2024-11-13T12:14:08-06:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 9229 DELEGATES ROW STE 250 INDIANAPOLIS IN 46240 990 2023-01-01 350412650 INDIANAPOLIS AUTOMOBILE TRADE ASSOCIATION INDI 3176351441 150 WEST MARKET STREET 810 INDIANAPOLIS IN 46204 MARTY MURPHY EXECUTIVE VICE PRESIDENT 3176351441 2024-11-07 1 1 SCOTT HERMAN P00964034 3173475200 2023 2024-10-15 13:58:12Z MARTY MURPHY 150 WEST MARKET STREET 810 INDIANAPOLIS IN 46204 793946 0 X N/A X 1907 IN TO PROMOTE AND SUPPORT THE AUTOMOBILE INDUSTRY IN THE INDIANAPOLIS METROPOLITAN AREA. 7 7 1 7 0 0 0 0 29900 31250 121277 129421 94962 69647 246139 230318 7615 7695 0 0 196963 225058 0 0 0 225259 161914 429837 394667 -183698 -164349 5711440 5579775 98272 425 5613168 5579350 TO PROMOTE THE AUTOMOBILE INDUSTRY IN THE GREATER INDIANAPOLIS METROPOLITAN AREA AND TO ACT AS A RESOUCE CENTER FOR THE COLLECTION AND DISTRIBUTION OF AUTOMOBILE AND RELATED INDUSTRY INFORMATION FOR ITS MEMBERS. 0 0 TO PROMOTE THE AUTOMOBILE INDUSTRY AND PROVIDE INFORMATION TO MEMBERS. THIS INCLUDES HOSTING THE ANNUAL INDIANAPOLIS AUTO SHOW AS WELL AS AN ANNUAL GOLF OUTING. 0 0 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 0 0 1 1 1 0 0 IN X MARY ELLEN PHILLIPS 3172668455 150 WEST MARKET STREET 810 INDIANAPOLIS IN 46204 X MARTY MURPHY DIRECTOR 1.00 5.00 X 201716 0 64837 JOHN COLGLAZIER DIRECTOR 1.00 1.00 X 0 0 0 ROBERT KENNEDY-EDWARDS DIRECTOR 1.00 1.00 X 0 0 0 NICK YORK DIRECTOR 1.00 1.00 X 0 0 0 BRIAN MILLER IMMEDIATE PAST PREISDENT 1.00 1.00 X 0 0 0 JEFF HOBSON PRESIDENT 1.00 1.00 X X 0 0 0 BRETT ROZZI EXECUTIVE VICE PRESIDENT 10.00 1.00 X X 0 0 0 JONATHAN SKILLMAN SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 201716 0 64837 1 0 1 0 0 MEMBER DUES 900099 31250 31250 31250 50232 50232 572303 493114 79189 79189 79189 70977 70514 463 463 MANAGEMENT FEE 900099 69184 69184 69184 230318 100434 0 129884 X 7695 212111 12947 25000 7330 12860 4136 69184 3179 10969 275 5716 2153 13279 UBIT TAXES 1814 DUES AND SUBSCRIPTIONS 2901 BANK AND CC FEES 1306 TELEPHONE 1080 732 394667 80484 76727 64251 35236 3266 8683 8683 0 0 1890069 1794442 3670714 3670714 2656 2656 5711440 5579775 98272 425 98272 425 X 5613168 5579350 5613168 5579350 5711440 5579775 -164349 133798 -3267 0 X X 0 0 0 0 0 0 0 31250 39592 14376 53968 25000 6250 8683 8683 0 0 3670714 C 3670714 X PART X, LINE 2: THE ASSOCIATION HAS EVALUATED TAX POSITIONS TAKEN IN THE TAX RETURNS FILED AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS DEFINED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. GOLF OUTING 70977 70977 6393 6909 32566 24612 34 70977 70977 6393 6909 32566 24612 34 70514 463 1 PART I, LINE 2: THE ORGANIZATION DONATES TO CHARITIES THAT IT BELIEVES CAN HAVE AN IMPACT ON THE LOCAL INDIANAPOLIS AREA. X X 1 1 X X X 0 0 0 MARTY MURPHY DIRECTOR 201716 0 0 0 0 0 16225 0 48612 0 266553 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES ITS EXECUTIVE VICE PRESIDENT WITH A DISCRETIONARY SPENDING ACCOUNT OF APPROX. $500 PER YEAR. PART I, LINE 3 THE ORGANIZATION PROVIDES COMPENSATION TO ITS EXECUTIVE VICE PRESIDENT BASED ON TERMS OF EMPLOYMENT CONTRACT WHICH IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 INDIANAPOLIS AUTOMOBILE TRADE ASSOCIATION IS A MEMBER-BASED ORGANIZATION. EACH MEMBER IS ENTITLED TO A VOTE FOR THE ELECTION OF BOARD MEMBERS. THIS IS THE ONLY EXTENT TO WHICH MEMBERS PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. MEMBERS HAVE NO RIGHTS TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A AS DISCUSSED ON SCHEDULE O FOR PART VI, SECTION A, LINE 6, EACH MEMBER OF INDIANAPOLIS AUTOMOBILE TRADE ASSOCIATION IS ENTITLED TO A VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S GOVERNING BODY IS PROVIDED A COPY OF FORM 990 AND REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS COMPARABLE INDUSTRY DATA AS WELL AS FACTORS SUCH AS TIME DEVOTION, DUTIES, AND RESPONSIBILITIES IN DETERMINING THE ANNUAL COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A: INDIANAPOLIS AUTO TRADE ASSOCIATION ("IATA"), AUTOMOBILE DEALERS ASSOCIATION OF INDIANA ("ADAI"), AND VERNON GENERAL INSURANCE COMPANY ("VGI") ALL SHARE AN EXECUTIVE VICE PRESIDENT. IN 2023, $61,593 OF THE EXECUTIVE VICE PRESIDENT'S COMPENSATION AND BENEFITS WAS REIMBURSED TO IATA BY ADAI FOR ITS SHARE OF HIS COMPENSATION. THIS REIMBURSEMENT IS REPORTED BY IATA AS EXPENSE REDUCTION ON FORM 990, PART IX, LINE 5. THIS REIMBURSEMENT IS REPORTED BY ADAI AS OFFICER COMPENSATION. FORM 990, PART IX, LINE 5 THE EXECUTIVE VICE PRESIDENT OF THE AUTOMOBILE DEALERS ASSOCIATION OF INDIANA (ADAI) ALSO SERVES AS THE EXECUTIVE VICE PRESIDENT OF THE INDIANAPOLIS AUTOMOBILE TRADE ASSOCIATION (IATA). THE ADAI REIMBURSES THE IATA FOR ITS SHARE OF SERVICES PROVIDED BY THE EXECUTIVE VICE PRESIDENT. THE AMOUNT OF REIMBURSEMENT FOR 2023 WAS $61,593 WHICH HAS BEEN NETTED AGAINST THE OFFICER COMPENSATION REPORTED IN LINE 5. FORM 990, PART XII, LINE 2C: THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSEEING THE ANNUAL REVIEW AND SELECTING AND INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. INSURANCE INVESTMENT CORPORATION 150 WEST MARKET STREET SUITE 812 INDIANAPOLIS IN 46204 351087529 HOLDING CORPORATION FOR VERNON GENERAL IN C 437858 1.00000 1 VERNON GENERAL INSURANCE COMPANY 150 WEST MARKET STREET SUITE 812 INDIANAPOLIS IN 46204 350730140 TO PROVIDE PROPERTY AND CASUALTY INSURANCE SERVICES IN C 230191 3000151 1.00000 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 1 VERNON GENERAL INSURANCE COMPANY K 8569 FMV RENT