2024-08-26T00:18:54-05:00 2024-05-31 471019942 CREATIVE PLANNING TAX LLC 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2023-06-01 420329990 IOWA AUTOMOBILE DEALERS ASSOCIATION IOWA 5152261900 1111 OFFICE PARK ROAD WEST DES MOINES IA 502652507 BRUCE ANDERSON PRESIDENT 5152261900 2024-08-22 1 0 KATHRYN R ROTH CPA P01298804 5157275700 2024-08-14 2023 2024-08-08 14:25:15Z BRUCE ANDERSON 1111 OFFICE PARK ROAD WEST DES MOINES IA 502652507 2031739 0 X WWW.IADA.COM X 1919 IA PROMOTE & PROTECT THE GENERAL WELFARE & PROSPERITY OF FRANCHISED NEW MOTOR VEHICLE DEALERS IN IA. 13 13 15 17 0 0 17975 17200 516594 534302 98559 240333 449618 533590 1082746 1325425 0 0 0 0 835666 986063 0 0 0 309042 345796 1144708 1331859 -61962 -6434 7872774 9222453 2587650 2467539 5285124 6754914 PROMOTE AND PROTECT THE GENERAL WELFARE AND PROSPERITY OF FRANCHISED NEW MOTOR VEHICLE DEALERS IN IOWA. 0 0 ERT - THE ASSOCIATION PROVIDES TRAINING AND SUPPORT FOR IOWA DEALERSHIPS USING THE ETITLE PLATFORM FOR ELECTRONIC REGISTRATION AND TITLING, WHICH ALLOWS DEALERSHIPS TO COMPLETE THE TITLING AND REGISTRATION PROCESS MORE EFFICIENTLY. IN THE FISCAL YEAR ENDING MAY 31, 2024 OVER 166,000 TRANSACTIONS WERE PROCESSED ELECTRONICALLY BY 239 DEALERSHIPS. PUBLICATIONS - THE ASSOCIATION PRODUCES TWO PRINT PUBLICATIONS AND ONE ELECTRONIC PUBLICATION TO PROVIDE REGULATORY GUIDANCE AND BEST PRACTICE INFORMATION TO 366 MEMBER DEALERSHIPS. ADDITIONALLY, THE ASSOCIATION PRINTS AN ANNUAL MEMBER DIRECTORY. 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 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 1 1 0 1 2 0 1 15 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X BRAD BAKER 5152261900 1111 OFFICE PARK RD WEST DES MOINES IA 50265 BRUCE ANDERSON PRESIDENT 25.00 15.00 X X 212884 125027 44514 JOSH VANNESS CHAIRMAN, START APRIL 1.00 X X 0 0 0 JASON WILLIS VICE-CHAIRMAN, START APRIL 1.00 X X 0 0 0 JON MCCOY IMMEDIATE PAST CHAIRMAN, END APRIL 1.00 X X 0 0 0 DAVE WRIGHT IMMEDIATE PAST CHAIRMAN, START APRIL 1.00 X X 0 0 0 JIM O'HALLORAN TREASURER, END APRIL 1.00 X X 0 0 0 MATT BROWN TREASURER, START APRIL 1.00 X X 0 0 0 DANNY WILSON SECRETARY, START APRIL 1.00 X X 0 0 0 FRED GRASK DIRECTOR 1.00 X 0 0 0 DOUG DEYARMAN DIRECTOR 1.00 X 0 0 0 CAREY KEMNA DIRECTOR 1.00 X 0 0 0 LINDSAY MCGRATH DIRECTOR 1.00 X 0 0 0 TIM GODFREY DIRECTOR 1.00 X 0 0 0 JOE CLEMONS DIRECTOR 1.00 X 0 0 0 SCOTT POLITTE DIRECTOR 1.00 X 0 0 0 SCOTT MCMULLEN DIRECTOR, START APRIL 1.00 X 0 0 0 BRAD BAKER CFO 10.00 30.00 X 35805 107414 18298 GARY THOMAS FORMER PRESIDENT 1.00 X 225000 0 17943 473689 232441 80755 2 1 1 0 0 17200 17200 MEMBERSHIP DUES 900099 491569 491569 SPONSORSHIPS 900099 42733 42733 534302 155634 155634 528109 528109 791013 706314 84699 84699 84699 MISCELLANEOUS REVENUE 900099 5481 5481 5481 1325425 539783 0 768442 296552 245783 317577 17489 54603 54059 8625 51596 23960 13064 8838 54714 27857 96316 46769 53 DUES & MEMBERSHIP 10260 MEALS 3741 MISCELLANEOUS 3 1331859 6883 16858 23035 35151 268650 698838 1359147 1359147 8081 17730 5959607 6317074 -491728 22116 739099 755539 7872774 9222453 11920 8081 329795 319940 2245935 2139518 2587650 2467539 X 3660219 4828049 1624905 1926865 5285124 6754914 7872774 9222453 X -6434 854180 622044 X 0 1 X 1 0 0 0 1 491569 78596 903 79499 78651 848 0 CASH VALUE OF LIFE INSURANCE 755539 755539 DEFERRED COMPENSATION 2083251 DEPOSITS - ATAE REGION III 56267 2139518 X 1 1 X X X X 0 1 0 BRUCE ANDERSON PRESIDENT 212884 125027 0 0 0 0 10533 6186 17511 10284 240928 141497 0 0 GARY THOMAS FORMER PRESIDENT 0 0 0 0 225000 0 0 0 17943 0 242943 0 0 0 BRAD BAKER CFO 35805 107414 0 0 0 0 1807 5420 2768 8303 40380 121137 0 0 PART I, LINE 1A BRUCE ANDERSON RECEIVED THE FOLLOWING BENEFITS AS PART OF HIS EMPLOYMENT AGREEMENT WITH THE ASSOCIATION: CLUB MEMBERSHIP. THE BENEFITS ARE CONSIDERED BUSINESS EXPENSES OF THE ASSOCIATION AND WERE NOT TREATED AS TAXABLE COMPENSATION TO BRUCE ANDERSON. PART I, LINE 4B GARY THOMAS PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PROGRAM EFFECTIVE 1/1/2005 WHICH IS SUBJECT TO IRC SECTION 409(A). FORM 990, PART VI, SECTION A, LINE 6 THE IOWA AUTOMOBILE DEALERS ASSOCIATION HAS MEMBERS WHICH ARE DUES-PAYING, FRANCHISED AUTOMOBILE DEALERS LICENSED IN THE STATE OF IOWA. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS, CONSISTING OF DUES-PAYING, FRANCHISED AUTOMOBILE DEALERS LICENSED IN THE STATE OF IOWA ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B EACH REGULAR MEMBER SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL NOT LESS THAN 7 DAYS BEFORE THE FILING OF THE FORM. THIS REVIEW INCLUDES AN OVERVIEW OF THE FORM AND DISCUSSIONS RELATED TO KEY SECTIONS. AFFIRMATIVE RESPONSES OF A MAJORITY OF THE BOARD IS REQUIRED PRIOR TO FILING AND ANY MEMBER OF THE BOARD OF DIRECTORS MAY CALL A MEETING OF THE FULL BOARD REGARDING THE FORM 990 REVIEW AND APPROVAL. THE BOARD OF DIRECTORS HAS THE AUTHORITY TO OVERSEE THE COMPLETION AND FILING OF THE FORM 990. COPIES OF THE FINAL FORM 990 ARE MADE AVAILABLE TO ALL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ALL PERSONS COVERED BY IOWA AUTOMOBILE DEALERS ASSOCIATION CONFLICT OF INTEREST POLICY SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT HE OR SHE HAS (A) RECEIVED A COPY OF THE POLICY, (B) READ AND UNDERSTOOD THE POLICY, AND (C) AGREED TO COMPLY WITH THE POLICY. THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF DIRECTORS, OFFICERS AND EMPLOYEES AND NEW DIRECTORS, OFFICERS AND EMPLOYEES SHALL BE ADVISED OF THE POLICY. THE IADA ENTITIES WILL CONDUCT PERIODIC REVIEWS OF THEIR ACTIVITIES, INCLUDING ANY TRANSACTIONS WITH INTERESTED PARTIES, TO ENSURE THAT THEIR ACTIVITIES IN THE AGGREGATE PROMOTE AND FURTHER THEIR RESPECTIVE PURPOSE. FORM 990, PART VI, SECTION B, LINE 15A AN ANNUAL INDEPENDENT REVIEW IS CONDUCTED BY THE BOARD'S EXECUTIVE COMMITTEE, WHICH FOLLOWS THE REQUIREMENTS SET FORTH IN THE IRS REBUTTABLE PRESUMPTION OF REASONABLENESS IN DETERMINING COMPENSATION FOR THE PRESIDENT. IN ADDITION, THE EXECUTIVE COMMITTEE UTILIZES SURVEYS AND STUDIES FROM ASAE (AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES) AND ATAE (AUTOMOTIVE TRADE ASSOCIATION EXECUTIVES), ISAE (IOWA SOCIETY OF ASSOCIATION EXECUTIVES) TO SERVE AS BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN IADA SERVICES, INC. INVESTMENT 515,044. DEFERRED COMPENSATION ADJUSTMENT 107,000. IADA SERVICES INC 1111 OFFICE PARK ROAD WEST DES MOINES IA 50265 420777007 SALES IA IOWA AUTOMOBILE DEALERS ASSOCIATION C 1531869 2392772 1.00000 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 IADA SERVICES INC O 727084 FMV IADA SERVICES INC P 750069 FMV IADA SERVICES INC Q 1124463 FMV IADA SERVICES INC D 1359147 FMV