Overview

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Est.

2005

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Center for Automotive Education and Training Inc is a nonprofit organization dedicated to promoting excellence and ethical standards in the automobile retail industry, focusing on education, special needs education, and traffic safety. With an operating budget of $2.1 million and total revenue of $2.7 million for the 2024 filing year, it receives significant support from the NADA FOUNDATION, which contributes approximately $987.8K, accounting for over 36% of its total revenue. The organization operates an education facility that supports the activities of the Greater New York Automobile Dealers Association.

Mission Statement

THE CAET WAS ESTABLISHED AS A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE TO SUPPORT THE ACTIVITIES OF THE GREATER NEW YORK AUTOMOBILE DEALERS ASSN. THE CAET OPERATES AN EDUCATION FACILITY, WHOSE MISSION IS TO PROMOTE EXCELLENCE AND ETHICAL STANDARDS IN ALL PHASES OF THE AUTOMOBILE RETAIL INDUSTRY, INCLUDING MANAGEMENT, SALES, SERVICE AND TRAFFIC SAFETY.
Revenues
$2.7M
Expenses
$2.1M
Net Income:
+$627.6K
Assets
$5.3M
Liabilities
$161.2K
Net Assets:
+$5.1M
Operating Budget
$2.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$34K
Largest grant received
$34K
L
Lou Giordano
Board Member
M
Mark Lacher
Board Member
J
John Lasorsa
Board Member

Frequently Asked Questions

What is THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC’s budget?
In 2024, THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC support?
THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC supports work in Education, Traffic safety, and Special needs education.
Where does THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC operate?
THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC is headquartered in Whitestone, NY.
Who funded THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC recently?
In 2022, THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC received grants from NADA FOUNDATION and NADA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC received in 2022?
The largest grant to THE CENTER FOR AUTOMOTIVE EDUCATION AND TRAINING INC in 2022 exceeds $34 thousand.