MINNESOTA AUTOMOBILE DEALERS ASSOCIATION

EIN: 410416650

WEST ST PAUL, MN

Total Revenue
$998,881
Total Expenses
$849,557
Total Assets
$3,311,549
Net Assets
$2,695,526
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
MN
Principal Officer
SCOTT LAMBERT
Phone
6512912400
Tax Period
2023-09-01 to 2024-08-31

MINNESOTA AUTOMOBILE DEALERS ASSOCIATION, founded in 1945, is a small nonprofit that reported $999K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $850K left a modest 15% surplus.

Mission

MINNESOTA AUTOMOBILE DEALERS ASSOCIATION (MADA) PROMOTES THE INTEREST OF AUTOMOBILE DEALERS THROUGHOUT THE STATE OF MINNESOTA AND PROVIDES THOSE DEALERS WITH VARIOUS SERVICES, SUCH AS GOVERNMENTAL RELATIONS, LEGAL REPRESENTATION AND OTHER PROGRAMS.

Program Service Accomplishments

Program 1

LOBBYING - MADA WORKS WITH STATE AND FEDERAL LEGISLATURES AND REGULATORS TO ADVOCATE ON THE DEALERS' BEHALF.

Program 2

LEGAL - MADA HAS IN-HOUSE COUNSEL TO INTERPRET LAWS AND REGULATIONS PERTINENT TO THE DEALERS' CONCERNS.

Program 3

INFORMATION - MADA WORKS TO DISPENSE INFORMATION NECESSARY TO THE DEALERS' BUSINESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $74,000
Program Service Revenue $735,420
Investment Income $23,068
Other Revenue $166,393
TOTAL REVENUE $998,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $849,557
TOTAL EXPENSES $849,557

Year-over-Year Comparison

2023 2022 Change
Revenue $998,881 $907,396 +0.1%
Expenses $849,557 $929,224 -0.1%
Net Income $149,324 $-21,828 -7.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
15
Employees
30
Volunteers
15

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$330,237
Total Directors
16
$330,237
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT LAMBERT PRESIDENT 1.00
Officer Director
$79,558 $23,487 $330,237
CHAD MURPHY CHAIR 1.00
Officer Director
$0 $0 $0
TOM LEONARD IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
GARY THIBERT PAST CHAIR 1.00
Officer Director
$0 $0 $0
DON DAVIDSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROB GREGORY TREASURER 1.00
Officer Director
$0 $0 $0
PATRICK FRANCIS SECRETARY 1.00
Officer Director
$0 $0 $0
STEVE WHITAKER DIRECTOR 1.00
Director
$0 $0 $0
TIM CARTER DIRECTOR 1.00
Director
$0 $0 $0
KERRY WASCHIKE COLLIE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTY GILLELAND DIRECTOR 1.00
Director
$0 $0 $0
ANDY HATLESTAD DIRECTOR 1.00
Director
$0 $0 $0
TOM HAWKINS DIRECTOR 1.00
Director
$0 $0 $0
CHET LOCKWOOD DIRECTOR 1.00
Director
$0 $0 $0
PAT SUTTER DIRECTOR 1.00
Director
$0 $0 $0
PAUL WALSER DIRECTOR 1.00
Director
$0 $0 $0
LOUIS IACONA JR SALES MANAGER 1.00
Highest
$0 $18,170 $210,565
MARY VELINE VP OF OPERATIONS 1.00
Highest
$37,555 $24,115 $206,906
AMBER BACKHAUS VP OF PUBLIC AFFAIRS 1.00
Highest
$48,012 $9,084 $136,018
DAN LOUISMET GENERAL COUNSEL 1.00
Highest
$0 $17,816 $213,215
MATTHEW FOLKSA DIRECTOR OF SERVICES 1.00
Highest
$0 $12,434 $131,764
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $998,881 $849,557 $3,311,549 $149,324
2023 $907,396 $929,224 $2,916,389 $-21,828
2022 $1,854,684 $2,120,953 $2,968,407 $-266,269
2021 $2,214,348 $1,930,151 $3,408,633 $284,197
2020 $1,665,549 $1,838,403 $2,616,887 $-172,854
2019 $1,568,397 $1,789,900 $2,742,420 $-221,503
2018 $1,721,767 $2,018,243 $2,640,439 $-296,476
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