Rolls-Royce Owners Club Inc is located in Mechanicsburg, PA. The organization was established in 1961. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Rolls-Royce Owners Club Inc employed 7 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Rolls-Royce Owners Club 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, Rolls-Royce Owners Club Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $934.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING IN THE OPERATION OF MEETS AND TOURS WHERE AUTOMOBILES ARE DISPLAYED AND JUDGED, SPONSORING SEMINARS RELATED TO VARIOUS ASPECTS OF MAINTAINING THE AUTOMOBILES, PUBLISHING A PERIODICAL DEVOTED TO THE DISSEMINATION OF HISTORICAL AND TECHNICAL INFORMATIONS ABOUT ROLLS-ROYCE AND BENTLEY AUTOMOBILES.
PRINTING AND MAILING OF FLYING LADY MAGAZINE AND CLUB DIRECTORY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Lizewskie Executive Di | Officer | 45 | $82,098 |
Bob Fahning President Ja | OfficerTrustee | 3 | $0 |
Marilyn Turner Vice Preside | OfficerTrustee | 3 | $0 |
Jon Waples Treasurer | OfficerTrustee | 3 | $0 |
John Sweney President Ju | OfficerTrustee | 3 | $0 |
Bloor Redding Jr Sec Beg. Jun | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $106,286 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $106,286 |
Total Program Service Revenue | $802,828 |
Investment income | $49 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $30,217 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,028,410 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $82,098 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $190,851 |
Pension plan accruals and contributions | $10,436 |
Other employee benefits | $34,613 |
Payroll taxes | $20,959 |
Fees for services: Management | $0 |
Fees for services: Legal | $389 |
Fees for services: Accounting | $19,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $76,833 |
Advertising and promotion | $0 |
Office expenses | $119,648 |
Information technology | $14,427 |
Royalties | $0 |
Occupancy | $13,448 |
Travel | $3,436 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $266,389 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,820 |
Insurance | $17,058 |
All other expenses | $17,038 |
Total functional expenses | $934,144 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155 |
Savings and temporary cash investments | $331,232 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $124,851 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $132,998 |
Prepaid expenses and deferred charges | $50,943 |
Net Land, buildings, and equipment | $102,911 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $76,472 |
Total assets | $819,562 |
Accounts payable and accrued expenses | $88,246 |
Grants payable | $0 |
Deferred revenue | $248,945 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,951 |
Total liabilities | $344,142 |
Net assets without donor restrictions | $475,420 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $819,562 |