2025-10-01T15:38:48-07:00 2024-12-31 990 2024-01-01 814337717 AMERICAS AUTOMOTIVE TRUST AMER 2537798490 2702 East D Street Tacoma WA 98421 Christina Hannan VP of Finance 2537798490 2025-10-01 1 2024 2025-03-06 01:10:19Z Christina Hannan 2702 East D Street Tacoma WA 98421 3886460 0 X www.aat.org X 2016 WA To secure America's automotive heritage through the support of cultural institutions displaying the history and cultural significance of the automobile; supporting educational and scholarship programs to ensure the skill sets necessary to perpetuate the maintenance and restoration of historic automobiles; establishing a system for recognition of historically significant automobiles; and providing active programs to encourage utilization of historic automobiles and engage the communities that support them. 39 37 0 37 0 0 2896708 3360328 132886 161280 0 2632 -77046 23740 2952548 3547980 391832 25000 0 0 1613168 781823 0 0 571936 1811945 812653 3816945 1619476 -864397 1928504 940832 2241690 2981000 2360454 -2040168 -118764 America's Automotive Trust is a not-for-profit corporation committed to promoting and securing America's automotive heritage. 0 0 64536 0 160280 America's Automotive Trust creates an active, involved and social environment for car enthusiasts. Events and programs are held several times a year on a local and national level to educate and entertain the community. 1572 0 1000 National Strategic Initiative: A focused effort to expand America's Automotive Trust's national footprint. Both The Drive Home, a caravan of cars driving from one point in the United States to Detroit, Michigan, and the Apex dinner in Detroit are held each year to showcase AAT's mission and cultivate car enthusiast beyond the west coast. There was no Drive Home held in 2024. 179351 0 0 Marketing: Activities include securing appropriate funding to support and promote non-profit entities that meet America's Automotive Trust's mission and providing educational information about the development of the automobile and its impact upon American culture. 0 0 0 245459 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 31 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 39 37 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Sandy Colt 2536833948 2702 East D Street Tacoma WA 98421 David L Madeira Vice Chair & CEO,AAT 39.4 0.60 X X 338750 0 26972 Sandy Colt Controller 20 20 X 135178 0 17130 Gary Yamamoto VP of Finance (left July 2024) 10 30 X X 0 126509 16712 Chery Phillips HR Director 20 20 X 119053 0 10231 Rob Reed Facilities Manager 0 40 X 0 104088 15517 Nick Ellis Exec Director, RPM 0.50 39.50 X X 0 100452 15488 B Corry McFarland Past Chairman (Emeritus) 0.50 0.65 X X 0 0 0 William Weyerhaeuser Vice Chair 0.50 0.65 X X 0 0 0 Sam Baker Jr Secretary 0.50 0.65 X X 0 0 0 T G Mittler Board Member 0.50 0.65 X 0 0 0 Dale Bloomquist Board Member 0.50 0.50 X 0 0 0 Steve Boone Board Member (Emeritus) 0.50 0.50 X 0 0 0 Nicola Bulgari Board Member (Emeritus) 0.50 0.50 X 0 0 0 Trevor Cobb Treasurer 0.5 1.15 X X 0 0 0 Alan Granberg Board Member 0.50 0.65 X 0 0 0 Nancy LeMay Board Member (Emeritus) 0.50 0.50 X 0 0 0 James Gary May Board Member 0.5 0.65 X 0 0 0 McKeel Hagerty Board Member 0.5 0.50 X 0 0 0 Michael Towers Chairman 0.50 0.65 X X 0 0 0 James Will Board Member (Emeritus) 0.50 0.50 X 0 0 0 Gerald Greenfield Board Member 0.50 0.65 X 0 0 0 John Barline Board Member (Emeritus) 0.50 0.65 X 0 0 0 Doug LeMay Board Member (Emeritus) 0.50 0.50 X 0 0 0 Manfred Scharmach Board Member 0.50 0.50 X 0 0 0 Rod Alberts Board Member 0.50 0.50 X 0 0 0 Frank Chang Board Member 0.50 0.50 X 0 0 0 Michael Holmes Board Member 0.50 0.65 X 0 0 0 Steve Saleen Board Member 0.50 0.50 X 0 0 0 Keith Flickinger Board Member 0.50 0.65 X 0 0 0 George Ingle Board Member 0.50 0.50 X 0 0 0 Paul Sabatini Board Member 0.50 0.50 X 0 0 0 Tom Hedges Board Member (Emeritus) 0.50 0.50 X 0 0 0 Doug Clark Board Member 0.50 0.50 X 0 0 0 Michael J Phillips Board Member (Emeritus) 0.50 0.50 X 0 0 0 Al Ruozzi Board Member 0.50 0.50 X 0 0 0 Jonathan Shaw Board Member 0.50 0.50 X 0 0 0 Jason Wenig Board Member 0.50 0.50 X 0 0 0 Pat Riley Board Member 0.50 0.50 X 0 0 0 Drew Weyerhaeuser Board Member 0.50 0.50 X 0 0 0 Ed Brooks Board Member 0.50 0.50 X 0 0 0 Sandra Button Board Member 0.50 0.50 X 0 0 0 Bruce Wanta Board Member 0.50 0.50 X 0 0 0 Ed Welburn Board Member (Emeritus) 0.50 0.50 X 0 0 0 Gary Gartner Vice Chair (retired Sept 2024) 0.50 0.65 X X 0 0 0 592981 331049 102050 3 0 1 0 0 0 258178 866625 0 22920 2212605 141175 3360328 Deferred Memberships 712100 114210 114210 0 0 Storage Rental 712100 27194 27194 0 0 Program Ticket Sales 712100 18891 18891 0 0 Other Earned Income 712100 985 985 0 0 0 0 0 0 161280 2632 0 0 2632 0 0 0 0 0 0 0 0 0 0 0 0 358770 866625 338471 20299 0 20299 3450 9 3441 0 0 3441 0 3547980 161280 0 26372 25000 25000 0 0 0 0 0 0 274151 0 274151 0 0 0 0 0 407636 69083 228378 110175 1209 1303 -1515 1421 41100 10157 18708 12235 57727 7792 37220 12715 18659 0 18659 0 145092 62772 55233 27087 59873 35430 13162 11281 29609 619 6557 22433 80820 0 3353 77467 49127 2342 38278 8507 7194 7194 0 0 0 0 0 0 19879 0 19879 0 Repair & Maintenance 31180 0 4743 26437 Cultivation & Events 91380 3051 25929 62400 Collection Costs 1132 1132 0 0 In-Kinds Goods 173719 0 0 173719 104989 19584 59346 26059 1619476 245459 802081 571936 6936 255847 73489 187251 805416 1735740 1775 54991 25242 35835 940832 2241690 69189 70717 63956 63362 472809 475382 2375046 1750993 2981000 2360454 X -2905585 -2060873 865417 1942109 -2040168 -118764 940832 2241690 X 1928504 0 -2100 0 0 -5000 X 0 1 X 1 0 X 1745851 2340262 2153065 2896708 3360328 12496214 0 0 0 0 0 0 0 0 0 0 0 0 1745851 2340262 2153065 2896708 3360328 12496214 5105719 7390495 0 0 0 0 2632 2632 0 0 0 0 23740 23740 271473 231178 285319 311014 0 1098984 13621570 658930 0.54256 0.54489 X Schedule A, Part II, Line 10 Fundraising auction revenue and raffle ticket sales. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60000 100000 0 0 0 0 160000 0 60000 0 0 0 0 60000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 Due to Related Entities 1750993 1750993 X 3894328 0 7869 0 0 7869 3886459 0 -338479 -338479 3547980 1972924 9969 0 0 338479 348448 1624476 0 -5000 -5000 1619476 Schedule D, Part V, Line 4 General operations and scholarships. Schedule D, Part X, Line 2 The organization evaluates its uncertain tax positions and a loss contingency is recognized only when it is more likely than not the tax position will not be sustained on examination by tax authorities, based on technical merits of the position. The organization recognizes interest and penalties related to income tax matters in income tax expense, if applicable. As of December 31, 2024, the organization is not aware of any uncertain tax positions that require accrual. Schedule D, Part XI, Line 4b Annual fundraiser's direct costs. Schedule D, Part XII, Line 2d Annual Fundraiser's direct costs. Schedule D, Part XII, Line 4b Allowance for Bad Debts. Annual Gala 1225395 866625 358770 0 60386 0 58141 9167 210777 0 0 1225395 866625 358770 0 60386 0 58141 9167 210777 338471 20299 1 RPM Foundation 2702 East D Street Tacoma WA 98421 202102643 501(c)(3) 25000 0 Apprentice program. 1 0 Schedule I, Part I, Line 2 America's Automotive Trust allocated $25,000 to RPM Foundation to support its operations. Both are related organizations. See Schedule R. X X 0 0 0 0 0 0 0 1 0 David L Madeira Vice Chair & CEO,AAT 288750 0 50000 0 0 0 26972 0 0 0 365722 0 0 0 Sandy Colt Controller 135178 0 0 0 0 0 6899 0 10231 0 152308 0 0 0 Schedule J, Part I, Line 3 The Board of Director's responsibility is to provide for an appropriate executive compensation policy. The organization's executive compensation policy is intended to ensure that the organization remains competitive with similar institutions in terms of salary, fringe benefits, and provision of professional development opportunities. The policy is also intended to ensure that the executive and professional compensation is not "excessive" as defined by the Internal Revenue Service regulations currently in effect. Schedule J, Part I, Line 7 The CEO's, and VP of Finance's employment contracts provide for a performance-based bonus paid at a pre-determined amount at the discretion of the board each year. X 2 108500 FMV X Gala Auction Items 7 21848 FMV X Supplies 4 10827 FMV 2 0 1 0 Form 990, Part VI, Section A, Line 2 Nancy and Doug Lemay, board directors, have a family relationship. Several board members have outside business relationships with each other. None of these businesses has a relationship with America's Automotive Trust. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the finance committee chair and the VP of Finance for final approval and then made available to the remainder of the board before IRS submission. Form 990, Part VI, Section B, Line 12c Each year at the annual meeting of the board of directors, the chairman reviews the Conflict-of-Interest Policy. He/she informs the board of any contracts or relationships which may contain a potential conflict. Board members associated with the potential conflict of interest are asked to leave the room during any discussions and voting on of the transaction. Board members sign their own Conflict of Interest Statement. The executive assistant ensures all statements are completed and filed from each board member. Form 990, Part VI, Section B, Line 15 The organization's CEO's wages are reviewed each year by the Board's executive committee. Any adjustment to the CEO's salary is based on market surveys of the region and overall performance for the year. These discussions are part of the Executive Committee meeting minutes. The CEO's wages were last adjusted in 2024. The Vice Presidents' wages are reviewed each year by the CEO, using the associated market surveys and overall performance for the year. The Vice Presidents' wages were last adjusted in 2024. Other management wages are reviewed by the VP of Finance and adjusted according to market surveys every 3-4 years, depending on when the last review was conducted. Form 990, Part VI, Section C, Line 19 The organization's conflict of interest policy is available upon request and financial statements and Form 990 are available on the organization's website. Form 990, Part XI, Line 9 Allowance for Bad Debts LeMay Americas Car Museum 2702 East D Street Tacoma WA 98421 911867848 Operates car museum WA 501(c)(3) 509(a)(2) N/A 0 RPM Foundation 2702 East D Street Tacoma WA 98421 814337717 Education WA 501(c)(3) 509(a)(3) Type 1 America's Automotive Trust 1 LeMay Dome Parking Association 2702 East D Street Tacoma WA 98421 272511735 Operates parking lots surrounding WA 501(c)(3) 509(a)(3) Type 1 LeMay - America's Car Museum 1 Harold E Lemay Museum 2702 East D Street Tacoma WA 98421 272511537 Owns building leased by museum WA 501(c)(3) 509(a)(3) Type 1 LeMay-Americas Car Museum 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RPM Foundation b 25000 Actual amount received.