Bmw Car Club Of America Inc
- Assets
- $116.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Meadow, NY
- Founding
- 02/2007
- Data as of
- 12/2022
- EIN
- 11-2661062
Organization Overview
Bmw Car Club Of America Inc is located in East Meadow, NY. The organization was established in 2007. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bmw Car Club Of America Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Bmw Car Club Of America Inc generated $2.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $6.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DRIVING SCHOOL AND AUTOCROSS - EVENTS TO TEACH SAGE AND SKILLFUL DRIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Allen President | 10 | $0 | |
James Siegel Treasurer | 10 | $0 | |
Sherwin DE Shong Secretary | 10 | $0 | |
David Flores Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,208 |
| Investment income | $6,481 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$39,381 |
| Other Revenue | $0 |
| Total Revenue | $2,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $219 |
| Other expenses | $5,127 |
| Total expenses | $6,246 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,617 |
| Other assets | $0 |
| Total assets | $116,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,617 |