2025-09-30T06:34:56-05:00 2023-12-31 720636725 HANNIS T BOURGEOIS LLP 2322 TREMONT DR BATON ROUGE LA 70809 990 2023-01-01 720404475 LOUISIANA AUTOMOBILE DEALERS ASSOC INC LOUI 2257695500 660 LAUREL STREET E BATON ROUGE LA 70802 THOMAS C MCMAHEN PRESIDENT 2257695500 2025-09-25 1 1 GLEN M LABORDE CPA P01485757 2259284770 2025-09-25 2023 2025-03-06 01:10:19Z X THOMAS C MCMAHEN 660 LAUREL ST SUITE E BATON ROUGE LA 70802 2152047 0 X WWW.LADA.ORG X 1937 LA TO PROMOTE THE AUTOMOTIVE TRADE. 21 20 2 0 0 0 0 0 626431 660126 45423 426826 998906 946552 1670760 2033504 0 0 0 0 130513 128524 0 0 0 694571 816155 825084 944679 845676 1088825 6082824 7895671 100100 95118 5982724 7800553 PROMOTE THE AUTOMOTIVE TRADE IN LOUISIANA. ADVOCATE A HIGH PLANE OF BUSINESS ETHICS FOR THOSE ENGAGED IN THE MOTOR VEHICLE BUSINESS IN THE STATE. ENDORSE AND PROMOTE A SPIRIT OF COOPERATION AMONG MOTOR VEHICLE DEALERS AND THOSE ENGAGED IN ASSOCIATED AND ALLIED TRADES. 0 0 THE ASSOCIATION ISSUES REGULAR PUBLICATIONS AND CONDUCTS REGULAR CONFERENCES AND CONVENTIONS THAT PROMOTE COOPERATION AMONG MEMBERS AND PROVIDE INFORMATION TO IMPROVE THE EFFICIENCY OF MEMBERS' OPERATIONS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 26 0 1 2 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 X THOMAS C MCMAHEN 2257695500 660 LAUREL ST SUITE E BATON ROUGE LA 70802 MARK A HEBERT NADA STATE DIRECTOR 0.20 X X 0 0 0 DAVID L FABRE DIRECTOR 0.20 X 0 0 0 THOMAS C MCMAHEN PRESIDENT 40.00 X X 0 10000 0 L KEITH HANKS DIRECTOR 0.20 X 0 0 0 RAND ALFORD TREASURER 0.20 X X 0 0 0 HUNTER WHITE DIRECTOR 0.20 X 0 0 0 KRISTIE MCMATH-HEBERT CHAIRWOMAN 0.20 X X 0 0 0 RICHARD Q FLICK DIRECTOR 0.20 X 0 0 0 PATTON FRITZE CHAIR-ELECT 0.20 X X 0 0 0 BRETT BARKER DIRECTOR 0.20 X 0 0 0 ROBERT N FERON DIRECTOR 0.20 X 0 0 0 JOHN R YOUNG EXECUTIVE COMMITTEE MEMBER 0.20 X 0 0 0 RYAN LEBLANC DIRECTOR 0.20 X 0 0 0 ROBERT A GRACE EXECUTIVE COMMITTEE MEMBER 0.20 X X 0 0 0 LAWRENCE S SEARCY JR DIRECTOR 0.20 X 0 0 0 ALLEN O KRAKE DIRECTOR 0.20 X 0 0 0 COREY TARVER DIRECTOR 0.20 X 0 0 0 MARSHALL HARPER IMMEDIATE PAST-CHAIRMAN 0.20 X X 0 0 0 LEE CARNEY DIRECTOR 0.20 X 0 0 0 CLINT HIXSON DIRECTOR 0.20 X 0 0 0 SCOTT OLIPHANT DIRECTOR 0.20 X 0 0 0 WILL H GREEN FORMER PRESIDENT 40.00 X 37500 135469 0 37500 145469 0 0 1 1 0 0 CONFERENCES & CONVENTIONS 561499 481730 481730 MEMBERSHIP DUES 561499 137185 137185 NADA MEMBERSHIP FEES 561499 34546 34546 GREEN TAG INCOME 531340 6665 6665 660126 115947 115947 912712 912712 33840 0 33840 33840 33840 429422 118543 310879 310879 310879 2033504 971005 0 1062499 37500 79244 4368 132 7280 153 106788 29933 8359 12492 3537 64347 339787 1405 33403 MEMBER SERVICES 184433 CONTRIBUTIONS 10384 REPAIRS & MAINTENANCE 8015 DUES AND SUBSCRIPTIONS 3671 9448 944679 1328442 2096169 2490538 2590863 63263 98887 27831 34880 46891 21387 93963 25504 240950 203617 1837837 2845751 6082824 7895671 20640 38089 79460 57029 100100 95118 X 5982724 7638370 0 162183 5982724 7800553 6082824 7895671 X 1088825 42148 686856 X X 0 1 X 1 0 0 0 0 137185 36563 36563 46643 -10080 46891 21387 25504 25504 ACCRUED INTEREST RECEIVABLE 25097 CASH VALUE LIFE INSURANCE 16376 RIGHT OF USE ASSET - OPERATING LEASE 54540 DUE FROM AFFILIATES 2749738 2845751 CURRENT LIABILITIES 2489 CURRENT PORTION OF LEASE LIABILITY 11014 LEASE LIABILITY 43526 57029 X 1680948 42148 524673 566821 1114127 919377 919377 2033504 944679 0 944679 0 944679 PART X, LINE 2: THE PARENT OPERATES AS A NON-PROFIT ORGANIZATION AND HAS RECEIVED EXEMPT STATUS UNDER CODE SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE SUBSIDIARIES UTILIZE THE CASH BASIS METHOD OF ACCOUNTING FOR INCOME TAX REPORTING PURPOSES AND THE ACCRUAL BASIS METHOD FOR FINANCIAL STATEMENT PURPOSES, WHICH GIVES RISE TO DEFERRED INCOME TAXES. DEFERRED INCOME TAXES (BENEFITS) ARE PROVIDED FOR IN THESE FINANCIAL STATEMENTS UTILIZING THE LIABILITY METHOD WHICH MEASURES DEFERRED TAX ASSETS AND LIABILITIES BASED ON TEMPORARY DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASIS. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. IN ACCORDANCE WITH ASU 2015-07, INCOME TAXES (TOPIC 740): BALANCE SHEET CLASSIFICATION OF DEFERRED TAXES, THE SUBSIDIARIES HAVE OFFSET THEIR DEFERRED INCOME TAX ASSETS AND LIABILITIES, WHEN APPLICABLE, AND PRESENTED THE NET DEFERRED INCOME TAX LIABILITY AS A LONG-TERM LIABILITY AS OF DECEMBER 31, 2023 AND 2022. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. THE PARENT AND SUBSIDIARIES EVALUATE ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2023 AND 2022, THE PARENT AND SUBSIDIARIES DO NOT BELIEVE THAT THEY HAVE TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITIES NOR DO THEY BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. THE PARENT AND SUBSIDIARIES FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF LOUISIANA. WITH FEW EXCEPTIONS, THE PARENT AND SUBSIDIARIES ARE NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2020 ANY INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES ARE NOT SIGNIFICANT AND ARE INCLUDED IN GENERAL AND ADMINISTRATIVE EXPENSES IN THESE FINANCIAL STATEMENTS AS APPLICABLE. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN UNDISTRIBUTED INCOME FROM SUBSIDIARIES 332,667. NET ASSETS RELEASED FROM RESTRICTIONS 192,006. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES DUE FROM AFFILIATES 919,377. 0 0 0 WILL H GREEN FORMER PRESIDENT 37500 135469 0 0 0 0 0 0 0 0 37500 135469 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS MUST BE ENGAGED IN THE BUSINESS OF RETAILING MOTOR VEHICLES, OR RELATED BUSINESS IN THE STATE OF LOUISIANA. MEMBERS HAVE VOTING RIGHTS UNLESS OTHERWISE PROVIDED FOR IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THIS CORPORATION SHALL BE ELECTED FROM DISTRICTS ESTABLISHED BY THE BOARD OF DIRECTORS OR AS OTHERWISES PROVIDED IN THE BYLAWS OF THIS CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND SIGNED BY THE PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: EQUITY IN UNDISTRIBUTED INCOME FROM SECURITIES 332,667. NET ASSETS RELEASED FROM RESTRICTIONS 192,006. CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS 162,183. PART XII, LINE 2C NO CHANGES MADE FROM PRIOR YEAR. SCHEDULE D, PART XI LINE 2D, RECONCILED TO SCHEDULE R, PART IV, BOX F: THE AUDITED FINANCIAL STATEMENTS INCLUDED EQUITY IN UNDISTRIBUTED INCOME FROM THE SUBSIDARIES OF $332,667. THIS IS REPORTED ON SCHEDULE D AS INCOME ON THE FINANCIAL STATEMENTS NOT INCLUDED ON 990. THIS REVENUE WAS THE ACCRUAL BASIS INCOME OF THE SUBSIDARIES INCLUDED IN THE AUDITED FINANCIALS STATEMENTS. SCHEDULE R, PART IV, BOX F REPORTS THE SHARE OF TOTAL INCOME FROM TWO RELATED ORGANIZATIONS OF $279,656. THE AMOUNTS REPORTED ON SCHEDULE R WERE REPORTED ON THE RELATED ORGANIZATIONS' FORM 1120, SCHEDULE M-1, LINE 1. THE TAX RETURNS FOR THOSE TWO ENTITIES WERE PREPARED ON CASH BASIS. THE DIFFERENCE OF $-53,011 IS THE CASH BASIS CONVERSION FROM THE AUDITED FINANCIAL STATEMENTS TO THE CASH BASIS INCOME TAX RETURNS OF THE RELATED ORGANIZATIONS. FORM 990 PAGE 1 BOX B THIS RETURN IS BEING AMENDED TO CORRECTLY REPORT ROYALTY INCOME AND SECTION 501(C)(6) REVENUE REPORTED ON AFFILIATE RETURNS FOR LADIT, INC. #72-1265745 AND LOUISIANA AUTOMOBILE DEALERS, INC. #72-0853851. THE TOTAL ADJUSTMENT FOR THE 2023 OF $919,377 IS BEING REPORTED ON PART VIII LINE 2D AND LINE 5. LOUISIANA AUTOMOBILE DEALERS POLITICAL ACTION COMMITTEE 7526 PICARDY AVENUE BATON ROUGE LA 70808 743052034 TO PROVIDE FINANCIAL SUPPORT FOR CANDIDATES FOR PUBLIC OFFICE. LA 527 N/A N/A 0 LADIT INC 7526 PICARDY AVENUE BATON ROUGE LA 70808 721265745 ADMINISTRATIVE LA LOUISIANA AUTOMOBILE DEALERS ASSOC INC C 167755 103887 1.00000 1 LOUISIANA AUTO DEALERS INC 7526 PICARDY AVENUE BATON ROUGE LA 70808 720853851 ENDORSE PRODUCTS LA LOUISIANA AUTOMOBILE DEALERS ASSOC INC C 111901 169242 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LOUISIANA AUTOMOBILE DEALERS INC A 21600 CASH PAID LADIT INC A 12240 CASH PAID