2025-09-17T12:21:01+00:00 2025-05-31 440160260 Forvis Mazars LLP 1401 50th Street Suite 350 West Des Moines IA 502665935 990 2024-06-01 420329990 Iowa Automobile Dealers Association IOWA 5152261900 1111 Office Park Rd West Des Moines IA 502652507 Bruce Anderson President 5154407630 2025-09-17 true true Kristin Tynon P01063388 5152230159 2025-10-15 2024 2025-03-06 01:10:19Z Bruce Anderson 1111 Office Park Rd West Des Moines IA 502652507 1999865 false X www.IADA.com X 1919 IA Promote & protect the general welfare & prosperity of franchised new motor vehicle dealers in Iowa. 13 13 13 17 14700 0 17200 15600 534302 586200 240333 270053 533590 648075 1325425 1519928 0 0 0 0 986063 1028330 0 0 0 345796 412237 1331859 1440567 -6434 79361 9222453 10077749 2467539 2483067 6754914 7594682 PROMOTE AND PROTECT THE GENERAL WELFARE AND PROSPERITY OF FRANCHISED NEW MOTOR VEHICLE DEALERS IN IOWA. false false PUBLICATIONS - THE ASSOCIATION PRODUCES TWO PRINT PUBLICATIONS AND ONE ELECTRONIC PUBLICATION TO PROVIDE REGULATORY GUIDANCE AND BEST PRACTICE INFORMATION TO 364 MEMBER DEALERSHIPS. ADDITIONALLY, THE ASSOCIATION PRINTS AN ANNUAL MEMBER DIRECTORY. 0 false false false false true false false false false false false false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true true false false true X 7 0 true 13 true true true false false false false false false false X 13 13 false false false false true true true true true false false false true true true true true true true false false false X BRAD BAKER 5152261900 1111 Office Park Rd West Des Moines IA 50265 DANNY WILSON SECRETARY 1.0 0.0 X X 0 0 0 DAVE WRIGHT IMMEDIATE PAST CHAIRMAN 1.0 0.0 X X 0 0 0 JASON WILLIS VICE-CHAIRMAN 1.0 0.0 X X 0 0 0 JOSH VANNESS CHAIRMAN 1.0 0.0 X X 0 0 0 MATT BROWN TREASURER, ENDED APRIL 2025 1.0 0.0 X X 0 0 0 BEN KNOEPFLER DIRECTOR, BEGAN APRIL 2025 1.0 0.0 X 0 0 0 CAREY KEMNA DIRECTOR 1.0 0.0 X 0 0 0 DOUG DEYARMAN DIRECTOR 1.0 0.0 X 0 0 0 FRED GRASK DIRECTOR 1.0 0.0 X 0 0 0 JOE CLEMONS DIRECTOR 1.0 0.0 X 0 0 0 LINDSAY MCGRATH DIRECTOR 1.0 0.0 X 0 0 0 SCOTT MCMULLEN DIRECTOR 1.0 0.0 X 0 0 0 SCOTT POLITTE DIRECTOR 1.0 0.0 X 0 0 0 TIM GODFREY DIRECTOR 1.0 0.0 X 0 0 0 BRAD BAKER CFO 13.0 27.0 X 50394 107582 19514 BRUCE ANDERSON PRESIDENT 28.0 12.0 X 259859 109784 45813 GARY THOMAS FORMER PRESIDENT 1.0 0.0 X 225000 0 25125 535253 217366 90452 0 true true false 0 15600 15600 MEMBERSHIP DUES 900099 519233 519233 SPONSERSHIPS 900099 52267 52267 Advertising Revenue 511190 14700 14700 0 0 0 0 586200 172356 172356 643947 643947 0 0 577634 479937 97697 0 97697 97697 0 Miscellaneous Revenue 900099 4128 4128 0 0 0 0 4128 1519928 575628 14700 914000 366471 250004 320824 24015 7406 59610 5168 14525 51596 25301 0 7012 24052 63766 70047 67504 45982 14504 PUBLICATION EXPENSES 11493 DUES & MEMBERSHIP 11180 MISCELLANEOUS 55 MEALS 52 0 1440567 16858 99172 35151 167176 698838 574438 0 0 0 0 1359147 1359147 17730 12041 0 0 0 0 6317074 6674026 22116 435917 0 755539 755832 9222453 10077749 8081 10730 319940 376899 0 0 2139518 2095438 2467539 2483067 X 4828049 5473315 1926865 2121367 6754914 7594682 9222453 10077749 X 79361 346605 413802 X false true true false false false true 519233 80246 848 81094 83077 -1983 0 CASH VALUE OF LIFE INSURANCE 755832 755832 Federal Income Taxes DEFERRED COMPENSATION 2048253 DEPOSITS-ATAE REGION III 47185 2095438 X X true true X X X X false true false GARY THOMAS FORMER PRESIDENT 0 0 0 0 225000 0 0 0 25125 0 250125 0 0 0 BRAD BAKER CFO 50394 107582 0 0 0 0 2542 5424 3684 7864 56620 120870 0 0 BRUCE ANDERSON PRESIDENT 259859 109784 0 0 0 0 12516 5288 19690 8319 292065 123391 0 0 Schedule J, Part I, Line 1a Travel for companions IADA paid for airline tickets for President Bruce Anderson's wife. The benefit was considered a business expense of the Association and was not treated as taxable compensation. Schedule J, Part I, Line 1a Health or social club dues or initiation fees BRUCE ANDERSON RECEIVED CLUB MEMBERSHIPS AS A PART OF HIS EMPLOYMENT AGREEMENT WITH THE ASSOCIATION. THE BENEFITS ARE CONSIDERED BUSINESS EXPENSES OF THE ASSOCIATION AND WERE NOT TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan 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 V, Line 2a NUMBER OF EMPLOYEES REPORTED ON W-3 IADA Services, Inc. files Forms W-2, W-3 and required federal employment tax returns on behalf of Iowa Automobile Dealers Association. Compensation reported in Part VII, Section A, Column D is the allocation of reportable compensation to this organization from IADA Services, Inc. Form 990, Part VI, Line 6 Classes of members or stockholders THE IOWA AUTOMOBILE DEALERS ASSOCIATION HAS MEMBERS WHICH ARE DUES-PAYING, FRANCHISED AUTOMOBILE DEALERS LICENSED IN THE STATE OF IOWA. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body 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, Line 7b Decisions requiring approval by members or stockholders EACH REGULAR MEMBER SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official 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, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN IADA SERVICES, INC. INVESTMENT - 413802; IADA SERVICES INC - 1111 Office Park Rd West Des Moines IA 50265 420777007 SALES IA IOWA AUTOMOBILE DEALERS C Corporation 1752942 2651892 true false false false true false false false false false false true false false false true true true true true IADA SERVICES INC O 800108 FMV IADA SERVICES INC P 198948 FMV IADA SERVICE INC R 885000 FMV IADA SERVICES INC D 1359147 FMV