OKLAHOMA AUTOMOBILE DEALERS ASSOCIATION

EIN: 730592975

Oklahoma City, OK

Total Revenue
$1,334,847
Total Expenses
$997,959
Total Assets
$3,532,643
Net Assets
$2,612,403
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
OK
Principal Officer
PETER L HODGES
Phone
4055211295
Tax Period
2024-01-01 to 2024-12-31

OKLAHOMA AUTOMOBILE DEALERS ASSOCIATION, founded in 1914, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $337K, a strong 25% operating margin.

Mission

PROMOTE OKLAHOMA NEW AUTO DEALERSHIPS

Program Service Accomplishments

Program 1

The Association promotes the new and used auto dealers during the year by holding auto shows, producing newsletters, and holding educational seminars. The Association had 144 new auto dealer members.

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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 (2024)

Revenue Breakdown

Contributions & Grants $287,299
Program Service Revenue $173,367
Investment Income $306,947
Other Revenue $567,234
TOTAL REVENUE $1,334,847

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $338,845
Fundraising Expenses $22,213
Other Expenses $654,114
TOTAL EXPENSES $997,959

Year-over-Year Comparison

2024 2023 Change
Revenue $1,334,847 $1,670,953 -0.2%
Expenses $997,959 $857,846 +0.2%
Net Income $336,888 $813,107 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
144
Independent Members
144
Employees
N/A
Volunteers
7

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
1
$207,360
Total Directors
5
$0
Key Employees
1
$207,360
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER HODGES PRESIDENT 40.00
Officer Key Emp Highest
$207,360 $0 $207,360
KEVIN GROVER IMMEDIATE PAST CHAIRMAN 1.00
Director
$0 $0 $0
ROB SMITH FIRST VICE CHAIRMAN & TREASURER 1.00
Director
$0 $0 $0
LARRY BATTISON CHAIRMAN 1.00
Director
$0 $0 $0
JOHN HOLT SECOND VICE CHAIRMAN/TREASURER 1.00
Director
$0 $0 $0
TOM BLOOMFIELD NADA DIRECTOR 1.00
Director
$0 $0 $0
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
2024 $1,334,847 $997,959 $3,532,643 $336,888
2023 $1,670,953 $857,846 $3,261,480 $813,107
2022 $584,999 $587,705 $2,224,715 $-2,706
2021 $456,929 $469,413 $2,342,273 $-12,484
2020 $425,262 $830,302 $2,181,650 $-405,040
2019 $999,439 $1,830,820 $2,746,730 $-831,381
2018 $1,892,003 $1,895,778 $2,754,194 $-3,775
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