Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 15a COMPENSATION OF THE PRESIDENT | THE COMPENSATION OF THE PRESIDENT IS PAID BY A RELATED ORGANIZATION, SOUTH FLORIDA AUTOMOBILE DEALERS ASSOCIATION TAG AGENCY, INC. THE FORM 990 INSTRUCTIONS INDICATE WHEN COMPENSATION IS NOT PAID BY THE FILING ORGANIZATION, THIS QUESTION SHOULD BE ANSWERED "NO". |
| Form 990, Part VI, Line 15b COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES | THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION THAT RECEIVE COMPENSATION. THE FORM 990 INSTRUCTIONS INDICATE WHEN COMPENSATION IS NOT PAID BY THE FILING ORGANIZATION, THIS QUESTION SHOULD BE ANSWERED "NO". |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The Executive Committee shall be composed of the Chairman, Chairman-Elect, immediate past Chairman and Secretary-Treasurer of the Association. Between sessions of the Board of Directors, the Executive Committee shall have and may exercise all of the powers and duties of the Board except that the Executive Committee shall not have power to make or amend the By-Laws or the Articles of incorporation or remove or appoint officers. The Executive Committee shall at all times be subject to any limitations which may be imposed upon its operations by the Board. The Executive Committee shall meet between regular Board meetings as the affairs of the Association may require. The Chairman may call a meeting of the Executive Committee at any time. The Executive Committee may act by telephone or email confirmation and without a Formal meeting, but in all such cases the concurrence of a majority of all members of the Executive Committee shall be necessary for its acts to be valid and the concurrence shall be recorded by the Chairman or President not later than ten days after the occurrence. A majority of the Executive Committee shall constitute a quorum for the transaction of its business. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | Members of SFADA are new car dealers in South Florida. Members have the right to elect the members of the governing body but only the governing body approves significant decisions. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | Members of SFADA have the right to elect members to the governing body. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | The Executive Committee shall have and may exercise all of the powers and duties of the Board except that the Executive Committee shall not have power to make or amend the By-Laws or the Articles of incorporation or remove or appoint officers. The Executive Committee shall at all times be subject to any limitations which may be imposed upon its operations by the Board. For further explanation of the executive committee please see the explanation for Form 990, Part VI, Line 1a. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | A copy of the 990 is reviewed by the organization's Controller and President prior to its filing. |
| Form 990, Part VI, Line 19 Required documents available to the public | Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. |
| Form 990, Part IX, Line 11g Other Fees | DECORATORS - Total Expense: 528648, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; CONSULTING FEES AND SUPPORT - Total Expense: 50206, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; SHOW COORDINATOR - Total Expense: 22941, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; SPECIAL EVENTS - Total Expense: 45885, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; OTHER PROFESSIONAL FEES - Total Expense: 95831, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Change in Value of Equity in Subsidiaries - 405107; |
| Software ID: | 17005876 |
| Software Version: | 2017v2.2 |