2025-03-10T20:18:10-05:00 2024-05-31 350921680 CROWE LLP 5810 TENNYSON PARKWAY SUITE 450 PLANO TX 750244112 990 2023-06-01 591094645 SOUTH FLORIDA AUTOMOBILE DEALERS ASSOCIATION INC SOUT 3059475950 625 NE 124TH STREET NORTH MIAMI FL 33161 DEBRA KOEBEL PRESIDENT/CONTROLLER 3059475950 2025-03-07 1 1 AMY BELLANCA P01572961 2147775200 2025-03-07 2023 2025-03-06 01:10:19Z DEBRA KOEBEL 625 NE 124TH STREET NORTH MIAMI FL 33161 2446001 0 X MIAMIAUTOSHOWS.COM X 1933 FL TO ENCOURAGE AND PROMOTE TRADE AND COMMERCE IN THE SOUTH FLORIDA AUTOMOBILE INDUSTRY. 10 10 0 10 0 0 0 0 2802379 2363070 22896 34313 0 0 2825275 2397383 60544 14400 0 0 105057 112344 0 0 0 2518205 2058341 2683806 2185085 141469 212298 11430189 12770863 399405 152172 11030784 12618691 X THE SOUTH FLORIDA AUTO DEALERS ASSOCIATION, INC. IS AN ASSOCIATION OF AUTO DEALERS IN THE SOUTH FLORIDA AREA. THE PURPOSE OF THE ASSOCIATION IS TO ENCOURAGE AND PROMOTE TRADE AND COMMERCE IN THE AUTOMOBILE INDUSTRY BY PROVIDING ITS MEMBERS THE OPPORTUNITY TO EXCHANGE VIEWS. 0 1 THE SOUTH FLORIDA AUTO DEALERS ASSOCIATION (SFADA) ORGANIZES AND HOSTS THE MIAMI INTERNATIONAL AUTO SHOW WHICH IS HELD ANNUALLY. IT IS ONE OF THE LARGEST AUTO SHOWS IN FLORIDA AND SPOTLIGHTS MORE THAN 1,000 OF THE INDUSTRY'S LATEST VEHICLES FOR THE UPCOMING YEAR. POPULAR EXHIBITS INCLUDE AUTO SHOW MALL, MOTORCYCLE MALL, MEMORY LANE AND MILLION DOLLAR ALLEY FEATURING ASTON-MARTIN, BENTLEY, FERRARI, LAMBORGHINI, LOTUS, MASERATI AND ROLLS-ROYCE. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 X DEBRA KOEBEL 3059475950 625 NE 124TH STREET NORTH MIAMI FL 33161 JOSH LEVY CHAIRMAN 1.00 1.00 X X 0 0 0 JENNIFER SEIDLE SEC./TREAS. (THRU 12/2023), DIRECTOR 1.00 1.00 X X 0 0 0 JONATHAN CHARIFF LEGISLATIVE CHAIRMAN 1.00 2.00 X X 0 0 0 ARI WILDSTEIN PAST CHAIRMAN 1.00 2.00 X X 0 0 0 FAISAL AHMED DIRECTOR 1.00 1.00 X 0 0 0 ERIK DAY DIRECTOR 1.00 1.00 X 0 0 0 JUSTIN DASH DIRECTOR 1.00 1.00 X 0 0 0 BRETT DAVID DIRECTOR 1.00 1.00 X 0 0 0 LUIS SOMOANO DIRECTOR 1.00 1.00 X 0 0 0 VICTOR BENITEZ DIRECTOR 1.00 1.00 X 0 0 0 DEBRA KOEBEL PRESIDENT 30.00 10.00 X 86296 279668 86023 86296 279668 86023 0 0 1 0 0 AUTO SHOW REVENUE 900099 2309757 2309757 MEMBERSHIP DUES 900099 53313 53313 2363070 56931 56931 26000 48618 -22618 -22618 -22618 2397383 2363070 0 34313 X 14400 112344 40435 28331 9121 374172 394628 213519 6188 360520 8417 3160 AUTO SHOW EXPENSE 399407 REIMBURSEMENTS 198908 VEHICLE EXPENSE 13308 DUES & SUBSCRIPTIONS 5222 3005 2185085 959791 1057027 1089843 838321 47543 43020 94487 267584 178581 135141 54602 43440 9081281 10456890 102642 64581 11430189 12770863 369717 113297 29688 38875 399405 152172 X 11030784 12618691 11030784 12618691 11430189 12770863 X 212298 1375609 X 1 X 0 1 0 1 0 1 53313 9121 9121 53313 -44192 178581 135141 43440 43440 10456890 F 10456890 X PART X, LINE 2: THE ASSOCIATION IS AN ORGANIZATION EXEMPT FROM INCOME TAXES DUE TO ITS NOT-FOR-PROFIT STATUS. THE AGENCY IS A TAXABLE ENTITY AND RECORDS INCOME TAX EXPENSE BASED ON THE AMOUNT OF TAXES DUE ON ITS TAX RETURN PLUS DEFERRED TAXES COMPUTED BASED ON THE EXPECTED FUTURE TAX CONSEQUENCES OF TEMPORARY DIFFERENCES BETWEEN THE CARRYING AMOUNT AND TAX BASES OF ASSETS AND LIABILITIES, USING ENACTED TAX RATES. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. THE COMPANY RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND INCOME TAX EXPENSES, RESPECTIVELY. THE COMPANY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF MAY 31, 2024 AND 2023. THE COMPANY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR FISCAL YEARS BEFORE JUNE 1, 2021. THE COMPANY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. 1 ANTIQUE AUTOMOBILE CLUB OF AMERICA 13500 SW 134TH AVENUE SUITE A1 MIAMI FL 33186 236025679 501(C)(3 10000 0 GENERAL PURPOSE 1 0 PART I, LINE 2: TO PROMOTE THE ORGANIZATION'S PROGRAM SERVICES. 0 0 0 DEBRA KOEBEL PRESIDENT 86296 86296 0 193372 0 0 33665 0 26179 26179 146140 305847 0 0 PART I, LINE 3 THE PRESIDENT OF SOUTH FLORIDA AUTOMOBILE DEALERS ASSOCIATION IS PAID BY SFADA TAG AGENCY, INC. (A RELATED ORGANIZATION). THE TAG AGENCY'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE PRESIDENT. THE EXECUTIVE COMMITTEE APPOINTS A COMPENSATION CHAIR FROM THE EXECUTIVE COMMITTEE WHO THEN LIAISES WITH THE LEGAL DEPARTMENT TO DRAFT AND REVISE THE PRESIDENT'S CONTRACT AS NECESSARY. FORM 990, PART III, LINE 3 THE 2024 FORT LAUDERDALE INTERNATIONAL AUTO SHOW WAS NOT HELD AND HAS BEEN POSTPONED INDEFINITELY. AS A RESULT, THE ASSOCIATION DID NOT RECOGNIZE ANY INCOME NOR INCUR ANY EXPENSE RELATED TO THE FORT LAUDERDALE INTERNATIONAL AUTO SHOW FOR THE YEAR ENDED MAY 31, 2024. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIRMAN, CHAIRMAN-ELECT, IMMEDIATE PAST CHAIRMAN AND SECRETARY-TREASURER OF THE ASSOCIATION. BETWEEN SESSIONS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS AND DUTIES OF THE BOARD EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE POWER TO MAKE OR AMEND THE BY-LAWS OR THE ARTICLES OF INCORPORATION OR REMOVE OR APPOINT OFFICERS. THE EXECUTIVE COMMITTEE SHALL AT ALL TIMES BE SUBJECT TO ANY LIMITATIONS WHICH MAY BE IMPOSED UPON ITS OPERATIONS BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET BETWEEN REGULAR BOARD MEETINGS AS THE AFFAIRS OF THE ASSOCIATION MAY REQUIRE. THE CHAIRMAN MAY CALL A MEETING OF THE EXECUTIVE COMMITTEE AT ANY TIME. THE EXECUTIVE COMMITTEE MAY ACT BY TELEPHONE OR EMAIL CONFIRMATION AND WITHOUT A FORMAL MEETING, BUT IN ALL SUCH CASES THE CONCURRENCE OF A MAJORITY OF ALL MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY FOR ITS ACTS TO BE VALID AND THE CONCURRENCE SHALL BE RECORDED BY THE CHAIRMAN OR PRESIDENT NOT LATER THAN TEN DAYS AFTER THE OCCURRENCE. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF ITS BUSINESS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF SFADA ARE NEW CAR DEALERS IN SOUTH FLORIDA. MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY BUT ONLY THE GOVERNING BODY APPROVES SIGNIFICANT DECISIONS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF SFADA HAVE THE RIGHT TO ELECT MEMBERS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS OF THE CORPORATION MAY BE ALTERED, AMENDED OR REPEALED BY A VOTE OF A TWO-THIRDS MAJORITY OF THE MEMBERS OF THE ASSOCIATION AT ANY REGULAR MEETING, SPECIAL MEETING OF THE ASSOCIATION, OR BY DULY EXECUTED AND TIMELY SUBMITTED PROXY, PROVIDED THAT WRITTEN NOTICE OF INTENTION TO AMEND, ALTER OR REPEAL THE BY-LAWS IN WHOLE OR IN PART SHALL HAVE BEEN SENT TO EACH ASSOCIATION MEMBER WITHIN FIFTEEN DAYS PRIOR TO THE MEETING SET FOR DISCUSSION THEREOF AND FOR VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS REVIEWED BY THE ORGANIZATION'S CONTROLLER AND PRESIDENT PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 15A: THE COMPENSATION OF THE PRESIDENT IS PAID BY A RELATED ORGANIZATION, SOUTH FLORIDA AUTOMOBILE DEALERS ASSOCIATION TAG AGENCY, INC. THE FORM 990 INSTRUCTIONS INDICATE WHEN COMPENSATION IS NOT PAID BY THE FILING ORGANIZATION, THIS QUESTION SHOULD BE ANSWERED "NO". FORM 990, PART VI, SECTION B, LINE 15B: THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION THAT RECEIVE COMPENSATION. THE FORM 990 INSTRUCTIONS INDICATE WHEN COMPENSATION IS NOT PAID BY THE FILING ORGANIZATION, THIS QUESTION SHOULD BE ANSWERED "NO". FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART IX, LINE 11G DECORATOR FEES 320,112. PERSONNEL FEES 54,060. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF EQUITY IN SUBSIDIARIES 1,375,609. 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