2024-11-11T17:37:04-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2023-01-01 850269621 NEW MEXICO INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION NEWM 5052320809 2202 MENAUL BLVD NE 1 ALBUQUERQUE NM 87107 MARC P POWELL EXECUTIVE DIRECTOR 5052320809 2024-11-11 1 1 STEPHEN LIVINGSTON P00317845 5058428290 2024-11-11 2023 2024-10-15 13:58:12Z MARC P POWELL 2202 MENAUL BLVD NE 1 ALBUQUERQUE NM 87107 636807 0 X WWW.NMIADA.COM X 1962 NM SERVE AUTO DEALER MEMBERS PROVIDING EDUCATION ON GOVERNMENT REQUIREMENTS & APPROPRIATE FORMS & PERMITS; BI-MONTHLY NEWSLETTER; PROMOTE INDUSTRY STANDARDS & QUALITY; PROVIDE STATE OF NM MOTOR VEHICLE DEPARTMENT APPROVED FORMS. 13 13 0 13 96209 474 1019 50 692096 442058 82205 90119 88720 104580 864040 636807 14445 13750 0 0 0 0 0 0 0 719627 540051 734072 553801 129968 83006 1131899 1275911 251905 328089 879994 947822 X SEE SCHEDULE O 0 0 ANNUAL NM CONVENTION FOR MEMBERS PROVIDING EDUCATIONAL OPPORTUNITIES FOR DEALERS FROM NM FEATURED SPEAKERS ON VARIOUS ASPECTS OF THE INDUSTRY INCLUDING STRENGTHENING DEALER RELATIONS WITH THE NM MOTOR VEHICLE DEPARTMENT AND EMPHASIS ON BEST PRACTICES. VENDOR BOOTHS AND EXHIBITS WITH INFORMATION ON TECHNOLOGY, FINANCING, LEGAL, INSURANCE AND OTHER ASPECTS RELATED TO THE INDUSTRY. BI-MONTHLY NEWSLETTER PROVIDING ARTICLES RELATED TO COMPLIANCE, LEGAL, LEGISLATIVE, REGULATORY MATTERS, OPPORTUNITIES FOR UPDATES & EDUCATION RELATED TO COMPLIANCE, ACCOUNTING PRACTICES IN THE INDUSTRY, MARKETING & PROMOTION, FINANCING, COMPLIANCE BEST PRACTICES, FORM USE, PRODUCT KNOWLEDGE AND TO PROVIDE INFORMATION GARNERED FROM NATIONAL CONVENTIONS OF OTHER ORGANIZATIONS WITH SIMILAR INTEREST AND CONCERNS. PRE-LICENSING SEMINARS FOR INDVIIDUALS WANTING TO BECOME A DEALER, CONTINUING EDUCATION SEMINARS INCLUDING COMPLIANCE WITH THE FEDERAL TRADE COMMISSION RED FLAG RULES. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 12 0 1 0 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NM X NM INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION 5052320809 2202 MENAUL BLVD NE 1 ALBUQUERQUE NM 87107 JEDA CRADDICK BOARD CHAIR UNTIL 12/31/2024 4.00 X X 0 0 0 ROBERT MARTINEZ PRESIDENT 4.00 X X 0 0 0 LUIS SOTO VICE PRESIDENT 4.00 X X 0 0 0 MARK BECKER TREASURER 4.00 X X 0 0 0 CARLOS BAZO DIRECTOR 2.00 X 0 0 0 DANIEL CORDOVA DIRECTOR 2.00 X 0 0 0 LISA ENOS DIRECTOR 2.00 X 0 0 0 DANIEL LANG DIRECTOR 2.00 X 0 0 0 MIKE PETERS DIRECTOR 2.00 X 0 0 0 CHRIS RANGEL DIRECTOR 2.00 X 0 0 0 REESE SPOFFORD DIRECTOR 2.00 X 0 0 0 ANNA VIECK DIRECTOR 2.00 X 0 0 0 SUSAN WHEELER DIRECTOR 2.00 X 0 0 0 MARC P POWELL EXECUTIVE DIRECTOR 15.00 25.00 X 0 201216 3486 0 201216 3486 0 0 1 0 0 50 50 EDUCATION PROGRAMS 611430 254915 254915 ASSOC MEMBR/SPONSOR 900099 125596 125596 MEMBERSHIP DUES 900099 49941 49941 COVID TESTING 900099 11606 2321 9285 442058 90119 4 90115 86920 0 86920 86920 86920 17660 0 17660 17660 636807 432773 96209 107775 X 13750 90000 6010 53538 19395 1379 36944 48036 19061 38676 2568 81333 16122 43420 9952 UBIT 123 BAD DEBT 45059 TAXES & LICENSES 6847 POLITICAL CONTRIBUTIONS 6500 15088 553801 29224 59573 153352 55598 56695 8050 167625 159366 4344 12423 917944 88690 675659 829254 25000 136647 20000 15000 1131899 1275911 35392 10087 216513 301502 0 16500 251905 328089 X 879994 947822 879994 947822 1131899 1275911 83006 -15178 0 X 0 0 0 6000 0 6000 6000 1 CAMPAIGN TO ELECT MIMI STEWART 313 MOON NE ALBUQUERQUE NM 87123 999999999 2500 0 CAMPAIGN TO ELECT ANTONIO MAESTAS 3404 GRANDE VISTA PLACE NW ALBUQUERQUE NM 87120 999999999 2000 0 CAMPAIGN TO ELECT JOSH HERNANDEZ 1380 RIO RANCHO BLVD 209 RIO RANCHO NM 87124 999999999 1500 0 0 0 0 336183 19395 19395 9988 0 9407 PART I-A, LINE 1: THE ORGANIZATION PROVIDES SUPPORT TO STATE AND LOCAL CANDIDATE ELECTION COMMITTEES THAT SUPPORT THE NM AUTO INDUSTRY AND THE MEMBERS OF THE NM INDEPENDENT AUTO DEALERS ASSOCATION 69900 69900 824186 68326 755860 20358 17544 2814 3500 2820 680 829254 STOCK - INDEPENDENT AUTO DEALERS SERVICES CORP 135647 C STOCK - NM DEALER SUPPORT SERVICES 1000 C 136647 REFUNDABLE RENT DEPOSITS 1500 604 CHAMA DEFERRED WATER METER LIABILITY 15000 16500 GOLF TOURNAMENT 17660 17660 17660 17660 17660 0 SCHOLARSHIPS 10 13750 N/A N/A 0 0 0 MARC P POWELL EXECUTIVE DIRECTOR 0 130516 0 70700 0 0 0 3486 0 0 0 204702 0 0 PART I, LINE 3 NO COMPENSATION IS PAID BY THIS ORGANIZATION. THE EXECUTIVE DIRECTOR'S COMPENSATION IS PAID BY A CONTROLLED CORPORATION, SEE SCHEDULE R. IF THE RELATED CONTROLLED CORPORATION COMPLETED THIS LINE 3 OF SCHEDULE J, THEY WOULD CHECK THE BOX FOR APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART III: ENCOURAGE JOINING TOGETHER AS AN ASSOCIATION, AUTO DEALERS OF NM, TO ADVANCE THE INTERESTS OF THE INDEPENDENT AUTOMOBILE DEALERS AND THE AUTOMOBILE INDUSTRY AS A WHOLE ENABLING THEM TO FUNCTION WELL WITH THE NM MOTOR VEHICLE DEPARTMENT BY UNDERSTANDING LAWS AND REQUIREMENTS AND TO PRACTICE HIGHEST STANDARDS OF BUSINESS PRACTICE AS IT RELATES TO THE PUBLIC. FORM 990, PART V, LINE 2: THE ORGANIZATION USES A CONTROLLED ENTITY, NM DEALER SUPPORT SERVICE, INC. (NMDSS), AS A COMMON PAYMASTER FOR TWO EMPLOYEES. THE ORGANIZATION REIMBURSES THE COMMON PAYMASTER FOR IT'S SHARE OF SALARIES AND WAGES, APPLICABLE PAYROLL TAXES, PENSIONS (SIMPLE-IRA), AND EMPLOYEE BENEFITS. THE COMMON PAYMASTER, IADSC, WHOSE EIN IS 85-0471018, FILES APPROPRIATE FORMS W-3, W-2, AND OTHER REQUIRED FEDERAL UNEMPLOYMENT TAX RETURNS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A 501(C)(6) MEMBERSHIP TRADE ORGANIZATION. IT HAS THE FOLLOWING CLASSES OF MEMBERS: - REGULAR MEMBERS WHO CONSIST OF LICENSED INDEPENDENT AUTOMOBILE DEALERS, WHETHER INDIVIDUAL OR CORPORATION, WHO ARE ENGAGED IN THE BUSINESS OF BUYING AND SELLING MOTOR VEHICLES IN AN ESTABLISHED PLACE OF BUSINESS IN THE STATE OF NM. ONLY REGULAR MEMBERS SHALL BE ENTITLED TO VOTE OR HOLD OFFICE IN THE ASSOCIATION. - ASSOCIATE/SPONSOR MEMBERS WHO CONSIST OF PERSONS, COMPANIES, AND/OR CORPORATIONS RESIDING IN NM THAT ARE ENGAGED IN A BUSINESS RELATING TO, OR ASSOCATED WITH, OR ASSISTING PERSONS ENGAGED IN THE AUTOMOBILE BUSINESS SUCH AS USED CAR DEPARTMENTS OWNED AND OPERATED BY FRANCHISED NEW CAR DEALERS, FINANCE COMPANIES, BANKS, AUTO ACCESSORY AND PARTS DEALERS AND REPAIR SHOPS AND GRADUATES OF NM DEALER PRELICENSING EDUCATION. ASSOCIATE MEMBERS WILL ALSO BE KNOW AS SPONSOR MEMBERS. - HONORARY MEMBERS. AN HONORY MEMBERSHIP MAY BE BESTOWED ON INDIVIDUALS, COMPANIES OR CORPORATIONS FOR THEIR EXEMPLARY SERVICE TO THIS ASSOCATION, AS DULY CHOSEN FOR SUCH AN HONOR BY THE BOARD OF DIRECTORS. - SPECIAL MEMBERS. A SPECIAL MEMBERSHIP SHALL BE AVAILABLE TO INDIVIDUALS, PARTNERS, A COLLECTION OF INDIVIDUALS, COMPANIES OR CORPORATIONS WHO WANT TO BECOME AFFILIATED WITH THE ASSOCIATION PRIOR TO AND DURING THE ANNUAL CONVENTION OR ANY OTHER MAJOR ASSOCIATION EVENT UPON PAYMENT OF THE SPECIAL MEMBERSHIP FEES AS DETERMINED BY THE BOARD OF DIRCTORS. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS ARE ELECTED BY THE REGULAR MEMBERS OF THE ORGANIZATION ANNUALLY AND SERVE A ONE YEAR TERM OR UNTIL THEIR SUCCSSORS ARE ELECTED AND QUALIFIED. ONLY REGULAR MEMBERS CAN SERVE ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS OF THE ORGANIZATION PRIOR TO ITS FILING AND INDIVIDUAL BOARD MEMBERS READ AND SUBMIT QUESTIONS AS APPLICABLE TO MANAGEMENT AND/OR THE OUTSIDE TAX RETURN PREPARER PRIOR TO ITS FILING. FORM INSTRUCTIONS AND CHECKLIST ARE MADE AVAILABLE TO THE BOARD MEMBERS FOR THE PROCESS. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE POLICY ARE DIRECTORS OR PRINCIPAL OFFICERS OF THE ASSOCIATION OR MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, IF APPLICABLE. THE INDIVIDUAL IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS OR, IF APPLICABLE, THE MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS. AFTER DISCLOSURE OF FACTS THE INDIVIDUAL LEAVES THE MEETING TO ALLOW FOR DISCUSSION, AND VOTE ON THE POSSIBLE CONFLICT OF INTEREST. A DUTY TO DISCLOSE IS CONSIDERED APPROPRIATE, BUT IF THERE IS FAILURE TO DISCLOSE THE GOVERNING BODY MAY MAKE INQUIRIES AND TAKE DISCIPLINARY AND CORRECTIVE ACTION IF NECESSARY. THE BOARD DISCUSSES CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST IN PERIODIC TELECONFERENCES OF THE BOARD OF DIRECTORS. EACH DIRECTOR AN DPRINCIPAL OFFICER ANNUALLY SIGNS A STATEMENT REGARDING THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION IS PAID BY THIS ORGANIZATION. THE EXECUTIVE DIRECTOR'S COMPENSATION IS PAID BY A CONTROLLED CORPORATION, SEE SCHEDULE R. FORM 990, PART VI, SECTION C, LINE 19 APPLICABLE DOCUMENTS ARE PROVIDED UPON REQUEST IN PRINTED FORMAT OR OTHER FORMAT IF MORE FEASIBLE. FORM 990, PART IX, LINE 24E MEMBERSHIP EXPENSES 5,000. DUES AND SUBSCRIPTIONS 4,959. COVID TESTING PROGRAM 2,985. FEDERAL PROXY TAX 1,975. DONATIONS AND GIFTS 608. CASH SHORT OVER -9. BOOK/TAX UBI TIMING DIFFERENCES -430. INDEPENDENT AUTO DEALERS SERVICE CORPORATION LTD 2202 MENAUL BLVD NE ALBUQUERQUE NM 87107 850471018 AUTO REG & FORM NM NMIADA C 782265 250674 1.00000 1 NEW MEXICO DEALER SUPPORT SERVICES INC 2202 MENAUL BLVD NE ALBUQUERQUE NM 87107 472071724 AUTO DEALER SUPPORT SERVICES NM NMIADA C 2005074 280139 1.00000 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 0 1 1 1 1 INDEPENDENT AUTO DEALERS SERVICE CORPORATION LTD A 24000 FMV NEW MEXICO DEALER SUPPORT SERVICES INC A 24004 FMV INDEPENDENT AUTO DEALERS SERVICE CORPORATION LTD B 93118 CASH TRANSFERRED NEW MEXICO DEALER SUPPORT SERVICES INC F 82238 CASH TRANSFERRED NEW MEXICO DEALER SUPPORT SERVICES INC P 30000 COST INDEPENDENT AUTO DEALERS SERVICE CORPORATION LTD P 60000 COST