2024-11-15T08:53:09-06:00 2023-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2023-01-01 271162133 MARYLAND AUTOMOBILE DEALERS ASSOCIATION FOUNDATION INC MARY 3012611717 7 STATE CIRCLE 301 ANNAPOLIS MD 214011904 J PETER KITZMILLER PRESIDENT 8778295500 2024-11-11 1 0 DANIEL L WEAVER P01249346 3019860600 2024-11-11 2023 2024-10-15 13:58:12Z J PETER KITZMILLER 7 STATE CIRCLE 301 ANNAPOLIS MD 214011904 277015 0 X N/A X 2010 MD TO SPONSOR AND FUND EDUCATION AND SAFETY PROGRAMS AIMED AT PROMOTING THE VALUE OF THE NEW RETAIL AUTOMOBILE INDUSTRY. 14 12 0 12 0 0 3055 652 0 0 19949 62114 0 0 23004 62766 13867 2500 0 0 0 0 0 0 0 14320 17482 28187 19982 -5183 42784 548412 626237 0 0 548412 626237 MADAF'S MISSION IS TO PROVIDE EDUCATIONAL BENEFITS TO THOSE WISHING CAREER OPPORTUNITIES IN THE MARYLAND AUTOMOBILE INDUSTRY. 0 0 9336 2500 0 EDUCATION AND SAFETY - THE FOUNDATION IS DEDICATED TO SPONSORING AND FUNDING EDUCATION AND SAFETY PROGRAMS AIMED AT PROMOTING THE VALUE OF THE NEW RETAIL AUTOMOBILE INDUSTRY. 9336 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X THE FOUNDATION 3012611717 7 STATE CIRCLE SUITE 301 ANNAPOLIS MD 21401 ETHEL BIENSACH SECRETARY/TREASURER 1.00 39.00 X X 0 103205 11214 J PETER KITZMILLER PRESIDENT 1.00 39.00 X X 0 338419 77888 SAM WEAVER SR CHAIRMAN 1.00 X X 0 0 0 CONRAD ASCHENBACH TRUSTEE 1.00 X 0 0 0 JP BISHOP TRUSTEE 1.00 X 0 0 0 CHUCK BOYLE TRUSTEE 1.00 X 0 0 0 MARY HOWES TRUSTEE 1.00 X 0 0 0 JOHN MILLER TRUSTEE 1.00 X 0 0 0 PAUL RITCHIE TRUSTEE 1.00 X 0 0 0 MARISA SHOCKLEY TRUSTEE 1.00 X 0 0 0 SHELLY SUDDITH TRUSTEE 1.00 X 0 0 0 VINCE TRASATTI SR TRUSTEE 1.00 X 0 0 0 TOM WALLS TRUSTEE 1.00 X 0 0 0 DAVID WILLIAMS TRUSTEE 1.00 X 0 0 0 0 441624 89102 0 0 1 0 0 652 652 15623 15623 260740 214249 46491 46491 46491 62766 0 0 62114 2500 2500 13672 6836 6836 1920 1920 MISCELLANEOUS EXPENSE 1890 1890 19982 9336 10646 0 4063 6652 544349 619585 548412 626237 0 0 X 548412 626237 548412 626237 548412 626237 42784 35041 0 X 0 1 X 0 0 X 23689 272 1806 3055 652 29474 23689 272 1806 3055 652 29474 3720 25754 14767 17019 10687 19949 15623 78045 107519 24200 0.23950 X 0.41330 0.48210 MADAF QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF SEC. 1.170A-9(F)(3) OF THE TREASURY REGULATIONS. MADAF 'S SUPPORT, AS REPORTED FOR 2023, IS 23.95%, THEREBY MEETING THE REQUIREMENT OF SEC. 1.170A-9(F)(3). MADAF SPONSORS AND FUNDS EDUCATION AND SAFETY PROGRAMS AIMED AT PROMOTING THE VALUE OF THE NEW RETAIL AUTOMOBILE INDUSTRY. THE BOARD OF MADAF IS AWARE OF THE PUBLIC SUPPORT REQUIREMENT TO MAINTAIN MADAF'S STATUS AS A PUBLIC CHARITY. MADAF IS WORKING ON DEVELOPING SUPPORT FROM SMALL DONORS. 0 X 95887 35041 35041 60846 1920 1920 62766 18062 0 18062 1920 1920 19982 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS RELATED TO UNCERTAIN TAX POSITIONS IDENTIFIED OR RECORDED AS LIABILITIES AT DECEMBER 31, 2023. THE FOUNDATION'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING 2023. 0 0 0 0 0 0 0 0 0 J PETER KITZMILLER PRESIDENT 0 336919 0 1500 0 0 0 50495 0 27393 0 416307 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUR INDEPENDENT AUDITING FIRM. THE DIRECTOR OF OPERATIONS REVIEWED THE FORM 990 ALONG WITH THE PRESIDENT PRIOR TO FILING WITH THE IRS. MEMBERS OF THE BOARD OF DIRECTORS WERE PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE SURVEYED AT THEIR MEETINGS TO DETERMINE IF ANY CONFLICTS OF INTEREST HAVE ARISEN SINCE THE LAST MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON VERBAL OR WRITTEN REQUEST. MARYLAND AUTO DEALERS ASSOCIATION 7 STATE CIRCLE SUITE 301 ANNAPOLIS MD 21401 530233050 SUPPORT AUTOMOBILE DEALERS IN STATE OF MARYLAND MD 501(C)(6) N/A 0 MARYLAND AUTO DEALERS SERVICES 7 STATE CIRCLE SUITE 301 ANNAPOLIS MD 21401 520737011 MANAGERIAL SERVICES MD N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 MARYLAND AUTO DEALERS SERVICES N