2024-11-14T07:44:04-06:00 2023-12-31 382656556 GORDON ADVISORS PC 1301 W LONG LAKE ROAD STE 200 TROY MI 48098 990 2023-01-01 010779978 CENTER FOR AUTOMOTIVE RESEARCH CENT 7346621287 880 TECHNOLOGY DRIVE STE C ANN ARBOR MI 48108 CHERIE VAN ALLEN VICE PRESIDENT 7349260291 2024-11-13 1 1 DOUGLAS R WRIGHT CPA P00175481 2489520200 2023 2024-10-15 13:58:12Z ALAN AMICI 880 TECHNOLOGY DRIVE STE C ANN ARBOR MI 48108 3246645 0 X WWW.CARGROUP.ORG X 2003 MI AN INDEPENDENT NONPROFIT PRODUCING INDUSTRY-DRIVEN RESEARCH AND FOSTERING DIALOGUE ON CRITICAL ISSUES FACING AUTOMOTIVE INDUSTRY AND ITS IMPACT ON THE U.S. ECONOMY AND SOCIETY. 8 7 31 8 0 0 871590 1284853 1812012 1961452 3974 340 0 0 2687576 3246645 0 0 0 0 1808075 1806319 0 0 138528 1317357 1679981 3125432 3486300 -437856 -239655 2277311 1908474 2436961 2307779 -159650 -399305 CAR'S MISSION IS TO CONDUCT INDEPENDENT RESEARCH AND ANALYSIS TO EDUCATE, INFORM AND ADVISE STAKEHOLDERS, POLICY MAKERS, AND THE GENERAL PUBLIC ON CRITICAL ISSUES FACING THE AUTOMOTIVE INDUSTRY, AND THE INDUSTRY'S IMPACT ON THE U.S. ECONOMY AND SOCIETY. 0 0 1160284 1263650 RESEARCH: CENTER FOR AUTOMOTIVE RESEARCH PARTICIPATES IN SEVERAL MULTI-YEAR AUTOMOTIVE INDUSTRY RELATED RESEARCH PROJECTS THAT ARE SUPPORTED BY FEDERAL, STATE, FOUNDATION AND PRIVATE INDUSTRY SOURCES. THE PROJECTS FOCUS ON ANALYZING ECONOMIC AND INDUSTRY TRENDS, PERFORMING COLLABORATIVE RESEARCH PROJECTS AND FORMING OPINIONS ON AUTOMOTIVE RELATED POLICIES. 556226 697802 CONFERENCES: THE CENTER FOR AUTOMOTIVE RESEARCH CONDUCTS CONFERENCES ON AUTOMOTIVE INDUSTRY TRENDS, TECHNOLOGY AND MANUFACTURING. THE MOST SIGNIFICANT CONFERENCE OFFERED IS THE CAR MANAGEMENT BRIEFING SEMINARS (MBS). THE MBS HAS TAKEN PLACE ANNUALLY FOR MORE THAN 50 YEARS. IN ADDITION TO PROVIDING UP-TO-DATE INFORMATION ON AUTOMOTIVE RELATED TOPICS, THE SEMINARS PROVIDE NETWORKING OPPORTUNITIES TO PARTICIPANTS AND PROMOTES THE SHARING OF IDEAS. IN ADDITION TO THE MBS, CAR CONDUCTS OTHER REGIONAL AND LOCAL AUTOMOTIVE RELATED CONFERENCES. 444897 MISSION: THE CENTER FOR AUTOMOTIVE RESEARCH WORKS TO FULFILL OUR NON-PROFIT DUTY TO PROMOTE THE SUSTAINABILITY OF THE AUTOMOTIVE AND MOBILITY INDUSTRY. THIS INCLUDES JOURNALIST INTERVIEWS, SPEAKING AT CONFERENCES AND OTHER PARTNER'S EVENTS, AS WELL AS GOVERNMENT RESEARCH TO SUPPORT PUBLIC POLICY. 2161407 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 31 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 MI X ALAN AMICI 7346621287 880 TECHNOLOGY DRIVE STE C ANN ARBOR MI 48108 DR ANDREW BROWN JR DIRECTOR 0.60 X 0 0 0 JADA SMITH DIRECTOR 0.60 X 0 0 0 JOHN BOZZELLA DIRECTOR 0.60 X 0 0 0 ED KNAPP DIRECTOR 0.60 X 0 0 0 MIKE PUTZ CPA DIRECTOR 0.60 X 0 0 0 ALAN AMICI PRESIDENT AND CEO 40.00 X X 254092 0 17029 DR ANUJA SONALKER DIRECTOR 0.30 X 0 0 0 MICHAEL PRESS DIRECTOR 0.30 X 0 0 0 DR DON HILLEBRAND DIRECTOR 0.30 X 0 0 0 CHERIE VAN ALLEN VP OF OPERATIONS AND SECRE 40.00 X 119262 0 16892 K VENKATESH PRASAD SENIOR VP OF RESEARCH 40.00 X 168751 0 12342 STEVEN POLAKOWSKI VP OF BUSINESS DEVELOPMENT 40.00 X 122562 0 24236 YEN CHEN SENIOR RESEARCH ECONOMIST 1.00 X 109176 0 20080 EDGAR FALER SENIOR INDUSTRY ANALYST 1.00 X 121878 0 13371 895721 0 103950 6 0 1 0 COEUS CREATIVE GROUP 37637 FIVE MILE ROAD SUITE 406 LIVONIA MI 48154 EVENTS AND MARKETING 187594 RUSSEL VIDEO 4528 CONCOURSE DRIVE ANN ARBOR MI 48108 EVENT AUDIO VISUAL 151138 ANN SCHLENKER PO BOX 206 DOWNERS GROVE IL 60515 BUSINESS DEVELOPMENT 115453 3 119903 1164950 1284853 RESEARCH PROGRAM REVEN 541700 1263650 1263650 CONFERENCE REVENUE 541900 697802 697802 1961452 340 340 3246645 1961452 0 340 X 768703 339169 367131 62403 815798 571052 240028 4718 38249 21974 14656 1619 67428 38736 25837 2855 116141 66718 44503 4920 1193 1193 26350 26350 993372 595375 346320 51677 48 48 6364 1678 4568 118 16266 9348 6232 686 169174 96301 66099 6774 2283 2283 16774 16774 25362 14437 9909 1016 8808 5060 3375 373 CONFERENCE 279265 279265 RESEARCH RESOURCE MATER 71576 71376 200 RESEARCH 44513 44513 ALL OTHER EXPENSES 15703 4844 10859 2930 1561 1369 3486300 2161407 1186365 138528 650 655 349479 47457 92197 282874 61336 69813 388184 279703 129610 108481 1644039 1399194 2277311 1908474 483147 405141 264531 162878 211361 1689283 1528399 2436961 2307779 X -159650 -399305 -159650 -399305 2277311 1908474 -239655 0 X 0 1 X 1 0 X 822000 965347 1172382 871590 1284853 5116172 2976670 1795449 1758980 1812012 1961452 10304563 3798670 2760796 2931362 2683602 3246305 15420735 35000 401261 397490 10000 230000 1073751 765769 987303 669798 428194 357131 3208195 800769 1388564 1067288 438194 587131 4281946 11138789 2112 188 121 3974 340 6735 2112 188 121 3974 340 6735 3800782 2760984 2931483 2687576 3246645 15427470 0.72200 0.71650 0.00040 0.00060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 371114 262633 108481 17070 17070 0 108481 CONTRACT ASSETS 29300 RIGHT OF USE ASSET 1528399 AMORTIZATION OF RIGHT OF USE ASSET -158505 1399194 RIGHT OF USE LIABILITY 1528399 1528399 X 3253885 7240 7240 3246645 0 3246645 3493540 7240 7240 3486300 0 3486300 PART X, LINE 2: MANAGEMENT EVALUATES, AT LEAST ANNUALLY, WHETHER ANY TAX POSITIONS REPORTED ON TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED IF CHALLENGED. MANAGEMENT BELIEVES NO SUCH POSITIONS EXIST THAT WOULD HAVE A SIGNIFICANT IMPACT ON THE CENTER'S FINANCIAL POSITION. AT DECEMBER 31, 2023 AND 2022, NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS CONSIDERED NECESSARY. 0 0 0 0 0 0 0 0 0 ALAN AMICI PRESIDENT AND CEO 254092 0 0 0 0 0 12500 0 4529 0 271121 0 0 0 K VENKATESH PRASAD SENIOR VP OF RESEARCH 168751 0 0 0 0 0 8250 0 4092 0 181093 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B EACH COMMITTEE HEAD REPORTS TO THE BOARD ANY DISCUSSIONS CONCERNING THE AREA THEY ARE REPRESENTING. THESE REPORTS TO THE BOARD ARE THEN DOCUMENTED IN THE OVERALL BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND THE VP OF ADMINISTRATION AND FINANCE BEFORE SIGNATURE IS OBTAINED AND THE RETURN IS FILED. A COPY OF FORM 990 IS GIVEN TO THE AUDIT COMMITTEE AND FINANCE COMMITTEE CHAIRPERSONS, AS WELL AS LOADED INTO THE BOARD PORTAL FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT ON AN ANNUAL BASIS. THESE ARE REVIEWED AND DISCUSSED AT TIME PAPERWORK IS SUBMITTED. ANY SUBSEQUENT CONFILICTS ARE BROUGHT TO THE BOARD'S ATTENTION WHEN THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 CENTER FOR AUTOMOTIVE RESEARCH PAID FOR A COMPENSATION STUDY COMPARING TOP MANAGEMENT, INCLUDING CEO, PRESIDENT, AND VICE PRESIDENT, WITH MANAGEMENT COMPENSATION IN OTHER SIMILAR ORGANIZATIONS IN 2008. THE COMPENSATION COMMITTEE REVIEWED THE RESULTS AND REPORTED RESULTS BACK TO THE BOARD FOR REVIEW AND APPROVAL. SINCE THAT TIME, CENTER FOR AUTOMOTIVE RESEARCH MANAGEMENT ANNUALLY PROPOSES PERCENTAGE INCREASES FOR STAFF AND MANAGEMENT BASED ON PRIOR YEAR PERFORMANCE AND FINANCIAL OUTCOME. THE PROPOSAL IS DISCUSSED WITH THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD DURING THE DECEMBER BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 CAR'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AND UPDATED ON DUN AND BRADSTREET; QUARTERLY FINANCIAL STATEMENTS GO TO THE GOVERNING BODY; FUNDING SOURCES ARE ON CAR'S WEBSITE. ALL OF THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G RESEARCH CONSULTANTS: PROGRAM SERVICE EXPENSES 252,443. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 252,443. CONFERENCE CONSULTANTS: PROGRAM SERVICE EXPENSES 197,867. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 197,867. OTHER FEES: PROGRAM SERVICE EXPENSES 145,065. MANAGEMENT AND GENERAL EXPENSES 346,320. FUNDRAISING EXPENSES 51,677. TOTAL EXPENSES 543,062.