NATIONAL ASSOCIATION OF MINORITY AUTOMOBILE DEALERS
9475 LOTTSFORD RD SUITE 150, LARGO, MD 20774 www.namad.org

Total Revenue
$2,442,135
Total Expenses
$2,419,028
Net Assets
$1,558,492

Organizations Filed Purposes: THE NATIONAL ASSOCIATION OF MINORITY AUTOMOBILE DEALERS (NAMAD) IS A 501 (C)(3) NON-PROFIT, TAX-EXEMPT ORGANIZATION HEADQUARTERED IN THE WASHINGTON, D.C. AREA. FOUNDED IN 1980, NAMAD IS COMMITTED TO INCREASING OPPORTUNITIES FOR ETHNIC MINORITIES IN ALL ASPECTS OF THE AUTOMOTIVE INDUSTRY. NAMAD SEEKS TO ENSURE THE PRESENCE OF A MEANINGFUL, REPRESENTATIVE NUMBER OF MINORITY ENTREPRENEURS AND EMPLOYEES IN THE RETAIL SALES, SUPPLIER AND SERVICE SECTORS, AND THE MANUFACTURING RANKS. NAMAD IS COMMITTED TO WORKING CLOSELY WITH DOMESTIC AND INTERNATIONAL NAMEPLATE MANUFACTURERS TO ACHIEVE WIN/WIN, SOUND BUSINESS ARRANGEMENTS DESIGNED TO CREATE RECIPROCAL TRADING PARTNERSHIPS. OVER THE PAST YEAR, ASTUTE AUTOMOBILE MANUFACTURERS HAVE JOINED FORCES WITH NAMAD TO WORK TOGETHER TO ADVANCE THE NATION'S EFFORTS TO PROMOTE EQUAL OPPORTUNITY AND ACCESS FOR ALL AMERICANS. THESE PARTNERSHIPS HAVE UNCOVERED NEW MARKETS, NEW IDEAS, NEW TALENT AND NEW CAPITAL - ALL TO THE BENEFIT OF AUTOMOBILE MANUFACTURERS

NAMAD'S PROGRAM SERVICES ARE DESIGNED TO: 1. ENSURE THE PRESENCE OF A MEANINGFUL REPRESENTATIVE NUMBER OF MINORITY AUTOMOBILE DEALERS WITHIN THE GENERAL BODY OF SUCH BUSINESS ENGAGED IN THE PARTICULAR SEGMENT OF ENTERPRISE KNOWN AS RETAIL AUTOMOBILE SALES AND SERVICES; 2. PRESERVE THE GAINS MADE BY MINORITY AUTO DEALERS TOWARD REASONABLE AND FAIR REPRESENTATION IN THE TOTAL THRUST OF PROMOTING ALL MINORITY ENTERPRISE EFFORTS IN AMERICA; 3. ENCOURAGE THE EMPLOYMENT AND BETTERMENT OF MANAGEMENT SKILLS THROUGH EDUCATION, EXCHANGE OF (CONTINTUED ON SCHEDULE O) INFORMATION AND THE ACTIONS OF NAMAD IN CONJUNCTION WITH THE FINANCIAL COMMUNITY AND AUTOMOBILE MANUFACTURERS. NAMAD'S PROGRAM SERVICES INCLUDE CONFERENCES AND MEETINGS, AND PUBLICATION OF RESOURCE MATERIALS FOR THE GENERAL EDUCATION AND INFORMATIONAL PURPOSES OF MINORITY AUTO DEALERS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Damon LesterPRESIDENT40$199,500
Winston PittmanBD MEMBER1$0
Thomas MooreheadCHAIRMAN1$0
Sandy WoodsBD MEMBER1$0
Maurice SlaughterBD MEMBER1$0
Ray Fregia JrBD MEMBER1$0
Robert BrogdenBD MEMBER1$0
Damian MillsBD MEMBER1$0
Michael MartinBD MEMBER1$0
Joe ChastangBD MEMBER1$0
James DavisBD MEMBER1$0
Jose PozosBD MEMBER1$0
Jay RosarioSECRETARY1$0
Irving MatthewsBD MEMBER1$0
Greg BarancoBD MEMBER1$0
Fernando VarelaBD MEMBER1$0
Ray Fregia DrBD MEMBER1$0
Bedward FitzpatrickBD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201903199349316495_public.xml