTION INCLUDES MANY WORKSHOPS, TRADESHOWS AND OTHER EVENTS. THE CONVENTION WAS HELD IN JANUARY OF 2023 IN DALLAS, TEXAS. THE WASHINGTON CONFERENCE IS SPONSORED BY NADA EVERY YEAR. IT IS A TIME WHERE ALL STATE ASSOCIATIONS SEND KEY PEOPLE TO GO TO WASHINGTON D.C. AND VISIT WITH THEIR CONGRESSMEN TO RELAY ANY IMPORTANT ISSUES PERTAINING TO THE AUTOMOTOVE INDUSTRY. IN 2023 KADA SENT FOUR AUTO DEALER MEMBERS WHO SERVE ON THE BOARD. false false false true false false false false false true false false false false true false false false false false false false false true false false false false true false false false false false false false false false false false false false false true 2 0 true 4 true false false false false false false false false X 33 33 false false false false true true false true true false false true true true true true true true true false KY X KADA STAFF 5026953333 152 CONSUMER LANE FRANKFORT KY 40602 X JASON WILSON PRESIDENT X 254657 0 30558 SEE ATTACHED BOARD MEMBER X 0 0 0 JOE CUMMINS CHAIR X 0 0 0 RAY COTTRELL JR TREASURER X 0 0 0 ROB MARSHALL VICE CHAIR X 0 0 0 DAVID MOORE CHAIR-ELECT X 0 0 0 NANCY SPARKS PAST CHAIR X 0 0 0 254657 30558 1 false true false 317375 49500 366875 CONVENTION, SEIMINARES & MTGS 375369 375369 OTHER INCOME 14970 14970 LEGAL WORKSHOPS 3010 3010 393349 30935 30935 351125 351125 43600 16663 26937 26937 1169221 744474 57872 410256 47931 33017 26497 28423 3445 35106 261821 10305 5505 LEGISLATIVE EXP. 38579 TECHNOLOGY MAINT. 14059 DUES, SUBSCRIPTIONS & CON 13794 BANK & CREDIT CARD FEES 10160 30093 968991 0 0 0 248102 297603 1472665 475182 5375 17214 427298 108901 280470 318397 1098024 2006612 2206420 6120 2358 313767 237830 319887 240188 X 1638798 1868804 47927 97428 1686725 1966232 2006612 2206420 X 200230 79276 1 X true X false true false false false false 317375 45701 45701 95213 -49512 30000 30000 312207 73206 239001 39509 34555 4954 45582 1140 44442 318397 X SCHEDULE D, PAGE 3, PART X (ASC) 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES: THE ASSOCIATION HAS IMPLEMENTED FASB ASC 740-10-20 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". MANAGEMENT BELIEVES IT HAS NOT TAKEN ANY TAX POSITION IN WHICH IT DOES NOT HAVE A MORE LIKELY THAN NOT SUCCESSFULLY DEFENDABLE POSITION. THE ASSOCIATION CONTINUES TO BE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY FOR 3 YEARS FROM DATE OF FILING. GOLF TOURNANMEN 43600 43600 16663 43600 43600 16663 16663 26937 true X X X X false false false JASON WILSON PRESIDENT 225000 29657 30558 17710 285215 FORM 990 - ORGANIZATION'S MISSION THE PRINCIPLES OF THE KENTUCKY AUTOMOBILE DEALERS ASSOCIATION, INC. ARE TO PROMOTE AND MAINTAIN HONESTY AND DEPENDABILITY IN OUR BUSINESSS OPERATIONS. TO EMPLOY TRUTH AND ACCURACY IN OUR ADVERTISING AND SELLING OF AUTOMOTIVE PRODUCTS. TO STRIVE CONSTANTLY TO IMROVE OUR INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS MAY ELECT BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD CURRENTLY REVIEWS AND APPROVES THE 990 PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C A: THE CONFLICT OF INTEREST POLICY IS UPDATED AND EVALUATED AT THE BEGINNING OF EACH YEAR. ANNUALLY THE BOARD MEMBERS ARE ASKED FOR REVIEW & DISCLOSURES. ANY ISSUES ARE ADDRESSED IMMEDIATELY. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S COMPENSATION PACKAGE IS DETERMINED BY COMPARISON DATA AMONG OTHER ASSOCIATION EXCECUTIVES. THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S SALARY AND THEN THE PRESIDENT APPROVES THE SALARIES FOR THE STAFF. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE COMMITTEE APPROVES THE PRESIDENT'S (OR KEY EMPLOYEES) SALARY AND THEN THE PRESIDENT APPROVES THE SALARIES FOR THE STAFF. OFFICERS CURRENTLY ARE NOT COMPENSATED. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 N/A 0 N/A 0 N/A 0 N/A 0 BOOK / TAX DEPRECIATION DIFFERENCE 1 TOTAL 1