Nonprofit · EIN 42-0329990
IOWA AUTOMOBILE DEALERS ASSOCIATION
Tax-exempt · WDM, IA 50265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $2,301,372 | $1,584,731 | $716,641 | $11,831,826 | $2,487,661 | $9,344,165 |
| May 31, 2025 | 990 | $1,519,928 | $1,440,567 | $79,361 | $10,077,749 | $2,483,067 | $7,594,682 |
| May 31, 2024 | 990 | $1,325,425 | $1,331,859 | -$6,434 | $9,222,453 | $2,467,539 | $6,754,914 |
Financial details: 990 for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $15,800
- Program service revenue
- $639,608
- Investment income
- $817,871
- Royalties
- $824,364
- Net gain from sales of assets
- $617,228
- Other revenue
- $828,093
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $377,775
- Other salaries and wages
- $392,852
- Salaries, compensation and benefits (total)
- $1,124,245
- Professional fundraising fees
- $0
- Legal fees
- $2,240
- Accounting fees
- $15,377
- Occupancy
- $56,405
- Travel
- $99,762
Balance sheet and other
- Total assets, start of year
- $10,077,749
- Total assets, end of year
- $11,831,826
- Total liabilities, end of year
- $2,487,661
- Net assets, end of year
- $9,344,165
- Publicly traded securities
- $9,244,233
- Net assets without donor restrictions
- $6,749,947
- Net assets with donor restrictions
- $2,594,218
- Gross unrelated business income
- $23,524
- Gross receipts
- $3,595,588
- Employees
- 13
- Volunteers
- 19
- Year formed
- 1919
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRUCE ANDERSON | PRESIDENT Officer | 28 | $338,598 | $141,002 | $45,518 |
| GARY THOMAS | FORMER PRESIDENT Former | 1 | $225,000 | $0 | $27,913 |
| BRAD BAKER | CFO Officer | 14 | $58,500 | $112,553 | $20,362 |
| DANNY WILSON | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVE WRIGHT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JASON WILLIS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSH VANNESS | IMMEDIATE PAST CHAIRMAN, ENDED APRIL 2026 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TIM GODFREY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| APRIL FINNIN-RINK | DIRECTOR, BEGAN APRIL 2026 Trustee or director | 1 | $0 | $0 | $0 |
| BEN KNOEPFLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAREY KEMNA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHAD MUSZYNSKI | DIRECTOR, BEGAN APRIL 2026 Trustee or director | 1 | $0 | $0 | $0 |
| DOUG DEYARMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRED GRASK | DIRECTOR, ENDED APRIL 2026 Trustee or director | 1 | $0 | $0 | $0 |
| JOE CLEMONS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDSAY MCGRATH | DIRECTOR, ENDED APRIL 2026 Trustee or director | 1 | $0 |
| SCOTT MCMULLEN | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT POLITTE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended May 31, 2025: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRUCE ANDERSON | PRESIDENT Officer | 28 | $259,859 | $109,784 | $45,813 |
| GARY THOMAS | FORMER PRESIDENT Former | 1 | $225,000 | $0 | $25,125 |
| BRAD BAKER | CFO Officer | 13 | $50,394 | $107,582 | $19,514 |
| DANNY WILSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVE WRIGHT | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JASON WILLIS | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSH VANNESS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATT BROWN | TREASURER, ENDED APRIL 2025 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BEN KNOEPFLER | DIRECTOR, BEGAN APRIL 2025 Trustee or director | 1 | $0 | $0 | $0 |
| CAREY KEMNA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG DEYARMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRED GRASK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOE CLEMONS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINDSAY MCGRATH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT MCMULLEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT POLITTE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM GODFREY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRUCE ANDERSON | PRESIDENT Trustee or director, Officer | 25 | $212,884 | $125,027 | $44,514 |
| GARY THOMAS | FORMER PRESIDENT Former | 1 | $225,000 | $0 | $17,943 |
| BRAD BAKER | CFO Officer | 10 | $35,805 | $107,414 | $18,298 |
| JOSH VANNESS | CHAIRMAN, START APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JASON WILLIS | VICE-CHAIRMAN, START APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JON MCCOY | IMMEDIATE PAST CHAIRMAN, END APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVE WRIGHT | IMMEDIATE PAST CHAIRMAN, START APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JIM O'HALLORAN | TREASURER, END APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATT BROWN | TREASURER, START APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DANNY WILSON | SECRETARY, START APRIL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| FRED GRASK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG DEYARMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAREY KEMNA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINDSAY MCGRATH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM GODFREY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOE CLEMONS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT POLITTE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT MCMULLEN | DIRECTOR, START APRIL Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1111 OFFICE PARK RD, WDM, IA 50265-2507
- Principal officer (990 for 2025)
- BRUCE ANDERSON, 1111 OFFICE PARK RD, WEST DES MOINES, IA 502652507
- Signed the 990
- BRUCE ANDERSON, PRESIDENT
- Phone
- (515) 226-1900
- Website
- WWW.IADA.COM
- Return prepared by
- FORVIS MAZARS LLP
Mission
PROMOTE AND PROTECT THE GENERAL WELFARE AND PROSPERITY OF FRANCHISED NEW MOTOR VEHICLE DEALERS IN IOWA.
Program accomplishments
- PUBLICATIONS - THE ASSOCIATION PRODUCES TWO PRINT PUBLICATIONS, BOTH OF WHICH ARE AVAILABLE TO MEMBERS ELECTRONICALLY. THE ASSOCIATION ALSO PRODUCES A COMPLIANCE MANUAL TO PROVIDE REGULATORY GUIDANCE AND BEST PRACTICE INFORMATION TO MEMBER DEALERSHIPS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990 on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0329990
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,831,826
- Income (IRS master file)
- $3,595,588
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | $2,301,372 | $1,584,731 | $11,831,826 | XML |
| 990 | May 2025 | $1,519,928 | $1,440,567 | $10,077,749 | XML |
| 990 | May 2024 | $1,325,425 | $1,331,859 | $9,222,453 | XML |
| 990 | May 2023 | $1,082,746 | $1,144,708 | $7,872,774 | IRS |
| 990 | May 2022 | $2,119,341 | $1,151,326 | $8,460,192 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0329990).
Questions about IOWA AUTOMOBILE DEALERS ASSOCIATION
- What is the EIN of IOWA AUTOMOBILE DEALERS ASSOCIATION?
- The employer identification number (EIN) of IOWA AUTOMOBILE DEALERS ASSOCIATION is 42-0329990.
- Is IOWA AUTOMOBILE DEALERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
- Are donations to IOWA AUTOMOBILE DEALERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IOWA AUTOMOBILE DEALERS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IOWA AUTOMOBILE DEALERS ASSOCIATION due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IOWA AUTOMOBILE DEALERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2026.
- Who is the principal officer of IOWA AUTOMOBILE DEALERS ASSOCIATION?
- The 990 for the year ended May 31, 2026 names BRUCE ANDERSON.
- Who are the officers and directors of IOWA AUTOMOBILE DEALERS ASSOCIATION?
- The 990 for the year ended May 31, 2026 lists 18 people; 3 received compensation from the organization, the highest $338,598 (BRUCE ANDERSON, PRESIDENT).
- How much revenue does IOWA AUTOMOBILE DEALERS ASSOCIATION have?
- On its 990 for the year ended May 31, 2026 it reported revenue of $2,301,372, expenses of $1,584,731 and total assets of $11,831,826 at year end.
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