2011-11-14T15:37:04-06:00 2011-06-30 EISNERAMPER LLP 101 WEST AVENUE PO BOX 458 JENKINTOWN PA 190460458 990 2010-07-01 230968200 AUTOMOBILE DEALERS ASSOCIATION OF GREATER PHILADELPHIA AUTO 6102795229 3311 SWEDE ROAD SUITE A EAST NORRITON PA 19401 KEVIN MAZZUCOLA 6102795229 2011-11-14 1 DAVID A GRUBER 2158818800 2010 2016-02-24 21:20:13Z KEVIN MAZZUCOLA 3311 SWEDE ROAD EAST NORRITON PA 19401 4404392 0 X WWW.ADAGP.COM X 1904 PA OUR MISSION IS TO SUPPORT, PROMOTE AND PROTECT THE COMMON INTERESTS OF THE FRANCHISED NEW CAR AND TRUCK DEALERS OF GREATER PHILADELPHIA BY PROVIDING SERVICES AND PROGRAMS, DISSEMINATING INFORMATION, ENHANCING DEALERSHIP IMAGE AND POOLING COLLECTIVE INFULENCE FOR THE BENEFIT OF OUR MEMBERS. THE ASSOCIATION PRODUCES AND PRESENTS THE PHILADELPHIA AUTO SHOW. 11 11 16 0 0 0 0 0 127145 4249527 -45721 51084 3860215 68970 3941639 4369581 363329 425332 0 0 1044693 1125823 0 0 0 2583244 2792634 3991266 4343789 -49627 25792 6231482 6891928 118114 201461 6113368 6690467 X OUR MISSION IS TO SUPPORT, PROMOTE AND PROTECT THE COMMON INTERESTS OF THE FRANCHISED NEW CAR AND TRUCK DEALERS OF GREATER PHILADELPHIA BY PROVIDING SERVICES AND PROGRAMS, DISSEMINATING INFORMATION, ENHANCING DEALERSHIP IMAGE AND POOLING COLLECTIVE INFLUENCE FOR THE BENEFIT OF OUR MEMBERS. 0 0 2157110 4121956 THE PHILADELPHIA AUTO SHOW IS A NINE-DAY PUBLIC GATE SHOW HELD ANNUALLY AT THE PENNSYLVANIA CONVENTION CENTER. THE MAIN PURPOSE OF THE SHOW IS TO PROVIDE A PLACE FOR NEW CAR SHOPPERS TO COMPARE SEVERAL MAKES AND MODELS OF VEHICLES UNDER ONE ROOF. ON AVERAGE, APPROXIMATELY 225,000 PEOPLE ATTEND THE SHOW EACH YEAR. EXIT SURVEY RESULTS INDICATE THAT MORE THAN ONE QUARTER OF THE NEW CARS SOLD IN THE PHILADELPHIA DESIGNATED MARKETING AREA EACH YEAR ARE INFLUENCED BY RESEARCH DONE AT THE PHILADELPHIA AUTO SHOW. 425332 425332 IT IS THE INTENTION OF THE ASSOCIATION TO MAKE A DONATION TO THE ADAGP CHARITABLE FOUNDATION (DBA AUTO DEALERS CARING FOR KIDS FOUNDATION) EACH YEAR. THIS FOUNDATION IS CLOSELY TIED TO THE MISSION AND INTERESTS OF THE ASSOCIATION AND IT IS THE MAIN BENEFICIARY OF THE ASSOCIATION'S PHILANTHROPY. AS THE END OF EACH FISCAL YEAR APPROACHES, THE ASSOCIATION REVIEWS ITS FINANCIAL RESULTS AS WELL AS ITS PROJECTED FINANCIAL NEED FOR THE NEXT YEAR. WITH THIS INFORMATION, THE ASSOCIATION CALCULATES ITS DONATION TO THE ADAGP CHARITABLE FOUNDATION BEFORE THE FISCAL YEAR-END. 1440799 THE ASSOCIATION PROMOTES THE RETAIL AUTO INDUSTRY IN THE GREATER PHILADELPHIA AREA AND SERVES OVER 175 DEALER MEMBERS AND 80 ASSOCIATE MEMBERS. THE ASSOCIATION'S BUILDING IS A CENTRALLY LOCATED MEETING FACILITY THAT MAY BE USED BY DEALER MEMBERS AND AUTO MANUFACTURERS AT A DISCOUNTED RATE. THE ASSOCIATION OFFERS THE FOLLOWING PUBLICATIONS TO ITS MEMBERS: AUTO OUTLOOK (MONTHLY AND QUARTERLY NEWSLETTERS WITH DATA FOR NEW AND USED CAR SALES), THE DRIVING FORCE QUARTERLY MAGAZINE AND YOU AUTO KNOW, A BIMONTHLY NEWSLETTER. IT ALSO OFFERS QUARTERLY MEETINGS FOR ACCOUNTING AND FIXED OPERATIONS PERSONNEL FROM DEALERSHIPS TO GATHER INFORMATION AND DISCUSS ISSUES AFFECTING THEIR DEALERSHIPS. 4023241 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 16 1 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X X MARY LYNN ALVARINO 6102795229 3311 SWEDE ROAD STE A EAST NORRITON PA 19401 SCOTT LUSTGARTEN 1.00 X 0 0 0 DONALD J FRANKS 1.00 X X 0 0 0 DOMINIC M CONCICELLI 1.00 X X 0 0 0 MICHAEL CHAPMAN 1.00 X X 0 0 0 DAVID KELLEHER 1.00 X 0 0 0 KEVIN DUNPHY 1.00 X 0 0 0 RAYMOND GLANZMANN 1.00 X 0 0 0 STEPHEN KELLY 1.00 X 0 0 0 DREW FITCHETT 1.00 X 0 0 0 BRYAN O'REILLY 1.00 X 0 0 0 MARIA PACIFICO 1.00 X 0 0 0 KEVIN MAZZUCOLA 40.00 X X 305550 0 85454 MICHAEL GEMPP 40.00 X 214423 0 22392 MARY LYNN ALVARINO 40.00 X 159490 0 15324 ERIC CALDARALE 40.00 X 0 0 0 ANDREA SIMPSON 40.00 X 0 0 0 679463 0 123170 3 0 1 0 PENNSYLVANIA CONVENTION CENTER AUTHORITY ONE CONVENTION CENTER PLACE 1101 A PHILADELPHIA PA 19107 RENT OF SPACE FOR AUTO SHOW 725007 MAYO SEITZ MEDIA INC 532 TOWNSHIP LINE ROAD BLUE BELL PA 19422 MEDIA BUYING 475683 HARGROVE INC ONE HARGROVE DRIVE LANHAM MD 20706 AUTO SHOW GRAPHICS AND GENERAL CONTRACTO 193358 3 PHILADELPHIA AUTO SHOW 541900 4121956 4121956 DUES 541900 50751 50751 MEETING FACILITY 541900 48870 48870 THE DRIVING FORCE MAGA 541900 27950 27950 4249527 51084 51084 71401 71401 71401 71401 32380 34811 -2431 -2431 4369581 4320928 0 48653 425332 425332 904396 722889 181507 145682 117808 27874 475 75 400 13522 10874 2648 61748 49398 12350 26400 21120 5280 14625 11700 2925 29981 23985 5996 44441 35553 8888 17855 14284 3571 18333 14666 3667 156643 156643 20200 16160 4040 AUTO SHOW EXPENSES 2157110 2157110 REPAIRS AND MAINTENANCE 73453 58762 14691 TAXES - REAL ESTATE/OTH 73234 58587 14647 MEETING FACILITY 38750 31000 7750 UTILITIES 36399 29119 7280 85210 68176 17034 4343789 4023241 320548 0 221366 436948 76409 21482 13347 9449 5094604 1544995 3646897 3549609 2273463 2874440 6231482 6891928 19889 75410 93825 21651 4400 104400 118114 201461 X 0 0 0 0 6113368 6690467 6113368 6690467 6231482 6891928 X 25792 551307 X X 0 1 1 X 0 1 0 1 50751 29981 20904 50885 50751 134 -134 1156251 1156251 3101619 1000001 2101618 442543 349409 93134 394191 195585 198606 3549609 SECURITY DEPOSITS HELD 4400 DUE TO AFFILIATE 100000 104400 4369581 4343789 25792 551307 551307 577099 4955699 551307 34811 586118 4369581 0 4369581 4378600 34811 34811 4343789 0 4343789 PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM SPECIAL EVENTS PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM SPECIAL EVENTS PART X, QUESTION 2 U.S. GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR FEDERAL OR STATE TAX RETURNS. MANAGEMENT HAS EVALUATED THE IMPACT OF THIS STANDARD ON ITS FINANICAL STATEMENTS AND BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS AND THE EFFECTS OF ADOPTING THIS STANDARD ARE NOT MATERIAL TO THE ASSOCIATIONS FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE ASSOCIATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, AS A GENERAL AND ADMINISTRATIVE EXPENSE. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2011 AND 2010. 0 ADAGP CHARITABLE FOUNDATION 3311 SWEEDE ROAD STE A EAST NORRITON PA 19401 030509965 501(C)(3) 400000 TO ASSIST THIS FOUNDATION IN FURTHERING ITS CHARITABLE MISSION 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUNDS ARE MONITORED BY OBTAINING AN AUDITED FINANCIAL STATEMENT AS WELL AS REGULAR REIVEW OF THE ORGANIZATION'S BOARD MINUTES. X 0 1 0 KEVIN MAZZUCOLA 305550 0 0 0 0 0 0 0 0 0 305550 0 0 0 MICHAEL GEMPP 214423 0 0 0 0 0 0 0 0 0 214423 0 0 0 MARY LYNN ALVARINO 159490 0 0 0 0 0 0 0 0 0 159490 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 (A) ONLY ONE (1) VOTE MAY BE CAST ON BEHALF OF EACH ACTIVE MEMBER OF THE ASSOCIATION AT ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERS OF THE ASSOCIATION. A DEALER PRINCIPAL WILL HAVE ONE (1) VOTE PER DEALERSHIP ENROLLED AS AN ACTIVE MEMBER. DEALER PRINCIPALS WITH MORE THAN ONE (1) DEALERSHIP ENROLLED AS AN ACTIVE MEMBER ARE ENTITLED TO ONE (1) VOTE PER DEALERSHIP. VOTES BY A MAJORITY OF THE ACTIVE MEMBERS PRESENT OR REPRESENTED AT ANY SUCH MEETING AT WHICH A QUORUM IS IN ATTENDANCE SHALL BE SUFFICIENT FOR TAKING ACTION. DEALER PRINCIPALS ARE DEFINED TO BE INDIVIDUALS WHO ARE OFFICERS OF ACTIVE MEMBERS OR OTHERWISE DEFINED AS DEALER PRINCIPALS IN THE ACTIVE MEMBER'S CURRENT MANUFACTURER'S/DISTRIBUTOR'S FRANCHISE AGREEMENT. THE CORPORATION MAY RELY UPON THE AUTHORITY OF ANY INDIVIDUAL IN THESE CAPACITIES FIRST PURPORTING TO EXERCISE A VOTE ON BEHALF OF AN ACTIVE MEMBER. (B) ASSOCIATE MEMBERS SHALL NOT BE ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7A (A) ONLY ONE (1) VOTE MAY BE CAST ON BEHALF OF EACH ACTIVE MEMBER OF THE ASSOCIATION AT ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERS OF THE ASSOCIATION. A DEALER PRINCIPAL WILL HAVE ONE (1) VOTE PER DEALERSHIP ENROLLED AS AN ACTIVE MEMBER. DEALER PRINCIPALS WITH MORE THAN ONE (1) DEALERSHIP ENROLLED AS AN ACTIVE MEMBER ARE ENTITLED TO ONE (1) VOTE PER DEALERSHIP. VOTES BY A MAJORITY OF THE ACTIVE MEMBERS PRESENT OR REPRESENTED AT ANY SUCH MEETING AT WHICH A QUORUM IS IN ATTENDANCE SHALL BE SUFFICIENT FOR TAKING ACTION. DEALER PRINCIPALS ARE DEFINED TO BE INDIVIDUALS WHO ARE OFFICERS OF ACTIVE MEMBERS OR OTHERWISE DEFINED AS DEALER PRINCIPALS IN THE ACTIVE MEMBER'S CURRENT MANUFACTURER'S/DISTRIBUTOR'S FRANCHISE AGREEMENT. THE CORPORATION MAY RELY UPON THE AUTHORITY OF ANY INDIVIDUAL IN THESE CAPACITIES FIRST PURPORTING TO EXERCISE A VOTE ON BEHALF OF AN ACTIVE MEMBER. (B) ASSOCIATE MEMBERS SHALL NOT BE ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B YES, ACTIVE MEMBERS HAVE THE RIGHT TO REQUEST SPECIAL MEETINGS, OUTSIDE OF NORMALLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 ONCE THE 990 IS COMPLETED BY THE TAX PREPARERS, IT WILL BE SHARED, REVIEWED AND DISCUSSED WITH THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF OPERATIONS. ONCE THEY HAVE APPROVED IT, AND WITH THEIR RECOMMENDATION, IT WILL BE SENT TO THE EXECUTIVE COMMITTEE FOR COMMENT. IF NO COMMENTS ARE RECEIVED BY THE EXECUTIVE COMMITTEE, IT WILL BE CONSIDERED APPROVED FOR SUBMISSION AND SENT TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER COMPLETES AND SIGNS A DISCLOSURE STATEMENT AT THE BOARD OF DIRECTORS MEETING HELD IN THE SPRING OF EACH YEAR. THE DIRECTOR OF OPERATIONS AT THE ASSOCIATION PERFORMS A REVIEW OF THE SIGNED STATEMENTS TO IDENTIFY ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR TOP MANAGEMENT AND OFFICERS IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ON GUIDESTAR.COM. OTHER DOCUMENTS SUCH AS GOVERNING DOCUMENTS, FORM 1023, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 551,307. THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND ITS FINANCIAL STATEMENTS AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS IS UNCHAGED FROM THE PRIOR YEAR. THE BOARD DETERMINES AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY BUT THE EXECUTIVE DIRECTOR DETERMINES THE SALARY FOR ALL OF THE STAFF MEMBERS. ADAGP CHARITABLE FOUNDATION 3311 SWEDE ROAD EAST NORRITON PA 19401 030509965 PUBLIC CHARITY SUPPORTING CHILD-RELATED ORGANIZATIONS PA 501(C)(3) 170(C)(2) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ADAGP FOUNDATION N 0 ADAGP FOUNDATION B 400000 ADAGP FOUNDATION M 0